Hiring activity related to cybersecurity increased by a CAGR of 65% in the oil & gas industry since 2020

Powered by

The global oil & gas industry witnessed a 65% rise in compound annual growth rate (CAGR) in new job postings related to cybersecurity since 2020, according to GlobalData's Job Analytics database. New job postings increased by 96% year-on-year in 2021, and by 38% year-on-year in 2022.  

Notably, computer and mathematical occupations jobs accounted for 38% share of the global oil & gas industry’s cybersecurity-related new job postings since 2020.  

Computer and mathematical occupations drive cybersecurity-related hiring activity

Computer and mathematical occupations, with a share of 38%, emerged as the top cybersecurity-related job roles within the oil & gas industry since 2020, with new job postings rising by 113% year-on-year in 2021 and by 21% year-on-year in 2022.  

Business and financial operations occupations came in second with a share of 16%, with new job postings increasing by 37% year-on-year in 2021 and by 68% year-on-year in 2022.  

The other prominent cybersecurity roles include management occupations (12% share), architecture and engineering occupations (11% share), and installation, maintenance, and repair occupations (4% share).  

The top five companies in the oil & gas industry accounted for 36% of hiring activity

The top five companies, in terms of the number of new job postings tracked by GlobalData, since 2020 were Shell, Sika, Exxon Mobil, BASF, and Koch Industries. Together they accounted for a combined share of 36% of all cybersecurity-related new jobs in the oil & gas industry.  

Shell posted 1,655 cybersecurity-related jobs since 2020, followed by Exxon Mobil with 813 jobs and BASF with 492 jobs, according to GlobalData’s Job Analytics database.  

New job postings by Shell increased by 22% year-on-year in 2021 and rose by 53% year-on-year in 2022, while those by Exxon Mobil increased by 350% in 2021 but decreased by 34% in 2022.  

Hiring activity was driven by the US with a 36% share of total new job postings since 2020  

The largest share of cybersecurity-related new job postings in the oil & gas industry since 2020 was in the US with 36%, followed by India (12%) and Germany (10%). The share represented by the US decreased by four percentage points from 38% in 2021 to 34% in 2022.

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article. 

GlobalData’s Job Analytics database 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.