There are thousands of jobs in the integrated oil companies. And that’s not all the industry offers. Its benefits to the economy are vast. The industry provides jobs, supports businesses in their supply chains, and contributes billions of dollars in taxes.
The sector is a significant employer. It has supported only 2.1 million jobs and is projected to reach 3.9 million by 2025. These jobs include those directly employed by the company and those in its supply chain.
They also support businesses in their supply chains. These refineries buy crude oil from suppliers, who buy goods and services from other businesses. This creates jobs and supports economic growth throughout the economy.
Integrated oil companies also contribute billions of dollars in revenue each year. This helps fund important public services such as education and infrastructure improvements.
In this article, we discuss some of the jobs in this industry and their earning potential.
Some Of The Jobs In The Industry
Production Manager
Production managers oversee the oil production process, including quality control, inventory management, scheduling, labor, and material flow.
They must have experience in managing teams of employees and supervising the work of others.
Earning Potential
The average annual salary for a production manager is around $68,315
That comes to about $29.32/hour and $4,837/month.
Quality Control Supervisor
Quality control supervisors ensure that oil produced meets industry standards and specifications before they are distributed to customers.
They perform inspections that involve testing, packaging, shipping, and storage.
Earning Potential
The average annual salary for a quality control supervisor is around $71,410
That comes to about $20.83/hour and $5,056/month.
Inventory Management Specialist
The inventory management specialist keeps track of the company’s inventory levels and ensures enough supplies are available to keep operations running smoothly.
They also monitor the cost of goods sold and determine whether additional materials need to be purchased.
Earning Potential
The average annual salary for an Inventory management specialist is around $43,392
That comes to about $21/hour and $3,616/month.
Scheduling Coordinator
Scheduling coordinators coordinate the activities of workers who produce a service within the industry.
They ensure that everything runs smoothly and that the right people are working at any given time.
Earning Potential
The average annual salary for a scheduling coordinator is around $33,640
That comes to about $19.18/hour and $2,382/month.
Labor Relations Specialist
Labor relations specialists help companies manage their workforce effectively.
They negotiate contracts with unions and handle employee grievances, such as complaints about wages, hours, or conditions of employment.
Earning Potential
The average annual salary for a Labor relations specialist is around $86,363
That comes to about $37.02/hour and $6,115/month.
Manufacturing Engineer
Manufacturing engineers design equipment and systems that are used in the industry.
They may oversee the construction of machines and facilities, develop blueprints, and analyze data to improve efficiency.
Earning Potential
The average annual salary for a manufacturing engineer is around $80,945
That comes to about $34.74/hour and $5,731/month.
Material Handler
Material handlers are those responsible for the movement of materials around the industry.
They may load trucks, unload shipments, or sort items based on size or type.
Earning Potential
The average annual salary for a material handler is around $37,459
That comes to about $17.48/hour and $2,652/month.
Chemical Engineer
Chemical engineers design and build products using chemicals.
They build products that are needed in the industry– for exploration, refining, etc.
They help ensure that these items function properly and safely.
Earning Potential
The average annual salary for a chemical engineer is around $81,158
That comes to about $34.81/hour and $5,746/month.
Distribution Manager
Distribution Managers oversee the distribution– of materials and products for use in the company– throughout the company’s territories.
This includes managing inventory levels, ordering supplies, and maintaining sales records.
They also work closely with Sales Managers to ensure that product orders are placed properly and shipped to customers.
Earning Potential
The average annual salary for a distribution manager is around $67,000
That comes to about $28.70/hour and $4,744/month.
Petroleum Engineer
Petroleum engineers design oil wells, refineries, pipelines, and power stations.
They design and build these structures to extract oil and natural gas in the industry.
Earning Potential
The average annual salary for a petroleum engineer is around $82,164
That comes to about $35.25/hour and $5,817/month.
Geoscientist
Geoscientists study rocks and how they formed over time. They use geologic maps and samples to determine where to drill for oil and gas deposits.
Earning Potential
The average annual salary for a geoscientist is around $92,677
That comes to about $44.56/hour and $7,727/month.
Operation Manager
Operations Managers are responsible for the management of the facility.
They oversee the daily activities of the staff, including hiring, training, scheduling, performance reviews, and disciplinary actions.
They also work closely with other managers to ensure the smooth operation of the facility.
Earning Potential
The average annual salary for an operation manager is around $67,202
That comes to about $30.28/hour and $4,758/month.
Pipeline Construction Manager
Pipeline construction managers supervise the project team, including safety personnel, engineers, trades, and others involved in the construction phase of a pipeline system.
Earning Potential
The average annual salary for a pipeline construction manager is around $146,190
That comes to about $76/hour and $12,182/month.
Conclusion
There are many jobs in the industry, and so are its economic benefits.
These companies play a critical role in developing and producing oil and natural gas resources, which are essential for powering our cars, homes, and businesses.
