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

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Organization: Uganda National Oil Company Limited (UNOC)

Duty Station: Kampala, Uganda

Reports to: Commercial Manager

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 sector;
  • 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 skills.
  • Proficiency with MS Office required, including excellent MS Excel knowledge.
  • 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 here, 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 documents.

Address to:

Chief Executive Officer,

Uganda National Oil Company Ltd,

Plot 15, Yusuf Lule Road,

P.O. Box 36316, Kampala, Uganda.

Deadline: 12th July 2019 by 5:00pm


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