Company Overview
Welcome to CNOOC International. We are a global energy company and subsidiary of CNOOC Limited with a vision of delivering safe, sustainable energy for all.
CNOOC International, the international division of CNOOC Limited, is a global energy company with operations in Asia, Africa, the Americas, the Middle East and Europe. Our successful growth as an upstream oil and gas producer has been achieved by consistently finding and developing world-class assets.
Our business is focused on safely exploring and producing from conventional offshore, unconventional and oil sands assets. As part of the CNOOC Group of companies, which span the entire energy supply chain, our size and capability create a competitive advantage that ensures we deliver long-term value.
In Canada, CNOOC International has oil sands assets in Long Lake, located in northern Alberta just south of Fort McMurray, which is a SAGD and partial Upgrader operation with production capacity of 85,000 barrels of bitumen a day. We also have interest in several other oil sands projects, including Hangingstone, operated by Greenfire Resources Operating Corporation and Syncrude’s oil sands mining upgrading facility. In addition to our oil sands business, we have shale gas land in Northeast British Columbia, a power station in Balzac, Alberta, and interest in a wind farm in southern Alberta. Calgary is our regional corporate office for all North America.
CNOOC and You
Your career at CNOOC is about moving forward – learning new skills, broadening experiences, and making meaningful contributions. From personal career development that enables you to fulfill your potential, to employee programs that help you make the most of work life balance.
We encourage and promote work-life balance by allowing you to participate in our Compressed Work Schedule (CWS) that will give you two Fridays off per month and flexible work hours.
In exchange for your dedicated work is a total rewards package that not only recognizes your contribution, but also provides for your family. We offer competitive Company-paid benefits that support your mental, physical and financial well-being! Including an annual Wellness Account, a generous paramedical allowance, and access to a team of Virtual Health Care professionals to guide you to the right medical resource. Save for your future by participating in our Pension plan and join our Savings Plan with Company-matching. We encourage you to further step up for your community by giving you two paid volunteer days, volunteer rewards and sports grants to support causes you are passionate about.
Bold ideas, diverse perspectives, and the determination to fuel our success are what set us apart. Therefore, we are seeking a Business Analyst - Planning & Economics to join our growing team in Calgary, Alberta.
This dynamic role will be instrumental in joining our North American Planning & Economics team — a high-performing group that sits at the intersection of financial strategy and operational decision-making. In this high-visibility position, you will have direct exposure to Long Lake and North American Leadership, offering meaningful influence over how CPNA’s assets are managed and how value is created.
Your Background
- Bachelor’s degree in Finance, Economics, or Engineering.
- Professional designation is an asset (CPA, CFA, or P.Eng.).
- 2–5 years of relevant experience in the energy industry, ideally in planning, economics, or finance.
- Familiarity with in-situ oil sands operations and project economics; deeper knowledge is an advantage.
- Advanced proficiency in Excel, including financial modelling and scenario analysis.
- Proficient in PowerPoint; able to build clear, executive-ready presentations.
- Experience with economic evaluation tools or reserve software is an asset.
- Strong financial modelling and analytical skills with high attention to detail and accuracy.
- Clear, confident, and concise written and verbal communication skills.
- Ability to manage competing priorities and deliver under tight deadlines in a fast-paced environment.
- Collaborative team player who also works effectively with independence.
Your Role with Our Team
The Planning & Economics team is the analytical engine behind CPNA’s strategic decisions. Our core responsibilities include:
- Conducting economic evaluations of greenfield and brownfield oil sands and US shale developments.
- Coordinating annual planning processes, including reserve evaluations, Work Program &; Budget (WP&B), and the long-range Strategic Plan.
- Assessing new investment opportunities and strategic alternatives across North American assets.
- Leading CPNA’s internal reporting requirements, namely the Monthly Management Financial Package (MMR) and the North American capital management process and associated budget approvals.
Planning - Strategic Plan, Work Program & Budget
- Support the coordination and preparation of the CPNA Strategic Plan to forecast long-term financial performance.
- Support the compilation of the annual Work Program & Budget and communicate associated outcomes to stakeholders.
- Support the Project Lifecycle Management process, including monthly, quarterly, and annual KPI reporting.
- Analyze and support external and internal benchmarking studies to define KPIs, action plans, and milestones toward Best-in-Class performance.
- Prepare ad hoc reports and presentation materials for CPNA leadership, asset managers, and functional support groups.
Economic Analysis
- Lead and support the preparation of Field Development Plan (FDP) and Final Investment Decision (FID) economic assessments for brownfield and greenfield oil sands developments, including pro-forma financial statements.
- Support the coordination, preparation, and analysis of quarterly and annual reserve economic evaluations for CPNA’s assets.
- Conduct asset valuations and communicate findings to inform investment and divestiture decisions.
- Measure and benchmark project economics and complete project lookback analyses
- Support the evaluation of technology alternatives for oil sands developments (e.g., solvent-based recovery, and other various SAGD optimizations).
- Complete environmental (CO₂, water, land) financial analysis and assess economic impact on project portfolios.
- Identify process efficiencies and develop improved analytical approaches as the business evolves.
In your first 6-12 months, a strong performer in this role will:
- Independently prepare economic models supporting FDP/FID decisions with minimal revision required.
- Contribute meaningfully to the annual WP&B and Strategic Plan cycles.
- Build trusted relationships with asset managers and functional teams through reliable, accurate analysis.
- Proactively identify improvements to existing work processes or tools.
Your Career Development
The opportunities are limitless when you join our team. Our employees are encouraged to drive their development, enhancing their career through experiences, exposure, and education. A mentoring program, on-demand e-Learning courses, and formal training opportunities are all ways in which CNOOC International supports your career growth.
Closing Statement
All positions require background checks which could include:
- Criminal police record check
- Education verification
- Credential verification
Job Reference: CAN02741
