Job prospects Petroleum Engineer in the Wood Buffalo–Cold Lake Region
Explore current and future job prospects for people working as "Petroleum engineers" in the Wood Buffalo–Cold Lake Region or across Canada.
Current and future job prospects
These outlooks were updated on December 11, 2024.
Recent trends from the past 3 years
Over the past few years (2021-2023), the labour market was balanced for Petroleum engineers in the Wood Buffalo–Cold Lake Region. The number of job openings was about the same as the number of workers available in this occupation.
Source Labour Market Information | Recent Trends Methodology
Job outlook over the next 3 years
The employment outlook will be good for Petroleum engineers (NOC 21332) in the Wood Buffalo - Cold Lake region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- Not many positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Petroleum engineers in the Wood Buffalo - Cold Lake region:
- Approximately 120 people worked in this occupation in May 2021.
- Petroleum engineers mainly work in the following sectors:
- Oil and gas extraction (NAICS 211, 213): more than 95%
Job prospects elsewhere in Canada
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