Joint Venture Asset Manager

Petroleum Development Oman (PDO)

Main tasks and responsibilities

• Perform multi-discipline assessments for joint venture assets, with more focus on petroleum engineering evaluations and analysis, including asset performance and business reviews.
• Represents OQEP in various technical and techno-commercial official meetings with partners and government.
• Review the performance of OQEP JV assets and ensure alignment with the agreed field development and reservoir surveillance plans proposed by operator and ensure optimization for maximum economic recovery.
• Review annual work program and budget of operators and provide written summaries of analyses to OQEP management prior to approval by Joint Operating/Management Committees.
• Prepare, in collaboration with appropriate departments, alternative development strategies to take account of market changes and disruptions encountered or anticipated.
• Review with and obtain OQEP s concurrence on any deviations from the originally approved WP&B and/or any remedial measures proposed by operator prior to attending any meetings with partners.
• Review and coordinate the update of the technical reserves estimation and reporting related to JV assets.
• Ensuring that the management of JV assets are in line with the EPSAs, JOAs and that the projects proposals and developments are robust and meet OQEP s economic screening criteria.
• Challenge and manage expenses on upstream exploration and development investments and, together with the operator, ensure that the value of the asset to stakeholders is not compromised.
• Provide cost effective and performance enhancing solutions to aid asset development decision-making.
• Provide and review production and cost forecasts for the assets.

Key interactions

Internal: l egal, finance, commercial, economics & planning, technical, OQEP Management

External: Operators, Partners, & Government

Notable Working Conditions. Field Operations and office environment, Moderate to intensive computer screen use.