Reference ID R182323 Updated 06/23/2025
Commercial and Retail
United Kingdom
Aberdeen
N/A
What’s The Role
You will be the team leader for a group of six economists that together form the UK Upstream Economics Team. This team is responsible for high-quality economics decision analysis for investment decisions, supporting annual business planning and reserves reporting exercises for all UK Upstream assets and projects. As the team lead, you will optimize development opportunities for its economists and ensure flexible and efficient economics support for stakeholders. The team reports to the Commercial Manager for the UK Upstream, and you will be a member of the Commercial Leadership Team.
In December 2024, Shell and Equinor announced an agreement to combine most of their UK offshore oil and gas assets and expertise to form a new company. The new company, based in Aberdeen, will be an Incorporated Joint Venture (IJV), owned equally by Shell and Equinor, and will operate independently. As the UK North Sea’s largest independent producer, the IJV’s profile and expectations are high from various stakeholders, including industry partners, regulators, and government.
This position is within Shell’s Aberdeen Upstream Organisation. On December 5th, 2024, Shell announced the formation of a new company with Equinor for North Sea Assets. Upon completion, the successful candidate’s employment will transfer to the new company under TUPE regulations, estimated to occur on December 1st, 2025. Further details will be shared during the recruitment process.
What You’ll Be Doing
Your main responsibilities as the UK Economics Team Lead include:
* Supporting UK Offshore assets and projects, focusing on maximizing value and providing decision analysis for growth and energy transition initiatives.
* Preparing for and managing the transition from Shell to the IJV from an economics perspective.
* Managing a team of economists, including project prioritization, staff development, recruitment, and succession planning.
* Providing economics assurance on evaluations.
* Mentoring less experienced team members.
* Driving continuous improvement and simplification of processes.
* Applying expertise in value chains, decision quality, economics modeling, fiscal systems, negotiations, risk & uncertainty, and investment analysis.
What You Bring
* Deep expertise in economics, analytical skills, opportunity framing, decision analysis, fiscal systems, risk & uncertainty, and model building.
* Strong leadership, engagement, and communication skills to connect with internal and external stakeholders.
* Resilience, decisiveness, pragmatism, and the ability to deliver under pressure.
* Capability to manage conflicting priorities using a risk-based approach.
* Credibility to build and maintain relationships within the organization and with external partners.
* Excellent communication skills to convey insights and influence senior leaders.
* Ability to adapt to change and promote continuous improvement.
* Upstream business experience is advantageous.
What We Offer
Join us to work on one of the most critical challenges facing our planet. We offer opportunities for growth, collaboration with talented colleagues, and a culture that values honesty, integrity, and respect. Benefits include:
* Progression in your personal and professional development.
* Growth of transferable skills.
* Work at the forefront of technology and trends.
* Collaboration with experienced colleagues.
* Flexible working hours and remote working options.
* Competitive salary with annual increases.
* Paid parental leave, including for non-birthing parents.
* Diverse and inclusive environment encouraging applications from all backgrounds.
* Diverse career development opportunities.
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