The Asia-Pacific oil and gas industry experienced a 17% drop in new job postings in Q2 2024 compared with the previous quarter, with the highest share accounted for by PI Industries with 1,944 job postings, according to GlobalData’s analysis of oil and gas company job postings. GlobalData’s Oil & Gas: Hiring Trends & Signals Q2 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, Management Occupations jobs accounted for an 11% share of the Asia-Pacific oil and gas industry’s total new job postings in Q2 2024, drop 17% over the prior quarter.
Management Occupations drive oil and gas industry hiring activity
Management Occupations, with a share of 11% new job postings, was the occupation with the greatest hiring activity in the Asia-Pacific oil and gas industry in Q2 2024 , ahead of Architecture and Engineering Occupations with an 8% share of new job postings.
The other prominent roles included Life, Physical, and Social Science Occupations with a 6% share in Q2 2024, Office and Administrative Support Occupations with a 5% share and Computer and Mathematical Occupations with a 5% share of new job postings.
Top five companies accounted for 29% of hiring activity
The top five companies, in terms of number of new job postings tracked by GlobalData, accounted for a combined 29% of the overall hiring activity in the Asia-Pacific oil and gas industry in Q2 2024.
PI Industries posted 1,944 jobs in Q2 2024 and registered a decline of 55% over the previous quarter, followed by Nufarm with 1,166 jobs and a 31% drop. Worley, with 1,088 jobs, and BP, with 762 jobs, recorded a 23% drop and an 83% rise, respectively, while State of Alaska recorded a 30% increase with a 759 new job postings during Q2 2024.
Regional analysis of hiring in the Asia-Pacific oil and gas industry, Q2 2024
India held the leading share of the Asia-Pacific oil and gas hiring activity with a 43.86% share, a 26% decrease over Q1 2024. Australia was next with 14.27%, four-percentage-point down over the previous quarter.
For further understanding of GlobalData's Oil & Gas: Hiring Trends & Signals Q2 2024, buy the report here.
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