Senior Upstream Economic Analyst for Investments & M&A

Abu Dhabi National Oil Company

Abu Dhabi

On-site

AED 350,000 - 550,000

Full time

14 days+

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Job summary

Abu Dhabi National Oil Company (ADNOC) seeks a Senior Specialist in Upstream Investment & Economic Analysis to provide expert economic analysis for investment decisions, capital projects, and business development. You will build robust economic models, evaluate concessions, and assess M&A and farm-in opportunities, delivering data-driven insights to senior management.

Collaborating with Group Companies, Finance and Legal, you will support portfolio optimisation and ensure adherence to ADNOC

Qualifications

Bachelor’s degree in Economics, Finance, Engineering, or related field.
10 years’ relevant experience in economic analysis, financial modelling, or investment evaluation within the oil and gas industry, with a focus on upstream activities.
Demonstrated experience in economic evaluation of capital projects, business development, or M&A transactions.
Exposure to working in or with large integrated oil and gas companies, or with international partners, is an advantage.

Responsibilities

Conduct economic evaluations of upstream investment opportunities, including concessions, capital projects, mergers & acquisitions, and farm-in/farm-out transactions, ensuring alignment with corporate strategy and maximising value.
Prepare and review detailed economic models, financial forecasts, and sensitivity analyses for proposed investments and business development initiatives.
Support the development and periodic review of the Upstream Investment Strategy, providing data-driven insights and recommendations to the VP and senior management.
Participate in the preparation of investment business cases and presentation materials for decision-making committees, including the Investment Program Committee (IPC) and Investment Committee (IC).
Collaborate with Group Companies and other directorates to ensure consistency in economic evaluation methodologies, assumptions, and reporting standards.
Assist in the review and assessment of fiscal regimes, concession agreements, and related legal documents, providing economic input to protect ADNOC and Government interests.
Conduct regular portfolio analysis and investment performance reviews, identifying optimisation opportunities and supporting capital allocation decisions.
Monitor macroeconomic, industry, and market trends, integrating market intelligence into economic analysis and investment recommendations.
Prepare position papers, reports, and briefing notes on economic and investment issues for senior management.
Ensure adherence to ADNOC’s economic evaluation procedures, internal controls, and best practice standards.
Build and maintain effective relationships with internal stakeholders, including Group Companies, Finance, Legal, and Executive Office, and external parties, such as international shareholders and consultants.