Petroleum Engineer Salaries in Nigeria 2023/2024 (Things to Know)

Is There A Future For Petroleum Engineers?
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Are you looking for info on petroleum engineer salaries in Nigeria? You are at the right place. Here we give you petroleum engineer salaries and other things to know about the field.

Petroleum engineers are directly involved in the exploration of petroleum, both onshore and offshore. They are critical parts of any country blessed with petroleum.

Nigeria is one such country with about 70% of the government revenue coming majorly from the oil and gas industry. As a result of this, petroleum engineering is a good career option for you as a Nigerian. 

 Almost every Nigerian dreams of working in the oil and gas industry. This is understandable as the sector offers excellent remuneration that is at par with what they make even in developed countries.

Becoming a Petroleum engineer will put you in a good position to get into the industry as multinational oil companies need their services for their operations in Nigeria. 

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 Although the salaries of Petroleum Engineers in Nigeria are attractive, they depend mainly on the standard of the company the engineer is working for, the years of experience as well as their post.

This post will bring to you estimations of the monthly take-home pay of Petroleum Engineers in Nigeria by the various multinational as well as indigenous oil companies operating within Nigeria. 

Salary Structure of Oil Companies Operating in Nigeria

Total Nigeria

 A French multinational company, Total has been in operation in Nigeria for a long time. It is extensively into the exploration as well as the production of oil and gas in Nigeria.

Total Nigeria offers an excellent salary for Petroleum engineers that ranges between ₦500,000 – ₦1,000,000 monthly. This pay ranks among the very best in the industry.

Shell Nigeria

 Easily the biggest as well as the oldest oil company to have been in operation in Nigeria. It has strong staff strength.

As a testimonial to its leadership position in the industry, it supplies a large chunk of the petroleum products that Nigerians consume daily.

It is also one of the major companies that take its corporate social responsibility duties to its host community and the nation at large seriously.

 If you were to work as a Petroleum Engineer in Shell Nigeria, your salary would range between ₦400,000 – ₦700,000 monthly.

Oando PLC

 This is a wholly Nigerian oil company that has been able to hold its own in the oil and gas industry over time. It is quite popular, and its various outlets are easily seen all over Nigeria.

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Oando PLC offers Petroleum engineers a salary in the range of ₦200,000 – ₦600,000 every month. 

Conoil

This is also a wholly Nigerian oil company. It is a child of the Chairman of the giant telecommunication Globacom, Chief Michael Adenuga.

The company focuses on the downstream oil sector as it deals mostly in the marketing of petroleum products. Still, it employs Petroleum engineers with a salary range of ₦150,000 – ₦500,000 monthly.

Chevron Nigeria

 This is a joint venture company. It is owned by both the Nigerian National Petroleum Corporation (NNPC) and Chevron.

It is a significant player in the upstream sector of the oil and gas industry as it has a primary focus on oil exploration. A salary for you as a Petroleum Engineer in this company will range between ₦250,000 – ₦700,000 monthly. 

ExxonMobil Nigeria

  This company is another joint venture company between the NNPC and ExxonMobil Nigeria. It is also a significant player in the oil and gas industry in Nigeria.

It offers Petroleum engineers a monthly take-home pay that ranges between ₦500,000 – ₦800,000. 

Other major companies in Nigeria operating in the oil and gas industry include the Nigerian Liquified Natural Gas (NLNG), as well as Halliburton Nigeria, Saipem, and some others.

The salaries they offer. Petroleum engineers are within the range of what the companies listed above offer. Usually, the larger the company, the more money it pays. 

Becoming a Petroleum Engineer in Nigeria

This is a science-oriented course; therefore, it requires a science combination at the ordinary level of education. You need to have credit passes in English language, Mathematics, Physics, Chemistry as well as Biology or any other science subject.

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This qualifies you to sit for the Unified Tertiary Matriculation Examination where you can choose a particular University to you wish to apply. 

Not many Universities in Nigeria offer Petroleum Engineering as a course of study. Some of those that offer it include: 

  • The Federal University of Technology, Owerri, Imo state.
  • University of Ibadan, Oyo state.
  • University of Port Harcourt, Rivers State.
  • Federal University of Petroleum Resources, Delta State. 

 As with all other engineering courses, the duration of petroleum engineering in the university in Nigeria is five years. After that, you get a Bachelor of Technology (BTech) in Petroleum Engineering.

As a graduate in Nigeria, you need to undergo the mandatory one-year National Youth Service Corps (NYSC) program.

After completing it (or being exempted from it due to age), you thereby qualify for a discharge certificate. The letter is, however, the prerequisite to seeking employment in any company or establishment in Nigeria.

Conclusion

One of the jobs with attractive salaries is petroleum engineering. So, if you want to build your career around this field, now you know what the pay is as well as the requirements.

Why are you still waiting? Go ahead and do the needful, then after a few years, you are already a petroleum engineer.

I hope you find this post useful.

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