With all that is happening in the oil and gas industry worldwide caused by the falling oil price leading to mass layoffs in some companies,is it advisable to still enroll for a master in petroleum engineering. Will applying to a top petroleum university like university of Texas at Austin guarantee me a job in any of the multinationals in the US.i have a very strong 2.1 in mechanical engineering.Thanks.

I believe personally that 'petroleum Engineering' is a course that limits you in terms of flexibility because you u can only work in the petroleum industry unlike Mechanical Engineering which has a broad scope, but since it's a Masters and not a first degree you can go for it cos you still have your 1st degree has back up.

maestro09:
With all that is happening in the oil and gas industry worldwide caused by the falling oil price leading to mass layoffs in some companies,is it advisable to still enroll for a master in petroleum engineering. Will applying to a top petroleum university like university of Texas at Austin guarantee me a job in any of the multinationals in the US.i have a very strong 2.1 in mechanical engineering.Thanks.

O' Yeah. Oil prices fall and rise again. That's the cycle. With all the massive layoffs now, so would come the re-recruiting when the price stabilises, as such, now is actually a good time to go for a Masters in Petroleum or Subsea Engineering.

kfrosh:
I believe personally that 'petroleum Engineering' is a course that limits you in terms of flexibility because you u can only work in the petroleum industry unlike Mechanical Engineering which has a broad scope, but since it's a Masters and not a first degree you can go for it cos you still have your 1st degree has back up.

You're right. . Petroleum Engineering isn't flexible unlike Chem, Mech and EE....

But as it stands, will oil price still rise soon?

I would say stick to Mechanical Engineering as it gives you more jobs options like folks above me said. Also there will be some flexibility at UT I'm sure and you can take 1-2 electives in Petroleum Engineering courses if that is your interest.
Good luck @maestro09

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