Nurliza Ibrahim

Marketing and PR Specialist
Last Updated: July 13, 2018
Human Resources

The year 2018 has witnessed major oil discoveries around the world. Approximately 80 billion barrels of oil has been discovered off Bahrain western coast. Egypt has announced hydrocarbon discovery capable of producing 2,300 crude oil barrels every day. Similarly, oil and gas deposits have been discovered in the east coast of India and offshore Guyana. Hydrocarbon deposits continue to be mined in different corners of the world. With new discoveries come new requirements for professionals in the evolving oil and gas and energy sector.

The industry despite being a huge provider of jobs to professionals around the world continues to face skill shortage, critically in operations. Core technical job profiles like reservoir engineers, drilling engineers, and safety specialists are not going to disappear, but with increasing automation and a greater thrust on smart systems in the sector, there is a growing demand for software engineers.

Automation is not the only reason to drive the huge opportunity for talented software engineers in the industry. Some of the other factors are:

Gigantic scale of the industry:

Explorations, production, transportation, employee management, safety, and quality have to be monitored and maintained in peak condition without any break. Coupled with challenges such as volatility of underground land depths and high seas, the industry is turning towards computer technology to provide practical and cost-effective solutions. With the adoption of computer systems into all processes, there is a rising need for talented and dedicated software engineers and professionals who can run operations with efficiency and creativity and keep on top of the challenges in the industry.

New competition:

With each passing year, competition becomes more intense as new companies join the oil and gas and energy sector. At stake are investments worth billions of dollars. Computer technology brings efficiency and accountability to operations. Latest technologies like cloud, robotics, haptic feedback, Scada, simulation, and data management are being speedily integrated to increase productivity and maintain an edge over the competition.

Boosting efficiency:

Software experts analyse oil and gas reserves, the performance of the drilling and pumping operations, alignment between machines, status reports about ebbs and flows. All data is processed and analysed to ensure that operations are carried out in a consistently cost-efficient manner. Qualified and dedicated software experts are given the responsibility to run existing operations and also provide leading-edge innovation to further increase the efficiency and capabilities of the industry.

Need for safety:

The safety of personnel and equipment is non-compromising for the industry. Volatile factors like temperature, pressure, the health of machinery, and leakages are monitored by various sensors, safety devices, warning systems and rescue systems that are run and maintained through a network of computers. The ability to monitor and interpret data and keep on top of the information can help to reduce the potential danger.

Need for upskilling:

For a successful career in the oil and gas and energy industry, apart from the core skill, soft skills such as communication and leadership are also essential. People from diverse backgrounds usually make up the working teams in this industry and cultural differences can arise in a multi-national, multi-ethnic workforce. Employees who exhibit soft skills of leadership and communication to handle the demand of leading such teams are greatly valued by employers. Needless to say, engineers who are ready to explore new ways to improve upon their communication and leadership skills climb the ladder faster and are much sought in the industry.

With the combined efforts of industry veterans, leaders and management experts, NrgEdge has developed a leadership course to help professionals acquire top-notch capabilities in management and leadership in the energy sector:

Leadership and Management Skills E-Learning Suite for Upcoming Managers

Finding the right job for your software skills:

To find the right job, you need the right platform to showcase your skills to a large pool of oil and gas and energy employers. NrgEdge is a platform for professionals in the energy industry and provides you with the latest developments and job and networking opportunities in oil and gas and energy industry. It is a job search portal, training and certification platform and a common meeting ground for energy professionals. Sign up and find suitable jobs that meet your requirements and qualifications. Interact with experienced industry professionals to further your skills and career in the industry.

Oil & Gas latest jobs in oil gas career opportunities Malaysia Singapore energy industry
0 0

Something interesting to share?
Join NrgEdge and create your own NrgBuzz today

Latest NrgBuzz

Forecasting Bangladesh Tyre Market | Zulker Naeen

Tyre market in Bangladesh is forecasted to grow at over 9% until 2020 on the back of growth in automobile sales, advancements in public infrastructure, and development-seeking government policies.

The government has emphasized on the road infrastructure of the country, which has been instrumental in driving vehicle sales in the country.

The tyre market reached Tk 4,750 crore last year, up from about Tk 4,000 crore in 2017, according to market insiders.

The commercial vehicle tyre segment dominates this industry with around 80% of the market share. At least 1.5 lakh pieces of tyres in the segment were sold in 2018.

In the commercial vehicle tyre segment, the MRF's market share is 30%. Apollo controls 5% of the segment, Birla 10%, CEAT 3%, and Hankook 1%. The rest 51% is controlled by non-branded Chinese tyres.

However, Bangladesh mostly lacks in tyre manufacturing setups, which leads to tyre imports from other countries as the only feasible option to meet the demand. The company largely imports tyre from China, India, Indonesia, Thailand and Japan.

Automobile and tyre sales in Bangladesh are expected to grow with the rising in purchasing power of people as well as growing investments and joint ventures of foreign market players. The country might become the exporting destination for global tyre manufacturers.

Several global tyre giants have also expressed interest in making significant investments by setting up their manufacturing units in the country.

This reflects an opportunity for local companies to set up an indigenous manufacturing base in Bangladesh and also enables foreign players to set up their localized production facilities to capture a significant market.

It can be said that, the rise in automobile sales, improvement in public infrastructure, and growth in purchasing power to drive the tyre market over the next five years.

