Senior Petroleum Economist

TotalEnergies; Kuala Lumpur; On-site; MYR 240,000 - 360,000; Full time

Job summary

TotalEnergies EP Malaysia seeks a Senior Petroleum Economist to shape investment decisions and strategy. You will develop economic models, run cashflow analyses and support portfolio decisions across TEPMY’s assets. This role requires extensive experience in upstream economics and PSC fiscal systems.

As part of the team, you will contribute to long-term planning, budget cycles and strategic reporting, collaborating with commercial and operations teams to optimize capital allocation.

Qualifications

• Experience in petroleum economics or energy sector finance.
• Knowledge of PSC fiscal terms and project evaluation.
• Ability to support management with economic insights and scenario analysis.

Responsibilities

• Build and run cashflow models for producing assets and projects.
• Perform NPV, IRR, breakeven and sensitivity analyses.
• Support portfolio screening, business planning and investment strategy.
• Provide inputs to risk and uncertainty analyses and reporting.

Skills

Economic modelling

NPV/IRR analysis

Cashflow modelling

Scenario analysis

Monte Carlo analysis

Portfolio screening

Budget cycles

Reporting to HQ

JV/contract negotiations

Education

Degree in Economics/Engineering/Finance

MBA or MSc in Energy Economics/Finance

Job description

Contexte et environnement

Are you ready to play a key role in shaping investment decisions and business strategy at TotalEnergies EP Malaysia? We are looking for a skilled Senior Petroleum Economist to serve as a core analytical contributor, supporting economic evaluation and strategic decision-making across TEPMY’s portfolio.

Your Impact

As the Senior Petroleum Economist, you will:

Strategic/Medium-to-Long Term

• Support development and enhancement of economic models, evaluation frameworks and analytical tools.
• Support portfolio screening, business planning and investment strategy formulation through economic insights and scenario analysis.

Operational/Execution (Economic Modeling & Evaluation)

• Build and run cashflow models for producing assets, development projects and exploration opportunities.
• Perform NPV, IRR, breakeven and sensitivity analyses to support investment decisions.
• Conduct economic screening of new opportunities, farm-ins/farm-outs and project sanctions.

Commercial & Portfolio Support

• Support commercial teams in new business opportunity evaluations, contract negotiations (PSC fiscal terms, pricing assumptions), cost optimization initiatives and JV partner engagements.
• Provide inputs to portfolio optimization, ranking and capital allocation decisions.

Risk & Uncertainty Analysis

• Perform scenario analysis and assist in probabilistic assessments (e.g., Monte Carlo) where required.
• Identify key economic drivers and risks across projects.

Reporting & Coordination

• Maintain strategic liaison with the headquarters and contribute to TEPMY Long Term Plan (LTP), Budget cycles, Reserves reporting (SEC/SPE where applicable), JPF, CDEP, BR, COVAL, CORISK and COMEX analysis and Business Unit and HQ reporting requirements.

Profil du candidat

What We Are Looking For

To succeed in this role, you will need:

• Degree in Economics, Engineering, Finance or related field.
• Advanced degree (MBA, MSc in Energy Economics, Energy Management, Finance, etc.) is an advantage.
• 5 to 12 years of experience in petroleum economics, commercial, or financial roles in the energy sector.
• Experience in upstream oil & gas economics is essential.
• Exposure to PSC fiscal systems, project evaluation and providing analytical support to management.