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An oil and petroleum management degree in New Zealand typically lasts three to four years and covers various modules, including petroleum geology, drilling engineering, reservoir management, and environmental impact assessment. New Zealand's commitment to sustainable resource management is often reflected in the curriculum, which emphasises integrating environmentally responsible practices within the oil and petroleum industry.
The popularity of pursuing an oil and petroleum management degree in New Zealand can be attributed to the country's significant presence in the energy sector, particularly in oil and gas exploration. Additionally, the curriculum is designed to equip students with technical knowledge and business acumen, preparing graduates for leadership roles in this dynamic field. Graduates can expect promising career prospects, with opportunities in energy companies, environmental consulting firms, government agencies, and international organizations involved in energy resource management.
Typical employers for graduates with an oil and petroleum management degree in New Zealand include major oil and gas companies, engineering firms specializing in energy projects, environmental consulting agencies, and regulatory bodies.
According to the US Bureau of Labor Statistics, the employment of petroleum engineers is projected to grow by 8% between 2020 and 2030. Here is the list of the courses available in petroleum engineering in New Zealand.
A B.Tech in Petroleum Engineering is an undergraduate course that deals with petroleum-related activities and the production of hydrocarbons in natural gas or crude oil. In the engineering program, you will study the physical properties of oil and gas and the extraction and processing of crude oil. The subjects involved in petroleum courses in New Zealand include physics, chemistry, geology, economics, thermodynamics, and mathematics.
An oil and gas engineering graduate can pursue many career opportunities, such as those of drilling engineers, energy economists, petroleum geologists, and reservoir engineers.
Under the master’s program, New Zealand universities offer M.Tech and M.Sc in petroleum engineering. The postgraduate course deals with various aspects and topics related to production operations, gas recovery, hydraulic fracturing, natural gas engineering, and economics. The course curriculum of M.Tech in petroleum engineering is designed and delivered by industry experts to provide the necessary knowledge and evaluation of prospects, leading to a viable oil and gas field development plan. The career paths that can be fruitful after completing a master’s in petroleum engineering are project manager, petroleum engineer, and petroleum geologist.
Studying petroleum in New Zealand can be lucrative, with many engineers earning handsome salaries. The job outlook is excellent, and the future career prospects are great, as it is expected to grow 10% over the next five years. Hence, to succeed in this field, gaining skills and experience with a degree in petroleum engineering. Some popular career paths in this field include environmental engineers, product managers, and geologists.
The minimum salary for an entry-level position (with one to three years of experience) in the oil and gas industry is around $51,400 annually, and the median annual salary in New Zealand is $92,500. On the other hand, an experienced engineer with five to twenty years of experience in the petroleum and gas field can earn around $155,000 annually. In addition, there are plenty of growth opportunities for those who want to move to senior roles.
If you want to learn more about studying for an oil and gas management degree at a New Zealand university, arrange a free consultation with SI-New Zealand today.
New Zealand universities offer various oil and gas management courses, which are available full-time and part-time. To apply for the management program in the relevant industry, you need to have a bachelor’s degree with an English language proficiency test and relevant work experience.
Yes, there is a lot of oil and gas management exposure, as the country has a large estimated reserve of resources and is a hub for hosting oil and gas exploration and production. Hence, it has a lot of career opportunities.
New Zealand offers post-graduation work opportunities for graduates in various fields of the oil and gas industry. Some popular career paths include engineering, marketing, and finance positions.
Yes, New Zealand allows students to work part-time while studying petroleum management. International students can work 20 hours per week during their studies.
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