[Oil & Gas] Project Engineer to PM Salary - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




[Oil & Gas] Project Engineer to PM Salary

Reply
 
Thread Tools
  #1 (permalink)  
Old 17-02-2015, 11:36 AM
Junior Member
 
Join Date: Feb 2015
Posts: 1
alif is on a distinguished road
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.

Reply With Quote
  #2 (permalink)  
Old 17-02-2015, 03:38 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by alif View Post
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.
Most oil & gas majors i.e. (Exxon, Shell, Chevron, Total, BP & Conoco) have pretty conservative job titles. A “Project Manager” at the upstream space over there will probably earn 3-4 times of your current salary, not to mention much bigger bonus also. If you want to join them, a PM job is way too high level for you - something along the lines of Associate Engineer, Operations Executive / Analyst, Project Technician / Coordinator is more at your level. But the timing is not good for you as the falling oil prices have caused a lot of people from the smaller MNC (Tier 3 or 4 using your definition) to rush to apply jobs in the oil majors. For someone with a SME background unless you have special skills TBH not much hope.

Also take note that project management at a global MNC level is completely different league compared to a SME, you will hardly find projects <US$200million. It is unlikely even the smaller O&G MNCs will hire you just to do just PM work, so my advice for you is to eat humble pie and start from scratch and learn from basics if you want to move out of the SME space. Besides considering smaller O&G MNCs, you can also go for other related industries such as Chemicals, High Tech Manufacturing, Engineering consultancies etc. These are easier to get in and pay & prospect also not bad.

As for Keppel & Sembcorp, they are considered offshore construction rather then oil & gas. It is possible for your experience to give it a go with them. But from what I understand of them, they believe in paying very low basic and high bonus instead, so they might not match your basic salary since they give good bonuses.

Reply With Quote
  #3 (permalink)  
Old 17-02-2015, 06:30 PM
Unregistered
Guest
 
Posts: n/a
Default

It is not realistic for a 3.5k junior engineer doing small time projects in a SME to expect project management authority straight away in a mega mnc... consider lucky if they even hire you as a fresh grad engineer.

Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Salary range for project manager (Oil & gas) ariyalkye Income and Jobs 84 13-05-2016 04:30 PM
Need advice> how much does an IT project manager salary should be? valrag Income and Jobs 1 06-01-2014 01:22 AM
salary for software engineer fred Income and Jobs 3 29-05-2013 10:10 AM
Engineer salary mack Income and Jobs 89 19-10-2012 04:47 PM
Project Engineer in a dredging company liho0005 Income and Jobs 2 22-05-2012 09:09 PM

» 30 Recent Threads
Lawyer Salary ( 1 2 3... Last Page)
13,829 Replies, 4,651,944 Views
Compare civil service salary ( 1 2 3... Last Page)
12,657 Replies, 7,375,014 Views
Cybersecurity/Info security career ( 1 2 3... Last Page)
128 Replies, 37,008 Views
ST Electronics ( 1 2 3... Last Page)
2,340 Replies, 579,201 Views
Citibank Singapore ( 1 2 3... Last Page)
141 Replies, 101,572 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
2,729 Replies, 1,298,886 Views
If you can't find a company here... ( 1 2)
18 Replies, 1,785 Views
GIC (Government of Singapore... ( 1 2 3... Last Page)
333 Replies, 455,485 Views
Grab Finance Graduate Programme...
3 Replies, 148 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,093 Replies, 2,536,843 Views
Heineken APAC Graduate Programme ( 1 2 3... Last Page)
276 Replies, 135,423 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
740 Replies, 203,434 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,724 Replies, 4,367,999 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,849 Replies, 612,374 Views
Roles in accenture singapore ( 1 2 3... Last Page)
2,033 Replies, 528,350 Views
IMDA (under MCI) ( 1 2 3... Last Page)
121 Replies, 59,073 Views
GovTech Tech Associate Program... ( 1 2 3... Last Page)
70 Replies, 37,056 Views
DBS tech seed programme ( 1 2 3... Last Page)
880 Replies, 228,570 Views
Starting Pay for CS/Ministries... ( 1 2 3... Last Page)
250 Replies, 112,652 Views
DXC Technology
0 Replies, 55 Views
Y Ventures Group
0 Replies, 33 Views
Career as Teacher ( 1 2 3... Last Page)
4,022 Replies, 2,516,548 Views
Breaking the Letter Of Commitment... ( 1 2 3... Last Page)
33 Replies, 26,782 Views
Tax ( 1 2 3)
22 Replies, 9,067 Views
How is HTX Associate Programme... ( 1 2 3... Last Page)
31 Replies, 7,829 Views
UOB Management Associate Program ( 1 2 3... Last Page)
458 Replies, 279,346 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
487 Replies, 276,758 Views
How is life as a doctor in... ( 1 2 3... Last Page)
2,788 Replies, 1,421,929 Views
Process Engineer Salary
3 Replies, 5,245 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 09:19 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2