Posted: 6 Nov 2009
Location: Saudi Arabia
POSITION DESCRIPTION: The candidate will be able to: Participate in development and review of the one-year operating and five-year business plans for upstream oil and gas facilities with focus on exploration, drilling, upstream platforms, flowlines and trunklines. Review new oil and gas reservoir development proposals and evaluate them by leading integrated teams to come up with optimal field development plans through evaluation of various alternatives and economic analysis, including risk and uncertainty. Provide independent advice on the proposed oil and gas exploration, drilling, and maintain potential master appropriating programs to Corporate Management with emphasis on evaluation of viable alternatives and efficiency of capital deployment. Conduct probability based portfolio and field specific development economics considering risks and uncertainties. Develop funding approval packages for upstream budget items that include business case, scope and schedules for endorsement by the Saudi Aramco Board. Review and provide independent advice for approval of the funding releases for specific scope elements of the approved business plans.
SELECTION CRITERIA: Minimum 15 years experience in oil and gas industry gained with a reputable oil and gas consulting and/or exploration and production company. A BS or MS in Petroleum Engineering. Candidate should have board based experience and knowledge in exploration for and development of oil and gas fields with focus on subsurface aspects of the upstream oil and gas business. The candidate should have experience in leading, participating in and conducting integrated studies and analysis in a multi-disciplinary and multi-cultural setting. Incumbent must have in-depth experience in oil and gas reserves estimation and assessment, production development and investment decision analysis (or economic evaluations) that incorporates risk and uncertainty. In addition, the candidate should have a thorough understanding of the exploration business, reservoir characteristics, reservoir simulations, reserves evaluations, drilling activities, production engineering, and field development economics.
COMMENTS: The Facilities Planning department is responsible for the development and coordination of the capital program throughout the Company. The Oil Facilities Planning Division is responsible for coordinating planning for the Exploration & Producing Business Lines' facilities in support of new crude development programs, and facilities required as oil fields mature into secondary and tertiary recovery phases, and assists in the technical development and economic justification of its Capital Program and Budgets. Functions include: Developing alternatives for proposed capital projects; Conducting feasibility engineering studies with emphasis on technical and economic justification; Preparing Design Basis Scoping Papers which are the basis for project proposals; Reviewing project specification with Project Management to insure economic design and conformance with Design Basis Scoping Papers; Preparing Expenditure Requests to obtain project funding; Addressing Management Queries covering a variety of areas including technical, economic, strategic and confidential subjects.
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