Strategy Planning Engineer

1 week ago

Dhahran Compound, Saudi Arabia Bounty Hunter World Full time

Overview:

The Downstream Strategy & Planning Engineer will join the Investment & Portfolio Analysis Division in the Downstream Strategy and Capital Planning Department (DS&CP). DS&CP is responsible for the coordination (and development support) of all of SAO's Downstream Investment Plan and Strategy. It also provides quantitative input to SAO's Downstream Executive Committees, working in close co-operation with other Strategy & Capital Planning Divisions across the organization. The Downstream Strategy & Planning Engineer's primary role is to provide quantitative analysis and confirmation of SAO's Downstream Investment Plan strategic fit.

Responsibilities:

  • Provides techno-economic analysis on all different type of Downstream Opportunities. Mainly focusing on Refining / Petrochemicals integrated assets and their interaction with further downstream (Trading, Retail) hydrocarbon value chain segments. Evaluates their fit with SAO's Downstream strategy.
  • Develops quantitative analysis on sustainability / ESG implications on SAO's Downstream Investment Plan. Of focus being both emissions & product carbon footprint evaluations.
  • Co-operates with all of Downstream's Business units and other corporate functions in establishing and updating appropriate investment analysis criteria.
  • Provides commercial and technical expertise in executing the downstream strategy, including appraisal of strategic options, identification of strategic trade-offs and implementation plans.

Education & Experience Requirements:

Bachelor's degree in a Chemical Engineering related field, MBA or a relevant advanced degree is strongly .

Minimum of 15 years of professional experience in operations, technology & business development, with a strong track record of economic and commercial evaluations for downstream opportunities. Mainly refining and petrochemicals but also other segments (trading, retail, low carbon energies).

Experience with asset techno-economic modelling and optimization tools (e.g PIMS, Petroplan) as well as data management and use from main downstream / industry consulting entities (IHS (S&P), WoodMac, Rydstad).

Knowledge of main Refining and Chemicals process technologies. Including recent developments in the sustainability space (decarbonization, circularity, non-fossil feedstocks etc..)

Knowledge and understanding of the global energy markets and their trends. With a strong external perspective and a professional network.

Ideally, international and multi-cultural working exposure.

Benefits:

  • Compelling remuneration package.
  • Permanent Employment on an Indefinite Term Employment Agreement.
  • The company's Incentive Plan: This is a broad-based annual and performance based incentive plan based on company and individual performance, base salary, and length of service during the plan year. The objective of this plan is to drive organizational performance, as well as, recognize and reward your contributions beyond the normal annual merit increases.
  • Annual repatriation travel allowance: An annual cash payment that more than covers airfare costs to your home country. You have full flexibility to use this payment in any way you choose.
  • Annual vacation: You can look forward to up to 38 calendar days of paid leave each year. In addition, you'll typically be granted between 9 and 11 days of national public holidays each year.
  • Severance award: In accordance with the Saudi labor law, a severance award is payable by the company to employees who leave after two years or more of satisfactory service. The severance award is based on length of continuous service and final base pay. The severance award can be a substantial benefit for longer service employees.
  • Education Assistance Plan: If you are hired on family status, you may be eligible to benefit from the company's excellent education assistance plan for dependent children. This may include the option for them to attend the company's high quality private schools or to attend international schools in the local community.
  • Quality housing in company communities or a rental assistance allowance: We have four communities in the Eastern Province where we provide quality accommodation in pleasant surroundings. Alternatively, employees may obtain housing in the local communities outside of the company's communities, for which we provide a rental assistance allowance.
  • Free medical care: We provide medical care via our subsidiary medical network or contracted hospitals and clinics. These facilities are among the finest in the Middle East.
  • Free access to recreational facilities: You will have access to our extensive range of recreational facilities that include: private beaches, tennis courts, exercise gyms, swimming pools, golf courses, tennis and squash courts, and much more.
  • Free scheduled transportation: Air-conditioned buses are provided free of charge for transportation within camp areas, to work locations, local shopping areas outside camp, the beach and our other communities.
  • Voluntary Group Life and Accident Insurance: you may enroll in a voluntary program providing term life insurance and accidental death and dismemberment (AD&D) coverage equal to 12, 18, 24 or 30 times your monthly base salary. Favorable group rates keep the premium low.
  • Short-term : In the event you are unable to work due to illness or injury, short-term income benefits are provided. The benefit is 30 days full pay and 60 days at three-quarters pay, in any one year period.
  • Death Benefit: The company pays an ex-gratia death benefit equal to 24 months base pay if death is from an industrial accident and 12 months base pay if death is non-industrial related.
  • Career development: We recognize and value professional growth and achievement, so you'll have many opportunities to develop your career and expertise.

BH4634

Bounty Hunter World


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