Market Overview

CareerBuilder Acquires Oil and Gas Job Search

CareerBuilder, the global leader in human capital solutions, announced today the acquisition of Oil and Gas Job Search (OilandGasJobSearch.com), continuing its expansion of niche online job search platforms. Oil and Gas Job Search, headquartered in Manchester, England, is the oil and gas industry's leading online job site outside North America with job postings worldwide.

Despite global economic turmoil, the oil and gas industry continues to expand payroll and requires an increasing number of high-skill engineers and technicians. In the U.S., oil and gas extraction supports nearly 800,000 jobs and could grow to more than 1 million by 2017, according to Economic Modeling Specialists International. In Canada, oil and gas jobs are projected to grow 31 percent from 2010-2017 (to nearly 70,000 jobs overall), and in the U.K., jobs in natural gas extraction are projected to grow 62 percent over this time frame.

"With the acquisition of Oil and Gas Job Search, CareerBuilder will continue to provide a leading international recruiting and search service, while simultaneously expanding the niche in North American markets through the company's extensive client relationships," said Tony Roy, president of CareerBuilder EMEA. "The oil and gas industries are growing, and a

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Posted-In: News Guidance Contracts Management M&A Global

 

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