Global oil workers raking in pay

Industry pay: Workers enjoying favourable rates

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News Wires

 30 August 2012 13:41 GMT

Oil workers are enjoying strong growth in pay thanks, in particular, to a shortage of engineers, a trend that shows no sign of easing.

Data released by oilcareers.com this week also found Europe lagging other regions when it comes to the training crucial to maintaining a future supply of skilled workers, Reuters reported.

Executives at the Offshore Northern Seas conference said finding the right talent to keep the industry healthy was becoming a huge headache, especially in North America where the shale gas boom has taken off, the news wire said.

"There are not enough people in the US to fuel this beast," said Robert Potter, vice president of FMC Technologies, a manufacturer of drilling equipment.

"Being able…

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