Company Info
Large organization
200 + Employees
Nestoil Plc was incorporated in Nigeria in 1991 for the provision of Engineering, Procurement and Construction (EPC) services to the energy and oil & gas industry.
Nestoil Plc was incorporated in Nigeria in 1991 for the provision of Engineering, Procurement and Construction (EPC) services to the energy and oil & gas industry. Since then, Nestoil has grown to become the leading indigenous EPC provider for major IOCs (International Oil Companies) in Sub-Saharan Africa like National Petroleum Company (NNPC) Shell, Exxon Mobil, Chevron, Total, etc.
1). Sourcing Coordinator
Location: Lagos
Employment Type: Full-time
Job Description
- We’re on an evolutionary journey where we’re changing our story. We are looking to hire an experienced Sourcing Coordinator to join our diverse team in our Company.
- In this role, you will work closely with our Strategic Business Units (SBUs) and departments across the Group.
- The primary role of the Sourcing Coordinator appointed by the Company is to take on the responsibility for sourcing, contracts and procurement activities in the company.
Responsibilities
As a Sourcing Coordinator, you will be responsible for:
- Carrying out contracting process (from strategy formulation to contract award) in accordance with company policies.
- Ensuring contracts are drafted in accordance with approved model contracts and contribute to periodic review of same.
- Participating in negotiation either for dispute resolution/contractual exception and claim settlement or for generating savings.
- Maintaining a log of all savings generated for own contracts and obtains validation of such savings.
- Working closely with user departments in developing work scopes, prepare invitations to tender (ITT’s) and requests for quotations (RFQ’s), prepare tender and bid documents, Key Performance Indicator (KPI)
- Adapting standard and template documents to local conditions
- Providing professional advice and guidance on contractual matters to contract owners
- Staying abreast of contracts procedures best practices to provide improvement of contracts practices in the Company.
- Preparing and maintain an up-to-date list of qualified contractors/suppliers/potential tenders/contracts in order to perform market studies, analyze and assess all possible answers from the market
- Participating in the validation of the contract’s strategy through:
- Pre-qualifying bidders, defining target prices
- Defining criteria for evaluation
- Establishing Call-For-Tender (CFT) commercial documents, prepare and circulate the dossiers of pre-consultation and Standard/Complex invitations to bid. Ensure the application and respect of the procedures in the tender process
- Verifying the Terms & Conditions (standard, general and financial)
- Conducting the Terms & Conditions bid analysis and negotiation for the best interest of the Company, creating a clear definition of responsibilities and documents together with the DUET counterpart.
- Championing the periodic contractor’s performance review and document
Requirements
What are we looking for?
- Minimum of a First Degree in Engineering.
- All relevant Procurement certifications.
- Minimum of 10 years work experience in the oil & gas production/drilling company.
- Excellent knowledge of end to end procurement process specifically in an oil and gas producing/drilling company
- Must have experience at C&P operational level
- Good understanding of drilling completion , oil production process and other technical services
- Must have strong commercial and business skills including claims management and contract re-negotiations
- Ability to manage all stakeholders including Federal Government Agencies (e.g. NNPC, NPDC, NCDMB)
- Must have experience at C&P operational level
- Good understanding of drilling completion , oil production process and other technical services
- Excellent negotiating skills
- Ability to handle multiple tasks and good organizational skills.
- Highly motivated and the ability to work under tight deadlines.
- Commitment to work outside office hours.
- Proficiency in MS Office Suite (Word, Excel and Power Point)
- Language proficiency and good communication skills both written and verbal.
- Knowledge of/ability to cope in Niger Delta region.
Application Closing Date
Not Specified.
===
===
2). Planning, Economics & Commercial Manager
Location: Lagos
Employment Type: Full-time
Job Description
- We are on an evolutionary journey where we’re changing our story. We are looking to hire an experienced Planning, Economics & Commercial Manager to join our diverse team in our Company.
- In this role, you will work closely with our Strategic Business Units (SBU) and departments across the Group.
- You will facilitate the process of compiling, documenting, and communicating short-, medium- and long-term expenditure, oil and gas production, operating expenditure plans, and tracking actual performance relative to plans.
- Provides quality decision analysis and clarity around the value propositions and profitability of investment opportunities to enable management to make the right investment decisions. Leads development and review of agreements and commercial negotiations.
Responsibilities
As a Planning, Economics & Commercial Manager, you will be responsible for:
- Facilitating the compilation of capital and operating expenditure plans, production forecasts, and planned downtime events from different departments. Aggregate information, and work with departments and management to prioritize and schedule activities/expenditures to fit budget guidelines.
- Developing short-, medium-, and long-term expenditure plans, oil, gas and water production forecasts, flare gas forecasts, and corresponding cashflow forecasts.
- Working with Joint Venture (JV) partners to gain alignment on JV priorities and budgets.
- Being involved in budget performance reviews and budget realignment activities with JV partners.
- Keeping abreast of alternative financing programs and ensure all Planning deliverables are met within the stipulated timelines.
- Implementing controls to ensure budget line owners do not exceed their budgets without appropriate approval process.
- Facilitating performance reviews to monitor the performance of departments and projects relative to budgets.
- Being familiar with relevant Nigerian fiscal terms including the Petroleum Profits Tax Act, Company Income Tax Act, and the Petroleum Industry Act.
- Building new economic models or revising existing models to ensure that the models capture the reality of the investments being evaluated.
- Collating, reviewing, and discussing input data and economic assumptions to undertake sound and profitability analysis for the OML 42 Asset.
- Carrying out economic and financial evaluations of investment proposals including development drilling, facility investments, and exploration drilling.
- Developing presentations to effectively communicate budgets, forecasts, economic analysis results and recommendations to both internal and external audiences.
- Performing any other required planning and economic analysis functions.
- Leading development and review of agreements and commercial negotiations.
Requirements
What are we looking for?
- Bachelor’s Degree in Finance / Economics / Engineering or any related numeric field.
- Minimum of 10 years’ experience in the oil and gas industry with a minimum of 2 years in a supervisory or higher position.
- Extensive experience in financial and economic modelling of oil and gas investments.
- Experience in planning or budgeting function would be an advantage
- Experience in negotiating commercial terms would be an advantage.
- Excellent skills in financial and economic modeling as well as investment appraisal
- Familiarity with economic modelling software or spreadsheet models
- Knowledge of oil & gas market and the key value drivers
- Highly developed analytical skills
- Good communication and interpersonal skills and able to work in cross-functional teams
- Well organized individual with proven ability to perform under pressure amidst competing deadlines.
Application Closing Date
Not Specified.
How to Apply: Interested and qualified candidates should use the links below to apply: