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Oil Companies in Nigeria Salary Structure | How Oil Companies Pays Workers in PH

Oil Companies in Nigeria Salary Structure | How Oil Companies Pays Workers in PH.

 

    Oil Companies in Nigeria Salary Structure | in this article, I will be explaining in detail, HowOil companies in Nigeria pays workers in Port Harcourt. I will help you understand everything by making my explanations very simple. All you need to do is to stay focus and read through.

 

Oil Companies in Nigeria Salary StructureOil Companies in Nigeria Salary Structure

 

Many graduates will comfortably choose Oil company jobs due to Job standards and payment structure. For example, report shows that high ranking Oil and gas professionals in the cadre of senior staffs, managers and directors are earning as much as N20,000,000 – N50,000,000 or even more per annum depending on the type of job position and company in which they are located.

How Oil Companies Pays Workers in PH

 

  1. TOTAL E&P NIGERIA

 

Entry Level Salary: N7, 000,000 – N12, 000,000 / year

Total is arguably the highest paying company in Nigeria today, with about 1700 employees.​

 

  1. EXXONMOBIL

 

Entry Level Salary: N6, 000,000 – N10, 000,000 / year

ExxonMobil, through her two upstream subsidiary companies, is the second largest oil producer in Nigeria, with a cumulative total of up to 4 million deep-water/shallow-water offshore acreage.​

 

  1. CHEVRON NIGERIA

 

Entry Level Salary: N6, 000,000 – N9, 000,000 / year

Chevron is the third-largest oil producer in Nigeria with a daily production capacity of over 230,000 barrels of crude oil.​

 

  1. SHELL NIGERIA

 

Entry Level Salary: N3, 360,000 – N7, 800,000 / year

Shell Nigeria is the oldest and the largest oil producer in the country. It produces over 600,000 barrels per day (about 21% of Nigeria’s daily output) with about 6000 employees of which about 90% are Nigerian nationals, including its current MD.​

 

  1. AITEO EASTERN E&P

 

Entry Level: N3,600,000 – N5,000,000 / year

Aiteo is an upwardly mobile Nigerian independent E&P company with ambitious interest in some of the world’s most significant basins.​

 

  1. SCHLUMBERGER NIGERIA

 

Entry Level: N3,600,000 – N6,000,000 / year

Schlumberger is a multinational E&P oilfield service provider specializing in technology, information and management solutions in both the midstream and upstream sub-sectors.​

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  1. HALLIBURTON NIGERIA

 

Entry Level: N3, 600,000 – 4,500,000 / year

Halliburton is a multinational upstream E&P service provider specializing in operational and reservoir solutions.​

 

  1. SAIPEM NIGERIA

 

Entry Level: N2, 400,000 – N4, 800,000 / year

Saipem Nigeria is subsidiary company of Italian oil giant.​

 

  1. SEPLAT PETROLEUM

 

Entry Level: N2, 400,000 – N4, 800,000 / year

Seplat is a front line Nigerian independent upstream E&P company listed in both Nigeria and London stock exchange.​

 

  1. OANDO GROUP

 

Entry Level: N1, 800,000 – N4, 800,000 / year

Oando is Nigeria’s first IOC with annual revenue of $1.9 billion in as far back as 2010.​

 

  1. CONOIL

 

Entry Level: N1,800,000 – N3,600,000 / year

Conoil is an indigenous IOC with about 6 blocks in the Niger Delta and 25% Equity stake in the Block 4 of Joint Development Zone (JDZ)​

Oil and Gas Company in Nigeria Requirement

 

The following are things about employee profile that tend to make some difference:

 

Major Area of Study – Oil Companies tend to pay higher salaries to employees with rare oil-industry-specific-skills and training. Stuffs like Petroleum Economics, Petroleum Engineering, and Geosciences are among the hottest Majors.

 

School Attended, Grade Earned and Certifications Obtained – There are exceptions to this one though depending on your area of focus. (While some companies may give preference to candidates with foreign M.sc degrees, others like Shell are said to give more credence to high-performance-skills than academic credentials when considering let’s say field workers for example.)

 

Relevant Experience – When it comes down to it, nothing would make more difference than the good old experience. That’s why many Petroleum Industry professionals usually advice newcomers to do all it takes to build up their experience profile – yes, even if it means working a while (for little or nothing) with a licensed Oil and Gas sub-contractor.

 

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