This role requires the candidate to permanently relocate to Dhahran, Saudi Arabia.About the CompanyThis company engages in the exploration, production, transportation, and sale of crude oil and natural gas. It operates through the following segments:Upstream: includes crude oil, natural gas, and natural gas liquids exploration, field development, and production.Downstream: focuses on refining, logistics, power generation, and marketing of crude oil, petroleum and petrochemical products, and related services.Corporate: 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 SummaryWe 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:Economic Evaluation, Business Planning, and budgetingField development and depletion plansInvestment decision analysis (including risk and uncertainty)URED provides high-level 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 Company's 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 fast-paced 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 multi-disciplinary 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- & long-range 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 the Company in external forums.Requirements:This role requires the candidate to permanently relocate to Dhahran, Saudi Arabia.Bachelor's degree in Petroleum Engineering or related field, with an advanced degree in Petroleum Economics or Statistics being advantageous.12-15 years of experience, with at least 5-8 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 fast-paced 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.Desired Candidate ProfileEducation: Bachelor of Technology/EngineeringGender: Not MentionedNationality: Any Nationality
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