The global oil and gas industry faces severe stagnation, with projects shelved and millions of dollars lost, unless urgent action is taken to solve the growing recruitment crisis, warns 3i, Europe's leading private equity and venture capital company. "Governments, educationalists and industry representatives must join forces now to encourage new blood into an ageing workforce or face the consequences", says Graeme Sword, partner and head of oil, gas and power, 3i.  |