In this post, I will show you all the yearly salaries of major oil companies in Nigeria.
Many Nigerians will comfortably choose Oil company jobs due to Job standards and payment structure. For example, report shows that high ranking Oil and gas professionals in the cadre of senior staffs, managers and directors are earning as much as N20,000,000 – N50,000,000 or even more per annum depending on the type of job position and company in which they are located.
Oil companies salary structure in Nigeria (2020)
1. Shell
Shell is one of the most popular oil and gas companies in Nigeria and has for many years, topped the list.
The Company discovered the first commercial oil field at Oloibiri in Niger Delta. Shell is also credited as being the first oil company to discover oil in Nigeria. Shell’s entry level salary is between N3,360,000 – N7, 800,000 per annum.
2. Chevron
The Chevron Company is a top contender for the most popular oil and Gas Company in Nigeria.
It produces hundreds of thousands of barrels of crude oil and several millions of cubit feet of natural gas every day.
Chevron deals mainly in almost every aspect of oil, including natural gas, geothermal energy industries, hydrocarbon exploration and production, refining, marketing and transport, chemicals manufacturing and sales. Chevron’s entry level salary is between N5,000,000 – N8,000,000 per annum.
3. Total Nigeria
Total Nigeria Plc is a multinational energy company, operating in more than 130 countries around the world, and has been providing sustainable oil products and services.
Total oil and gas companies in Nigeria, has existed for over 50 years and has remained one of the leaders in the downstream sector of the oil and gas industry in the country. This company entry level salary is between 7,000,000 – 10,000,000 per annum.
4. Exxon Mobil Oil
Exxon Mobil is also one of the top oil and gas companies in Nigeria. The Exxon Mobil involved in the exploration of natural gas and crude oil as well as their production.
This oil and gas Companies in Nigeria also operate many joint venture concessions, as well as deepwater production sharing contracts operations, are related to various sources of oil, gas and alternative energy. The entry level salary at ExxonMobil is N6,000,000 – N10,000,000.
5. Addax Petroleum
Addax petroleum has been around for a while too. The company began operations in 1998, by signing two Production Sharing Contracts (PSCs) with the Nigerian National Petroleum Corporation (NNPC) Federal Government of Nigeria. This company entry level salary is between N4,000,000 – N6,000,000.
Oil companies salary structure in Nigeria 2020
6. Nigerian National Petroleum Corporation NNPC
NNPC was established on April 1, 1977, as a merger of Nigerian Petroleum Corporation and Nigerian Federal Ministry of Mines and steel and between1978 and 1989.
NNPC is a federal Government Corporation that is responsible for the management of our great nation’s oil resources, and it has many depots across the country. This company entry level salary is between 2,000,000 – 5,000,000 per annum.
7. Conoil Nigeria
Conoil Plc is one of the best oil and gas companies in Nigeria. The company engages in the marketing of refined petroleum products, manufacturing and marketing of lubricants, household and liquefied petroleum gas for domestic and industrial use. The company’s entry level salary is between N3,600,000 – N5,000,000 per annum.
8. Oando Plc
Oando is regarded as Africa’s largest independent and privately-owned oil trading company, involved in the large scale export and import of a broad range of refined petroleum products and crude oil. Oando Group pays it workers 2,000,000 – 5,000,000 per annum.
9. Sahara Energy
Sahara Energy Resource Limited, whose office is located in Victoria Island, Eti Osa, Lagos, is also among the best oil and gas companies in Nigeria. This company pays workers N1,800.000 – 4,800,000 per annum.
10. Nestoil
Nestoil Limited started out as the Oil and Gas arm of the Obijackson Group in 1991. At the time, local participation in the Nigerian Oil and Gas sector was very limited. Nestoil Limited pays workers N2,000,000 – 3,600,000 per annum.
