Job Description

This role required candidate to permanently relocate at Dhahran Saudi Arabia.

About the Company


This company engages in the exploration production transportation and sale of crude oil and natural gas. It operates through the following segments: Upstream Downstream and Corporate. The Upstream segment includes crude oil natural gas and natural gas liquids exploration field development and production. The Downstream segment focuses on refining logistics power generation and the marketing of crude oil petroleum and petrochemical products and related services to international and domestic customers. The Corporate segment offers supporting services including human resources finance and information technology. The company was founded on May 29 1933 and is headquartered in Dhahran Saudi Arabia.

Job Summary

We are seeking an experienced Petroleum Engineering (PE) professional to join our Unconventional Reservoir Engineering Department (URED). This position is based in Dhahran Saudi Arabia.

Reporting to the Manager of the UR Development Strategy and Reserves Division the PE will have broad experience within the unconventional upstream oil and gas industry. The PE should have in depth knowledge and expertise with the following: (1) Economic Evaluation Business Planning and budgeting (2) Field development and depletion plans and (3) Investment decision analysis (including risk and uncertainty).

URED provides highlevel technical support to upstream management encompassing all areas related to unconventional field development within the Kingdom. This role requires both depth and breadth of critical technical expertise managerial acumen and exceptional communication skills. The successful candidate will provide strategic options for unconventional development with emphasis on economic evaluation. The successful candidate will apply holistic modeling and decision analysis techniques to support value optimization of the full upstream portfolio within the Companys upstream strategy. Additionally the successful candidate will have significant liaison responsibilities with several organizations internal to This Company including Finance Corporate Strategy & Market Analysis and Reserves.

Responsibilities:

• Conduct economic modeling to support development as part of commerciality assessment.
• Perform economic evaluation to aid fastpaced development decisions collaborating closely with support functions such as Corporate Finance Strategy and Reserves groups.
• Undertake Risk & Uncertainty assessment of technical and financial components.
• Execute specific scenario planning and sensitivity studies as directed by Management.
• Collaborate closely with multidisciplinary teams to strategize and implement field development plans.
• Possess expertise in Reserves estimation validation and booking for unconventional plays.
• Familiarity with business planning processes including short & longrange planning and portfolio ranking.
• Provide economic and 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 effectively explaining ideas concepts and techniques.
• Represent This Company in external forums.

Requirements:

• This role required candidate to permanently relocate at Dhahran Saudi Arabia.
• Bachelors degree in Petroleum Engineering or related field with an advanced degree in Petroleum Economics or Statistics being advantageous.
• 1215 years of experience with at least 58 years in unconventional plays such as shale tight sand or channel reservoirs.
• Experience in unconventional hydrocarbon basins is required with preference given to candidates with experience in unconventional greenfield development.
• Knowledge of applications such as PEEP MOSAIC Enersight PVTsim ProjectRA and Spotfire is required.
• Demonstrated ability to work in a fastpaced environment and handle ambiguity in analysis.
• Strong computer and data analysis/statistical skills with proficiency in visualization using Spotfire.
• Proficient in economic sensitivities and possesses business planning acumen.
• Solid organizational and time management skills with the ability to work with limited data.
• Excellent written and verbal communication skills including the ability to generate management reports.
• Broad knowledge in drilling stimulation and production technologies.

Petroleum,Engineer,URED,Unconventional,Reservoir

Job Tags

Similar Jobs