Highlights current and upcoming workforce requirements for Canada’s oil and gas industry based on recently completed studies.
The presentation also provide an overview of the online career planning tool and discusses existing and upcoming features of the tool.
The New Reality: Employment Opportunities in Canada's Oil and Gas Industry
1. The New Reality: Employment Opportunities
in Canada’s Oil and Gas Industry
August 3, 2017
Petroleum Labour Market Information (PetroLMI) Division of Enform
2. ACKNOWLEDGEMENTS AND DISCLAIMERS
This webinar is funded in part by the Government of Canada’s Sectoral Initiatives Program.
Disclaimer: The viewer of this presentation has permission to use limited labour market information (or LMI) content for general reference
or educational purposes in the viewer’s analysis or research reports. “Limited LMI Content” is defined as a maximum of three slides or
data tables/graphs from this slide deck. Where Limited LMI Content is used, the viewer must cite the source of the Limited LMI Content
as follows: Source (or “adapted from”): The Petroleum Labour Market Information (PetroLMI) Division of Enform Canada, name or
product, catalogue, volume and issue numbers, reference period and page(s).
The viewer of this presentation cannot however:
• Market, distribute, export, translate, transmit, merge, modify, transfer, adapt, loan, rent, lease, assign, share, sub-license or make
available to another person or entity, this presentation in any way, in whole or in part.
• Use this presentation and its contents to develop or derive any other information product or information service for commercial
distribution or sale.
• Use this presentation and its contents in any manner deemed competitive with any other product or service offered by PetroLMI
• The information and projections contained herein have been prepared with data sources PetroLMI has deemed to be reliable.
PetroLMI makes no representations or warranties that this presentation is error free and therefore shall not be liable for any
financial or other losses or damages of any nature whatsoever arising from or otherwise relating to any use of this slide deck.
• The opinions and interpretations in this presentation are those of the PetroLMI and do not necessarily reflect those of the
Government of Canada.
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3. Carly McConachie
Communications Advisor
Carly.McConachie@enform.ca
3
PRESENTER
Claudine Vidallo, BSBA, PMP
Team Lead
Claudine.Vidallo@enform.ca
AGENDA
• Overview of PetroLMI
• Labour Market Data, Trends
and Outlook
• Career Resources
• Q&A
View this slide deck shortly after the
webinar at slideshare.net/PetroLMI
Visit www.careersinoilandgas.com
to access all our free LMI and career
resources
FACILITATOR
4. • A leading resource for labour
market information and insights
regarding Canada’s petroleum
industry.
• We generate:
– Current and short-term
workforce trends and
insights
– Labour market outlooks
– Career profiling and tools
– And other resources!
• A division of Enform Canada, the
safety association for the oil and
gas industry.
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About PetroLMI
6. Please indicate the stakeholder group you represent:
a. Career planner, job seeker or employment services
b. Education or training institute
c. Government
d. Oil and gas (industry association, company or service provider)
e. Other
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POLL #1
8. Current State of the Industry
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• Two years of spending cuts shrunk direct
employment in Canada’s oil and gas to
174,000 workers
─ 25% fewer jobs than 2014 peak employment levels
─ 52,500 direct jobs have been lost… and thousands of indirect jobs!
• So far this year, a mixed bag of spending, activity and hiring
─ Increased production and rig activity > hiring for certain occupations and locations
─ Mergers and acquisitions, cautious spending, efforts to manage labour costs and
improve productivity > reducing and/or shifting workforce needs
• Oil price hovering around US$45 to $50 per barrel; market uncertainties remain.
9. 2017 Mid-Year Industry Workforce Trends Survey Results
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Top workforce issues/challenges:
1. Managing/reducing labour costs and/or remaining lean
2. Employee engagement
3. Attracting and retaining workers in hard-to-recruit locations
4. Shortages in specific skills and experience
5. Compensation/benefits expectations
Hiring plan for
the remainder
of 2017:
Currently or will be
hiring (55%)
Not hiring but
keeping current
workers (36%)
Reducing
workforce levels
(5%)
Unsure (4%)
10. 2017 Mid-Year Industry Survey Results (cont’d)
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Which occupations within your hiring needs do you consider to be in-demand?
