Senior Advisor Commercial E&p and Lcb

Senior Advisor Commercial E&P and LCB (all genders)

**Date**:11 Jun 2024

**Location**: Vienna, Vienna, AT, 1020

**Company**:OMV Group

**Overview of the company**

**Overview of OMV**
- As one of Austria's largest listed industrial companies and a global energy and chemicals group, OMV is working on answers to address the challenges of climate change. The agenda is to become a leading supplier of sustainable fuels, chemicals and materials with a focus on circular economy solutions by 2030, and to be climate neutral by 2050 at the latest. This is the mission of our approximately 22,300 employees.- Sustainability: Our approach- In Chemicals & Materials, OMV through its subsidiary Borealis, is one of the world's leading providers of advanced and circular polyolefin solutions and a European market leader in base chemicals and plastics recycling. Together with its two major joint ventures - Borouge (with ADNOC, in the UAE and Singapore) and Baystar (with TotalEnergies, in the USA) - Borealis supplies products and services to customers across the globe. OMV's Fuels & Feedstock business produces and markets fuels as well as feedstock for the chemical industry, operates three refineries in Europe, and holds a 15% stake in a refining joint venture in the UAE. OMV operates around 1,700 filling stations in eight European countries. In the Energy segment, OMV explores and produces oil and gas in the four core regions of Central and Eastern Europe, Middle East and Africa, North Sea, and Asia-Pacific. Average daily production in 2022 amounted to 392 kboe/d. Its activities also include the Low Carbon Business as well as the entire gas business.- Our business**Your tasks**
- Being responsible for identifying, maturing, and executing portfolio opportunities (deal size of around 500 Mill Euros), providing legal, portfolio and commercial contract expertise and support to operated and non-operated assets and LCB development projects as well as for reviewing and optimizing contracts and agreements relating to Company’s operations, ensuring compliance of Company with the provisions of these contracts and agreements.
- Developing and maintaining relationships with relevant industry representatives, business stakeholders and authorities as well as providing advice on concession issues, legal risk analysis, drafting and negotiation of contracts governed by local law with service contractors, landowners, public authorities and institutions.
- Maintaining up to date knowledge of legal local standards of oil and gas industry practices as well as periodically reviewing the country strategy in line with company strategy, capture and screen new ideas and opportunities and liaising with senior management for maturation.
- Being responsible for the Commercial evaluation and negotiation of Joint Ventures, farm ins, farm outs, joint operating agreements, unit operating agreements, gas sales
- transportation
- and other commercial agreements as well as providing input into economic analysis of assets and projects to support Company’s strategies and investment plans.
- Developing negotiation strategies and deliver agreements/contracts for LCB as well as E&P business including License Agreements, JV Agreements, 3rd-party Infrastructure Agreements, HC Services Agreements, HC lifting & balancing Agreements, and Hydrocarbon Sales Agreements as well as commercial strategies to drive revenue growth and profitability in LCB and E&P business.
- Providing counsel to the business and senior management on commercial strategies as well as supporting Project Business case development & procurement contracting strategies.
- Managing and participating in JV Commercial Committees and support JV Management Committees in decision-making processes.
- Managing commercial risks and opportunities, leading or actively participating in negotiations for commercial contracts, utilizing market insights and strategies to secure favorable outcomes.
- Developing and structuring critical commercial agreements for LCB and E&P business, overseeing internal consultations for alignment as well as contributing expertise to LCB and E&P projects, including commercial due diligence and benchmarking commercial assumptions for informed decision-making.
- Conducting market research and analyses to identify sales opportunities, develop strategies, and drive value creation through commercial initiatives.

**Your profile**
- University Master’s Degree/Diploma in Business Administration, Finance, Economics, Legal, Engineering or similar.
- At least 15 years of relevant professional experience in the field of commercial contracts and negotiations as well as in commercial strategies.
- Extensive knowledge across own and technical upstream disciplines.
- Excellent understanding of the business context, all interfaces and interdependencies and ability to manage complex workflows with other disciplines.
- Excellent communication, teamwork and interpersonal skills as well as strong fin