Snr. Commercial Advisor at Execution Edge Limited

Description:

JOB SUMMARY

• Optimise and protect the value of existing assets and to grow and reshape the company's portfolio to ensure sustainable growth and support business objectives.
• Support the exploration for oil and gas, the development of projects, the management of existing assets
• Manage liabilities, obligations and enforcement of Commercial contracts – CHA, Lifting, GSA. This includes negotiations, invoicing and receivables.

DETAILED JOB DESCRIPTION DUTIES

• Manage relationships with each counterparty of all Commercial Agreements (CHA, GSA, Terminaling, Crude Offtake).
• Provide advice, help and commercially astute options in achieving win-win resolutions of contractual disputes with counterparties, liaising with legal counsels as necessary.
• Drive Crude Reconciliation and Allocation process with all Pipeline customers and Terminal Operator.
• Liaise with Hydrocarbon accounting to support Crude Curtailment process with regulators and ensure lifting programs are structured to optimize value for the organisation.
• Update, reconcile and maintain records of CHA payments and liabilities of all  Injectors.
• Update, reconcile and maintain records of CHA payments and liabilities of Crude and Gas Off-takers
• Supporting trading by timely execution of lifting process. Liaise with Risk Management and Crude Offtaker to optimize pricing window for lifting. Coordinating and liaising with Finance to determine facility payment exposures, and seeking and negotiating early payment with Offtaker as necessary to mitigate facility underperformance.
• Liaise with Finance to ensure timely payments of monthly Terminaling charges.
• Provide advice and support for negotiations for new ventures or new fiscal terms and undertake value-based analysis to support commercial decision making.
• Maintain Commercial database and analyse commercial position of the company and each of its customers for accurate reporting of their commercial performance.
• Conduct analytic planning and scheduling reports for ongoing projects to identify potential problem areas and report findings to management.
• Support business leadership with Corporate Strategy and Planning.
• Provide support to major initiatives in the areas of macroeconomic trends, collection, and analysis of Oil & Gas data, and drafting of policy recommendations, economic research, and econometrics.
• Keep abreast of requirements of Joint Operating Agreements and commercial contracts.
• Liaison with JV partner and regulator on all E&P commercial activities to ensure compliance.

EXPERIENCE & SKILLS REQUIRED

• 15 years or more experience in the Oil and Gas Sector
• Previous relevant experience in Oil and Gas industry in non-operated and operated assets in a commercial, operational, legal or paralegal/contract administration role.
• Possess strong negotiating skills and be able to manage the expectations of various stakeholders to a contract and across the organisation.
• Strong knowledge of business management and E&P business model, commercial negotiations, and regulator relations. Strong knowledge of joint venture agreements and contractual requirements is essential.