Economist

Job Details

Economist – Oil & Gas

Location: Aberdeen or Uxbridge

Contract: 12 months

We are currently recruiting for an experienced Petroleum Economist to support a major operator within the UK energy sector.

This is an excellent opportunity for an established Economist with strong knowledge of the UK oil & gas fiscal regime and experience delivering economic evaluations across development, brownfield, decommissioning and strategic investment opportunities.

Key Responsibilities

You will play a key role in supporting investment and business planning activities, including:

• Delivering economic evaluations for investment opportunities across the UK.
• Supporting development, brownfield, decommissioning and other strategic projects.
• Presenting economic analysis to Joint Venture partners.
• Supporting project Gate Reviews and preparing associated Gate documentation.
• Providing economic input into project approvals, Strategic Plans and annual Work Programme & Budget processes.
• Supporting impairment and reserves reviews and Decommissioning Security Agreements.
• Participating in Peer Reviews and identifying requirements for Economics Peer Assists.
• Completing economic lookbacks on major expenditure to assess value creation and capital efficiency.
• Supporting commercial analysis, including tariff and cost-sharing negotiations.
• Supporting wider planning activities and ad hoc economic analysis as required.

What We're Looking For

We are looking for an experienced Petroleum Economist who can demonstrate:

• Strong experience completing UK oil & gas economic evaluations.
• Expert knowledge of the UK oil & gas fiscal regime.
• Previous experience working as the Economist within multidisciplinary project evaluation teams.
• Strong economic modelling experience, including the ability to review the work of other Economists.
• Experience supporting commercial evaluations, including tariff/cost-share negotiations and Decommissioning Security Agreements.
• Exposure to Geology & Geophysics, Reservoir Engineering, Facilities Engineering and Planning.
• Excellent stakeholder management skills, with the confidence to communicate economic analysis to senior leadership.
• Advanced Microsoft Excel capability.
• Strong presentation and communication skills.