The Asia-Pacific oil and gas industry experienced a 26% rise in new job postings in Q1 2024 compared with the previous quarter, with the highest share accounted for by PI Industries with 3,057 job postings, according to GlobalData’s analysis of oil and gas company job postings. GlobalData’s Oil & Gas: Hiring Trends & Signals Q1 2024 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the oil & gas industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Management Occupations jobs accounted for an 11% share of the Asia-Pacific oil and gas industry’s total new job postings in Q1 2024, rise 18% over the prior quarter.
Management Occupations drive oil and gas industry hiring activity
Management Occupations, with a share of 11% new job postings, was the occupation with the greatest hiring activity in the Asia-Pacific oil and gas industry in Q1 2024 , ahead of Architecture and Engineering Occupations with a 10% share of new job postings.
The other prominent roles included Life, Physical, and Social Science Occupations with a 6% share in Q1 2024, Computer and Mathematical Occupations with a 5% share and Business and Financial Operations Occupations with a 5% share of new job postings.
Top five companies accounted for 38% of hiring activity
PI Industries posted 3,057 jobs in Q1 2024 and registered a growth of 7% over the previous quarter, followed by PTT Global Chemical Public with 1,859 jobs and a 79% growth. Worley, with 1,414 jobs, and Nufarm, with 1,335 jobs, recorded a 201% rise and an 18% rise, respectively, while Engro recorded a 53% increase with a 622 new job postings during Q1 2024.
Regional analysis of hiring in the Asia-Pacific oil and gas industry, Q1 2024
India held the leading share of the Asia-Pacific oil and gas hiring activity with a 46.92% share, a 16% increase over Q4 2023. Australia was next with 18.94%, four-percentage-point up over the previous quarter.
For further understanding of GlobalData's Oil & Gas: Hiring Trends & Signals Q1 2024, buy the report here.
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