Job Title: Asset Manager Job code: AST-M952 Location: Lagos JOB SUMMARY The Asset Manager position in serves as the business manager for designated Exploration and Production (E&P) assets. The incumbent is responsible for managing and preserving the intrinsic business value of the asset(s) under his/her purview. In this capacity, he/she acts as a commercial advisor to the COO to ensure professional delivery of deals, contracts and agreements. He/She will also be required to integrate and co-ordinate the requirements and inputs of disciplines such as engineering, field operations, finance, audit and legal counsel to ensure that best interests are served and value is maximised. SPECIFIC DUTIES -Responsible for the company’s exploration and production (E&P) interests in a number of assets/ventures were significant expenditures on new developments are projected. -Provide commercial input into Project Opportunity Framing Sessions. -Support in the development and design of negotiation strategy, as well as implementation of best practises for negotiations and contracts. -Lead and resolve negotiations with external stakeholders as appropriate -Leverage value from existing commercial agreements. -Resolve commercial/legacy issues related to existing commercial agreements and support the development and implementation of commercial input to asset strategies. -Integrate across business functions the View as input into the External Governance Meetings. -Support and provide input to new contracts and contract renewals / extensions -Primary Interface for monitoring/steering and interfacing with the operators as and when required so as to maximize asset value (i.e., at “optimized cost”). -Work jointly with the operator to ensure plans and processes are adjusted appropriately to reflect a dynamic business environment. -Processing of crude entitlement, representation at curtailments and application for Exports, Crude lifting permits. -Responsibility for Cross fertilizing ideas and lessons learnt. Maintain database & benchmarks for $/bbl UTC- unit technical costs, UDC- unit development Costs & UOC, Unit Operating costs. -Ensure that agreements/contracts are adequately reflecting the company’s interests and as such will have input in these documents. -Hold overall accountability for E&P assets, the reserves development, reporting and entitlements through its lifecycle -Ensure that developments including drilling, completion, repairs, enhancements & optimizations are planned and implemented in a safe and responsible manner. -Ensure development and operations in E&P assets conform to company standards and industry best practices. -JV Liaison, ensure adequate representation from at JV meetings, including (but not limited to) the bi-annual Technical Committee and Operating Committee meetings as organized by the operator, and meetings held with the regulators. -Maintain Database of asset information -Ensure (for NOVs), alignment with agreed Corporate Annual Business plan. -Other duties as assigned. QUALIFICATIONS & EXPERIENCE -1st degree in Engineering, Finance, Investment Management, Business Administration, Economics or Accounting. MBA from a reputable institution of learning is an added advantage - At least 12 years working experience in a broad range of positions in the upstream oil and gas industry, out of which the last 5 would have been in commercial and leadership roles. -Has good knowledge of Petroleum Economics, Commercial Contracts and Agreements, Production Operations, Project Management, Annual Budget Planning, and Field Development Planning. -Experienced in initiating, negotiating and closing out commercial deals, as well as maturation of hydrocarbon opportunities through the OORP. -Ability to develop, analyse and interpret financial data. Interested candidates should forward CVs to olusholag@stresert using AST-M952 as subject of mail. Only qualified candidates will be shortlisted. Application closes 26th July 2013
Posted on: Tue, 23 Jul 2013 09:40:19 +0000
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