The global oil and gas industry experienced an 18% drop in new job postings in Q2 2023 compared with the previous quarter, with the highest share accounted for by Sherwin-Williams with 4,176 job postings according to GlobalData’s analysis of oil & gas company job postings. Buy the report here.
Go deeper with GlobalData
Notably, Management Occupations jobs accounted for a 9% share of the global oil and gas industry’s new job postings in Q2 2023, down 24% over the prior quarter.
Management Occupations drive oil and gas hiring activity
Management Occupations, with a share of 9%, was the occupation with the greatest hiring activity in the global oil and gas industry in Q2 2023, ahead of Architecture and Engineering Occupations with a 9% share of job postings.
The other prominent roles include Office and Administrative Support Occupations with an 8% share in Q2 2023, Business and Financial Operations Occupations with a 27% share and Computer and Mathematical Occupations with a 6% share of new job postings.
Top five companies in oil and gas industry accounted for 16% of hiring activity
The top five companies, in terms of number of new job postings tracked by GlobalData, accounted for a combined 16% share of the overall hiring activity in the global oil and gas industry in Q2 2023.
Sherwin-Williams posted 4,176 jobs in Q2 2023 and registered a drop of 43% over the previous quarter, followed by Baker Hughes with 4,101 jobs and a 48% growth. John Wood Group with 3,143 jobs and Valvoline with 2,803 jobs, recorded a 12% decline and a 154% rise, respectively, while Halliburton recorded a 80% rise with 2,762 job postings during Q2 2023.
Hiring activity was driven by North America with a 57% share of total new job postings, Q2 2023
North America held the leading share of the new job postings in the global oil and gas industry with a 57% share, 0.76% lower over Q1 2023. Europe stood next with 20%, registering a 19% decline over the previous quarter.
Asia-Pacific with a 16% share marked a 17% drop over Q1 2023. The Middle East & Africa and South & Central America accounted for shares of 16% and 14% respectively.
Premium Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
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.
