Commercial Manager Existing Asset

Job Description

Commercial Manager Existing AssetJob IdOQ56253Start DateApr 14, 2025End DateApr 27, 2025Company NameOQDisciplinePlanningNo of Position1Position TypePermanentJob TypeNationality RequiredEducation & Experience RequiredEducationBachelors Degree in a relevant fieldExperience12 years of experience in a relevant/similar position.Job TitleCommercial Manager Existing AssetGradeStreamCommercialFunctionBusiness Development CommercialLocationOman-HOBudget ControlOPEX and/or CAPEX and/or Revenue amount as relevantReporting toHead of CommercialDirect ReportsNoneJob PurposeSupport the Head of Commercial in leading the end-to-end process/activity related to Upstream Commercial Opportunities at Business OQ and the assigned team, acting as a key contributor to Commercial standards, through (1) supporting Business Development in the formulation of OQ Upstream Commercial strategies and assisting in the setting/management of performance targets, (2) reviewing annual and revised budgets for Commercial and providing written summaries of analyses to Upstream management prior to approval by Joint Operating/Management Committees, (3) overseeing the Commercial team and its KPIs, and assisting in the negotiation and development of Commercial agreements for E&P businesses portfolio, and (4) participating in new asset acquisition studies by advising on economic estimation basis and assessing contractual obligations; in order to ensure the optimum and sustainable net back (people and economics) for Upstream OQ.The position will act in accordance with the Groups Mission, Vision, Values & Strategies, as well as, policies, guidelines and standards, supported by an IT Technology platform, HSE standards, Omanis government & other legal justifications, and best international practices in consonance with national objectives.Main Tasks and Responsibilities

• Support in leading strategic growth initiatives of a cross-functional nature for the development of new business areas.
• Assist in conducting commercial negotiations on key aspects of projects and transactions.
• Provide guidance and insights for the identification of growth opportunities and addressing shortfalls.
• Support in overseeing the Commercial team in managing commercial operations and agreements of the E&P businesses.
• Represent OQEP on commercial matters at Partner meetings, as delegated.
• Represent Joint Venture meetings and committees, as required.
• Participate in new asset acquisition studies by advising on economic estimation basis and assessing contractual obligations.
• Assist in the development and negotiation of new agreements as required by the portfolio, ensuring they adhere to industry standards and best practices while remaining pragmatic and deliverable.
• Support the management of department resources, planning, and setting KPIs for the team.

Key Interactions

• Internal: OQEP
• External: JV Partners, Government, Contractors, Vendors & Suppliers

Notable Working ConditionsField Operations and office environment, Moderate to intensive computer screen use.Language requirementsExcellent knowledge of written, read, and spoken English (required), Arabic - Native (desirable)Background and ExperienceCompetencies and Skills

• Well-rounded professional with strong background in Commercial and Business Development, adaptable and motivated general management strategist who relishes challenges.
• Exposure to an IOC environment would be a positive.

Required

• At least 5 years of previous techno-commercial exposure of developing / Upstream related Commercial Agreements.
• Solid project development experience ( 8 years) in an advisory/consulting role.

Preferred

• Strong exposure to new technologies, with responsibility to develop ideas from concept to FID.
• Experience analyzing, working with or selecting technologies for new assets.

Soft Skills

• Strong leadership skills.
• Requires excellent communication skills, both verbal and written.
• Ability to communicate across all levels.
• Team player.
• Problem solver.
• Successful experience of idea generation, developing, advising, consulting on downstream growth projects.
• Out-of-the-box-thinking mentality, particularly focused on future assets.

Technical Skills

• Computer Literacy including MS Office.
• Strong techno-commercial and business acumen.
• Understanding of legal terminology for Petroleum/ Oil & Gas contracts, deals and MOUs.
• Excellent modelling skills.

Skills RequiredOther Job Details

Keyskills :
commercial strategy development budget management negotiation skillsproject development experienceleadership and team management reports commercial manager commercial matters legal reporting opex capex team player