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The oil and gas (O&G) industry has seen a decline in active jobs (open to hire) in 2024, but hiring trends remain relatively better compared to pre-Covid levels.
In 2024, countries with high job openings in the industry included the US, India, and the United Kingdom, while countries with high year-on-year (year-over-year) growth in job openings included Sweden and the United Arab Emirates United (UAE).
However, there has been a notable increase in employment opportunities from non-U.S. companies in locations outside the U.S., according to GlobalData.
Sherla Sriprada, Business Fundamentals Analyst at GlobalData, said: “It is noteworthy that while the US continues to account for the majority of jobs posted by several key players, other countries on different continents are also seeing hiring activity these companies.
Interestingly, US-based companies are also seen posting a good number of jobs in other nations. The US accounts for a significant number of jobs, but companies also appear to be looking beyond the US for opportunities.
Exxon and Chevron also saw job postings decline. Most of the job offers from these two companies were for the US. Meanwhile, they also posted a significant number of jobs in the Philippines, Argentina, and several locations in India.
In 2024, Exxon posted 144 jobs in Bangalore, India, and Chevron posted 58 jobs, where both have established offices.
Exxon is focusing on EM lithium products in the US and lubricants operations in Argentina, while Chevron is looking at supply and bulk marketing operations in Argentina and complying with GHG/methane regulations in the US, GlobalData research said.
ExxonMobil’s LNG subsidiary in India supports the upstream business and provides consulting services for other ExxonMobil LNG subsidiaries and conducts LNG market development activities.
In November 2024, the company published a “Senior Production Engineer (Oil & Gas)” to support ExxonMobil’s global portfolio of deepwater, conventional, unconventional and heavy oil assets. The paper also considers the application of technologies for oilfield production optimization using data-driven or physics-based methods.
The “Instrument and Electrical Reliability Engineering (I&E RE)” position at Chevron’s ENGINE Center (located in Bangalore, India) provides instrumentation and electrical asset support to operational refineries and liquefied natural gas (LNG) facilities ) from Chevron.
Sriprada added: “Analysis of employment trends at Exxon and Chevron from GlobalData’s Enterprise Data Analytics database also reveals that the number of Exxon employees worldwide has declined over the past five years, while Chevron has seen an increase in 2023.
