Principal G&G Evaluations

Job title: Principal G&G Evaluations

Company: OQ


Job description: Job titlePrincipal G&G evaluationsGradeStreamOQEPFunctionCommercial – Mergers & AcquisitionsLocationOman, Head OfficeBudget controlN/AReporting toHead of Mergers & AcquisitionsDirect reports–Job purposeProvide all G&G related insights and support in the planning and execution of Acquisition & Divestment activities (screening, evaluation, negotiation and delivery of new upstream opportunities & divestments).The position will act in accordance with the Company’s Mission, Vision, Values & Strategies, as well as, policies, guidelines, and international standards, supported with an IT Technology platform, HSE standards, Oman government & other legal justifications, and best international practices in consonance with national objectives.Main tasks and responsibilities

• Screening of newly sourced opportunities in line with OQEP BD strategy
• Stay up to date with exploration farm-out and bid round activities in Oman and the region.
• Support establishing and managing Business Development data rooms (physical & virtual).
• Support the preparation of teasers, confidential information memorandums, management presentations and investment/divestment proposals.
• Responsible for the management of technical data packages of the business development projects.
• Perform the geoscience due diligence work of opportunity evaluation with coordination with the project lead and other multidisciplinary team members (commercial, economic, legal, finance, etc.).
• Prepare and contribute to the required project documentation and presentation (evaluation reports, project close-out reports, etc.)
• Provide input to senior executives based on market intelligence and trends to enable the organization to increase capabilities in key areas that can give strategic leverage for future projects.
• Participate in gathering and analysing market intelligence information for new projects and opportunities and maintaining up to date information on industry trends and competitors
• Support the delivery of “Project Reports” (Project Initiation Notes and Project Evaluation Notes) of new opportunities.
• Mentor and guide junior staff to develop the overall geoscience expertise in the team
• Apply best practices of new venture activity

Key interactionsInternal: Liaise with colleagues within Projects, functional leaders, and other internal stakeholders for day-to-day work.External: Contractors, vendors, national government offices, external consultantsNotable Working Conditions. Office environment, frequent travel, and visits to the operational sites. Moderate to intensive computer screen use.Education requirements

• Minimum qualification for this position is a bachelor’s degree in Geophysics or Geoscience

Language requirementsExcellent knowledge of written, read, and spoken English (required) | Arabic – Native (desirable)Background and experienceCompetencies and skills

• 15 years of relevant experience
• Minimum of 10 years’ experience of geoscience experience within Upstream New Ventures for Oil & Gas companies.

Soft:

• Strong communication, verbal and written skills.
• Multitasking & Prioritization
• Organizational Commitment.
• Drive for Excellence.
• Possess analytical thinking in data analysis.
• Problem solving skills
• Planning & Organization
• Responsiveness
• Stakeholder management
• Management & leadership skills to lead aspects of the Business Development process.
• Team player that can work collaboratively with all involved.
• Excellent interpersonal skills and multi-cultural sensitivity.
• Experienced in resource control, contract management and general management.

Technical:

• Computer knowledge in MS Office applications like MS Word, MS excel etc.
• Experienced in Geoscience modelling and uncertainty analysis tools.

Job Req ID: 56255Date: Apr 15, 2025Location:Muscat, OMEntity: OQ Exploration and Prod.Business Unit:Division:Country/Region: OM

Expected salary:

Location: Muscat

Job date: Wed, 16 Apr 2025 05:52:47 GMT

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