Aramco tries new shale strategy

29 March 2015

Oil major looking to increase operational capabilities in sector

  • Aramco looking to hire US shale gas workers
  • However, there remains a reluctance to work overseas for many US employees

Saudi Aramco is looking to lure shale gas workers from the US, and is advertising online in a bid to increase its operational capabilities in the sector.

Aramco has a long history of recruiting US oil workers and will usually offer incentives such as higher salaries and benefits to anyone prepared to endure the more challenging conditions, both geographical and cultural.  

However, the US shale industry has cut its workforce by as much as 75,000 people since oil prices started to fall in June 2014. This could bolster Aramco’s attempt to lure some of them to the kingdom.

Reports in the US have stated that despite the abundance of unemployed shale workers, there remains a reluctance to work overseas for many people.

Much of the US’ unconventional hydrocarbons success has been built on the back of small teams that can work efficiently and ramp up production quickly. How effective this would be in a large organisation such as Aramco is not known.

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