Senior Research Analyst - Upstream

Wood Mackenzie is the global leader in analytics, insights and proprietary data across the entire energy and natural resources landscape.

For over 50 years our work has guided the decisions of the world’s most influential energy producers, utilities companies, financial institutions and governments.

Now, with the world’s energy system more complex and interconnected than ever before, sector-specific views are no longer enough. That’s why we’ve redefined what’s possible with Intelligence Connected.

By fusing our unparalleled proprietary data with the sharpest analytical minds, all supercharged by Synoptic AI, we deliver a clear, interconnected view of the entire value chain. Our trusted team of 2,700 experts across 30 countries breaks siloes and connects industries, markets and regions across the globe.

This empowers our customers to identify risk sooner, spot opportunities faster and recalibrate strategy with confidence – whether planning days, weeks, months or decades ahead.

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• Inclusive – we succeed together
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• Customer committed – we put customers at the heart of our decisions
• Future Focused – we accelerate change
• Curious – we turn knowledge into action

Location: Rio de Janeiro, Brazil

Department: Research

Reports to: Senior Research Manager

Wood Mackenzie is seeking a curious, analytical, and collaborative Senior Research Analyst to join our Upstream Research team in Rio de Janeiro.

In this role, you’ll combine deep analytical work with strategic insight to help clients understand upstream portfolios, asset performance, and emissions in a rapidly evolving global energy landscape. Your research will directly inform high-impact decisions made by energy companies, investors, and governments around the world.

You’ll be part of a diverse, global research community that values rigorous thinking, collaboration, and continuous learning - and where different perspectives make our insights stronger.

• Deliver high-quality research and analysis on upstream assets, companies, and market trends across the global oil and gas sector.

• Maintain and enhance asset-level valuations, cost structures, and emissions profiles using Wood Mackenzie’s proprietary models.

• Interpret complex datasets to identify strategic opportunities, risks, and trade-offs for clients.

• Collaborate with colleagues across regions and disciplines to ensure consistency, accuracy, and clarity in research outputs.

• Engage with industry stakeholders to validate assumptions and gather market intelligence.

• Produce clear, compelling written and visual content, including reports, presentations, and client briefings.

• Support clients with portfolio benchmarking, investment analysis, and long-term strategic decision-making.

• A Bachelor’s or Master’s degree in Engineering, Economics, Geoscience, or a related field (or equivalent professional experience).

• Typically 5+ years of experience in upstream oil and gas research, consulting, or related industry roles.

• A solid understanding of upstream operations, asset economics, and fiscal regimes - or the ability to quickly learn and apply these concepts.

• Experience with valuation models and/or emissions analysis is highly desirable.

• Strong communication skills and confidence engaging with internal and external stakeholders.

• Comfort working with data analysis and visualisation tools such as Excel, Power BI, or Python.

• Intellectual curiosity, attention to detail, and an interest in how the energy system is evolving.

• Work on industry-leading research that shapes decision-making across the global energy sector.

• Be part of a collaborative, inclusive environment with exposure to international teams and perspectives.

• Develop your expertise through mentoring, structured training, and opportunities to work across different research areas.

• Grow your career in a role that combines technical depth, strategic thinking, and real-world impact.

• Competitive compensation and benefits aligned with your experience and contribution.

Equal Opportunities

We are an equal opportunities employer. This means we are committed to recruiting the best people regardless of their race, colour, religion, age, sex, national origin, disability or protected veteran status. You can find out more about your rights under the law at www.eeoc.gov 

If you are applying for a role and have a physical or mental disability, we will support you with your application or through the hiring process.