Specialist - Economic Modeling and Analysis

Specialist
- Economic Modeling and Analysis Job Snapshot Role:
Specialist
- Economic Modeling and Analysis

Location:

Abu Dhabi, United Arab Emirates Industry: Oil and Energy Function:
Business Analysis-Research

Experience:

8 years of experience in economic model building and interpretation Job Type: Full Time

ADNOC Group is seeking a Specialist
- Economic Modeling and Analysis for a Full Time, on-site role in Abu Dhabi, United Arab Emirates. The position develops and maintains fit-for-purpose economic and Linear Programming models supporting refinery production optimization, feedstock procurement, product and intermediate sales, and commercial decision-making. The role will analyze actual refinery performance, evaluate margin opportunities, maintain models against current operating conditions and provide timely economic insights to refinery and commercial teams.

Job Details Country:
United Arab Emirates City:
Abu Dhabi Industry: Oil and Energy Function:
Business Analysis-Research Salary:
Not disclosed Gender: No Preference Candidate Nationality:
Not specified Job Type: Full Time Work Arrangement:
On-site

• Maintain economic and Linear Programming models that accurately represent current refinery operating conditions and business requirements.
• Coordinate within the SCMD team to ensure operating constraints are accurately represented in LP models.
• Enhance LP and other economic models to maintain their fitness for business purposes.
• Keep business constraints and pricing information current to support accurate modeling results.
• Develop new economic models when required by changing business needs.
• Build models for evaluating purchases and sales of intermediate streams and products.
• Coordinate with refinery teams to obtain actual yield patterns, material balances and process constraints.
• Maintain Economics and Planning models using current plant operating information.

• Perform economic evaluations of crude, condensate and other feed stocks to support procurement decisions.
• Evaluate feedstock purchases and product or intermediate sales.
• Conduct economic assessments for other business cases as required.
• Provide timely economic evaluation support to commercial operations.
• Prepare supporting documentation for commercial transactions.
• Develop presentations for OC and OSC to support commercial decision-making when required.
• Maintain auditable records of decisions supported by economic evaluations.
• Maintain an organized database of economic evaluation records.

• Track, monitor and analyze refinery performance using real-time and historical operating data.
• Identify suboptimal operations and potential margin improvement opportunities and communicate findings to relevant stakeholders.
• Develop daily and weekly margin reports.
• Prepare monthly gross margin reports and retrospective analysis of planned versus actual performance.
• Support the Senior Specialist, Economic Model in preparing monthly variance analysis of actual refinery performance.
• Analyze deviations including yield patterns and quality giveaway.
• Identify performance improvement opportunities and support their implementation.
• Monitor product quality KPIs, unit yield patterns and component quality deviations and recommend measures to reduce identified gaps.
• Track margin losses resulting from planned and unplanned shutdowns and process limitations.
• Coordinate with site teams to obtain actual unit yield patterns and hydrogen balances.
• Monitor implementation of production plans and raise concerns regarding deviations.
• Review and revise unit capacities and operating parameters in line with relevant economic indicators when required.

• Oversee the Profit Improvement…