Tech Specialist - MO Economist

Posted 2 Days Ago
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World Trade Center, Yeshwanthpur, Bangalore, Karnataka
Mid level
Energy
The Role
The Tech Specialist - MO Economist role involves providing economic guidance to optimize production through effective planning and scheduling models. This includes running LPs, pricing analysis, annual business plan LP runs, and coordinating refinery margin forecasting with various teams. The role requires interaction with external benchmarking data and backup support for other economists.
Summary Generated by Built In

, India

Job Family Group:

Production and Manufacturing Downstream

Worker Type:

Regular

Posting Start Date:

February 24, 2025

Business unit:

Projects and Technology

Experience Level:

Experienced Professionals

Job Description:

What’s the role 

The role will provide the economic steer to enable optimization of production, based on accurate, fit-for-purpose planning and scheduling models. Maximize the integrated margin for the site(s) and across different lines of businesses.

What you’ll be doing 

  • Running sensitivities in the linear program (LP – PIMS) to ensure the refinery operation is optimized between monthly operating plan (MOP) cycles.

  • Determining break-even pricing and advising Trading and Supply on spot purchase and sale opportunities.

  • Completing the annual business plan LP runs, including collection of key process operating constraints, product pricing and volume tier availability, evacuation limitations, to deliver an optimized Y+1 mass balance. Extrapolate into a full 10-year plan, considering planned future outages and material changes that will impact future margins.

  • Assisting the Refinery Crude Economist in identifying LP model inaccuracies and general improvements to the Economic Model Coordinator.

  • Work may include multiple LP runs including sensitivities and may also include the need to work with the Economic Model Coordinator to modify the LP to adequately assess the project or opportunity.

  • Evaluating the economic benefit of recently completed margin-generating opportunities and entering Trackers to enable broader tracking of the margin growth funnel. Close coordination with the Refinery Business Development Lead to ensure timely delivery. Communicating same to the Economic Model Coordinator for inclusion in Margin Variance Analysis (MVA)

  • Acting as focal point for Business for the Refinery margin forecasting process (LE – latest estimate), which involves coordination with Finance and central performance analysis teams.

  • Serving as key provider of benchmarking data on behalf of Business for external requests, i.e., Solomon.

  • Providing vacation coverage and back-up support for the Refinery Crude Economist (whose vacation will generally be scheduled outside of peak workload demands, i.e., MOP) as well as providing vacation coverage for certain duties of the Economic Model Coordinator (EMC).

What you bring 

  • Background in Chemical Engineering.

  • Proven years of experience in the Oil and Gas industry with exposure to Economics and Scheduling (operating refinery or petrochemicals plants preferred).

  • Well versed with ASPEN TECH Planning Tools (PIMS) with experience in the Aspen Scheduling Tool (APS - optional) is desired.

  • Excellent analytical, oral and written communication skills

  • Team player and self-motivated.

  • Advance skill level in MS Excel.

  • Understanding of IT technologies, Data Analysis techniques, databases, and reasonable computer programming skills is a plus. Fully versed with MS Office suite of software (Word, PowerPoint and Outlook)

  • Understanding of refinery unit processes mandatory.

What we offer

You bring your skills and experience to Shell and in return you work with talented, committed people on one of the most important challenges facing our planet. You’ll have the opportunity to develop the skills you need to grow in an environment where we value honesty, integrity and respect for one another. You’ll be able to balance your priorities as you become the best version of yourself.

  • Progress as a person as we work on the energy transition together.

  • Continuously grow the transferable skills you need to get ahead.

  • Work at the forefront of technology, trends and practices.

  • Collaborate with experienced colleagues with unique expertise.

  • Achieve your balance in a values-led culture that encourages you to be the best

  • version of yourself.

  • Join an organization working to become one of the most diverse and inclusive in the world. We strongly encourage applicants of all genders, ages, ethnicities,  cultures, abilities, sexual orientation and life experiences to apply.

  • Grow as you progress through diverse career opportunities in national and international teams.

  • Gain access to a wide range of training and development programs.

-

DISCLAIMER:

Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Shell/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.

Top Skills

Chemical Engineering
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The Company
HQ: London
126,000 Employees
On-site Workplace
Year Founded: 1897

What We Do

Shell is a global energy company with around 87,000 employees in more than 70 countries. We work together to power progress through more and cleaner energy solutions. We serve more than 30 million customers at almost 46,000 retail service stations every day.

Our strategy is to accelerate the transition of our business to net-zero emissions, purposefully and profitably. #PoweringProgress

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