Regardless of your personality or experience in life, a time will come when you’ll have to choose a lifetime career path. Sure, choosing a career path is a very critical decision, although this may be challenging, especially if you aren’t sure of where to start.
Well, you probably have come across integrated oil companies several times but you doubt whether it’s a good career path to choose. Making this decision might have posed a question to your mind “Is integrated oil companies a good career path?”
The answer to this question is Yes, Integrated Oil Companies is a good career path that’s worthwhile for you to choose. Nevertheless, before making your decision, let’s walk you through everything you need to know about integrated oil companies as a career path.
What Are Integrated Oil Companies?
Integrated oil companies are business entities that are involved in the exploration, production, refining, transport, and distribution of oil.
Many oil companies in the world are integrated, in other words, they are associated with one another to form a single business entity. Oil companies such as Chevron and Exxon Mobil are integrated due to the high cost related to the processes involved in oil production and distribution.
The operations performed by the Integrated oil companies are divided into three categories: Upstream which involves oil exploration and production; Midstream, which includes oil transportation and storage; and Downstream, which covers the refining and marketing of oil.
Is Integrated Oil Companies a Good Career Path?
Yes, the Integrated oil companies are a good career path to choose. It is worthwhile to spend your life on this excellent and profitable career path.
Considering the usefulness of all the products of oil companies such as petroleum gas, gasoline, kerosene, diesel oil, and lubricating oil, it is certain that integrated oil companies are a good career path.
Apart from these direct products of refined oil, certain processed products known as petrochemicals indirectly come from integrated oil companies, these include Nylon, Dacron, Polyethylene, and other plastics.
What Is The Average Salary Of a Worker In Integrated Oil Companies?
The annual salary earned by a typical worker in the Integrated oil companies depends on the sector to which the worker belongs.
Based on the statistics from the US Bureau of labor in 2021, the average annual salary of a typical worker in integrated oil companies is $44,730 which is equivalent to a median wage of $21.51 per hour.
Some of the sectors available in the Integrated Oil Companies with their average annual salaries are listed as follows:
Miners – $42,620
Oil and gas extractors – $56,030
Utility System Constructors – $45,860
Truck transportation workers – $38,220
Rental and leasing agents – $41,690
How Many Jobs Are Available In Integrated Oil Companies?
When it comes to the job available in the Integrated oil companies, the opportunities are unlimited. The reason for this is that there are many job sectors available in the Integrated Oil Companies, each being related to the Upstream, Midstream, or Downstream category.
Some of the jobs available in the Integrated oil companies include:
1. Well Tester
The job of this specialist is to assess and evaluate oil wells. This is done before the oil wells are used to carry out any operation.
This job cannot be disregarded because it helps to predict the levels of risk associated with the oil wells. The well Tester also justifies the stability of the oil wells before they are put into use.
2. Pipeline Construction Manager
The job of the pipeline construction manager is to ensure the integrity of the pipelines and the wells that have been drilled by the company.
He also ensures that all the safety measures set up by the company are followed by the other workers. Finally, he is also responsible for the financial and technical aspects of oil drilling in the company.
3. Drilling Engineer
The Drilling Engineer is involved in all drilling operations involved in the extraction of oil from the earth.
If you’re an engineer that prefers to work in the field rather than indoors in a laboratory, a drilling engineer will be the best fit for you.
4. Oil Hauler
After extracting the oil from the earth, it had to be transported from the mining field to the refineries where it will be converted into useful products.
The job of the oil Hauler is to transport the extracted oil with trucks from the field to the refineries. If you like traveling across the country, this work will be a perfect fit for you in the Integrated oil companies.
5. Director of Operations
All the complex operations involved in the Integrated oil companies are brought together, controlled, and regulated by the Director of operations.
If you have a special skill in controlling the production, budget, distribution, marketing, sales, and purchasing of commodities, this job will be a perfect fit for you.
Why You should choose integrated oil companies?
Choosing the Integrated oil companies as a career path is a wise decision to make. However, you might doubt your mind and ask “why do I need to choose the Integrated oil companies as a career path?”
The reason you should choose the Integrated oil companies as a career path is because of the benefits associated with these Companies. Some of the benefits associated with integrated oil companies are:
1. Integrate oil companies are certified
Unlike some other companies that are neither recognized nor certified by government agencies, integrated oil companies such as Chevron and ExxonMobil are Certified by government agencies.
2. Job opportunities are vast
There are many job opportunities in integrated oil companies, therefore, you can easily get a job in the companies provided that you have relevant skills and qualifications.
3. The companies are well-financed
Integrated oil companies are well-financed, thus the chance of the companies being bankrupted and disrupted is very low.
This means that there is a low chance of losing your job if you choose the Integrated oil companies as a career path.
4. The workers are well paid
The annual salary earned by workers in the Integrated oil companies is relatively high compared to many other Industries. Choosing The Integrated oil companies as your career path is a way to getting your financial freedom.
Top 5 Integrated Oil Companies In The World
S/N | Company | Number Of Employees | Average Annual Revenue | Headquarters |
1. | Saudi Arabian Oil Company | 79,800 | $400,460 million | Saudi Arabia |
2. | Exxon Mobil Corporation | 64,000 | $285,640 million | USA |
3. | Royal dutch shell | 86,000 | $180,640 million | Netherlands |
4. | Chevron Corporation | 42,595 | $155,600 million | USA |
5. | Reliance industries | 236,330 | $63,659 million | India |
Summary – Is Integrated Oil Companies a Good Career Path?
Although choosing a career path is a challenging decision, it is a necessity. There are many career paths but not all are worthwhile. However, Integrated oil companies rank among the best career path you can choose.
There are many job opportunities in the Integrated oil companies and the workers are well paid. You should be assured by now that the answer to the question “Is Integrated oil companies a Good Career Path?” is Yes, it is a good career path, profitable and worthwhile.