HEAD OF NEW VENTURES: NIGERIA

Spencer-Ogden - LAGOS

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Job description

I am currently on the Head Hunt for an exciting permanent position in Nigeria.   Ideally a Nigerian national will be preferred however I am not limited to this.  

The position is for Head of New Ventures.  I am looking for the ideal candidate,  who has a strong and broad background in Geoscience acquired at International and Independent Oil companies. You will be responsible for spearheading the growth of the company in new basins and blocks in Africa, as well as screening new acquisition opportunities in Nigeria.  

The New Ventures Manager will liaise with Exploration, Asset, Drilling and Production Managersand report to the Chief Operating Officer.  

My client is needing a very strong minded and knowledgeable individual who has worked both in Nigeria and Internationally. Understands the dynamics and characters of strong personalities and knows how to implement change where needed. You need to understand your parameters of work, and advise on the if not's and the why not's etc with sound knowledge.

I would like to hear from  you if you fit this profile and can confidently tick all the boxes, or very closely thereof.

Desired Skills and Experience

·        Nigerian, dual national preferred

·        Geoscience or reservoir engineering degree required

·        10 yrs. with top super-major (Exxon, Mobil, Shell, Schlumberger)

·        10 yrs. with top independent (Addax, Apache, Anadarko)

·        5 yrs. IOC expat assignment, ideally in US GOM / North Sea

·        Proven record of successful asset acquisition in new business development and M&A

·        Expertise in data room screening of new opportunities, technical and economic assessment

·        History of success in E&P projects in exploration, field development, asset management,M&A

·        Adept at government and partner relations, running teams

·        Competence in seismic (2d & 3d) acquisition, (re)processing, interpretation, gravity &magnetics

·        Competence with petroleum industry data bases (IHS) & platforms (Geoquest, SMT)

·        Excellent verbal, intellectual skills, numerate, personable, backbone, integrity, transparency 

About this company

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My client company is part of a privately owned conglomerate, with interests in upstream, downstream, midstream, power and infrastructure. These operate in Nigeria, W Africa, Europe and Far East with corporate offices in Lagos, Abuja, Abidjan, Accra, Dubai, Geneva, Isle of Man and Singapore. Turnover has grown annually by 30% CAGR to $12B, mainly through trading, refining, storing and shipping crude and refined products. The company expanded into upstream in the past decade acquiring positions in Nigeria and W Africa. Today its affiliates operate or participate in five E&P licenses in Nigeria, one in Ghana and two in Ivory Coast. One affiliate drilled two offshore wells; another is currently drilling the second well of a three well onshore program. The company tested 7000 bpd in three zones in well 1 and is logging and testing well 2 currently. First production is anticipated in 2014. The company participated in IOC asset sales, raising more than $2B, and was a finalist in both the Chevron 2013 asset sale of OML 52, 53 & 55 and Shell 2014 asset sale of OML 18, 24, 25, 29. IPO plans are on the horizon for the company, with a spinoff of the upstream now in preparation. A readiness assessment by a top accounting firm is complete.