Jobs Career Advice Post Job
X

Send this job to a friend

X

Did you notice an error or suspect this job is scam? Tell us.

  • Posted: Jan 31, 2025
    Deadline: Not specified
    • @gmail.com
    • @yahoo.com
    • @outlook.com
  • Felton Energy Services Ltd (FESL) is an indigenous oil & gas procurement, operation and maintenance company in Nigeria. The company was established to supply global customers with Electrical, Mechanical, Industrial and Engineering Products, on time and at the most competitive prices. FESL has unrivalled commitment to the Oil & Gas Industry and has...
    Read more about this company

     

    Economist

    ACTIVITIES

    • Actively participate in delivering annual planning exercises: the E&P Long Term Plan, Budget, PRIME reserves calculation,
    • Exploration & Appraisal budget, ASC932 Cash Flow reporting to the US stock exchange, etc.
    • Carry out economic studies of development projects, exploration wells, new business deals, project sanction dossiers.
    • Prepare and present to senior management the results of economics studies (i.e. COMPANY management, CDEP, BR, COVAL, CORISK/COMEX).
    • Maintain the economic model and the modelling recap with any changes regarding the economic environment.
    • Prepare and maintain the Fiscal Summary Sheet of assets in charge with annual update.
    • Develop improved interfaces with technical and financial entities to improve quality and deliverability of economic analysis.
    • Participate in the development, audit and validation Microsoft Excel tools /models used for economic evaluations and Essbase for data storage.
    • Keep abreast of new approaches and proposed alternative approaches to Economic studies.
    • Acquire and develop competencies on different economic models (aim at least 1 new per year), and the associated contractual and fiscal information.

    CONTEXT AND ENVIRONMENT

    • The Nigerian fiscal, contractual and business regime is complex. COMPANY is a large affiliate with numerous assets, projects and economics models to understand and manage.
    • Tight deadlines
    • Occasional heavy workload

    ACCOUNTABILITY

    • General objective of the Service:
    • Undertake and perform high quality, accurate and sound economic analysis in relation to all of COMPANY’s business activities.
    • Take a critical view of the input data (production, cost, impact on other assets)
    • Knowledge of contractual terms of the asset in charge, as well as fiscal terms of regulations in force.
    • Use knowledge and experience to define business cases and the most relevant KPI’s
    • To provide Management a comprehensive view of COMPANY’s activities from an economic and value perspective, and to provide analysis and advice on maximising that value.
    • Maintain and improve economic practices within COMPANY.
    • Capacity to work to tight deadlines & produce high quality work within a high-pressured environment.

    REQUIRED SKILLS /QUALIFICATIONS / EXPERIENCE

    • Graduate in a technical, finance or economics discipline
    • Highly experienced in the use of Microsoft excel and economics modelling
    • High level of computer literacy – Microsoft Excel / Visual Basic
    • Highly numerate, analytical thinking, detailed oriented,
    • Synthesis capabilities and capacity to escalate messages to senior management
    • Experience in technical upstream “metier”: preferable but not mandatory.

    Check how your CV aligns with this job

    Method of Application

    Qualified candidates can send their CVs to wendy@feltonenergy.net with the job title as the subject of the email.

    Build your CV for free. Download in different templates.

  • Apply Now
  • Send your application

    View All Vacancies at Felton Energy Services Ltd (FE... Back To Home

Subscribe to Job Alert

 

Join our happy subscribers

 
 
Send your application through

GmailGmail YahoomailYahoomail