Highest Paying Oil Companies In Nigeria: If you are looking for which oil companies pays the highest salaries in the country then you are in the right place.
This article doesn’t only contain the names of these top oil companies but also the estimated salaries for their workers. We have complied all the necessary information you need to know about these companies.
In Nigeria, the oil sector is one of the most significant sectors, it is one of the major source of the country’s revenue.
Working in the oil sector in Nigeria is a big deal, it’s not easy to get a job with any of the these oil companies but if you do, you will be making at least six figures a month. Check out the highest paying oil companies in Nigeria below
Highest Paying Oil Companies in Nigeria
- Mobil
- Total
- Shell
- Chevron
- Agip/NLNG
- Seplat
- Addax
- NNPC
Mobil
Mobil is one of the highest paying oil companies in Nigeria. It is a multinational oil and gas company based in the U.S. They are in a number of countries around the world including Nigeria. Mobil was one of seven super majors with global activities reaching about 20% of all daily oil field output globally.
In Nigeria, Mobile is the largest oil corporation in terms of income and production volume.
The birth of the company was when William Rockefeller founded Standard Oil Company in Ohio in the year 1866. They later merged with Exxon Company and formed ExxMibil Corporation.
In 2018, the company got over 40 subsidiaries operating in over 90 countries across six continent. Mobil has over four hundred thousand employees worldwide making it the largest publicly traded company by market capitalization.
In Mobil, fresh graduates in Nigeria earn as much as N22 million annually
Total
Total is regarded as the highest paying oil company in Nigeria. It is a global oil and gas company based in France. It is a public company that trades in petroleum products and chemicals and it’s listed on Euronext Paris.
The headquarters of this oil companies is located in Courbevoie France. Total SA and The Société française des pétroles (SFP) merged to form the company.
At Total, fresh graduates in Nigeria can earn over N25 million in a year making it the highest paying oil company in the country.
Shell
Shell is also one of the highest paying oil companies in the country with a yearly salary in six figures. It is a multinational Anglo-Dutch oil and gas corporation based in The Hague, Netherlands.
Shell have several subsidiaries operating in over 90 countries of the world and the subsidiary in Nigeria is one of the largest in Africa. As one of the largest oil companies, it’s primary business is the production, refining, exploration, transportation and marketing of oil, gas and other energy sources.
Shell started as a Royal Dutch Petroleum Company in 1899. Few years later, it was renamed Shell Transport & Trading Co Ltd. The company expanded after they discovered the Leduc Oil Field near Edmonton, Canada in 1907. They also acquired several other companies during the World War II.
In Nigeria, Shell pay fresh graduates about N19 million annually including all the necessary allowance.
Chevron
Chevron produces over half (860,000) barrels of the 1.4million barrels of total refinery capacity of petroleum products produced per day. They are regarded as the best at refining oil in the country. Chevron daily oil production from inshore assets is about 400,000 barrels
At Chevron, entry level employee earn as high as N22 million in a year including all the necessary allowances.
Agip/NLNG
This is a gas production company and it is the gas producing company in Nigeria Delta. Agip/NLNG is a partnership formed by Agip and Nigeria LNG.
In 2018, all the oil and gas corporations operating in Nigeria aggregate output was about 1,065 million of barrels equivalent (MMBOE)
The growth of this company is attributed to the increased exploration activities by major companies and improved drilling techniques by junior companies that are operating onshore and offshore with the country.
At Agip/NLNG, entry level employee earns about N18 million per year.
Seplat
Seplat is one of Nigeria’s highest paying oil companies. They they offer their employees both month and yearly bonuses to their salaries.
This oil corporation also provides allowances which are sums of money given to some employees every month as a way of appreciating their effort for the month. Fresh graduates at the company earn as much as N12 million per year.
Addax
Addax was founded in 2001, it is a subsidiary of the Nigerian National Petroleum Corporation (NNPC). The headquarters of this company is located in Port Harcourt, Rivers State.
Addax is an independent downstream oil and gas company, they produce, refine and distribute petroleum products. They offer support services to other NNPC businesses like renovating their domestic facilities in the country.
At Addex, fresh graduates staffs at the company earn about N16 million per year.
NNPC
This is a government own oil and gas corporation. It was founded in 1975 by the Nigeria government under the auspices of the NNPC Acts of 1975 (Act No. 55).
NNPC is in charge of petroleum products exploration, extraction, refining and distribution in Nigeria. The corporation has operational authority over all strategic industries like power generation and distribution and fertilizer manufacturing.
At NNPC, entry level employee earn about N11 million per year.