Principal Joint Ventures Growth & Development

Oman Refinery; Muscat; On-site; OMR 80,000 - 120,000; Full time

Job summary

Oman Refinery is looking for a seasoned professional in Muscat with over 10 years of experience in Petroleum Engineering to lead evaluations of Joint Venture assets. The role involves providing expert input on asset strategies and conducting rigorous asset management to optimize economic recovery.

Candidates should possess a Bachelor’s degree in Petroleum Engineering and strong analytical skills. Proficiency in English and a collaborative mindset are essential for engaging with various stakeholders effectively.

Qualifications

• 10+ years of experience in Geoscience, Petroleum Engineering, or related fields.
• Excellent knowledge of written, read, and spoken English; Native Arabic preferred.
• Strong written and verbal communication skills with report writing experience.

Responsibilities

• Provide authoritative input on asset development plans and strategies.
• Champion rigorous asset management and drive optimization for maximum economic recovery.
• Lead evaluations of requests for proposals for professional services.

Skills

Analytical skills

Strategic thinking

Interpersonal skills

Communication skills

Knowledge of upstream oil and gas economics

Education

Bachelor’s degree in Petroleum Engineering or related field

Postgraduate qualification (MSc or MBA)

Tools

MS Office (Excel, PowerPoint, Word)

Job description

Drive and deliver expert-level evaluation of growth and development projects across Joint Venture assets encompassing organic growth initiatives, integrated technical reviews, Field Development Plan assessments, cost allocation reviews, and asset technical data validation. Apply mastery of petroleum engineering and commercial frameworks to monitor and critically assess the performance of multiple JV assets operated by joint venture partners and International Oil Companies (IOCs) ensuring OQEP’s interests are protected and value is maximized.

Responsibilities

• Provide authoritative input on asset development plans and strategies, technical reserves estimation, Work Programs, budgets, and business performance targets while ensuring full alignment with agreed Field Development Plans, approved budgets, EPSAs, and JOAs.
• Champion rigorous asset management, due diligence, and reservoir surveillance plan reviews to drive optimization for maximum economic recovery across OQEP’s Joint Ventures portfolio.
• Lead multi‑discipline assessments for joint venture assets with primary focus on petroleum engineering evaluations and analysis, including asset performance and business reviews.
• Represent OQEP in technical official meetings with JV partners and government authorities, providing expert input and safeguarding OQEP’s interests.
• Analyse and critically evaluate the performance of OQEP JV assets, ensuring alignment with agreed field development and reservoir surveillance plans proposed by the operator and driving optimization for maximum economic recovery.
• Develop, in collaboration with relevant functions, alternative development strategies to address market changes, disruptions encountered, or anticipated shifts in the operating environment.
• Review and validate technical reserves estimation and reporting related to JV assets, ensuring accuracy and alignment with industry standards.
• Scrutinise upstream exploration and development investment expenditures and, in conjunction with the operator, ensure that asset value to stakeholders is preserved and enhanced.
• Develop and recommend cost‑effective, performance‑enhancing solutions to support asset development decision‑making at the JV level.
• Develop and critically review production and cost forecasts for JV assets, ensuring robustness and alignment with business planning requirements.
• Continuously monitor all JV growth and development projects, proactively identify improvement opportunities, and provide well‑founded recommendations to management.
• Lead the evaluation of requests for proposals for professional and contracted services, assess submissions, formulate award recommendations, and oversee contract administration to ensure compliance and service quality.
• Lead JV audit reviews and cost and production allocation reviews, ensuring OQEP’s position is accurately represented and protected.
• Lead due diligence assessments of JV asset facilities and infrastructure to safeguard OQEP’s investments and inform strategic decisions.
• Lead reviews of JV asset Field Development Plans, providing expert technical and commercial input to optimize outcomes for OQEP.
• Contribute to other JV matters of a similar nature as directed by the line manager across Internal Joint Ventures, Exploration, Business Development, Finance, Legal, and other relevant Commercial functions, and External JV partners, IOCs, Government ministries and regulatory authorities, external consultants and advisors.

Qualifications

• Bachelor’s degree in Petroleum Engineering, Geoscience, or a related engineering discipline (required).
• Postgraduate qualification (MSc or MBA) is preferred.
• 10+ years of experience in Geoscience, Petroleum Engineering, or related fields.
• Excellent knowledge of written, read, and spoken English (required); Arabic – Native (desirable).
• Strong analytical and strategic thinking skills with the ability to evaluate JV growth opportunities and translate findings into actionable recommendations.
• Excellent interpersonal and stakeholder management skills, with the ability to influence and engage JV partners, internal functions, and senior leadership.
• Strong written and verbal communication skills, including report writing and executive‑level presentation.
• Ability to work independently and manage multiple workstreams simultaneously with minimal supervision.
• Results‑oriented with strong planning and prioritization capabilities.
• Commercial acumen with sound judgment in assessing risk and opportunity.
• Collaborative mindset with ability to contribute effectively within multidisciplinary teams.
• Computer literate with proficiency in MS Office (Excel, PowerPoint, Word).
• Knowledge of upstream oil and gas economics, commercial frameworks, and JV governance structures.
• Familiarity with Joint Operating Agreements (JOAs), EPSA/concession agreements, and JV reporting requirements.
• Ability to conduct technical and commercial feasibility assessments for growth opportunities.
• Experience in business planning, forecasting, and performance tracking in a JV or upstream context.
• Understanding of petroleum engineering fundamentals as they relate to JV asset performance and planning.
• Financial modelling and investment analysis skills.