Chief Financial Officer (PSC Upstream)
- Location: Sabah
- Salary: Market related
Providing strategic direction to COMPANY through strategic formulation, decision making, forecast/ budgeting and its implementation / monitoring
Establishing and implementing internal controls and ensuring efficient and effective financial operations as per industry benchmarks
Co-ordinating with external financial stakeholders for arrangement and management of funds for COMPANY
In addition, your role is to be responsible for managing the financial strategies, policies and procedures and financial controls framework of COMPANY, which shall include implementing accounting best practices, financial / management / regulatory reporting, accounts payable and receivable, annual / periodic audit facilitation, taxation and overseeing all aspects of COMPANY's financial obligations
Assist in training and resource development for building knowledge and skills capacity on present positions and build long term capability to shoulder additional responsibilities.
**Only local Malaysians will be considered
WP&B and budget preparation and monitoring against internally approved corporate budget and approved WP&B.Ensure Compliance to PSC accounting as per the PSC and JOA.Prepare Petroleum Income Tax and Corporate Income Tax submission.Prepare reports or submission for transfer pricing, e-invoicing, GST / SST etc.Support the development of the accounting systems.Accounting of financial transactions (which include Revenue, cost, lnter-company accounts, and year-end adjustments) of all Joint Ventures and Area Office accounts.Prepare and ensure timely submission of monthly, quarterly and annual financial statements.Liaise with internal and external parties such as government authority (eg. IRB), JV operators & partners, tax consultants and auditors.WP&B and budget preparation and monitoring against internally approved corporate budget and approved WP&B.Ensure Compliance to PSC accounting as per the PSC and JOA.Prepare Petroleum Income Tax and Corporate Income Tax submission.Prepare reports or submission for transfer pricing, e-invoicing, GST / SST etc.Support the development of the accounting systems.Accounting of financial transactions (which include Revenue, cost, lnter-company accounts, and year-end adjustments) of all Joint Ventures and Area Office accounts.Prepare and ensure timely submission of monthly, quarterly and annual financial statements.Liaise with internal and external parties such as government authority (eg. IRB), JV operators & partners, tax consultants and auditors.
Overseeing, planning and managing all aspects of the merger and acquisition process of producing PSC (Production sharing contract) oil and gas assets.Identifying potential acquisition targets and negotiating acquisition deals.Lead due diligence efforts to assess financial and operational viability of PSCs. Coordinating and managing the integration of acquired businesses.Develop and implement strategies to realize maximum value of each acquisition. Representing the company in post-acquisition activities.Open to local Malaysians only ***only shorlisted candidates will be contacted
Job description- Candidate is one of the business directors in COMPANY, reporting to COMPANY CEO and primarily responsible for developing and managing the upstream (Exploration and Production) business- Responsible to propose, seek approval from Board and deliver the business development plan for growing the COMPANY's EP upstream business- A member of COMPANY management team, working together with other members of Management team and Directors and assisting COMPANY's CEO to deliver the integrated COMPANY corporate business objectives.- A Shareholders' representative and member of Management Committee in non-operating ventures, taking the lead in managing the NOV business to maximise profitability and to protect shareholder's interests.- Lead the negotiating team to negotiate for successful acquisition and/or participation of upstream assets and projects.- Lead the EP teams and resources in COMPANY to deliver EP business development plan and coordinate the team's work on NOV matters. Develop young technical professionals in the EP team.- Overall responsible for technical, financial and legal due diligence activities on farm in projects, develop commercial framework and proposals for Board approval prior to negotiating with Petronas.- Contract holder and manager for engaging and licensing external technical and commercial consultants and technologies and tools to support the pursuit and realization of upstream projects.- Prepare board papers and get approval from COMPANY Board of Directors on COMPANY upstream matters.- Actively participate in HSE and CSR initiatives and programs that include but not limited to, safety observations and HSE Trainings, community and society contributions Qualifications and Skill:- Minimum with Bachelor's degree in petroleum engineering or geosciences- Min 20 years' experience in the Oil & Gas company with a considerable broad range of technical and commercial management experience in upstream business activities and functions.- Have experience in managing Upstream asset.- Familiar with Petronas Upstream business commercial contracts and fiscal terms- Have good knowledge in Upstream exploration and development economic valuation dynamics and commercial construct.- Experience in Upstream deal making, or asset acquisition exercise would be an added advantage
