Sr. Associate

5 months ago


กรงเทพมหานคร, Thailand Valeura Energy Inc. Full time

** KEY ACCOUNTABILITIES**:
**Economic Evaluation**
- Deliver accurate and consistent economic evaluation for all investment opportunities and recommendations in Thailand.
- Perform risk based economic evaluations to evaluate the feasibility of projects and facilitate the investment decision-making process, identify business drivers.
- Assist relevant Business Managers in formulating the required position papers in order to ensure that appropriate mandates are provided.
Provide economic modelling and sensitivity analysis in order to fully understand and implement value drivers that could significantly enhance project returns.
- Coordinate with reserve consultants in areas related to their economic models. This includes validation of economic assumptions and data used in reserve reports as well as reconciliation with in-house models
- Work with Finance Department and external tax to be aware of any new legislation and correctly incorporate.

**Business Planning**
- Work with JV & Planning Manager and the Leadership Team to develop and compile the annual business plan.
- Coordinate/ Communicate with the Working Team (both in Thailand and the head quarter) to deliver the plan.
- Assist where possible with Finance in the preparation of annual WP&B and quarterly LE.

**Commercial Analysis & Support**
- Provide support to key commercial activities & contracting (e.g. FPSO or rig contracts, oil offtake / sales agreements). Analysis of alternatives and support in negotiations.

**Economic Modelling Tools (Thailand & Future growth)**
- Develop/Update and Provide economic model in Excel to other departments for a quick screening opportunities in the existing assets.
- Ensure all economic models (Peep and Excel) are fully reviewed for fiscal and contractual accuracy.

**Portfolio Management**
- Work with JV & Planning Manager and Leadership Team to develop and maintain a risk and uncertainty portfolio model.
- Ensure both internal and external business intelligence is taken into consideration before recommendation and sensitivity analysis.
- Provide approved economics to support Exploration Portfolio analysis.

**Policies, Systems, Processes & Procedures**
- Ensure that company economic evaluation and Quality Assurance processes are followed and implemented into all economic analysis.

**Management**
- Manage both internal and external business relationships at all times adhering to the company code of conduct.
** QUALIFICATIONS**:
**Knowledge & Qualifications**:

- A basic degree in Economics or a relevant branch of Engineering with knowledge of the Oil and Gas business especially upstream exploration and geology.
- Sound awareness of the local and international factors that affect the E & P business.
- Basic understanding of the Petroleum Fiscal Systems and Production Sharing Contracts. Basic understanding of Petroleum Reserves and Resources booking is a plus.

**Experience**:

- 5 to 10 year experience in the E & P industry preferably technical background.

**Skills**:

- Good planning and management know how, good economic analysis and modelling skills, skilled in use of portfolio management tools (e.g. Schlumberger package)
- Some exposure to information sources and tools like Woodmac, HIS, Global Window, etc.
- Planning and resource allocation skills and presentation skills, good interpersonal skills.
- PEEP Skills preferable but not required.
- Good communication skill for both Thai and English.

**DISCLAIMER**:



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