Hi all,

Just a quick one. I have a bachelors from Unilag (2.1) and an MSc in Finance from a good UK business school (not an a-list school like Oxford, Cambridge, or LBS oh). I have a year's internship programme commencing soon with JP Morgan (back office role) during which I intend to start a professional programme with either ACCA or CIMA (still looking to GOD for direction) but I'm not ready to be saddled with the demands the CFA programme (lazy boy abi? Lol). Nonetheless, I have a keen interest in investment banking and private equity (anything finance or with a blend of accounting basically) at the same time oil and gas remuneration package is a very tempting one (indecision). My major worry about a career in the oil and gas industry is progression which may not be as rapid as a career in a proper finance house (given that finance and other non technical roles are regarded as 'support roles'), I may be wrong. If I decide to pursue a career in oil and gas, will my experience in JP Morgan count much? Are there solid finance roles in oil and gas firms that entail investments? I have a funny feeling that the roles are just accounting (book keeping) type roles.

I need clarification and advice please thanks.

O'neil:
Hi all,

Just a quick one. I have a bachelors from Unilag (2.1) and an MSc in Finance from a good UK business school (not an a-list school like Oxford, Cambridge, or LBS oh). I have a year's internship programme commencing soon with JP Morgan (back office role) during which I intend to start a professional programme with either ACCA or CIMA (still looking to GOD for direction) but I'm not ready to be saddled with the demands the CFA programme (lazy boy abi? Lol). Nonetheless, I have a keen interest in investment banking and private equity (anything finance or with a blend of accounting basically) at the same time oil and gas remuneration package is a very tempting one (indecision). My major worry about a career in the oil and gas industry is progression which may not be as rapid as a career in a proper finance house (given that finance and other non technical roles are regarded as 'support roles'), I may be wrong. If I decide to pursue a career in oil and gas, will my experience in JP Morgan count much? Are there solid finance roles in oil and gas firms that entail investments? I have a funny feeling that the roles are just accounting (book keeping) type roles.

I need clarification and advice please thanks.

Yes there are. You have business analysts (who give advice on when to make investment decisions), commercial analysts and negotiators for example, who manage production sharing contracts and joint ventures (often with complicated equity arrangements), relationships with other shareholders in O&G facilities co-wned by different O&G firms. You also have O&G personnel involved in mergers and acquisitions, divestment and so on.

There are equity and investment type deals always being made in the O&G industry with people selling their shareholding, buying over other companies, etc.

Obviously you'll likely have to start at the bottom and learn the basics, but there are definitely career prospects. You'll likely have to work in a major centre/ head office location to get involved in many of these deals I'd suspect.

debosky:

Yes there are. You have business analysts (who give advice on when to make investment decisions), commercial analysts and negotiators for example, who manage production sharing contracts and joint ventures (often with complicated equity arrangements), relationships with other shareholders in O&G facilities co-wned by different O&G firms. You also have O&G personnel involved in mergers and acquisitions, divestment and so on.

There are equity and investment type deals always being made in the O&G industry with people selling their shareholding, buying over other companies, etc.

Obviously you'll likely have to start at the bottom and learn the basics, but there are definitely career prospects. You'll likely have to work in a major centre/ head office location to get involved in many of these deals I'd suspect.

Not necessarily head office for business/commercial analysts but definitely for mergers and acquisitions. Also, taxation, fiscal accounting and economic modelling are also other areas of interest to people with backgrounds similar to yours.

Thanks my Oga.

debosky: Thanks my Oga.

O serious o Debo

Thanks a lot for your reply Debosky and Naijababe.

That sounds like something I'll like to be involved in. Do you know anything about visa rules in US and Canada? I just rounded my MSc in London were I currently reside, my visa expires at the end of January after which I'm expected to vacate this place. My internship program with JP Morgan in the US begins in March and there's no guaranteed permanent employment afterwards. What are my chances of securing a job there in the US or Canada upon completion of the program? A friend of mine is currently on the program was given an 18 month visa, so I think I'll be given the same. That leaves me with an extra 6 months to arrange myself somewhere. I heard US is as stiff as UK even worse. What tips can you give for other areas like Canada or Dubai? My ultimate goal is 9ja but as you know, oil jobs are bit too competitive.

Thanks and God bless.

Thanks everyone for your insightful contributions. However, my own is that i would like to know where best to work between NNPC Retail and NNPCGroup for a fresh graduate. Please anyone in the know should let me know.

Hello debosky, is there any hope for me there as an IT placement seeker? Doing mine next year.....thanks

I've heard IT placements are mostly a case of who you know/contacts within the various O&G companies.

I personally don't have any contacts I can recommend, and obviously the opportunities available will be dependent on what discipline/subject you studied.

debosky i'm also interested in IT placement a year duration, i study chemical and polymer engineerin pls can u b of help?

^^ Like I said above, I don't have any contacts that I can provide - you can submit your cvs to the O&G companies or ask your SIWES rep on campus whether they can be of assistance.

Abeg my comrades..I just gratuated with a B.tech Industrial Chem.4rm FUTO wit a gud 2.1....do I stand a chance with Total?

PLS CAN SOMEONE TELL ME ABOUT TOTAL APTITUDE TEST? SHL KENEXA OR GMAT?

