Principal Contracts Specialist

McDermott International, Ltd; Greater London; On-site; GBP 90,000 - 130,000; Full time

Job summary

McDermott International, Ltd is seeking a Principal Contracts Specialist to guide the contractual and commercial aspects during large-scale EPCI projects in the energy sector. The role reports to the Project Contracts Manager and requires strong negotiation, risk assessment, and change management capabilities.

You will work with a multi-disciplinary team to ensure timely contract amendments, accurate reporting, and adherence to lifecycle processes from design through installation, aligning with

Qualifications

• Minimum 7+ years of project execution experience in the energy and/or construction industries.
• Bachelor's degree in a relevant discipline is preferred.
• Proven experience in EPC/EPCI contract management.
• Strong negotiation and communication skills.
• Proficient in contract management software and MS Office.

Responsibilities

• Support the Project Contracts Manager in implementing a project’s contractual/commercial strategy throughout project execution.
• Assist Project Contracts Manager in disseminating contract requirements within the project team.
• Identify critical or sensitive contractual issues and assist in resolving them.
• Develop effective working relationships with the Client team to ensure timely resolution of contractual issues.
• Support the change management process and lead change management meetings as needed.
• Assist in negotiations with Client and work towards timely resolution of change orders and amendments.
• Administer contractual correspondence to preserve McDermott’s contractual rights.
• Support the preparation of weekly/monthly project progress reports and risk management processes.

Skills

Contract management

Negotiation

EPC/EPCI

MS Office

Change management

Stakeholder management

Education

Bachelor's degree in Engineering or related field

Tools

Contract management software

Job description

Job Overview

Reporting to the Project Contracts Manager, the Principal Contracts Specialist will assist in addressing all contractual and commercial issues encountered during the execution phase of large-scale, complex engineering, procurement, construction, and installation (EPCI) projects.

Job Description

Job Overview

Reporting to the Project Contracts Manager, the Principal Contracts Specialist will assist in addressing all contractual and commercial issues encountered during the execution phase of large-scale, complex engineering, procurement, construction, and installation (EPCI) projects.

Responsibilities

Key Tasks and Responsibilities:

• Support the Project Contracts Manager in the implementation of a project’s contractual / commercial strategy throughout project execution
• Upon project award, assist the Project Contracts Manager in disseminating contract requirements within the project team
• Assist Project Contracts Manager in identifying critical or sensitive contractual issues
• Assist the Project Contracts Manager in developing an effective working relationship with Client team to ensure timely resolution of contractual issues
• Support the project team to establish the change management process, setting a culture of change identification
• Lead / participate in change management meetings to identify changes that may result in entitlement for compensation and / or schedule relief
• Assist Project Contracts Manager with Client negotiations and working towards the timely resolution of change orders and contract amendments
• Assist in the administration of all contractual correspondence with the Client including the timely release of notification required to ensure McDermott’s contractual rights are preserved
• Support preparation of project weekly and monthly progress reports for internal and external distribution as per internal and Contract requirements
• Support the project risk and opportunity management processes

Qualifications

Essential Qualifications and Education:

• Minimum 7+ years of project execution experience in the energy and / or construction industries. University degree in Law, Engineering, Construction Management, or similar is preferred
• Typically requires a bachelor’s degree in a relevant discipline such as Engineering, legal, Commercial or Quantity Surveying and and 7 years of Contracts Management experience in addition to other functional experience
• Proven experience in contract management within the Engineering Procurement Construction and Installation (EPC/EPCI) industry, in the areas of Energy Transition, Onshore, or Offshore or Subsea and Floating Facilities (FPSO/FPU)
• In-depth knowledge of EPC/EPCI project lifecycles, including design, procurement, construction, and installation phases
• Is able to build rapport with and gains respect from employees with varied experience and background
• Familiarity with industry-specific terminologies, contracts, and standards
• Strong negotiation skills with a focus on achieving mutually beneficial outcomes
• Ability to analyze complex contract requirements and identify potential risks
• Excellent verbal and written communication skills, enabling effective collaboration with diverse stakeholders
• Proficient in using contract management software and MS Office Suite
• Detail-oriented with strong organizational and time management skills
• Ability to work under pressure, multitask, and meet tight deadlines

About Us

Our ingenuity fuels daily life. Together, we’ve forged some of the most trusted partnerships across the energy value chain to make what was once just an idea a reality: laying subsea infrastructure thousands of feet below sea level, installing platforms hundreds of miles from shore, using our expertise to design and build offshore wind infrastructure, and reshaping the onshore landscape to deliver the energy products the world needs safely and sustainably. For more than 100 years, we've been making the impossible possible. Today, we're driving the energy transition with more than 30,000 of the brightest minds across 54 countries.