Demographics Report 2014 - page 19

page19
5.1
ComparativeTrendsof theCoreWorkforce
Last year’s
Demographics Report
speculated that the level of core offshore personnel would plateau in
2013 if the previously observed correlation with the oil price held true; however, this has not been the case.
Instead, therewas an increaseof 7.7per cent in thenumber of coreworkers last yearwhile the averageoil price
droppedby2.7per cent ($3),which refutes theapparent correlationpreviouslyobserved.
Figure14: TheNumber of CorePersonnel TravellingOffshore
between2006and2013Versus theOil Price
0
20
40
60
80
100
120
0
5,000
10,000
15,000
20,000
25,000
30,000
2006 2007 2008 2009 2010 2011 2012 2013
Oil Price / $per Barrel
Number of CorePersonnel
CorePersonnel
Oil Price /$
Source: VantagePOB
1
2
3
4
5
6
7
8
Source: VantagePOB
1...,9,10,11,12,13,14,15,16,17,18 20,21,22,23,24,25,26,27,28,29,...34
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