Principal Energy Economist Consultant

• Jun 2020 - Present

Launched RAES Energy to support clients as the Principal Energy Economist team member. Value acquisition opportunities, offering independent valuations for financing purposes and defence documents. Support upstream companies on investment programmes and screening opportunities for business development in addition to leading data room valuations. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ IMPACTS & ACHIEVEMENTS ► Secure a year contract as Delivery Economics Analyst in CEPSA, with the possibility for extension. Supporting preparation of commercial negotiating strategies ► Special assignment on Green and Blue Hydrogen prices across Australia. DCF and LCOH tools ► Migrate Excel economic-financial models to Python using Pandas, NumPy, Matplotlib.pyplot, and Scipy - among other libraries - for a comprehensive Oil & Gas suite solution to asset simulation challenges. ►Calculating GHG emission in reserves reporting for Oil & Gas upstream assets, ESG compliance KPI. GHG Protocol standards. ► Conduct financial modelling for a mutil-billion-dollar SPV using CFADS for sizing debt, BB – LLCR, BB – FLCR, BB – DSCR. Mix of equity, senior debt, and junior debt. ► Deliver a bespoke techno-economic model for a PSA/PSC asset with a dashboard for decision-making. [ confidential client - production 250,000 boe/d ] ► Extensive experience in reserves reporting for UKCS, UK onshore and worldwide assets. CONSULTING SPECIALIZATIONS ► Upstream strategic advisory and regulatory framework support ► Gas / LNG value chain commercial evaluation and monetization ► Business development - commercial services ► Regulatory framework for underground gas (methane and hydrogen) storage projects in the UK. ► Seminars, workshops, and training for junior energy economists ► Risk, uncertainty and decision analysis, portfolio analysis, reserves consolidation and prospect evaluations ► Oil & Gas field and company valuations for financing, stock exchange listings, acquisitions, and defence documents Show less

Principal Oil & Gas Analyst

• Mar 2021 - Aug 2021

Recruited as an energy economics subject matter expert (SME) to help companies track carbon emissions in their supply chains. Using GHG protocol for carbon accounting, carbon measurement techniques and calculation methods for Scopes 1, 2 and 3 ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ IMPACTS & ACHIEVEMENTS ► Reported LCA W-t-W| W-t-T| W-t-P, scope 1, 2, and 3 using LCA [Oil & Gas] software, applications, and tools. Measurement, reporting, and verification (MRV) Framework Development. ► Assessed carbon footprint in reserves reporting and generated forecast energy commodity price decks for clients. ► Built databases for carbon Intensity factors in the Oil & Gas industry by creating a world map using data mining, cleaning data, and early tool development in Power BI. MRV Tools & Templates. ► Evaluated Oil & Gas supply chain trading through end products, including crude oil, LNG, naphtha (petrochemical), bunker, methanol, Gasoil [diesel], and ethylene. ► Researched other sectors such as mining, recycling mineral (rare mineral), and agricultural supply chain. ► Business development ► Analysed energy source mix and internal combustion for stationary equipment. Show less

Senior Petroleum Economist

• May 2019 - Jun 2020

Recruited from RPS Energy to build economic models in royalty, tax concessions, and production sharing contracts for 40+ countries across Asia, Africa, the UK, Europe, and Canada. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ IMPACTS & ACHIEVEMENTS ► Developed additional models for single and multiple country tax consolidations, loan / financing, and fully-risked probabilistic valuation. ► Led studies through the full life cycle of upstream exploration, development, and production. Recruited from RPS Energy to build economic models in royalty, tax concessions, and production sharing contracts for 40+ countries across Asia, Africa, the UK, Europe, and Canada. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ IMPACTS & ACHIEVEMENTS ► Developed additional models for single and multiple country tax consolidations, loan / financing, and fully-risked probabilistic valuation. ► Led studies through the full life cycle of upstream exploration, development, and production.

