Job Description
A senior economic specialist should be able to perform an accurate analysis of the financial and economic status of each active/potential project of the company using valid and up-to-date analytical/statistical methods. They should assess the compliance of these conditions with the investment regulations in the exploration and production sector and align them with the strategic criteria of this sector.
- Develop and update economic models tailored to each of the company's active and potential exploration and production projects.
- Evaluate profitability indicators throughout the lifespan of each project, identify associated risks, and conduct relevant risk analysis.
- Identify and activate key value drivers for each project to maximize its economic benefits.
- Collaborate in the development and formulation of financial funding plans and optimization of the capital structure of each project to attract investors.
- Analyze the company's financial statements; report on financial ratios and evaluate the company's cash flow to ensure the adequacy of financial resources required for project implementation.
- Active collaboration during contract negotiations/participation with various stakeholders.
- Collaborate in the formulation and updating of the assessment of economic reserves managed by the company based on existing standards (SPE, PRMS, etc.).
- Monitor the status of global commodity markets, particularly Oil and Gas.