Integrated oil companies are a great career path for anyone who loves the outdoors, is looking for a stable job, and enjoys working with their hands.
The industry is about more than just oil. It’s about helping people get more power from their vehicles, using natural resources to make other products, and providing jobs that are hard to outsource. The industry also has a very long history of innovation—and it’s not going anywhere anytime soon
What Is An Integrated Oil And Gas Company?
An integrated oil and gas company is a company that is actively involved in all stages of the oil and gas industry. That means it has interests in the exploration, development, production, refining, and marketing of petroleum products. Integrated companies also research new reserves of oil or gas to supply their operations or develop new sources of revenue.
Integrated companies are responsible for the entire process, from finding new oil reserves to selling the final product. They may also provide services like drilling and exploration to other oil and gas companies.
Benefits Of Integrated Oil Companies
If you are considering a career in the oil and gas industry, there is much to consider. The world of integrated oil companies offers many benefits to those who choose it as their field of study.
As an integrated oil company employee, you will receive a salary that can be pretty high. In addition to this monetary reward, you will also receive job stability and security for yourself and your family members.
In addition to financial rewards, employees in this field can look forward to opportunities for career growth within their company and outside options at other firms or organizations with which they may partner on projects directly or indirectly related to their current occupation.
Below, we have highlighted some significant benefits of working in the oil and gas industry;
Job Opportunities
Oil and gas companies are hiring. Job opportunities are available in all industry sectors and regions of the world. Job opportunities are also available for all types of roles, from entry-level to senior positions, and for people with varying levels of experience—from fresh graduates to those with many years under their belt.
High Earnings
In this career, you can expect to get high earnings every year. One significant reason is the increased demand for oil and gas, which drives up prices and, in turn, the profit margins of these companies. And this translates into healthy paychecks because companies need highly skilled workers who can do complex tasks—but they’re often hard to find.
Job Stability and Security
The oil and gas industry is one of the most stable industries in the world. So if you’re looking for a career in security, this one’s hard to beat. The industry is expected to grow by 11% in the next five years.
That means there’s a lot of room for advancement and growth in the oil and gas industry. In addition, the employees currently working in this field are also likely to stay there, which gives you job security.
With so many companies producing their oil and gas reserves on their land or offshore rigs using sophisticated technology like fracking or drilling deep into ocean depths to get at buried treasure beneath layers of sedimentary rock strata which hold more than half our planet’s untapped fossil fuel deposits5; it means there will always be opportunities available here because these resources cannot run out any time soon.
Opportunities For Career Growth
It’s also important to note that there are many opportunities for career growth in the oil and gas industry. This industry might be the right choice for you if you’re looking for a position that could lead to management opportunities. As a relatively new employee, you’ll not likely be promoted immediately after starting a job at an integrated oil company—but if you work hard and prove yourself over time, then the sky’s the limit!
What Are The Educational Qualification For The Oil And Gas Industry
A bachelor’s degree in engineering is the minimum qualification for jobs with oil and gas companies. However, if you want to work with a specialist department or get promoted, you will need a master’s degree.
For example, suppose you want to work as an engineer with drilling operations on an offshore platform. In that case, the job requires at least a bachelor’s degree in petroleum engineering or geology, but it is best if you have a master’s degree.
5 Best Paying Jobs In The Oil And Gas Industry
If you want to work in the oil and gas industry, these are some of the best-paying jobs you could choose. Below is a list of 5 high-earning careers you can find in the oil and gas industry;
Pipeline Construction Manager
Pipeline Construction Manager is a job that focuses on the construction and maintenance of oil pipelines. The average salary for this profession is around $146,000, depending on your experience and education.
Pipeline Construction Managers are responsible for managing the entire construction and maintenance process. This role includes ensuring all necessary permits are acquired, selecting the right crew and equipment to complete specific tasks, and ensuring that safety regulations are followed at all times.
Petroleum Engineer
Oil companies and private companies employ petroleum engineers. Petroleum engineers are responsible for the exploration and extraction of oil and gas, as well as refineries, chemical plants, and other facilities used to process petroleum products.
Refinery construction is one of the more exciting aspects of a petroleum engineer’s job. It’s not uncommon for refinery construction projects to take several years to complete. The result is a structure that can produce hundreds of thousands of gallons per day with very little waste or pollution generated in doing so. Petroleum engineers could go home with an annual salary of $92,000.
Geoscientists/Petroleum Geologists
Geoscientists are a type of scientist that study the Earth, its materials, and processes. Geoscientists can work in various industries, including oil and gas exploration. Petroleum Geologists are geoscientists who specialize in finding oil or gas reservoirs.
A petroleum geologist will work with other scientists to study the Earth’s crust and determine where an oil or gas reservoir may be. Once this has been determined, a drilling rig is brought in to extract the resource from below ground. They make an average annual income of over $86,000.
Chemical Engineer
Chemical engineers design, develop, and test processes that convert raw materials or chemicals into useful or valuable forms. They may specialize in biotechnology or nanotechnology. In addition, chemical engineers are concerned with research for new products and processes.
They earn around $80,000 annually, depending on their experience, education, and location.
Gas Plant Operator
As a gas plant operator, you’ll be maintaining and repairing the operations of oil and gas wells. In this role, you will monitor the flow of gas from the well, control the amount of gas sent to the processing plant, and ensure that your plant operates efficiently.
You will also be responsible for maintaining the safety of your plant and equipment. Gas plant operators earn around $50,000 per year. You’ll also be responsible for identifying problems and fixing them quickly.
Conclusion
The integrated oil and gas industry is a great career path for people with the necessary skills and qualifications. Are you considering this line of work? Understanding what it takes to get hired by an enhanced oil recovery company or another similar organization is essential.
If you’re interested in becoming an integrated oil and gas professional, the first step is to get a bachelor’s degree in engineering or petroleum engineering. Then, you can apply for technical internships at various oil and gas companies to gain valuable on-the-job experience. Once you have this experience under your belt, it will be much easier for you to find employment in the industry.