Job Description

Saudi Aramco

Petroleum Engineer (Economics & Strategy)

Job id: 572270

02 Apr 2025

Job Location

Saudi Arabia

Experience

12 to 17 years

Qualification Level

Engineering Graduates/PG

Job Function

Administration / Commercial Operations
Engineering
Oil / Gas / Petroleum

Skillset

data analysis/statistical skills , experience in in unconventional hydrocarbon

Jobseeker Nationality

Jobseekers from any country

Key Responsibilities:

As the successful candidate you will be required to perform the following:

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

Minimum Requirements:

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

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