Commercial Specialist, Guyana & Suriname Job

Location:

Houston, Texas, US

Job Skill Group: Commercial

Date: Oct 15, 2024

HYBRID ELIGIBILITY

This position works a hybrid schedule, spending time remotely and in the office in Houston, TX. The current hybrid schedule provides flexibility to collaborate in the office Tuesdays through Thursdays and work from home Mondays and Fridays. With our 9/80 feature you get time off every other Friday when you work at least 80 hours over the preceding nine days.

Position Summary

Commercial Specialist (Guyana, Suriname, New Ventures) will report to the Sr. Commercial Manager (Guyana, Suriname, New Ventures) and is responsible for commercial contract management, agreement negotiation support, new venture activity monitoring, competitor analysis, stakeholder engagement, and commercial pricing analysis across Guyana, Suriname, and New Ventures. The ideal candidate will possess strong organizational skills with the ability to manage multiple tasks, develop internal and external stakeholder relationships, and work with multidisciplinary teams.

Roles & Responsibilities

Commercial Contract Administration
- Manage obligations and updates for Production Sharing Contracts, Joint Operating Agreements, Bidding Agreements, Crude Lifting Agreements, Confidentiality Agreements, and other commercial agreements in CLM and QLS systems.
- Administer ballot processes and approvals for the Guyana & Suriname region.
- Manage Authority to Negotiate (AtN) and Authority to Contract (AtC) approvals.
- Maintain asset summaries and update of Hess Model Form Agreements.

Commercial Negotiations Support
- Support the negotiation of commercial contracts and agreements, ensuring optimal terms are achieved within approved parameters.
- Monitor and coordinate new venture opportunity data room access
- Manage external presentation approvals (Hess and JV parties).

Economic & Pricing Analysis
- Assist in updating and maintaining economic models to support strategic decisions.
- Commercial pricing analysis.

Internal Corporate Reporting
- Support requisite internal reporting obligations, including annual reserve audits, and SEC 10K reporting to ensure accurate corporate filings.

Stakeholder Engagement
- Develop and maintain relationships with joint venture parties, governments, ministries, regulators, National Oil Companies (NoCs), and other key stakeholders.
- Support in-country influence and engagement strategies with JV parties, governments, ministries, and NoCs.
- Participate as Hess representative in the Stabroek JV Revenue Working Group, Crude Lifting Working Group, and other working groups as required.
Competitor Analysis
- Maintain competitor surveillance, intelligence, and analysis.

Qualifications

Experience

5+ years in upstream oil & gas value chain experience; exposure to commercial contracts, negotiations, and external JV stakeholder engagements a plus

Education, Training & Certifications

Bachelor’s degree required; MBA or Law degree a plus

Competencies

Leading at Hess refers to competencies considered absolute pre-requisites for success. How you deliver results is as important as what you achieve. Every employee is expected to demonstrate the behaviors within these competencies to be considered an effective performer and, ultimately, earn career growth opportunities.

Builds Trusted Relationships
Develops Talent
Creates Effective Teams
Thinks Strategically
Inspires Innovation
Demonstrates Courage
Drives Continuous Improvement
Makes Quality Decisions
Delivers High Performance

WHAT WE OFFER

Hess provides a comprehensive range of compensation and benefit programs that help you to take care of your health, protect your income, and build savings for the future. Our compensation philosophy is simple – we pay for performance. The better you and the company perform, the more you can earn. Here are a few highlights:

Base Salary

Base salaries are competitive, and market based, with pay increases based on objective measures and upward moves.

Annual Incentive Plan

Every employee participates in our Annual Incentive Plan, which awards a bonus based on how well we fare as a company on our annual performance scorecard and the person’s level of contribution.

All Employee Share Plan

All employees are Hess stockholders, so they share in the success they help create for the company. Shares are granted to new employees who do not receive stock as part of their compensation package.

Benefits

Hess cares about your well-being and wants to help you be your best self. That’s why we offer a compelling benefits package that’s among the best in our industry. Highlights include: medical, dental, and vision coverage; a health savings account; 401 (K) and pension plan; a nationally recognized wellness program; and company paid basic life and disability insurance.

Learn more about our programs at https://hessbenefits.com/.

Learning & Development

We believe in lifelong learning and provide a suite of on-demand and instructor-led learning opportunities, in addition to a tuition reimbursement program, designed to help you achieve your professional goals. Learning encompasses on-the-job interaction with highly skilled colleagues, self-guided study, training, mentoring and participation in formal networks (e.g., technical and employee resource groups.)

WHY HESS?

We aim to be the world’s most trusted energy partner. Modern life and continued human prosperity depends upon access to affordable and secure energy and all forms of energy are required for an orderly and just future. Hess is ideally positioned to provide low-cost oil and gas reliably to help meet the world’s growing energy needs in a way that protects the health and safety of our people, safeguards the environment, and makes a lasting positive impact in the communities where we do business.

Everything we do is guided by six core values - Integrity, People, Performance, Social Responsibility, Value Creation, and Independent Spirit, from how we treat our employees to how we interact with our neighbors, suppliers and business partners. They are the basic building blocks of our culture and represent our company's collective conscience. While our strategy changes over time based on business conditions, our values are enduring.

We are an industry leader in the Bakken shale play in North Dakota, one of the largest producers in the deepwater Gulf of Mexico and a critical natural gas producer and supplier to Malaysia and Thailand. Our exploration and appraisal activities are offshore Guyana, one of the industry’s largest oil discoveries in the past decade, as well as in the Gulf of Mexico and Suriname.

We are recognized around the world as an industry leader in environmental, social and governance performance and disclosure.

Hess provides challenging and rewarding opportunities for personal growth. We are always looking for talented professionals who share our values and are passionate about making a difference in the world and in their careers. Unlike much larger companies, we are agile and every member of the team, regardless of level or position, plays an important role.

We invite you to learn more about what makes us a special place to work. Click here (www.hess.com)

Hess is committed to diversity, equity and inclusion. We are an affirmative action and equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or genetic information. Hess is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, click here or send an email to MyHR@Hess.com.