JOB TITLE: Economics Advisor
Shell Exploration and Production Tanzania Limited, a Subsidiary of Royal Dutch Shell Plc is the operator of the deep-water Blocks 1 and 4, offshore Tanzania. Following a successful exploration and appraisal campaign, large enough quantity of gas has been discovered to underpin an onshore LNG project. The role of the Economics Advisor is to contribute to maximizing Shell’s Upstream and Integrated Gas business value, preparing economic analysis for the Shell’s operated offshore Blocks 1 and 4. The Economics Advisor is a core member of the multi-disciplinary opportunity team focusing on integrating valuation assumptions, maintaining and developing economic models and delivering value insights to enhance the opportunity value proposition in close co-operation with the other members of the Asset team.
The pivotal nature of the economist’s role in the opportunity team exposes the economists to each of the different disciplines, building a detailed understanding of all the value drivers based on each of the disciplines valuation assumptions.
The Economics Advisor ensures version control of input assumptions, models and output is maintained and accessible to their Team Leads at any time. The Economics Advisor is expected to gain substantial experience in Integrated Gas value chains; fiscal systems insights, identifying value drivers and using value drivers to improve value propositions, and internal/external stakeholder management.
The Economics Advisor supports the preparation of commercial negotiating strategies and occasionally participates in negotiations, particularly in cases where open-book economics are applied, fiscal systems are being shaped, and when it is beneficial to understand third party positions. The Economics Advisor actively seeks timely feedback from stakeholders, shares knowledge, experience and practices worth replicating. The Economics Advisor actively contributes to the continuous improvement in understanding of the business context the project operates in, through external engagements with the Tanzanian stakeholders
Strong analytic and diagnostic skills.
A minimum of bachelors degree in Economics or equivalent with at least 3 year in the extractive industry.
Excellent computer skills with a high level of proficiency in Microsoft Office Suite products, specifically Excel.
Ability to quickly absorb and adapt to ways of working in economic modelling and analysis.
Ability to extract insights from analysis to aid management decisions. •
Knowledge of / experience with petroleum economics and international petroleum contracts is a requirement.
Good external networker who can bring together information from different sources.
Strong team player with the ability to work with colleagues from different background and culture.
Energetic, Self-starter and an excellent verbal, visual and written communicator.
Excellent interpersonal skills with the ability to quickly build internal / external networks.
Strong preferences for candidates with experience in dealing with Government bodies.
Fluent in English required.
Upstream & IG Commercial
Dar Es Salaam – Utalii House
Job Expires: 09-Aug-2019
The Economics Discipline is part of the Tanzania Commercial team. It supports the Asset by delivering valuations of the investment opportunities, business planning submissions, commercial negotiations, reserves reporting and contributions to the stakeholder management. The Economics Advisor will interact with members of the Commercial team based in Dar es Salaam and the technical team based in London.