This role required candidate to permanently relocate at Dhahran, Saudi Arabia.About the CompanyThis company engages in the exploration, production, transportation, and sale of crude oil and natural gas. It operates through the following segments: Upstream, Downstream, and Corporate. The Upstream segment includes crude oil, natural gas and natural gas liquids exploration, field development, and production. The Downstream segment focuses on refining, logistics, power generation, and the marketing of crude oil, petroleum and petrochemical products, and related services to international and domestic customers. The Corporate segment offers supporting services including human resources, finance, and information technology. The company was founded on May 29, 1933 and is headquartered in Dhahran, Saudi Arabia.Job SummaryWe are seeking a Business Development Specialist to join East Hub Division of the LTC Business & Project Development Department to set up the Linear Programming (LP) and economics model, 3rd party Build Own Operate and Maintain (BOOM) evaluation model, project financing as well as interface management amongst groups with technical, execution and commercial SMEs. Business Development Specialist will be reporting to the Manager and work closely with modeling and optimization engineer and other project members.Responsibilities:

• Ensure alignment between the details and basis/assumptions of the economics model and the Linear Programming (LP) model.
• Provide the necessary economics parameters, including Net Present Value (NPV) and Internal Rate of Return (IRR).
• Facilitate internal alignment among shareholders and concerned parties regarding economics parameters.
• Develop the economics for Value-Add and Capital Efficiency components and furnish the required details for conducting a commercial assessment.
• Possess the capability to assess Chemical Competitiveness and offer insights on options to enhance overall economics.
• Establish and evaluate various market scenarios to support and enhance the project\'s value.
• Define and participate in Case Study deliverables, identifying key optimization initiatives necessary for the overall facilities scope, cost estimates, schedule, and tracking the development of Gate deliverables required for management approval. Identify items that require further support to meet target deadlines.
• Manage the interface and interaction between the Government Engagement, GHG (Greenhouse Gas) Abatement, Finance Readiness Workstreams, and Project Development Group.
• Collaborate with the Government Engagement Workstream to determine the economic impact within the Kingdom, including job creation and GDP, and update these figures in each phase while securing stakeholder alignment with concerned parties.

Requirements:

• This role required candidate to permanently relocate at Dhahran, Saudi Arabia.
• Hold at least a Bachelor\'s degree in Chemical Engineering from a recognized and approved program.
• Possess a minimum of 15+ years of experience with a specific focus on the Refining & Chemicals business.
• Have prior experience in Linear Programming (LP) and Economics Modeling.
• Demonstrate expertise in PIMS LP (Process Integration and Modeling System) knowledge and experience to develop and modify new or existing LP models.
• Be skilled in Economic Model development and analyses.
• Have experience in new business development, especially in terms of 3rd party Build-Own-Operate (BOO) or Build-Own-Operate-Transfer (BOOT) evaluation and selection processes.
• Possess experience in execution, commercial aspects, and project financing within the industry.
• Have a background in infrastructure, 3rd party collaboration, and interface management.
• Bring technical interface management experience to the role.

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