Salaries in UK upstream oil and gas industry continue to rise

Salaries in the UK upstream oil and gas industry are on the rise, according to the latest salary survey released by SMCL, a specialty consulting firm based in the UK. Upstream salaries in the UK increased an average of 5.7% last year vs. 2000, the survey said. "However, there has been a very marked slowdown in the rate by which salaries are increasing at top-management level," the survey continued.The best paid positions in the UK upstream oil and gas business last year were in business development, petroleum and reservoir engineering, geophysics, and legal, according to the report. The consultant went on to say that although the UK oil and gas industry is enjoying a period of high base s...

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