Australian Oil and Gas Jobs
Whether you are looking for a job in the Oil and Gas industry or simply have a passion for the industry, there are plenty of opportunities available. Whether you are looking to become a Production Technician, an Engineer or an Explorationist, you can find a job that suits you. There are also plenty of jobs available in the Marine industries, as well as in the Government and support industries. These jobs are all vital in helping to ensure the continued development of Australia’s natural resources.
Exploration
Considering Australia’s size, it is no surprise that the country has some of the most innovative companies in the business. Chevron Australia is no exception. Not only does it operate the country’s largest oil field, but it also manages one of Australia’s largest natural gas supply and distribution companies. The company also runs seaboard terminals and depots. Its Barrow Island field is the largest onshore oilfield in the country, and it boasts the country’s largest offshore gas production facility. It also manages Australia’s largest retail network under the Puma brand. Chevron is also one of the biggest companies in Australia, with nearly half a billion dollars in cash and assets. The company also has one of the largest treasury budgets in the nation, and manages Australia’s largest pension fund. Its eponymous subsidiary, Chevron Gas and Power, is responsible for delivering the country’s most efficient energy mix, and providing the best electricity prices in the country. Its other notable subsidiaries, Petronas and Petrotech, are responsible for providing Australia’s most efficient natural gas supply and distribution and the nation’s largest coal mine, respectively.
Production
Approximately 110,000 jobs are employed in the Australian oil and gas sector in 2019, down from 82,000 in 2014. Although this represents a decline of 24 per cent, the industry has shown steady growth over the past decade.
The Australian oil and gas sector has grown to become a key driver of the national economy. This has led to the development of billions of dollars in new investment. It has also provided a range of benefits to the local community. Hundreds of thousands of Australian jobs are dependent on reliable supply of oil and gas. Increasing competition from Asia affects the domestic supply, and many factories have closed down.
The industry is dominated by multinational firms. Australia has proved capacity in areas such as onshore and subsea structural engineering, mechanical and piping engineering, and electrical and process engineering. It has also been recognised as a leader in environmental controls and remote operations.
Increasing competition from Asia, low commodity prices and financial pressures have all impacted the industry. Many multinational firms have been forced to cut costs by retrenchment.
In an attempt to boost the industry, Australia’s Government has launched a number of initiatives to lower gas prices. These include the Port Kembla LNG import terminal expansion, and the Hunter Gas Pipeline. In addition, it has invested billions in new oil and gas developments. The industry’s development will continue over the next few decades, providing many jobs for Australians.
Decommissioning
Almost three decades after the first commercial oil wells were drilled in Australia, the country’s offshore oil and gas infrastructure is nearing the end of its lifecycle. Over the next few decades, more than 500 structures will need to be decommissioned in the country’s waters. The work will be expensive, with analysts estimating the cost could hit $40 billion.
There are a number of options for the government and industry, including the full removal of infrastructure. These may save enormous amounts of money, while also delivering better environmental outcomes. However, there is also a risk that smaller players may not be able to meet the cost of decommissioning. There is also a need to build the capability of the industry quickly.
The Australian government is taking decommissioning seriously. It has announced that by 2025, the Gibbsland Basin will be restored to its natural state. It has also proposed decommissioning the country’s offshore gas fields. It has also provided $230 million to help fund the expected work.
The centre has a team of researchers, operators, service suppliers, regulators and government officials to develop new decommissioning strategies. The centre’s goal is to develop a world-class decommissioning capability in Australia.
The centre has brought together a number of major oil companies, including ExxonMobil, BHP, Esso, Baker Hughes, Curtin University, National Energy Resources Australia and Linch Pin. It is also working with the Department of Industry, Science, Energy & Resources and contractors to ensure a safe and efficient decommissioning phase.
Government support
Increasingly complex offshore projects have created demand for different technologies and engineering design. With new developments, thousands of new jobs are expected to be created in Australia. Moreover, offshore pipelines are being built to ensure a continuous supply of products.
The Australian Government recognises the importance of providing expert advice and financial assistance to businesses. This helps to create more jobs and reduce the regulatory burden. It also works closely with G20 partners to support sustained economic growth.
In addition, the government has encouraged oil and gas industry centres of excellence to foster innovation. These centres are made up of clusters of research, supplier and tier one industry players. This enables the sector to develop new technologies and skills.
There are currently 2000km of pipelines under design in Australia. This represents a huge capital investment. These pipelines are vital to ensure a continuous supply of products. Moreover, offshore pipelines need to be designed and built to maintain structural integrity. This requires innovative R&D solutions.
These technologies include advanced front end engineering and design, electrical and process engineering services, computational geosciences, and safety enhancements. These developments are also contributing to the development of Australia’s floating LNG sector.
The industry and science community has launched the Gas Industry Social and Environmental Research Alliance (GISERA) in 2011. This initiative is funded by Australia Pacific LNG and the Commonwealth Scientific and Industrial Research Organisation. The aim is to develop sustainable development of the coal seam gas industry in Australia.
Labor market rebound starting in late 2025
During the oil price spike, the US shale industry enjoyed a record free cash flow, but operators are being a bit conservative when it comes to new projects. This is further accentuated by the expected spike in interest rates, which will make for a more difficult balance sheet.
Despite the omission, the oil and gas industry has been showing signs of life in the past few months. This is partly due to the rebound in oil prices, but also to supply constraints from Russia’s invasion of Ukraine. Among other things, the oil and gas industry is also experiencing the scourge of inflation, which is causing many operators to be cautious about their expansion plans.
In fact, a recent report from Rystad Energy estimates that the oil and gas industry will create nearly 120,000 new jobs between 2022 and 2027. This includes jobs created by skilled trades, such as construction workers, engineers, and carpenters, as well as high-skilled positions such as petroleum engineers. The industry will also need to find the capital to fund its expansions.
The industry is also leveraging the power of information technology, such as artificial intelligence (AI), robotics, and robotics to improve productivity, which is why some operators are using drones to complete their projects. Among other things, a drone can detect if an oil sands mine is leaking. This is important, because if a mine is leaking, it is a disaster waiting to happen.
Marine industries
Maritime industries are important to Australia’s economy. They include shipbuilding, boatbuilding, yachts, jet boats and offshore oil and gas. They employ thousands of Australians. It is estimated that 85% of Australia’s population lives within 50 kilometres of the sea.
Australia’s maritime industry is crucial to its way of life. The industry provides many services, including boatbuilding, fishing, shipbuilding, tourism, oil and gas, and aquaculture. It also operates cruise lines, domestic sea freighting, and canoes and kayaks.
The Australian government estimates that offshore oil and gas projects are worth $160 billion over the next five years. This will create 30,000 new jobs for Australian workers. However, there are some concerns about the effects of offshore activities on the environment.
The Australian government has asked the industry to demonstrate how they will manage the impact of their activities. They have outlined a number of requirements, including environmental plans and NOPSEMA. These regulations require that oil and gas activities are assessed for their potential environmental impacts.
The industry also faces major uncertainties, such as in the location of major operations. The location of major defence shipbuilding activities remains controversial.
The marine support sector is also facing severe economic pressures. A recent report by Deloitte Access Economics found that profit in this sector had decreased by 26% in the 2011-12 financial year compared to the previous year. The report also found that the cost of labour has risen sharply in the last few years. This has had a negative impact on the competitiveness of the industry.