Skills: Chemical Engineering, Process Engineer, Plant Operations Engineer
Experience: 10 + Years
Education: Bachelors/3-5 yr Degree
Location: Saudi Arabia
Req Number: 18771BR
We are seeking a Chemical Engineer to join the Business Development Division of the Downstream Capital Portfolio Planning Department (DCPPD).
The primary function of DCPPD is to continually identify, evaluate, and optimize the Downstream capital asset program. These goals are attained in part through conducting in-depth energy market assessments, including: market outlooks, economic and financial evaluation, oil pricing forecasts, competing scenario planning, and awareness of energy policy shifts and regulatory requirements.
Your primary role is to develop business cases to support profitability and growth targets.
As the successful candidate, you will hold a Bachelor's Degree in Chemical Engineering.
You will have at least 10 years of experience in refining or petrochemicals, focusing on planning and economics, including at least five years in operations.
You must have previous linear programming (LP) experience; PIMS experience is highly desirable.
You will have a deep understanding of investment analysis, including build up to NPVs and IRR.
You must be proficient in using personal computers and advanced spreadsheet applications.
You must be able to communicate and present outcomes of economic analysis.
Duties & Responsibilities:
You will be required to perform the following:
Develop prefeasibility studies for new business opportunities.
Generate Downstream Investment Plans covering all sectors (refining, chemical, power, supply system) for both current and new facilities.
Enhance the competitiveness of the current asset base by capturing integration opportunities.
Improve the value assurance process for economic evaluations and business cases of capital projects throughout the life cycle.
Participate in value engineering sessions to maximize economic realization for projects, and conduct conceptual studies.
Review facility configuration and propose alternatives, to minimize operating cost or produce higher quality products.
Identify and fully develop energy saving opportunities.
Study and identify synergies between facilities.
Conduct process simulation to optimize refinery or petrochemical plant operations.
Generate shift vectors for the LP by providing data from test runs and changes in operating modes.
Perform economic evaluation and rigorous financial modeling/analysis to identify value creation opportunities that align with the company's strategic objectives.
Develop, use, document, test, and maintain models to evaluate project economic performance and to study project sensitivities.
Provide engineering leadership to others assigned to assist them.
Acts as a professional mentor to less senior specialists and engineers.
Promote a learning environment and implements self-development to maintain and improve expert status within his engineering specialty.
Saudi Arabia's vast hydrocarbon resources will see Saudi Aramco become the world's leading integrated energy and chemical company by 2020. Our Chemicals business is a critical, high-profile new enterprise for us and requires committed people with insight, experience and technical expertise.
We can offer professionals from diverse backgrounds and specialties a solid, secure future - not to mention extensive international exposure and the opportunity to see your ideas become reality. Work at the forefront of the industry and see how your career evolves with invested time and effort. It's a chance to make a huge impact both on the local economy and on a global scale.