Petro Rabigh was founded in 2005 as a joint venture between Saudi Aramco and Sumitomo Chemical. The plant is valued at about US $10 billion and originally produced 18.4 million tons per annum (mtpa) of petroleum-based products and 2.4 mtpa of ethylene and propylene-based derivatives. Petro Rabigh II is an expansion project valued at US $9 billion that reached full production by 4th Quarter 2017 and provided a wide range of new high value-added products, some of which are exclusive to the Kingdom of Saudi Arabia and the Middle East.
Duties and responsibility
Develop, review, and maintain economic and financial models, including budgets and rate of returns, which provide detailed analysis/valuation of business development projects/ future projects.
Perform cash flow evaluations that incorporate existing and potential revenues, capital requirements, operating and maintenance expenses, growth opportunities, operating synergies, supply and demand projections, risks, and other aspects related to new project development/ future projects.
Conduct ad hoc research at P&CEOs behest to help comprehend impacts of unexpected market developments.
Bachelor Degree in Chemical Engineering or Chemistry.
MBA (with specialization in Strategy Planning or Finance preferred)
15-20 years of experience in in Oil & Gas / Petrochemical sector
Strong knowledge in conducting strategic, market, economic and technology analysis.
Equivalent work experience will be considered.