Top 5 - Global Oil and Gas Hubs
A recent article by the Scottish Energy News has forecasted that Aberdeen could see up to 23,000 North Sea job losses by 2020. Given that 2015 has been a bleak year for the Oil and Gas industry in the UK, Subsurface Global have looked at locations that could offer a potential alternative to toughing it out in either the Granite City or the Big Smoke.
Through our offices in the UK, Europe and the Middle East we have placed candidates and consultants in a number of international locations and feel we are well placed to look at 5 Oil and Gas Hubs as an alternative to the UK.
Oil & Gas Industry:
Kuala Lumpur, or KL as it is known, is the capital of Malaysia and is seen as the headquarters of the Southeast Asian Oil and Gas industry. It ranks high in numerous studies that look at job opportunities and the cost of living is comparatively cheaper than regional rival hubs Singapore and Perth. With over 4,000 Oil & Gas companies currently registered in Malaysia and a significant expat community, it is an attractive prospect for Oil and Gas professionals in the UK looking to live and work abroad. It is also an area that has attracted the attention of Subsurface Global and we are actively working with operators in the region and have scouted KL as a potential location for a regional office.
KL is not lacking in sights and attractions and one of the most popular is the Petronas Towers. Located in KL city centre, the Petronas Twin Towers’ architecture is Islamic-inspired and the buildings primarily house the corporate headquarters of the Petronas Company and other offices. The city is also home to British colonial-era landmarks such as the Kuala Lumpur Railway Station and the Sultan Abdul Samad Building. Away from the city centre you can view the stunning natural beauty of the Batu Caves approximately 11 kilometres to the north of KL.
Oil and Gas Industry:
Abu Dhabi is the capital of the UAE and one of the world’s premier Oil & Gas hubs. The UAE’s biggest company is the Abu Dhabi National Oil Company (ADNOC) which employs over 25,000 people and turned over approx. $150 billion USD in 2014. For a comparison, Abu Dhabi holds 94% of the proven oil and gas reserves in the whole of the UAE, while neighbouring Dubai accounts for only 4%. Adding in the extensive foreign E&P companies that operate in the region such as BP, Shell, Total and Occidental, there are no shortage of opportunities for ambitious expats wanting to work in Abu Dhabi.
Subsurface Global established our head office in the region in 2009 and from there we support a number of international operators and local joint venture companies.
Abu Dhabi sits off the mainland on an island in the Arabian Gulf and is regularly cited for having one of the most stunning skylines in the eastern hemisphere. There is an eclectic mix of traditional Arabic architecture that can be seen in the stunning Sheikh Zayed Grand Mosque and Emirates Palace, set close to more modern developments like Yas Island. For a recently arrived expat family there is plenty to see and do from world class malls and fine dining to attractions for the kids at Ferrari World and Yas Waterworld.
Oil and Gas Industry:
Calgary, a cosmopolitan Albertan city, owes its rapid growth to its status as the centre of Canada’s oil industry. It is the largest city in the province of Alberta and has been an oil hub since the turn of the 20th century. Although the city has been severely affected by the current drop in the oil price it still provides an opportunity for experienced Oil and Gas professionals looking to expand their career and sample another culture and way of life. The larger Oil and Gas companies located in the city are Nexen, Canadian Natural Resources, Encana and Suncor Energy, making Alberta home to 87% of Canada’s oil and natural gas producers.
I spent some time living and working in the neighbouring city of Edmonton and visited Calgary frequently so I can vouch for the attractions that the city has to offer. The annual Calgary Stampede is a 10 day event that attracts over one million visitors per year and features rodeos, parades and concerts. Downtown Calgary features a mix of restaurants, bars and shopping venues and the famous Calgary Zoo recently received international recognition as one of the top zoos in the world. Due to Canada’s close historical ties with the UK, Calgary shares many cultural similarities and remains an attractive destination to live and work.
Oil and Gas Industry:
Houston is the largest city in Texas and the fourth most populous city in the United States. The city is known as a world capital of the Oil & Gas industry, with over 5,000 energy firms doing business in the region. Similarly to Calgary the city’s oil boom occurred in the early 20th century and today Houston is headquarters for 17 energy-related Fortune 500 companies and the city remains a viable opportunity for experienced Oil and Gas professionals to progress and develop their career.
Houston is a diverse city with a large and growing international community which boasts many attractions and annual events that cater to all people. The Houston Livestock Show and Rodeo is the largest of its kind in the world and celebrates the city’s agricultural heritage. Houston is home to many cultural institutions and exhibits, which attract more than 7 million visitors a year to the Museum District. The city has an active visual and performing arts scene in the Theatre District and offers year-round resident companies in all major performing arts.
Rio de Janeiro
Oil and Gas Industry:
Rio de Janeiro is a large coastal city in Brazil, famed for its 38m Christ the Redeemer atop Mt. Corcovado and its burgeoning reputation as South America’s centre for Oil and Gas exploration. Rio became an attractive place for companies to locate when it was the capital of Brazil and the city was chosen as headquarters for state-owned companies such as Petrobras (National Oil Company). After the transfer of the capital to Brasília, in 1960, Rio kept attracting more companies and after the discovery of oil in the Campos Basin (which accounts for most of the total oil production of Brazil), many international Oil and Gas companies based themselves in Rio, such as the Brazilian branches of Shell, EBX and Esso.
Despite its well documented socio-economic problems, Rio is seeking to establish itself as a major international city. The final of the 2014 FIFA World Cup was held in the city and it will also host the 2016 Olympic Games. The Corcovado Mountain, mentioned earlier, which displays the famous Christ the Redeemer statue offers 360-degree panoramic views of the city. Rio de Janeiro is regarded as the Carnivale capital of the world. The religious festival draws in roughly 500,000 tourists each year for its four day celebration, 40 days before Easter.
At Subsurface Global we are aware that nowhere is immune to the effects of the oil price. All the cities mentioned above will be going through their own difficulties but there are always companies offering an opportunity. We are working with a large number of international operators and if you are considering positions or projects out with the UK please review our live jobs here.
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