Senior Petroleum EconomistJob description- Overall responsible for Upstream assets and development projects economic valuation in SMJSB.- A member of SMJ EP team, reporting to SMJ Upstream Director, working together with other members of SMJ EP team and assisting SMJ's Upstream Director to deliver SMJ EP business objectives- Responsible to develop, update and maintain petroleum economic and financial models, perform regular quality checks to ensure models are bugs free, accurate and efficiently organized and documented for quality control and audit trail purposes- Responsible to organize and quality check on input data and assumptions, on technical and financial, to the economic and financial models and quality check on output data to make sure modelling and calculations are error free prior to releasing results to stakeholders- Responsible to perform exploration and late life asset economics both using deterministic and probabilistic approach- With the support and input from external consultant, carry out comprehensive economic evaluations backed up with appropriate commercial terms in all Upstream asset acquisition exercise.- Responsible to prepare and report out, make presentations to management team on results and recommendations on economic and financial evaluations- Contract holder and manager for engaging external consultants on inputs to Upstream economic and fiscal terms modelling.- Actively participate in company's HSE and CSR initiatives and programs that include but not limited to, safety observations and HSE Trainings, community and society contributionsQualifications and Skill:- Minimum with Bachelor's degree in petroleum engineering or equivalent engineering or economics- Min 15 years' experience in the Oil & Gas company with considerable experience in petroleum economics- Experience in Upstream commercial negotiation would be an added advantage- experienced in managing wide range of petroleum economics and fiscal terms in Malaysia like PSC and PITA terms, cost recovery, ARO issues etc..- experienced in managing wide range in exploration (EMV approach), project FIDs (incremental approach) and production economics (enhancement, efficiency and Late Life Assets).- Strong and fast in Microsoft office tools and good data management skills- Strong analytical and strategic thinking skills and the ability to draw and support technical and commercial conclusions. - Good communication and presentation skills, strong interpersonal skills. Ability to express professional opinions both orally and in writing. - Able to mentor junior petroleum economist staff in EP works. - Able to cope with high pressure working environment in fast turnaround and off office hour works.
As the Technical Advisor of the company, the scope of work and responsibility includes: Support Company Exploration & Production (E&P) Business in IndonesiaCheck and getting relevant information for operations in IndonesiaLiaise with reputable expert in the COMPANY businessPromote COMPANY's Operational capabilities, technical capabilities, strategic goals in IndonesiaMonitor competition level of the blocks that COMPANY will select (interested operators, how other operators make alliances, etc.)To find partnering or new ventures opportunitiesAdvise how to win the bid (bid terms such as work commitments, exploration programs)Other request from COMPANY and any other business in relation to above mattersTo provide market intelligence & networking which might be connected to inner-circle information.To suggest COMPANY on business strategies in Indonesia which includes, but not limited to, Farm-in opportunities and any other upstream & green business opportunities.Bi-weekly technical session which includes explanation for prospects of pre-selected blocks (blocks will be suggested based on discussion)Reviewing and advising COMPANY technical analysis work and checking Indonesian regulations, rules, policies and any applicable guidelines from the authorities and suggesting business decision**At least 20 years experience in the relevant field is required
