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Vice President, Business Development & Commercial
Vice President, Business Development & CommercialOQ • Muscat, Muscat Governorate, Oman
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Vice President, Business Development & Commercial

Vice President, Business Development & Commercial

OQ • Muscat, Muscat Governorate, Oman
5 days ago
Job description

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 objectives
  • Assume responsibility for structuring and executing strategic initiatives while developing work plans, gathering, and synthesizing relevant data, leading analysis, and developing final recommendations
  • Lead and direct multiple teams of professionals and line Business units Upstream to develop :
  • New investments via new EP corporate mergers and acquisitions
  • Develop new go to business strategies to enhance OQEP production, reserves and profitability
  • Develop strong partnerships with supporting teams to fully understand business processes to improve alignment with operations
  • Support 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 strategy
  • Lead 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 acquisitions
  • Lead 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 investments
  • Monitor all business development pipeline progress and transaction delivery activities and develop overall portfolio progress reports to provide accurate and timely reports
  • Manage and build relationships with key stakeholders, particularly governmental authorities, customers and partners, in addition to internal stakeholders
  • Manage a healthy opportunity funnel with investment / divestment projects locally and internationally
  • Seek and follow approval guidelines and processes
  • Lead 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 engagement
  • Key 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 operations
  • 5+ years in a Leadership role (managing multiple teams)
  • Experience leading a team of Business Development professionals, preferably in the Oil & Gas industry
  • Experienced in resource control, contract management and general management
  • Soft

  • Strong management & leadership skills to lead all aspects of the Facilities support process & should be able to work collaboratively with all involved
  • Excellent interpersonal skills and multi-cultural sensitivity
  • Technical

  • Computer literate with expertise in MS Office
  • Mergers, Acquisitions and Divestments EP / Upstream
  • #J-18808-Ljbffr

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    President Commercial • Muscat, Muscat Governorate, Oman

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