Remote Petroleum Economics Strategist

Placements24; LegKraal Gate; Hybrid; ZAR 1,488,000 - 2,149,000; Full time

Benefits offered by this job

Competitive salary

Annual bonus

Fully remote

Health insurance

Dental insurance

Vision insurance

Paid time off

Home office stipend

Job summary

Placements24 is seeking a highly analytical Petroleum Economist to join its strategic planning team in a fully remote role. You will evaluate the economic viability of exploration and production projects, develop robust financial models, and translate complex data into actionable recommendations to support senior decision-makers across the energy business.

The ideal candidate holds a master’s degree in Economics, Finance, Petroleum Engineering or a related quantitative field, with at least five

Qualifications

• Master's degree in Economics, Finance, Petroleum Engineering, or a related quantitative field.
• Minimum 5 years of experience in petroleum economics, financial analysis, or economic evaluation within Oil & Gas.
• Proficiency in economic modeling software (e.g., Aries, DSS) and advanced spreadsheet skills.
• Strong understanding of financial concepts, investment appraisal techniques, and risk management.
• Exceptional analytical, quantitative, and communication skills, enabling effective remote collaboration.

Responsibilities

• Develop and maintain economic models for evaluating exploration, development, and production projects.
• Conduct sensitivity and risk analyses to assess project uncertainties and potential financial outcomes.
• Analyze market trends, commodity prices, and geopolitical factors impacting the energy sector.
• Prepare economic evaluations, reports, and presentations for senior management and stakeholders.
• Provide economic input for business development activities, mergers, and acquisitions.

Skills

Economic modeling

Financial analysis

Quantitative analysis

Remote collaboration

Education

Master's degree in Economics, Finance, Petroleum Engineering, or related field

Tools

Aries

DSS

Job description

Placements24 is seeking a highly analytical Petroleum Economist to join its strategic planning team in a fully remote role. You will evaluate the economic viability of exploration and production projects, develop robust financial models, and translate complex data into actionable recommendations to support senior decision-makers across the energy business.

The ideal candidate holds a master’s degree in Economics, Finance, Petroleum Engineering or a related quantitative field, with at least five