Big Tech Is Coming for the Oil Patch’s Workers, and Winning

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Big Tech Is Coming for the Oil Patch’s Workers, and Winning
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(Bloomberg) -- Jose De Hoyos is recruiting in the oil patch. He got his start meeting workers in Pennsylvania’s Marcellus shale basin. This month, you’ll find him glad-handing in Odessa, Texas.Most Read from BloombergEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EngineHong Kong Poised to Be Slammed by Biggest Typhoon Since 2018Putin Moves to S

But De Hoyos isn’t in the Permian to hire engineers for gas rigs or roughnecks to join drilling crews. Instead, the founder of the cryptocurrency consulting firm LFG Mining is pitching a career pivot to data centers, the unsexy backbone of all things tech. He touts better pay and working conditions and a career with big growth potential.

Developers are racing to build a series of massive projects in Texas to liquefy and export US gas to make up for reduced Russian pipeline flows to Europe in the wake of the Ukraine invasion. These companies need every skilled worker they can get. Executives and analysts warn the increasing competition from tech threatens to drive up project costs and slow construction as the clock is ticking to bring the fuel to the global market.

NextDecade Corp. will need as many as 5,000 workers on site as it starts construction of an $18.4 billion LNG export plant in Brownsville, dubbed Rio Grande LNG. Golden Pass, a joint venture between QatarEnergy and Exxon Mobil Corp., needs as many as 7,700 workers near the Louisiana border before it opens next year. In nearby Port Arthur, Sempra’s project needs as many as 1,500 workers a month over the 4 1/2 years it will take to construct.

Golden Pass declined to comment on the risk of delays or cost overruns at its project, while NextDecade didn’t directly address the question. Sempra said it was seeing a tighter labor market and cost increases, but that it seeks to keep those to a minimum by locking in prices in advance. Specialized roles for major infrastructure projects, like project managers who make sure everything is running smoothly and on time, can be particularly difficult to fill.

Jeff Reid, 34, left a job doing business development for Mesa Natural Gas Solutions, a company supplying natural gas generators to shale operations, in February to join Sunbelt Solomon. His new employer provides electrical equipment such as transformers to data centers and other businesses.

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