About Us Our client, formed in 2020, is focused on transforming energy markets by delivering sustainable and scalable low-carbon solutions to accelerate the net-zero future. Leveraging decades of midstream energy experience, our client's team is positioned to lead in the development and operation of clean hydrogen, clean ammonia, and carbon capture, utilization, and sequestration (CCUS) projects. Through thoughtful planning and execution, our client is known for its performance, flexibility, transparency, and risk mitigation. Position Summary Our client is seeking a Financial Analyst to play a crucial role in evaluating the financial and technical aspects of clean energy business opportunities. This individual will support our client's ongoing commercial efforts to grow through greenfield development and acquisitions.Reporting to the Chief Commercial Officer, the Financial Analyst will assist in identifying and pursuing new revenue opportunities. Responsibilities include, but are not limited to, the following:Essential Duties/Responsibilities Analyze technical and financial information to produce forecasts of business, industry, and economic conditionsAssist in creating and maintaining financial models to evaluate project economics, conduct scenario and sensitivity analysis, and perform economic evaluations to compare optionsMonitor and quantify project performance and conduct "look-back" analysesProvide due diligence assistance and financial modeling for infrastructure acquisitions and greenfield projectsAssist in the budgeting and forecasting processPrepare presentations for the board of directors and potential clientsCultivate and maintain strong business relationships with potential hydrogen, ammonia, and CCUS customer representatives to ensure market awareness and develop marketing opportunitiesAssist in the development of contracts, operating agreements, and other legal documentsStay informed on clean energy, green and renewable industry, political, and regulatory developments through researchCollaborate with other departments and service groups to develop project proposalsCoordinate with engineering to develop, populate, and issue project status reports and commercial reports Supervisory Duties Not applicable at this time.Job Qualifications Bachelor's degree in Engineering, Finance, Economics, or related fieldsMaster's degree in Finance, MBA, and/or CPA preferred but not required3+ years of professional experience in financial analysis, economic modeling, greenfield development, and/or acquisitions and divestituresStrategic thinker with knowledge of emerging energy markets and midstream infrastructure for potential use in emerging energy logisticsFamiliarity with US pipeline systems and storage in relation to implementation and development opportunitiesStrong understanding of oil and gas pricing, methodology, transportation, and logisticsExcellent analytical skills with the ability to process information from various sources, derive key insights, and develop well-structured communicationsSelf-motivated with a track record of successfully taking initiative, working independently, and collaborating effectively within a teamStrong sense of urgency and ability to work within tight deadlines in a fast-paced environmentAbility to effectively manage competing demands while delivering excellent customer serviceSolid organizational skills with acute attention to detailStrong written, verbal, and presentation skills as an effective communicatorHigh proficiency in Microsoft Office products, particularly Excel and PowerPoint, and experience with relational databases such as MS Access, QuickBase, etc.
Candidate is the lead person responsible to cover the production management matters in protecting shareholders' value in a Non-Operator setting.Reporting Upstream Director, working together with other members of the team and assisting Upstream Director to deliver business objectivesA member in the Technical Committee representing the non-operator, responsible to review the Operator work on production and operation matters to identify the risks and opportunities and to influence Operator to rectify shortcomings or improvement to protect shareholders' interestsLead the production team, and mentor to junior Production Engineering staff, to carry out technical studies to verify and cross check on Operator workSet up a regular communication and exchange line with Operator teams to obtain oil and gas production records and forecasts, planned and unplanned deferment planning, hydrocarbon availability and accounting, production allocation and reconciliation.Set up and maintain a database, evaluation methodology, work processes, and contemporary software tools to help data analysis to provide a credible and professional challenges to Operator's management of oil and gas production optimization and planning effortsQAQC works of external resources to carry out production management studies both in due diligence, FDP and production operation phaseReview Operator work for Final Investment Decision (FID) of development projects in production management aspectsProvide advices and seek endorsement from Board on development project FIDs, annual work program and budgets and annual business planning relating to production management.Actively participate in company's HSE and CSR initiatives and programs that include but not limited to, safety observations and HSE Trainings, community and society contributionsCandidate is the lead person responsible to cover the production