This is an expatriate position located in Saudi Arabia.

Position Description:
We are seeking a Chemical Engineer to join the Business Development Division of Downstream Capital Portfolio Planning Department.

Your primary role is to develop business cases to support profitability and growth targets Specific functions to be performed include:

Develop pre-feasibility studies for new business opportunities.

Generate Downstream Investment Plans covering all sectors (Refining, Chemical, Power, and Supply System) for both current and new facilities.

Enhance the competitiveness of the current asset base by capturing integration opportunities.

Develop value assurance processes for economic evaluations and business cases of capital projects throughout the project life cycle.

Participate in value engineering sessions to maximize economic realization for projects.

Incorporate study cases into the Linear Program (LP) and utilize it as a basis for business case definition.

Update shift vectors in the LP with data from test runs and changes in operating modes.

Perform back casting to identify the impact of any variance in the level of operations on the profitability of the complex and assess profitable business opportunities using the LP.

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

Minimum Requirements:
As the successful candidate you will hold a Chemical Engineering Bachelor’s degree from a recognized and approved program.

You will have more than 10 years experience in refining or petrochemicals focusing on planning and economics, including at least 5 years in Operations.

You must have previous LP experience; PIMS experience is highly desirable.

You will have deep understanding on investment analysis, including build up to NPV’s 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 value assurance process for economic evaluations and business cases of capital projects throughout life cycle.

Participate in value engineering sessions to maximize economic realization for projects 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. Writes papers for peer-reviewed journals on engineering.

Provide engineering leadership to others assigned to assist him. 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.