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What are the most lucrative jobs available for Petroleum Engineers and what is the criteria to enter them?

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RE: What are the most lucrative jobs available for Petroleum Engineers and what is the criteria to enter them?

Rahul Shinde
Rahul Shinde
Verified Career Expert
Career Consultant at Pinnacle School of Business Management
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Hi,


Greeting's for the day!!!

Despite the fact that petroleum engineering is an attractive and high paying career option, not much information is available on it. Typically, a petroleum engineering graduate is given the job to discover natural sources of oil and examine the same. Similarly, developing the latest machines and equipments which can be used in the extraction and processing of oil is part of a job of a petroleum engineer. Petroleum engineers have global career and are hired by global oil companies.

The Petroleum Engineering is divided in two parts:
1. Upstream Sector
2. Downstream Sector

1. Upstream Sector:
consists of activities like exploration, production and exploitation of oil and natural gases. after gaining a qualification in petroleum engineering, the engineers work in the exploration and production activities of petroleum and other related products. Using the latest drilling technology and geophysics for the exploration of oil reservoirs, they exploit the same for maximum output.

2. Downstream Sector:
consist activities such as the refining, marketing and distributing of petroleum products. Production is not the only work carried out in a petroleum company and the job of petroleum engineer does not get over as the oil is produced. rather, it starts at this stage. Refining process is crucial for an oil products as then only it can be used. Marketing and distributing department may require a petroleum engineer to have some management degrees.

Job Prospects:
Career prospects are quite attractive in petroleum sector as petroleum companies have great influence and offer attractive salaries to employees. The demand for petroleum and petroleum products is only expected to increase and the increase would lead to creation of new jobs. In fact, there is a great demand of efficient petroleum engineers and almost every young graduate in petroleum engineering gets a job offer from petrol and gas companies from India and Overseas.

Most Lucrative Job Roles / Names:
Depending upon the qualification, skills and experience, roles and designations differ in the field. Some of the positions offered are Reservoir Engineer, Technical Support Engineer, Senior Geoscientist, Drill Bits System Field Engineer, Petroleum Technologist and Drilling Engineer. Other positions are Principal Reservoir Petro Physicist, Technical Support Specialist, Tender and Quotation Analyst, Geosciences Pressure Expert, Senior Petro Physicist, Senior Exploration Geologist and Process Engineer.

Further doubts or queries feel free to contact.

--
Regards,
Rahul.

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