Economist (1-year Contract)

2 weeks ago

Kuala Lumpur, Malaysia Petrofac Full time

**Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world’s leading energy companies.**

We design, build, manage and maintain infrastructure for our clients. We recruit, reward, and develop our people based on merit regardless of race, nationality, religion, gender, age, sexual orientation, marital status or disability. We value our people and treat everyone who works for or with Petrofac fairly and without discrimination.

The world is re-thinking its energy supply and energy security needs, planning for a phased transition to alternative energy sources. We are here to help our clients meet these evolving energy needs.

This is an exciting time to join us on this journey.

We support flexible working requests and have adopted a hybrid approach for most of our office-based roles. We ask employees to be present in the office at least three days per week.

**_ Are you ready to bring the right energy to Petrofac and help us deliver a better future for everyone?_**

**JOB** TITLE: ECONOMIST (1-YEAR CONTRACT)**

**MAIN PURPOSE OF ROLE**:
Responsible for evaluation of petroleum project economics including developing and maintaining financial cum economic model for the company on the existing assets as well as future assets to ensure sound investment decision. Preparation of quarterly forecasts and annual plan. Monitoring Net Income forecast and identifying relevant Net Income levers.

**KEY RESPONSIBILITIES**:
Economics & Commercial
- Financial and Economic modelling of investment projects. Provide economic analysis to evaluate feasibility of projects and New Field Development opportunities. Preparation of sensitivity analysis and making recommendations on the economic attractiveness of alternatives. Identify drivers that could significantly enhance project returns.
- Preparation and presentation of economics for internal/external stakeholders.
- Develop, maintain, and modify, when necessary, the financial cum economic models of the existing assets and new assets.
- Supporting Commercial Evaluations e.g. PSC Renegotiation, Cost Share, Abandonment liability, Decommissioning provision.
- Supporting portfolio analysis and ranking of company’s existing assets.
- Provide commercial and financial due diligence support to existing activities and projects and new business opportunities as required.
- Keep abreast of all relevant types of international petroleum fiscal regimes, international financial standards and international tax issues.
- Supporting and working closely with other departments - Subsurface, Facilities & Project Management, Drilling, New Field Development and Finance teams

Finance & Planning
- Update economics model on monthly basis to reflect the actuals and provide monthly analysis on the block financial health, with focus on Net Income, projected cashflow forecast and variance analysis.
- Provide quarterly economics updates, including Net Income levers for submission to Head Office.
- Provide support into Business Planning and Head Office activities, such as 5 years plan, reserves evaluation, Impairment Test and Investment Report.
- Supporting long and medium-term planning economics and analysis.

**ESSENTIAL QUALIFICATIONS AND SKILLS**:

- Relevant university degree from recognised university or Professional Qualification (either Accounting and Finance or an Engineering degree).
- Minimum 3 - 5 years’ experience in Oil and Gas industry, with knowledge of PSC/ RSC contractual frameworks and investment analysis methods.
- In-depth knowledge and experience of financial modelling.
- Broad understanding of company accounts and tax are essential.
- Advanced Microsoft Excel skills, with the ability to build/ read macros in Visual Basic.
- Excellent communication and presentation skills.
- Ability to work independently and within a team.

  • Economist

    4 weeks ago

    Kuala Lumpur, Malaysia IFC Systems Corporation Full time

    **Economist** **Job #**: - req24080**Organization**: - World Bank**Sector**: - Economics**Grade**: - GF**Term Duration**: - 4 years 0 months**Recruitment Type**: - Local Recruitment**Location**: - Kuala Lumpur,Malaysia**Required Language(s)**: - English**Preferred Language(s)**: **Closing Date**: - 9/19/2023 (MM/DD/YYYY) at 11:59pm...

