The global oil and gas industry experienced a 39% drop in new job postings related to cloud in Q3 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 63% decrease versus Q3 2022. GlobalData’s Oil & Gas: Hiring Trends & Signals Q3 2023 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.
Notably, Computer and Mathematical Occupations jobs accounted for a 43% share of the global oil and gas industry’s cloud-related total new job postings in Q3 2023, down 44% over the prior quarter.
Computer and Mathematical Occupations drive cloud-related hiring activity
Computer and Mathematical Occupations, with a share of 43%, emerged as the top cloud-related job roles within the oil and gas industry in Q3 2023, with new job postings drop by 44% quarter-on-quarter. Management Occupations came in second with a share of 8% in Q3 2023, with new job postings dropping by 52% over the previous quarter.
The other prominent cloud roles include Business and Financial Operations Occupations with a 4% share in Q3 2023, Office and Administrative Support Occupations with a 4% share of new job postings.
Top five companies in oil and gas industry accounted for 25% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q3 2023 were Shell, BASF, Sherwin-Williams, Baker Hughes, and State of Alaska. Together they accounted for a combined share of 25% of all cloud-related new jobs in the oil and gas industry.
Shell posted 141 cloud-related new jobs in Q3 2023, BASF 84 jobs, Sherwin-Williams 68 jobs, Baker Hughes 63 jobs, and State of Alaska 32 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 49.18% share of total new job postings, Q3 2023
The largest share of cloud-related new job postings in the oil and gas industry in Q3 2023 was in the US with 49.18% followed by India (8.49%) and Canada (5.29%). The share represented by the US was four percentage points higher than the 45.21% share it accounted for in Q2 2023.
For further understanding of GlobalData's Oil & Gas: Hiring Trends & Signals Q3 2023, buy the report here.