Petroleum Economist

Petroleum Economist

Full-Time 72000 - 108000 £ / year (est.) No working from home possible
Kintec Global Recruitment

At a Glance

  • Tasks: Drive strategic investment decisions in oil, gas, and energy transition portfolios.
  • Company: Leading international operator in the Middle East with a focus on innovation.
  • Benefits: Tax-free salary, accommodation, schooling allowance, transport, and annual flights.
  • Other info: Permanent position with excellent expatriate package and career growth opportunities.
  • Why this job: Make a real impact on high-value projects in a collaborative environment.
  • Qualifications: Strong reservoir engineering background and experience in economic modeling.

The predicted salary is between 72000 - 108000 £ per year.

Join to apply for the Petroleum Economist role at Kintec Global Recruitment .


Making sure you fit the guidelines as an applicant for this role is essential, please read the below carefully.
About the Role

You’ll be at the heart of the operator’s investment and portfolio strategy — integrating reservoir engineering fundamentals with advanced economic modeling to shape decisions that impact billions in assets.


Your work will span upstream oil & gas , EOR , CCUS , hydrogen , and energy transition projects — collaborating with global experts and senior leadership to optimize value creation and portfolio performance.



  • Lead economic evaluations for upstream assets, CO₂ sequestration, CCUS, and unconventional reservoirs.
  • Conduct scenario and sensitivity analyses to guide investment and risk decisions.
  • Develop probabilistic economic models to optimize NPV, PVR, and capital efficiency.
  • Partner with financial institutions on reserves‑based lending (RBL) and valuation processes.
  • Support A&D activities , including reserves evaluation, development screening, and synergy assessments.
  • Apply reservoir engineering methods (decline curve, type curve, PVT, SCAL, material balance) to validate project assumptions.
  • Deliver production forecasts , portfolio rankings, and long‑term strategic models.
  • Collaborate with global consultants to enhance governance and portfolio decision frameworks.
  • Drive cost optimization and innovation initiatives , maximizing operational value and NPV.

Qualifications & Experience

  • Degree in Petroleum Engineering, Reservoir Engineering , or related discipline (Master’s preferred).
  • 10+ years’ experience in petroleum economics and reservoir engineering.
  • Proven track record in reserves reporting, asset valuation , and portfolio optimization .
  • Strong understanding of fiscal regimes, economic modeling , and risk analysis .
  • Proficiency in PEEP, Aries, Woodmac, Merak ; familiarity with CMG or Eclipse preferred.
  • Experience in RBL processes and cross‑functional stakeholder engagement.

What’s on Offer

  • Tax‑free salary and competitive expatriate package.
  • Accommodation, schooling, transport, and annual flights provided.
  • Permanent position – single or family status available.
  • Work on cutting‑edge energy transition and upstream projects with world‑class partners. xwzovoh
  • Join a collaborative, innovative environment shaping the future of energy.

Petroleum Economist employer: Kintec Global Recruitment

Join a leading international operator in the Middle East, where your expertise as a Senior Petroleum Economist will be valued in a collaborative and innovative environment. Enjoy a competitive tax-free salary alongside an exceptional expatriate package that includes accommodation, schooling allowances, and annual flights, all while working on cutting-edge projects that shape the future of energy. This is not just a job; it's a meaningful opportunity for professional growth and impactful contributions in a dynamic sector.

Kintec Global Recruitment

Contact Details:

Kintec Global Recruitment Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Petroleum Economist

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Kintec Global Recruitment. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Petroleum Economist

Petroleum Economics
Reservoir Engineering
Economic Modeling
Upstream Oil Familiarity
CMG Software
Eclipse Software
RBL Processes

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Kintec Global Recruitment.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Kintec Global Recruitment's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Kintec Global Recruitment

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Kintec Global Recruitment.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Kintec Global Recruitment will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Kintec Global Recruitment employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.