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Petroleum Economics Specialist
2 months ago
This is a unique opportunity to join our Upstream Development Strategy & Reserves Department (UDS&RD) in Dhahran, Saudi Arabia. As a Petroleum Economics Specialist, you will play a key role in managing one of the world's largest portfolios of onshore and offshore oil and gas fields.
Key Responsibilities- Provide expert advice and assistance on operating problems.
- Specify design criteria and relevant operating parameters for the development of new oil and gas projects.
- Participate in project technical reviews and assess proposals for new or modified operating procedures.
- Conduct economic studies and cost analyses to evaluate alternative courses of action.
- Offer guidance on upstream investment opportunities.
- Perform impairment assessments on upstream assets.
- Manage field portfolio and rank projects.
- Lead the development and updates of guidelines for upstream economics evaluation.
- Develop lesssenior staff by designing implementing and overseeing professional development programs.
- Represent the company in external technical conferences, symposiums, and forums.
- This role requires the candidate to permanently relocate to Dhahran, Saudi Arabia.
- Holds a BS in Petroleum Engineering or related disciplines; advanced degrees in Business, Petroleum Economics, Finance, or related fields are highly beneficial.
- Possesses 15 years of experience gained through reputable oil and gas consulting and/or E&P companies specializing in PE technical disciplines.
- Demonstrates strong familiarity with geology/geophysics, petrophysics, drilling operations, completion methods, artificial lift, well testing, flow assurance, production operations, surface facilities design, and cost estimation.
- Has experience working in a large organization with a varied portfolio of reservoirs or a broad range of experience in smaller companies.
- Expertise in oil and gas reservoir development and depletion plans.
- Proficient in investment decision analysis (including risk and uncertainty), strategic longterm production plans, and portfolio analysis.
- Extensive experience in presenting to executive management and large audiences.