Petrofac Mumbai Principal Project Engineer Salaries by 4 Employees

13 - 16 years exp.

₹19 Lakhs - ₹32 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

6% more than the average Principal Project Engineer Salary in Oil & Gas Companies for 13 - 16 years of experience

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Last Updated: 4 Nov 2024

Companies similar to Petrofac for Principal Project Engineer in Mumbai

Petrofac Principal Project Engineer Salary

13 - 16 years exp. (4 salaries)

₹19 L/yr - ₹32 L/yr

Company name	Avg Annual Salary	Open Jobs
Tecnimont Principal Project Engineer Salary 10 - 12 years exp. (7 salaries)	₹9.8 L/yr - ₹20 L/yr 47% less
Kent Engineering Principal Project Engineer Salary 14 - 17 years exp. (4 salaries)	₹30 L/yr - ₹32.7 L/yr 19% more
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Shell Principal Project Engineer Salary 24 - 28 years exp. (4 salaries)	₹90 L/yr - ₹1.3 Cr/yr 306% more

Principal Project Engineer salary at Petrofac ranges between ₹19 Lakhs to ₹32 Lakhs per year for employees with experience between 13 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Petrofac.

Experience wise Petrofac Principal Project Engineer salaries in Mumbai

Last Updated: 4 Nov 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.9 L/yr
14 years (AmbitionBox Estimate)	₹27.9 L/yr - ₹35.6 L/yr
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15+ years (AmbitionBox Estimate)	₹24.1 L/yr - ₹30.7 L/yr

Similar Designation salaries in Petrofac

Senior Engineer Salary

(5 salaries)

₹18.75 L/yr - ₹30 L/yr

Salary related reviews for Petrofac

Senior Quality Engineer in Sharjah

Full Time

Engineering - Software & QA Department

5.0

• posted on 22 Aug 2023

5.0

for Salary and Benefits

Likes

The most thing i like about petrofac is their payments. Its on time with all perks will be credited to your accounts in the first week of every month. If any discrepancy in the salary credit, fast action will be taken by concerned departments.

Salary - Excellent

+5 more

Dislikes

Now a days working environment is very worst due to indian management. Previously it was fantastic in terms of package and holidays. Currently very worst thing i noticed that posting wrong people to the positions hence professionallism is missing.

Planning Engineer in Abu Dhabi

Operation & Maintenance Department

2.0

• posted on 31 Mar 2021

1.0

for Salary and Benefits

Likes

They will credit salary without any delay

Dislikes

Compare to direct employees, secondment employees will not get much benefits. Will not get proper response from Admin team and their mobilization is also not upto thier standard, instead of booking from nearest airport they will ask us to travel additional 4 to 8 hrs to reduce flight cost. Compensation for offshore is also very less, they have single standard for site peoples, even if we go to onshore or offshore, their standard remains same.

Salary - Bad

+6 more

Field Operator in Dubai

Mumbai Department

5.0

• posted on 08 Sep 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture. My Teammates are supportive and management is not transparent. Company policies are good.

Salary - Excellent

+5 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow.

Promotions - Poor

Sr Buyer-Procurement in Mumbai

Procurement & Supply Chain Department

4.0

• posted on 20 Jan 2021

3.0

for Salary and Benefits

Likes

...Very sorry to say , I was asked to leave the company during pandemic situation. I got no compensation. So please do not join this company if you get opportunity as they will kick you out if they don't need you. Thank you.

Dislikes

Job security - Bad
Company culture - Poor

+1 more

NDT Coordinator in UAE

Construction & Site Engineering Department

5.0

• posted on 09 Aug 2021

4.0

for Salary and Benefits

Likes

Working environment is Good permanent and Temporary system is not good. give equalisation for all staff bonus and benefits as per the grade

Salary - Good

+4 more

Dislikes

Our QC department to be required improvements from site manager managers are required beter experience and handling his staff. Not only for his state people. managers to be from UK. Arab's. or USA. For better site management

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Petrofac Principal Project Engineer Salary FAQs

What is the salary of Principal Project Engineer at Petrofac in Mumbai?

The average salary of a Principal Project Engineer at Petrofac in Mumbai typically ranges from ₹19.0 Lakhs to ₹32.0 Lakhs per year, depending on experience (from 13 years to 16 years).

The top 10% of Principal Project Engineer in Mumbai at Petrofac earn more than ₹32.0 Lakhs per year, and the top 1% earn over ₹32.0 Lakhs per year. Principal Project Engineer Salaries at Petrofac can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Petrofac employees in India.

What is the estimated take home salary of a Principal Project Engineer at Petrofac in Mumbai?

The estimated take-home salary of a Principal Project Engineer at Petrofac in Mumbai typically ranges from ₹1,63,009 to ₹1,69,243 per month. This is based on the average salary range of ₹19.0 Lakhs to ₹32.0 Lakhs per year for employees with experience ranging from 13 years to 16 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Petrofac. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Petrofac for Principal Project Engineer in India?

Shell	₹90.0 Lakhs to ₹130.0 Lakhs per year
Kent Engineering	₹30.0 Lakhs to ₹32.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Petrofac, depending on the role and experience level.

What is the salary of a Principal Project Engineer in companies similar to Petrofac in Mumbai?

The salary of a Principal Project Engineer at companies similar to Petrofac in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tecnimont

₹9.8 Lakhs to ₹20.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Principal Project Engineer at Petrofac in Mumbai?

The salary growth for a Principal Project Engineer at Petrofac in Mumbai depends on factors such as experience, performance, and promotions. On average, a Principal Project Engineer in Mumbai can expect the following growth trajectory at Petrofac:

Experience	Average Salary Range
13 years	₹17.1 Lakhs to ₹21.9 Lakhs per year
14 years	₹27.9 Lakhs to ₹35.6 Lakhs per year
15 years	₹24.1 Lakhs to ₹30.7 Lakhs per year

and so on.

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Petrofac Principal Project Engineer Salaries in Mumbai

Petrofac Principal Project Engineer salary in Mumbai ranges between ₹19 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Petrofac latest salaries received from various employees of Petrofac.