Position-Jobs in Saudi-Arabien

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 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.

We are seeking an Economic Analyst to join our Carbon Capture & Sequestration Department (CCS).

The Carbon Capture & Sequestration department is responsible for the development and deployment of advanced technologies and strategies that enable large-scale removal and permanent storage of carbon dioxide from industrial emissions.

As an Economic Analyst, you will develop and maintain economic models along with cost competitive analysis for carbon capture, utilization, sequestration transactions, derivative markets, and businesses.

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

• Develop a deep understanding of project economics for carbon capture, utilization, and sequestration value chain.
• Regularly report and present to management relevant economic analysis based on project configuration changes and other applicable factors.
• Carry out end-to-end project economic assessments across the entire value chain, from feedstocks to various end-markets.
• Conduct cost competitiveness and benchmarking of various projects.
• Drive financial and economic assessments relating to potential investments, as well as strategic assessments of potential partners.
• Assist in establishing and shaping pricing mechanisms and strategies for carbon capture, utilization, and sequestration.
• Develop an understanding of technologies and processes for carbon capture, utilization, and sequestration.
• Maintain various financial models for carbon capture, utilization, and sequestration business, by monitoring and calculating IRR’s, cash flows, NPV’s, cash cost, and conducting margin analysis.
• Develop profit and loss analysis, as well as understand financial statements and glean relevant insights regarding competitive assessments and benchmarking.
• Mentor junior analysts while keeping up-to-date with the market pricing and industry developments within carbon capture, utilization, and sequestration business.

As a successful candidate, you will hold a:

• Bachelor’s degree in Economics, Finance, or an engineering-related degree.
• Minimum of ten (10) years of experience in financial modeling, including at least 5 years in the carbon capture, utilization, and sequestration business.
• Strong economic and financial modeling skills.
• Expertise in using MS Excel and other related software.
• Substantial background in areas of financial management and economic analysis, commercial law, taxation, and investments.

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. As a global energy company, we are faced with addressing some of the world’s biggest technical, logistical, and environmental challenges, and 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.