Engineer - Project Economist

2 - 7 years

4 - 9 Lacs

Bengaluru

Posted:2 days ago| Platform: Naukri logo

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Skills Required

Project Economist risk analyses Data Analysis Business Development Leads Economic Modeling

Work Mode

Work from Office

Job Type

Full Time

Job Description

What's the role The Project Economist will p rovide the economic steer to enable optimisation of production, based on accurate, fit-for-purpose planning and scheduling models. Maximize the integrated margin for the site(s) and across different lines of businesses. What you'll be doing Developing and assuring Economic models to evaluate the economic feasibility of Asset Integrity / Maintain Margin and Growth (margin improvement) projects; developing models to reflect the integrated value chain associated with the opportunity. Support improvement opportunities using the MTO process and Fit4 tool; support the asset Business Development Leads in managing, progressing, and delivering growth improvement opportunities, including annual ideation sessions. Coordinate benchmarking studies, analyze and report results; perform high level analysis from benchmarking and competitive results, identifying areas for improvement. Developing economic datasets for each model derived from internal pricelines, open-book pricing, macroeconomic conditions, understanding of government policies, and applicable financial models, e.g., buy vs lease analysis Developing open-book economic scenarios in support of external fiscal framework advocacy Delivering robust and fit-for-purpose uncertainty and risk analyses, effective and timely challenge to support quality investment decisions by key customers - Business Opportunity Managers, Decision Review Board members, Decision Executives, Providing consistency in economic analyses via effective integration, compliance, and use with given standards, guidelines, processes, pricelines, external and internal economic datasets, and various analytical tools (cash flow models, tornado sensitivities) to enable reliable comparison of opportunities. Performing project screenings in early opportunity development phases Maintaining site-based economic screening tools Participating in Shell Canada Economist Quarterly connects Key interfaces with Business Development & Commercial, Economics & Scheduling, Project Delivery, Technology, Joint Venture, Finance, Tax, Trading & Supply, Digital & Business Transformation workstreams, Government Relations, Environment What you bring Preferably with a University Degree in Chemical Engineering, Business, Finance, or any relevant discipline. Preferably with at least 2 years experience in the Oil and Gas industry, prior experience in Manufacturing (Process / Projects / Economics & Scheduling) and/or economic evaluations and decision analyses using cash-flow models is desired. Strong analytical and communication (oral, written) skills with the ability to grow into a trusted advisor. Capacity to dive into analytical details, and surface with summary of key insights. Skilled at working with various projects teams and screening and evaluation of multiple opportunities. Fully versed with MS Office suite of software (Word, Powerpoint and Outlook) with advance skill level in Excel. Understanding of IT technologies, Data Analysis techniques, databases, and reasonable computer programming skills is a plus. You bring your skills and experience to Shell and in return you work with talented, committed people on one of the most important challenges facing our planet. Youll have the opportunity to develop the skills you need to grow in an environment where we value honesty, integrity and respect for one another. Youll be able to balance your priorities as you become the best version of yourself. Progress as a person as we work on the energy transition together. Continuously grow the transferable skills you need to get ahead. Work at the forefront of technology, trends and practices. Collaborate with experienced colleagues with unique expertise. Achieve your balance in a values-led culture that encourages you to be the best version of yourself. Join an organization working to become one of the most diverse and inclusive in the world. We strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation and life experiences to apply. Grow as you progress through diverse career opportunities in national and international teams. Gain access to a wide range of training and development programs.

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Shell
Shell

Oil and Gas

London

83,000 Employees

68 Jobs

    Key People

  • Wael Sawan

    CEO
  • Jessica Uhl

    Chief Financial Officer

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