Cost Performance & Value Lead

Rio de Janeiro, Brazil

Job Family Group:

Production Engineering Upstream

Worker Type:

Regular

Posting Start Date:

October 30, 2026

Business Unit:

Upstream

Experience Level:

Experienced Professionals

Job Description:

Job Description

• About the Role

The Cost Performance & Value Lead will step-change how Production Excellence manages, challenges and influences OPEX performance across the INOVA and Mero non-operated portfolio (~900 MM SS). The role integrates cost performance management, industry benchmarking using available metrics such as McKinsey and A&M, forward spend forecasting based on historical performance and planned technical activities, contract & ballot strategy evaluation against cost impact and structured JV influence to improve cost transparency, mature value opportunities, close structural cost gaps and move assets toward top-quartile competitiveness. The incumbent will turn operational, contractual and financial data into clear value cases, use them to shape Operator decisions, strengthen Shell positions and deliver practical, sustainable OPEX improvements.

Key accountabilities

Own the integrated OPEX performance view for INOVA and Mero, covering Operator Billing, Actuals, Work Program & Budget, Latest Estimate, Ballots and Operational Plan.

Analyze cost performance at (i) asset, (ii) FPSO, (iii) discipline and (iii) contract level, explaining variances, trends, and changes in scope, rate, volume, FX or timing. Work close to the technical discipline and SC focal points is paramount. Given the nature of NOV business, it is required to adopt some practices to infer figures and their range of uncertainty and ensure consistency across asset/FPSO for such assumptions.

Build robust quarterly forecasts (support group quarter LE and monthly routine) and annual plan assumptions by integrating production outlook, contract conditions and emerging risks and opportunities.

Assess deepwater OPEX drivers and use internal and external benchmarks to identify structural cost gaps, outliers and repeatable good practices across the portfolio.

Translate cost gaps into risk-based opportunity statements with clear baselines, value potential, dependencies, owners, milestones and decision requirements. Be a key member of the Roomba framework: develop and maintain a health funnel of opportunities for Prod Excellence.

Lead JV approach: Prepare fact-based technical and commercial positions to influence the Operator through JV governance forums and working-level engagements. Challenge Operator (budgets, forecasts, ballots, contract strategies and cost proposals) distinguishing unavoidable spending from controllable, deferrable or avoidable demand.

Partner with Contracting & Procurement, Finance, Economics, Legal, Operations and technical disciplines to develop negotiation strategies and aligned Shell positions.

Define business requirements for digital and analytical solutions that automate data ingestion, reconciliation, classification, benchmarking and scenario analysis.

Coach and quality-assure cost-analysis activities across the team, setting standards for analytical rigor, commercial framing and executive communication.

• Skills and Requirements

Experience and knowledge

Engineering degree with 10+ yr experience in cost performance within upstream and its dependencies with contract and commercial dependencies as well as technical disciplines.

Robust knowledge of costs related to operations activities since this is mainly Opex driven. Candidates should be highly capable of deriving inferences of cost movements within a NOV environment.

Good understanding of O&G Joint Operating Agreements, JV governance and cost-recovery mechanisms.

Demonstrated ability to build business cases, engage Operator, influence outcomes and convert analysis into opportunity funnel.

Advanced analytical capability using large and imperfect datasets, with strong Excel and data-visualization skills.

Experience shapin