The last two months has seen the price of oil staying steadily in the high $70s
, and though this is a long way still from the $147 peak we experienced in 2008, it is a clear sign of the market stabilising as the world economy improves. Matchtech's Oil & Gas team remains strong with our continued focus on existing relationships with clients in the upstream and downstream markets. We are also working closer together to maintain our supply of complete recruitment solutions. A number of the large EPCs, are looking busier with projects being awarded for the end of 2009 and 2010, leaving the market looking a much more positive place for the New Year. As such we are particularly keen to hear from both Engineers and Designers across all disciplines with FEED and detail design experience in the petrochemical industry. Demand continues for current and upcoming projects, with the major Drilling contractors showing a ramp up of work in the New Year. We are extremely keen to hear from candidates of all disciplines with Offshore Drilling experience. The large shutdowns we were expecting for 2009 were successfully completed and as a result Matchtech has been able to secure some key shutdown work across the major UK refineries on an exclusive basis. Therefore we are still keen to hear from good white collar site contractors with experience in Petrochemical Shutdowns. Both our current and existing clients are showing a keen interest within the Offshore Renewables market as this sector looks to expand off the back of Round Three announcements and the Governments plans to have 20% of UK energy from Renewable projects by 2020. This industry is showing large signs of growth in both the contract and permanent markets so we are especially keen to hear from candidates looking to break into this sector from the Oil & Gas industry.