Twenty and thirty years ago most of the petroleum engineers were trained in U.S. and European universities. That is no longer the case. Oil-rich countries are now producing their own engineers; this year about twice as many engineers will come from oil-rich countries as will come from "the West". Only eight years ago the ratio was 1.5 - 1, rather than the 2 - 1 of today.
Many of the jobs in the oil industry are also moving overseas. More than half of Chevron's employees now come from outside the U.S.; ten years ago only a third did.
It's a competitive world out there.
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