Petrochemical, Oil and Gas Jobs Vacancy - One of the world's leading energy companies, their upstream operations form a core part of their business and there is a clear commitment to developing this division in the future.
Petroleum Economics Advisor
Role:
Based in their London office, the Petroleum Economics Advisor will have prime responsibility for providing critical economic analysis support for a diverse range of international exploration and pre-development studies and projects. In addition, the role will provide business and economic evaluation support to development teams on an as needs basis.
High profile and influential , you will work closely with colleagues right across the upstream life-cycle to ensure that all business opportunities are effectively evaluated and robust investment decisions are made as a consequence.
The role has tremendous scope and in addition to having an important input to commercial management decision-making, you will act as a functional 'centre of excellence' responsible for defining and maintaining the highest standards and also, of course, undertake significant 'hands-on' elements including performing economic evaluations, developing economic models, coordinating and verifying core project/asset information from the various project teams.
Integral to the evaluation and planning process is the rigorous assessment of associated risks and, consequently, the role will encompass utilization of scenario-driven methodologies, risk and decision analysis and value of information techniques.
Skills required :
- We are interested to hear from experienced economists with at least 10-15 years relevant upstream industry experience. Given the breadth of the role and the need for someone to have acquired an in-depth understanding of the e & p business, there is a clear preference for candidates who come from a a technical background, preferably from within engineering. Expertise should include:
- Detailed understanding of the key drivers for upstream development projects (technical, commercil, political, marketing).
- Experience in preparing international economic evaluations and completing DCF analysis using standard industry Economics Packages.
- Ability to identify and account for wider issues (interaction between projects and assets, strategic issues).
- Understanding of economic modeling of royalty/tax and PSC fiscal terms.
- Demonstrable experience in using PEEP economic software.
- Experience in decision analysis
Remarks
On offer is a highly competitive, negotiable base salary plus a wide range of benefits including generous bonus, car allowance, non contributory pension scheme, private heath cover.
Location : London, United Kingdom (UK)
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