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Jadestone Energy

Contract Engineer

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Job Description

Jadestone Energy is an independent oil and gas production company focused on the Asia Pacific region. In 2021, Jadestone acquired SapuraOMV's assets in Peninsular Malaysia. These assets include interests in four licenses, two of which Jadestone has operated since the 2021 acquisition. These include a 70% operated interest in the PM329 PSC, containing the East Piatu field, and a 60% operated interest in the PM323 PSC, which contains the East Belumut, West Belumut and Chermingat fields.

In addition, Jadestone acquired a 50% non-operated working interest in the PM318 and AAKBNLP PSCs, which were operated by PETRONAS Carigali. Jadestone assumed operatorship and full interest of those two PSCs early 2023 and is now engaged with PETRONAS on a path to unlocking additional value through these assets.

Outside of Malaysia, the Company has a 100% operated working interest in the Stag oilfield and in the Montara project, both offshore Australia. Both the Stag and Montara assets include oil producing fields, with further development and exploration potential. The Company also has a 16.67% non-operated interest in the North West Shelf Oil Project offshore Western Australia, comprising four oil fields containing significant upside potential through potential infill drilling and life extension activities.

Further, the Company has a 100% operated working interest in two gas development blocks in Southwest Vietnam, and an operated 100% interest in the Lemang PSC, onshore Sumatra, Indonesia, which includes the Akatara gas field development, where first production is expected in the first half of 2024. Most recently, the Company acquired a non-operated 9.52% interest in the Sinphuhorm producing gas field onshore Thailand.

Led by an experienced management team with a track record of delivery, who were core to the successful growth of Talisman's business in Asia, the Company is pursuing an acquisition strategy focused on growth and creating value through identifying, acquiring, developing and operating assets in the Asia Pacific region. Jadestone Energy plc is listed on the AIM market of the London Stock Exchange (AIM: JSE). The Company is headquartered in Singapore, has its principal technical team in Kuala Lumpur and country operational offices in Perth, Jakarta and Ho Chi Minh City.

Who are we looking for

Individuals who are passionate, enthusiastic and provide critical expertise to drive Jadestone Energy's growth, strategy and value generation. As a company with multiple core operating areas in the Asia Pacific region, it is important that all our employees are culturally sensitive and respectful of others.

Jadestone Energy is committed to reducing our environmental footprint whilst bringing the social and economic benefits of our industry to the countries in which we operate. Employees are expected to value this commitment whilst always delivering safe and efficient operations across assets, cultures and geographies.

What we offer

An exciting and highly nimble work environment where employees will collaborate with a diverse international team who will encourage them to learn, grow, challenge themselves and show their entrepreneurial spirit.

At Jadestone Energy, you will join a company with a leadership team that has a proven industry track record of success. Jadestone Energy is a new and exciting company, with a pioneering spirit where individuals can truly make a difference and flourish.

Position Purpose

Provide contracts and commercial support to the organisation's Operations, Projects, Drilling and Corporate functions by preparing, negotiating, awarding and administering services and supply contracts and providing advice on optimal contracting and commercial engagement strategies in accordance to company's contracting and procurement procedures and in adherence to Petronas PTCAM standards.

Principle Accountabilities

  • Plan and execute strategy for the procurement requirements in terms of materials and services, through projects synergy, contract integration, joint tendering where applicable for Economies of Scale (EOS) and any other acceptable strategy to achieve value savings for the company
  • Implement in an expeditious manner, the execution of procurement of materials and services through synergistic procurement modeling/strategy, preparation of bid document package, participate in the tendering, clarification & evaluation of tenders, contract award negotiation and finalize the documentation of contract agreement in compliance to PETRONAS and COMPANY's Tendering and Contracting procedures to meet project schedules to avoid project deferment
  • Act on urgent & ad-hoc requirements & resolve issues to provide total quality solutions through optimization of available resources, effective planning and coordination works, evaluation and elimination of business risks or exposure due to the urgent requirements and ensuring no compromise to the quality and/or projects schedules
  • Prepare COMPANY and PETRONAS Tender Committee papers (Tender Plan, Technical Evaluation Report, Commercial Criteria, Recommendation for Award) in collaboration with end users & PETRONAS representatives and to meet project schedules to ensure tender papers are according to COMPANY and PETRONAS standard
  • Assist in the continuous improvement of contracting and procurement processes, procedures and templates.
  • Ensure tendering, procurement and contracting activities are carried out in compliance with the Company management system
  • Identification, pre-qualification and ongoing management of service providers and suppliers
  • Review and provide input to technical work scopes with a view to minimizing commercial risks
  • Assist with negotiating terms and conditions, commercial provisions and rates with suppliers and service providers
  • Ensure the contracts register and all contracts and variations are up to date and filed in SharePoint
  • Ensure that recommendations for award are in line with Company processes and policies.
  • Preparation of contracts, commercial provisions and variations.
  • Provide guidance to internal clients on appropriate contracting and procurement strategies.
  • Participate as part of the rostered members of the Incident Management Team.

Position Holder Requirement

  • Minimum of 8 years experience in a contracts discipline, preferably in an operational offshore oil and gas environment (desirable)
  • Working knowledge of Petronas PTCAM requirements.
  • Experience in negotiation, management and administration of contracts.
  • An understanding of liability, indemnity and insurance issues related to offshore oil and gas operations, construction and drilling.
  • Experienced in tendering and supplier pre-qualification processes.
  • Experienced in complex contract and commercial negotiations.
  • Solid understanding of legal and commercial terms and conditions in contracts.
  • Experienced in the application of complete end-to-end supply chain processes with a background in O&G operations, drilling and/ or logistics will be looked upon favourably.
  • Ensure Company contracts and procurement processes and policies are upheld.
  • Ensure that the optimal total cost of ownership outcome is secured.
  • Ensure all contracts are validly executed and filed.
  • Ensure the Company strategic objectives are met for all contracts and procurement activities.

More Info

Industry:Other

Function:Oil and Gas

Job Type:Permanent Job

Skills Required

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Date Posted: 20/11/2024

Job ID: 100997405

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