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Nigerian Oil & Gas Salary Survey Industry guide on remuneration Overview of 2014, expectations for 2015
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Nigerian Oil & GasSalary Survey
Industry guide on remuneration
Overview of 2014, expectations for 2015
Summary of Survey
Respondents 4000
Total Disciplines 23
SectorsE & P, EPC, Subsea, and Oil Servicing
Energi Talent Resourcing has prepared the Nigeria Oil & Gas Salary Guide to provide in-depth analysis
and valuable insight into salaries currently being offered to candidates as well as a brief job description of
each 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 be
referenced by employees and employers alike.
2014 saw crude oil price remain relatively stable at $108 on average across Q1-Q3 with a severe decline in Q4 which saw prices fall to $54 per barrel. Nigerian domestic production also showed a slight increase from 2.14 mbd [2013] to 2.23 mbd [2014] average across Q1-Q4, with stable production sustaining
growth 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 and instead focused more on identifying and recruiting qualified Nigerian talent from the local and international talent pool. We predict that this trend will continue into 2015 as local content requirements
coupled with cost reduction initiates will see more expatriates being replaced by qualified Nigerians.
Overview
About Energi Talent
Resourcing
Energi Talent Resourcing are
a specialist technical
recruitment partner to the
whole of the Oil & Gas and
Power sector; finding and
placing market-leading
talent.
03Industry Guide On Renumeration
Summary of Survey
Respondents 4000
Total Disciplines 23
SectorsE & P, EPC, Subsea, and Oil Servicing
Energi Talent Resourcing has prepared the Nigeria Oil & Gas Salary Guide to provide in-depth analysis
and valuable insight into salaries currently being offered to candidates as well as a brief job description of
each 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 be
referenced by employees and employers alike.
2014 saw crude oil price remain relatively stable at $108 on average across Q1-Q3 with a severe decline in Q4 which saw prices fall to $54 per barrel. Nigerian domestic production also showed a slight increase from 2.14 mbd [2013] to 2.23 mbd [2014] average across Q1-Q4, with stable production sustaining
growth 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 and instead focused more on identifying and recruiting qualified Nigerian talent from the local and international talent pool. We predict that this trend will continue into 2015 as local content requirements
coupled with cost reduction initiates will see more expatriates being replaced by qualified Nigerians.
Overview
About Energi Talent
Resourcing
Energi Talent Resourcing are
a specialist technical
recruitment partner to the
whole of the Oil & Gas and
Power sector; finding and
placing market-leading
talent.
03Industry Guide On Renumeration
USD Naira Equivalent
194,2881176
Naira Equivalent
37,815
Average Expatriate Contractor Day Rates
Average Local Contractor Day Rates
Average Annual Salary by Area of Discipline
Commercial/Business Development
Construction/Installation
Commissioning
Drilling
Electrical
Cost Engineer/Estimator
Geoscience
HSE
Instrumentation, Controls & Automation
Logistics
Marine
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
4,000,000
3,900,000
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
7,000,000
8,800,000
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/Reservoir engineering as the highest paying disciplines in the Nigerian Oil & Gas sector. These disciplines form the core of the
industry and require highly specialized professionals with skill sets that are integral to production and can have direct impact on production figures.
Other high paying disciplines include project management/controls and cost estimators.
*all conversions from Naira to USD and vice versa have been adjusted to reflect current exchange rates
of N182 to 1USD as at 8th January, 2015.
Senior/Manager (N)
Industry Average
USD
207
04Industry Guide On Renumeration
USD Naira Equivalent
194,2881176
Naira Equivalent
37,815
Average Expatriate Contractor Day Rates
Average Local Contractor Day Rates
Average Annual Salary by Area of Discipline
Commercial/Business Development
Construction/Installation
Commissioning
Drilling
Electrical
Cost Engineer/Estimator
Geoscience
HSE
Instrumentation, Controls & Automation
Logistics
Marine
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
4,000,000
3,900,000
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
7,000,000
8,800,000
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/Reservoir engineering as the highest paying disciplines in the Nigerian Oil & Gas sector. These disciplines form the core of the
industry and require highly specialized professionals with skill sets that are integral to production and can have direct impact on production figures.
Other high paying disciplines include project management/controls and cost estimators.
*all conversions from Naira to USD and vice versa have been adjusted to reflect current exchange rates
of N182 to 1USD as at 8th January, 2015.
Senior/Manager (N)
Industry Average
USD
207
04Industry Guide On Renumeration
Average Net Day Rates for Local Contractors across 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
Rigger
HUC 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
72
170
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
13,108
31,000
Average Net Day Rates for Expatriate Contractors 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 Advisor
Marine 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
1,461
1,032
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
265,902
187,824
218,400
183,919The contractor day rates shown here is a representation of average day rates paid
across several oil majors and indigenous independents, showing uniformity with very
slight deviations between organizations.
Naira Equivalent
07Industry Guide On Renumeration06Industry Guide On Renumeration
Average Net Day Rates for Local Contractors across 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
Rigger
HUC 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
72
170
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
13,108
31,000
Average Net Day Rates for Expatriate Contractors 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 Advisor
Marine 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
1,461
1,032
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
265,902
187,824
218,400
183,919The contractor day rates shown here is a representation of average day rates paid
across several oil majors and indigenous independents, showing uniformity with very
slight deviations between organizations.
Naira Equivalent
07Industry Guide On Renumeration06Industry Guide On Renumeration
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 projected for 2015.
With the oil majors pushing operations deepwater, a whole new wave of skill sets are required 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 skill shortage within several disciplines. This skill shortage can be addressed by trainings or attachment 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 market has allowed unique access to both employers and employees, and with constant engagement, shown their challenges and wins in our dynamic industry. We hope to continually share information and solutions beneficial to the overall growth of the sector and will again like to thank everyone for being part of this first step.
Conclusion
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 projected for 2015.
With the oil majors pushing operations deepwater, a whole new wave of skill sets are required 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 skill shortage within several disciplines. This skill shortage can be addressed by trainings or attachment 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 market has allowed unique access to both employers and employees, and with constant engagement, shown their challenges and wins in our dynamic industry. We hope to continually share information and solutions beneficial to the overall growth of the sector and will again like to thank everyone for being part of this first step.
Conclusion
Contact Us for More Information
22A Rasheed Alaba Williams
Lekki, Lagos, Nigeria.
+234(01) 2774699, 2770768
+234(01) 2774697, 2774698
ETR_Nigeria
www.energitalent.com
