The Asia-Pacific oil and gas industry experienced a 5% drop in new job postings in Q4 2023 compared with the previous quarter, with the highest share accounted for by PI Industries with 1,341 job postings, according to GlobalData’s analysis of oil and gas company job postings. GlobalData’s Oil & Gas: Hiring Trends & Signals Q4 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.

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Notably, Management Occupations jobs accounted for a 12% share of the Asia-Pacific oil and gas industry’s total new job postings in Q4 2023, rise 0.54% over the prior quarter.

Management Occupations drive oil and gas industry hiring activity

Management Occupations, with a share of 12% new job postings, was the occupation with the greatest hiring activity in the Asia-Pacific oil and gas industry in Q4 2023 , ahead of Architecture and Engineering Occupations with an 11% share of new job postings.

The other prominent roles included Business and Financial Operations Occupations with a 7% share in Q4 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 27% of hiring activity

PI Industries posted 1,341 jobs in Q4 2023 and registered a growth of 0% over the previous quarter, followed by PTT Global Chemical Public with 753 jobs and a 135% growth. Nufarm, with 608 jobs, and BASF, with 549 jobs, recorded 0.16% drop and a 14% drop, respectively, while John Wood Group recorded a 32% decline with a 535 new job postings during Q4 2023.

Regional analysis of hiring in the Asia-Pacific oil and gas industry, Q4 2023

India held the leading share of the Asia-Pacific oil and gas hiring activity with a 43.99% share, a 33% increase over Q3 2023. China was next with 17.08%, four-percentage-point up over the previous quarter.

For further understanding of GlobalData's Oil & Gas: Hiring Trends & Signals Q4 2023, buy the report here.

This content was updated on 6 January 2024

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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.