In recent survey, CNN Money reported that oil drillers are rushing up for workforce to oil industry job. Several years of under-investment in oil rigs and employees alike, joined with the pitch in oil consequences over the last many years has directed to a primary shortage of skilled workforce in oil fields at every levels. One of the world's leading offshore drilling groups has 1500 oil rig job opportunities in the couple of years for their 5 new oil rigs.
Every oil company is positioning new oil rigs all over from the Gulf and the yawning water off Brazil to the shores of Africa and Saudi Arabia to meet up today's amplified requirement for oil and announcing more oil rig jobs. Satisfying the oil industry jobs in these offshore oil turfs is proving to be a foremost challenge. In spite of exorbitant wages in the range of $50,000 to $80,000 even for fresh employees, there are not many takers for these offshore oil rig jobs. There are several reasons for this disinclination:
- Not so many natives are keen to live in the heart of the marine on an oil rig
- Extremes of high temperature, either enormously cold or awfully hot, and occasionally both.
- The challenging job timetable - rotation of 12 hours on, 12 hours off, 7 days a week for 2-4 weeks at once.
- Political instability and armed aggression, for example mutineer and rebels in Nigeria and other African states, possible terrorists in Arab.
- Physical hazard from tornados like the recent Hurricane Katrina.
- Dangerous mishaps like the 1988 one drilling rig in the North ocean - 167 of the 226 men on panel passed away when the oil rig trapped fire
Unsurprisingly, the uppermost salaries drawn for oil industry job, like executives with titles initial with "C", like CEO, CFO, oil rig job and so on. Then you have the Voice President and top sellers. But what about other oil rig job and wages for new hires in oil industry job? Well, The Wall Street magazine stated that new oil engineering alumnae expected initial wages of $80,000 to $110,000, excluding a variety of benefit and signing additional benefits. This stipulate is in no risk of peaking anytime soon. Oil corporations are employing fuel engineering fresh learner as summer interns, paying a good deal as $30 to $40 per hour. Texas Tech reported its 2008 graduating superiors will get an average salary of $100,000. Geologists, too, are in huge demand.
The American Geologic Society reports that the usual initial wage for a geologist new out of institute is around $80,000, up from $54,000 in 2003 - 2004. At their meeting in April, the American Association of Petroleum Geologists stated that graduate scholars (Masters and PhD) were getting wages of $80,000 to $110,000. The good news for oil rig job or any other oil industry job seekers is that the requirement for geologists for is improbable to be crammed anytime soon. The American Geological Institute reports that out of 20,000 geology students, only 2,800 achieve their BS after 4 years of learning.
In addition, loads of today's oil industry geologists started work in the 1970s, and will be going to retire in coming years. Taken jointly, these details indicate that more and more geology jobs are going to release in oil corporations in upcoming decade, with wages probable to increase more. It appears that, even nowadays, taking up a Degree in Geology or Geologic Engineering is glowing worth.
Beefing this up with a Master's in Structural Geology will surely net you an additional $25,000 or $30,000. With growing order for oil from China and India, as well as ongoing demand from the US and Europe to force the look for more oil, the oil industry job and offshore drilling rigs or oil rig job will remain vacant for some time to come. This is absolutely the hot job of the coming decades.
By Amit Kishore Verma
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