management matters in protecting shareholders' value in a Non-Operator setting.Reporting Upstream Director, working together with other members of the team and assisting Upstream Director to deliver business objectivesA member in the Technical Committee representing the non-operator, responsible to review the Operator work on production and operation matters to identify the risks and opportunities and to influence Operator to rectify shortcomings or improvement to protect shareholders' interestsLead the production team, and mentor to junior Production Engineering staff, to carry out technical studies to verify and cross check on Operator workSet up a regular communication and exchange line with Operator teams to obtain oil and gas production records and forecasts, planned and unplanned deferment planning, hydrocarbon availability and accounting, production allocation and reconciliation.Set up and maintain a database, evaluation methodology, work processes, and contemporary software tools to help data analysis to provide a credible and professional challenges to Operator's management of oil and gas production optimization and planning effortsQAQC works of external resources to carry out production management studies both in due diligence, FDP and production operation phaseReview Operator work for Final Investment Decision (FID) of development projects in production management aspectsProvide advices and seek endorsement from Board on development project FIDs, annual work program and budgets and annual business planning relating to production management.Actively participate in company's HSE and CSR initiatives and programs that include but not limited to, safety observations and HSE Trainings, community and society contributions
The ideal candidate for Senior Electrical Engineer will be responsible as the Technical Support Engineer to facilitate asset reliability and ensures uptime of the vessels; in line with the Company's key business goal. Provide drilling fleet technical supportAssist and lead on technical downtime issuesLiaise with OEM'sInvolved with annual equipment inspectionReview vendor quotations and costings for major equipment repair. Prepare overhaul work-scope for major equipment to ensure OEM correct and accurate pricings on repairs and overhaulsPrepare repair work-scope for capital equipment (5 yearly)Regularly review, development and updating of the planned maintenance system (Star) for electrical equipmentTravel offshore to assist in technical problem solving, repairs & troubleshooting as requiredAssist with annual budget preparation for capital equipment expendituresAssist with and ensure compliance of TMOC procedureAttend equipment D&I/commissioning at vendor facilityAssist with client related technical issuesCarry out rig internal technical auditsAssist Projects/Newbuilds EngineersAssist HOD with the design and implementation of troubleshooting guidesParticipate in duty phone roster system for technical issues outside office hoursBe familiar with all systems, directives and procedures and actively participate in the implementationBe familiar with all electrical rig systems and controls fleet wideBe prepared to travel worldwide at short notice as and when required Candidate should fulfil the following: Preferably a Degree in Engineering (Hons) in Electrical & ElectronicsMinimum 10 years of experience holding the role of technical support and/or project engineering in O&G industryTrained in the following: LTI Driller/ Draw works Control Course; LTI Top Drive Control Course; Advance Siemens PLC STEP 7 Programming Course; Siemens & ABB VFD Course; Siemens PLC STEP 7 Programming Course; TDS- 8SA Top Drive Course; C++ Programming; MD Totco Drilling Instrumentation Course; Ex Certified; NOV Amphion Control System; HVAC CertificateExperience in offshore drilling or upstream industry with hands-on experience in drilling systems is a plusHighly skilled and efficient trouble shooter
Job description Candidate is the lead person responsible to cover the subsurface discipline matters in protecting shareholders' valueA member of E & P team, reporting to Upstream Director, working together with other members of E & P team and assisting Upstream Director to deliver E & P business objective.A member in the Technical Committee representing the non-operator, responsible to review the Operator work on subsurface, FDP subjects to identify the risks and opportunities and to influence Operator to rectify shortcomings or improvement to protect shareholders' interestsLead the subsurface team, and mentor to junior subsurface staff, to carry out technical studies to verify and cross check on Operator workSet up and maintain a subsurface database, evaluation methodology and work processes, and contemporary software tools to continuously upgrade the subsurface data and knowledgeContract holder for engaging and QAQC works of external resources to carry out technical studies including seismic and QI studies, static and dynamic modelling, well optimisation, reserves