The global oil and gas industry experienced a 39% drop in new job postings related to artificial intelligence in Q3 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 46% decrease versus Q3 2022. GlobalData’s Oil & Gas: Hiring Trends & Signals Q3 2023 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the oil & gas industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Computer and Mathematical Occupations jobs accounted for a 23% share of the global oil and gas industry’s artificial intelligence-related total new job postings in Q3 2023, down 42% over the prior quarter.
Computer and Mathematical Occupations drive artificial intelligence-related hiring activity
Computer and Mathematical Occupations, with a share of 23%, emerged as the top artificial intelligence-related job roles within the oil and gas industry in Q3 2023, with new job postings drop by 42% quarter-on-quarter. Architecture and Engineering Occupations came in second with a share of 8% in Q3 2023, with new job postings dropping by 33% over the previous quarter.
The other prominent artificial intelligence roles include Management Occupations with a 6% share in Q3 2023, Business and Financial Operations Occupations with a 5% share of new job postings.
Top five companies in oil and gas industry accounted for 29% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q3 2023 were BASF, Shell, Oceaneering International, SOL, and Sherwin-Williams. Together they accounted for a combined share of 29% of all artificial intelligence-related new jobs in the oil and gas industry.
BASF posted 123 artificial intelligence-related new jobs in Q3 2023, Shell 93 jobs, Oceaneering International 77 jobs, SOL 76 jobs, and Sherwin-Williams 64 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 37.11% share of total new job postings, Q3 2023
The largest share of artificial intelligence-related new job postings in the oil and gas industry in Q3 2023 was in the US with 37.11% followed by Italy (17.18%) and Germany (7.32%). The share represented by the US was three percentage points higher than the 34.26% share it accounted for in Q2 2023.
For further understanding of GlobalData's Oil & Gas: Hiring Trends & Signals Q3 2023, buy the report here.
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GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
