Senior Petroleum Economist – Tax-Free | Global Operator |
Permanent | Expat Package | Interviews in November
Are you ready to take your petroleum economics expertise to the global stage?
We’re partnering with a leading international operator in the Middle East seeking a Senior Petroleum Economist with a strong reservoir engineering background to drive strategic, high-value investment decisions across oil, gas, and energy transition portfolios.
This is an exceptional long-term expatriate opportunity offering tax-free salary, accommodation, annual flights, schooling allowance, transportation, and performance bonus.
🔍 About the Role
You’ll be at the heart of the operator’s investment and portfolio strategy — integrating reservoir engineering fundamentals with advanced economic modeling to shape decisions that impact billions in assets.
Your work will span upstream oil & gas, EOR, CCUS, hydrogen, and energy transition projects — collaborating with global experts and senior leadership to optimize value creation and portfolio performance.
⚙️ Key Responsibilities
- Lead economic evaluations for upstream assets, CO₂ sequestration, CCUS, and unconventional reservoirs.
- Conduct scenario and sensitivity analyses to guide investment and risk decisions.
- Develop probabilistic economic models to optimize NPV, PVR, and capital efficiency.
- Partner with financial institutions on reserves-based lending (RBL) and valuation processes.
- Support A&D activities, including reserves evaluation, development screening, and synergy assessments.
- Apply reservoir engineering methods (decline curve, type curve, PVT, SCAL, material balance) to validate project assumptions.
- Deliver production forecasts, portfolio rankings, and long-term strategic models.
- Collaborate with global consultants to enhance governance and portfolio decision frameworks.
- Drive cost optimization and innovation initiatives, maximizing operational value and NPV.
🎓 Qualifications & Experience
- Degree in Petroleum Engineering, Reservoir Engineering, or related discipline (Master’s preferred).
- 10+ years’ experience in petroleum economics and reservoir engineering.
- Proven track record in reserves reporting, asset valuation, and portfolio optimization.
- Strong understanding of fiscal regimes, economic modeling, and risk analysis.
- Proficiency in PEEP, Aries, Woodmac , Merak; familiarity with CMG or Eclipse preferred.
- Experience in RBL processes and cross-functional stakeholder engagement.
💡 What’s on Offer
- Tax-free salary and competitive expatriate package.
- Accommodation, schooling, transport, and annual flights provided.
- Permanent position – single or family status available.
- Work on cutting-edge energy transition and upstream projects with world-class partners.
- Join a collaborative, innovative environment shaping the future of energy.
