Principal Commercial Oman New Ventures خبير أول، الشؤون التجارية - المشاريع الجديدة (عمان)

<p dir = "auto">Job title: Principal Commercial Oman New Ventures </p>
<p dir = "auto">Stream: Commercial </p>
<p dir = "auto">Function: Business Development – Merger and Acquisition - Oman</p>
<p dir = "auto">Location: Muscat- Oman</p>
<p dir = "auto">Reporting to: Manager, Commercial Oman Ventures </p>
<p dir = "auto">Direct reports: -&nbsp;</p>
<p dir = "auto"></p>
<p dir = "auto">Job purpose:</p>
<p dir = "auto">Support the Manager, for evaluating, structuring, and advancing new venture opportunities within Oman. The role leads commercial assessments of upstream oil and gas opportunities, including farm-ins, acquisitions, partnerships, and strategic investments. The position provides expert commercial insight, market intelligence, and deal structuring capabilities to support informed investment decisions and portfolio growth aligned with the OQEP strategic objectives &amp; portfolio.</p>
<p dir = "auto">The position will act in accordance with the OQEP’s Mission, Vision, Values &amp; Strategies, as well as, policies, guidelines, and international standards, supported by an IT Technology platform, QHSE &amp; Energy Management System requirements standards, Omani’s government &amp; other legal justifications, and best international practices in consonance with national objectives.</p>
<p dir = "auto"></p>
<p dir = "auto">Main tasks and responsibilities:</p>
<p dir = "auto"> Support the delivery of strategic growth initiatives across functions to develop and mature new business opportunities.</p>
<p dir = "auto"> Developing and negotiating on a new major commercial agreement such as Production Sharing Agreements, Concession Agreements, Joint Operating Agreements, Shareholder Agreements, Sales &amp; Purchase Agreements, Farm-in and Farm-out, Joint Bidding Agreements ensuring alignment with industry standards, best practices, and practical deliverability.&nbsp;</p>
<p dir = "auto"> Management of all aspects of new investment’s commercial agreements.&nbsp;</p>
<p dir = "auto"> Assess contractual obligations and key commercial risks associated with major commercial agreements.</p>
<p dir = "auto"> Support oversight of the Commercial team in managing commercial operations, commercial interfaces, and agreement compliance across OQEP’s business portfolio.</p>
<p dir = "auto"> Represent OQEP on commercial matters at partner meetings, as delegated.</p>
<p dir = "auto"> Participate in new asset acquisition studies by advising on economic estimation basis and assessing contractual commitments.</p>
<p dir = "auto"> Ensure adherence to OQEP’s governance frameworks &amp; processes for new opportunities assessment, investment approval, value assurance and reporting.</p>
<p dir = "auto"> Provide commercial advice during transaction negotiations and agreement finalization.</p>
<p dir = "auto"> Engage proactively with all internal and external stakeholders including joint venture partners and relevant governmental entities to ensure alignment, transparency, and the effective delivery of commercial objectives.</p>
<p dir = "auto"> Reporting to Manager, Commercial Oman Ventures and working in collaboration with Commercial Manager Existing Assets ensuring OQEP’s always benefit.</p>
<p dir = "auto"> Lead commercial due diligence activities during M&amp;A transactions.</p>
<p dir = "auto"> Coordinate with technical, legal, finance, and strategy teams to ensure comprehensive evaluation of opportunities.</p>
<p dir = "auto"> Identify commercial risks and propose mitigation strategies.</p>
<p dir = "auto"> Support long-term portfolio growth strategies through commercial intelligence.</p>
<p dir = "auto"> Support the management of department resources, planning, and setting KPIs for the team.</p>
<p dir = "auto"></p>
<p dir = "auto">Key interactions:</p>
<p dir = "auto">Internal: OQEP</p>
<p dir = "auto">External: MEM, MOF, IOC Counterparties, Investment Banks and brokers, Contractors, Financial Advisors, Legal Advisors&nbsp;</p>
<p dir = "auto"></p>
<p dir = "auto">Notable Working Conditions. Office environment, with some travel. Moderate to intensive computer screen use.&nbsp;</p>
<p dir = "auto"></p>
<p dir = "auto">Education requirements: Bachelor’s Degree in relevant field&nbsp;&nbsp;</p>
<p dir = "auto">Language requirements: Excellent knowledge of written, read, and spoken English (required), Arabic - Native (desirable)</p>
<p dir = "auto"></p>
<p dir = "auto">Background and experience: </p>
<p dir = "auto">Competencies and skills:</p>
<p dir = "auto">• 10+ years of experience in relevant / similar position.</p>
<p dir = "auto">• Strong experience in Oil &amp; Gas techno/ commercial agreements&nbsp;&nbsp;</p>
<p dir = "auto">• Experience in commercial agreements negotiations</p>
<p dir = "auto">• Well-rounded professional with strong background in Business Development, adaptable and motivated general management strategist who relishes challenges.</p>
<p dir = "auto">• Exposure to an IOC environment would be a positive Soft:&nbsp;&nbsp;</p>
<p dir = "auto">• Strong management skills&nbsp;</p>
<p dir = "auto">• Excellent interpersonal skills and multi-cultural sensitivity.&nbsp;</p>
<p dir = "auto">• Strong in communication and negotiation skills&nbsp;</p>
<p dir = "auto">• Requires excellent communication skills, both verbal and written.</p>
<p dir = "auto"></p>
<p dir = "auto">Technical:&nbsp;</p>
<p dir = "auto">• Deal Structuring &amp; Negotiation</p>
<p dir = "auto">• Strong techno-commercial and business acumen</p>
<p dir = "auto">• Understanding of legal terminology for Petroleum/ Oil &amp; Gas contracts, deals and MOUs&nbsp;</p>
<p dir = "auto">• Excellent modelling skills&nbsp;</p>
<p dir = "auto">• Mergers &amp; Acquisitions Transactions</p>