On today’s Anniversary of the 2010 Deepwater Horizon disaster, NPR has an interesting story looking at a staffing problem facing the offshore oil and gas industry known as “the Great Crew Change”. As offshore oil workers begin to age and technology increasingly develops, is the offshore oil and gas industry is facing a skills gap that could leave the industry with a lack of qualified workers?
And just as demand for more experienced workers is rising, their numbers are declining. A survey by Schlumberger Business Consulting finds that 22,000 experienced geoscientists and engineers will leave the field by 2015.
“When the Deepwater Horizon exploded, no one in the BP engineering team had been on the job for more than six months.”
– John Konrad, author, ‘Fire on the Horizon: The Untold Story of the Gulf Oil Disaster’ (not to mention editor of gCaptain)
Transocean and Valaris have agreed to merge in an all-stock deal valued at about $5.8 billion, creating a $17 billion offshore drilling giant with a 73-rig fleet and an industry-leading $10 billion backlog.
The Bureau of Ocean Energy Management (BOEM) plans to auction roughly 80.4 million acres of federal waters in the Gulf of America next month, advancing the Trump administration’s accelerated offshore oil and...
Beacon Offshore Energy LLC, an oil explorer backed by Blackstone Inc., is betting on a drilling renaissance in the Gulf of Mexico as it starts up some of the most productive wells in the US using new technology to pump once-impossible-to-reach crude.
November 24, 2025
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