Let’s all move to Australia! Workers in the Australian oil and gas industry are the highest paid in the world, according to a recent survey by a recruitment firm. The research shows that Australian workers in natural gas fields and at offshore drilling rigs are paid about $163,000 a year – about 25 percent more than U.S. workers in the industry.

Mactech’s Take:

It will be interesting to see things shake out as the global energy market continues to adapt a change to our global energy needs.  Right now Australia is one of the world’s top producers of coal with very few signs of slowing down production as the world tries to keep pace with developing countries, such as India and China’s, coal production.  But as we can see here, they are showing a large presence in the oil and gas industry as well.

Read more from the source: pennenergy.com

The oil and gas sector in Australia is booming and is expected to overtake Qatar as the world’s biggest exporter of liquefied natural gas by 2020, the article stated. However, the continent’s population of about 23 million people, which is nearly 10 times smaller than the United States, means the industry struggles with workforce management. Operators in Australia must seek out foreign workers to keep up with the demand for oil and gas exploration. The large salaries are often used to encourage workers from other countries to work in the Australian oil and gas industry.