Saudi Arabia Job Openings
aramcoservices
Global Long-Term Petrochemical Specialist
November 24, 2024
Job Req ID: 15409
Description:
Aramco energizes the world economy.
Aramco occupies a unique position in the global energy industry. We are the world's largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer.
With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco’s value to society.
Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations’ spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.
We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.
Working environment
Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.
At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world’s biggest technical, logistical and environmental challenges, we invest heavily in talent development.
We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs – one of the largest in the world.
Aramco occupies a unique position in the global energy industry. We are the world's largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer.
With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco’s value to society.
Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations’ spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.
We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.
Overview
We are seeking a Global Long-Term Petrochemical Specialist to join the Global Analysis department, within Strategy & Market Analysis.
The Global Analysis department serves as the corporate think tank on global issues, including several functions such as scenario planning, short and long-term outlook, and third-party benchmarking. The department looks at factors affecting market conditions as well as provides forecasts on global product prices. The department develops scenarios and market insights to support executive management decision-making.
The global petrochemical specialist is required to understand the key interplay between feedstock & chemical markets and the petrochemical system. The person needs to have a deep understanding of the petrochemical systems. Familiarity with linear programming and chemical process unit modelling would also be advantageous. In this role, the person will be seen as the expert on petrochemical fundamentals and quantitative methods to provide insights and analysis throughout the department.
The Global Analysis department serves as the corporate think tank on global issues, including several functions such as scenario planning, short and long-term outlook, and third-party benchmarking. The department looks at factors affecting market conditions as well as provides forecasts on global product prices. The department develops scenarios and market insights to support executive management decision-making.
The global petrochemical specialist is required to understand the key interplay between feedstock & chemical markets and the petrochemical system. The person needs to have a deep understanding of the petrochemical systems. Familiarity with linear programming and chemical process unit modelling would also be advantageous. In this role, the person will be seen as the expert on petrochemical fundamentals and quantitative methods to provide insights and analysis throughout the department.
Responsibilities
As a successful candidate you will be required to perform the following:
- Develop long-term forecasts of petrochemical throughput, petchem supply & demand and prices.
- Develop long term forecasts and scenarios based on solid petrochemical background and assumptions that incorporate global policies and geopolitics, new technologies, investment climate and risk appetites, and changing consumer behavior and socioeconomics.
- Provide insight on the evolution of the long-term global petrochemical market that is supported by sound quantitative analysis and the synthesis of cross-regional and cross-market trends.
- Assists Director and Division Heads with adhoc requests or special projects: responds to queries regarding specific petrochemicals related topics with a focus on the long-term.
- Guide, design and improve existing models for the purpose of understanding long term petrochemical market dynamics
- To challenge, validate, innovate and improve models and tools to forecast the petrochemical sector (yield and technology shifts, petchem plant upgrades, bio-supply, cost of production, refinery integration, petchem margins and profitability of investments, feedstock and petchem product valuation, trade flows, etc.)
- Represents Saudi Aramco at industry conferences and seminars. Travel is required one or two times a year.
- Build and maintain external relationships with external consultants to be able to stay in touch with the latest industry developments
Minimum Requirements
As a successful candidate you will have:
- Bachelor degree in Business, Management or Engineering field. An advanced degree is preferred.
- Minimum 15 years experience in the petrochemical industry, specifically in market analytics and research. Experience in petrochemical supply and trading is a plus.
- Demonstrated knowledge of petrochemical plant operations and optimization.
- Strong modeling capabilities and understanding of feedstock and petrochemical prices, trade flow dynamics, margins and supply demand balances.
- Advanced knowledge on excel is a must.
- Linear Programming experience as well as process unit model development, design and costing are a plus
- Ability to work effectively with minimum supervision and on relatively unstructured tasks. Must be able to work in time-sensitive environment and reacts quickly with requests.
- Ability to mentor and motivate junior staff members.
Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.
At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world’s biggest technical, logistical and environmental challenges, we invest heavily in talent development.
We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs – one of the largest in the world.
Country/Region: SA
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