  • Economist

    2 months ago

    Kuala Lumpur, Malaysia World Bank Group Full time

    **Job #**: - req24080**Organization**: - World Bank**Sector**: - Economics**Grade**: - GF**Term Duration**: - 4 years 0 months**Recruitment Type**: - Local Recruitment**Location**: - Kuala Lumpur,Malaysia**Required Language(s)**: - English**Preferred Language(s)**: **Closing Date**: - 9/19/2023 (MM/DD/YYYY) at 11:59pm UTC**Description** We need the...

  • Business Development Manager

    2 weeks ago

    Kuala Lumpur, Malaysia The Economist Group LTD Full time

    Introduction: As the research and analysis division of the Economist Group, The Economist Intelligence Unit (EIU) helps leaders prepare for opportunity, empowering them to act with confidence when making strategic decisions. The EIU is the global standard in providing quality, actionable intelligence to the public and private sector, assessing issues that...

  • Business Development Manager

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia The Economist Group LTD Full time

    Introduction:As the research and analysis division of the Economist Group, The Economist Intelligence Unit (EIU) helps leaders prepare for opportunity, empowering them to act with confidence when making strategic decisions. The EIU is the global standard in providing quality, actionable intelligence to the public and private sector, assessing issues that...

  • Development Economist

    2 weeks ago

    Kuala Lumpur, Malaysia United Nations Development Programme (UNDP) Full time

    **Job Identification** - 18439 **Locations** - Kuala Lumpur, Malaysia**Posting Date** - 05/22/2024, 03:03 PM - 06/05/2024, 10:59 PM **Job Schedule** - Full time **Agency** - UNDP **Grade** - NOC **Vacancy Type** - Fixed Term **Practice Area** - Economics **Bureau** - Regional Bureau for Asia and the Pacific **Contract Duration** - 1 Year with...

  • Assistant Economist

    3 weeks ago

    Kuala Lumpur, Malaysia S&P Global Full time

    **About the Role**: **Grade Level (for internal use)**: 09 Job Posting Title Economist Job Description Summary Economist - Kuala Lumpur, Manila The Pricing and Purchasing team under Global Intelligence & Analytics, at S&P Global Market Intelligence delivers vital price, cost and inflation information that helps companies recognize millions of dollars in...

  • Draftsman (1 -year Contract)

    5 days ago

    Kuala Lumpur, Malaysia Watson's Personal Care Stores Sdn Bhd Full time

    **Responsibilities**: - Create preliminary design for management approval. - Create full construction drawings & merchandising drawing based on confirmed designs. - Create design specifications documentation and material lists. - Obtain site information from project leader to verify feasibility of proposed design. - Control issuance of each drawing’s...

  • Hindsight Economist

    1 month ago

    Kuala Lumpur, Malaysia ExxonMobil Full time

      About us   At ExxonMobil, our vision is to lead in energy innovations that advance modern living and a net-zero future. As one of the world’s largest publicly traded energy and chemical companies, we are powered by a unique and diverse workforce fueled by the pride in what we do and what we stand for.   The success of our Upstream,...

  • Hindsight Economist

    1 month ago

    Kuala Lumpur, Kuala Lumpur, Malaysia ExxonMobil Full time

    About us At ExxonMobil, our vision is to lead in energy innovations that advance modern living and a net-zero future. As one of the world's largest publicly traded energy and chemical companies, we are powered by a unique and diverse workforce fueled by the pride in what we do and what we stand for. The success of our Upstream, Product Solutions and Low...

  • Hindsight Economist

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia ExxonMobil Full time

    About us At ExxonMobil, our vision is to lead in energy innovations that advance modern living and a net-zero future. As one of the world's largest publicly traded energy and chemical companies, we are powered by a unique and diverse workforce fueled by the pride in what we do and what we stand for. The success of our Upstream, Product Solutions and Low...

  • Hindsight Economist

    4 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia ExxonMobil Full time

    About us At ExxonMobil, our vision is to lead in energy innovations that advance modern living and a net-zero future. As one of the world's largest publicly traded energy and chemical companies, we are powered by a unique and diverse workforce fueled by the pride in what we do and what we stand for. The success of our Upstream, Product Solutions and Low...

