Economist

Airswift; Kuala Lumpur; On-site; MYR 180,000 - 260,000; Full time

Job summary

Air swift is seeking an experienced Economist to support asset valuation, project economics, and commercial decision-making within the upstream oil & gas sector, with a focus on Malaysian PSC environments.

You will develop economic models, perform NPV/IRR analyses, and work with cross-functional teams to guide investment decisions. The role requires 5+ years in upstream economics and strong Excel/PowerPoint proficiency.

Qualifications

• Degree in Economics, Finance, Engineering, or related field.
• Minimum 5 years' upstream oil & gas economics, commercial, or project evaluation experience.
• Strong knowledge of Malaysian PSC fiscal regimes.
• Experience with asset valuation, economic modelling, and investment analysis.
• Proficient in Excel and PowerPoint.

Responsibilities

• Develop economic models and evaluate producing assets and development projects.
• Conduct NPV, IRR, breakeven, sensitivity, and valuation analyses.
• Apply and interpret Malaysian PSC fiscal terms, including cost recovery and profit sharing.
• Assess investment opportunities, portfolio performance, and value enhancement initiatives.
• Support business planning, budgeting, and capital allocation decisions.
• Collaborate with technical, commercial, and finance teams to provide economic recommendations.

Skills

Asset valuation

Economic modelling

Investment analysis

Malaysian PSC knowledge

Upstream economics

Education

Bachelor's degree in Economics, Finance, Engineering, or related field

Tools

Excel

PowerPoint

PEEP

ARIES

PHDWin

Job description

Economist (Oil & Gas)

Location: Maxis Tower, KLCC, Kuala Lumpur

About the Role

Seeking an experienced Economist to support asset valuation, project economics, and commercial decision-making within the upstream oil & gas sector, with a focus on Malaysian PSC environments.

Key Responsibilities

• Develop economic models and evaluate producing assets and development projects.
• Conduct NPV, IRR, breakeven, sensitivity, and valuation analyses.
• Apply and interpret Malaysian PSC fiscal terms, including cost recovery and profit sharing.
• Assess investment opportunities, portfolio performance, and value enhancement initiatives.
• Support business planning, budgeting, and capital allocation decisions.
• Collaborate with technical, commercial, and finance teams to provide economic recommendations.

Requirements

• Degree in Economics, Finance, Engineering, or related field.
• Minimum 5 years' experience in upstream oil & gas economics, commercial, or project evaluation.
• Strong knowledge of Malaysian PSC fiscal regimes.
• Experience in asset valuation, economic modelling, and investment analysis.
• Proficient in Excel and PowerPoint.
• Experience with PEEP, ARIES, PHDWin, or similar tools is an advantage.