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The oil and gas industry jobs are available aplenty even with the recession making inroads into this enormously successful and lucrative career landscape. And being a vast and an oft uncharted territory for most of the elite of the recruitment seekers, the oil & gas job search is often sans the cut-throat rivalry that is now pre-dominant in most other job arenas.

However, this does not make the road to making a career in this domain a cakewalk. Most of the interviewees either do not have an idea about how to search for jobs in this particular industry, or do not have the soft-skill or prowess to make it through an interview in the said sector.

Here are 5 tips to help you out in locating and attaining an oil & gas industry job in a jiffy!

1.Identify the Entry Level You might be a graduate from an elitist college, but if you are willing to work in the oil and gas industry jobs, you need to work from the bottom rung and upwards from there. This is important because only then would you be able to handle managerial positions well- with the basic entities of the domain at your command.

2.Experience Experience is a huge factor in gaining a foothold in your oil and gas job search. The more experience you have working on oil rigs or offshore platforms, the better are your chances to locate a high-paid job from the industry. For freshmen, it is better to work and gain valuable experience at the junior levels being trying their luck further up the corporate ladder.

3.Use References Again, experience counts and also helps in making acquaintances that may help ply your case to the top management. Remember, the oil and gas industry jobs are all pretty elusive but can be pretty easy to achieve with the help of well-placed & well-informed references.

4.Stay Up-to-date About the Latest News from the Sector Knowledge is power practical or theoretical, or both! The more you know of the latest trends in the oil and gas industry jobs, the higher are your chances of making the cut in the interviews. This also includes some very hands-on research and banter with people already working on rigs or platforms offshore.

5.Focus on the Positives Remember, it is easy to highlight the negatives and shy away from the said industry. However, if you focus on the positives, you will find yourself better placed to answer HR questions thrown at you during the interview. This includes high-points like better pay, perks as well as an easy and quick climb to the top managerial positions if you are smart enough!

So you see, getting the coveted oil & gas industry job is not as tough as it is made out to be. However, it is no cakewalk either and preparation & knowing is half the battle won.

Ever since, US President Obama vowed to punish U.S. “corporations that ship our jobs overseas,” the backlash in India against such a disastrous move has spread to officials from government, IT industry associations, and leading Indian IT services companies such as Infosys and Wipro. And while they say they want to wait for more details, they are also clearly deeply concerned about the huge implications such policy would have.

While today’s highly interdependent global economy renders Obama’s 19th-century notion of “our jobs” meaningless, the bigger issues are the impact such a move would have on the overall Indian economy’s ability to continue being a major consumer of U.S.-made products and services, and the likelihood that other countries would react to Obama’s protectionist stance with their own equally unproductive and trade-reducing positions.

Volume of concern from India
According to the sources US President Barack Obama’s statements on curbing tax breaks for outsourcing companies in the US set alarm bells ringing in the Indian IT sector.

Nasscom president Som Mittal, noting that American companies generate 50% of their revenue outside the U.S., said, “To be globally competitive, they also depend on globally shared services.” The body also said that any protectionist move by the US that adversely impacts the domestic outsourcing industry might trigger retaliatory measures by India.

Infosys in a statement said, “We are confident that the US will not take any measure which might hurt its global competitiveness and policies of protectionism would only hinder the revival of the world economy.”

Impact on the US

Obama’s tax proposals on the foreign investments made by American companies, if accepted by Congress, could affect their global competitiveness and would leave them at significant disadvantages against non-US companies. The report said while there are no direct proposals that impact off-shoring to India, the US corporations having business presence abroad could be saddled with increased tax cost if these proposals are enacted.

As per US government’s estimate, Obama’s proposals will generate $210 billion in revenue over 10 years. The new tax proposals also seek to tighten the foreign credit rules. It proposes to disallow foreign taxes paid on income, which is not subject to US tax. This may lead to double taxation and discourage US companies to invest overseas.

The Evasive Measures
US protectionism forces TCS to hire more foreigners: Seeking to mitigate protectionist measures like visa restrictions being adopted by countries like US, the top Indian IT exporter, TCS, is looking to employ more local nationals in key markets.

NASSCOM to meet FM for pre-budget consultations: The members of NASSCOM will meet Finance Minister to put forward their demands for the sector.

Outsourcing companies take cost-cut call: Indias $47 billion IT outsourcing industry, struggling to cut costs without compromising on seat capacity, is now reinventing the wheel. Some of them have stitched up deals with telecom companies, outsourcing their own communication infrastructure, a model now known as hosting services.