O&G is an industry that really values your communication skills as you will need to work in a multi-disciplinary team. If you are a geologist, you will work with Drlling, Petrophysics etc to get your data, your interpretation of that data (your structural maps, your faults, your interpretation of where the good reservoir is located) will be used by the reservoir engineer to plan their wells, to do their business plans etc. You will need to defend your interpretation, you will need to convince your peers and superiors that the well which will cost USD10 million minimum will be a good well etc.
Networking (I think I've said this soooooo many times in this thread) is extremely important as in this industry technology is king and if there is a vendor out there who has a better technology that can save your asset team money, you need to know how to contact that vendor. The SPE (Society of Petroleum Engineers) are one of the most respected and (a must joined society even for geologists) active society in the O&G industry. Check-out their websites and join if you can.
One of the first boss I had when I joined the industry had this to say ... your university degrees sets you up for the interview but networking in this industry sets you up for your career.
Experience counts. In this industry as I mentioned before, your salary or your value to the industry increases in 5's. 5 year experience, you are valuable to outside companies (vendors etc), 10 years experience, you value increase 2 fold as you can now demand 10K USD minimum from Overseas Operators, 15 years experience, your value jumps again and once you reach 20 years, you've got mojo ... headhunters will be calling you everyday and I know of a close friend who is currently negotiating a package worth a minimum of USD600K a year (he's aiming for USD700k) with a minimum contract of 2 years (he's aiming for 4 years). That's close to 9 million ringgit for a 4 year contract.
The industry has a very long term view. It takes at least 5-6 years to develop a field that has just been discovered (i.e. if you discover the field in 2011, the first oil/gas will only be produced in 2016/2017 or maybe longer) so if you are a fresh grad, you need to have a long term view of your career as well. I'll be in my 15th year in May next year (it'll be 15 years in my CV once 2012 comes over anyway ....), I'll be happy with 6 million for a 4 year contract.
Hello Mr. Azraeil,
Im curious what kind of position (management or engineer) do you and/or your friend undertake that could have lead such a highly paid contract job position to both of you? It's okay if you do not want to display your job position here
And, I think I do need your advice here. Actually, I think im kinda interested in the sales/marketing stuff. I enjoy doing presentation and making commission based on my performance. But how exactly do sales engineer differ from sales executive? Kinda confused. I searched on the internet and found out that sales engineer is the one dealing with configuration while sales executive deals with negotiation. Correct me if I am wrong.