Petroleum Engineer

Overview
We are seeking a Petroleum Engineer (Economics & Strategy) to join the Unconventional Resources (UR) Development Strategy & Reserves Division of Unconventional Reservoir Engineering Department.

The UR Development Strategy & Reserves Division is responsible for providing technical support to upstream management encompassing all areas related to unconventional field development within the Kingdom.

Your primary role is to provide in-depth knowledge and expertise in economic evaluation, investment planning and budgeting, field development and depletion planning, and investment decision analysis (including risk and uncertainty) on unconventional field development.

Key Responsibilities

• 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.
• Conversant in matters pertaining to Green Houses Gas (GHG) emissions abatement, sustainability, and circular economy.

Minimum Qualifications

• 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 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.