Industries & Professions /
Employment for petroleum engineers is expected to increase much faster than the average for all occupations through 2022, according to the U.S. Department of Labor (DOL). Opportunities for petroleum engineers will exist because the number of degrees granted in petroleum engineering is low, leaving more job openings than there are qualified candidates. Employment opportunities will also increase due to a need to develop new extraction methods for getting more from existing resources as well as acquiring new resources. Additionally, the DOL reports that petroleum engineers will be in demand to help companies comply with new regulations for drilling in deep water.