About Us:
Step into a world of opportunities in the realms of Oil and Gas, and Energy with our specialized Recruitment Services. At Kariera Group Recruitment Services, we take pride in being the matchmakers for exceptional talent and the key roles that drive innovation and success in the industry. Our mission is to align skilled professionals with forward-thinking companies, ensuring a perfect fit for both candidate and employer. Let us navigate your career journey or help you find the ideal candidate to power your team. Elevate your career or organization with us, where talent meets opportunity.
About the Role:
Kariera Group recruitment services are actively seeking a seasoned and self-driven Petroleum Economics Specialist to join our client’s Upstream Development Strategy & Reserves Department which is based in Dhahran, Saudi Arabia and manages one of the world’s largest portfolios of on-shore and off-shore oil and gas fields.
Key Responsibilities:
- Must have strong familiarity with: geology/geophysics, petrophysics, drilling operations, completion methods, artificial lift, well testing, flow assurance, production operations, surface facilities design, and cost estimation.
- Experience working in a large organization with a varied portfolio of reservoirs, or had a wide range of experience in smaller companies.
- Expertise in oil and gas reservoir development and depletion plans.
- Expertise in investment decision analysis (including risk and uncertainty), strategic long-term production plans and portfolio analysis.
- Extensive experience presenting to executive management and large audiences. Duties & Responsibilities
- Provides expert advice and assistance on operating problems.
- Specifies design criteria and relevant operating parameters for development of new oil and gas projects.
- Participates in project technical reviews and reviews proposals for new or changed operating procedures to ensure efficient and economic operations.
- Conducts economic studies and cost analysis to resolve alternative courses of action.
- Provides guidance on upstream investment opportunities.
- Performs impairment assessment on upstream assets.
- Conducts field portfolio management and projects ranking.
- Leads the process of building and updating guidelines for upstream economics evaluation
- Develop less-senior staff through designing, implementing and overseeing professional development programs
Requirements:
- BS in Petroleum Engineering or related disciplines; advanced degrees in Business, Petroleum Economics, Finance or related would be very beneficial.
- Heavy experience experience gained through working for a reputable oil and gas consulting and/or E&P companies specializing in PE technical disciplines such as: Reservoir characterization, Petroleum Development Architecture, Business Development Planning, Reservoir Surveillance & Monitoring, Reserves Assessment and Economic Evaluations.
Benefits:
Full expat TAX free remuneration package