Principal Reservoir Engineer Business Development

Houston, Texas
21 Mar 2019
04 Apr 2019
Oil and Gas
Contract Type
Full Time
Job Description

We're Equinor, an international energy company with a proud history. Formerly Statoil, we are 20,000 committed colleagues developing oil, gas, wind and solar energy in more than 30 countries worldwide. We're the largest operator in Norway, among the world's largest offshore operators, and a growing force in renewables. Driven by our Nordic urge to explore beyond the horizon, and our dedication to safety, equality and sustainability, we're building a global business on our values and the energy needs of the future.

The Global Strategy and Business Development (GSB) business area aims to bring together corporate strategy, business development and merger and acquisition (M&A) activities to actively drive the corporate development of Equinor. GSB will set strong strategic direction and identify, develop and deliver opportunities for global growth for Equinor. This will be achieved through close collaboration across geography and business areas.

Valuation (VAL) is a unit within the GSB Project Support and Execution (PSE) cluster. VAL provides resources to undertake project management and the valuation linked to all business development projects within Statoil. The GSB PSE organization primarily provides resources for the leadership and execution of Business Development (BD) projects post DGA, but also provides support to BD origination. BD projects are usually in the GSB, EXP or NES line, and involve acquisitions and divestments of assets associated with DPx, EXP, MMP and NES. In addition, PSE provide support to the GSB hosted corporate functions Corporate Sustainability Unit (CSU) and Strategy (CSA), as well as communication.

VAL is a pool of project leaders, valuation/technical/commercial leads and technical specialists (subsurface, facility and cost). The main responsibility is valuation of divestment/acquisition/license round. VAL consists of approx. 50 people and is organized in four resource pools located in Stavanger, Oslo, London and Houston. The VAL team is a mix of very experienced and younger people, who are highly skilled, engaged and want the best for Statoil. Integrity and objectivity are important and are prerequisites in delivering unbiased valuations.

VAL Houston is a pool of 6 technical professionsals that primarily support North American Exploration, GSB and DPI for new access, screening, and commercial transactions.

Job Description

Perform as leader or as technical professional on projects for Exploration New Access and commercial transactions, GSB (including Global Unconventials) acquisition and divestment projects

Provide reservoir engineering technical expertise and contribute to an unbiased valuation of business development opportunities

Collaborate with other disciplines securing high quality business cases

Prepare and present work in internal Quality Control (QC) arenas

Internal and external stakeholder engagement

Be able to take lead or coordinator role in project delivery

Travel, both domestic and international must be expected


Relevant degree within technical discipline

Experience in onshore unconventional required

Strong reservoir engineering skills including skills on most common reservoir engineering softwares

Experience from early phase projects and fields in operation is an advantage

Understanding of uncertainty analysis

Ability to identify and focus on the main value drivers

Comfortable with taking lead roles

7-10 years of relevant experience preferred.

Personal Qualities

Possess personal drive and engagement to empower yourself and your colleagues

Ability to work in a complex, fast paced Business Development environment and to deliver high quality results under pressure

Ambition to take on lead roles in projects, coordinating input from many different contributors

Well organised and able to drive results through professional integrity. Identify/suggest actions but also accept guidance

An eye for details as well as the bigger picture

Ability to appreciate and communicate key issues clearly and rapidly, both written and oral

Strong interpersonal skills and the ability to contribute to a positive and including team spirit

Commercial mindset and curiosity to understand disciplines outside of own core expertise

High level of personal integrity and ethical awareness

Ability to live by our safety and security expectations.

We Offer

Equinor offers a competitive salary and a comprehensive benefit package. Equinor is an equal opportunity employer.

General Information

Make sure that we are able to give your application consideration: Please attach copies of your diplomas, certificates and grades in English. Applications submitted without such attachments will unfortunately not be evaluated. If you are in the process of completing a degree, please upload an official temporary transcript or other document describing subjects and grades completed to this point.

Our values are to be courageous, open, collaborative and caring. We believe in these qualities, which are essential for building an even stronger Equinor. If you can identify with them, you could be the one to strengthen our team. Candidates are expected to openly offer all relevant information about themselves during the recruitment process.

All permanent and temporary hires will be screened against relevant sanctions lists to ensure compliance with sanctions law and increase security.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.

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