Economist
CompanyIthaca Energy
Location
Aberdeen, Scotland, United Kingdom
Employment TypeFull-time
Posted At3/24/2026
UK Visa Sponsorship Analytics
Occupation Type
Actuaries, economists and statisticians
Occupation Code Skill LevelHigher Skilled
Sponsorship Salary Threshold
£55,100
(£28.26 per hour)
Occupation rate applies
Above analytics are generated algorithmically based on job titles and may not always be the same as the company's job classification. You can also check detailed occupation eligibility, and salary criteria on our UK Visa Eligible Occupations & Salary Thresholds page.
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Description
About Us
Ithaca Energy is a leading full cycle exploration and production company headquartered in Aberdeen, Scotland. The business has built a diverse and high value portfolio of operated and non-operated assets across the Northern & Central North Sea and West of Shetland.
We are a dynamic and ambitious business on a rapid growth journey, recognising that the energy industry is entering a new era. As we move towards energy transition, our commitment to the North Sea is unwavering.
As a leading North Sea Operator, we are an agile and driven business, taking a pragmatic approach to oil & gas production through innovative thinking and advanced technologies. Our goal is to maximise value through the safe, efficient and responsible production of our assets.
Success is dependent on our talent and with bold and inspired people, we will create a workplace that is diverse and equitable, building a culture of collaboration and inclusion.
Position Overview
Ithaca Energy is accepting applications for the position of Economist, located in our Aberdeen Office.
Reporting to the Business Planning and Economics Manager, the Economist will work as part of a team of six, working collaboratively across the company providing key decision support on a key growth area for the business.
Responsibilities
Ithaca Energy is a leading full cycle exploration and production company headquartered in Aberdeen, Scotland. The business has built a diverse and high value portfolio of operated and non-operated assets across the Northern & Central North Sea and West of Shetland.
We are a dynamic and ambitious business on a rapid growth journey, recognising that the energy industry is entering a new era. As we move towards energy transition, our commitment to the North Sea is unwavering.
As a leading North Sea Operator, we are an agile and driven business, taking a pragmatic approach to oil & gas production through innovative thinking and advanced technologies. Our goal is to maximise value through the safe, efficient and responsible production of our assets.
Success is dependent on our talent and with bold and inspired people, we will create a workplace that is diverse and equitable, building a culture of collaboration and inclusion.
Position Overview
Ithaca Energy is accepting applications for the position of Economist, located in our Aberdeen Office.
Reporting to the Business Planning and Economics Manager, the Economist will work as part of a team of six, working collaboratively across the company providing key decision support on a key growth area for the business.
Responsibilities
- Primary contact for collating inputs, building, running and reporting on full life-cycle probabilistic economics in-line with Ithaca’s Investment Manual. Providing challenge and insights on analysis – with an ability to explain complex concepts in simple terms across different levels of the organisation
- Facilitates multi-functional framing sessions to ensure key uncertainties are identified and modelled appropriately
- Regular written and verbal reports out to project team, Ithaca Leadership team, JV partners and external stakeholders, as necessary, communicating the relative worth of project alternatives and assisting in the preparation of material in support of asset recommendations and submissions
- Degree (in Finance/Economics/Accounting/Engineering) or equivalent professional qualification
- Strong, well established experience of upstream economics, including project framing within the UKCS
- Advanced MS Excel, PowerPoint skills and ideally proficient in Quorum Planning Space, and decision analysis software
- Highly versed in project/investment appraisals, uncertainty analysis (including tornadoes, decisions trees and probabilistic analysis)
- Strong interpersonal skills, a self-starter with the ability to work well both independently and within a team