UnRisk 7

Schlumberger Business Consulting Jobs

 

Schlumberger Business Consulting (“SBC”) is a leading global management consultancy focused solely on the energy sector. It is part of Schlumberger, the world’s largest oil and gas field services company.

 

SBC is actively recruiting from business schools (its headcount is growing at around 15% per year).
 
Permanent roles
 
SBC’s recruitment process is similar to that of the general management consultancies; hence there is a strong focus on case analysis.
 
The interview process is generally in two stages:
  • The first round comprises an HR interview and two case studies.
  • The final round will comprise two or more interviews with senior managers and partners to assess “fit” and a case study.
There are no specific deadlines for applying – interested candidates can apply throughout the year on the company website.
 
Internships
 
SBC does not have any structured internship programme in place. Most internships are offered on an ad-hoc basis. Candidates interested in doing an internship at SBC are encouraged to apply, and the company would review these applications on a case-by-case basis to assess if they have any available opportunities.  
 
Please see more here.
 
 

Rigzone: Oil & Gas Job Fairs

Enjoy the Wild Wall Street Roller Coaster Ride!

 

Some of my students asked me what I thought about all the chaos in the financial and energy markets during the past week. The first thought that popped into my head was the song Roller Coaster by the  Ohio Players.  But then I had to remind myself that my role as the professor is to appear academic when answering my students' questions.  LOL! 

 

So I pontificated for a bit and then reminded them of following:

  • The importance of the news tips they submit each week for our energy trading class is to get them in the habit of analyzing risk and understanding the geopolitics impacting the energy and financial markets.
  • The quantitative models and trading tools we use are rules of thumb - guestimates.  They are not to be used in a vacuum.
  • These models and tools don't mean crap if they are unaware of what is going on in the real world.  

 

Graphics courtesy of PGM Capital.

How I Felt After Grading ~60 Midterm Exams!

   

 

HBS/MIT Energy Symposium

 

This year’s HBS/MIT energy symposium will feature executives (including over 20 CEOs and 15 partners from top PE/VC firms) from leading energy organizations (many of whom will be recruiting) including: 

  • Chevron
  • ExxonMobil
  • ConocoPhillips
  • Saudi Aramco
  • Shell
  • General Electric
  • NextEra Energy
  • Sierra Club
  • Rocky Mountain Institute
  • Department of Energy
  • Cameron
  • NOV
  • Emerson
  • FedEx
  • Bain Capital
  • NGP Energy Technology Partners
  • Riverstone
  • Natural Gas Partners
  • HG Capital
  • SCF Partners
  • Kleiner Perkins Caufield & Byers
  • Energy Ventures
  • RockPort Capital
  • Braemar Energy Ventures
  • CSL Capital Management
  • Imaginea Energy
  • FTS International
  • PIRA Energy
  • Enduring Resources
  • Massachusetts Clean Energy Center
  • Spinnaker
  • Universal Well Services
  • Elevance Renewable Sciences
  • Lanzatech
  • Planetary Power
  • First Green Partners
  • Boston Consulting Group
  • Bain & Company
  • Equitable Origins
  • E3

Please read more here

Bloomberg: Russia Discovers Vast Oilfield - Larger Than Gulf of Mexico

Russia's Rosneft Says Exxon Arctic Well Strikes Oil

By Ilya Arkhipov, Stephen Bierman and Ryan Chilcote

Russia, viewed by the Obama administration as hostile to U.S. interests, has discovered what may prove to be a vast pool of oil in one of the world’s most remote places with the help of America’s largest energy company.

Russia’s state-run OAO Rosneft (ROSN) said a well drilled in the Kara Sea region of the Arctic Ocean with Exxon Mobil Corp. (XOM) struck oil, showing the region has the potential to become one of the world’s most important crude-producing areas.

The announcement was made by Igor Sechin, Rosneft’s chief executive officer, who spent two days sailing on a Russian research ship to the drilling rig where the find was unveiled today. The well found about 1 billion barrels of oil and similar geology nearby means the surrounding area may hold more than the U.S. part of the Gulf or Mexico, he said.

“It exceeded our expectations,” Sechin said in an interview. This discovery is of “exceptional significance in showing the presence of hydrocarbons in the Arctic.”

Please read more here.

OIL: The Real Reason Britain's Freaking Out About Scottish Independence?

 

by WASHINGTON'S BLOG

David Cameron and the British media have been freaking out about the potential Scottish independence.

They’ve blathered on about “history”, “common defense” and other red herrings.

But it’s really all about oil …

 

Specifically, if Scotland becomes independent, it gets to keep 90% of the revenues from its huge oil reserves.

The New York Times reports:

Scottish nationalists have long argued that being governed from London has deprived their country of its fair share of the wealth from Britain’s oil and natural gas fields, which mostly lie in North Sea waters off their shores.

“It’s Scotland’s oil” was the rallying cry in the 1970s that helped raise the profile of the Scottish Nationalist Party, which now leads the country and is pushing for a vote to secede in the referendum on Thursday. Alex Salmond, the politician leading the separatist movement, has pointed to North Sea energy as the treasure that would help finance an independent Scotland — ensuring that the country could continue the generous public spending, including free university tuition, that he is promising voters.

Al Jazeera notes:

Massive oil reserves in the North Sea are at the heart of the Scottish independence debate. Many are questioning whether the reserves are just for Scotland or if the rest of the United Kingodm should continue to benefit from their profits.

NBC writes:

The ‘Yes’ campaign … says Scots should have total control of their own affairs and that revenue from Scotland’s offshore oil fields would sustain the country’s economy

 

Please read more here and here.

Shell: Spotlight on Women in the Energy Industry


Webinar Date: September 18th 
Webinar Time: Houston: 07:00 UDT (UTC-5) 
London: 13.00 BST (UTC+1); 
Kuala Lumpur: 20:00 MYT (UTC+8); 

 

Duration: 60 minutes 

 

Presenters: 



Bertie Taylor 

Vice President of Content 
Rigzone 
Webinar Moderator 

Please click here to view Bertie's Bio
  Samantha Harris 

Venture Manager - Europe/Russia/CIS 
Shell 
Webinar Speaker 

Please click here to view Samantha's Bio
Ruth Leach 

General Manager - Retail Engineering 
Shell 
Webinar Speaker 

Please click here to view Ruth's Bio
  Alissa Cotton 

CO2 Implementation Analyst 
Shell 
Webinar Speaker 

Please click here to view Alissa's Bio

 

Please learn more here.

European Oil & Gas Company Looking for Finance Director

 

A global business that provides services to the Oil and Gas sector is assisting with the recruitment of a Finance Director who would be responsible for the management of the finance function, for a key business segment within the organization. 

Education & Experience 

• Degree in finance / accounting with an MBA (desirable) 
• Extensive experience in managing a finance function with exposure to project cost control in an international environment. 
• Oil and Gas sector experience. 
• Experience in an accounting consultancy firm is desirable. 

Please read more here.

Price of "Black Gold" (Oil) Set to Soar?

by Chad Shoop

...the U.S. Energy Information Administration (EIA) believes the risk of oil is to the upside. They have a low-range price of oil at $75 by 2040. Its high range … is $237 per barrel. Considering the price of oil was $110 when they made these determinations, this range represents a 30% swing to the downside or a 110% curve to the upside...

Please read more here.

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