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Old 17-02-2015, 11:36 AM
alif alif is offline
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Default [Oil & Gas] Project Engineer to PM Salary

Hi All,

Question: How much should I ask for, in a PM role in Oil & Gas?
1) What is market rate for 2nd Tier O&G Company like Chevron or Total for PM?
2) What is market rate for ABB or Siemens as PM?
3) Should I try to jump into Keppel Shipyard or Keppel Fels as a APM/PM?
4) Any kind of other advice you may have based on background info below for my career path?

Some Background info:

I've been working as a Senior Project Engineer for the past few years at an O&G SME, though pretty much doing a PM's job (client facing, scheduling, budgeting, training for Junior PE, project monitoring for them, report directly to top management/MD etc). I have under my portfolio anywhere from USD2mil to USD20mil+ O&G projects, successfully delivered and commissioned in my time with the company.

This was my first job as PE in O&G after returning to Singapore. Previously I was a PE in a Pharmaceutical company in the UK for a couple of years before Post Study Work Visa expires.

My current pay is in the less than $3.5k. Performance Bonus for the past few years have been 1 month (company wide, which makes the word performance redundant). There is no AWS policy within the company. I know I am grossly underpaid, and the company is hiring new PEs with similar or less experience than I do for starting salary of 4k to 4.5k, most with much smaller portfolio and in a non-multidisciplined environment like I'm currently in. I know I sound a bit bitter, and I freely admit I am and what I conceive as lack of recognition or proper performance reward.

Right now I am looking into jumping ship. I have a few former colleagues who jumped ship and became Senior PE, Assistant PM or PM in other SME O&G, earning from 4.5k to 6k upwards. I've been looking at Tier 2 O&G MNCs like Total and Chevron for a APM or PM job, but am also considering Companies like ABB or Siemens.

I'm quite interested in one of the current postings in Siemens and applying for all the open PM roles right now, but I'm really unsure what kind of remuneration I should be asking for.

Honestly I'm a bit jaded with doing both a PE job of executing and PM job of planning and client management, and much rather just focus on being a full time PM.

Thanks for all your help in advance.

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