Cloud hiring decreased by 21% in the oil and gas industry in Q4 2022

The global oil and gas industry experienced a 21% drop in new job postings related to cloud in Q4 2022 compared with the previous quarter. 

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Computer and mathematical occupations jobs accounted for a 55% share of the global oil and gas industry’s cloud-related total new job postings in Q4 2022, down 18% over the prior quarter. 

Computer and mathematical roles, with a share of 55%, emerged as the top cloud-related job roles within the oil and gas industry in Q4 2022, with the number of new job postings dropping by 18% quarter-on-quarter. Management occupations came in second with a share of 11% in Q4 2022, with new job postings dropping by 26% over the previous quarter. 

The other prominent cloud roles include business and financial operations occupations, with an 8% share in Q4 2022, and architecture and engineering positions, with a 6% share of new job postings.

The top companies, in terms of number of new job postings tracked by GlobalData as of Q4 2022, were Master Builders Solutions Deutschland, Koch Industries, BASF, Fugro and Sherwin-Williams. Together they accounted for a combined share of 33% of all cloud-related new jobs in the oil and gas industry. 

Master Builders Solutions Deutschland posted 467 cloud-related new jobs in Q4 2022, Koch Industries 382 jobs, BASF 90 jobs, Fugro 76 jobs and Sherwin-Williams 69 jobs, according to GlobalData’s Job Analytics. 

The largest share of cloud-related new job postings in the oil and gas industry in Q4 2022 was in the US with 45.8%, followed by Germany (15.5%) and India (9.4%). The share represented by the US was around ten percentage points higher than the 36.2% share it accounted for in Q3 2022.