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.
“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.
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