Petroleum Economist

• Aug 2012 - May 2019

Recruited from Whittaker Engineering, Ltd. to lead market and competitor assessment, independent evaluations for financing purposes, and assist governments in their investment programmes and screening opportunities for business development. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ IMPACTS & ACHIEVEMENTS ► Produced client proposals, created marketing materials, and organised attendance at key industry conferences. ► Championed and coordinated a $600K Ecuador-based project with a 300k/d refinery cost. ► Advised the West African Minister of Mines, Industry & Energy on a suite of upstream and downstream CNG and LNG projects valued between €15M and €35M. ► Built country databases for producing fields, including the daily rate of production, use of gas (injection, flare, fuel), lifting statements, reconciliation with contract terms, and integration of economic models to align with annual budgets. ► Generated modelling contracts for fields in production to report reserves based on PRMS classification. ► Updated economics models in tax and royalty concessions in UKCS, Thailand, Denmark, Mexico, Nigeria, Tunisia, Australia, and Poland, among others. ► Guided PSC / PSAs in Tanzania, Cote d'Ivoire, Indonesia, Equatoria Guinea, and Gabon for producing and prospective Oil & Gas fields. ► Assessed modelling contract terms to run economics for PSCs, including royalty and/or profit sharing in daily production (tranches or direct), accumulative production (direct), fixed / flat rate, DMO, and R- Factor while consolidating offshore ring-fence taxes. ► Leveraged expertise in using ENPVs and EMVs for independent and dependent prospects to display resource information. ► Applied a probabilistic approach to generate 1C, 2C, and 3C by using @Risk and Crystal Ball (Microsoft Excel add-ins). ► Created countless economic models using Palantir, Merak, and Value Navigator applications. Show less

Assistant Business Manager

• Sep 2010 - Aug 2012

Recruited due to combined experience as an Assistant Professor role at the University of Zulia School of Petroleum Engineering and Finance Manager with Angelini COnstruction to set up an office in Mexico, providing support between Mexico and UK branches. Managed all aspects of the Finance department, contractors, and export / import documentation while liaising with exterior agencies, due diligence, organisational design, transformation agenda, and implementation planning teams. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ IMPACTS & ACHIEVEMENTS ► Streamlined business and financial procedures by consolidating financial statements in line with company policy. ► Obtained certification as an internal auditor as well as approval of Quality Management System Standard ISO 9001: 2008 through Lloyd’s Register. ► Selected as the company's appointed legal representative for the Mexico branch, interfacing with senior lawyers to resolve complex and sensitive environmental regulatory issues. Show less

Lecturer, Assistant Professor & Advisor - School of Petroleum Engineering

• Sep 2001 - Aug 2009

Created diverse lesson plans for lectures on Economic Engineering (cash flow, NPV, IRR & financial planning), Production Administration (market research, PERT-CPM & inventory), and Hydrocarbon Economics and Management. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ IMPACTS & ACHIEVEMENTS ► Lectured on well investment, investment associate to wells, and first cycle of injection phases. ► Taught courses on straight-line and production unit depreciation. ► Demonstrated to students the core aspects of petroleum fiscal systems, royalties, corporate tax, and supplementary charge tax, cash flow, and economics yardsticks. Show less

Finance Manager | Business & Financial Consultant

• Jan 2008 - Jul 2009

Selected to join a leading Italian consortium in identifying new business developments. Attended stockholder meetings and prepared financial reports, including financial analysis of new business ventures and core business expansion plans. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ IMPACTS & ACHIEVEMENTS ► Produced financial reports for 5 construction projects (all residential towers of up to 80 flats). ► Monitored financial performance of the business and managed cash flow using SAINT Software®. ► Prepared and analysed monthly financial reports and statistics. ► Managed CAPEX to purchase land for developing new construction projects and purchasing machinery, including a concrete mixer truck and all construction materials. ► Monitored OPEX, such as salaries, administrative expenditures, and interest rates. ► Coordinated negotiations with main trade suppliers worldwide. Show less

Treasury Analyst - Consortium ABPP

• Jan 2007 - Jan 2008

Credit & Collection Analyst

• Apr 2005 - Feb 2006

Recruited from an internship with PDVSA to build a complex customer credit database for ethylene oxide (EO), monoethylene glycol (MEG), diethylene glycol (DEG), and triethylene glycol (TEG). ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ IMPACTS & ACHIEVEMENTS ► Analysed economics for expansion of TEG and DEG projects by changing plant design (complex spreadsheet in Excel / SPSS). ► Assessed feasibility of reciprocating compressors for an Ethylene Recovery project, conducting analysis of EO, MEG, and DEG markets using contracted price and ICILOR price. ► Evaluated plant insurance, third party liability (TPL), and cargo while preparing confidential reports. ► Managed local clients and international trader payments for Latin America and the USA. ► Allocated appropriate LIBOR rate for international loans and reconciled information with stockholders. Show less

Finance Intern

• Sep 2000 - Jan 2001

Evaluated investment budget processes in PDVSA using best practices methodologies, leading to the company-wide implementation of a Reengineering Investment Budget process. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ IMPACTS & ACHIEVEMENTS ► Researched information on investment process performance during my visits to PDVSA’s different Finance Department subsidiaries. ► Conceptualized investment process migration to SAP software. ► Allocated an investment portfolio budget of varying projects through an economic yardstick. Show less