Filling the Energy Talent Gap in Asia

New Delhi, India, February 26, 2009 --(PR.com)-- Global Energy Talent announced today a partnership agreement with Bó Lè Associates to jointly help energy companies source and deploy talent for their projects in Asia. Global Energy Talent provides talent management solutions for the energy industry worldwide. Bó Lè is Asia’s leading executive search firm and the largest in China. With this partnership, energy companies have access to highly effective recruitment solutions for technical and techno-commercial positions throughout Asia including China, Malaysia, India, Vietnam and Indonesia.

The energy industry, particularly the Oil & Gas and the Renewable energy sectors, is expected to grow in Asia despite the global economic slowdown. However, there is a shortage of skilled technical and commercial professionals that work on projects to fulfill this demand. Globally there is expected to be a 40% crunch of technical talent in this industry by 2010. This ‘talent crunch’ is not only limiting future growth and development, but also seriously impacting current operations in the field.

Finding the right person for these jobs can be complicated. Often the best judges of technical talent, such as geosciences or production engineering, are professionals who work in those disciplines. Global Energy Talent uses a network of subject matter experts with more than 700 years of cumulative hands-on experience in the industry to evaluate candidates. As a result, clients are ensured of top quality professionals with a strong technical and cultural fit.

“This partnership brings together two key capabilities- deep industry and domain expertise in energy and an extensive on-the-ground footprint across Asia,” said Yagya Ahuja, CEO of Global Energy Talent. “Companies in the energy industry that are looking to hire,” said Louisa Wong Rousseau, Group Managing Director of Bó Lè, “can be assured of finding the right people for the right job at the right place and time throughout the region.”

About Global Energy Talent: Global Energy Talent manages the human capital development needs of public and private organizations, of professionals, and of institutions in the Energy sectors- Oil & Gas and Renewable- worldwide. Building on its deep industry and domain expertise it works with companies to address complex personnel issues and to source and train technical and management staff. It also advises professionals and students to help them effectively enter the energy sector and develop their skills and careers. The organization also engages academic institutions to build specialist training programs and effectively partner with the energy sector. For more information visit www.globalenergytalent.com.

About Bo Le Associates: With 270+ staff and a network of 17 offices in Asia, Bó Lè Associates is recognized as a leading international executive search firm in the region and the # firm in China. The firm has completed over 7,400 assignments since 1996, servicing more than 660 clients including Fortune 100 companies. It has actively recruited senior executives for the Industrial and Energy sectors, including Oil & Gas, which comprise over 30% of its total completions. The firm has won numerous prestigious awards in recognition of its achievements and commitment, the most recent of which is a citation by BusinessWeek magazine for Group Managing Director Louisa Wong-Rousseau as one of the "50 Most Influential Search Consultants in the World" in 2008. For more information visit www.bo-le.com.

Contacts:
Vikram Singha, V.P. Marketing
Global Energy Talent
+91.124.4729200
www.globalenergytalent.com

Louisa Wong-Rousseau, Group Managing Director
Bó Lè Associates
+852.2913.9393
www.bo-le.com

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