Job Description:

About us

At bp, we are reimagining energy for people and our planet. With operations working across almost every part of the energy system, we are leading the way in reducing carbon emissions and developing more sustainable methods for solving the energy challenge.

We are a diverse team of engineers, scientists, traders, and business professionals determined to find answers to problems that must be solved. But we know we cannot do it alone. We are looking for people who share our passion for reinvention to bring a new point of view, collaborative spirit, and to challenge our thinking in our ambition to achieve net zero!

About the Team

The Trinidad Region has expanded its Non-Operated Joint Venture (NOJV) portfolio over the last few years and continues to look at opportunities to progress resources more efficiently and enhance value through the NOJV model. The Commercial NOJV Team is responsible for managing the incorporated and unincorporated upstream joint ventures ("IJV" and "UJV" respectively) with upstream JV assets being at various stages within the exploration, development, and production life cycle.

The role will focus in the near team on the management of our interests in the upstreamJVs at a senior level but may also support other aspects of within the NOJV portfolio.

The NOJV Commercial Advisor will assume commercial accountability and delivery in the areas of JV stakeholder and agreement management, business case development, internal functional integration with Reservoir Development and Exploration, cash delivery and JV asset strategy.

Key Accountabilities

Partner Management

• Act as BP's representative or provide advice and guidance to the BP representative on the JV Operating Committees and ensure appropriate functional representation and advice as appropriate.
• Ensure BP's positions are well represented within the JV when defining plans and secure timely JV approval for all planned activity.
• Report to various team members on asset performance.
• Maintain strong relationships with JV partners and collaborators

Agreement Management

• Protect and promote BP's interests through deep understanding of and compliance with rights and obligations within JV agreements
• Identify and manage contractual risks and opportunities.
• Ensuring compliance with the Upstream Joint Venture Management Policy (UJVMP)

Investment Governance (IG)

• Lead the development of the business case for all investment options, including Financial Memoranda (FMs), functional assurance and approval, ensuring robust consistent application of BP investment frameworks (GIAAP and EEM)
• Plan and forecast upcoming Investment Governance requirements

Commercial Optimization and Risk

• Identify, prioritize and co-ordinate the delivery of asset value options in support of delivering cash options
• Update and develop NOJV risk management plans ensuring compliance with BP's NOJV risk process

Planning and Forecasting

• Responsible for quality inputs on JV assets for Area Development Plans (ADP), quarterly planning and performance reporting and processes, and Project Performance /Effectiveness of Investment submissions
• Monitor delivery against budgets, highlighting potential risks and opportunities

Negotiations

• Coordinate the delivery of new or amended joint ventures agreements, including the negotiation of same (farm-outs, Joint Operating Agreements, transportation and processing agreements, etc)

Requirements

• Bachelor's degree or equivalent from accredited University, preferably in a business, finance, or engineering field
• 10 years' experience in commercial or finance
• Computer literacy with proficiency in Microsoft applications.
• Relevant commercial and finance experience in a mixture of commercial operations, agreement negotiation and management, stakeholder management, planning, investment governance, economic evaluation
• Demonstrated ability to build and maintain internal and external relationships and resolve issues
• Experience in interacting at senior management levels (internal and external)
• Excellent communication skills

Desirable Criteria:

• Knowledge of Oil & Gas commercial activities;
• Previous experience of commercial operations and JV agreements
• MBA

Why join us?

At bp, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly.

There are many aspects of our employees' lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, and excellent retirement benefits, among others!

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Travel Requirement
Up to 10% travel should be expected with this role

Relocation Assistance:
This role is not eligible for relocation

Remote Type:
This position is a hybrid of office/remote working

Skills:
Analysis and modelling, Analysis and modelling, Analytics, Benchmarking, Business Performance, Business process improvement, Commercial Acumen, Commercial performance management, Communication, Cost Management, Data visualization and interpretation, Decision Making, Economic evaluation methodology, Economic modelling, Financial Analysis, Group Problem Solving, Integrated Planning, Investment appraisal, Long Term Planning, Management Reporting, Managing change, Measurement and metrics, Organizational knowledge, Performance and planning, Performance management {+ 4 more}

Legal Disclaimer:

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp's recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.