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Oil & Gas Careers: Freelance vs Staff

For many, stepping out of the corporate world and into a freelance role is the fulfilment of their oil & gas careers.  It represents a chance for personal growth, building your own business, and testing your business skills in a competitive world.  For HR teams, it also offers benefits, but with some risks.  The financial rewards for the individual can be substantial: in good times, O&G day rates of $500 to $3,000+/day are readily achievable.

Why do it?

But of course it’s never just about the money. For some it’s a different way to develop a leadership role – leading projects, leading people, setting up a new business.  Some individuals go on to assume positions of significant influence, perhaps advising Boards, executives or governments – and maybe commanding $5,000 a day or more.  [Read more…]

NOC Assembly June 2017: Feedback

WBC’s Jon Green and Angus Warren attended this year’s NOC Assembly, hosted by The Oil & Gas Council, in Paris on Monday.  The event was well attended, mostly by African NOCs and Ministries given the follow-on Africa Assembly the next day.  It was good to see old colleagues and to meet new. [Read more…]

Leadership Styles – What’s Yours? The role of EQ

How do you move from functional management into leadership? Course delegates – particularly those on our 3 Day MBA programmes – often ask this question. The first step is to have a career plan (see our recent white paper). It also helps to understand the different styles of leadership and most importantly, to understand your own leadership style. In this blog, we attempt to summarise some of the more well-known aspects of leadership and make some suggestions as to how managers in oil & gas might apply them to their own career development. [Read more…]

First International O&G Contracts Course for WBC

It was a week of firsts: WBC’s first International O&G Contracts course, delivered in Lagos and Mohammad Al-Ramahi delivering his first course as a WBC associate. The International O&G Contracts course had attendees from oil companies and engineering service companies. The course ran in March at excellent facilities provided by Saipem. [Read more…]

Oil and Gas Management and Leadership Course Held in London

This oil and  gas management and leadership event in April was held at the offices of io oil & gas consulting in world class facilities at the Shard London,  Angus Warren delivered WBC’s acclaimed 3 Day MBA in Oil & Gas to a group that included participants from Ukraine, Austria, Angola and the U.K.  and from a variety of sectors including oil companies, a services company and consultants. [Read more…]

Oil & Gas Talent Management – 2017 & Beyond

The industry’s managers have a talent management problem. In our latest white paper we look at the need for changes in strategy as companies compete in a new market environment.  New strategies will be based on innovation and collaboration, but at their heart is the issue of talent: having the capabilities to implement the new strategy. Companies have laid off thousands of experienced staff, many of whom have said they are not coming back to the oil business. Many experienced staff who remain are close to retirement. There’s a new generation of Millennials who are not that keen on the existing management styles of the oil business – and don’t see it as a particularly attractive industry to work in. This might not matter much if the industry was in terminal decline. [Read more…]

Hydrocarbon Man: The Risks, Opportunities and Prospects for Oil & Gas in 2017 and Beyond

WBC’s Angus Warren gave a presentation at The Aster Club’s* spring meeting in London last week.  The talk, entitled “Hydrocarbon Man: The Risks, Opportunities and Prospects for Oil & Gas in 2017 and Beyond” started with an overview of an industry that touches every aspect of modern life from energy, to food, medicines and clothes.  Delegates learned how mankind has become “Hydrocarbon Man”. [Read more…]

Death of the Annual Appraisal in Oil and Gas?

A recent piece from EY’s highly respected Global Oil and Gas Sector calls for a new approach to performance management – one “that is focused on coaching and development, rather than ratings and rankings”. For any line manager or HR professional involved in appraisal in oil and gas, it’s a thought provoking piece.  Peter Smith, WBC’s Business Development Director has a few additional suggestions. [Read more…]

“The biggest risk is not taking any risk….”

As Mark Zuckerberg continued, “…in a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks”.  The risk of doing nothing is now a regular topic in our conversations with clients about risk management.

Bruised by the battering the industry has taken in the past three years, painfully aware, after Deepwater Horizon, of the potential for disaster, often led by legal advice, and conscious of the rise of alternative energy sources, companies and investors could be forgiven for sitting on the sidelines, minimising their risk with a lack of activity.

But would they be mistaken? [Read more…]

What are the prospects for 2017?

How do you feel about prospects for the oil business and your career in 2017? Where will the oil price be in 12 month’s time? What are the biggest skills gaps in the E&P sector? What skills would you want to develop? Please join in our annual survey [Read more…]

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