Global Oil and Gas Market Size: Over the Last 3 Years and in 2024 (in USD)
|
||||
---|---|---|---|---|
Year | 2021 | 2022 | 2023 | 2024 (Projected) |
Worldwide | 620 billion | 664.69 billion | 706.9 billion | 751.78 billion |
|
||||
---|---|---|---|---|
Year | 2024 | 2029 | CAGR | |
India | 38.12 billion | 49.12 billion | 5.20% |
Total Employment in the Oil and Gas Industry
Continent | Number of People Employed * |
Total Share as Percentage (of 6,965,035) |
---|---|---|
Asia and Australia | 2,696,177 | 38.23% |
Africa | 700, 673 | 9.94% |
Europe | 994,020 | 14.10% |
North America | 1,815,726 | 25.75% |
South America | 758,439 | 10.75% |
*Those working remotely would be working from a location of their choice and hence do not come under these calculations. Please note that all values are approximate.
Looking For A Trusted Talent Sourcing Partner?
Acquire and manage talent with our full service talent sourcing, training and consulting, solutions tailormade for your unique industry requirements.
What We Do
The capital investment required in the oil and gas sector is substantial, demanding the integration of advanced technologies such as robotics, automation, AI, IoT and electric submersible pumps. Success at every stage exploration, refining, storage and distribution requires clear strategies and coordinated actions. Strong collaboration and teamwork are essential to ensure efficient operations.
To achieve this recruitment cannot be approached in isolation. Partnering with an experienced oil and gas recruitment agency ensures that the right candidates are sourced, not only with the necessary technical expertise but also with the ability to work effectively as part of a team. Effective leadership and management are crucial to ensuring that your investments yield the desired results. Through executive search services we identify top-tier leaders who can drive your teams toward success.
Roles/Designations in Oil and Gas
Key In-Demand Job Roles Globally & in India
Top job roles in demand (Worldwide) | Top job roles in demand (India) |
---|---|
Petroleum Engineer | Petroleum Engineer |
Chemical Engineer | Drilling Engineer |
Drilling Engineer | Production Engineer |
Health Safety and Environmental (HSE) Manager | HSE Officer |
Reservoir Engineers | Project Manager |
Gas Plant Operator | Geologist/Geophysicist |
Top Locations with Job Posts – Worldwide & India
Top locations based on Job posts (Worldwide) | Top locations based on Job posts (India) |
---|---|
Houston | Bengaluru |
Saudi Arabia | Chennai |
UAE | Mumbai |
Midland-Odessa Area | Pune |
Qatar | Delhi |
Greater Aberdeen Area | Kolkata |
Bengaluru | Chandigarh |
Greater Kuala Lumpur | Hyderabad |
Our Services
Staffing Services
Our staffing solutions effectively address workforce shortages, focusing on timely and accurate talent acquisition to meet your business needs.
Recruitment Services
Simplify your hiring process by outsourcing recruitment fully or partially. We source top talent and ensure smooth onboarding for your organization.
Training & Upskilling
Key Government Initiatives in the Oil and Gas Sector
1
Promotion of Natural Gas
Natural gas is considered a strategic fuel for India’s energy future. The government is actively expanding the National Gas Grid Pipeline and the City Gas Distribution network to increase accessibility. Additionally, under sustainable travel initiatives, the promotion of Bio-CNG is being prioritized.
2
Ethanol Blending Program
The Ethanol Blending Program aims to reduce the consumption of traditional petrol by blending it with ethanol, making it a more sustainable fuel option. To support this initiative the government has reduced the price of ethanol, created alternative production routes and lowered the GST on ethanol. These reforms have significantly bolstered the oil and gas industry in India.
3
Hydrocarbon Exploration and Licensing Policy (HELP)
HELP serves as a framework for guiding hydrocarbon exploration and production in India. Its primary goals include increasing domestic oil and gas production and positioning India as a global hub for the oil and gas industry. This policy offers explorers more advantages than previous initiatives fostering growth in the sector.
4
Reassessment of Hydrocarbon Resources
This initiative aimed to evaluate the untapped hydrocarbon potential of India’s sedimentary basins and deepwater regions. The project undertaken by a collaborative team from ONGC, OIL and DGH, explored previously uncharted areas and concluded in 2017 unlocking new opportunities for oil and gas exploration.
5
Infrastructure Development
Our Value Proposition
As a leading provider of oil and gas recruitment services in India, we deliver unmatched value to our clients. Here are five key reasons to partner with us:
1
We leverage cutting-edge market data and insights to guide recruitment strategies, providing detailed information on industry roles, compensation trends, and benefits.
2
Our end-to-end recruitment services cover every stage, from sourcing and screening to interviewing and onboarding, ensuring a seamless hiring experience.
3
Using advanced recruitment software, we identify candidates with specific demographics, experience levels, or skill sets tailored to your requirements.
4
We help bridge skill gaps and boost productivity through targeted talent acquisition, workforce restructuring, and innovative HR strategies.
5
Harnessing the power of AI and the latest technologies, we create efficient hiring strategies and build lean, future-ready teams to keep you ahead in a competitive market.
Partner With Donsuk
Whether you need to hire experienced professionals or trained freshers, whether you want contractual staff or permanent staff, our consultant can help you with all your manpower requirements.
Just submit the form below and we will get back to you with all the details.