Petroleum Economist

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Lead economic and reservoir analyses to guide upstream and transition investments
15 days ago ago
Expert & Leadership (13+ years)
Full Time
London Area, United Kingdom
Office Full-Time
Role
What you would be doing
economic modeling
reservoir engineering
production forecast
cost optimization
scenario analysis
valuation

Your work will span upstream oil & gas, EOR, CCUS, hydrogen, and energy transition projects — collaborating with global experts and senior leadership to optimize value creation and portfolio performance.

You’ll be at the heart of the operator’s investment and portfolio strategy — integrating reservoir engineering fundamentals with advanced economic modeling to shape decisions that impact billions in assets.

  • Develop probabilistic economic models to optimize NPV, PVR, and capital efficiency.
  • Deliver production forecasts, portfolio rankings, and long-term strategic models.
  • Partner with financial institutions on reserves-based lending (RBL) and valuation processes.
  • Support A&D activities, including reserves evaluation, development screening, and synergy assessments.
  • Apply reservoir engineering methods (decline curve, type curve, PVT, SCAL, material balance) to validate project assumptions.
  • Lead economic evaluations for upstream assets, CO₂ sequestration, CCUS, and unconventional reservoirs.
  • Work on cutting-edge energy transition and upstream projects with world-class partners.
  • Drive cost optimization and innovation initiatives, maximizing operational value and NPV.
  • Collaborate with global consultants to enhance governance and portfolio decision frameworks.
  • Conduct scenario and sensitivity analyses to guide investment and risk decisions.
What you bring
peep
aries
petroleum engineering
reserves reporting
economic modeling
10+ years

We’re partnering with a leading international operator in the Middle East seeking a Senior Petroleum Economist with a strong reservoir engineering background to drive strategic, high-value investment decisions across oil, gas, and energy transition portfolios.

Are you ready to take your petroleum economics expertise to the global stage?

  • Proficiency in PEEP, Aries, Woodmac , Merak; familiarity with CMG or Eclipse preferred.
  • Degree in Petroleum Engineering, Reservoir Engineering, or related discipline (Master’s preferred).
  • Proven track record in reserves reporting, asset valuation, and portfolio optimization.
  • Strong understanding of fiscal regimes, economic modeling, and risk analysis.
  • Experience in RBL processes and cross-functional stakeholder engagement.
  • 10+ years’ experience in petroleum economics and reservoir engineering.
Benefits

Permanent | Expat Package | Interviews in November

This is an exceptional long-term expatriate opportunity offering tax-free salary, accommodation, annual flights, schooling allowance, transportation, and performance bonus.

  • Permanent position – single or family status available.
  • Accommodation, schooling, transport, and annual flights provided.
  • Tax-free salary and competitive expatriate package.
Training + Development
Information not given or found
Your recruiter
Your recruiting firm
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  • Specializes in sourcing skilled professionals for high-demand sectors such as energy, infrastructure, and renewables.
  • Has a strong international presence, with operations across key global markets.
  • Partners with top-tier companies on critical projects, providing expertise to meet specialized needs.
  • Focuses on recruitment efforts for a broad spectrum of roles, from technical and engineering to leadership and operational positions.
  • Known for its flexibility and ability to scale, serving both major corporations and smaller enterprises in need of specialized talent.
  • A key player in renewable energy recruitment, with a strong focus on the energy transition.
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