As Commercial Advisor, you’ll provide support to a full range of commercial activities related to the management of the company’s operated and non-operated interests and, where required, in respect of business development and exploration opportunities. This includes the administration and negotiation of joint venture agreements (including Decommissioning Security Agreements) and third-party contracts and agreements.

Duties & Responsibilities:

• Reviewing, interpreting, negotiating and preparing commercial matters – e.g. joint operating agreements, transportation agreements, pipeline agreements, decommissioning security agreements, product sales contracts, third party access requests.
• Ensuring senior management are fully appraised of all key issues, emerging situations, strategic options, etc. Presenting on these issues and proposing a suitable path forward.
• Working closely with other departments e.g. Operations, Development Engineering, Engineering and Subsea to ensure that operated/non-operated field development and operational plans are properly validated and aligned with the company’s best interests and that the operator is applying sound operating and maintenance procedures.
• Working closely with other members of the Commercial Team to develop and implement commercial strategies and tactical plans to develop and manage the company’s current and future business.
• Providing advice and guidance on commercial matters to colleagues, senior management/co-ventures’/external stakeholders.
• Representing the company at relevant external meetings (J.V. sessions, OpComs, FinComs, etc.) – ensuring the company’s best interests are protected and promoted. Preparing meeting notes, document discussions, key activity and recommendations.
• Preparing requests for expenditure and ensuring requests are aligned with budgets for approval by partners and works with partner group to gain support of same.
• Providing input to e.g., the business plan, asset plans and annual budgets – and, where appropriate, works with partner group to gain support of same.
• Preparing and presenting proposed commercial recommendations to Legal, Commercial Board (LCB) and undertake follow-up activities consistent with LCB guidance.
• Maintaining a high level of awareness of commercial and fiscal developments, A&D market activities, etc. and ensuring company management are properly briefed on all developments.
• Participating in industry fora, attending conferences, seminars, and networking events to ensure the company maintains appropriate representation within the industry.
• Maintaining a risk and obligations register relating to all commercial activities.
• Assisting Legal and HSSEQ Departments to monitor all statutory requirements for a UK operator and helping maintain the company’s licence to operate.
• Supporting delivery of business efficiency initiatives.

Our client is seeking a candidate with the following qualifications, experience and skills:

Essential:

• Bachelor’s degree or equivalent in a business, technical or engineering discipline.
• Able to exercise sound judgement/know when to ask for advice and guidance.
• Proactive and driven.
• Good communication/presentation skills.
• Knowledge and experience of the oil and gas industry – ideally in a commercially focused role with an Operator in the UK oil and gas industry.
• Relationship builder with networking capability.
• Ability to work effectively in multi-functional teams.
• Must be numerate and comfortable with extensive use of Excel, Word, PowerPoint.
• Good planning and organisational skills
• Proven ability to “design” meetings/action plans.
• Conversant with industry-specific agreements, contractual terms, commercial developments, etc.

Preferred:

• Proven ability to work effectively with senior management and to gain a high level of professional and personal credibility – internally and externally.
• High level of commercial awareness.
• Knowledge of applicable UK law and fiscal regime for oil and gas developments.
• Experience of negotiating and executing oil and gas industry contracts and agreements, performing economic analysis, business modelling tools/techniques.
• Evidence of creative thinking with the ability to introduce new concepts and ideas.
• Understanding of prevailing commercial environment of UKCS – namely:
• Commercial Code of Practice.
• Code of Practice governing Infrastructure Access and associated industry guidance notes.
• DECC Guidance for determining terms of Access.
• Role of Commercial Champion.

TMM Recruitment INDSCC