January, 18 2019
Your Weekly Update: 14 - 18 January 2019

Market Watch

Headline crude prices for the week beginning 14 January 2019 – Brent: US$61/b; WTI: US$51/b

  • After a rally, crude oil prices took a breather at the start of this week, as the market moved from a bullish mood to a cautious one as slowing Chinese trade data spooked the market
  • The US government shutdown – now the longest ever in history – continues with no end in sight, with Republicans and President Donald Trump at a stalemate with energised Democrats
  • That ended a week-long rally that allowed crude oil to bounce back from sub-US$50/b levels in December over OPEC+’s implementation of a new deal to shrink supplies and Saudi Arabia’s promise to ‘do more if needed’
  • Even Russia, which showed some reluctance in implementing a speedy cut, has made strides in reducing output, releasing data that showed that production fell by 30,000 b/d in December and is on track for a decrease of 50,000 b/d in January relative to October levels
  • However, the OPEC+ group is now reportedly struggling to set a date for their next meeting, where the supply deal will be reviewed; the review is set for April, ahead of OPEC’s usual Vienna meeting in June/July, but an April review is necessary to assess the expiration of American waivers on Iranian crude
  • Some downside to price trends is that the waivers on Iranian crude exports have nullified the impact of American sanctions; both Turkey and India have recently resumed imports of Iranian crude after a brief hiatus, with India electing to pay for all its crude in rupees
  • Although WTI prices have improved, American drillers are still reticent to add sites, wary of changing market conditions; Baker Hughes indicates that the active American drill count was flat last week, with the loss of 4 oil rigs offset by a gain of 4 gas ones
  • Crude price outlook: Upward momentum should continue with crude price this week, but at a more gradual pace, as fears of a slowing global economy weigh on the market. Brent should stay in the US$61-63/b range and WTI in the US$52-54/b range

Headlines of the week


  • BP is proceeding with a major US$1.3 billion expansion of the Atlantis Phase 3 in the Gulf of Mexico, aimed at adding 38,000 b/d of additional output
  • Venezuela has announced plans to remap its Caribbean oil and gas prospects, a move that potentially puts it on collision course with ExxonMobil over the country’s long-disputed borders with the now oil-rich Guyana
  • New seismic studies at BP have identified a billion more barrels of oil in place at the deepwater Thunder Horse platform in the Gulf of Mexico
  • Saudi Arabia has published an updated figure of its oil reserves – its first in 40 years – pegging total volumes at 268.5 billion barrels
  • Norway has cut its crude production forecast, predicting the output will be 1.42 mmb/d in 2019, the lowest level since 1988
  • BP is reportedly looking to sell its 28% stake in the North Sea Shearwater assets to offset its recent US$10.6 billion acquisition of US shale fields
  • The Unity fields in South Sudan have resumed production, after being halted for five years over a civil war, with initial production targeted at 20,000 b/d
  • Eni and Thailand’s PTTEP have secured exploration rights to an oil and gas concession in Abu Dhabi, with Adnoc participating at 60% if oil is struck
  • TransCanada Corp – ahead of name change to TC Energy – is planning to start construction on the controversial Keystone XL oil pipeline in June, even in the face of continued social and legal setbacks
  • Spirit Energy’s Oda field in the Norwegian North Sea has received permission from the Norwegian Petroleum Directorate to start up
  • Aker Energy has completed successful appraisal of the offshore Pecan field in Ghana, estimating some 450-550 mmboe of resources in place
  • Shell and BP have submitted plans to begin exploratory drilling in Brazil’s Pau Brasil and Saturno pre-salt areas in early 2020


  • Saudi Arabia has reiterated plans to build a US$10 billion oil refinery in Pakistan’s deepwater port of Gwadar, part of the larger China-Pakistan Economic Corridor plan that is part of the Belt and Road initiative
  • Shell Chemicals has started up its fourth alpha olefins unit at in Geismar, Louisiana, adding 425,000 tpa of capacity to a new total of 1.3 mtpa
  • After being idled over the paralysis between PDVSA and ConocoPhillips, the 335,000 b/d Isla refinery in Curacao has restarted, with operations likely to shift from PDVSA to Saudi Aramco’s Motiva US refining subsidiary

Natural Gas/LNG

  • After seemingly receiving official go-ahead from all levels of government and even indigenous groups, Shell’s US$31 billion Kitimat LNG project in Canada has now been blockaded by a group of protesting First Nation holdouts
  • Completion of major LNG projects in Australia’s west coast have allowed its LNG exports to increase by 23% in 2018, with greater growth expected in 2019
  • The NordStream 2, long championed by German Chancellor Angela Merkel, now faces new opposition in Germany over Russian global political interference – which could result in the controversial pipeline being delayed or cancelled
  • Shell has completed its acquisition of a 26% stake in the Hazira LNG and port venture in India from Total, bringing its equity interest to full ownership
  • BP has announced plans to drill six new exploration wells in Azerbaijan by 2020, hoping to strike a new natural gas play to rival its giant Shah Deniz field
January, 18 2019
Latest issue of GEO ExPro magazine covers geoscience and oil and gas activity focusing on Frontier Exploration and the Gulf of Mexico

GEO ExPro Vol. 15, No. 6 was published on 10th December 2018 bringing light to the latest science and technology activity in the global geoscience community within the oil, gas and energy sector.

This issue focusses on frontier exploration, downhole acquisition tools and how we can collaboratively increase the efficiency of the exploration and production of oil, gas and energy resources. With a geographical focus on the Gulf of Mexico, this issue provides a lesson on the carbonate geology of the Florida Keys and details coverage of newly improved tectonic restorations of the US and Mexican conjugate margins which have enabled enhanced mega-regional hydrocarbon play and reservoir fairway maps of the region.

You can download the PDF of GEO ExPro magazine for FREE and sign up to GEO ExPro’s weekly updates and online exclusives to receive the latest articles direct to your inbox.

To access the latest issue, please visit:

January, 17 2019