When Luke Rickert first started as an engineer at Aker Solutions ASA in Oslo, a Norwegian oil services provider, his team of 24 had people from 15 different countries.
People from the U.S. to India, Brazil, Portugal and dozens of other countries came to fill a shortage of skilled workers in Norway’s booming petroleum industry. They were lured by $20,000 relocation packages, high salaries and the nation’s fabled home and work balance. They helped Norway turn oil into cash that created the world’s largest sovereign wealth fund. Now, with crude prices low and Norway facing the biggest drop in oil investments since 2000, the nation risks being drained of that expertise.
Brazil Energy Insight 
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