Hays: Changing LNG Phase Helps Position Australia for Oil Plunge

“There was definitely a sign in the market that Australia had the LNG expertise that North America and Canada would be needing, which led to the speculation of an Australian movement to those markets,” Kirwan explained.

“I can’t see that happening now as there have been no projects approved recently and several projects pulled. Ten percent is not the case anymore, but it is something that will happen should we move into a more positive space.”

“However, there are pockets in Kuwait and South America that are still quite positive for these specialized skill sets.”

Skills Shortages

It is also likely, for the moment, that a skills shortage that has plagued Australia for several years is no longer a severe issue due to the cautious approach companies have adopted, Kirwan added.

For Hays, Kirwan explained, the changing environment has resulted in an increase in focus on securing specialist procurement personnel to help companies reduce operational costs.

“They are having directives of up to 25 percent cost cuts across the board and having to go to suppliers to seek cost reductions across the board,” Kirwan said.

“That’s where we are busy at the moment, dealing with these queries and obviously supporting clients to get personnel in to deal with these situations.”


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