The European oil and gas industry experienced a 7% drop in new job postings in Q4 2023 compared with the previous quarter, with the highest share accounted for by BASF with 1,088 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.
Smarter leaders trust GlobalData
Notably, Architecture and Engineering Occupations jobs accounted for an 11% share of the European oil and gas industry’s total new job postings in Q4 2023, rise 17% over the prior quarter.
Architecture and Engineering Occupations drive oil and gas industry hiring activity
Architecture and Engineering 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 Q4 2023 , ahead of Management Occupations with a 9% share of new job postings.
The other prominent roles included Office and Administrative Support Occupations with a 7% share in Q4 2023, Business and Financial Operations Occupations with a 6% share and Computer and Mathematical Occupations with a 6% share of new job postings.
Top five companies accounted for 32% of hiring activity
BASF posted 1,088 jobs in Q4 2023 and registered a decline of 3% over the previous quarter, followed by Exxon Mobil with 1,047 jobs and a 42% growth. NES Global Talent Norge, with 1,045 jobs, and Air Liquide, with 956 jobs, recorded a 4% rise and an 11% rise, respectively, while Naturgy Energy Group recorded a 68% increase with a 555 new job postings during Q4 2023.
Regional analysis of hiring in the European oil and gas industry, Q4 2023
The UK held the leading share of the European oil and gas hiring activity with a 21.08% share, a 14% decrease over Q3 2023. Germany was next with 20.13%, four-percentage-point down over the previous quarter.
For further understanding of GlobalData's Oil & Gas: Hiring Trends & Signals Q4 2023, buy the report here.
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.
