british contractors

Oil and Gas Recruitment Confidence Reaches a Record High

Posted 10th January 2019 in News For Businesses

Business confidence amongst oil and gas contractors is reaching an all-time high since 2013, according to a new survey.

 

Aberdeen and Grampian Chamber of Commerce (AGCC) reported that a fifth of businesses had increased their UK-based workforce by over 10% in the past year, with a third predicting the trend to continue in 2019.

 

The survey, conducted by the Fraser of Allander Institute, included 115 companies.

 

With half of the businesses surveyed anticipating that Brexit would have little to no effect on their future, while 45% predicted a negative impact, the survey showed a clear divide in opinion over Brexit.

 

Russell Borthwick, AGCC’s chief executive, commented, “The recovery of the oil and gas sector has been slow and steady since the low points of 2015 and 16, however a level of uncertainty does remain.

 

“We are all watching and trying to understand the implications of political declarations relating to the UK’s divorce from the EU.”

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