Overview

Vice President Transactions Jobs in Abu Dhabi – UAE at Abu Dhabi National Oil Company

Title: Vice President Transactions

Company: Abu Dhabi National Oil Company

Location: Abu Dhabi – UAE

Type: Full Time

Category: Management

Vice President Transactions

JOB PURPOSE:
Lead the development and manage implementationof effective project and deal delivery across HQ managed Downstreamprojects. Develop and implement evaluation & structuringmethodologies aimed at future partnerships and collaboration withthird party investors in local and international businessactivities including refining, petrochemicals and fertilizerssegments. Engage and work constructivelywithin ADNOC and with Joint Venture partners to achieve alignmentwith relevant internal & external stakeholders throughoutthe deal process.

Develop, structure andnegotiate opportunities in a way that has a strong strategic fitwith the endorsed Downstream strategy through the entire deal cyclewith the aim of successful culmination in the form of formalagreements and FID decision on projects.

Develop & foster formal and informal networkswithin the petrochemical industry at a global level with theobjective of understanding & identifying opportunities& threats to ADNOC, and proactively using the knowledge tobring value to ADNOC.  KEYACCOUNTABILITIESTeam level Vice President and Head of the Commercial andtransactional project team within the DS PDO. Accountable fortaking all necessary actions pertaining to the successful deliveryof the Downstream strategic project portfolio.

Reports to the ADNOC SVP Downstream Project Delivery.

Provides direction and advice to all ongoing Downstream projectswithin the PDO program on Valuations, Finance matters, transactionstructuring, Negotiations and Legal support.
Project

Level  Co-operate withthe SBD function in Downstream on various opportunities fordevelopment and operation of new projects and joint ventures inorder to select the best options. Follow up the plan and ensureresourcing and implementation of the approved projects.

Explore mutual areas of interest with potential partnersand develop good working relationship, which may lead to newprojects and joint venture development. This involves advising andfacilitation with ADNOC directorates on various activities tofulfil ADNOC Downstream strategic requirements.initiate and lead techno-economic feasibility studies,including pre-FEED and FEED studies of new projects to delivergrowth and economic value from Downstream projects.

Ensure consistency and progress in the execution of thedownstream strategic projects through engagement with ADNOCExecutive Office and with the Business Line Operating Companies inthe development of their planning and execution of strategicinitiatives. Work closely with otherdepartments within downstream (petrochemical, refining, strategyetc.) to support portfolio development/growthapproaches. Work closely with Legal,F&I and other functional departments within the Downstreamto ensure project staffing and support.

Develop consistent and realistic long and short-termoperational plans for the PDO in line with the Unit / Directorateobjectives and manage the implementation of the approved long andshort-term plans. Ensure these are effectively converted intoperformance objectives to realize the Unit / Directorate Objectivesand established service levels.
Develop

Budgets, Policies, Systems, Processes &Procedures  Developand manage the Department annual budget in line with theUnit/Directorate’s business objectives and operationalplans ensuring that adequate funding provision is made for allDepartment activities. Monitor expenditureagainst approved Department budget on a regular basis; investigate,highlight and reconcile any significant varia…

 

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