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Is integrated oil companies a good career path?: Determining a career path can be difficult, mainly if you are unsure how to start. You should go along the Integrated Oil Company route if you want a successful and rewarding career. You have likely heard about integrated oil firms on more than one occasion, but you are unsure whether or not it would be a beneficial choice for your career. Let’s go over all you should know about integrated oil businesses as a potential route for your professional life.
Is Integrated Oil Companies a Good Career Path?
Working for an integrated oil company is an excellent choice of profession when one considers the usefulness of all the products that oil firms produce, including petroleum gas, gasoline, kerosene, diesel oil, and lubricating oil. Certain processed products collectively referred to as petrochemicals originate in indirectly integrated oil corporations. For example, these products include nylon, dacron, polyethylene, and various polymers. Wiki
What Are Integrated Oil Companies?
Corporations involved in all stages of the oil industry, including exploration, production, refining, transportation, and distribution, are known as integrated oil companies. Many oil firms worldwide are integrated, which means they are affiliated with one another to create a single economic organization, because of the significant costs associated with oil production and distribution. Many oil corporations, like Chevron and Exxon Mobil, have integrated their operations.
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What Is The Average Salary Of a Worker in this career path?
The typical worker at an integrated oil company earns an annual income of $44,730, which translates to a median wage of $21.51 per hour. According to data provided by the Bureau of Labor Statistics of the United States 2021, these figures were provided in 2021. The following is a list of some of the departments offered by integrated oil companies, together with the average yearly salary for each position.
Miners – $42,620
Oil and gas extractors – $56,030
Utility System Constructors – $45,860
Truck transportation workers – $38,220
Rental and leasing agents – $41,690
How Many Jobs Are Available in this career path?
There are many different employment sectors available within the Integrated Oil Companies. Each job sector connects to the Upstream, Midstream, or Downstream categories. Various job opportunities are accessible within integrated oil companies, including the following.
1. Petroleum engineer:
Engineers specializing in extracting raw materials from the earth, such as oil and natural gas, are known as petroleum engineers. They do on-site work to assess the tools and equipment workers will require for the project to be successful. On average, engineers working in the petroleum industry get an annual income of $88,378.
2. Well Tester:
An oil well tester is a specialist who assesses and evaluates oil wells before any operation starts. Assessing and evaluating oil wells is this specialist’s primary responsibility. This work accurately forecasts the degrees of risk connected with oil wells. Before an oil well is placed into production, it must first pass a stability test.
3. Well Drilling Engineer:
Well-drilling engineers are responsible for maintaining, servicing, and validating oil wells and rigs. This is in contrast to their counterparts in chemical engineering, who spend much of their time in the laboratory. An oil well service firm is typically a department within an integrated oil corporation. A drilling engineer’s responsibilities include the following:
- Assessing and maintaining existing wells,
- Ensuring safety measures are implemented,
- Work with HSE officers to ensure staff implement safety measures before and during the drilling process.
- Senior drilling engineers are involved in planning, developing, and supervising the operations necessary for drilling oil and gas wells.
- The drilling engineers are involved in the initial well des, testing, completion and abandonment, and removal of pipes from oil wells.
4. Pipeline Construction Manager:
You will lead a team of construction superintendents and manage the subcontractors’ construction managers. You must have a degree in engineering, preferably in mechanical or civil, and previous management experience and experience working on onshore pipeline building projects.
The following is a list of the fundamental responsibilities of a pipeline and construction manager:
- He establishes a clear role and duty for the construction management personnel.
- He reviews & leads the implementation of the HSE project & Quality control measures.
- Meet and plan with construction subcontractor’s managers and the project director on project execution; prepare the construction schedule in conjunction with the operation manager and engineers with details on specific activities and respective dates of completion.
5. Human Resources Advisor:
In an integrated oil firm, the HR Advisor’s responsibility is to manage the employees. There is a requirement for prior experience in the oil business; however, a geoscientist or engineer degree is not necessary. However, To be successful in this field, you will need both an academic and professional background in HR.
In addition, HR professionals are responsible for advising recruiting managers on how to conduct interviews, conducting research on different approaches to performance evaluation, and working closely with management to develop business rules.
6. Oil Truck Drivers:
Truck Drivers for the Oil Industry work with the Responsibility of Transporting Oil Via Roadways. Their responsibilities include loading tanks at a designated fuel terminal, delivering fuel oil to the customer’s location, and performing daily vehicle maintenance. Because you will be delivering flammable products, this profession carries several additional qualifications, the most obvious of which is the ability to drive.
Average salary: $86,065
7. Sales Representative:
In integrated oil firms, the position of a sales representative ranks as one of the jobs with the highest salary. You will be in charge of marketing the company’s products to other businesses so that a sales representative can sell them to consumers in different parts of the world. You have to be able to bring deals to a successful closure to succeed in this profession.
8. HSE Manager and Safety Director:
Health, Safety, and the Environment (HSE) is what “HSE” stands for. It comes with the responsibility of implementing and designing all of the safety programs for the entire organization related to the health and Safety of employees, as well as taking into account the environmental effects of the production, such as gas flaring. The following are the primary responsibilities of HSE managers:
- They are developing and implementing organizational safety programs.
- Review and update institutional HSE policies
- Conduct risk assessments to detect potential hazards
- Plan precautionary measures
9. Chemical Engineers:
Chemical engineers are invaluable assets to the oil and gas industry. Their primary responsibilities include ensuring that petroleum and oil materials are pumped directly into gas tanks and that the appropriate chemicals are utilized in transforming crude oil into a form they can utilize. The job is ideally suited to individuals who enjoy working in laboratories; the job entails performing analyses on various materials.
10. Operations Manager:
A director of operations is responsible for ensuring that everything is coordinated and that operations are carried out without any problems. Although it is one of the most challenging positions in an integrated oil firm, the remuneration is very good for those who hold it. An operations manager’s job is planning, organizing, managing, scheduling, and safely executing the oil and gas field (onshore and offshore exploration) productions and operations.
Why should You choose integrated oil companies?
Considering a career path that involves working for an integrated oil company, it is essential to consider the pros and cons of this particular line of work. Integrated oil firms come with several advantages, including but not limited to salary, benefits, networking opportunities, and the opportunity to meet some of the world’s top talent.
i. The companies are certified:
Integrated oil firms like Chevron and ExxonMobil are certified by government authorities, in contrast to other companies, such as those that are not recognized nor certified by government agencies.
ii. Job opportunities are vast:
Because there are so many job openings in integrated oil businesses, getting work in one of those firms should not be difficult if you have the necessary qualifications and abilities for the position.
iii. The companies are well-financed:
Integrated oil corporations are well-financed; therefore, there is a very minimal likelihood that the companies will go bankrupt or be disturbed.
If you decide to pursue a career in integrated oil firms, this indicates a low risk of being let go from your current position.
iv. The workers are high-income earners:
The average yearly income of employees working for integrated oil businesses is relatively high compared to the salaries obtained by workers in many other industries. Getting workers might accomplish your financial footing and independence by pursuing a profession in an integrated oil firm.
Conclusion: Is Integrated Oil Companies a Good Career Path?
Working for an integrated oil company is a good career path that is profitable and desirable. Integrated oil firms rank among the most incredible job options available. You ought to be sure at this point that the answer to the question, Is Integrated Oil Companies a good Career Path? is “Yes.”
Edited by: George Angel
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