Asset Optimization Engineer

bp; Houston (TX); Hybrid; USD 140,000 - 180,000; Full time

Job summary

BP America Inc. seeks an Asset Optimization Engineer in Houston, hybrid work within 50 miles. You will forecast natural gas demand, translate insights into pricing strategies, and optimize pipeline assets.

The role requires a chemical/energy economics background and 4 years in gas markets, with experience in ETMR tools, ICE Exchange, and cross-border trading. Travel ~5% is expected.

Qualifications

• Minimum: Bachelor's degree in a related field and four years of experience in energy markets.
• Experience with natural gas infrastructure including pipelines, storage, LNG terminals, hubs.
• Proficiency using Energy Trading and Risk Management tools for positions, logistics and risk.
• Familiar with buying, selling, hedging and trading in gas markets, including cross-border contexts.

Responsibilities

• Support internal demand predictions and translate into pricing strategies.
• Analyze regional gas market dynamics and transportation constraints to optimize assets.
• Collaborate with bench origination, market analytics and teams to shape strategy for South Texas and Mexico.
• Travel up to 5% domestically and internationally as required.

Skills

Analytical reasoning

Energy market knowledge

Cross-functional collaboration

Pricing strategy

Education

Bachelor's degree in Chemical Engineering

Bachelor's degree in Petroleum Engineering

Bachelor's degree in Finance

Bachelor's degree in Economics

Tools

ETRM tools

ICE Exchange

Trading platforms

Job description

Entity

Supply, Trading & Shipping

Job Family Group

Supply & Trading Group

Job Description

Employer: BP America Inc.

Job Title: Asset Optimization Engineer

Location: 201 Helios Way, Houston, TX 77079 (May work from home on a hybrid schedule within 50 miles of Houston, TX)

Duties: Support internal predictions for natural gas demand and translate those predictions into pricing strategies. Leverage knowledge of energy production and operations including the chemical make-up of natural gas, heat content, nitrogen, oxygen and carbon and determine how the chemical make-up affects natural gas transportation in the pipeline to optimize processes and logistics. Monitor the necessary volumes and surpluses in the region and perform market analysis to identify fluctuations of costs of natural gas. Facilitate optimization of existing and new assets in the portfolio by providing expertise in pipeline optimization engineering. Work closely with the rest of the bench origination, market analytics and other teams to build-out, and execute on, the Mexico Team and South Texas gas asset strategy. Facilitate cross-border communication and relationship management with stakeholders in the South Texas and Mexico Regions. May work from home on a hybrid schedule within 50 miles of Houston, TX. 5% domestic and international travel required.

Minimum Requirements: Bachelor’s degree or foreign equivalent in Chemical Engineering, Petroleum Engineering, Finance, Economics, Actuarial Science, or a closely related field plus four (4) years of experience utilizing the following: In-depth knowledge of and analyzing pricing mechanisms, supply and demand dynamics, and regional market behaviors in both the U.S. and Mexico. Experience to include two (2) years with natural gas infrastructure, including pipelines, storage facilities, LNG terminals, power plants, hubs, and their interconnectivity to optimize asset positions, forecast demand, and evaluate market access; utilizing Energy Trading and Risk Management (ETRM) tools to manage positions, transactions, logistics, and risk exposure; utilizing the ICE Exchange platform for executing trades and monitoring market activity; familiarity with financial and physical natural gas products, including the ability to buy, sell, hedge, and manage trading positions; and applying historical context of business environment for Mexico based counterparties to grow and maintain customer footprint in Mexico.

Travel Requirement

Negligible travel should be expected with this role

Relocation Assistance:

This role is not eligible for relocation

Remote Type

This position is a hybrid of office/remote working

Legal Disclaimer:

We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics like race, religion, color, sex, national origin, sexual orientation, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.