Facts Roundup: Europe Job Market

Europe, the world’s fourth largest producer of oil and gas, contains the majority of its reserves in the North Sea basins. Major investments in new technology has prolonged the field life and recovery factors of the North Sea fields and added to the production of the industry, as well as providing employment opportunities.

The listed facts and statistics provide a glimpse on how vital this industry is to the country’s GDP, with employment contributing heavily to the European oil and gas industry.

USGS: Estimate of Conventional Gas Resources Grows Internationally

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