First off, thanks for the positive responses everybody! Secondly, to the moderators, sorry for missing the section; I'll check out the FAQ asap!
Regarding some of the responses, I am from Norway. And there's alot of dark predictions for the oil sector in the future. A few months back, the first cut in Statoil involved around 2500 people getting fired, the second round will be approximately the same number. Other companies are no longer recruiting mechanical engineering graduates, not even petroleum engineers. Not that I'm so terribly sorry for my sake that this is happening, it's more dim for all those people standing without jobs in an already competitive job market here. The trend might turn in a couple of years, but I don't want to wait too long to find out if that path is the right one. Regardless of that, I think learning some proper coding would be invaluable anyways. I think finishing what I started with ME first is the best choice regardless.
The market for game developers ain't the best here either, although game companies get state funding usually if it's needed to kickstart a project. Apart from that, I am ready to move out into the world. I know around 3 start-ups doing game development, most of the people are friends I used to play with that just ended up starting their own projects. Might have a good shot there once I get some proper programming or 3d-modelling skills. I do have some minor "modding" experience, creating custom maps for Age of Mythology, the PS2 game Shinobido, some CS:S maps, but none of them really involved any coding.
When I did some basic java coding at my university, I didn't really find it that hard. But I don't think java is the best option either long term, which is why I'm aiming at C#. Not sure if that is too much water over my head for the time being though... Is Java worth sticking with for the time being?
Lucky you, you are living just next to sweden, which seems to be in the top 3 when it comes to europes game dev hubs (Sweden, UK, Germany, at least that was the list when I looked last).... so you only would need to relocate to a country right next to yours, most probably.
Having said that, taking into account your fears of not finding a job as ME and Code Fox' quite grim outlook on the job market as an insider, why don't you check the possibility to switch to an CS / Software Engineering degree? Programmers and Software Engineers are always in high demand in all industries, and at least for the next few years that will most likely not change (as opposed to oil as a finite resource).
With a general degree you still have lots of doors open should your game dev career aspirations not take off, or you find it not to your liking some years down the road.
Be aware that for game development, C++ will be most sought after (followed by C# because of the popularity of Unity, then a whole host of other languages for all the smaller engines out there), so if you can decide on courses to take for your CS degree, favour C++ over Java (which is most popular for business programming) and C# (which is second to Java in the business world, and second to C++ in the game dev world)... but this is way too early to talk about yet 
