Veniece Ramachandran
Consultant - Oil & Gas
Job description Candidate is the lead person responsible to cover the subsurface discipline matters in protecting shareholders' valueA member of E & P team, reporting to Upstream Director, working together with other members of E & P team and assisting Upstream Director to deliver E & P business objective.A member in the Technical Committee representing the non-operator, responsible to review the Operator work on subsurface, FDP subjects to identify the risks and opportunities and to influence Operator to rectify shortcomings or improvement to protect shareholders' interestsLead the subsurface team, and mentor to junior subsurface staff, to carry out technical studies to verify and cross check on Operator workSet up and maintain a subsurface database, evaluation methodology and work processes, and contemporary software tools to continuously upgrade the subsurface data and knowledgeContract holder for engaging and QAQC works of external resources to carry out technical studies including seismic and QI studies, static and dynamic modelling, well optimisation, reserves calculations, production forecasting, FDP, ADP to support project maturation and implementation, stewardship and surveillance workReview Operator work for Final Investment Decision (FID) of development projectsProvide advices and seek endorsement from Board on S due diligence process, non-operator interests, development project FIDs, annual work program and budgets and annual business planning relating to technical studies and development projectsActively participate in company's HSE and CSR initiatives and programs that include but not limited to, safety observations and HSE Trainings, community and society contributions Qualifications and Skill: Minimum with Bachelor's degree in geology and geophysics or petroleum engineering or equivalent and relevant academic qualificationsMin 15 years' experience in the Oil & Gas company with focussed experience in one of the subsurface disciplines (RE, PT). Technical managerial skills would be a pre-requisiteDetailed skills in reservoir engineering or production technology who has coordinated integration of subsurface disciplines (GG, RE, PP, PT and Econs) in hydrocarbon maturation funnel, Field Development Planning and Area Development PlansFamiliar with reserves calculation and reporting and production forecastingExperience in using geomodelling and engineering software tools like PETREL and OFM or other analytical calculation in line with industrial standardKnowledge in well design, operations, drilling hazard analysis, drilling, cutting core and core analysis and production testing would be an advantageStrong analytical and strategic thinking skills and the ability to draw and support technical and commercial conclusions.Good communication and presentation skills, strong interpersonal skills. Ability to express professional opinions on technical subjects, both orally and in writing.Able to coach and mentor junior subsurface staff
As the Technical Advisor of the company, the scope of work and responsibility includes: Support Company Exploration & Production (E&P) Business in IndonesiaCheck and getting relevant information for operations in IndonesiaLiaise with reputable expert in the COMPANY businessPromote COMPANY's Operational capabilities, technical capabilities, strategic goals in IndonesiaMonitor competition level of the blocks that COMPANY will select (interested operators, how other operators make alliances, etc.)To find partnering or new ventures opportunitiesAdvise how to win the bid (bid terms such as work commitments, exploration programs)Other request from COMPANY and any other business in relation to above mattersTo provide market intelligence & networking which might be connected to inner-circle information.To suggest COMPANY on business strategies in Indonesia which includes, but not limited to, Farm-in opportunities and any other upstream & green business opportunities.Bi-weekly technical session which includes explanation for prospects of pre-selected blocks (blocks will be suggested based on discussion)Reviewing and advising COMPANY technical analysis work and checking Indonesian regulations, rules, policies and any applicable guidelines from the authorities and suggesting business decision**At least 20 years experience in the relevant field is required
WP&B and budget preparation and monitoring against internally approved corporate budget and approved WP&B.Ensure Compliance to PSC accounting as per the PSC and JOA.Prepare Petroleum Income Tax and Corporate Income Tax submission.Prepare reports or submission for transfer pricing, e-invoicing, GST / SST etc.Support the development of the accounting systems.Accounting of financial transactions (which include Revenue, cost, lnter-company accounts, and year-end adjustments) of all Joint Ventures and Area Office accounts.Prepare and ensure timely submission of monthly, quarterly and annual financial statements.Liaise with internal and external parties such as government authority (eg. IRB), JV operators & partners, tax consultants and auditors.WP&B and budget preparation and monitoring against internally approved corporate budget and approved WP&B.Ensure Compliance to PSC accounting as per the PSC and JOA.Prepare Petroleum Income Tax and Corporate Income Tax submission.Prepare reports or submission for transfer pricing, e-invoicing, GST / SST etc.Support the development of the accounting systems.Accounting of financial transactions (which include Revenue, cost, lnter-company accounts, and year-end adjustments) of all Joint Ventures and Area Office accounts.Prepare and ensure timely submission of monthly, quarterly and annual financial statements.Liaise with internal and external parties such as government authority (eg. IRB), JV operators & partners, tax consultants and auditors.
