We have all heard about the importance of oil and gas industry in our economy. Amidst potential disruptions due to the advent of the fourth industrial revolution, this sector faces tremendous challenges and opportunities. In the midst of it all, the introduction of ChatGPT has sparked a debate about the potential effect it may have on oil and gas jobs. Recently, industry representatives from Piper-Morgan Search and HireStrong LLC have weighed in on the topic with their individual views.
Rigzone, an online energy media and oil and gas job website, recently provided its weekly top stories, including one on whether ChatGPT will affect oil and gas jobs. Representatives from 143 oil and gas firms over the world were surveyed on their views on how the Henry Hub natural gas price will end up this year. According to the survey, Harbour Energy announced that they plan to cut around 350 onshore jobs in their UK business unit.
OPEC+ is also making an attempt to train oil traders on how to respond to their decisions, a venture which was discussed in a report by BofA Global Research. Additionally, according to the first quarter 2023 Dallas Fed Energy Survey, 55 percent of the 137 surveyed oil and gas firms are expecting their headcount to remain unchanged from December 2022 to December 2023. Lastly, Bloomberg reported that Turkey is rapidly loading up on diesel from Russia which EU countries can no longer buy.
Piper-Morgan Search is an executive search firm which focuses on mid-senior level recruiting for the energy industry, handling management roles for clients in the mining, oil and gas, Petrochemical and renewables sectors. They specialize in offering executive solutions with close attention to their clients’ specific needs.
HireStrong, LLC is a woman-owned, contract staffing firm focused on providing top-notch outcomes, employee relations and satisfied contracts. Established in 2004, they define themselves as a major solutions provider to energy, petrochemical and process engineering industries. They work with their clients to find and hire the right fit for their organization. HireStrong strives to provide great customer service and is dedicated to maintaining their clients’ satisfaction throughout the process.
These stories about the oil and gas industry highlight the dynamic atmosphere of the sector and the potential implications of ChatGPT in disrupting present oil and gas jobs. With ever-evolving technologies and changing trends, this industry will continue to face new challenges in the future and how it responds might depend on how industry experts can make use of the available information.
