It’s not a secret that positions in the gas and oil industry can be very lucrative.
In reality, not just are the pay among the highest in every industry However, many positions have bonus and overtime payouts that can boost the salaries to a higher level. This is without even considering contracts.
Not sure what kind of money is being paid? Here are a few of the most lucrative jobs in the industry of oil and gas, and the pay they offer:
Gas Engineer
Specializing in installation or service, Gas Engineers install, fix and maintain gas appliances and gas systems. They operate in a variety of different environments, including large office buildings, structures that are industrial in scale, to being in homes and other residential environments.
SalaryStarting pay would start around PS14,000; it would increase to PS30,000 when fully certified.
Offshore Driller
On oil rigs and drilling platforms Offshore Drillers supervise all drilling operations, with a focus on controlling the speed and frequency of drilling. In teams with Assistant Drillers and Derrickmen They also have to select the appropriate drill bit for the terrain as well using techniques that will extend the duration of their bit.
Pay:Between PS30,000 and PS50,000 depending on the experience.
Petroleum Geologist
An Petroleum Geologist (or scientist) is one who specializes in the exploration estimation, extraction and exploration of gas and oil deposits under and on top of Earth. Their job is to inform oil companies about the best location for drilling, employing techniques such as geochemical analysis sonar and satellite mapping , to identify which areas are the best (and most secure) deposits are.
Pay:Petroleum Geologists earn an average of about PS50,000.
Pipeline Engineer
Pipeline Engineers design and install the huge pipelines that are utilized to transport gas deposits. They can operate offshore or offshore, and can be involved in any area of the gas and oil process. But, with many thousands of kilometers of pipelines required around the world this work is a vital component of the industry.
Salaries:Around PS50,000 per annum, in average, but the salaries of Senior Pipeline Engineers can easily exceed the PS70,000 mark.
Oil Trader
Simply put Oil Traders are traders who purchase or sell crude oil for an outside person. They also can offer “futures” contracts, which are for buyers who would like to purchase an amount of oil at a certain date in the near future. Possible customers of Oil Traders include energy companies as well as investment firms as well as private companies, or any other business with an interest of purchasing massive amounts of oil.
SalarySomewhere somewhere between the PS50,000-PS70,000 mark, without taking into account the bonuses that are lucrative.
Risk Manager
The industry of oil and natural gas is a dynamic and constantly changing one that is impacted by a range of geographical, economic and geochemical elements. The job of a Risk Manager is to provide businesses with advice on possible threats that could come to them, as well as then put contingency strategies in place for all possibility, so as to minimize the risk to profit or the image of the business.
SalaryBetween PS50,000 and PS70,000 as an approximate estimate.
Refining Engineer
In the exclusive downstream process in the best paying jobs in oil & gas production sector, Refining Engineers design, build and supervise refineries for oil, making sure that they run efficiently, safely, and continuously maintain their high-quality output. They are specialists in the field of computer-aided design (CAD) and must to keep their skills current to remain at the top of their field.
Salaries:Somewhere between PS60,000 and PS50,000.
Subsea Engineer
Subsea Engineers exclusively deal with the maintenance and installation of mechanical systems that are located under the sea. This may include the construction of the oil-well rigging system, as wellheads or pipelines, as well as underwater vehicles or other equipment. This also includes scientific analysis and research for example, studying the bottom of the ocean to see whether it’s able to support new structures that are added.
Salaries: PS70,000, as an approximate estimate.
Completion Engineer
Completion Engineers design and monitor the construction of well completions for the purpose of maximising production of gas and oil. This may involve assessing the rate of production or pressure and employing CAD to plan the well, as well as overseeing all work on the field to make sure that the plans are implemented efficiently. This position could also be under the title that of Petroleum Engineer. Learn more about theinsiderup
Salaries:Average salary for a Completion Engineer can be around PS100,000.
Drilling Consultant
A Drilling Consultant is responsible for all day-to day rig operations whether it’s relaying orders from supervisors on-shore, and then relaying them at the site or managing contractors and vendors. They are specialists in their field and typically possess an average of 5 year’s (and at times, up to 10 many years’) experience in the field prior to assuming the role.
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SalarySalaries associated with drilling Consultants typically range from six figures and can start at PS150,000 or more, based on the area.