INEOS Energy
Economist
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ORGANISATIONAL CONTEXT & JOB PURPOSE
At INEOS Energy we produce and trade oil, gas, liquefied natural gas (LNG) and carbon credits. This is supported by our investments in low carbon technologies, which will help sustain our business through the energy transition. Direct examples include ‘Project Greensand’, our pioneering carbon storage project in the Danish North Sea and our investment in HydrogenOne Capital.
We are currently seeking an experienced Economist to join our team on a 12- month fixed-term basis, starting in December 2026.
Reporting directly to the Head of Commercial UK, the Economist will take a primary role within the Commercial team and be responsible for running asset economics for a subset of INEOS Energy’s operated and non-operated assets, working closely with the wider commercial team in support of value decision-making.
The role will provide exposure to a wide range of commercial activities, and the Economist will interface with other disciplines within INEOS Energy (Finance, Operations, and Subsurface) and with external counterparties.
RESPONSIBILITIES & ACCOUNTABILITIES
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- Provide economic evaluations for existing assets for the purpose of evaluating incremental investments, developing long-term strategies for the assets and optimising late-life aspects
- Conduct economic evaluations for various projects, from exploration and appraisal activity through to asset/M&A deals
- Provide analytical input to the Asset Managers and Commercial team in support of commercial activities and negotiations
- Support the planning and financial cycles/processes within the business
- Develop, refine and maintain economic models to support investment evaluations, business decision-making and planning
- Deliver key management information to internal stakeholders and contribute to further development of such reports
- Support commercial operations as required, including delivery of gas nominations and provision of related analytical support.
SKILLS, EXPERIENCE & EDUCATION
- Degree-level education, either a science degree or a business/economics degree
- Extensive relevant commercial experience
- Exposure to financial models providing asset analysis
- Understanding of the oil & gas value chain within the energy industry is advantageous
- Hands on experience in corporate and financial planning processes
- Strong economic modelling and analysis capability
- Advanced MS Excel and Powerpoint skills
- Strong analytical and problem-solving skills
- Understanding of financial accounting and reporting
- Strong verbal and written communication skills
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BEHAVIOURAL SKILLS & PERSONAL ATTRIBUTES
- Able to work under significant time pressure and still deliver a reasoned outcome
- Results-oriented and conscientious, with a strong work ethic
- Achieves high levels of accuracy with all work produced and is detail oriented
- A collaborative team player who develops strong working relationships to maximise effectiveness
- Works independently is confident in managing various ad hoc projects concurrently
- Composed and clear in analysis and presentation to senior management.
NOTE: This role is based onsite at our Knightsbridge office. Please consider feasibility of daily commute before applying for this role. This role is a 12-month fixed-term contract, covering maternity leave.
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