Travelling the world with potentially high salaries along with expertise in cutting-edge technology; if that is how your dream job looks like, then the oil and gas sector has everything you need.
The production and distribution of oil and gas begin with exploration and ends with distribution; job opportunities lie within this long supply chain.
The oil and gas industry is the lifeline of the world and it is one of the most profitable industries to work in. From engineers and geologists to accounting and human resources, employers require a talent pool of graduates with different academic background, interests and skill set. If you think you belong to this industry, then, check out the available options.
Find your perfect fit!
Based on your skill set, interest and qualifications, let us figure out what will suit you best.
Engineers in the oil and gas sector work in various departments of petroleum exploration and extraction. Often, they have expertise in one area. However, they are expected to know the working of the entire process and how their work impacts the entire system. Engineers are expected to use their petrophysics knowledge to accurately perform tasks such as drilling while complying with safety and environmental laws. They work in offshore drilling platforms and oil reserves around the world.
Skills and qualifications:
A sound technical knowledge along with proficiency in science, mathematics, and physics are prerequisites for any engineering job. Along with this, you require an engineering degree in any one academic stream such as Civil, Mechanical or Computer Science based on the job profile. Below is the list of job profiles:
Trainee Engineer: Usually this is an entry-level job meant for freshers. The applicant must have strong mathematical skills along with the required degree and clarity in scientific principles.
Chemical Process Operator: The applicant must be adept at performing specific tests and measurements to ensure the smooth functioning of the equipment.
Project Coordinator: This job role requires you to manage a team of technical workers. Hence, you would require mechanical or electrical engineering skills along with managerial and project management skills.
Other job roles related to engineering that require specific skills:
If you have flair for industrial drawing, then you can easily fit into the oil and gas sector. Here you will be responsible for designing products, equipment, or operating system. This discipline works closely with the engineering department for executing the project as per the requirement. You will also be responsible for new idea generation or improvement of existing products, processes and equipment based on your area of expertise.
Skills and qualifications:
It requires advanced technical skills, attention to detail along with creativity. In most design jobs, a diploma in Civil Construction Design or a Bachelor of Industrial Design is preferred. Additionally, knowledge of designing tools like CAD is expected. Some of the profiles that you can apply to are:
It is an important profile that deals with drilling requirements, management and execution. Drillers analyze the signals from oil wells to locate the site with high-pressure gas and fluids. They also monitor the level of gas coming out of the drilling site and the amount of mud going in. So, if this is your area of interest, you can be a part of a drilling crew, or you can manage, monitor or run a rig.
Skills and qualifications:
It requires a high level of expertise and logical thinking to perform the job with accuracy. Analytical skills are essential for managing complex processes. Along with this, adhering to safety measures is a must. Usually, to work in this profile, you require a general diploma or a bachelor’s degree but with additional expertise in drilling. However, some profiles look for a specific degree or diploma in Drilling Oil and Gas Onshore or a Bachelor of Petroleum Engineering. Once you have the required skill set and qualifications, you can apply for the following positions:
SPECIFIC TRADES JOBS
Oil and Gas trades jobs are required at every stage of the oil and gas field development and production. The job comprises a specific skill set and requires you to have training or apprenticeship.
Skills and qualifications:
This job role usually does not require any engineering degree; however, it requires an apprenticeship, special license or training to perform the work. Along with this it also requires attention to detail, teamwork and manual deftness. Some of the job roles that fall under specific trades job include:
Management is crucial for any sector and oil and gas is no exception. The sector offers numerous job opportunities at different levels. For instance, you can take up a role of supervising, scheduling, project management, safety management, or quality inspection and management. Additionally, you can also be responsible for production management, or hiring and managing new staff; The scope is immense.
Skills and qualifications:
The skill and qualification depend upon the area one manages. However, there are few qualities that are expected from all the managerial staff which include leadership capability, interpersonal skills, decision-making, planning and strategizing, and advanced knowledge of the area of the management. Some profiles require you to have a specific degree, for example, MBA in HR (Human Resources) for hiring and recruiting staff; MBA in Oil and Gas Management or Petroleum management for core management profile. However, there are other profiles that demand technical skills in addition to managerial qualities. Thus, it requires degrees like Master of Engineering in Oil and Gas or Bachelor of Engineering. Based on your interest, you can aim for one of the following profiles in the Oil and Gas sector:
In addition to the basic skill requirements, it is important that you also keep upskilling to keep pace with the changing technologies, industry changes and process enhancements.
NrgEDGE can help you network, find jobs and upgrade your skills to get the job you are looking at. Visit us at https://www.nrgedge.net/home.
