Working for Asian National Oil Companies - An Attractive Choice?

Over in South Asia, India’s state-owned Oil and Natural Gas Corp. Ltd. (ONGC) moved against the current trend by budgeting a 4.1 percent increase in CAPEX for financial year 2015 to 2016.

Working for Asian National Oil Companies - An Attractive Choice?
CAPEX Spending of Some Asia NOCs

“Most of Asia Pacific is NOC-operated and NOCs are very different than IOCs. NOCs have a mandate to serve the people in the country and then make money. IOCs have a mandate to serve shareholders … [On] plans by IOCs for projects going forward, certainly we can see some drawback or slowdown. But they are two different animals,” Jason Waldie, an associate director of Douglas-Westwood Pte. Ltd., told participants at the Singapore Offshore Finance Forum in February.

Pertamina Still Hiring

Over in Indonesia, Pertamina appears to be the only bright spark for oil and gas employment. The company posted job vacancies online and invited experienced hires to apply for positions in the upstream sector. These posts, as listed on Pertamina’s website in mid-March, covered:

  • Geology
  • Geophysics
  • Reservoir & Production
  • Enhanced Oil Recovery
  • Process & Facilities

“Pertamina is still hiring. If you look at online job vacancies, I don’t see any [other] company in Indonesia that is hiring,” Sartika Abidin, chief Human Resources for PT Energi Tanjung Tiga (ETT) told Rigzone.

But she noted that some of these vacancies could have arisen as Pertamina needs to replace staff whose contracts at the NOC, which has a workforce of 25,650 in November 2013, had expired or are expiring.

As a nationally recognized business entity, Pertamina is an obvious choice for new job applicants, including candidates from top universities in Indonesia.


123456

View Full Article

WHAT DO YOU THINK?


Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Premkumar Chandrashegaran  |  May 06, 2015
This is a very good read. Well I am a recent graduate of MSc Petroleum Engineering from a top university and I am finding it hard to find a job within my field of study in the industry. I am now currently lecturing undergraduates at a local university in Petroleum Engineering course. The idea is to just secure and develop your skills and knowledge during this tough period so that your value adds up after the oil price recovers and companies start to rehire.


Most Popular Articles