Petroleum Economics Analyst Job Vacancy in Gombe, Nigeria – Oil & Gas – Upstream

Job Description

Position: Petroleum Economics Analyst

Company: TotalEnergies Nigeria

Location: Gombe, Nigeria

Experience: 3-5 years

Education: Bachelor’s degree in Economics, Petroleum Engineering, or related field

Employment Type: Full-time

Industry: Oil & Gas – Upstream

Department: Commercial & Business Development

Salary: NGN 2,500,000 – NGN 3,500,000 per annum

Vacancies:1

Company Overview

TotalEnergies Nigeria is a leading integrated energy company operating across the entire oil and gas value chain. With a strong commitment to sustainable development, the company invests in exploration, production, and innovative downstream solutions while supporting local communities through education, health, and environmental initiatives. As part of a global network, TotalEnergies brings world‑class expertise to Nigeria, creating career opportunities that align with the nation’s economic growth and the global transition to cleaner energy. This role offers a unique chance to contribute to Nigeria Jobs and be part of a forward‑thinking organization that values talent, safety, and corporate responsibility.

Job Overview

The Petroleum Economics Analyst will support TotalEnergies Nigeria’s upstream portfolio by providing rigorous economic analysis, forecasting, and strategic insights that drive investment decisions and operational efficiency. Working closely with the Commercial & Business Development team, the analyst will evaluate project economics, market trends, and regulatory impacts to ensure profitable and sustainable operations. This position plays a critical role in shaping the company’s growth strategy and enhancing its competitive edge in the Nigerian oil and gas sector. For more information about our career portal, visit https://nigeriajobsearch.com/.

Key Responsibilities

• Conduct detailed cash‑flow modeling, NPV, IRR, and sensitivity analyses for new and existing upstream projects.
• Prepare economic feasibility studies, cost‑benefit assessments, and scenario planning to support capital allocation.
• Monitor global oil price dynamics, fiscal regimes, and local regulatory changes affecting project economics.
• Collaborate with geoscientists, engineers, and finance teams to integrate technical data into economic models.
• Develop and maintain a database of key economic indicators, benchmark data, and industry best practices.
• Present findings and recommendations to senior management, investors, and external stakeholders.
• Support the preparation of internal reports, board presentations, and external disclosures related to project economics.

Required Skills

• Advanced proficiency in Excel, VBA, and economic modeling software (e.g., @Risk, PHD).
• Strong analytical mindset with the ability to interpret complex data sets and market trends.
• Excellent written and verbal communication skills for clear reporting and stakeholder engagement.
• Knowledge of Nigerian oil and gas fiscal policies, royalty structures, and licensing frameworks.
• Ability to work collaboratively in multidisciplinary teams and manage multiple priorities.
• Attention to detail and a commitment to delivering high‑quality, accurate analyses.

Education

A minimum of a bachelor’s degree in Economics, Petroleum Engineering, Finance, or a related discipline is required. Professional certifications such as CFA, CPA, or PMP are advantageous but not mandatory.

Experience

Applicants should have 3 to 5 years of relevant experience in petroleum economics, financial analysis, or upstream project evaluation, preferably within an integrated oil company or consultancy serving the Nigerian market.

Salary

The compensation package ranges from NGN 2,500,000 to NGN 3,500,000 per annum, commensurate with experience and qualifications. The package includes performance‑based bonuses and other statutory benefits.

Benefits

• Comprehensive health insurance covering employee and dependents.
• Retirement savings plan with company matching contributions.
• Annual leave, sick leave, and public holidays in line with Nigerian labor law.
• Professional development allowance for certifications and conferences.
• Employee assistance program and wellness initiatives.

Training

• On‑boarding program covering TotalEnergies’ corporate culture, safety standards, and business processes.
• Continuous technical training in economic modeling, market analysis, and regulatory updates.
• Leadership development tracks for high‑potential analysts.

Working Environment

The role is based in Gombe, offering a modern office environment equipped with state‑of‑the‑art technology and collaborative workspaces. Employees benefit from a safety‑first culture, flexible working arrangements, and a supportive team that encourages innovation and knowledge sharing.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their relevant experience through the online portal. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for an initial interview followed by technical assessments.

Equal Opportunity Statement

TotalEnergies Nigeria is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, race, religion, or background. Our hiring practices support the principles of fairness and transparency, ensuring that every applicant receives equal consideration for employment in Nigeria.