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Encouraged by some of the highest starting salaries available in any industry, record numbers of students are enrolling in petroleum engineering courses at U.S. universities.
In the future, Southeast Asian countries such as Singapore,
Jakarta Indonesia and many more are amongst with many developing countries in the oil and gas industry. It is part of a broader renaissance in engineering education, which should eventually ease severe skill shortages in the oil and gas sector. But it will be the end of the decade before these new graduates are the experienced professionals needed to lead teams and make a real difference to exploration, output and refining.
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In 2010, 1,295 graduate students enrolled in petroleum engineering courses at U.S. universities, according to the U.S.
Department of Education’s “Digest of Education Statistics”.
Enrollment had risen 60% in the previous four years and was virtually double the level at the start of the decade, when just 627 students signed up to study engineering courses geared to the oil and gas industry. Only enrollment
in biomedical engineering has grown faster over the last decade. Enrollments have almost certainly risen further in 2011,
2012 and 2013, but the exact numbers will only be available in future versions of the Digest. Soaring interest in petroengineering, and related disciplines such as metallurgical and materials science, geosciences and mining engineering, is part of a broader upsurge in interest in science, mathematics, engineering and technology (SMET) degrees driven by a strong demand from employers.
Enrollments in graduate engineering courses rose by 43 percent between 2000 and 2010, from 104,000 to