Asset Economist

COUNTRY DESCRIPTION :

Kazakhstan is an important country with strategic significance in Shell's portfolio. Shell has material interest in Kashagan, Karachaganak, and the Caspian Pipeline Consortium. In addition, Shell is currently maturing opportunities in exploration. The commercial department of Shell Kazakhstan Development will manage all asset commercial, growth, and portfolio issues relating to these assets and in collaboration with the shareholder representatives and Kazakhstan Senior VP, to ensure value for Shell is maximized.

DIMENSIONS :

The Asset Economist role is part of the Kazakhstan Commercial Team in Astana with responsibility for several regional assets and growth (new business / exploration) projects. The Asset Economist will support projects as a core member of multidisciplinary opportunity teams or natural teams focusing on integrating economics assumptions, developing valuation models, and delivering value insights. Substantial liaison with engineers, subsurface specialists, strategy, planning, legal, tax, finance, and commercial staff a unique position to contribute to the evaluation and decision-making processes in the businesses.

KEY ACCOUNTABILITIES :

• Lead economics evaluations for specific assets, projects, or investment opportunities, including modelling the economics of investments.
• Determine the value of assets, opportunities, and businesses as required as part of the opportunity realization, asset management, and business planning processes.
• Build and maintain models from scratch and improve existing models from where necessary.
• Frame the economics requirements and appropriate decision analysis, fundamentals, and optimize based on fiscal systems, risk & uncertainty, quantification of non-technical risks, model building, economics assurance, and communicate value insights to help achieve high quality value propositions.
• Calculate economic cut-off for reserves and formally report expectation reserves in conjunction with the reserves coordinator.
• Use appropriate tools and methodologies for investment evaluation, and uncertainty and risk analysis.
• Work with the development / commercial team to optimize the development of opportunities.
• Champion Decision Analysis and Decision Quality in Shell Kazakhstan.
• Contribute to continuous improvement of Shell Kazakhstan Business processes and tools; ensuring proper documentation and reporting of activities; ensure adherence to established internal controls / mandates.
• Coach staff across the business on economics principles, valuation, and screening.
• Communicate, apply, and refine economics guidelines and standards.

QUALIFICATION REQUIREMENTS :

The position of Asset Economist is assigned to a person who can report of the following :

Locations

Kazakhstan