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Oil market reheats and 400 jobs are expected to be created

28 October 2019 to 08: 39
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Oil market reheats and 400 jobs are expected to be created

After 6 long stagnant years, the oil industry in Brazil will resume with full force and foresees the creation of 400 thousand jobs.

The week begins with great news for professionals in the oil area, the sector expects the creation of 400 new jobs over the next two years and predicts that by the middle of the next decade, when the large platforms of the last auctions there will be risks of a bottleneck in hiring labor, given the flight of professionals during the crisis. Speaking of which, Engevale wins another contract at a Petrobras refinery, be aware that the company will hire at any time!

After 6 long stagnant years, the oil industry in Brazil will resume with full force, the good news is due to the activities to support exploration and the demand generated by the last auctions.

According to specialists, there is a signal in oil business, which interests local companies and global companies, in addition to mobilizing states and municipalities that demand royalties.

The recovery of the sector happens at the moment when an oil spill affects thousands of kilometers of the Brazilian coast. Prevention and remediation measures should be taken due to the accelerated development of the pre-salt layer, as the activity tends to be intense in the coming years, which will demand increased attention from the authorities.

The sector is reheating and until this month of September, the result of employment in oil exploration activities in the country is positive in 306 vacancies. According to data from Caged (General Register of Employed and Unemployed).

The turnaround in employment in the sector reflects the entry into operation of new Petrobras platforms and the resumption of auctions for exploratory areas in recent years.

With the progress, this year 2019 will be the first year since 2012 with an increase in jobs in the sector, since in the meantime there has been a decrease in vacancies in the sector due to the crisis at Petrobras and the suspension of auctions.

Even with the recovery of the sector, the oil exploration industry is not labor intensive enough to impact the high unemployment rates in the country, but it has the potential to generate jobs in other industries that supply machinery and equipment.

Data IBGE point out that the oil industry pays salaries seven times higher than the national average — in 2017, the average income in the sector was 21,3 times the minimum wage.

A study carried out by the IBP in partnership with the consultancy EY sees the potential for the generation of up to 400 direct and indirect jobs in the sector by 2022. The projection does not consider the mega auction for the transfer of rights, scheduled for the next 6th, but with impacts on the market only in the middle of the next decade.

It deals, however, with forecasts of investments in the current stock of areas. According to the ANP, between 2019 and 2022, 12 new platforms will start operating in the country. Each demands services such as drilling wells and transporting people and inputs, for example.

One of them is from Equinor, which this year is starting to install the fourth platform in the Peregrino field, where Pio works. With start-up scheduled for the end of 2020, the unit will expand its production capacity from the current 94 to 110 barrels per day.

With operations also in the pre-salt layer, the company started an internal program to train production platform managers — the company expects to install the next unit between 2023 and 2024, this time in the Santos Basin pre-salt layer.

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