Global Oil Supply Specialist

Aramco Overseas Company UK Ltd; Dhahran Compound; On-site; USD 120,000 - 180,000; Full time

Job summary

An established industry player is seeking a Global Oil Supply Specialist to join their Global Analysis Department. This role involves analyzing global oil supply dynamics, developing forecasts, and advising on market trends. The ideal candidate will have over 15 years of experience in the energy sector, particularly in oil and gas, and possess strong modeling and forecasting skills. You will engage with multidisciplinary teams and represent the organization at key events, contributing to strategic decisions that shape the future of energy. Join a company that values innovation and invests in developing its workforce.

Qualifications

• 15+ years in the energy industry, focusing on oil and gas upstream sector.
• Proven experience in modeling and forecasting with large oil consultancies.

Responsibilities

• Analyze global oil supply and trade flow implications.
• Develop robust supply forecasts considering various impacting factors.
• Maintain a network of industry contacts for insights and information.

Skills

Oil Market Analysis

Modeling and Forecasting

Communication Skills

Multidisciplinary Team Collaboration

Technical Understanding of Upstream Oil and Gas

Education

Bachelor's Degree in Business, Management or Engineering

MBA or Master's in Energy Economics

PhD in relevant field

Job description

Aramco energizes the world economy.

Aramco occupies a special position in the global energy industry. We are one of the world's largest producers of hydrocarbon energy and chemicals, with among the lowest Upstream carbon intensities 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 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 as well as 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 as well as be capable of running sophisticated models (in-house) for forecasting.

Key Responsibilities

As a successful candidate you will be required to perform the following:

• Analyzing the supply side of the global and regional oil market, understanding the issues surrounding liquid supply and their trade flows, as well as the implications for the company's main markets and operations.
• Developing robust short, medium, long term liquids supply forecasts on country by country basis taking into consideration factors that are likely to impact supply such as fiscal, investment, political environments, and nature of the assets and declines rates.
• Delivering detailed country analysis encompassing the factors that affect the country's oil supply such as commercial developments, reserves growth, other discoveries, infrastructure issues, marketed crude streams and crude quality outlook.
• Analyzing well, field and basin reports to determine production statistics and results.
• Providing in-depth tracking of information, news flows and consultancies reports on macroeconomic, energy and company related coverage.
• Developing, maintaining and utilizing an extensive external network of contacts including strategic advisors, investment banks, international and national oil and gas companies, think tanks, academics, and consultants.
• Responding to queries regarding specific supply related topics.
• Representing SMA and GAD in Saudi Aramco events in order to increase employee understanding to the energy industry.

Minimum Requirements

As a successful candidate you will have:

• Bachelor's Degree in Business, Management or Engineering field.
• MBA, Master of Energy Economics or PhD desirable.
• Minimum of 15 years experience in the energy industry, in particular the oil and gas upstream sector. Thereof, 5 or more years of relevant modeling and forecasting experience with a large oil consultancy
• A strong understanding of the technical/fundamental drivers in upstream oil and gas.
• Proven ability to interface and effectively communicate with industry and non-industry personnel at all levels within the organization and the with outside experts.
• Ability to communicate with 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
• Ability to work with multidisciplinary teams producing reports, studies and presentations that are pivotal in shaping the management's decisions.

Working environment

Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.

At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world's biggest technical, logistical and environmental challenges, we invest heavily in talent development.

We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs - one of the largest in the world.

Country/Region: SA