Overview
Description:
Aramco energizes the world economy.
Aramco occupies a unique position in the global energy industry. We are the world’s largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer.
With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco’s value to society.
Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations’ spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.
We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.
Overview
Fuels Strategy & Capital Planning Department assumes the responsibility of developing Fuels’ Business Unit (BU) strategy, performing capital management, initiating portfolio synergies/optimization opportunities, and conducting financial management activities.
Successful candidate will serve as the subject matter expert in Downstream strategy and scenario planning and act as the “BU Advisor” for Downstream business-related issues. He will independently initiate research on wide-ranging topics that look into long-term scenarios that might impact the BU’s competitive advantage and will prepare research and special studies and analysis as required, for the Strategic Council and other Corporate Committees.
Duties & Responsibilities
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Incumbent performs alone, directs or coordinates the following activities:
- Serves as subject matter expert in Downstream strategy and scenario planning.
- Prepares research, special studies and market analysis as required, for the Downstream Strategy Council and other Corporate and Downstream Committees. These reports and market analysis will feed into the development of scenarios.
- Collaborates in a group of strategists responsible for articulating the overall Fuels’ BU strategy, as well as the formulation of the outlook scenarios.
- Collaborates in a group of strategists and planners responsible for development of the Fuels BU long-term strategic plans, including capital/resource allocation plans.
- Builds strong relationship with think tanks and industry experts to keeps abreast of key developments in the Downstream business globally, as well as other arenas that could impact the Saudi Aramco Downstream competitive performance. This includes developments in technology, geopolitics, regulations, Saudi government’s plans, and Downstream industry in general.
- Independently initiates research on wide-ranging topics that look into long-term scenarios that might impact the Company’s competitive advantage in the Downstream business. Prepares research and special studies and analyses as required, for the Strategic Council and other Corporate Committees.
Minimum Requirements
- Master’s degree in Engineering, Economics, Business Administration, Accounting, Financial Management or closely related specialty
- Incumbent will have steadily advanced his professional competence in his areas of expertise through personal study, relevant and expanding work experiences, seminars, professional contacts and extension courses
- 15 years of experience in:
- A combination of refining, chemicals, trading and retail marketing business
- An international integrated O&G / Downstream company or global energy think tank/consulting firm, of which at least 5 years were in strategy formulation, scenario planning, and/or strategic planning
- Excellent written and oral technical presentation skills.
Working environment
Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.
At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world’s biggest technical, logistical and environmental challenges, we invest heavily in talent development.
We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs – one of the largest in the world.
Job Req ID:
11197
About Saudi Aramco
Saudi Aramco is the world’s largest integrated oil and gas company; its upstream operations are based in the Kingdom of Saudi Arabia and it also operates a global downstream business. Headquartered in the city of Dhahran, the company operates in eight locations within the Kingdom and 20 locations overseas, and employs around 76,000 people.
