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Despite the debate about the continued relevance of oil and the turbulence in the global oil and gas industry, upstream oil and gas remains the best paying oil company in Nigeria
In this article, we present the top 7 best paying oil and gas companies in Nigeria based on our research:
TOTAL: Total Upstream (Total Exploration & Production) is the highest paying oil and gas company in Nigeria. An entry-level graduate earns more than N25,000,000 per annum as gross pay.
CHEVRON: The American oil company pays more than N22,000,000 per annum to a fresh recruit at entry level position.
ExxonMobil: Exxon comes joint second with Chevron in the ranking of highest paying international oil companies in Nigeria. The IOC pays a fresh graduate, like its American sister, Chevron, pays fresh graduates about N22,000,000 gross per annum.
SHELL: Entry level permanent staff at Anglo-Dutch giants, Royal Dutch Shell, starts with a gross pay that is circa N19,000,000 per annum.
AGIP: Italian giant, Agip (or NAOC – Nigeria Agip Oil Company), pays entry-level recruits more than N18,000,000 per annum.
ADDAX: The Chinese multinational oil company is the highest paying non-IOC in Nigeria. It comes next to the big 5. Entry level graduates earn not less than N16,000,000 per annum.
SEPLAT: The only indigenous company on the list, graduate hires at Seplat gross around N12,000,000 per annum, making them the highest paying Nigerian oil company for entry-level positions.
For most of these companies, engineers that work offshore also get extra pay in addition to other performance bonuses.