Strategy Planning Engineer - Downstream

Overview:

The Downstream Strategy & Planning Engineer will join the Investment & Portfolio Analysis Division in the Downstream Strategy and Capital Planning Department (DS&CP). DS&CP is responsible for the coordination (and development support) of all of SAO’s Downstream Investment Plan and Strategy. It also provides quantitative input to SAO’s Downstream Executive Committees, working in close co-operation with other Strategy & Capital Planning Divisions across the organization. The Downstream Strategy & Planning Engineer’s primary role is to provide quantitative analysis and confirmation of SAO’s Downstream Investment Plan strategic fit.

Responsibilities:

• Provides techno-economic analysis on all different types of Downstream Opportunities, mainly focusing on Refining / Petrochemicals integrated assets and their interaction with further downstream (Trading, Retail) hydrocarbon value chain segments. Evaluates their fit with SAO’s Downstream strategy.
• Develops quantitative analysis on sustainability / ESG implications on SAO’s Downstream Investment Plan, focusing on emissions & product carbon footprint evaluations.
• Co-operates with all of Downstream’s Business units and other corporate functions in establishing and updating appropriate investment analysis criteria.
• Provides commercial and technical expertise in executing the downstream strategy, including appraisal of strategic options, identification of strategic trade-offs, and implementation plans.

Education & Experience Requirements:

Bachelor’s degree in a Chemical Engineering related field, MBA or a relevant advanced degree is strongly preferred.

Minimum of 15 years of professional experience in operations, technology & business development, with a strong track record of economic and commercial evaluations for downstream opportunities, mainly in refining and petrochemicals but also other segments (trading, retail, low carbon energies).

Experience with asset techno-economic modelling and optimization tools (e.g. PIMS, Petroplan) as well as data management and use from main downstream / industry consulting entities (IHS (S&P), WoodMac, Rydstad).

Knowledge of main Refining and Chemicals process technologies, including recent developments in the sustainability space (decarbonization, circularity, non-fossil feedstocks, etc.).

Knowledge and understanding of the global energy markets and their trends, with a strong external perspective and a professional network.

Ideally, international and multi-cultural working exposure.

Benefits:

• Compelling remuneration package.
• Permanent Employment on an Indefinite Term Employment Agreement.
• The company's Incentive Plan: This is a broad-based annual and performance-based incentive plan based on company and individual performance, base salary, and length of service during the plan year.
• Annual repatriation travel allowance: An annual cash payment that more than covers airfare costs to your home country.
• Annual vacation: Up to 38 calendar days of paid leave each year, plus public holidays.
• Severance award: In accordance with Saudi labor law, payable to employees who leave after two years or more of satisfactory service.
• Education Assistance Plan: Eligible for the company’s education assistance plan for dependent children.
• Quality housing in company communities or a rental assistance allowance.
• Free medical care via our subsidiary medical network or contracted hospitals and clinics.
• Free access to recreational facilities including private beaches, gyms, and pools.
• Free scheduled transportation within camp areas and to work locations.
• Voluntary Group Life and Accident Insurance with favorable group rates.
• Short-term income benefits in case of illness or injury.
• Death Benefit: The company pays an ex-gratia death benefit based on the circumstances of death.
• Career development opportunities to develop your career and expertise.