Asset Planning, Economics & Performance Analysis Lead at Hobark International Limited (HIL)

Hobark International Limited (HIL) is the parent company of the Hobark group operating in the oil and gas industry. The company was incorporated in 1998, starting as a staffing agency based in Port Harcourt. Currently, we have offices in 4 countries with our head office in Lagos.

We are recruiting to fill the position below:

Job Title: Asset Planning, Economics & Performance Analysis Lead

Location: Port Harcourt, Rivers
Job Type: Permanent / Full time

Job Description

• Develop and maintain comprehensive asset plans, including long-term production forecasts, capital expenditures planning, and resource allocation to ensure optimal asset performance and alignment with business goals.
• Conduct economic evaluations of development projects, including NPV, IRR, and sensitivity analysis.
• Coordinate financial modelling process to assess the viability and profitability of new and existing assets, including field development plans, and cost optimization initiatives.

Requirements

• Bachelor’s Degree in Petroleum Engineering, Economics, Finance or a related field.
• Master’s Degree or professional certification e.g., SPE, PMP, CFA, etc. is an advantage.
• Minimum of 10 (ten) years quality experience in asset management, economic analysis, or performance evaluation within an upstream oil and gas company.
• Strong knowledge of economic modelling, financial analysis, and investment appraisal techniques specific to the oil & gas sector.
• Strong financial acumen with experience in capital budgeting, cost analysis, and investment appraisal.
• Understanding of reservoir engineering, production operations, and oil and gas industry dynamics, including knowledge of reserves reporting standards.
• Proven experience in developing and implementing long-term asset plans that optimize production and maximize value.
• Excellent analytical skills with the ability to interpret complex data, identify trends, and provide strategic recommendations.
• Expertise in identifying, assessing, and mitigating financial and operational risks associated with asset development and management.
• Ability to adapt to changing market conditions, and corporate strategies, responding effectively to new challenges and opportunities.

Application Closing Date
Not Specified.