Hello, I am a graduate of microbiology from a state university. I graduated with a 3rd class and I have been trying to rebuild my career ever since. As God will have it, I have job right now with the Lagos internal revenue service. I intend to pursue an ACCA qualification and I have also registered for the chartered institute of taxation of Nigeria. I'd like to know what my chances in getting a place in the O&G sector. Please house I'll appreciate a reply. Thanks.

Hello Debosky, is there any chance for me in any oil firm in Nigeria? I studied Economics at Bsc and Msc level. I have 7 years working experience in the banking and pension firms. And i am an ACA. Please i need clues on how to switch over to oil sector.

toptop: Hello Debosky, is there any chance for me in any oil firm in Nigeria? I studied Economics at Bsc and Msc level. I have 7 years working experience in the banking and pension firms. And i am an ACA. Please i need clues on how to switch over to oil sector.

Cross go Mama Nkechi shop across d road. She dey sell oil there.

Jerie:

Cross go Mama Nkechi shop across d road. She dey sell oil there.

In the first instance, he didnt direct his question to you. Why must u show us ur decadence? Pls always ignore any question u lack knowledge of or assistance. I dnt mean any harm, just change pls

Please distinguished ladies and gentlemen,my Name is Ita Etim a 400 level,chemical engineering student of university of uyo.I will appreciate an advice on how i go about my industrial attachment in Total E&P Nigeria limited by april 2013.thanks

@blue diva A̶̲̥̅̊‎m sure you are not an oil worker...sincerely, real oil workers are too scared of even letting their neighbours knwz D̶̲̥̅̊α† they work there talkless of announcing in A̶̲̥̅̊‎ social network. ₪ there are also too busy to g♡ about insultin ppl in social network. A̶̲̥̅̊‎m sure this ppl are not dreaming about being A̶̲̥̅̊‎ clearner in total

etim4uniuyo: Please distinguished ladies and gentlemen,my Name is Ita Etim a 400 level,chemical engineering student of university of uyo.I will appreciate an advice on how i go about my industrial attachment in Total E&P Nigeria limited by april 2013.thanks

. @ etim I think instead of dreaming to do your IT in total, you sld rather dream of doing it some where where you will be exposed to so many things that will enable you to gain more experience instead of going τ̅☺ do errand boy for them in the office. You can onli be lucky if you are posted to the field-in this case you have to get some1 to endose your doc. N/B doing your IT in total does not give you any chance of working there...it all about your head and how smart you are.

Pls can a civil engineer work in an o&g company?

There was an MOU-Aptitude test during the last quater of last year by Total, since then nothing has been heard about the result. Pls does anyone have any info on what is happening whether people have been shortlisted? Thanks

I have been invited for the total aptitude test holding tomorrow for Industrial Training placement.....anyone with an idea of the kinda questions they normally ask? Are the questions gmat based or shl based? Pls help.....thanks

Good day everyone,,pls i was given admission at middle east technical university in cyprus to study petroleum engineering and natural gas,,pls i want someone to advice me on the gp i need to get a good job,,,pls advice me pls and also i need someone to talk to me about the oiland gas company,how it is like in there

^^ I don't know much about the middle east technical university, but I don't think it's renowned for producing petroleum engineers.

You may struggle to get into O&G companies (in Nigeria at least) if you're competing against people who went to schools in the UK/US, or even graduates from top schools UI/OAU/Uniport/Unilag etc in Nigeria.

It's always advisable to go to well known universities if you choose to study outside of Nigeria. That said, there's no rule saying you can't get a job with your degree.

As for any degree, aim for first class/2:1 if you can (I don't know the grading system used in Cyprus).

@debosky,,tans alot,,,does that mean that if i graduate from this school @25yrs because am 21 now and then go for my masters in a well know university in usa,,will i still get a job@27 because the masters is 2yrs

udehraphael: @debosky,,tans alot,,,does that mean that if i graduate from this school @25yrs because am 21 now and then go for my masters in a well know university in usa,,will i still get a job@27 because the masters is 2yrs

You can get a job at 27, 28, 29 or even 30 if you have the desired skills/qualifications. I wish you all the best in your endeavours.

Thanks alot bebosky

Debosky,

What would you say about an MASc in oil & Gas in Canada. You made a comment earlier about it being a "generalist course used to lure unsuspecting students".
Would you be kind enough to elaborate why this is and why you would advice against one studying such a course.

Thanks

I studied Agric. Engineering at OAU, though I applied for Mechanical Engineering then; I now have admission for MSc in Mechanical Engineering at two UK Unis (Leeds and Sheff. H.), the challege now is the funding although, I have applied for some scholarship opportunities. I want to secure a job in an O & G coy, but the discrimination is just too much against agric engr. Please, I need a serious advice on my move... Right now I'm out of employ and the course starts by September.

Goodday everyone,pls i need someone to advice on this,,i have a close friend,,he graduated from middle east technical university in north cyprus,,he wants to go for masters in petroleum engineering,,pls which university is best to attend for masters

Ogbeche77:
Accountant, Economist, Soil Scientist, Plant Scientist, Biochemist, Human Resource, Chemist, Enviromentalist... The list goes on

soo glad to know this, ws thinkin Biochemists dont hv a chance..my questn nw is do i need to do any professional course to be eligible and pls in what sector of an oil firm does a Boichemist work??