Scope Of Petroleum Engineering in India: Jobs, Salary, Opportunities

Scope Of Petroleum Engineering in India: Jobs, Salary, Opportunities

Edited By Team Careers360 | Updated on Jul 19, 2024 09:43 AM IST | #B.E /B.Tech

Petroleum engineering is a sub-field of mining engineering that focuses on the production and extraction of hydrocarbons, such as natural gas and crude oil. India ranks third among the world's oil and gas consumers, and demand for these resources will only continue to grow in the coming years. In order to help meet this increasing requirement, Petroleum Engineers are in great demand in India. In addition, the Indian government has declared plans to boost domestic oil and gas production, which will likely result in a higher need for Petroleum Engineers in the nation.

Additionally, there are several research institutions and universities in India that offer courses and research opportunities in petroleum engineering.

There are numerous career possibilities in the petroleum engineering sector in India. The following are some of the most prominent occupations and industries where petroleum engineers can find employment:

Exploration and Production (E&P)

The purpose of exploration includes years of investigating and locating an area in regards to its geological history, for potential extractions and to estimate the volume of hydrocarbons. India has a lot of potential for petroleum exploration, and production, with both onshore and offshore regions providing opportunities for hydrocarbon discoveries.

Petroleum engineers are employed by major oil and gas firms such as Oil and Natural Gas Corporation (ONGC), Oil India Limited (OIL), and Indian Oil Corporation Limited (IOCL). These organisations are engaged in drilling operations, reservoir modelling, production optimisation, and planning for field development.

These companies provide petroleum engineers in India with a variety of employment options. Some of the important roles include Reservoir Engineer, Drilling Engineer, Production Engineer, Facilities Engineer, Petroleum Economist, Well Testing Engineer, Health & Safety engineer (HSE), and Environment engineers. Apart from it this sector provides other employment needs that demand technical knowledge, project management abilities, and an emphasis on optimising hydrocarbon production while maintaining security and long-term environmental sustainability.

Oilfield Services

When we talk about oilfield services, we're talking about a variety of specialised services and tools that are offered to the oil and gas sector to assist operations like exploration, drilling, production, and reservoir management. Typically, organisations that specialise in various facets of the upstream industry offer these services. The major companies in this sector include Schlumberger, Halliburton, and Baker Hughes, which provide oilfield services. They have a vast range of knowledge, tools, and technology to assist worldwide oil and gas operations. These companies work in conjunction with exploration and production firms to provide effective and affordable solutions, eventually assisting in the accomplishment of oil and gas projects.

Some typical services include Drilling Services, Well Services, Sesame Services, Reservoir Evaluation and Management, Production services, and Engineering Consulting Services. Therefore, petroleum engineers are employed by them for jobs in well logging, well testing, reservoir appraisal, drilling engineering, and production improvement.

Within oilfield services, petroleum engineers can also choose from varied roles such as Drilling Engineer, Well Completion Engineer, Production Enhancement Engineer, Reservoir Evaluation Engineer, Well Testing Engineer, Production Logging Engineer, Well Intervention Engineer, and Production Chemistry Engineer. Moreover, other categories of employment in this field offer a wide range of technical solutions and expertise to assist oil and gas operations. They play a crucial role in ensuring the effectiveness and performance of these services, which are provided by these oilfield services companies.

Refining and Petrochemical

Refining and petrochemical services are important components of the downstream sector in the oil and gas industry. It manufactures petrochemicals and refines crude oil into a variety of goods. They are able to assist in refinery process design and optimisation, product quality control, and plant operations. There are several refineries and petrochemical companies in India, such as Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), Reliance Industries Limited, Hindustan Petroleum Corporation Limited (HPCL), Gas Authority of India Limited (GAIL), and Haldia Petrochemicals Limited, which are crucial in supplying the need for chemicals, consumer goods made from petroleum, and transportation fuels.

Petroleum engineers have a variety of employment options in the fields of petrochemicals and refining such as Process Engineer, Operations Engineer, Process Safety Engineer, Project Engineer, Environmental Engineer, Research and Development Engineer, Technical Sales Engineer, and Quality Control Engineer. Moreover, these roles involve a blend of technical knowledge, project management abilities, technical sales support to the produced goods, devotion to minimising procedures, maintaining safety, and preserving product quality standards.While ensuring environmental sustainability and minimising the use of energy resources, petroleum engineers are employed in this profession to produce and manage high-quality fuels, petrochemicals, and other useful goods.

Overall, the field of refining and petrochemicals in petroleum engineering is very broad and provides opportunities to work on numerous downstream industry areas.

Research and Development

The petroleum engineering R&D institutes and centres seek to increase operational efficiency, lower costs, increase recovery rates, and deal with environmental and sustainability issues. The results of the research enhance India's goals for energy security and development of the country's petroleum industry.

Research organisations, government agencies, and academic institutions such as the Institute of Oil and Gas Production Technology (IOGPT), Technology Development Centres, the Indian School of Mines (ISM), Dhanbad, the Indian Institute of Petroleum (IIP), Oil India Limited (OIL), and Collaborative Research Projects provide petroleum engineers the opportunity to participate in research and development efforts. Some job roles in this sector are Research Engineer, Data Scientist, Petrophysical Analyst, Computational Modeling Engineer, Technology Development Engineer, and Product Development Engineer.

They concentrate on building new technologies, enhancing extraction techniques, researching reservoir behaviour, and seek solutions to challenges faced by the industry.

Consulting Firms

Petroleum engineering and associated sectors are provided with services by a number of consulting companies in India, such as Schlumberger, Halliburton, Baker Hughes, Accenture, Deloitte, and KBR. They collaborate with oil and gas corporations, governmental organisations, and other sectors to offer technical expertise and guidance services to their clients.

Petroleum engineers can be employed in various job roles such as Asset Management Consultant, Economic and Financial Analyst, Environmental and Regulatory Consultant, Risk Management Consultant, Facilities Engineer, Reservoir Engineer, Drilling and Completion Engineer and Production Optimization Engineer. They offer specialised expertise and support in a variety of areas of petroleum engineering, including exploration, production, refining, and environmental management. Additionally, projects including reservoir management, field development planning, economic analysis, and risk assessment may fall under their respective roles.

Regulatory and Government Agencies

The development, sustainability, and safety of the oil and gas industry in India are ensured by regulatory and governmental organisations such as the Ministry of Petroleum and Natural Gas (MoPNG), the Directorate General of Hydrocarbons (DGH), the Petroleum Planning and Analysis Cell (PPAC), the Petroleum and Natural Gas Regulatory Board (PNGRB), and the Oil Industry Safety Directorate (OISD).

In this particular sector, petroleum engineers can take part in the formulation of policies, resource evaluation, environmental compliance, and safety requirements. Various job roles fall under this sector of petroleum engineering are Technical Specialist, Environmental engineers or specialists, Reservoir engineers or analysts, Drilling and Well Engineering Specialists, Safety Engineers or specialists, Compliance Officers, and Policy Analysts. In addition to that, they can also be involved in issuing licences and offer monitoring to promote ethical and effective activities in the industry.

Academics

By working as faculty members at universities and colleges, petroleum engineers might pursue a career in research and teaching. They can carry out specialised research, educate prospective engineers, and contribute to academic publications.

With the growing advancement of technology, scenarios in the petroleum industry are also in transition. Which brings challenges and, along with that, many diversified opportunities for engineers in this field to evolve, adapt, and develop a varied range of skills. By going along with the transition and adapting themselves to the respective situations, petroleum engineers can make valuable contributions to India’s energy landscape.

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