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Staffing Is Main Constraint to Oil Output, Schlumberger Says
The biggest constraint to expanding global oil and gas production is a lack of trained younger and mid-career workers in the oil industry, said the head of the world’s largest oil-field-services company, Schlumberger Ltd.
The U.S., Canada, Russia and the Middle East have the largest supply deficits in “petro-technical” staff while China, India and Indonesia have [...]
Oil Projects Idle as Supply of Gear, Staff Runs Dry
A global shortage of drilling equipment has stalled production in Colombia. Delays of more than a year are common.
Deep beneath the Caribbean Sea lies an oil field so promising that it could reverse this country’s six-year slide in petroleum production and ease its economic problems.
But no one can get to the crude. A global shortage [...]