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In the last week, global crude oil price benchmarks have leapt up by some US$5/b. Brent is now in the US$66/b range, while WTI maintains its preferred US$10/b discount at US$56/b. On the surface, it would seem that the new OPEC+ supply deal – scheduled to last until April – is working. But the drivers pushing on the current rally are a bit more complicated.
Pledges by OPEC members are the main force behind the rise. After displaying some reticence over the timeline of cuts, Russia has now promised to ‘speed up cuts’ to its oil production in line with other key members of OPEC. Saudi Arabia, along with main allies the UAE and Kuwait, have been at the forefront of this – having made deeper-than-promised cuts in January with plans to go a bit further in February. After looking a bit shaky – a joint Saudi Arabia-Russia meeting was called off at the recent World Economic Forum in Davos in January – the bromance of world’s two oil superpowers looks to have resumed. And with it, confidence in the OPEC+ club’s abilities.
Russia and Saudi Arabia both making new pledges on supply cuts comes despite supply issues elsewhere in OPEC, which could have provided some cushion for smaller cuts. Iranian production remains constrained by new American sanctions; targeted waivers have provided some relief – and indeed Iranian crude exports have grown slightly over January and February – but the waivers expire in May and there is uncertainty over their extension. Meanwhile, the implosion in Venezuela continues, with the USA slapping new sanctions on the Venezuelan crude complex in hopes of spurring regime change. The situation in Libya – with the Sharara field swinging between closure and operation due to ongoing militant action – is dicey. And in Saudi Arabia, a damaged power repair cable has curbed output at the giant 1.2 mmb/d Safaniuyah field.
So the supply situation is supportive of a rally, from both planned and unplanned actions. But crude prices are also reacting to developments in the wider geopolitical world. The USA and China are still locked in an impasse over trade, with a March 1 deadline looming, after which doubled US tariffs on US$200 billion worth of Chinese imports would kick in. Continued escalation in the trade war could lead to a global recession, or at least a severe slowdown. But the market is taking relief that an agreement could be made. First, US President Donald Trump alluded to the possibility of pushing the deadline by 2 months to allow for more talks. And now, chatter suggests that despite reservations, American and Chinese negotiators are now ‘approaching a consensus’. The threat of the R-word – recession – could be avoided and this is pumping some confidence back in the market. But there are more risks on the horizon. The UK is set to exit the European Union at the end of March, and there is still no deal in sight. A measured Brexit would be messy, but a no-deal Brexit would be chaotic – and that chaos would have a knock-on effect on global economies and markets.
But for now, the market assumes that there must be progress in US-China trade talks and the UK must fall in line with an orderly Brexit. If that holds – and if OPEC’s supply commitments stand – the rally in crude prices will continue. And it must. Because the alternative is frightening for all.
Factors driving the current crude rally:
Already, lubricant players have established their footholds here in Bangladesh, with international brands.
However, the situation is being tough as too many brands entered in this market. So, it is clear, the lubricants brands are struggling to sustain their market shares.
For this reason, we recommend an impression of “Lubricants shelf” to evaluate your brand visibility, which can a key indicator of the market shares of the existing brands.
Every retailer shop has different display shelves and the sellers place different product cans for the end-users. By nature, the sellers have the sole control of those shelves for the preferred product cans.The idea of “Lubricants shelf” may give the marketer an impression, how to penetrate in this competitive market.
The well-known lubricants brands automatically seized the product shelves because of the user demand. But for the struggling brands, this idea can be a key identifier of the business strategy to take over other brands.
The key objective of this impression of “Lubricants shelf” is to create an overview of your brand positioning in this competitive market.
A discussion on Lubricants Shelves; from the evaluation perspective, a discussion ground has been created to solely represent this trade, as well as its other stakeholders.Why “Lubricants shelf” is key to monitor engine oil market?
The lubricants shelves of the overall market have already placed more than 100 brands altogether and the number of brands is increasing day by day.
And the situation is being worsened while so many by name products are taking the different shelves of different clusters. This market has become more overstated in terms of brand names and local products.
You may argue with us; lubricants shelves have no more space to place your new brands. You might get surprised by hearing such a statement. For your information, it’s not a surprising one.
Regularly, lubricants retailers have to welcome the representatives of newly entered brands.
And, business Insiders has depicted this lubricants market as a silent trade with a lot of floating traders.
On an assumption, the annual domestic demand for lubricants oils is around 100 million litres, whereas base oil demand around 140 million litres.
However, the lack of market monitoring and the least reporting makes the lubricants trade unnoticeable to the public.
Headline crude prices for the week beginning 11 February 2019 – Brent: US$61/b; WTI: US$52/b
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