The global oil and gas industry experienced a 33% drop in new job postings related to lng in Q4 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 49% decrease versus Q4 2022. 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, Architecture and Engineering Occupations jobs accounted for a 20% share of the global oil and gas industry’s lng-related total new job postings in Q4 2023, down 20% over the prior quarter.

Architecture and Engineering Occupations drive lng-related hiring activity

Architecture and Engineering Occupations, with a share of 20%, emerged as the top lng-related job roles within the oil and gas industry in Q4 2023, with new job postings drop by 20% quarter-on-quarter. Management Occupations came in second with a share of 10% in Q4 2023, with new job postings dropping by 31% over the previous quarter.

The other prominent lng roles include Business and Financial Operations Occupations with a 7% share in Q4 2023, Computer and Mathematical Occupations with a 7% share of new job postings.

Top five companies in oil and gas industry accounted for 46% of hiring activity

The top companies, in terms of number of new job postings tracked by GlobalData, as of Q4 2023 were Exxon Mobil, Venture Global LNG, Santos, John Wood Group, and Energy Transfer. Together they accounted for a combined share of 46% of all lng-related new jobs in the oil and gas industry.

Exxon Mobil posted 90 lng-related new jobs in Q4 2023, Venture Global LNG 83 jobs, Santos 63 jobs, John Wood Group 52 jobs, and Energy Transfer 50 jobs, according to GlobalData’s Job Analytics.

Hiring activity was driven by the US with a 45.66% share of total new job postings, Q4 2023

The largest share of lng-related new job postings in the oil and gas industry in Q4 2023 was in the US with 45.66% followed by Australia (16.53%) and India (9.89%). The share represented by the US was six percentage points higher than the 40.16% share it accounted for in Q3 2023.

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’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.