Generational Gap is major issue for Oil and Gas industry in future. It needs to be dealt carefully to utilize the opportunities of Oil market.

1. The Crew Change
Oil & Gas Strategic
Future

2. Table of content
 The problem : Generational Gap
 Aspects of Generational Gaps
 Workforce Diversity
 Safety and health Issues
 Work-life balance
 The solution : Global sharing and Discussion
 How Oges works for the solution ?
 Access to Oges
 References

3. Problem
 Generational Differences
 Senior employees with expertise moving out
 New Recruits with long-term potential reluctant to
join

4. Aspects of Generational Gap
Major areas exhibiting generational differences in an Oil
and Gas firm
 Workforce diversity
 Safety and health Issues
 Work-Life Imbalance

5. Workforce Diversity
 Senior and junior employees face incompatibility
with each other
 Varying beliefs and work patterns for both the
segments
 No overlap of knowledge transition
 Gap widening with time

6. …contd.
Staff profile of Oil and Gas Companies in Middle East Source:
(PWC, 2008)
Massive Diversity between Ages

7. Safety and Health Issues
 Employees under 21 years of age and over 55 years
of age most vulnerable to health hazards
 Takes 10 years on an average to gain expertise in
handling risk
 Young crowd reluctant to join Oil and Gas firms de to
risks associated

8. … contd.
Marginal increase in industry-wide recruitment in the last 6 years
Source: www.sbc.slb.com (2015)

9. Work Life Balance
 Senior Employees accustomed to traditional work
pattern
 Young employees keen on better living conditions
at par with other modern industries
 Demography hampering with work life balance

10. Solution: Global sharing and discussions to reduce
cultural gaps
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17. References
 Kolosova, O. (2011). Problems of salaries
management in oil and gas companies. EoR, pp.167-
175.
 Lebedko, A. (2014). Scope of state involvement in the
management of oil and gas complex. OGBUS, (1),
pp.397-411.
 Mnasri, M., Dionne, G. and Gueyie, J. (n.d.). How Do
Firms Hedge Risks? Empirical Evidence from U.S. Oil
and Gas Producers. SSRN Electronic Journal.
 PWC, (2008). [online] Available at:
http://www.strategyand.pwc.com/media/file/Labour_an
d_Skills_Crisis_Could_Stall_Oil_and_Gas_Boom.pdf
[Accessed 6 Nov. 2015].
 Sabet, A. and Heaney, R. (n.d.). Real Options and the
Value of Oil and Gas Firms: An Empirical
Analysis. SSRN Electronic Journal.