Senior Economist


Our Oil & Gas Operator client is seeking a Senior Economist for initially a 6 month PAYE contract basis in Aberdeen. Candidates should have previous experience of upstream oil & gas.

Role Overview:
Provide regular full life cycle and incremental economic evaluation and associated analysis to the UK Business Unit in relation to pre- development, development and producing assets, and support exploration and A&D activities as and when required.
Key member of team charged with overseeing the delivery of Commercial and Non Operated Assets Group objectives.

Key Accountabilities:
Collate data, prepare economic models with supporting documentation and provide variance analysis as part of the life of field production and development asset valuation process. Interface with finance requirements for annual report.
Ensure the life of field economic spreadsheet models are maintained and are accurate and auditable for production and development phase assets.
Ensure preparation / prepare life of field models in the company’s economic software.
Oversee preparation of Development economics for screening and project decision gates.
Assist commercial staff in developing commercial solutions / negotiating positions Participate in the Economic peer review process as requested.
Support the Exploration function by delivering economic analysis that supports the investment decision for exploration and appraisal activities.
Prepare collated business unit figures for strategy /planning as required.
Support A&D evaluation work on an ad-hoc/ as required basis.

Major Challenges:
Advising asset leaders on how to properly frame problems prior to analysis
Delivering economic evaluations within the specified timeframe; need to be flexible in responding to changes.
Ensuring effective management of priorities across a number of teams.
Corporate / Business Unit Interface

Financial Accountability and Dimensions:
Ensure economic analysis outputs delivered meet requirements of the corporate investment guidelines.
Provide insight into the key drivers / risks and constraints underpinning the economic analysis, and communicate these effectively to management.
Understand limitations of analysis performed
Coordinating the support required from the functional teams.
Delegate and provide support & guidance to the economic staff during periods of high workload.

Management Relationships (incl direct/indirect reports, external parties):
Direct report is Economist plus ad hoc external support
The position has a functional reporting line
Provide services to line managers (asset managers/ finance/ functional leads in Business Unit)

Educated to degree level in a technical, financial, or other relevant discipline / experience
Experience in the upstream oil and gas industry
Ideally, a comprehensive mix of technical knowledge, business and commercial awareness, and management and analytical skills
A proven track record of providing economic analysis using techniques and software common to the industry

Candidate Profile (include Skills & Experience, Attributes, Behaviours:
Self-motivated and can track / adapt to changing priorities
Highly numerate and analytical. Excellent at problem solving
Strong coordination skills
Professional presentation and communication skills
Able to provide mentoring and guidance to junior / external economic staff

Additional Role Requirements:
Advanced Excel skills
PEEP experience desirable but not essential

Contract position

If you feel that you are well suited to the above opportunity and would like to find out more then please contact Orion Group for more information or apply by forwarding your current CV quoting reference TR/039851

Our role in supporting diversity and inclusion
As an international workforce business, we are committed to sourcing personnel that reflects the diversity and values of our client base but also that of Orion Group. We welcome the wide range of experiences and viewpoints that potential workers bring to our business and our clients, including those based on nationality, gender, culture, educational and professional backgrounds, race, ethnicity, sexual orientation, gender identity and expression, disability, and age differences, job classification and religion. In our inclusive workplace, regardless of your employment status as staff or contract, everyone is assured the right of equitable, fair and respectful treatment.

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