Job details

Location
Sabah
Salary
£27.1k - 54.3k per year
Job Type
Permanent
Ref
241499
Posted
11 Monate her

Senior Petroleum Economist

Job 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 contributions

Qualifications 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.