The oil and gas industry in India is undergoing a groundbreaking phase marked by remarkable growth and expansion of the industry. India added 38.9 mtpa refining capacity of which 39% are from greenfield and the remaining capacity 61% was from brownfield.
In the next seven years, India is poised to become the 4th largest refiner in the world. The refining capacity of Indian refiners is projected to increase by 56 million tons by 2028. The overall capacity to increase by 22%.
The growth is driven by diverse sectors within the oil and gas industry, including the refining of crude oil, petroleum, natural gas, petrochemicals, etc
The government refining push is based on India’s rising consumption of crude as it’s industrial, construction and manufacturing sectors will expand. After the Russia-Ukraine war Indian refiners have emerged as one of the key refining destinations. They achieved exceptionally high gross refinery margins attributed to demand supply dynamics.
Due to the rapid development and expansion in different sectors many commonly known refining industries such as Indian Oil Corporation, Reliance Industries, Nayara Energy Ltd along with state level refiners will be growing and companies such as Indian Oil, Reliance, Nayara are investing to diversify their portfolios beyond the refining activities and expanding their operations.
Why Choose us?
Industry Insight: We have a deep routed understanding of the Indian Oil & Gas Industry. We have been at it since the last 15+ years. We can help you close vanilla positions as well as positions that require niche skillsets that are difficult to find in the industry.
Global Reach, Local Expertise: Some roles have so specialized that they require experts to be brought in from outside the country, we have a large database of such candidates who are keen to come back to India or ready to relocate to India.
Quality Assurance: Quality is a priority for us above everything else. We will only share profiles that perfectly fit into the requirement. If it not the right fit, we prefer to not share profiles, even if it results in delays
End-to-end experience: Be it upstream or downstream, we have closed turnkey contracts for all. This has given us an holistic experience of the industry in general and helps us choose the right candidates for you and understand the wrong ones better than our competitors.
Hiring Challenges
Skill Shortage: The oil and gas industry will require specialized skills. The challenge faced is in finding individuals with the right technical expertise. We being the best recruiting firm helps in getting the right talent to the right people.
Global competition: The oil and gas industry faces global competition for skilled workforce as the top talent professionals get opportunities in other countries for better pay.
Cyclical Nature: The industry is highly periodic and influenced by variations in oil prices. During slump companies lay off workers and stop hiring which might not help in keeping a stable manpower.
Our Services:
Executive Search: Identifying and recruiting top-level executives, including CFOs, CEOs, and other key leadership roles
Technical Recruitment: Sourcing specialized technical talent, including Equipment engineers, Frac specialists, Process Engineers, project managers and operations professionals
Project Staffing: Providing bulk recruitment support in tight deadlines
International Recruitment: Assisting with sourcing talent from global markets to fill key positions requiring specialized skills and experience.
Get in Touch
Ready to elevate your organization with top-tier talent in the Indian oil & gas industry? Contact our Energy Vertical at Executive Search today to learn more about how we can help you find the perfect candidates to propel your organization forward. Let us be your partner in success.