  • Hindsight Economist

    4 weeks ago

    Kuala Lumpur, Malaysia ExxonMobil Full time

      About us   At ExxonMobil, our vision is to lead in energy innovations that advance modern living and a net-zero future. As one of the world’s largest publicly traded energy and chemical companies, we are powered by a unique and diverse workforce fueled by the pride in what we do and what we stand for.   The success of our Upstream,...

  • Lifeasia Developer

    4 weeks ago

    Kuala Lumpur, Malaysia MSP Hitect Sdn Bhd Full time

    Hiring for Sunlife Insurance for LifeAsia Developer role - 1 year contract role. **Job Types**: Full-time, Permanent **Salary**: RM10,000.00 - RM14,000.00 per month Schedule: - Monday to Friday

  • Year 1

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Byron Recruitment Full time

    We are looking for a Year 1 and Year 2 Teachers available for work in a dual language system in Kuala Lumpur, Malaysia in July 2024.The Dual Language Program will run in Year 1 and Year 2. There will be two classes, one class will be a purely English stream, the other will be a Chinese/English stream, Maths, English Science, PE and ICT/LIfe Skills all in...

  • Project Assistant

    7 days ago

    Kuala Lumpur, Malaysia Mandarin Oriental Hotel Group Full time

    **Position**: PROJECT ASSISTANT (1 year contract) (Full time #539306) **Property / Office**: Mandarin Oriental, Kuala Lumpur **Location**: Kuala Lumpur, Malaysia **Job Duties and Responsibilities of Project Assistant** - To assist on preparing the cost estimate of the project. - To assist in checking request for proposal (RFP) for consultant, calling...

  • Hindsight Economist

    1 week ago

    Kuala Lumpur, Malaysia ExxonMobil Full time

    **About us** At ExxonMobil, our vision is to lead in energy innovations that advance modern living and a net-zero future. As one of the world’s largest publicly traded energy and chemical companies, we are powered by a unique and diverse workforce fueled by the pride in what we do and what we stand for. The success of our Upstream, Product Solutions and...

  • Recruitment Specialist

    1 week ago

    Kuala Lumpur, Malaysia Hunters International Sdn Bhd Full time

    **About the Company** Our client is a Japanese multinational automobile manufacturer and is also one of the largest automobile manufacturers in the world. **Responsibilities**: - ****Collaborate with hiring managers to identify staffing needs and develop recruitment strategies. - Conduct onboarding for new hires, including facilitating orientation...

  • Planning Specialist

    2 weeks ago

    Kuala Lumpur, Malaysia Ambition Full time

    **Job details**: Posted 31 January 2024 SalaryRM3000 - RM5500 per month LocationKuala Lumpur Job type Contract DisciplineSupply Chain & Procurement Reference267310_1706673307 - This established healthcare MNC is looking for a Planning Specialist familiar with either Demand Planning or Supply Planning for a 1 year contract to assist in an on-going...

  • Executive, Central Sales Support

    2 weeks ago

    Kuala Lumpur, Malaysia Allianz Full time

    Executive, Central Sales Support (1 Year Contract) 1 44277 | Operations | Entry Level | Non-Executive | Allianz Malaysia | Full-Time | Temporary **Job Summary** To provide end-to-end sales support to various sales channel and business partners to achieve the overall productivity and profitability **Key Responsibilities** - To provide support to various...

  • Executive-asset Management

    3 weeks ago

    Kuala Lumpur, Malaysia Watson's Personal Care Stores Sdn Bhd Full time

    **Responsibilities**: - Rental negotiation, execution and management of leases and Tenancy Agreement for the existing storage, accommodation and store. - Good negotiation skills and maintain strong rapport with landlord and agency. - Manage the administrative work tasks, including agreement signatory and payment matter. - Coordinate with relevant department...