Petroleum Planning & Economics Consultant

Start Date: 31/10/2025

Applications close on: 31/10/2025

Contract Type: Contract

Country: Kuwait

Discipline: Petroleum

Job Contact: louise.davies@visuna.com

You will provide expert support in asset lifecycle economics, portfolio strategy, and capital efficiency optimization. This includes upstream project valuation from exploration through abandonment, applying deterministic and probabilistic economic methods.

Key Responsibilities

• Build integrated lifecycle economic models for oil & gas assets.

• Perform reserves classification and integrate PRMS into economic forecasts.

• Conduct development planning (well count, phasing, facility options).

• Deliver techno-economic evaluations of EOR/IOR projects.

• Execute prospect risking, volumetric modeling, and portfolio optimization.

• Analyze unconventional resources with type-curve–based economics.

• Provide cost integration, capital efficiency reviews, and post-audits.

• Support strategic portfolio balancing and capital allocation decisions.

Required Competencies

• Degree in Petroleum Engineering, Energy Economics, or related field.

• Advanced modeling skills (deterministic & Monte Carlo).

• Software proficiency:

  • Economics: ARIES, Quorum, PHDWin.

  • Risk analysis: @RISK, Crystal Ball, DecisionTools Suite.

  • Analytics & portfolio tools: Spotfire, Power BI, Palantir Foundry.

  • Programming/data: Excel VBA, Python, SQL.

• Strong ability to translate technical forecasts into financial insights.

• Excellent communication and stakeholder engagement skills.

Benefit of Working with Visuna?

• A dedicated member of the team responsible for your placements and welfare
• Some of the best day rates in the industry
• FREE worldwide insurance and Medevac cover whist on a Placement
• 24/7 access to our specialist support team
• Assistance and advice on a range of business topics
• FREE access to our Competency Scheme
• Increased exposure to potential clients and more placement opportunities