2 months ago

Refinery Planning Economist (SA)

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 6 hours agoStatus: Live

Job Summary

Lead refinery-level optimization by running local linear programming (LP) models to optimize crude allocation, crude mix, and products slates across Aramco refineries. Collaborate with ATC and the Global Optimizer team to maximize downstream margins, develop annual plans, and mentor junior economists in optimization principles. Key duties include reviewing circuit model outputs, analyzing constraints, and integrating market perspectives into asset LPs to improve profitability.

Location: Saudi Arabia

Workplace: Onsite

Employment Type: Full time

Job Function: Data Analytics & Business Intelligence

Key Responsibilities

•Lead local Linear Programming (LP) runs at individual refineries to drive commercial optimization, focusing on generating crude relative values and rankings that inform strategic decisions. Provide inputs and review results of circuit model runs.
•Analyze major constraints impacting asset logistics and unit performance, identifying investment ideas. Challenge existing limits of LP outputs towards achieving ideal baselines.
•Work closely with ATC to integrate Saudi Aramco’s market perspectives into individual asset’s LPs. Assess intermediate feedstocks, blendstocks and component sales opportunities to further improve refinery margins after crude placement cycle.
•Foster collaboration among asset economists within regions to consolidate LPs, identify inter-site optimization opportunities, and defend refinery interests during trade-off evaluations.
•Contribute to the development of yearly business plans by providing insights into market trends and refinery operations outlook. Execute short-term optimization opportunities within production months, coordinating efforts across refineries, ATC and the central optimization team.

Key Requirements

•Bachelor’s degree in an Engineering discipline; an MBA is highly desirable.
•Minimum of 12 years in the downstream business, encompassing both manufacturing and commercial aspects. Minimum of 3 years in executing LP models and economic analysis.
•In-depth understanding of engineering practices, economic principles and calculation methodology; proficiency in international business and cross-cultural professional practices; Mandarin or Korean beneficial.
•Prior experience in Refinery-Chemical integration advantageous.
•Strong ability to analyze constraints, identify investment ideas, and champion optimization improvements.

Experience:12+ yearsDownstreamLP modellingRefineryOil & gas

Education:Bachelor's in EngineeringEngineering (Bachelor’s)

Skills:LeadershipCommunicationProblem-solvingMentoringTeamwork

Tech Stack:Linear programmingLP modellingOptimizationCircuit model

Company Brief

Saudi Aramco

State-owned integrated energy and chemicals company producing and marketing crude oil, natural gas and petrochemicals globally, with major investments in energy infrastructure, refining and low‑carbon technologies.

Industry: Oil & Gas

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Dhahran, Saudi Arabia

Founded: 1933

Glassdoor: 4.2

Website LinkedIn Glassdoor

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Saudi Aramco

2 months ago

Refinery Planning Economist (SA)

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 6 hours agoStatus: Live

Job Summary

Location: Saudi Arabia

Workplace: Onsite

Employment Type: Full time

Job Function: Data Analytics & Business Intelligence

Key Responsibilities

•Lead local Linear Programming (LP) runs at individual refineries to drive commercial optimization, focusing on generating crude relative values and rankings that inform strategic decisions. Provide inputs and review results of circuit model runs.
•Analyze major constraints impacting asset logistics and unit performance, identifying investment ideas. Challenge existing limits of LP outputs towards achieving ideal baselines.
•Work closely with ATC to integrate Saudi Aramco’s market perspectives into individual asset’s LPs. Assess intermediate feedstocks, blendstocks and component sales opportunities to further improve refinery margins after crude placement cycle.
•Foster collaboration among asset economists within regions to consolidate LPs, identify inter-site optimization opportunities, and defend refinery interests during trade-off evaluations.
•Contribute to the development of yearly business plans by providing insights into market trends and refinery operations outlook. Execute short-term optimization opportunities within production months, coordinating efforts across refineries, ATC and the central optimization team.

Key Requirements

•Bachelor’s degree in an Engineering discipline; an MBA is highly desirable.
•Minimum of 12 years in the downstream business, encompassing both manufacturing and commercial aspects. Minimum of 3 years in executing LP models and economic analysis.
•In-depth understanding of engineering practices, economic principles and calculation methodology; proficiency in international business and cross-cultural professional practices; Mandarin or Korean beneficial.
•Prior experience in Refinery-Chemical integration advantageous.
•Strong ability to analyze constraints, identify investment ideas, and champion optimization improvements.

Experience:12+ yearsDownstreamLP modellingRefineryOil & gas

Education:Bachelor's in EngineeringEngineering (Bachelor’s)

Skills:LeadershipCommunicationProblem-solvingMentoringTeamwork

Tech Stack:Linear programmingLP modellingOptimizationCircuit model

Company Brief

Saudi Aramco

Industry: Oil & Gas

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Dhahran, Saudi Arabia

Founded: 1933

Glassdoor: 4.2

Website LinkedIn Glassdoor