Hi, my friend is looking into pursuing a career in the oil and gas field but is a bit sceptical about the competition for a job at the end of the degree. I would appreciate if anyone could give me a bit more info on this as I have heard of people waiting as much as 4 years for a job in this field but on the other hand have heard that these jobs are in demand.Oil and gas engineering competition?
You've heard wrong. The current demand for engineers is very high and there is a shortage. It's very lucrative as well. Not that many people want to go into engineering, because ';it's hard'; and it is easier to party and major in English (but they don't get jobs when they graduate).
Sometimes the industry is cyclical, mostly depending on the price oil. When oil is high, refineries and rigs are being built so more oil can be sold. Engineers are then in high demand.
With China and India's growth, their demand for oil should keep the price steady for several years to come.
Right now, new engineering graduates just out of college make about $57,000-$61,000.
No comments:
Post a Comment