Vice President, Business Development & Commercial
Job title
Vice President of Business Development & Commercial
Grade
Stream
Upstream
Function
Business Development
Location
Oman – Muscat
Budget control
- OPEX and / or CAPEX and / or Revenue amount as relevant
Reporting to
Chief Executive Commercial
Direct reports
2 :
Head of Mergers & Acquisitions (1)Head of Commercial (1)Job purpose
Lead growth through the identification, screening, review and evaluation of business opportunities in accordance with the OQEP’s strategy. Manage the commercial interface for Upstream’s existing operated and non-operated portfolio.
The position will act in accordance with OQEP Mission, Vision, Values & Strategies, as well as, policies, guidelines and standards, supported by an IT Technology platform, HSE standards, Omani’s government & other legal justifications, and best international practices in consonance with national objectives.
Main tasks and responsibilities
Establish the short and long-term strategy for Business Development and translate it into operating plans with objectives and performance indicators for the measurement of success to support the achievement of OQEP's strategic objectivesAssume responsibility for structuring and executing strategic initiatives while developing work plans, gathering, and synthesizing relevant data, leading analysis, and developing final recommendationsLead and direct multiple teams of professionals and line Business units Upstream to develop :New investments via new EP corporate mergers and acquisitionsDevelop new go to business strategies to enhance OQEP production, reserves and profitabilityDevelop strong partnerships with supporting teams to fully understand business processes to improve alignment with operationsSupport strategic market studies to formulate and recommend business development (greenfield and brownfield) and investments (or divestment) strategies and plans, and identify potential cross-asset synergies in line with the Group’s strategyLead the technical and commercial evaluation and investment appraisal of opportunities jointly with Strategy, Economics & Planning Department and the Finance Department in order to determine the feasibility and probability of success and make recommendations to OQEP leadership on financial investment decisions (FID) related to acquisitionsLead tenders and participate in negotiations (together with Finance) with potential partners and third parties on significant and complex commercial, joint venture and M&A transactions, concession contracts and EPSA’s; manage the development of offers for investmentsMonitor all business development pipeline progress and transaction delivery activities and develop overall portfolio progress reports to provide accurate and timely reportsManage and build relationships with key stakeholders, particularly governmental authorities, customers and partners, in addition to internal stakeholdersManage a healthy opportunity funnel with investment / divestment projects locally and internationallySeek and follow approval guidelines and processesLead and manage the Business Development staff, including workforce planning (hiring and deployment within the function), performance management and development of direct reports to maximize their potential and engagementKey interactions
Internal : OQEP, OQ Group / OIA as required
Notable Working Conditions. Field Operations / trips and office environment, Moderate to intensive computer screen use.
Education requirements
Bachelor’s degree in Engineering, Economics or Business (required)MBA / Postgraduate degree in Engineering, Economics or Business (preferred)Language requirements
Excellent knowledge of written, read, and spoken English (required) -Arabic - Native (will be a plus)
Background and experience
Competencies and skills
A minimum of 14 years’ experience in the Oil & Gas industry, preferably in exploration, development, drilling and production operations5+ years in a Leadership role (managing multiple teams)Experience leading a team of Business Development professionals, preferably in the Oil & Gas industryExperienced in resource control, contract management and general managementSoft
Strong management & leadership skills to lead all aspects of the Facilities support process & should be able to work collaboratively with all involvedExcellent interpersonal skills and multi-cultural sensitivityTechnical
Computer literate with expertise in MS OfficeMergers, Acquisitions and Divestments EP / Upstream#J-18808-Ljbffr