Oil Prices Set to Rise

March 3, 2010 | Leave a Comment

A recent report from the Industry Taskforce on Peak Oil and Energy Security states that there is not much chance of finding any significant quantity of new cheap oil. Any new or unconventional oil is going to be expensive.

Basically this report clearly states that in as little as five years, despite the economic downturn, we will have reached Peak Oil Output. That means, despite ever-improving technology and the large oil reserves recently discovered, the total output of oil will drop worldwide.

Alternative oil sources (Coal / Sands / Deep Water and so on) will become increasingly expensive to extract, forcing oil prices even higher.

The one dominant conclusion from these findings is that our ever-growing energy requirements will need to be satisfied by other sources. From renewable energy, through to nuclear and gas, we are going to see a rapid growth in investment in all non-oil sectors and a steady and inevitable increase in the price of energy. As energy prices increase, and our global energy consumption fails to reduce, future investment will drive both technology and production processes, so there will be a growing need for engineers from all energy sectors and across a variety of engineering disciplines.

TRS Staffing Solutions work very closely with a number of companies active in a wide range of energy sectors, including those previously mentioned. To see a selection of TRS Staffing Solutions current job vacancies, click here.

For more information about TRS’ engineering recruitment service in the UK, email: info-uk@trsstaffing.com

Author: John Rowlands, TRS

Irish Engineering Recruitment back on track

March 3, 2010 | Leave a Comment

The ambitious DART underground rail line in Dublin moved closer to reality this week as Irish Rail issued a formal notice asking for submissions from firms interested in designing, building, and eventually operating the new €2.5bn rail system. The Dart Underground rail line will be the single most important piece of infrastructure in Ireland and is a central part of the Government’s Transport 21 ten year transport investment plan. We also understand that a planning application will be logged next month for the proposed public-private partnership project.

With work scheduled to begin in 2011, and completion due in 2016, it is estimated that more than 7,000 construction jobs will be created by DART. There are also many new ancillary jobs anticipated in related areas including supply, utilities, operations, specialist engineering and logistics.

The new twin underground tunnels will send DART trains from Docklands to Inchicore, and will have a total length of 7.6km. The current DART north-south coastal route would be split in two in the city centre, and the new system aims to link all the rail systems – DART, Commuter, Intercity, Luas and Metro – together to form an integrated and coordinated network.

DART will be the final phase in completing the planned increase in the Greater Dublin area’s rail service capacity, from the current level of 33 million passenger each year to 100 million passenger journeys.

TRS Staffing understand that two of the front-runners for the construction element of the project have strong Spanish links, and as TRS Staffing operates offices in London, Dublin, and Spain, we are perfectly positioned to work with the DART management in sourcing the skilled engineers and technicians needed for the design and construction phases of the project.

This project is funded by the Irish Government under the Transport 21 investment programme, and it is also part-funded by the European Commission. Elements of this project will be undertaken as a Public Private Partnership (PPP).

For more information about TRS’ engineering recruitment service in Ireland, email: info-ie@trsstaffing.com

Author: Natasha Dowd, TRS Ireland