Oil Supply Specialist
| X07-70023202 | |
| Oil Supply Specialist | |
| Corporate Planning | |
| Other | |
| Finance | |
| Saudi Arabia's national oil company, Saudi Aramco, is a fully integrated petroleum company with operations in exploration and production; refining, petrochemical manufacturing, marketing and shipping; and with a work force of over 54,000 employees. It manages the world’s largest proven oil reserves – or about one-fifth of total global oil reserves – and the world’s fourth largest gas reserves. Saudi Aramco is also the world’s leading oil producer and exporter. The core function of the Corporate Planning organization is to advise the company’s management and guide other departments within the company on energy markets and outlooks, economic evaluations, oil pricing, macroeconomic outlook, and international energy policies and regulations. Corporate Planning serves as the center of expertise on the application of economic principles and assumptions to business issues throughout the company. Position Background The Energy Outlook Group helps evaluate various aspects of the company’s short- and long-term energy challenges of a global nature, offering consultations on strategic planning to executive management and various company organizations, specifically with respect to short- and long-term global oil market supply, demand, and price projections. The outcomes of analyses are used to forecast the call on crude oil production from Saudi Aramco. The Supply Specialist is required to understand the interplay of the many variables that affect supply and the call on Saudi Aramco. The Corporate Planning organization at Saudi Aramco seeks to appoint an Oil Supply Specialist (OSS) competent in analyzing the supply side of the global oil market, understanding the issues surrounding liquids’ supply and their implications on the company’s main operations, and communicating them to the company’s management. The OSS must be experienced in locating, gathering, organizing and analyzing oil production data from both non-OPEC and OPEC countries. The OSS must also demonstrate the ability to work with multidisciplinary teams producing reports, studies and presentations that are pivotal in shaping the management’s decisions. | |
| Education and Experience Bachelor's Degree in Engineering, Economics, Business Administration, Accounting, Financial Management or closely related specialty. Graduate Degree is desirable. Incumbent will have regularly advanced professional competence through personal study, professional societies, seminars and extension courses. •Knowledge of the energy industry, in particular the oil and gas upstream sector, gained from 15-years of experience with international oil companies, international energy institutions (such as IEA or EIA), or international consultancies (such as CERA, PIRA, PFC or Wood Mackenzie). The candidate will have a strong fundamental understanding of the technical and economic drivers in upstream oil and gas. •Experience with spreadsheets, statistical tools, modeling and forecasting. •Proven ability to interface and effectively communicate with industry and non-industry personnel at all levels within the organization and with outside experts. •Strong written and oral communication skills to individuals and groups from diverse professional backgrounds at all levels both within the organization and externally. •Ability to work effectively with minimum supervision and on relatively unstructured tasks. | |
| Serve as advisor to Corporate Management and other company organizations on global oil supply issues encompassing the following: •Analyzing well, field, and basin reports to determine production statistics and results. •Developing and maintaining oil supply models including non-OPEC and OPEC countries. •Developing robust short-, medium-, and long-term liquids supply forecasts on a country by country basis taking into consideration such factors as fiscal, investment-related, political, environmental, and the nature of assets and decline rates that are likely to impact supply. •Provide analysis, and interpretation of the oil supply forecasts in high quality written reports using Word and/or PowerPoint. •Required to occasionally deliver detailed country analysis encompassing the factors that affect the country’s oil supply, such as existing proven, probable and possible reserves and their implications for oil supply; undiscovered resource potential; maturity and decline rates of already developed fields; new sources of oil supply, such as deep sea developments, arctic developments, oil shale source rocks as an emerging source of oil supply and unconventional oil; commercial developments and their economics; impact of technological advancements on future developments, recovery and supply; marketed crude oil streams; and crude oil quality outlook. •Representing Saudi Aramco at industry conferences and seminars. •Representing Corporate Planning and the Energy Outlook Group in Saudi Aramco events to increase employee understanding of the oil industry, such as the Business Acumen Program and various internal courses and workshops. •Representing Corporate Planning and the Energy Outlook Group by delivering high level industry talks and seminars to visiting entities. | |
| 3078BR |
3078BROil Supply Specialist
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