Petroleum engineering is one of the most stressed streams of study at this point of time and is considered as one of the most highly paid job stream if you have perfect skills.
It basically deals with the process of handling crude oil or other kinds of combustion fuels, each associate of crude that we know is separated from a large number or series of processes and are all of them cannot be done under one same engineer as they are so huge and even a slight mistake may lead to waste of such scarce resources. They are usually divided among different engineers who handles parts of the process, not only he process but storing of the same requires a lot of care. Transportation is entirely done by different team of engineers, since it can be seen that the number of persons required under this industry are huge and all of them should have expertise in the same and this has been a recent subject so the number of students who have this as their subject is less when compared to the demand. Hence there is a high requirements of the same each company involved in such activity is paying a handsome amount of money for the same.
This industry or this kind of skill set cannot be used in any other part and hence it gives them more time to focus on the core activity what they learn during the years is applied solely in their job. The companies who manage to do this business needs heavy investment in the equipment’s that are required and skilled team that can assemble and start the work of extracting.
The basic industry average of the industry for petroleum engineers are higher than that of the other streams of engineer.
The job of the same need not be overstated as everything around us runs on petrol or diesel, considering all this the government had made sure that no monopoly is created and is ensuring that they charge and maintain consistent flow of the same and also makes sure that the extraction process is not carried out at an extensive scale as that would affect the future generations and hence they are to be controlled.
What Australia is offering?
Australia is also getting involved in the extraction process as it has access to the sea it had made sure that they utilize the resources that they can so that they don’t have to depend upon other countries for the same. This process of development as previously said requires lot of minds that think and posses such knowledge. If they are trying to purchase the idea how efficiently the developed countries have done, the developed countries are not supporting and hence they are opting for other option of getting the engineers that worked their by paying them excess rather than investing in the plans and then employing Australian engineer and hence there is a big opportunity for those who want to shift and gt paid on a big scale.
Average Australian get a salary of $60000 but they are offering more than $120000 for petroleum engineers with experience, which is a very good pay to take home.
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