calculations, production forecasting, FDP, ADP to support project maturation and implementation, stewardship and surveillance workReview Operator work for Final Investment Decision (FID) of development projectsProvide advices and seek endorsement from Board on S due diligence process, non-operator interests, development project FIDs, annual work program and budgets and annual business planning relating to technical studies and development projectsActively participate in company's HSE and CSR initiatives and programs that include but not limited to, safety observations and HSE Trainings, community and society contributions Qualifications and Skill: Minimum with Bachelor's degree in geology and geophysics or petroleum engineering or equivalent and relevant academic qualificationsMin 15 years' experience in the Oil & Gas company with focussed experience in one of the subsurface disciplines (RE, PT). Technical managerial skills would be a pre-requisiteDetailed skills in reservoir engineering or production technology who has coordinated integration of subsurface disciplines (GG, RE, PP, PT and Econs) in hydrocarbon maturation funnel, Field Development Planning and Area Development PlansFamiliar with reserves calculation and reporting and production forecastingExperience in using geomodelling and engineering software tools like PETREL and OFM or other analytical calculation in line with industrial standardKnowledge in well design, operations, drilling hazard analysis, drilling, cutting core and core analysis and production testing would be an advantageStrong analytical and strategic thinking skills and the ability to draw and support technical and commercial conclusions.Good communication and presentation skills, strong interpersonal skills. Ability to express professional opinions on technical subjects, both orally and in writing.Able to coach and mentor junior subsurface staff
At least 10 years E&P industry experience (Operator Background)Operations and maintenance experience, front end engineering exposure, prior experience in managing partnerPrimary Functions/Responsibilities: Responsible in ensuring Company's interest is protected in the assets.Responsible in monitoring and analysis of production and operational aspects of Partner Operated Assets.Responsible in developing performance and production input and regulatory reporting.Responsible for all operational and production issues, including project related activities that impact operations and production.Developing and maintaining strong working relationships with partners and the other upstream operators in Malaysia.Support achievement of production goals through the management of downtime and operating efficiency.Influence the operators' management of costs. Only Malaysians will be considered
We are currently looking for a local Senior Drilling Engineer to support for a Campaign in Malaysia. The candidate requires to have a minimum of 15 years experience in Oil & Gas industry. Extensive offshore exposure on semi-submersible and jack-up drilling vessels including time served as a Sr. Drilling SupervisorGood computer skill (MS office, Landmark, Wellview)
My client are currently looking for an experienced grid engineer to join their established team in Dublin. The client is one of Europe's most experienced wind energy developers and has successfully developed renewables projects with over 3,500MW of rated capacity to date. Specific Responsbilities: To work closely connected both with the project development teams in Ireland and Germany· Interacting with grid regulation authorities and grid operators in their role as project stakeholders.· Providing input for Pre-feasibility studies and technical risk assessment.· Developing and optimising grid connection solutions for wind, solar and energy storage projects.· Seeking alternative network access solutions based on grid studies, including technical, legal and commercial evaluations.· Representing the client on industry grid policy committees / working groups, applying learnings from these forums and providing regulatory advice to the strategic aims of the company in both jurisdictions.· Preparing grid applications and managing the grid application process.· Supporting project tendering and acquisition processes by creating technical documents and checking documents issued by others. To work closely connected both with the project execution teams in Dublin and Wiesbaden offices· Preparing requests for quotation for engineering, construction, procurement and testing of the electrical balance of plant for renewable and / or sustainable energy projects.· Creating, checking and or reviewing technical documents according to our company wide workflow procedure.· Preparing inspection and test plans and supervising construction work.· Controlling electrical project construction costs and project variations.· Carrying out tasks / projects assigned by the Electrical Department in Germany and other ad hoc projects as required by the Director of the Dublin office.