Creating production estimates, both probabilistic and deterministic, for scenario planning and economic assessment.Involved assess the project's economic worth, communicate with drilling, geologists, geophysicists, facilities engineers, and financial analysts.Modelling dynamic reservoirs.Creation of strategies for reservoir management.Communicate with partners and outside stakeholders in an understandable and efficient manner.Communicate with internal stakeholders.To accurately assess the project's economic worth, communicate with drilling, geologists, geophysicists, facilities engineers, and financial analysts.Creating production estimates, both probabilistic and deterministic, for scenario planning and economic assessment.Modelling dynamic reservoirs.Creation of strategies for reservoir management.Communicate with partners and outside stakeholders in an understandable and efficient manner.
Job Decriptions Provide reservoir engineering expertise, including expertise in field development planning, reservoir modeling/simulation, economic evaluation, feasibility studies, and due diligence.Expertise in conducting reservoir engineering analysis and economic evaluation utilising technical and economic software packages (Petrel, Eclipse) or industry-equivalent software packages. Assess and evaluate option to optimise production and recovery utilising data acquisition, interpretation, and analysis as well as techniques such as static and dynamic model utilising reservoir simulation software, well test interpretation, reservoir surveillance (KAPPA Suite, OFM, etc.), and well performance modelling. Contribute to the evaluation, classification, and audit of reserves and resources in accordance with the SPE Petroleum Reserves Definitions.Collaborate with multidisciplinary teams to identify, execute, and optimise well performance opportunities.Supervise and provide direction for drilling and field production operations. Requiremnts Technically proficient, with an MSc in reservoir engineering, petroleum engineering, or geosciences. Minimum 8 years of relevant practical experience in Geomodelling/Reservoir engineering from an E&P company and/or oilfield services company, with proficient skills in using Petrel and flow simulators like ECLIPSE and similar tools.Curious, self-driven, willing to learn and share knowledgeStructured, analytical, and proactive approach to solving business problems and client challenges. Energetic team player, willing to travel. Programming skills such as Python are desirable.Proficient in English (written & spoken).-Malaysian only / Right to work in Malaysia.
Senior Petroleum EconomistJob description- Overall responsible for Upstream assets and development projects economic valuation in SMJSB.- A member of SMJ EP team, reporting to SMJ Upstream Director, working together with other members of SMJ EP team and assisting SMJ's Upstream Director to deliver SMJ EP business objectives- Responsible to develop, update and maintain petroleum economic and financial models, perform regular quality checks to ensure models are bugs free, accurate and efficiently organized and documented for quality control and audit trail purposes- Responsible to organize and quality check on input data and assumptions, on technical and financial, to the economic and financial models and quality check on output data to make sure modelling and calculations are error free prior to releasing results to stakeholders- Responsible to perform exploration and late life asset economics both using deterministic and probabilistic approach- With the support and input from external consultant, carry out comprehensive economic evaluations backed up with appropriate commercial terms in all Upstream asset acquisition exercise.- Responsible to prepare and report out, make presentations to management team on results and recommendations on economic and financial evaluations- Contract holder and manager for engaging external consultants on inputs to Upstream economic and fiscal terms modelling.- Actively participate in company's HSE and CSR initiatives and programs that include but not limited to, safety observations and HSE Trainings, community and society contributionsQualifications and Skill:- Minimum with Bachelor's degree in petroleum engineering or equivalent engineering or economics- Min 15 years' experience in the Oil & Gas company with considerable experience in petroleum economics- Experience in Upstream commercial negotiation would be an added advantage- experienced in managing wide range of petroleum economics and fiscal terms in Malaysia like PSC and PITA terms, cost recovery, ARO issues etc..- experienced in managing wide range in exploration (EMV approach), project FIDs (incremental approach) and production economics (enhancement, efficiency and Late Life Assets).- Strong and fast in Microsoft office tools and good data management skills- Strong analytical and strategic thinking skills and the ability to draw and support technical and commercial conclusions. - Good communication and presentation skills, strong interpersonal skills. Ability to express professional opinions both orally and in writing. - Able to mentor junior petroleum economist staff in EP works. - Able to cope with high pressure working environment in fast turnaround and off office hour works.