Global Refinery LP and Modelling Specialist
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 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 Refinery Linear Programming (LP) and Modelling Specialist to join the Global Analysis Department, within Strategy & Market Analysis.
The Global Analysis department serves as the corporate think tank on global issues, including several functions such as scenario planning, short and long-term outlook, and third-party benchmarking. The department looks at factors affecting market conditions as well as provides forecasts on global product prices. The department develops scenarios and market insights to support executive management decision-making.
The LP and modelling specialist will be responsible for managing, developing, improving, maintaining and using LPs and other models to help set monthly crude oil selling price (OSPs) and LPG Contract Price (CPs) as well as to forecast the short term and long term evolution of the refinery system, product supply, product pricing, and crude pricing. The person will be part of the Oil Pricing Team but also work with the Global Outlook team as refinery models are spread between the two.
Key Responsibilities
As a successful candidate you will be required to perform the following:
Minimum Requirements
As a successful candidate you will have:
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
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 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 Refinery Linear Programming (LP) and Modelling Specialist to join the Global Analysis Department, within Strategy & Market Analysis.
The Global Analysis department serves as the corporate think tank on global issues, including several functions such as scenario planning, short and long-term outlook, and third-party benchmarking. The department looks at factors affecting market conditions as well as provides forecasts on global product prices. The department develops scenarios and market insights to support executive management decision-making.
The LP and modelling specialist will be responsible for managing, developing, improving, maintaining and using LPs and other models to help set monthly crude oil selling price (OSPs) and LPG Contract Price (CPs) as well as to forecast the short term and long term evolution of the refinery system, product supply, product pricing, and crude pricing. The person will be part of the Oil Pricing Team but also work with the Global Outlook team as refinery models are spread between the two.
Key Responsibilities
As a successful candidate you will be required to perform the following:
- Develop, improve, maintain and use LPs and other models to support the Oil Pricing team and Global Outlook team for setting monthly crude OSPs, monthly LPG CPs, forecasting crude and product prices and the evolution of the global refining system, developing forecasts based on solid modelling and assumptions.
- Conduct independent analysis of global refinery systems, provide commentary and quantitative analysis on current and forecasted status of global refinery market, synthesize cross-regional trends into insights.
- Guide and design improvements and models to understand refining market dynamics. Challenging, validating models and improve tools to monitor and forecast downstream sector.
- Highlight Downstream insights on different regions; presenting key highlights on direction of refinery system going forward.
- Assists Director and Division Heads with adhoc requests or special projects: responds to queries regarding specific topics.
- Represents Saudi Aramco at industry conferences and seminars. Travel is required one or two times a year.
Minimum Requirements
As a successful candidate you will have:
- Bachelor degree in Engineering, Business or Management. Masters degree preferred
- Minimum 15 years professional work experience. Thereof, a minimum of 10 years of downstream oil and gas industry and LP modelling Experience.
- Advanced skills using refinery LP tools and excel plus a good understanding of the downstream refinery systems.
- Demonstrable knowledge on refinery LP optimization.
- Experience gained from within O&G industry: trading houses, consultancy, downstream players.
- Sound knowledge of Oil market and financial modelling are desirable.
- Fluency in English (oral and written) is a must.
- Strong modeling capabilities and understanding of refinery operation, refined product prices, trade flow dynamics, and production balances.
- Ability to mentor and motivate junior staff members.
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
JOB SUMMARY
Global Refinery LP and Modelling Specialist
Dhahran
7 days ago
N/A
Full-time