What is the Future Demand for Petroleum Engineers?
Toward the end of an introduction on BP's yearly energy outlook a year ago, a petroleum engineering student from Greece asked, "Is a job as a petroleum engineer a smart thought for the next decade?" Is petroleum engineering demand increasing? At that point, BP CEO Bob Dudley reacted by saying, "work or training as an engineer of any sort is so significant. There will be an immense requirement for that as should be obvious from Spencer's outlook." He was alluding to the presentation made by Spencer Dale, group chief economist for BP, whose outlook indicated oil demand likely developing until 2030, and staying around 100 million B/D through 2050 while natural gas demand keeps on rising. In any case, what a number of oilfield engineers will be working in the decades ahead? A short JPT online story about that question hit a nerve with readers. It was one of the most-read stories online over the previous year, with 21,000 views. The most downloaded SPE p...