Oil and gas firms in UK expect jobs growth Westhill Consulting & Employment

Half of the companies said they were already planning to use their expertise by investing abroad

Companies in the UK oil and gas sector expect to create up to 39,000 jobs over the next two years.

A survey of 100 companies, commissioned by the Bank of Scotland, found expectations of employment growth had increased since last year.

A clear majority (69%) of executives in the companies were optimistic about their growth prospects in 2014/2015.

A total of 38% of those responding said a shortage of skilled workers would be their greatest challenge.
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Scotland should reap the largest share of these new jobs, however other parts of the UK will benefit from expansion plans”

Stuart White Bank of Scotland

International expansion was cited as a priority by 64% of those taking part. Key areas for investment were Africa, North America and the Middle East.
'Expand internationally'