Job Creation In Oil Mining – Offshore oil and gas professionals expect good pay in exchange for physically and mentally demanding work. Any overseas job comes with an inherent risk, and workers endure this as they spend weeks away from home and family.
The precise job roles and responsibilities vary around the world, but offshore hierarchies generally fall into different broad roles. Based on 2019 data, here are some of the most lucrative offshore rig jobs in the oil and gas industry. Since then, jobs have been increasingly threatened by the Covid-19 pandemic and advanced automation, so don’t rely on these numbers for your next job interview.
Job Creation In Oil Mining
The salary of an offshore drilling consultant ranges from $143,000 to $305,000 per year. This makes it potentially one of the most lucrative jobs on the offshore platform.
Mining Sector Outpaces Oil & Gas In Job Creation
Drilling consultants oversee the day-to-day operations of the rig and provide advice and consultation on a variety of drilling matters. They coordinate with onshore supervisors and deliver orders to field personnel to optimize equipment production. They are also responsible for ordering supplies and new equipment, as well as maintaining the required number of workers on the platform at all times.
Offshore installation managers (OIMs), who occupy a senior position on an offshore platform, typically earn an annual salary between $174,000 and $247,000, while earning potential peaks lower than consultants, it remains one of the most profitable offshore. jobs on the platform.
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Shale Slowdown Takes Its Toll On Oil & Gas Jobs
By managing all activities on the offshore platform, OIMs ensure that production complies with company rules and official regulations. They are trained in emergency handling and are responsible for the health, safety and welfare of the workers on board. They also supervise the operation and training of all platform personnel, as well as ensure timely maintenance and repair of equipment.
The high starting salary levels for production and maintenance supervisors are above $108,000 and increase to $239,000 for experienced personnel, making it one of the most lucrative on the offshore platform.
Production and maintenance supervisors are responsible for ensuring that production facilities and mechanical and electrical equipment are operating efficiently to meet production goals.
They also manage the activities of production and maintenance technicians, coordinate with engineers and the offshore installation manager, and collaborate with onshore engineers to solve production and maintenance problems.
Top 10 Lucrative Jobs On Offshore Platforms: High Paying Careers
Subsea and chemical process engineers, the highest paid offshore rig engineers, earn between $75,000 and $188,000 per year.
Subsea engineers design and install the equipment, tools and infrastructure needed for offshore oil and gas production, as well as manage the installation of wells on the seabed and the pipelines that connect them to the platform.
Process engineers are responsible for the design and construction of facilities and equipment involved in the processing and production of oil and gas. They also plan equipment maintenance and upgrades and participate in risk assessments.
Reservoir engineers and drilling engineers are paid approximately $73,000 to $184,000 per year. These professionals use geological data to determine the distribution of oil and gas reserves in a reservoir and create simulation models to predict fluid flow through the rock to ultimately develop economically viable extraction plans.
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Drilling engineers plan, develop and supervise oil and gas well drilling operations. They contribute throughout the life cycle of a well, from the design stage through testing, completion and abandonment. They also plan and manage the budgets of mining operations.
Well-trained and experienced geologists and geophysicists, who conduct seismic surveys and analyze data to find new deposits, are paid between $65,000 and $183,000 a year in the offshore oil and gas industry.
They examine the properties of a potential reservoir or field and assess the geological risks associated with it. They build geological models and plan the development of exploratory wells. They are required to spend time on offshore oil production platforms to conduct test drilling and maximize oil or gas production from the field.
The starting salary for completion or overhaul staff is about $56,000 a year, while engineers and managers among them are paid as much as $181,000 a year. Workover or completion personnel are responsible for preparing wells for production and troubleshooting active wells.
Green Job Creation Scheme
They properly implement and execute construction according to design standards and specifications. They are also required to resolve operational and technical issues related to the completion and overhaul process. Experienced professionals analyze the performance of the completion or overhaul and recommend equipment or procedural changes.
Tanker captains sail large container ships that transport oil and gas from offshore platforms to terminal facilities. They were paid salaries ranging from $75,000 to $170,000 a year.
Their scope of work includes planning the safest and most efficient routes between offshore platforms and land ports while maneuvering the ship to avoid danger. They also manage on-board security as well as oversee the unloading of goods at the port.
Taking over a vessel gives a certain level of freedom, although captains must comply with international maritime laws. In some regions, shipping crews are known to work in dangerous conditions for very little pay. While maritime regulations are intended to prevent bad practices, the lack of enforcement has sometimes allowed serious human rights violations.
Emissions From Oil And Gas Operations In Net Zero Transitions
Marine engineers working on offshore platforms earn between $70,000 and $155,000 per year and are responsible for designing, installing and maintaining marine engineering systems on platforms.
Marine engineers plan, design and build offshore platforms, pipes and equipment. They also repair and perform environmental, operational or performance tests on marine machinery and equipment such as remotely operated vehicles and drillships. They manage the project life cycle and oversee maintenance tasks on plant and machinery.
The salary for commercial divers and helicopter pilots working in the oil and gas industry ranges between $75,000 and $150,000 per year. Experienced divers support the construction, inspection and maintenance of underwater platforms and are involved in activities such as underwater welding, repair and cleaning of underwater installations, pipes and structures.
Helicopter pilots transport personnel and cargo between offshore platforms and assist in geological surveys. They also fly injured or sick workers to medical facilities on the ground during emergency air ambulance missions.
Highest Paying Job Roles In Oil And Gas
Sign up for our daily news roundup! Give your business an edge with our industry-leading knowledge. Give your business an edge with our industry-leading knowledge. close up The oil and gas industry routinely claims it employs millions of Americans as a way to forever delay action on climate change. New research shows that this is a complete lie.
In 2020, the American Petroleum Institute (API), Washington’s largest oil and gas lobby, released a study stating that a national ban on fracking and federal oil and gas leasing could cost 7.5 million jobs in the United States . Another 2021 API report claims that the oil and gas industry directly employs 2.5 million people.
According to a new analysis by corporate watchdog Food and Water Watch, the current number of people directly employed by the fossil fuel industry is only about half a million. In addition, the Food and Water Watch report shows that the fossil fuel industry has been eliminating jobs for years, even with oil and gas production at record levels.
The new report is the latest and most extreme example of how the fossil fuel industry routinely boosts jobs to falsely suggest that taking much-needed climate action is a war on workers.
Fact Check: Oil Is Being Extracted More Quickly Than It Forms
In reality, oil and gas companies were getting better and better at doing their jobs – burning fossil fuels – with fewer and fewer employees. Oil and gas production in the United States increased by a third between 2014 and 2020. In the same period, employment in those sectors decreased by a third.
“While overall oil and gas production has increased, employment has not increased along with it,” explained Oakley Shelton-Thomas, a senior researcher at Food and Water Watch who worked on the report. “So we are presented with the idea that there is a choice between, we have pollution and we also have jobs, but in reality we get more pollution and less jobs.”
The Food and Water Watch report presents a very different picture of fossil fuel industry affairs than industry groups such as API have provided to advance their political agendas.
In February 2020, as the Democratic presidential candidates debated the fracking ban, API released a study that found that banning federal employment and fracking could cost 7.5 million jobs.
Drivers Of Labour Market Transformation
The report, “America’s Progress at Risk,” warns that nearly 5 percent of the U.S. workforce could be out of a job by 2022 if these policies are implemented. True, only about 0.5 percent of the US workforce is involved in oil and gas. The inflated numbers, according to a Food and Water Watch report, may be coming from
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