Oil Demand Expert - RELOCATE TO SAUDI ARABIA

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aramco
Edmonton
CAD 120,000 - 180,000
Be among the first applicants.
2 days ago
Job description

Candidate must Relocate to Saudi Arabia.

Aramco energizes the world economy

Aramco occupies a unique position in the global energy industry. We are the world's largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer.

With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco’s value to society.

Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations’ spanning view of the future, born of our nine decades of experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.

We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.

Overview

We are seeking a Global Oil Supply Specialist to join the Global Analysis Department (GAD) and work in the Global Outlook Group within Strategy & Market (SMA) organization.

The core function of the SMA organization is to advise the company’s management and guide other departments within the company on energy markets and outlooks, macroeconomic outlook, oil pricing, international energy policies and regulations, and economic evaluations as well as assist in business planning and strategy formulation.

The Global Oil Supply Specialist will provide Corporate Management and other organizations within the company with global oil supply outlooks in the short, medium, and long terms using a bottom-up approach, and forecast the call on Saudi Aramco crude oil production. The specialist will also monitor current and future regulations to identify possible impacts on the Company’s oil business and be capable of running sophisticated models (in-house) for forecasting.

Key Responsibilities

  • Analyzing the supply side of the global and regional oil market, understanding issues surrounding liquid supply and their trade flows, and implications for the company’s main markets and operations.
  • Developing robust short, medium, and long-term liquids supply forecasts on a country-by-country basis considering factors impacting supply such as fiscal, investment, political environments, and asset decline rates.
  • Delivering detailed country analysis covering factors affecting oil supply, including commercial developments, reserves growth, discoveries, infrastructure issues, and crude quality outlooks.
  • Analyzing well, field, and basin reports to determine production statistics and results.
  • Providing in-depth tracking of macroeconomic, energy, and company-related coverage through news flows and consultancy reports.
  • Developing, maintaining, and utilizing an extensive external network of contacts including strategic advisors, investment banks, oil and gas companies, think tanks, academics, and consultants.
  • Responding to queries regarding specific supply topics.
  • Representing SMA and GAD in Saudi Aramco events to increase employee understanding of the energy industry.

Minimum Requirements

  • Bachelor’s Degree in Business, Management, or Engineering field.
  • MBA, Master of Energy Economics, or PhD preferred.
  • Minimum of 15 years of experience in the energy industry, especially upstream oil and gas, including at least 5 years of relevant modeling and forecasting experience with a large oil consultancy.
  • A strong understanding of technical/fundamental drivers in upstream oil and gas.
  • Proven ability to interface and communicate effectively with industry and non-industry personnel at all levels within the organization and externally.
  • Ability to work independently and on relatively unstructured tasks.
  • Ability to collaborate with multidisciplinary teams producing reports, studies, and presentations that influence management decisions.

Work Environment

Our high-performing employees are drawn by challenging and rewarding opportunities, supported by investment in capital and technology. We invest heavily in talent development, offering extensive training and education programs to enhance sector-specific knowledge and competencies.

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