Job Category/Family In-Demand Occupations
Engineers Exploitation/Reservoir, Facilities, Completions, Production
Geoscience professionals Geophysicist
Technicians and
technologists
QC Welding Inspectors
Trades Welder, Millwright/Mechanic, Rig Technicians
Operators Tubular Running Service Technicians, Rig Managers, Drillers,
Plant/Process Operators, and Oilfield Service Supervisors
Field workers or labourers Tubing/Casing Cleaners/Power Thread Washers, Hot Tapping&
Plugging Tech Trainee and In-Line Inspection Trainees, and
Field Operators
Business & operations
support roles
Health & Safety, IT
11. 2017 is a Pivotal Year for Canada’s Oil and Gas Industry
Two Scenarios for Pricing, Production and Spending:
Sources: Pricing and expenditure forecasts supplied by ARC Energy Research Institute as of January 10, 2017 which incorporates the production outlook from the
Canadian Association of Petroleum Producers’ June 2016 Crude Oil Forecast, Markets and Transportation report. Oil price in US$ per barrel (/bbl), West Texas
Intermediate (WTI); Natural gas price in C$ per gigajoules (/GJ), AECO Hub Price Index.
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12. Employment Outlook, 2017 to 2021
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Partial job recovery is expected in either scenario… but differs in time frame and activity level.
Sources: Statistics Canada for actuals; PetroLMI for estimated and forecasted employment.
13. Employment Outlook, 2017 to 2021
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Partial job recovery is expected in either scenario… but differs in time frame and activity level.
Sources: Statistics Canada for actuals; PetroLMI for estimated and forecasted employment.
Q1 and Q2
2017 Average
Employment
(176,700)
14. Employment Outlook, 2017 to 2021 (cont’d)
Partial job recovery is expected in either scenario…but differs in time frame and activity level.
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15. 2017 Hiring Outlook in a Modest Recovery Scenario
• The oil and gas industry may need to hire 6,000
additional workers this year if a Modest
Recovery scenario is truly underway.
• Companies could implement a variety of
strategies to address hiring needs, including:
– Recalling experienced workers
– Enhancing employee engagement and
productivity
– Developing existing staff to take on additional
responsibilities and/or new positions
– Using a flexible workforce that can ramp up
and down as required and address peak
activity levels.
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17. A Shrinking Oil and Gas Labour Force
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0
50,000
100,000
150,000
200,000
250,000
Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015 Q4 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 Q1 2017 Q2 2017
Employment Unemployment
Source: Statistics Canada’s Labour Force Survey data, quarterly and seasonally unadjusted for the upstream and midstream petroleum industry in Canada.
Labour force = Employed + Unemployed.
18. Workforce Retirements to 2021
• About 13% of current oil
and gas workers may retire
in the next five years.
– Over 4,000 could retire
in 2017 alone
• Decisions to fill job
vacancies from retirements
will be assessed based on
the position and type of
work.
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19. Oil and Gas Activity across Canada
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Oil and gas plays receiving the most attention are those offering producers the greatest
profitability in a restructured price and cost environment. Fiscal and regulatory policies and
regulations will continue to have an impact on attracting investment.
20. Oil and Gas Activity Supports Jobs across Canada
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Industry activity in the next five years
will support an annual average of
508,000 to 554,000 direct and
indirect jobs throughout Canada.
22. Career Explorer
• A unique tool that lets you browse, search, sort and compare occupations in the oil and
gas industry
• Contains more than 100 occupational profiles; outlines career paths, related occupations
and transferable sectors
• Has a self-assessment feature to help you find occupations that best suits your
qualifications, experience and work style preferences
• Has many more features! Available online on www.CareersinOilandGas.com.
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31. Career Explorer Tool Enhancements coming this August!
• Job Bank integration to showcase current oil and gas job openings across Canada.
• www.CareersinOilandGas.com and the entire Career Explorer Tool en Francais.
• How-To Instructional video in both English and French.
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32. How will use the information and resources you learned from today’s webinar?
a. Workforce planning
b. Program and/or policy development
c. Career guidance or planning
d. Job searching
e. Other (please specify in the chat box)
32
POLL #2
34. For more information
Contact us at info@careersinoilandgas.com
Visit careersinoilandgas.com
Find us on social media
@PetroLMI facebook.com/careersinoilandgas @PetroLMI