Is integrated oil companies a good career path? Integrating oil companies may be a perfect choice if you’re looking for a career with stability and plenty of job opportunities. These companies are responsible for oil and gas products’ exploration, production, and distribution. There are many different positions available in these companies; the best part is that they offer excellent salaries and benefits. This article will discuss the pros and cons of working for an integrated oil company. We will also look at how many jobs are available in this industry and provide a list of the best paying jobs!
What is an integrated oil?
Integrated oil is petroleum extracted from the ground and then refined. The term “integrated” refers to the fact that these companies are responsible for all aspects of the oil production process, from exploration and drilling to refining and distribution.
Is integrated oil companies a good career path?
Yes, The oil industry is a great place to start your career. There are many different positions available; the best part is finding a job that suits your skills and interests. The salaries in this industry are also very competitive, and you can expect to receive plenty of benefits if you work for an integrated oil company.
However, there are some downsides to working in the oil industry. For example, the hours can be long and sometimes unpredictable. You may also have to travel to remote locations for work. But if you’re looking for a stable career with good pay and benefits, working for an integrated oil company may be the right career choice!
- Integrated oil companies offer excellent salaries and benefits.
- There are many different positions available in these companies.
- These companies are responsible for oil and gas products’ exploration, production, and distribution.
- The hours can be long and irregular.
- Working in an oil refinery can be dangerous.
- The job may require you to travel to remote locations.
How Many Jobs Are Available in Integrated Oil Companies
According to the Bureau of Labor Statistics, there were over 80,000 jobs available in the petroleum industry in 2016. This number is expected to grow by about 11% by 2026! Petroleum engineers will have the best job prospects, followed by geoscientists and petrophysics.
Best Paying Jobs in Integrated Oil Companies
As we mentioned before, salaries in the oil industry are very competitive. Here is a list of the best paying jobs in integrated oil companies, along with the average salary for each position:
Average Salary – $102,000
The petroleum engineer is the one who oversees all aspects of drilling, production, refining, and gas processing in the petroleum industry. Petroleum engineers are responsible for planning and implementing processes to extract oil from underground reservoirs. They also make sure that the process is efficient and safe. The duties of a petroleum engineer include:
- Designing new methods or tools to enhance or perfect existing ones.
- Designing new equipment.
- Developing new procedures for extracting oil from underground reservoirs.
Average Salary – $98,000
Geoscientists are engineers who use their knowledge and skills in the earth sciences. They are responsible for designing and conducting research activities that involve studying materials, fluids, and structures beneath the surface of the Earth. Geoscientists are also involved in numerous projects where they prepare geological maps, perform geological surveys, analyze geophysical data and make recommendations on managing oil resources. Geologists can work in various industries such as oil exploration, production, petroleum refining, or environmental protection.
Average Salary – $97,000
Petrophysicist is the role of a person who studies the formation of rocks, minerals, and other materials. They are involved in oil and gas exploration, extraction, and production. The petrophysicist has to be very knowledgeable about geology. They study the properties of rocks like how deep they can go without encountering water, what kind of rock it is, if it contains valuable minerals, etc. After studying these properties, they use their knowledge to determine how much oil or gas can be extracted from them.
Average Salary – $96,000
A drilling engineer is a professional who helps develop, design, and implement the drilling method for oil or gas wells. They study the geological formations and how they interact with each other and the environment. The drilling engineer designs the best possible solution for any particular problem. They also ensure that all safety measures are taken before starting any drilling operation. Drilling engineers are involved in all drilling operations, from planning to completing a well. They must be highly skilled in all fields, including mathematics, physics, chemistry, and engineering.
Average Salary – $95,000
As a Reservoir Engineer, you will be responsible for the operation and maintenance of oilfields in an integrated oil company. You will be required to perform engineering duties such as surveying, mapping, and design. You will also have to oversee the installation of pumps and other equipment needed for the development of an oilfield.
Average Salary – $93,000
A Production Engineer is responsible for equipment design, manufacturing, and maintenance. They collaborate with other engineers, designers, machinists, and technicians to ensure that their products meet quality standards. Production Engineers often have a background in engineering or science. They also need excellent reading comprehension skills to read blueprints and technical manuals.
Average Salary – $92,000
The pipeline engineer is responsible for the oil and gas pipeline design, construction, operation, and maintenance. He works closely with other engineers to ensure that pipelines are constructed properly. The pipeline engineer must have a degree in engineering or a related field and be certified by ASME before being allowed to work on an oil or gas pipeline project.
Average Salary – $89,000
Project managers are responsible for bringing together all the elements of a project to ensure it moves forward. They typically coordinate with various departments and stakeholders to ensure that projects are completed on time and within budget. Project managers must have excellent communication skills, be able to multitask, and be able to manage multiple projects at once. They should also work well under pressure, as they are often required to make decisions quickly.
Business Development Manager
Average Salary – $88,000
Business development managers are responsible for identifying and developing new business opportunities for the company. These managers work to increase the number of revenue sources by identifying new markets and evaluating existing ones. The BDM should also be responsible for developing a strategy to attract new customers and revenue.
Health & Safety Specialist
Average Salary – $87,500
The role of a Health & Safety specialist is to ensure that the company complies with health and safety legislation. They will ensure that risks are minimized, and any potential issues are identified. The position is often a new role for those with experience in the oil industry. This position can be an entry-level role for those who have just started their career in the oil industry.
Average Salary – $85,000
This is one of the most sought-after jobs in Integrated Oil Companies. The job profile includes bookkeeping, accounts, audit, and financial reporting. The candidates should have proficiency in MS Excel and other accounting software programs. They should have good communication skills and be able to work in a team environment.
As you can see, many positions are available in the oil industry, and the salaries are very competitive. If you’re looking for a stable career with good pay and benefits, working for an integrated oil company may be the right choice!
What do you think? Is working for an integrated oil company a good career choice? Let us know in the comments below!
Check out our other blog posts to learn more about careers in the industry!