Monthly Archives: April 2014
Posted on April 29, 2014 by FMI Corporation
The strains on labor capacity in oil and gas construction markets worldwide are becoming increasingly well known. These strains continue to affect projected project costs, and several large capital projects have already been delayed or cancelled (see Shell’s Louisiana GTL plant as an example) as a result of rising costs and questionable long-term profitability projections. As demand continues to increase in the face of the LNG export gold rush, construction firms are faced with unprecedented pressures to retain and grow talent.
This post was posted in Investment Banking and was tagged with Pipeline and Gas Journal, Oil and Gas Construction, Scott Duncan, FMI Capital Advisors, Inc., Skill Shortages in a Booming Market: The Big Oil and Gas Challenge, Oil and Gas Newsletter