Best Petroleum Engineering Universities in the World
Exploration, extraction, production, and refinement of oil and gas resources are the focus of Petroleum Engineering. A career in the energy sector is a promising one as it is one of the major sectors of the global economy. According to the Bureau of Labor Statistics, from 2021-2031, the petroleum industry may grow by 8%. Growth in any sector of the economy translates to better job opportunities and better job security.
Here are some reasons to study abroad from the best petroleum engineering schools in the world:
- Interesting work profile: Working on complicated projects that call for both technical know-how and ingenuity is a part of petroleum engineering. The job of engineers in this industry ranges from the discovery of new oil and gas reserves to the development of innovative drilling and production techniques.
- Job prospects: As per the US Bureau of Labor Statistics, in May 2021, the median annual wage of a petroleum engineer stood at $130,850. Moreover, 1,700 new jobs opening are projected annually in the upcoming decade.
- Contribution to the environment: Petroleum engineers can contribute to environmental sustainability by creating petroleum extraction and refining processes that are more efficient and do less damage to the environment.
Some of the best petroleum universities in the world include the University of Texas (Austin), Texas A&M University, Colorado School of Mines, etc. All these universities provide high-quality petroleum engineering courses that can offer excellent job opportunities.
Best Petroleum Engineering Universities in the World
It is important for students, who wish to pursue petroleum engineering, to know the best universities in the world which offer petroleum engineering. The table given below provides the top 10 petroleum engineering universities in the world (based on U.S. News & World Report Rankings 2023):
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University | U.S. News & World Report Rankings 2023: Petroleum Engineering Programmes | Programmes Offered |
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University of Texas - Austin | 1 |
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Texas A&M University | 2 |
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Colorado School of Mines | 3 |
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Stanford University | 3 |
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University of Oklahoma | 5 |
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Pennsylvania State University | 6 |
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University of Southern California | 7 |
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University of Tulsa | 7 |
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Texas Tech University | 9 |
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University of Houston | 9 |
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Note: It is important for students to do their own research as rankings for the best oil and gas universities in the world might change based on different criteria used by different ranking indices.
Best Petroleum Engineering Universities in the World: Admission Requirements
The admission requirements for these universities may vary, but generally, applicants will need to have completed a bachelor's degree in engineering or a related field. They may also be required to submit GRE scores, transcripts, letters of recommendation, and a personal statement. Additionally, some universities may require international students to provide proof of English language proficiency through tests like TOEFL or IELTS. It is best to consult each university's admissions website for their specific requirements.
The admission requirements for the top petroleum engineering universities in the world vary as per the university and course requirements. However, the following points provide an overview of the admission requirements for the best petroleum engineering schools in the world:
- Class 12th exams with certain subjects such as Advanced Functions, Calculus & Vectors, Chemistry, English, and Physics (may vary according to university).
- SAT or ACT scores (may vary according to university).
- GRE or GMAT scores (may vary according to university).
- English language proficiency test scores: IELTS, TOEFL, or Duolingo score.
- Latest resume.
- Statement of Purpose (SOP).
- LORs (Letters of recommendation).
- Essay.
Petroleum Engineering Jobs
Petroleum engineers can choose from a wide range of jobs both domestically and internationally. Reservoir engineers, drilling engineers, production engineers, completion engineers, and operations engineers are a few of the frequently occurring positions in the field of petroleum engineering. These experts do jobs like locating, evaluating, and managing energy resources, planning and carrying out drilling operations, examining geological data, and managing the operation of large-scale energy projects. Employees with a degree in petroleum engineering frequently command high incomes and enjoy possibilities for professional development and progress.
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Petroleum Engineering Salary
Salary ranges for petroleum engineers can vary depending on a variety of variables, including the level of education, level of experience, region, and nature of the profession. However, petroleum engineering is often seen as a highly lucrative profession. If you complete your petroleum engineering from one of the top petroleum engineering universities in the world, you stand a chance of receiving a top percentile remuneration. As per the U.S. News & World Report, the following details have been observed for petroleum engineers when it comes to salaries and job prospects:
- Petroleum Engineering is in 2nd position in the Best Engineering Jobs.
- Petroleum Engineering jobs are at the 17th spot in the Best Paying Jobs.
- Petroleum Engineering is ranked 51st position in the 100 Best Jobs.
- The median salary of petroleum engineers was $130,850 in 2021, of which, the top 25% earned $167,750 in 2021 and the lowest 25% earned $100,880 in 2021.
Check: Which Engineering has Highest Salary Abroad?
Top Oil and Gas Companies
Some of the top oil and gas companies in the world include Saudi Arabian Oil Co. (Saudi Aramco), Exxon Mobil Corp., Shell, TotalEnergies, Chevron Corp., BP, Marathon Petroleum Corp., Valero Energy Corp., Gazprom, ConocoPhillips, etc.
Now that students are aware of the best petroleum engineering universities in the world, they must do their own research about the course curriculum and career outcomes before taking a final decision. For help with university applications, students seeking to study abroad can contact our Shiksha Study Abroad Counsellors. The comments section below allows candidates to contact us as well.
Best Petroleum Engineering Universities in the World FAQs
Q. What is the scope of petroleum engineering?
A. Petroleum engineering has a very broad range of applications. Petroleum engineers can work in a variety of industries, such as the extraction and processing of oil and gas, pipeline building and maintenance, the discovery of new fuels, and more. The study, exploration, extraction, and distribution of the world's oil and natural gas reserves are under the purview of petroleum engineering. The methods and machinery utilised to efficiently extract oil and gas from the earth are designed and developed by petroleum engineers. Petroleum engineers have excellent employment and compensation prospects.
Q. Which are the top 10 petroleum universities in the world?
A. Top 10 petroleum universities in the world, as per the QS World University Rankings by Subject 2023: Engineering â Petroleum, include the University of Texas at Austin, Stanford University, Texas A&M University, King Fahd University of Petroleum & Minerals, University of Alberta, Imperial College London, The University of Adelaide, Khalifa University, Colorado School of Mines, and Middle East Technical University.
Q. What are the admission requirements for the best petroleum engineering schools in the world?
A. The top petroleum engineering colleges in the world have different entrance standards based on the institution. Most renowned colleges typically require applicants to hold a bachelor's degree in engineering or a closely related discipline and to have excelled in mathematics, physics, and chemistry throughout their undergraduate studies. Additionally, students could be expected to meet requirements for their GPA or performance on standardised tests like the GRE. Schools of petroleum engineering may demand appropriate job experience in addition to academic qualifications, such as internships in the energy sector. Letters of reference and personal statements may also play a significant role in the admissions decision.
Q. Is an Oil & Gas MBA worth it?
A. An MBA in Oil and Gas Management is a specialised form of business education designed to prepare graduates for managerial responsibilities in the energy sector. Earning an MBA in Oil & Gas management might be worthwhile as the need for such skilled professionals is increasing with an increase in the demand for energy. Prior to making a decision, it is crucial to extensively examine the particular programme and institution in question as well as the cost of the programme in comparison to anticipated career prospects.
Q. Which are the top companies that hire petroleum engineers?
A. Some of the top companies that hire petroleum engineers around the world include ExxonMobil, Shell, Chevron, BP, Halliburton, Schlumberger, ConocoPhillips, Total, Petrobras, and Gazprom. As per the U.S. Bureau of Labor Statistics, the mean annual wage of petroleum engineers stood at $142,800. Engineers working in the Oil and Gas Extraction sector earned an annual average wage of $155,960.
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