2015 nigeria oil & gas salary survey - etr

7/21/2019 2015 Nigeria Oil & Gas Salary Survey - ETR

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NigerianOil & GasSalarySurvey

Industry guide on remuneration

Overview of 2014, expectations for 2015


2/10

Summary of Survey

Respondents 4000

Total Disciplines 23

Sectors

E & P, EPC, Subsea, and Oil Servicing


3/10

Energi Talent Resourcing has prepared the Nigeria Oil & Gas Salary Guide to provide in-depth analysisand valuable insight into salaries currently being offered to candidates as well as a brief job description ofeach position.

Our sincere thanks go to all the clients/candidates who took time out of their schedules to participate,the end result being the assembly of verified data, useful as a guide or benchmark, which can bereferenced by employees and employers alike.

2014 saw crude oil price remain relatively stable at $108 on average across Q1-Q3 with a severe decline inQ4 which saw prices fall to $54 per barrel. Nigerian domestic production also showed a slight increasefrom 2.14 mbd [2013] to 2.23 mbd [2014] average across Q1-Q4, with stable production sustaininggrowth in recruitment and allowed for movement of professionals.

On average, companies in the Oil & Gas sector continued to rely less on expatriate workers in 2014 andinstead focused more on identifying and recruiting qualified Nigerian talent from the local andinternational talent pool. We predict that this trend will continue into 2015 as local content requirementscoupled with cost reduction initiates will see more expatriates being replaced by qualified Nigerians.

Overview

About Energi TalentResourcing

Energi Talent Resourcing area specialist technicalrecruitment partner to the

whole of the Oil & Gas andPower sector; finding andplacing market-leadingtalent.

03Industry Guide On Renumeration


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Average Annual Salary by Area of Discipline

Commercial/Business Development

Construction/Installation

Commissioning

Drilling

Electrical

Cost Engineer/Estimator

Geoscience

HSE

Instrumentation, Controls & Automation

LogisticsMarine

Mechanical

Piping/Pipeline

Process Engineering

Production Engineer/Management

Project Control/Management

QA/QC

Petroleum/Reservoir Engineering

Structural Engineering

Subsea Engineering

Procurement/Supply chain

Technical/Process Safety

Admin/Support

Discipline Entry/Intermediate (N)

4,500,000

6,200,000

5,400,000

16,388,000

5,750,000

4,900,000

14,500,000

6,300,000

5,000,000

4,000,0003,900,000

6,250,000

4,500,000

4,200,000

12,625,000

8,500,000

5,700,000

14,500,000

5,000,000

7,200,000

5,850,000

5,400,000

6,875,000

9,000,000

12,300,000

11,400,000

23,750,000

10,750,000

15,750,000

29,750,000

10,800,000

9,500,000

7,000,0008,800,000

11,000,000

9,000,000

9,750,000

21,500,000

15,600,000

12,000,000

28,000,000

12,000,000

11,400,000

14,900,00

12,000,000

15,700,000

7,106,000 13,943,182

The summary of the data shows Drilling, Geosciences, Production management and Petroleum/Reservoirengineering as the highest paying disciplines in the Nigerian Oil & Gas sector. These disciplines form the core of thindustry and require highly specialized professionals with skill sets that are integral to production and can havedirect impact on production figures.Other high paying disciplines include project management/controls and cost estimators.

Senior/Manager (N

Industry Average



5/10

USD Naira Equivalent

194,2881176

Naira Equivalent

37,815

Average Expatriate Contractor Day Rates

Average Local Contractor Day Rates

*all conversions from Naira to USD and vice versa

have been adjusted to reflect current exchange ratesof N182 to 1USD as at 8th January, 2015.

USD

207


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Average Net Day Rates for Local Contractorsacross Multiple Disciplines

Project Coordinator

Project Controls Engineer

Project Quality Manager

Project Account

Project Engineer

QIT SSHE Project Advisor

Construction Supervisor

Site Safety Advisor

Planning Engineer

Methods Engineer

Completions Engineer

Design Engineer

Mechanical Engineer

Structural Engineer

Electrical Engineer

Process Engineer

Contracts Engineer

Document Control

QC Coordinator

Buyer

Piping Inspector

Subsea Material Coordinator

Radio Operator

RiggerHUC Coordinator

Job Title USD

431

137

335

181

252

439

219

120

247

83

192

186

219

203

263

225

102

192

154

96

219

144

111

72170

78,493

25,000

61,000

33,000

45,933

80,000

40,000

22,000

45,000

15,235

35,000

34,000

39,999

37,000

48,000

41,000

18,625

35,000

28,117

17,628

40,000

26,355

20,283

13,10831,000

The contractor day rates shown here is a representation of average day rates paidacross several oil majors and indigenous independents, showing uniformity with veryslight deviations between organizations.

Naira Equivalent



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Average Net Day Rates for ExpatriateContractors across Multiple Disciplines

Naira Equivalent

Rotating Equipment Engineer

Completions Engineer

Construction Site Leader

Terminal Leader

Systems Completions Lead

I & E Advisor

Instrucment Advisor

Instrument Technician

Service Panel Operator

Rotating Equipment Engineer

Geologist

Senior Surveyor

Security Consultant

QA/QC Inspector

Planning Engineer

Principal Process Engineer

Project Cost Controller

Planning Engineer

Inspection Execution Lead

Operational Procurement Manager

Offshore Superintendent

Construction Supervisor

Instrument Advisor

Project Control/Planning AdvisorMarine Advisor

Drilling Superintendent

Well Supply Lead

Job Title USD

750

1,220

884

472

641

600

750

1,400

900

545

750

1,167

1,000

890

820

548

1,148

415

569

3,150

1,344

624

1,440

1,4611,032

1,200

1,010

136,500

222,040

160,888

85,995

116,707

109,200

136,500

254,800

163,800

99,358.71

136,500

212,394

182,000

161,980

149,240

99,819

208,948

75,530

103,655

573,300

244,608

113,568

262,080

265,902187,824

218,400

183,919



8/10

In general, the industry has offered very attractive remuneration for employees from Q1 Q4 of 2014 with optimism for growth in both opportunities and compensation projectedfor 2015.

With the oil majors pushing operations deepwater, a whole new wave of skill sets arerequired to support their exploration and production activities. This has seen a demand for

specialized personnel with high technical expertise and has also revealed a serious skillshortage within several disciplines. This skill shortage can be addressed by trainings orattachment of a qualified Nigerian understudy to an expatriate with that work function.

Our position as the leading Oil & Gas and Power recruiting agency in the Nigerian markethas allowed unique access to both employers and employees, and with constantengagement, shown their challenges and wins in our dynamic industry. We hope tocontinually share information and solutions beneficial to the overall growth of the sectorand will again like to thank everyone for being part of this first step.

Conclusion


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Contact Us for More Information

22A Rasheed Alaba WilliamsLekki, Lagos, Nigeria. +234(01) 2774699, 2770768 +234(01) 2774697, 2774698 ETR_Nigeria [email protected] www.energitalent.com

2015 nigeria oil & gas salary survey - etr

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