The Continued Demand for Top Talent in the Oil and Gas Industry


During the US Shale Revolution, talent acquisition and retention strategies that relied too heavily on monetary rewards proved unsustainable, contributing to cost escalation across the industry. While the recent decline in crude prices have soured headlines, the true headline should be able the continued demand for top talent in the oil and gas industry. However, generational differences, coupled with shifting business priorities, are spurring oil and gas organizations to reassess their approach to attracting and retaining critical talent. Rather than relying as heavily on monetary rewards, organizations are focusing their strategies on fostering and developing community amongst employees and emphasizing perquisites and benefits that integrate the work setting into employees’ lifestyle and needs.
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Optical Fibers in Oil & Gas; Sensing at the Speed of Light


Most readers will be familiar with the idea of optical fibers as forming the foundation of today’s global telecommunications network. Since the appearance of the first low-loss optical fibers in the early 1970s, the technology has also led to the development of a range of sensors having unique properties and capabilities. This article is a brief overview of the principles behind those sensors, how (and why) they are being deployed today in the global oil & gas industry, and what’s on the horizon.
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Need for New Ideas, Even in a Time of Tight Cash


The collapse in oil price in the second half of 2014 has brought a sharp cash crunch to the industry. R&D spending in oil and gas rose over the last decade, following prices and as companies have taken on more complex and challenging projects. By 2013, leading researchers and developers in the oil and gas sector were spending over $15 billion annually, double that of a decade earlier.
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Getting There: Transportation and Logistics Management a Critical Piece of the Oil & Gas Puzzle


The transportation and logistics challenges in the oil and gas industry are formidable. Highly specialized equipment, remote locations, and constantly fluctuating freight costs can have a significant impact on profit margins and present a keen logistics challenge. Whether hauling equipment to job sites or moving freight from one location to another, it is important to maximize supply chain and logistics efficiencies in order to improve your bottom line and enhance profit margins.
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Restless about Connected Devices and Security Risks – Four Strategies to Help Oil & Gas Execs Sleep Easier


The decline of oil prices places immense pressure on the Oil & Gas industry, and organizations are looking for ways to safely cut operational expenses to respond to those pressures and stay competitive in the current price market. According to Capital Economics, the 50 percent drop in crude oil prices will reduce annual revenue to oil producers worldwide by more than $1.5 trillion. In the past year, we have seen smaller companies go out of business as well as a number of mergers and acquisitions across the industry as a result of market conditions.
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