advice for young oil & gas professionals

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  • 8/12/2019 Advice for Young Oil & Gas Professionals

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    12 Recommendations for Being Successful in the Oil & Gas Industry

    Dr. Eric van Oort

    1. Avoid Boring People

    o Boring other people, that is

    o Write well

    o Speak well in public

    i. 5 Bs: Be brief, brother, be brief

    o Be engaging while maintaining credibility

    2. Work withand for- Good People

    o Mentor and develop you

    o Bad people exploit you for their own purposes and use you to progress their own

    careero Manage your manager

    i. Give feedback

    ii. Tell them what you need

    o Working with bad people: get out and make change fast!

    o Become a good judge of character

    3. Invest in yourself nowthe money will come later

    o Experience and diversity in your skill set is invaluable

    o Become an expert

    o Be passionatepeople will seek you out

    4. Always keep an open mindyou will be wrong sometimeso It s good to have an opinion unpinned by facts, but

    o Admit that you might be wrong sometimes

    o You do not necessarily have to show great humility, but it is generally bad to:

    i. Double-down on a wrong or obsolete point of view

    ii. Believe in your own infallibility

    iii. Believe in the hype around your persona as an expert

    iv. Take yourself too seriously

    v. Not understand why people may treat you nicely because you work for a

    (major) operator

    o When you fail, fail fast and get over it

    5. Make lots of contacts and friendso Remarkably small industry

    o Who you know

    o Who you can collaborate with

    6. Follow your own course & be nothing if not critical

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    o People will tell you often why things cannot be done and why your ideas will fail

    if you follow their advice, you are guaranteed to become as unsuccessful as they

    have been

    o Follow your own instincts, chart your own course

    7. Your reputation is EVERYTHING! Integrity is rewarded!

    o Build an iron-clad reputation by:i. Doing excellent work that is recognized and rewarded

    ii. Under-promise and over-deliveralways

    iii. Build an active network of contacts, bring resources together for a

    common goal

    iv. Volunteer for industry functions and invest some quality time in delivering

    for them

    v. Be fair, balanced and objective

    vi. Publish, speak at conferences, work with legislators / regulators, etc.etc.

    8. Dont fight change (It is inevitable) be a champion for it!

    o Companies reorganize often (3-7 years)

    o People who can handle / manage change are the ones to thrive in todays

    companies

    o Become a champion for change, new technology and improvement

    o Reinvent yourself every few yearsdo not become a one trick pony

    9. Dont work just for the money (it is a terrible way to waste a life & brain)

    o Money is important, but.people generally do not work for money

    o Money is generally a very poor motivator; it is not what gets you out of bed in the

    morning

    o Find something that you are passionate about, become an expert, and people

    will beat a path to your door (with money to match)

    10. See the worldwork in very different places (it will broaden your horizons)o Living abroad Is very different from just visiting abroad, it provides new & unique

    perspectives

    o Being an expat gives you an appreciation for cultural diversity

    11. Be a good listener & go out on a limb sometimes

    o Dale Carnegie: people like the sound of their own voice true, but sometimes it

    pays to just listen

    o Listen to people you would normally not have time foryou will be amazed!

    o The true measure of a man is how he treats / listens to people who can do him

    absolutely no good

    12. Think big, work on big ideas and projects

    o It takes the same amount of energy to think big as it does to think small - so

    think big!Tad Patzek, PGE Chair

    o Positive change revolves around big ideas, and big initiatives to match them

    o Working on big ideas provides a powerful motivator to make a meaningful impact

    o What are you going to do with your life, how are you going to make it

    meaningful?

    13. So what are you going to do?

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    o To make this industry safer?

    o To make this industry more environmentally friendly?

    o To make this industry more efficient?

    o To develop this industrys technology further?

    o To solve this industrys PR problem?

    o To attract and develop the next generation to work in this industry?