Category: Oil and Gas

The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transporting (often by oil tankers and pipelines), and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum (oil) is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The industry is usually divided into three major components: upstream, midstream, and downstream. Midstream operations are often included in the downstream category.

There are a great variety of opportunities within the global offshore oil and gas industry. Nigeria’s economic security is also tied to its offshore oil and gas reserves. Over the last decade the sector has benefited from a considerable surge in exploration and investment activity, driven by rising demand for energy and raw materials in developing Nigeria’s economy. The industry generates a lot of jobs nationally, and many of these jobs are highly skilled and specialized. Oil and gas workers earn twice the national average salary and create seven times the average value earned per annum, money that is spent in local communities.

Oil and Gas job vacancies are usually advertised by Jobinformant.com.