Vacancy Economic and reserve Coordinator – Kuwait

June 28, 2009 · Posted in Oil Gas 

Economic and reserve Coordinator – Kuwait

My client an international operator in Kuwait is looking for an economic and reserve coordinator to join their expanding team.

Qualifications/ Experience:
Knowledge of laws and regulations affecting the petroleum industry and economic analysis techniques
Master PEEP software.
Written and spoken English language skills
Excellent interpersonal, written and oral communication, and networking skills
Strong numerical, analytical and problem-solving skills and demonstrated experience in decision analysis and economic modelling, preferably within the oil and gas industry
The ability to thrive in an environment with multiple priorities and tight deadlines, and to deliver results that meet requirements.
Good undergraduate degree in Engineering, preferably complemented by an MBA or similar
Strong knowledge of Upstream business processes
Ability to integrate business process and technology solutions

Reporting to the controller business Planner and reserve committee chairman, the Economic and reserve coordinator works jointly with planning and regions and is responsible for assisting in the process of undertaking economic evaluations for the Company’s existing assets and potential new opportunities and manages the reserves process for the company.

Key responsibilities include:

Provide economic analysis, strategic and overall support to the Technical department
Provide economic modelling, decision analysis, and commercial support across the organisation
Administer, maintain and update the Company’s economic models
Establish and maintain administrative databases as and when required
Advise on the risk/return trade off of potential development/investment opportunities and their impact on the company portfolio taking in account both short and long terms objectives
To contribute and provide advice in order to inform decisions required in relation to investment strategy and current investment activity
Manages the reserves process for the client.
Assists staff in interpreting and applying the reserve definitions and process.
Acts as a liaison between planning, Reserve Committee and region.
Presents quarterly reserves to the Reserves Committee and assists the Committee in the preparation of the quarterly report.
Works with the Reserve Committee to identify and implement improvements to the reserve process.
In conjunction with the Reserve Committee, develops the criteria for conducting internal audits, and then schedules and ensures the conduct of the audits and maintains the records of all internal and external reserve audits.
Maintains the documentation of decisions made by the Reserve Committee, along with the rationale for the decisions.
Works with Re’s upon request to perform more thorough analyses of certain identified reservoirs.
Coordinates the Region/NBD and any outside resources required to resolve reserve issues.
In conjunction with the Re’s, ensures consistent interpretation and application of definitions and methodologies across the company.
Provides clarity for reserve definitions and guidance for reserve bookings.
Ensures that the reserve process is effectively communicated, and identifies and coordinates training that may be required.
Is the focal point for advice and understanding of the company’s overall reserve position.

To discuss this position and similar roles please contact Oscar Associates quoting reference 15300
Tel – 0044 161 445 0445
Email –
closing date 26 july 2009

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