Downstream Strategy & Planning Engineer

About our client:

Our Client operates in the Oil and Energy industry, with its headquarters rooted strongly in Saudi Arabia. It has its branches spread to more than 50 countries, providing employment to more than 68,500 people all over the world. They fall under the Fortune 500 Companies. They are one of the world’s largest oil producers. They are constantly growing by creating new technologies through its Research and Development efforts and branch into new business lines through Investments and Acquisitions.

Role Description:

• Downstream Strategy & Planning Engineer to join our Strategy & Capital Planning Division within the Business Optimization Department (BOD) of our Downstream Business Line. BOD is responsible for all Downstream assets’ operations, planning, profit and loss, and capital plans for wholly-owned and affiliates.
• The Downstream Strategy & Planning Engineer’s primary role is to review and recommend capital plans in line with our Downstream strategy.
  
  

Responsibilities

• Assist in the technical development and economic justification of capital programs and alternatives to proposed capital projects.
• Evaluate margin improvements opportunities in current refining and chemicals assets in context with the competitive landscape and market fundamentals.
• Liaise with other departments to identify growth opportunities and capture synergies between assets.
• Support sustainability projects in line with environmental standards and decarbonization targets.
• Provide commercial and technical expertise in executing the downstream strategy, including appraisal of strategic options, identification of strategic tradeoffs and implementation plans.
• Assist in developing and reviewing commercial agreements and Progression.
  
  

Requirements:

• Bachelor’s degree in Chemical Engineering related field, MBA or a relevant advanced degree is strongly preferred.
• Minimum of 15 years of professional experience in business development, with a strong track record of economic and commercial evaluations for major chemicals and refining projects, and a deep understanding of associated operations and integration of assets.
• LP experience, preferably with PIMS, to evaluate business cases in different development scenarios.
• An in-depth and current understanding of the global energy market and its trends, as well as economic and financial models.
• Expert in international business and cross-cultural professional practices.