Opinion

Is the Energy Future Bright for Europe and Africa? NES Global Talent Weighs In


Published: 13 Mar 2018

fdbhdhdfhdf

Gavin Peavoy, Managing Director at NES Global Talent, an industry-leading recruitment agency provides insights into the future of the energy market, including how tech has transformed the energy recruitment industries. Peavoy, who has represented NES Global Talent across the European and African energy sectors for nearly ten years highlights the emerging projects and likely industry ‘hot-spots' for 2018.

 

The rise of technology in energy

The development of innovative technology and how it can be utilised has led to significant developments in the energy market and how businesses operate. Peavoy describes the considerable changes that have occurred in both the energy industry in terms of its focus and within the recruitment sector itself.

Today, business is won by having the ability to demonstrate better performance through a combination of data and technological solutions, explains Peavoy.

“The recruitment industry is now more targeted on technology which allows the demonstration and monitoring of efficiency, and NES place a significant focus on investing in technology and the necessary tools that will attract candidates and generate better performance”.

Whilst there have been significant changes in the market, Peavoy emphasises the core focus of NES being the customer, which includes both candidates and clients. The process of how clients work and their expectations have changed over the years. Designing a strategy based on their requirements and providing a unique business solution requires additional planning and investment.


Oil and Gas

Peavoy explains that 2017 was a highly positive year for NES and the wider energy market. In recent years, the core oil markets witnessed a deep recession, leading to cost cuts in headcount and clients streamlining their supply chain. Peavoy highlights that the sector is looking more positive now, with the construction of large-scale projects, including the Coral LNG project in Mozambique and the TengizChevroil (TCO) site in Kazakhstan.

Both projects have already impacted the overall demand across the supply chain. Peavoy believes developments like this are a positive sign, suggesting the additional demand will generate further opportunities in 2018.

There are several key locations that are generating significant momentum in the oil market. Peavoy emphasises the TCO development in Kazakhstan and the number of opportunities that will arise as a result of this project.

Elsewhere, West and North Africa namely Ghana, Mauritania, and Senegal are all showing positive signs of market growth. Across East Africa, projects in Tanzania, Uganda, and Mozambique are emerging and continuing to create a series of new opportunities within the industry. Peavoy also highlights that the core functional locations in Europe for the oil sector including London, Paris, The Hague and Stavanger will also experience a distinct upturn in development.

 

Power

Whilst NES covers 5 distinct sectors (Oil and Gas, Power, Manufacturing, Construction, Infrastructure, and Biosciences), Peavoy suggests that their predominant focus in terms of investment is in the energy industry. The power market is a strong focus, and delivering a strategy to support the asset owners in key projects, both existing, and ones in emerging markets, is essential. There is a growing number of opportunities available in power, wind, solar, battery storage and the wider grid asset market.

Peavoy highlights the UK has a significant focus on the power market, highlighting the supply chain support for several key projects including Hinkley Point and East Anglia One (EA1). Outside of the UK, the region of North Africa, specifically Algeria and Libya are continuing to create a number of new opportunities within the power sector.

 

Renewables

Peavoy explains how more oil and gas businesses are diversifying and looking to invest in emerging and rapidly developing alternative energy markets.

“A large focus for many core upstream clients is now being placed into diversifying into the renewable energy market. Core asset owners are looking very closely at global renewables projects, and leading oil businesses are showing their commitment to the market by investing in a range of wind and solar projects”.

According to Peavoy, the European renewables market continues to be of particular importance with France and Denmark being highlighted as the two key areas where further opportunities will likely be created.

 

NES Global Talent works across the global energy markets, providing staffing solutions to the oil, power and renewables sectors for both existing and new projects.

Click here to browse NES Global Talent's latest jobs today.


Visit source site

https://energyjobline.com/article/is-the-energy-fu...

energy jobsOil and Gas Jobsmiddle east jobs

More items from gkimberley


Growing Energy Demand Won’t Be Met By Renewables Alone, Says BOSS Energy Director

Michael Johnson, director at the industry-leading recruitment agency, BOSS Energy, provides his thoughts on the current oil and gas market and the future challenges facing the industry. Johnson, a founding member of BOSS Energy, with 7 years energy recruitment experience highlights the focus of th ...

Grace Kimberley


Posted 15 days agoOpinion

UK Oil and Gas Tax Revenues Have Increased, Says HMRC

Figures from  HM Revenue and Customs  (HMRC) suggest oil and gas tax revenues are “in the black” for the first time since the industry downturn. Tax receipts have been  steadily increasing  and a total figure of £1.1bn was recorded for 2017-18. Figures from 2016-17 indicated a loss of over £316m. ...

Grace Kimberley


Posted 1 month agoPress

Fircroft: BP Starts-Up Shah Deniz 2 Project in Azerbaijan

BP has this week announced the start-up of the landmark  Shah Deniz 2 project in Azerbaijan  along with its first commercial gas delivery to Turkey. Shah Deniz 2 is BP's largest new upstream project in 2018 and is the second of six project start-ups expected for the year from the British multinatio ...

Grace Kimberley


Posted 1 month agoPress

Robotic and drone technology could transform the offshore oil market

The rise and development of new technology have encouraged the oil and gas industry to integrate new devices and systems into the market in an attempt to enhance efficiency, production levels and reduce overall costs. Oil businesses are now exploring the potential of utilising robotic technolog ...

Grace Kimberley


Posted 3 months agoOpinion > Oil and GasDrilling Technology

Former Oil Industry Executive Urges Industry to Clean Up its Climate Plans

Bill Hafker, a former ExxonMobil executive recently discussed the oil and gas industry to US media and how it can address the issues of climate change. The oil and gas industry currently account for approximately fifty percent of global carbon emissions. Industry experts have indicated that in ord ...

Grace Kimberley


Posted 3 months agoOpinion > ExxonMobilParis Climate Agreement
All posts from gkimberley