Commercial Analyst



Personal Qualities


We’re 22,000 colleagues in more than 30 countries delivering oil, gas, wind and solar power to 170 million people worldwide. Taking on tough energy challenges is our job. Right now, we’re facing an enormous task: supplying the world with the energy it needs, while lowering emissions.

We’re up for the challenge. Are you?

The position

By joining our team in Marketing, Midstream & Processing you will have the opportunity to:

  • Evaluate complex commercial frameworks (including commercial terms, market, and pricing analytics) across the LCS (Low Carbon Solutions) value chain (production, transportation, storage and offtake).

  • Support project teams from concept through the capital value process and investment review, to project sanction. 

  • Build detailed economic models to support the evaluation and development of commercial frameworks, key economic, pricing and fiscal terms as related to LCS business development opportunities / projects.

  • Support the LCS commercial team in developing negotiation and bid strategies and provide commercial and risk assurance during the business development negotiation and / or bid round process, specifically to inform negotiation / bid mandates and senior management decisions.

  • Coordinate with the Finance & Control teams under the CFO’s purview, overseeing project economics, corporate and project financing, in conjunction with other essential business units such as technical, commercial, legal, risk, and marketing, as needed.

  • Run project specific economic analysis (e.g. gas sourcing, pricing strategies, risk sensitivities) in support of business development negotiations and investment evaluation.

  • Undertake relevant external market analysis in support of LCS projects to support the commercial team throughout the internal and external investment review process. Gather relevant commercial framework/terms experience and lessons learned from other LCS projects.


Some qualities are essential for Equinor. You identify with our values, open, collaborative, courageous and caring, which guide our decisions and help us succeed and grow. You make safety your priority and contribute to our zero-harm culture. For this position, we are also looking for:

  • Bachelor’s degree along with extensive relevant commercial and economic analytical experience is preferred working across LCS (Low carbon solutions), Energy and/or Oil and Gas value chains, with a particular focus on business and / or commercial project development.

  • Willingness to further develop and / or transition into the newly emerging H2 and CCS solutions space using the knowledge and skills gained in your previous roles.

  • A strong commercial mindset and can demonstrate equivalent experience in commercial, contract, market, pricing and fiscal analysis across the LCS value chain and through each stage of the project investment decision gate process.

  • A track record in developing economic and financial models, knowledge and experience of regulated business, pricing and revenue models would be beneficial but not essential.

  • Results-oriented, flexible and comfortable with managing multiple tasks and deliverables across different project opportunities and stakeholders.

  • An excellent, measured communicator, comfortable with presenting (orally or in writing) complex economic data / analysis in a simplified and concise manner both internally and externally to inform senior management, Government and JV (Joint Venture) partners.

  • Experience working in multidisciplinary and multicultural teams, where English is the business language employed.

General information

Please attach copies of your diplomas, certificates and grades in English or a Scandinavian language. Applications submitted without necessary attachments will unfortunately not be evaluated. If you are in the process of completing a degree, please upload an official temporary transcript or other document describing subjects and grades completed to this point.

Candidates are expected to openly offer all relevant information about themselves during the recruitment process. All permanent and temporary hires will be screened against relevant sanctions lists to ensure compliance with sanctions law.

As a UK employer, Equinor has a legal obligation to ensure that candidates have the right to work in the UK. If the right to work in the UK has not been established, the employment or assignment will not commence until the necessary checks have been satisfactorily completed and acceptable evidence provided. Equinor reserves the right to withdraw the offer of employment or assignment in the event that the relevant requirements are not met.

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