Human resources
The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
Launched by the SPE Integrated Reservoir Management Technical Section, this initiative provides young professionals with opportunities to apply next-generation skills, build confidence, and develop leadership capabilities, preparing them to guide the industry forward.
The Human Resource Development Corporation and Society of Petroleum Engineers Asia Pacific signed a memorandum of understanding to support the development of a future-ready energy workforce and strengthen Malaysia’s position as a regional hub for technical expertise and innovation.
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The SPE Colombia Section, through analysis of data obtained in several studies, identified a lack of soft skills in the country’s young professionals in the energy sector. As a result of the analyses, a project was designed to improve these skills through various activities and keynotes. -
Employment is not a direct function of oil prices, but of upstream and midstream investment and activity. Fluctuations in SPE membership generally lag the activity increase or decrease by 1–2 years. It is expected that the current upcycle of activity will contribute to a rebound in membership, especially among the young professionals.
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How to use the new SPE Competency Matrices to prepare for the SPE Certification Exam and the SPE Competency Management Tool to address skills gaps to excel in the energy industry in the 21st century.
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High oil prices will mean more spending on workovers to eke out more oil and gas from older wells. The amount will depend on finding those willing and able to do that tricky work.
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To turn the spotlight on YPs' contributions to the industry, SPE's The Way Ahead Editorial Committee is accepting nominations for "TWA Energy Influencers 2022: Young Professionals Who ENERGIZE Our Industry.”
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Is it possible to predict future petroleum engineering graduation rates based on past trends? The answer is no. But this discussion by experts in both analysis and academia shows those trends can offer some interesting insights.
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Stunningly ambitious plans to create global carbon capture and storage that rivals the scale of today’s oil and gas production will require a host of technical skills to determine if it is even possible.
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The enrollment trend in petroleum engineering programs continues downward, but a big increase in oil prices has resurrected thoughts of past enrollment booms.
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Regarding the long-term risks to our industry and a decreasing role of oil and gas in the energy transition in the future, I see an opportunity for companies to expand into new business segments and our members into new career opportunities.
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Business, management, and leadership skills, also known as soft skills or nontechnical skills, can and should be developed early in one’s career, preferably before receiving a promotion to a leadership position. These case studies illustrate the advantages of using business simulations and dedicated learning programs to practice both nontechnical and technical skills …
