Senior Commercial Advisor

Spirit Energy; Aberdeen City; On-site; GBP 65,000 - 101,000; Full time

Job summary

Spirit Energy in Aberdeen is recruiting a Senior Commercial Advisor to lead commercial execution for energy transition projects, including MNZ carbon storage. You will negotiate and draft major agreements, manage stakeholder relationships and drive value through structured commercial models.

The role requires a degree in engineering, energy or economics, strong modelling skills, and a track record in CCUS policy. The contract is 1 year PAYE with day rate to be agreed.

Qualifications

• Degree in engineering, energy, economics, or related discipline.
• Postgraduate qualifications and/or professional accreditation (e.g., CEng, CFA, APM) are advantageous.
• Strong understanding of project economics, financial modelling, and scenario modelling (NPV, IRR).
• Deep expertise in CCUS policy and business models, specifically the Regulated Asset Business carbon transport and storage model.
• Subject matter expert in energy market structures and the regulatory regime for CCS and other new energies opportunities.
• Familiar with a broad range of energy industry commercial structures including Joint Operating Agreements, Joint Development Agreements, Study Agreements, MOUs, Confidentiality Agreements, Power Purchase Agreements, Transport and Offtake Agreements, subsidy frameworks and tariff structures.
• Familiar with key business development processes.
• Competent in MS Office Suite including Excel modelling capability.

Responsibilities

• Lead negotiator for the agreement suite underpinning TRI model and related regimes.
• Support participation in government funding and subsidy processes.
• Set strategy, secure mandate, and negotiate commercial agreements with customers and value chain participants.
• Support contract owners to ensure commercial relationships with customers and value chain participants remain in compliance with governing agreements.
• Responsible for financial securities planning and implementation.
• Oversee Barrow Gas Terminal/Barrow Energy Park third party land requests and planning matters.
• Stay abreast of evolving energy transition landscape, policy, regulation, and investor sentiment to position projects for success.
• Support day-to-day management of relationships with DESNZ, HMT, DBT, Ofgem and LCCC.
• Provide CCS policy and regulation insights and support consultation responses.
• Manage interface with external legal counsel and specialist commercial advisors.
• Actively seek value-adding opportunities and present ideas to Leadership Team.
• Any other associated duties as reasonably required.

Skills

Negotiation

Financial modelling

Scenario modelling

CCUS policy

Energy markets

Regulatory CCS

MS Office / Excel modelling

Project economics

Education

Degree in engineering, energy, economics, or related discipline

Postgraduate qualifications (CEng, CFA, APM) advantageous

Tools

MS Office Suite

Job description

HAVE YOU GOT SPIRIT? Succeeding in today's energy world requires collaboration, agility and the audacity to do things differently. At Spirit Energy, we seek to challenge what has been accepted, rethink the way our sector operates and create a new style of operator. It takes a diverse range of skills, experience and talent to deliver these aspirations and our people will be the force to get us there. If you are ready to take the next step in your career with a progressive and energetic team, then we are ready to hear from you.

THE OPPORTUNITY - SENIOR COMMERCIAL ADVISOR - ENERGY TRANSITION/MNZ

Provides commercial subject matter expertise to enable the commercialisation of Spirit’s portfolio of energy transition opportunities, including the MNZ carbon storage project in collaboration with Peak Cluster, formation of an integrated CO2 shipping hub, and Barrow Energy Park. Responsible for the negotiation, drafting, execution, and day-to-day management support of commercial agreements.

Location: Aberdeen

Duration: 1 year contract

Contract Type: PAYE

Day Rate: TBC

For your application to be progressed, please ensure you provide a PAYE day rate banding expectation - Please only apply if you have existing right-to-work in the UK. - Please outline notice period/availability to start.

IN ROLE, YOU WILL BE REQUIRED TO:

• Subject matter expert and lead negotiator for the agreement suite underpinning the Regulated Asset Business carbon transport and storage model including the T&S Regulatory Investment (TRI) Model, Government Support Package and Revenue Support Agreement.
• Support participation in government funding and subsidy processes.
• Responsible for setting the strategy, securing the mandate, and negotiating commercial agreements with customers and value chain participants in alignment with Shareholder and Leadership Team expectations.
• Support contract owners to ensure commercial relationships with customers and value chain participants remain in compliance with governing agreements.
• Responsible for financial securities planning and implementation.
• Management of Barrow Gas Terminal/ Barrow Energy Park third party land requests and planning matters.
• Remain abreast of the evolving energy transition landscape, including policy, regulatory framework, and investor sentiment to be position DevCo’s projects for success.
• Support day-to-day management of relationships with key project stakeholders including DESNZ, HMT, DBT, Ofgem and LCCC.
• Provide CCS policy and regulation expert insights and supports consultation responses.
• Manage the interface and contract with external legal counsel.
• Manage the interface and contract with specialist commercial advisors.
• Actively seek out value adding opportunities and present ideas for the consideration of the Leadership Team.
• Any other associated duties as reasonably required.

ABOUT YOU

• Degree in engineering, energy, economics, or related discipline.
• Postgraduate qualifications and/or professional accreditation (e.g., CEng, CFA, APM) are advantageous.
• A strong understanding of project economics, financial modelling, and scenario modelling (NPV, IRR, etc.).
• Deep expertise in CCUS policy and business models, specifically the Regulated Asset Business carbon transport and storage model.
• Subject matter expert in energy market structures and the regulatory regime for CCS and other new energies opportunities.
• Familiar with a broad range of energy industry commercial structures including but not limited to Joint Operating Agreements, Joint Development Agreements, Study Agreements, Memorandums of Understanding, Confidentiality Agreements, Power Purchase Agreements, Transport and Offtake Agreements, subsidy frameworks and tariff structures.
• Familiar with key business development processes.
• Competent in MS Office Suite including Excel modelling capability.

In addition to technical knowledge and credibility, we are searching for a someone who lives our values of Agility, Collaboration, Courage, Care and Delivery, enables and supports change and brings fresh and dynamic thinking.

TEAM SPIRIT

At Spirit Energy we don’t just talk about diversity and inclusion – we take action to champion it at every level of our business. We support flexible and part time working, we seek and recruit talent from every avenue and we actively support and encourage personal development and promotion. We deliver technical excellence and celebrate our successes together.

We are a truly pioneering energy transition company with a portfolio and ambitions that span the breadth of the energy transition. We're continuing to break new ground, collaborating and thinking differently. We're proud of our heritage. With more than 30 years of production, we're maximising the potential of our existing assets and substantial gas reserves in the UK and Netherlands.

Above all, we live by our commitment to safety in everything we do. Our portfolio is predominantly gas (96%), providing vital, primary energy to fuel our homes and businesses in the UK and Europe.

OUR STRATEGY IS FOCUSED ON:

• Safely delivering production from our existing assets;
• Meeting and de-risking our decommissioning obligations, and
• Exploring strategic energy transition opportunities from our existing assets.