Strategy & Market Specialist
Job details
Aramco energizes the world economy. Aramco occupies a unique position in the global energy industry. We are the world's largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer. With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco's value to society. Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations' spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom's vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply. We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.OverviewSaudi Aramco is looking to appoint a Petrochemicals Industry Specialist to join the Energy Outlook Group, Strategy & Market Analysis. The core function of the Strategy & Market Analysis organization is to advise the company's management and guide other departments within the company on energy markets and outlooks, economic evaluations, oil and products pricing, macroeconomic outlook, and international energy policies and regulations, besides assisting in business planning and strategy formulation. The Petrochemicals Industry Specialist's roll is to provide Corporate Management as well as other organizations within the company with general market outlooks, current and forecasted regional petrochemicals economics (petrochemicals products prices, petrochemicals margins, capital costs, etc...), petrochemicals capacity developments and opportunities that could affect the company's petrochemicals capital program. The Specialist will monitor current and future regulations and market dynamics both short and long term to identify possible impact on the Company's petrochemicals business.Key ResponsibilitiesDevelop the Company's short and long term global petrochemicals and downstream industry outlooks, including: global and regional changes in capacity levels, changes in feedstock, total production rates by major product groups, global and regional trade balances and the general industry margins and profitability trends. Develop long-term products price forecasts by product type and region to serve as the basis for the evaluation of investment opportunities. Monitor and assess the impact of international regulations on the global and regional petrochemicals business. Prepare quality reports and presentations for inclusion in the business plan and to present to management. Provide analysis, evaluation and interpretation of current and future trends in support of projects, processes, and financing related to Saudi Aramco capital investment decisions in the petrochemicals sector. Regularly follow up on petrochemicals market trends and new developments. Developing and maintain contacts within the industry. Report on issues that are relevant to Saudi Aramco's petrochemicals activities based on market intelligence. Provide expert judgment, by way of thorough analyses to queries from management on petrochemicals issues. Regularly interacts with other professionals in various company organizations involved in capital planning and economic analysis. Assists in the training, development and mentoring of younger staff.Minimum RequirementsBachelor's Degree in Chemical Engineering or related specialty. MBA or Masters degree in Economics is desirable At least 15 years of experience in analyzing petrochemicals industry trends. Five or more years of relevant modeling and forecasting experience with a large petrochemicals consultancy and at least 10 years of industry experience. Thorough understanding of the economic and business factors related to the petrochemicals industry with substantial experience of applying that knowledge to forecasting potential future trends. Sufficient understanding of petrochemicals projects necessary to conduct insightful economic analysis of capital investments. Solid understanding of the strength and limitations of various modeling techniques and methodologies when applied to forecasting future trends of the general petrochemicals market and to specific products. Ability to look at a situation both from a general perspective as well as to penetrate into issues in depth when required. Intellectually curious and keeps abreast of topics that affect the evolving petrochemicals markets. Proven ability to communicate effectively with management at all levels within the organization. Strong written and oral communication skills. Ability to communicate complex technical and commercial concepts in a clear and succinct manner to individuals and groups from diverse professional backgrounds. Hands-on person who will immediately achieve the professional respect of others possessing long-time practical experience of working in or serving the petrochemicals industry. Person whom others, at all levels, will seek out for advice and counsel. Able to work effectively with the minimum of supervision on relatively unstructured tasks. Working environment Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly. At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world's biggest technical, logistical and environmental challenges, we invest heavily in talent development. We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs - one of the largest in the world.
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