Oil & Gas Careers – Senior Petroleum Economist – Uganda National Oil Company Limited (UNOC)

Job Title:     Senior
Petroleum Economist

Organization: Uganda
National Oil Company Limited (UNOC)

Duty Station: Kampala,

Reports to: Commercial

About US:

The Uganda National
Oil Company Limited (UNOC) was established under Section 42 of the Petroleum
(Exploration, Development and Production) Act 2013 and incorporated under the
Company’s Act 2012. It is a limited liability company wholly owned by the
Government of Uganda. The overall function of UNOC is; “To handle the State’s
Commercial interests in the Oil and Gas industry.”

Job Summary:  The Senior Petroleum Economist will mainly
develop robust risk-based business and economic evaluations for existing
Upstream activities and New Ventures to support and assist strategic decisions

Key Duties and Responsibilities: 

  • Undertake economic & financial modelling of existing Upstream
    licenses and New Ventures, as well as undertake sensitivity analysis to
    fully understand and implement value drivers that could significantly
    enhance project returns.
  • Perform economic evaluations to assess project feasibility, carry
    out project risk analyses, identify business drivers and facilitate
    investment decision-making processes.
  • Assist management in the formulation of position papers, strategic
    business development; including long and medium-term planning economics
    and analysis.
  • Ensure effective and robust analysis with regards to due diligence
    of potential joint venture partners.
  • Co-ordinate formal assumption reviews and sign-offs, as well as
    compile and update assumption documents.
  • To keep abreast of developments on economic evaluation, taxation and
    fiscal terms, cost structures, crude oil and petroleum product prices,
    hydrocarbon availability, as well as key global trends in the energy
  • Perform any other duties as may be assigned from time to time.

Qualifications, Skills and Experience: 

  • The applicant for the Uganda National Oil Company Limited (UNOC)
    Senior Petroleum Economist job placement must hold an Honours Bachelor’s
    degree in Engineering, Economics, Finance, Energy, Petroleum Geosciences
    or any relevant degree.
  • A Master’s Degree in Engineering, Economics, Energy, Petroleum
    Geosciences, or Business Administration would be an added advantage.
  • At least six years of relevant work experience with extensive
    investment analysis expertise.
  • Knowledge and experience working with economic models in the oil and
    gas sector would be an advantage.
  • Be commercially astute and possess sound negotiation and leadership
  • Proficiency with MS Office required, including excellent MS Excel
  • A self-starter with strong technical, interpersonal, communication
    and organizational skills.
  • Have excellent communication and interpersonal skills and a high
    level of discretion and personal integrity.
  • Ability to work under pressure and to work as part of a team.

How to Apply:

All suitably
qualified and interested candidates are encouraged to send a completed and
signed applications form, download
, together with certified copies of academic certificates addressed
and submitted in TRIPLICATE to the address below. The applications should be
delivered through registered mail and courier will also be received.
Applications must include a cover letter, application form and supporting

Address to:

Chief Executive

Uganda National Oil
Company Ltd,

Plot 15, Yusuf Lule

P.O. Box 36316,
Kampala, Uganda.

Deadline: 12th July 2019 by 5:00pm

For more of the
latest jobs, please visit https://www.theugandanjobline.com or
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