Principal Commercial Oman New Ventures Jobs at Petroleum Development Oman (PDO)

Petroleum Development Oman (PDO) is the cornerstone of the energy sector in the Sultanate of Oman and a major contributor to the national economy. The company is announcing an exceptional career opportunity for ambitious professionals to join its dynamic team in the position of Principal Commercial for Oman New Ventures. This role represents a pivotal function in exploring and developing new strategic business opportunities that support the company's vision for sustainable growth and innovation.

Job Description and Key Responsibilities

The successful candidate will be responsible for leading and developing new commercial initiatives within the "Oman New Ventures" scope. They will operate in a strategic environment requiring a deep understanding of the oil and gas sector, its associated value chains, and the broader energy landscape. Key responsibilities include:

• Strategic Leadership: Identifying, evaluating, and developing new and innovative business opportunities aligned with PDO's long-term strategic objectives and Oman's economic diversification plans.
• Project Development: Leading projects from the initial ideation phase through to maturity, including conducting feasibility studies, risk analysis, and developing financial business models.
• Commercial & Financial Analysis: Preparing detailed financial and economic analyses for proposed projects, including cash flow modeling, Internal Rate of Return (IRR) calculations, and Net Present Value (NPV) assessments.
• Stakeholder Management: Building and managing strategic relationships with potential partners, contractors, suppliers, and government stakeholders to support the execution of new ventures.
• Negotiation: Leading or supporting the negotiation of commercial agreements and contracts with partners and contractors.
• Reporting: Providing clear and concise reports to senior management on project progress, recommendations, and projected financial outcomes.

Qualifications and Essential Requirements

To be a successful candidate for this leadership role, you should meet the following criteria:

• Educational Background: A Bachelor's degree in Engineering (Chemical, Mechanical, Petroleum) or a related field such as Business Administration or Finance. A Master's degree in Business Administration (MBA) or a higher qualification is a strong competitive advantage.
• Professional Experience: A minimum of 10 to 15 years of experience in the oil & gas or energy sector, with a strong focus on business development, strategic planning, or commercial project management. Prior experience in a leadership role within new ventures or investments is essential.
• Technical Skills: A deep understanding of the technical and economic aspects of oil and gas projects, including exploration, production, and processing operations. Advanced skills in financial modeling and data analysis.
• Personal Skills: Excellent leadership and management capabilities. Effective communication and interpersonal skills at all levels, with the ability to deliver compelling presentations. Strong analytical and strategic thinking. Ability to work in a multicultural environment and manage diverse stakeholders.
• Language: Proficiency in written and spoken English is essential. Knowledge of Arabic is an additional advantage.

Work Location and Benefits

• Job Location: Sultanate of Oman.
• Job Type: Full-time.
• Company: Petroleum Development Oman (PDO), a leading energy company with a global reputation.

PDO offers a stimulating and competitive work environment with a comprehensive remuneration package in line with global energy sector standards, reflecting the seniority and significant responsibility of this role.

How to Apply for the Position

Applications for this position are typically submitted via specialized online job platforms such as Naukrigulf. Please search for the job under the title "Principal Commercial Oman New Ventures" or "Engineering Jobs at PDO". Ensure your Curriculum Vitae (CV) is updated to highlight the relevant experience and skills mentioned above, including your quantifiable professional achievements. Given the seniority of this role, the selection process may involve multiple interview rounds with top management.

This is an exceptional opportunity for experienced professionals to join a leading national company and contribute directly to shaping the future of energy and investment in the Sultanate of Oman.