Canadian Oil Sands Projects Continue to Vie for Skilled Talent
More than 98,000 oil sands construction, maintenance and operations jobs will be generated over the next decade, according to a new report “the Oil Sands Construction, Maintenance and Operations Labour Demand Outlook to 2023”.
“Accurate labor market information gives us a clear understanding of the workforce issues affecting oil sands development, and helps ensure that $172 billion in wages and salaries continues to generate economic benefits right across this country. This new information helps government and industry make the best possible decisions, and helps Albertans and Canadians make informed choices about their careers,” said Kyle Fawcett, minister of Alberta Jobs, Skills, Training and Labour, in the report.
The Labour Demand Outlook report analyzed data and viewed insights from the construction sector, the oil sands sector and government to highlight the need for the construction and oil and gas industries to work together to ensure the supply of skilled workers supporting future hiring needs.
The report’s projections underscore the significant workforce challenges facing oil sands employers, the Petroleum Human Resources Council noted. Alberta continues to compete for key trades and occupations as other resources, infrastructure and engineering projects across the country get underway.
Specific construction occupations in dire need of manpower are boilermakers, carpenters, electricians and laborers. With more than 98,380 positions vying for skilled talent, the report noted.
Alberta’s oil sands have proven reserves of about 168 billion barrels, and every dollar invested in the resources create about $8 worth of economic activity; with one-third of that economic value generated outside of Alberta, according to the Conference Board of Canada. Moreover, oil sands-related investment is expected to generate $79.4 billion in federal and provincial government revenues between now and 2035.
123
View Full Article
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Africa's Natural Resources: Focus for Both Oil and Gas Sectors
- Apprenticeships Gain Momentum in Upstream Oil, Gas Sector
- Senate Energy, Natural Resources Committee to Vote on Keystone XL Pipeline
- East Africa Must Tackle Challenges to Become an Export Hub
- US Shale Debt Increases as Drillers Push to Maintain Gains
- ExxonMobil Racks Up Discoveries in Guyana Block Eyed by Chevron
- Oil Market Sentiment Has Improved Significantly
- EU, US Eye Collaboration on Nuclear Materials
- EU Electricity Export to Ukraine Up 94 Percent in Two Years
- China Coal Output Falls for First Time since Government Ordered More
- USA Driving Activity to Increase to All-Time Highs
- BP Pulse Buys One of Europe's Largest Truck Stops
- UK CCUS Plans Outdated: Think Tank
- TC Energy to Sell Prince Rupert Gas Pipeline Project to First Nation
- I Squared Eyes Full Ownership of Europe Gas Storage Firm
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- EIA Drops 2024 Henry Hub Gas Price Forecast
- EIA and Standard Chartered Offer Up Latest Oil Price Predictions
- Red Sea Region Sees Another Watershed Incident
- Chevron Oil Project in Kazakhstan to Cost $48.5B
- OPEC Voices Encouragement after IEA Affirms Support for Oil Security
- Biden Govt Bares Strategy for Freight Charging, Hydrogen Fueling Infra
- Ukraine Hits Third Russian Refinery In Escalating Drone Strikes
- Rystad Looks at the Buzz Around White Hydrogen
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Is Peak Oil Demand Close?
- Vessel Sinks in Red Sea After Missile Strike
- JP Morgan, Standard Chartered Reveal Latest Oil Price Forecasts
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Rystad Forecasts Net Production of Top Permian Producers in 2024
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension