Can petrochemical engineers get good placements? I have got 4486 rank in EAMCET and I have done my intermediate.

Asked about University College of Engineering, Kakinada, Jawaharlal Nehru Technological University, Kakinada - B.Tech. in Petrochemical Engineering

I am a female and I belong to OC category.

0 25 Views | Posted 7 years ago

  • 1 Answer

  • R

    Answered by

    rohith kola | Guide-Level 14

    7 years ago
    Employment of petroleum engineers is projected to grow 15 percent over the next ten years, much faster than the average for all occupations. However, because it is a small occupation, the fast growth will result in only about 4,900 new jobs over the 10-year period.
    Oil prices will be a major determinant of employment growth. Because many petroleum engineers work in oil and gas extraction, any changes in oil prices will likely affect employment levels. Higher prices can cause oil and gas companies to increase capital investment in new facilities and expand existing production operations. Typically, companies also expand exploration for n
    ...more

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