EVOL: Supermajor slump, apprentice appreciation, and Porenco's Poseidon

This week Ryan Duff, Erikka Askeland and Michael Behr discuss jobs jobs jobs! How are firms trimming the fat, where are they getting new talent and is there enough people in the industry to deliver net zero?

Erikka kicks off proceedings by talking through BP's change in direction. The supermajor announced a new strategy in its Q4 results following a dip in profits and the announcement that it would be cutting 7,700 jobs globally. BP has not been alone in its redundancy drive as Ithaca Energy also announced "inevitable" cuts this week. 

Next up, Ryan discusses National Apprentice Week as the industry announces a wave of initiatives to bring young people into the industry. Additionally, ECITB and ORE Catapult launched a scheme to promote cross-sector working in oil and gas and wind. The government is also claiming to back "good jobs" as it unveiled a plan to give wind developers additional funds if they commit to UK manufacturing.

Finally, Michael has been looking at CCS, namely Perenco kicking off injection at its Poseidon project. The French firm has claimed a UK record as it was the first to perform a CO2 injection as it tested how the greenhouse gas would behave in its reservoir. CCS is also set to play a big role in creating jobs and offers an opportunity for oil and gas workers to continue doing very similar work, however, the sector is seeing pushback from sceptics.