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Posted 6 days ago

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Asset Optimization Engineer

HoustonRemoteFull-time

AI Summary

Supports internal natural gas demand predictions and translates them into pricing strategies, leveraging knowledge of gas composition, pipeline logistics, and market dynamics to optimize assets and execute trading positions.

About this role

Entity:

Supply, Trading & Shipping


Job Family Group:

Supply & Trading Group


Job Description:

Employer: BP America Inc.

Job Title: Asset Optimization Engineer

Location: 201 Helios Way, Houston, TX 77079 (May work from home on a hybrid schedule within 50 miles of Houston, TX)

Duties: Support internal predictions for natural gas demand and translate those predictions into pricing strategies. Leverage knowledge of energy production and operations including the chemical make-up of natural gas, heat content, nitrogen, oxygen and carbon and determine how the chemical make-up affects natural gas transportation in the pipeline to optimize processes and logistics. Monitor the necessary volumes and surpluses in the region and perform market analysis to identify fluctuations of costs of natural gas. Facilitate optimization of existing and new assets in the portfolio by providing expertise in pipeline optimization engineering. Work closely with the rest of the bench origination, market analytics and other teams to build-out, and execute on, the Mexico Team and South Texas gas asset strategy. Facilitate cross-border communication and relationship management with stakeholders in the South Texas and Mexico Regions. May work from home on a hybrid schedule within 50 miles of Houston, TX. 5% domestic and international travel required.

Minimum Requirements: Bachelor’s degree or foreign equivalent in Chemical Engineering, Petroleum Engineering, Finance, Economics, Actuarial Science, or a closely related field plus four (4) years of experience utilizing the following: In-depth knowledge of and analyzing pricing mechanisms, supply and demand dynamics, and regional market behaviors in both the U.S. and Mexico. Experience to include two (2) years with natural gas infrastructure, including pipelines, storage facilities, LNG terminals, power plants, hubs, and their interconnectivity to optimize asset positions, forecast demand, and evaluate market access; utilizing Energy Trading and Risk Management (ETRM) tools to manage positions, transactions, logistics, and risk exposure; utilizing the ICE Exchange platform for executing trades and monitoring market activity; familiarity with financial and physical natural gas products, including the ability to buy, sell, hedge, and manage trading positions; and applying historical context of business environment for Mexico based counterparties to grow and maintain customer footprint in Mexico.


Travel Requirement

Negligible travel should be expected with this role


Relocation Assistance:

This role is not eligible for relocation


Remote Type:

This position is a hybrid of office/remote working


Skills:

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Legal Disclaimer:

We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics like race, religion, color, sex, national origin, sexual orientation, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.

Skills

Asset Position OptimizationChemical Composition AnalysisCross-border Stakeholder ManagementEnergy Trading And Risk Management (ETRM)Financial Natural Gas ProductsHeat Content AnalysisHedgingICE ExchangeLNG TerminalsMarket AnalysisMexico Market AnalysisNatural Gas PricingPhysical Natural Gas ProductsPipeline OptimizationSouth Texas Market AnalysisStorage FacilitiesSupply And Demand Analysis

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