The global oil and gas industry experienced a 25% rise in new job postings related to cybersecurity in Q1 2024 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 35% decrease versus Q1 2023. GlobalData’s Oil & Gas: Hiring Trends & Signals Q1 2024 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, Computer and Mathematical Occupations jobs accounted for a 16% share of the global oil and gas industry’s cybersecurity-related total new job postings in Q1 2024, down 33% over the prior quarter.
Computer and Mathematical Occupations drive cybersecurity-related hiring activity
Computer and Mathematical Occupations, with a share of 16%, emerged as the top cybersecurity-related job roles within the oil and gas industry in Q1 2024, with new job postings drop by 33% quarter-on-quarter. Management Occupations came in second with a share of 10% in Q1 2024, with new job postings rising by 32% over the previous quarter.
The other prominent cybersecurity roles include Architecture and Engineering Occupations with a 10% share in Q1 2024, Business and Financial Operations Occupations with a 8% 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 Q1 2024 were Saipem, Avient, Synthomer, Saudi Arabian Oil, and PTT Global Chemical Public. Together they accounted for a combined share of 25% of all cybersecurity-related new jobs in the oil and gas industry.
Saipem posted 176 cybersecurity-related new jobs in Q1 2024, Avient 126 jobs, Synthomer 64 jobs, Saudi Arabian Oil 61 jobs, and PTT Global Chemical Public 60 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 41.14% share of total new job postings, Q1 2024
The largest share of cybersecurity-related new job postings in the oil and gas industry in Q1 2024 was in the US with 41.14% followed by Italy (10.23%) and India (9.25%). The share represented by the US was six percentage points higher than the 34.71% share it accounted for in Q4 2023.
For further understanding of GlobalData's Oil & Gas: Hiring Trends & Signals Q1 2024, buy the report here.
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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.
