Home Saudi Arabia Petroleum Engineer (Economics & Strategy)

Home Saudi Arabia Petroleum Engineer (Economics & Strategy)

Petroleum Engineer (Economics & Strategy)

Full time at ARAMCO in Saudi Arabia
Posted on December 17, 2024

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 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.

Overview

We are seeking a Petroleum Engineer (Economics & Strategy) to join the Unconventional Resources (UR) Development Strategy & Reserves Division of Unconventional Reservoir Engineering Department. The UR Development Strategy & Reserves Division is responsible for providing technical support to upstream management encompassing all areas related to unconventional field development within the Kingdom. Your primary role is to provide in-depth knowledge and expertise in economic evaluation, investment planning and budgeting, field development and depletion planning, and investment decision analysis (including risk and uncertainty) on unconventional field development.

Key Responsibilities

As the successful candidate you will be required to perform the following:
  1. Prepare investment and budget plans, inclusive of both short and long-range planning.
  2. Build economic models and evaluations to support fast-paced development decision making.
  3. Work closely with multi-disciplinary teams and support functions to strategize and implement field development plans.
  4. Perform scenario planning, sensitivity, and portfolio ranking studies as directed by management.
  5. Carry out risk & uncertainty assessments inclusive of technical and financial components.
  6. Conversant with reserves estimation, validation and booking for unconventional plays.
  7. Provide economic & operational benchmarking of North American unconventional plays.
  8. Develop and implement new work processes, best technical practices, governance and controls.
  9. Coach and mentor less experienced Saudi engineers and effectively explain ideas, concepts, and techniques.
  10. Represent Saudi Aramco in external forums.
  11. Conversant in matters pertaining to Green Houses Gas (GHG) emissions abatement, sustainability, and circular economy.

Minimum Requirements

  1. As the successful candidate you will hold a Bachelor’s degree in petroleum engineering or related engineering degree as appropriate.
  2. An advanced degree in Petroleum Economics or Business would be an advantage.
  1. You will have a minimum of 12 years’ experience in unconventional hydrocarbon plays including shales, tight sands or channel reservoirs.
  2. Proficient with economic modeling and modeling of scenarios.
  3. Demonstrated ability to work in a fast-paced environment and handle ambiguity in analysis.
  4. Strong computer and data analysis/statistical skills, visualization with Spotfire.
  5. Solid organizational and time management skills. Ability to work with limited data.
  6. Excellent written and verbal communication skills with strong business planning acumen. Ability to produce high quality reports for management.
  7. Broad knowledge in drilling, stimulation and production technologies.
  8. Economically and financially literate.

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. #J-18808-Ljbffr

Apply on company website
Apply safely

To stay safe in your job search, information on common scams and to get free expert advice, we recommend that you visit SAFERjobs, a non-profit, joint industry and law enforcement organization working to combat job scams.

Share this job
See All ARAMCO Jobs
Improve your chance to get this job. Do an online course on Petroleum Engineering starting now. Claim $10 promo towards online courses. See all courses

Similiar Jobs that might interest you

... a Petroleum Engineer (Economics & Strategy) to join the Unconventional Resources (UR) Development Strategy & Reserves ...

Saudi Arabia 4 hours ago

Apply on Jobsite

... a Petroleum Engineer (Economics & Strategy) to join the Unconventional Resources (UR) Development Strategy & Reserves ...

Saudi Arabia 4 hours ago

Apply on Jobsite

Economic Analyst

 Saudi Aramco (ASC)

... and future business strategy, investment decisions, off ... in Economics/Business/Finance/Accounting or engineering related ...

Saudi Arabia 4 hours ago

Apply on Jobsite

Economic Analyst

 Saudi Aramco

... and future business strategy, investment decisions, off ... in Economics/Business/Finance/Accounting or engineering related ...

Saudi Arabia 4 hours ago

Apply on Jobsite

Engineering - Process

 NES Fircroft

... the world's leading engineering staffing provider spanning ... our clients with the engineering and technical expertise they ...

Saudi Arabia 4 hours ago

Apply on Jobsite

... certificate FE Preferred skills MECHANICAL ENGINEERING Fresh graduate or experience Experience ...

Saudi Arabia 4 hours ago

Apply on Jobsite

Engineer - Project

 NES Fircroft

... Job Title Project Engineer     Preferred Gender Male ... B.S in Mechanical Engineering  or Civil Engineering Specify work ...

Saudi Arabia 4 hours ago

Apply on Jobsite

... . Requirements: Degree in Computer Science, Engineering, Physical Science, Mathematics. 12 years ...

Saudi Arabia 4 hours ago

Apply on Jobsite

Engineering â€

 NES Fircroft

... certificate FE Preferred skills INSTRUMENTATION ENGINEERING Fresh graduate or experience Experience ...

Saudi Arabia 4 hours ago

Apply on Jobsite

Engineering â€

 NES Fircroft

... nesfircroft.com Role- Mechanical Engineer Location- Saudi Arabia ... clients with the engineering and technical expertise ...

Saudi Arabia 4 hours ago

Apply on Jobsite

... darshana.mithbavkar@nesfircroft.com Role-  Engineering - Mechanical / Piping Location- Saudi Arabia ...

Saudi Arabia 4 hours ago

Apply on Jobsite

Engineering - Process

 NES Fircroft

... darshana.mithbavkar@nesfircroft.com Role-  Engineering - Process Location- Saudi Arabia With ...

Saudi Arabia 4 hours ago

Apply on Jobsite

Natural Gas Strategist Engineer

 Saudi Aramco (ASC)

... Engineer to join the technical team of the Gas Strategy ... higher in petroleum engineering, economics, finance, business ...

Saudi Arabia 4 hours ago

Apply on Jobsite

... and development strategies, built on sound economics, to ... degree in Petroleum Engineering or a related engineering degree ...

Saudi Arabia 4 hours ago

Apply on Jobsite

... and development strategies, built on sound economics, to ... degree in Petroleum Engineering or a related engineering degree ...

Saudi Arabia 4 hours ago

Apply on Jobsite

... Strategy & Technical Support Department. The Gas Strategy ... petroleum engineering or related engineering ...

Saudi Arabia 4 hours ago

Apply on Jobsite

Gas Reservoir Engineer

 Saudi Aramco (ASC)

... and economic ... depletion strategies. • ... engineers. Minimum Requirements • Bachelor of science in petroleum engineering ...

Saudi Arabia 4 hours ago

Apply on Jobsite

Gas Reservoir Engineer

 Saudi Aramco

... societal and economic benefits ... and depletion strategies. Utilize ... in petroleum engineering or related engineering ...

Saudi Arabia 4 hours ago

Apply on Jobsite
See All Petroleum Jobs
Jobs
Courses
Saudi Arabia
Middle East
Asia
Europe
Australia
Africa
The Americas
Global
Promote courses on Laimoon Promote your courses
Free virtual classroom software

Copyright 2024 © Laimoon.com Privacy Policy   -    Terms Of Use

Feedback Feedback