Chief Petroleum Engineer

10.606.823 ISK (ISK)/yr

5.099,43 ISK (ISK)/hr

336.236 ISK (ISK)/yr

The average chief petroleum engineer gross salary in Iceland is 10.606.823 ISK or an equivalent hourly rate of 5.099 ISK. In addition, they earn an average bonus of 336.236 ISK. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Iceland. An entry level chief petroleum engineer (1-3 years of experience) earns an average salary of 7.508.358 ISK. On the other end, a senior level chief petroleum engineer (8+ years of experience) earns an average salary of 13.177.493 ISK.

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ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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13.563.097 ISK (ISK)

28 %

Based on our compensation data, the estimated salary potential for Chief Petroleum Engineer will increase 28 % over 5 years.

Education data not available for this job

Iceland

Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

View Cost of Living Page

Iceland (Icelandic: Ísland, pronounced [ˈistlant] ) is a Nordic island country between the North Atlantic and Arctic Oceans, on the Mid-Atlantic Ridge between North America and Europe. It is linked culturally and politically with Europe and is the region's most sparsely populated country. Its capital and largest city is Reykjavík, which is home to about 36% of the country's roughly 380,000 residents. The official language of the country is Icelandic. Located on a rift between tectonic plates, Iceland...

Sourced from Wikipedia
Plans and directs engineering activities of a petroleum company to develop oil fields and produce oil and gas: formulates programs for developing oil fields, planning schedules for drilling wells and for constructing pumping units, crude-oil treating units, and other production facilities. Coordinates projected activities with civil, electrical, and other engineering departments. Directs, through subordinate workers, selection, installation, use, and repair... of oil field equipment. Directs petroleum engineers in engineering work concerned with drilling new wells and producing flow of oil or gas from wells, in maintaining well logs, and in other engineering activities. Directs laboratory and field research to develop new or to improve old methods and equipment for recovery of oil and gas. Keeps abreast of new developments in petroleum engineering. Selects, trains, and promotes engineering personnel. May direct mechanical, civil, electrical, and other engineering activities. May direct engineering and drilling activities in developing geothermal field and be designated director, geothermal operations. Read More

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Disclaimer

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Professionals should subscribe to SalaryExpert’s Assessor Platform.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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