Global Oil Gas Senior Commercial Business DevelopmentSpecialist

This role required candidate topermanently relocate at Dhahran SaudiArabia.

This rolewould be noted as Business DevelopmentSpecialist.

Aboutthe Company

This companyengages in the exploration production transportation and sale ofcrude oil and natural gas. It operates through the followingsegments : Upstream Downstream and Corporate.

The Upstream segmentincludes crude oil natural gas and natural gas liquids explorationfield development and production. The Downstream segment focuses onrefining logistics power generation and the marketing of crude oilpetroleum and petrochemical products and related services tointernational and domestic customers.

The Corporate segment offerssupporting services including human resources finance andinformation technology. The company was founded on May 29 1933 andis headquartered in Dhahran Saudi Arabia.

Job Summary

We areseeking a Commercial / BD Specialist to join the Strategy BD &Market Impact Division of the LTC Business & ProjectDevelopment Department.

The Strategy BD & Market ImpactDivision is responsible for four main areas : Strategy &Business Development Market Intelligence Economical & Financialanalysis and general program support.

The Commercial / BD Specialistprimary role is to bring insights into various Oil Gas / Petchemmarkets and sectors to uncover and develop business opportunitiesthat would lead to one of several transaction types namely merger& acquisition joint venture partnership divestitures and / orthirdparty outsourcing projects.

• Helps in sourcing screeninganalyzing planning and developing new business ventures or aportfolio of ventures; provides highlevel professional expertise inthe development and management of new business ventures;
• assistsDepartment in leading business portfolios and managing developmentof commercial agreements; providing administrative direction toanalysts in reviewing legal documents;

supports projects inmanaging negotiation strategy and execution.

Responsibilities :

• Possess strong commercial acumen andadaptability to navigate in a changing businesslandscape.
• Assess and recommendcommercialization roadmaps for graduated projects.
• Generate new business ideas and evaluate theirfeasibility.
• Screen independent businessproposals using strategic and technical criteria to prioritizeopportunities aligned with the LTC strategy.
• Provide functional expertise to evaluate capabilities andrisks of proposed ventures.
• Lead and / orsupport negotiations of agreements with externalparties.
• Mentor train and develop youngprofessionals in the field.
• Have a proactivemindset and the ability to identify and capitalize on businessopportunities.

Requirements :

• This role required candidate topermanently relocate at Dhahran SaudiArabia.
• Hold a Bachelors degreein Engineering Economics Business Administration Accounting Financeor a closely related specialty.

An MBA or relevant advanced degreeis highly preferred.

• Possess at least 15 yearsof professional experience in business development.
• Demonstrate a strong track record in conducting economicand commercial evaluations for major chemicals and refiningprojects.
• Have a deep understanding ofassociated operations and the integration of assets within theindustry.
• Possess expertise or knowledge inconducting technoeconomic feasibility studies.
• Have knowledge and experience in venturing activitiessuch as commercialization spinoffs or joint venturing.
• Familiarity with project development processes andmethodologies.

ChemicalBiology,Chemical