New data released by the Australian Bureau of Statistics highlights the important contribution oil and gas exports play in supporting the ongoing growth of Australia’s economy. Oil and gas extraction value-added figures increased by 10.8 per cent in 2017-18 compared to the previous year. This represents an all-time high of $30 billion, and it’s showing no sign of slowing down.
Liquified natural gas (LNG) exports alone increased by 39 per cent last year, putting Australia on track to be the world’s largest exporter of LNG. By the 2020s, LNG is estimated to account for about 2 per cent of our GDP. This affirms just how significant the industry, and in particular LNG, is to Australia’s economic growth and prosperity.
Over the past 10 years, the Australian oil and gas industry has invested more than $300 billion in the economy. This will continue to deliver economic growth for decades and new jobs as well. Many of these new hiring opportunities will be found in Melbourne, Perth and Brisbane, where the growth and capacity for oil and gas infrastructure is strong.
Engineering and procurement are the big winners
The growth in the oil and gas industry has created a multitude of positions for both engineers and procurement professionals.
For engineers, demand is increasing in various areas such as mechanical and production, civil and electrical engineering. There is also a growing need for engineers with management experience. Anyone with experience working on Australian sites is particularly in demand.
Procurement experience is another area that is in high demand in Melbourne, Perth and Brisbane. With several new projects in the pipeline, there is a necessity to maintain a steady supply of essential materials and equipment. These projects include the Browse Upstream Development in Western Australia, the Surat Gas Project in Queensland and the Gorgon LNG Train, which is part of one of the world’s largest natural gas projects.
Many of these positions offer the security of long-term contracts, allowing employees the opportunity for growth and development within the role. For those who may need to relocate interstate for a position, a Living Away from Home Allowance (LAFHA) may even be available.
There is no limit to the opportunities that Melbourne, Brisbane and Perth’s oil and gas industry can offer in terms of job diversity and career path. If you would like to know more about the type of roles available, get in touch with us.
