What's the role

The Project Economist will p rovide the economic steer to enable optimisation 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

• Developing and assuring Economic models to evaluate the economic feasibility of Asset Integrity / Maintain Margin and Growth (margin improvement) projects; developing models to reflect the integrated value chain associated with the opportunity.
  
• Support improvement opportunities using the MTO process and Fit4 tool; support the asset Business Development Leads in managing, progressing, and delivering growth improvement opportunities, including annual ideation sessions.
  
• Coordinate benchmarking studies, analyze and report results; perform high level analysis from benchmarking and competitive results, identifying areas for improvement.
  
• Developing economic datasets for each model derived from internal pricelines, open-book pricing, macroeconomic conditions, understanding of government policies, and applicable financial models, e.g., buy vs lease analysis
  
• Developing open-book economic scenarios in support of external fiscal framework advocacy
  
• Delivering robust and fit-for-purpose uncertainty and risk analyses, effective and timely challenge to support quality investment decisions by key customers - Business Opportunity Managers, Decision Review Board members, Decision Executives,
  
• Providing consistency in economic analyses via effective integration, compliance, and use with given standards, guidelines, processes, pricelines, external and internal economic datasets, and various analytical tools (cash flow models, tornado sensitivities) to enable reliable comparison of opportunities.
  
• Performing project screenings in early opportunity development phases
  
• Maintaining site-based economic screening tools
  
• Participating in Shell Canada Economist Quarterly connects
  
• Key interfaces with Business Development & Commercial, Economics & Scheduling, Project Delivery, Technology, Joint Venture, Finance, Tax, Trading & Supply, Digital & Business Transformation workstreams, Government Relations, Environment
  

What you bring

• Preferably with a University Degree in Chemical Engineering, Business, Finance, or any relevant discipline.
  
• Preferably with at least 2 years experience in the Oil and Gas industry, prior experience in Manufacturing (Process / Projects / Economics & Scheduling) and/or economic evaluations and decision analyses using cash-flow models is desired.
  
• Strong analytical and communication (oral, written) skills with the ability to grow into a trusted advisor.
  
• Capacity to dive into analytical details, and surface with summary of key insights.
  
• Skilled at working with various projects teams and screening and evaluation of multiple opportunities.
  
• Fully versed with MS Office suite of software (Word, Powerpoint and Outlook) with advance skill level in Excel.
  
• Understanding of IT technologies, Data Analysis techniques, databases, and reasonable computer programming skills is a plus.
  

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.
  

Shell in India

Shell is a diversified energy company in India with 13,000 employees, and presence in Integrated Gas, Downstream, Power, Renewable and Upstream. Additionally, we have deep capabilities in R&D, digitalisation, and business operations.

Our global strategy, Powering Progress, is designed to generate value for our shareholders, customers, and the wider society, and focuses on creating more value with less emissions. The strategy supports our purpose of providing more and cleaner energy solutions, with the aim of profitably transforming Shell into a net-zero emissions energy business by 2050. As India moves towards its target of net-zero emissions by 2070, Shell India aims to play a leading role in securing vital energy for today, while investing in, and helping to build, the energy system of the future through strategic investments in the country.

Our Lubricants business serves over 50,000 consumers through a strong network of over 200 distributors, and operates an end-to-end value chain that spans conceptualization, development, and production at a world-class blending plant at Taloja. Through our 350-plus retail stations, we offer an integrated mobility experience including fuels, cafes, and convenience stores, with a prominent network of EV recharging facilities.

Shell owns and operates a LNG re-gasification terminal at Hazira, Surat, with a capacity of 5 MTPA and a LNG truck-loading unit that plays a crucial role in helping meet India's growing demand for gas across sectors. In 2022, Shell acquired Sprng Energy in a $1.55 billion deal to build an integrated energy transition business in the country. Sprng is a leading renewable energy company in India which develops and manages solar, wind, and hybrid power generation facilities and infrastructure.

Our three capability centres across Bangalore and Chennai serve as a technology and innovation powerhouse for Shell globally, working as a delivery engine for core technical, digital, and finance processes: pioneering digital innovation and cutting-edge technologies across the energy sector. We also have strong academic partnerships and collaborations with leading universities and technology institutes to accelerate decarbonization efforts within the energy sector.

We are committed to positively contributing to the communities in which we operate through programmes on STEM Education, Skilling, and Livelihood across India. We nurture and invest in startups developing initiatives focused on accelerating energy innovation through programs such as Shell E4 and Shell Eco-marathon. We also have strategic investments in new energy companies such as Husk Power, d.light, Orb Energy, and Cleantech Solar.