The European oil and gas industry experienced a 1% rise in new job postings in Q1 2023 compared with the previous quarter, with the highest share accounted for by BASF with 1,661 job postings, according to GlobalData’s analysis of oil and gas company job postings. Buy the report here.
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Notably, Management Occupations jobs accounted for an 11% share of the European oil and gas industry’s total new job postings in Q1 2023, rise 3% over the prior quarter.
Management Occupations drive oil and gas hiring activity
Management Occupations, with a share of 11% new job postings, was the occupation with the greatest hiring activity in the European oil and gas industry in Q1 2023 , ahead of Architecture and Engineering Occupations with an 8% share of new job postings.
The other prominent roles included Business and Financial Operations Occupations with a 7% share in Q1 2023, Office and Administrative Support Occupations with a 7% share and Computer and Mathematical Occupations with a 6% share of new job postings.
Top five companies accounted for 28% of hiring activity
BASF posted 1,661 jobs in Q1 2023 and registered a decline of 0.3% over the previous quarter, followed by Air Liquide with 1,457 jobs and a 78% growth. Solvay, with 1,398 jobs, and Master Builders Solutions Deutschland, with 1,397 jobs, recorded a 263% rise and a 32% drop, respectively, while TotalEnergies recorded a 29% decline with a 1,083 new job postings during Q1 2023.
Regional analysis of hiring in the European oil and gas industry, Q1 2023
Germany held the leading share of the European oil and gas hiring activity with a 23.87% share, 0.62% decrease over Q4 2022. the UK was next with 19.60%, four-percentage-point down over the previous quarter.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
