Senior Refinery Optimization Economist

Saudi Aramco; Saudi Arabia; On-site; SAR 350,000 - 600,000; Full time

Job summary

Saudi Aramco is seeking a Refinery Planning Economist to join the Asset Optimization Division under the Global Optimizer Department in Saudi Arabia. The role focuses on optimizing refinery crude allocation, crude mix, and product slates, collaborating with Aramco Trading Company and regional teams to maximize profitability and asset value.

You will lead LP runs, analyze constraints, mentor junior economists, and contribute to yearly business plans.

Qualifications

• Bachelor’s degree in an Engineering discipline and experience in downstream business.
• Minimum of 12 years in downstream, including manufacturing and commercial aspects.
• Minimum of 3 years in executing LP models and economic analysis.
• Experience in refinery-chemical integration is advantageous.
• Proficiency in international business and cross-cultural practices; Mandarin/Korean helpful.

Responsibilities

• Lead local Linear Programming (LP) runs at refineries to drive optimization and provide inputs for circuit model results.
• Analyze constraints affecting asset logistics and unit performance; identify investment ideas.
• Collaborate with ATC to integrate market perspectives into LPs and assess feedstocks and blendstocks opportunities.
• Foster collaboration among asset economists to consolidate LPs and defend refinery interests.
• Contribute to yearly business plans and execute short-term optimization across refineries and central teams.
• Evaluate strategic investments to improve system efficiency and profitability; lead profit improvement studies.
• Mentor junior economists and modelers in optimization principles.

Skills

Leadership

Economic analysis

Mentoring juniors

Cross-cultural collaboration

Education

Bachelor’s degree in Engineering

MBA desirable

Tools

Linear Programming (LP)

Job description

Saudi Aramco is seeking a Refinery Planning Economist to join the Asset Optimization Division under the Global Optimizer Department in Saudi Arabia. The role focuses on optimizing refinery crude allocation, crude mix, and product slates, collaborating with Aramco Trading Company and regional teams to maximize profitability and asset value.

You will lead LP runs, analyze constraints, mentor junior economists, and contribute to yearly business plans.