The oil & fuel (O&G) business has seen a dip in lively jobs (jobs open for hiring) in 2024, however hiring traits stay comparatively higher when in comparison with pre-COVID ranges.
In 2024, nations with excessive job postings within the business included the US, India, and the UK, whereas nations with excessive year-on-year (YoY) development in job postings included Sweden and United Arab Emirates (UAE).
Nevertheless, there was a noticeable improve in job alternatives from non-US corporations in areas outdoors of the US, in keeping with GlobalData.
Sherla Sriprada, enterprise fundamentals analyst, GlobalData, stated: “It’s noteworthy that despite the fact that the US continues to account for a majority of jobs posted by a number of key gamers, different nations throughout totally different continents are additionally seeing hiring exercise by these corporations.
Curiously, US-headquartered corporations are additionally seen posting good variety of jobs in different nations. The US accounts for a big variety of jobs however corporations additionally appear to be trying to faucet alternatives past the US as nicely.”
Exxon and Chevron additionally noticed a decline in job postings. Many of the job postings by these two corporations have been for the US. In the meantime, in addition they posted a big variety of jobs for the Philippines, Argentina, and a number of other India areas.
In 2024, Exxon posted 144 jobs in Bengaluru, India, and Chevron posted 58 jobs, the place they’ve each arrange workplaces.
Exxon is specializing in EM lithium merchandise within the US and lubes operations in Argentina, whereas Chevron is provide and buying and selling bulk operations in Argentina and complying with GHG/methane rules within the US, stated the GlobalData analysis.
ExxonMobil’s LNG affiliate in India helps the upstream enterprise and supplies marketing consultant companies for different ExxonMobil upstream associates and conducts LNG market-development actions.
In November 2024, the corporate posted a “Senior Manufacturing Engineer (Oil & Gasoline)” position for supporting ExxonMobil’s world portfolio of deepwater, standard, unconventional, and heavy oil property. The position additionally seems to be at making use of applied sciences for oilfield manufacturing optimization utilizing data-driven or physics-based strategies.
The “Instrument and Electrical Reliability Engineering (I&E RE)” place in Chevron’s ENGINE Heart (positioned in Bengaluru, India) supplies instrumentation and electrical asset help to Chevron’s operational refineries and liquified pure fuel (LNG) services.
Sriprada added: “Employment pattern evaluation at Exxon and Chevron from GlobalData’s Firm Filings Analytics Database additionally reveals that Exxon’s worldwide worker counts have declined during the last 5 years, whereas Chevron has seen a rise in 2023.
