Downstream Optimization Engineer Jobs

This role required candidate to permanently relocate at Dhahran, Saudi Arabia.

About the Company


This company engages in the exploration, production, transportation, and sale of crude oil and natural gas. It operates through the following segments: Upstream, Downstream, and Corporate. The Upstream segment includes crude oil, natural gas and natural gas liquids exploration, field development, and production. The Downstream segment focuses on refining, logistics, power generation, and the marketing of crude oil, petroleum and petrochemical products, and related services to international and domestic customers. The Corporate segment offers supporting services including human resources, finance, and information technology. The company was founded on May 29, 1933 and is headquartered in Dhahran, Saudi Arabia.

Job Summary

Business Optimization Department is responsible for Downstream assets' operation planning, profit and loss, development and coordination of the capital program in line with the Downstream strategy, and value creation through assets and streams optimization and integration.

Responsibilities:

• Preparing and delivering presentations to Corporate Management on issues related to refining and chemical facilities.
• Evaluating major refinery and petrochemical process configurations and conducting studies to improve refinery and petrochemical complex integration.
• Mentoring junior engineering talent to support their career progression.
• Reviewing operations of downstream facilities, identifying bottlenecks, and recommending measures to mitigate them.
• Evaluating growth project proposals and joint venture offtake arrangements.
• Conducting system and economic evaluations of existing and potential refining and chemical facilities.
• Identifying and presenting value-driven opportunities to improve profitability at both individual asset and regional levels.
• Assisting in the development of technical evaluations and economic justifications for Capital Programs.
• Preparing project justifications for presentation to Corporate Management.
• Addressing and resolving constraints within the system by conducting Solomon benchmarking analysis and gathering input from the Sales & Operation Planning Division.

Requirements:

• Excellent knowledge and understanding of financial analysis and valuation methodologies, as well as commercial principles and mechanisms related to transactions and various types of commercial agreements.
• Expertise in international business practices and a strong understanding of cross-cultural professional dynamics.
• A minimum of 15 years of professional experience, specifically in business optimization for major chemicals and refining projects, with a comprehensive understanding of associated operations and asset integration.
• A Bachelor's degree in Chemical Engineering, an MBA, or a relevant advanced degree (strongly preferred).
• This role required candidate to permanently relocate at Dhahran, Saudi Arabia.