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Senior Economist (Investment)

ADNOC (Abu Dhabi National Oil Company)
Abu Dhabi, United Arab Emirates
Posted 1 year ago
1 open position
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Job Description


About the Company

We are a UAE based refiner with a global reach. Every year, we supply more than 40 million tons of high-quality refined products to markets around the world. We have been operating in Abu Dhabi for more than 40 years, playing a crucial role in serving both the ADNOC Group and the United Arab Emirates. Our facilities are jointly able to refine nearly a million barrels of crude oil and condensates per day. ADNOC Refining processes close to a million barrels of crude oil and condensates per day. We refine this feedstock into various products, including liquefied petroleum gas, naphtha, gasoline, jet fuel, group III base oils, MTO, and petrochemical feedstock such as propylene. We also produce specialty products such as carbon black and calcined petroleum coke.




About the Job

Carry out fundamental business, financial, and economic analysis for all Downstream investments that are under consideration, businesses, in addition to economic studies. Undertake economics and feasibility studies. Manage and rank Downstream Directorate’s investment portfolio. The fundamental analysis enables senior management to make informed investment and business decisions. Ensure Investments in Downstream Projects comply with ADNOC goals of unlocking and maximizing value and corporate investment guidelines.


  • Develop and demonstrate an understanding to assess investment proposals to determine suitable investment strategies and opportunities.


  • Ensure Downstream projects and investments comply with Investments Governance Framework (IGF) or any other applicable policy


  • Develop and maintain economic tools and fit-for-purpose analysis (such as risk analysis) to support Downstream Directorate business ensuring timely challenge and guidance in making informed investment decisions


  • Conduct business, economic, and financial evaluations for all types of investments under consideration (e.g. greenfield, brownfield, joint ventures, mergers and acquisition), business cases, and economic studies in Downstream


  • Keep up to date with market and industry and issue reports on relevant markets and industries


  • Prepare an investment case or appraisal presentations to ADNOC Management Investment Committee (MIC) or any other applicable ADNOC Management committees


  • Assist the Management to ensure that the Division’s long and short term plans for investments, business cases and economic studies evaluation are in line with ADNOC objectives.


  • Provide Downstream Group Companies with professional analytical and economical support


  • Analyze and assess economic cases presented by Downstream Directorate and its Group Companies.


  • Assist the Management to ensure that the Division’s long and short term plans for investments, business cases and economic studies evaluation are in line with ADNOC objectives.




Minimum Requirements
  • Bachelor Degree in Finance, Business Management and/or Economic


  • At least 10 years of relevant professional experience including 5 years specifically in the Oil & Gas / Downstream industry.


  • Relevant professional certification






JobsAnalyst/ResearchSenior Economist (Investment)