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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
