Senior Petroleum Economist in Crawley, United Kingdom

at CGG Services (UK) ltd
Location Crawley, United Kingdom
Date Posted August 10, 2019
Category Petroleum Engineer
Job Type Permanent


CrawleyPermanentCompany Description
A Technology Company with a Passion for Geoscience

CGG is a pioneering Technology Company providing world class fully integrated Geoscience services within the global Energy sector. Created in 1931, our history tells the story of a profession conducted with passion and of an adventure stretching across five continents. We employ in excess of 5,500 people worldwide, who bring a unique blend of talent and energy through working together to deliver unrivalled innovative solutions to our customers.

Through our cutting-edge Technology in Geoscience, we have achieved outstanding leadership with a strong focus on innovation and a commitment to delivering the best sustainable solutions to our clients' energy challenges.

Based on the foundations of mathematics and applied physics, we bring our clients a unique range of technologies, manufactured equipment and services, designed to generate stunning 3D images of the Earth’s subsurface structures.

Job Description
CGG’s consulting services offer comprehensive geoscience knowledge and provide our clients with valuable insight into all aspects of natural resource exploration and development, from basin prospectively to reservoir modeling and economic analysis.

Reporting to the Manager of Petroleum Reservoir and Economics, the Senior Petroleum Economist is responsible for providing global, economic evaluation of oil & gas fields and prospects in conjunction with the RCS teams.

The incumbent will be part of a proactive team of support staff and will be responsible for delivering high quality customer focused professional services whilst working in accordance with quality, security and health and safety processes.

The successful Candidate will carry out economic and financial evaluation of investment proposals for petroleum exploration and exploitation, as well as construct economic computer models for economic analysis of petroleum investment opportunities.

Additional duties will include giving training to upstream petroleum economic and financial evaluation and provide expertise in corporate and asset evaluations including stock market listing, rights issues, bank finance related studies and reports.

Within this role the candidate will provide expertise in corporate and asset evaluations including stock market listings, rights issues, bank finance and related studies and reports,

along with designing economic / fiscal terms, including licensing terms for petroleum exploration and development.

The ideal candidate will be educated to preferably PhD level in Economics or engineering with substantial experience of oil and gas economics work in a position of responsibility.

Extensive experience of financial and economic modelling of oil and gas explorations and development projects, as well as significant experience of dealing with oil and gas and governments on petroleum licensing terms.

Experience of coaching and mentoring lesser-experienced employees would be beneficial.

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