Europe witnessed a 5.7% drop in IT hiring activity in the oil & gas industry in October 2022 when compared with the previous month, according to GlobalData’s Job Analytics dashboard.

October 2022 has seen a decrease of 3.43% in the overall hiring activity when compared with September 2022.

IT jobs accounted for a 5.33% share in the industry’s total hiring activity in October 2022, registering a decrease of 0.17% over the last three-month average share.

Software and Web Developers, Programmers, and Testers Occupations leads by classification in October 2022

Software and Web Developers, Programmers, and Testers Occupations emerged as the leading IT occupation in Europe with a share of 35.73% in October 2022, a 17.28% drop over the previous month. Database and Network Administrators and Architects came in next, claiming a share of 30.93% in October 2022, marking a 3.33% month-on-month decline. In the third place was Miscellaneous Computer Occupations with a share of 15.2% in October 2022, a 29.63% drop from September 2022.

Computer and Information Analysts registered a share of 14.4% in October 2022, a 5.88% rise over the previous month.

Top five oil & gas companies in Europe’s IT recruitment activity in October 2022

The top five companies, in terms of number of jobs as tracked by GlobalData, accounted for a combined average decline of 12.73% in the overall IT recruitment activity of Europe’s oil & gas industry during October 2022 over previous month.

Exxon Mobil posted 48 IT jobs in October 2022 and registered an increase of 29.73% over the previous month, followed by Sika with 28 jobs and a 28.21% drop. BASF with 25 IT jobs and Hera with 25 jobs, recorded a 7.41% drop and a 39.02% drop, respectively, while Yara International recorded a 14.29% decline with 18 job postings during October 2022.

Country-wise composition of IT hiring in Europe’s oil & gas industry

The UK commanded a leading presence in the region’s oil & gas industry IT hiring activity with a 29.07% share in October 2022, a 9.17% decrease over September 2022. Germany featured next with a 20% share, down 9.64% over the previous month. Italy recorded an 11.73% share, a drop of 4.35% compared with September 2022.

Junior Level job postings dominate in October 2022

Junior Level jobs held a share of 78.13%, down by 6.69% from September 2022. Mid Level positions with a 12.8% share, registered a decline of 42.17% compared with the previous month.

In the third place was Entry Level job ads with a 9.07% share, down 22.73% over September 2022.