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The Oil and Gas Market requires new leadership with strategic vision, the ability to adapt to the energy transition and humanized management, points out Grupo Hub.
The Oil and gas it demands new leaders who have a fine-tuned strategic vision, the ability to adapt to the energy transition and humanized management skills, as revealed by the Hub Group. Companies are already noticing an increase in the search for executives who fit this new profile, boosting competitiveness in the sector.
With activities picking up, the Oil and Gas Industry requires professionals with robust technical skills, but who also have the ability to see future scenarios. A energy transition is radically transforming the demands of the Oil and Gas market, making the continuous preparation of leaders essential. Growing demand is generating unique opportunities for innovative executives, who are able to navigate the complexities of this period of transformation.
Growth of the Oil and Gas market
The Oil and Gas market is experiencing a significant recovery, especially in the state of Rio de Janeiro. According to an annual survey carried out by the Federation of Industries of Rio de Janeiro (Firjan), there was a 33% increase in the number of new wells destined for the oil and gas production process in 2023, with emphasis on the Campos Basin. According to the National Petroleum, Natural Gas and Biofuels Agency (ANP), oil companies based in the country are expected to invest approximately US$2 billion in the exploration of around 40 wells in Brazil in the coming years. Recent tenders for exploratory blocks are providing additional stimulus to the sector, resulting in new employment opportunities and a rise in demand for leaders, as analyzed by Grupo Hub, an HR consultancy that offers recruitment, selection and people development solutions, with a decade of experience in the market and which serves clients such as Teekay, Repsol, CHC and Viridien (formerly CGG).
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Investments and opportunities in the Oil and Gas sector
Exploratory activities are expected to consume 80% to 90% of the amount of US$ 2 billion, with sectors such as Drilling standing out in value chain of the Oil and Gas industry. Executives who lead companies in this vertical are highly sought after in the market. 'Organizations that do not protect themselves will end up losing talent', says Rafael Meneses, regional director of Rio de Janeiro at Grupo Hub and the Top Executive business unit. Gabrielle Botelho, HR director at Viridien, a world leader in Geoscience that serves the main companies in the sector in more than 40 countries, highlights the optimism in the market, which is already reflected in hiring. 'In 2023, we opened technical and leadership vacancies, and by 2024, we hope to double this number, following the growth and new opportunities in the Oil and Gas sector'. Rafael, who joined the Hub Group this month to strengthen the company's operations in Rio de Janeiro, emphasizes that the Oil and Gas market has required a multidisciplinary action of its executives, demanding profiles that, in addition to technical excellence, are capable of offering long-term strategic visions.
Challenges and future of the Oil and Gas industry
Although the new CEO of Petrobras, Magda Chambriard, has stated that her management's priority will be to accelerate oil exploration activities to replenish the state-owned company's reserves over the next few years, the energy transition Progressing towards 'cleaner' energy sources is already a global requirement and should be on the agenda of all executives. 'We are already experiencing a mandatory energy transition to cleaner energy sources, such as solar and wind, and the way we think about energy production and consumption is radically transforming. The question that remains for leaders in this sector is: how to keep your business relevant and competitive in the long term, if the energy matrix Do you experience this transformation? And how can the executive himself remain relevant in this scenario? There is no single answer to this complex question, but it is undeniable that thinking strategically about these movements is already vital', highlights Rafael.
Search for multidisciplinary professionals and adaptation
Anna Paula Lougon, director of New Business Development at Viridien, agrees. She explains that, in addition to technical experience, the company is looking for professionals with market and business knowledge. 'This need has led to an increase in the hiring of project managers, operations directors and other executives with an in-depth understanding of regional dynamics and the Oil and Gas sector.' In addition to fluctuations in exploration due to lengthy licensing processes, there is increasing pressure to reduce carbon emissions. As part of our continuous improvement process, we seek energy efficiency and constant operation. This scenario, in addition to being challenging, brings many opportunities for development and professional growth. Anyone who wants to reach high heights in this career will have to work hard adaptability new technologies and sustainability practices.
Humanized leadership and emotion management
Another major challenge for new leaders in the Oil and Gas sector, according to Rafael, is the necessary humanization in an environment considered extremely technical. 'The activity requires a leader who personalizes approaches with those led and values the differences between them, ensuring not only short-term results, but also preparing them for future leadership positions. A practical example is the great challenge faced by managers on well drilling platforms, which often function as isolated cities on the continents.' For Rafael, these professionals are constantly under pressure for results, carrying out activities that demand a very high level of precision over the course of weeks, without access to natural spaces to balance the stress. 'In the face of all these challenges, the role of leadership becomes even more important than in other businesses that operate under normal temperature and pressure conditions. Managing emotions is crucial', reinforces Rafael.
Source: Joana Negri
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