Husky-CNOOC Madura Limited (HCML) Jobs: Junior Engineer Economic and Planning

Husky-CNOOC Madura Limited (HCML) is a key player in Indonesia’s upstream oil and gas industry. Operating under a Production Sharing Contract (PSC) with the Indonesian government, HCML is a joint venture between Husky Oil Madura Partnership (40%), China National Offshore Oil Corporation Southeast Asia Limited (40%), and SMS Development Ltd. (20%). The company’s mission is to responsibly explore and produce hydrocarbons in the Madura Strait, contributing to national energy security and regional development.
HCML’s origins date back to 1982, with the formation of Husky Oil Madura Limited. In 2011, following a strategic partnership with CNOOC, the company was restructured and rebranded as HCML. Since then, it has focused on developing offshore gas fields, with the BD Field being its flagship project. Located approximately 65 kilometers east of Surabaya and 16 kilometers south of Madura Island, the BD Field contains significant reserves of natural gas and condensate. Its development has been instrumental in supplying clean energy to East Java and beyond.
In addition to the BD Field, HCML has successfully developed the MDA and MBH fields. These projects involved complex offshore engineering, including the installation of platforms and subsea pipelines. The execution of these developments was marked by a strong safety record, with millions of work hours completed without incidents-highlighting HCML’s commitment to operational excellence and worker safety.
The company’s vision is to become the leading gas producer in East Java and a preferred operator in Indonesia. To achieve this, HCML emphasizes sustainable practices, technological innovation, and strong stakeholder engagement. Its operations are guided by high standards of health, safety, and environmental responsibility.
HCML maintains corporate offices in Jakarta and Surabaya, strategically positioned to facilitate coordination with government agencies, partners, and service providers. The Jakarta office is located in the Indonesia Stock Exchange Building, while the Surabaya office is housed in the Intiland Tower.
Beyond its core business, HCML is actively involved in community development through various corporate social responsibility (CSR) initiatives. These include educational outreach programs, health and safety training, and cultural events that strengthen ties with local communities. Programs like “HSSE Goes to School” and Halal Bi Halal gatherings reflect the company’s dedication to social impact and inclusive growth.
In summary, HCML is more than just an energy company-it is a committed partner in Indonesia’s development. Through its strategic partnerships, technical expertise, and focus on sustainability, HCML continues to play a vital role in powering the nation’s future.
Husky-CNOOC Madura Limited is looking for experienced Indonesian professionals to join the team for Junior Engineer Economic and Planning position.

Junior Engineer Economic and Planning

• Working Location: Jakarta Office (Normal office environment, may require to travel to sites)
• Employment Status: Permanent

Job Description

To conduct the economic simulation and prepare relevant analysis for all fields managed by the Company in order to provide relevant insights and recommendations for Management with the lens of optimum investment and profitability level.

Key Responsibilities

• Deliver economic simulations and commercial analysis to support investment decisions and profitability
• Evaluate gas pricing structures and contract terms to assess value, risk, and market sensitivity
• Analyze market and pricing data to support gas marketing strategies and negotiations
• Prepare economic models and commercial documentation using petroleum economic tools (e.g., Merak PEEP, Que$tor)

Requirements

• Bachelor degree (S1) in Petroleum Engineering or any other relevant majors.
• Minimum 1-3 years of experience in the Upstream Oil and Gas industry.
• Demonstrates understanding of the end-to-end gas marketing negotiation process, including market assessment, buyer engagement, proposal development, and contract finalization.
• Able to explain key pricing mechanisms in gas sales contracts, including indexation, escalation, formulas, and sensitivity to market price fluctuations.
• Capable of supporting economic evaluation of contract terms and commercial scenarios to assess value, risks, and profitability.
• Able to compile, analyze, and interpret market and pricing data to support pricing strategy and negotiation decisions.
• Supports the preparation of technical and commercial documentation related to gas marketing contracts, including term sheets, proposals, and internal approval papers.
• Assists in conducting economic analysis on contract variations and related commercial parameters to ensure optimized commercial outcomes.
• Proficiency in Microsoft Office (Excel, Word, PowerPoint).
• Familiarity with petroleum economic evaluation tools (e.g., Merak PEEP, Que$tor).

Others

• Strong analytical thinking with high attention to detail and quality
• Effective communication skills in Bahasa and English.
• Collaborative team player with good interpersonal skills

Please apply through the link provided below if you meet the stated requirements.
Only shortlisted candidates will be called for interview and other selection processes. Please be aware that HCML never requests the applicant to pay any fee or appoint any travel agent for the selection process.

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