
The Petroleum Economist role focuses on economic evaluation and asset optimisation within the oil and gas sector. You will work on developing economic models and conducting valuation analyses to support strategic decision-making.
As a Petroleum Economist, you will be responsible for economic evaluation and asset value optimisation. This includes developing and maintaining economic models for producing assets and new development projects, as well as evaluating the commercial viability of brownfield projects. You will perform valuation analysis to support decision-making and assess the impact of technical, cost, and production uncertainties on asset value. Additionally, you will apply and interpret Malaysia's PSC fiscal regime to ensure accurate representation in economic models and identify opportunities to optimise value within these frameworks.
You will also analyse asset performance, support capital allocation discussions, and contribute to business planning and portfolio reviews. Collaboration with subsurface, wells, facilities, finance, and commercial teams is essential to integrate inputs into economic models. The role requires strong analytical and problem-solving skills, as well as the ability to communicate technical concepts effectively.
Degree in Economics, Finance, Engineering or related discipline.
Minimum 5 years' experience in upstream oil & gas economics or commercial roles.
Experience working with Malaysia PSC fiscal regimes is essential.
Strong economic and financial modelling capabilities.
Advanced proficiency in Microsoft Excel and PowerPoint.
Familiarity with industry-standard economic tools such as PEEP, Aries, PHDWin or equivalent.
Working knowledge of automation or programming tools (e.g. VBA, Python) is an advantage.
Strong analytical and problem-solving skills.
Ability to assess uncertainty and generate practical insights.
Effective communicator, able to simplify technical concepts.
ELSA has not disclosed the salary for this role.
This Petroleum Economist position is based in Kuala Lumpur, Malaysia. This role is fully on-site.
ELSA is looking for Degree in Economics, Finance, Engineering or related discipline.; Minimum 5 years' experience in upstream oil & gas economics or commercial roles.; Experience working with Malaysia PSC fiscal regimes is essential..
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Company
ELSA
Location
Kuala Lumpur
Salary
Undisclosed
Skills Required
9 skills
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ELSA has not disclosed the salary for this role.
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