London - LNG Originator Job at ConocoPhillips
The Company
We are one of the world’s leading exploration and production companies, based on proved reserves and production of liquids and natural gas. With operations and activities in 13 countries, we explore for, develop, and produce crude oil and natural gas globally. We are challenged with an important job to safely find and deliver energy to the world. Our employees are critical to our success, and with them we power civilization.
We’re grounded by our SPIRIT Values – safety, people, integrity, responsibility, innovation, and teamwork. These values position us to deliver strong performance in a dynamic business – but not at all costs. We believe it’s not just what we do – it’s how we do it – that sets us apart.
We strive to make a significant difference in the communities where we live and operate. We create an inclusive environment that values all voices and opinions. Together, the different backgrounds, experiences, ideas, and perspectives of our employees drive our success.
Our Global LNG Team
ConocoPhillips’ global portfolio of LNG assets includes ownership in multiple LNG JV projects, with long term sales to global markets, over five (5) mtpa equity offtake commitment from the US and access to regasification capacity in NW Europe.
The Global LNG team is tasked to optimize our global equity LNG portfolio and support our Joint Venture projects. Our core activities include developing new markets to support current and future LNG developments, sourcing LNG supplies, originating receiving terminal usage rights and term sales, trading short term and spot cargos. We also market certain excess JV volumes, provide negotiation support as well as second senior staff into those JVs. In addition, the team also provides LNG related decision support to our corporate headquarter in Houston and global business units involved in the LNG value chain.
Key Responsibilities
Reporting directly to the Director – LNG Trading & Origination, due to continued business growth we are seeking an experienced LNG Originator on a permanent basis to join our Trading and Origination team. Based in London, you will work closely with our Houston and Singapore desks to grow our LNG origination business and market presence. The successful candidate will initially focus on managing regasification commitments NW Europe, developing new long-term opportunities in the EMEA region, and optimizing LNG portfolio and associated assets.
Key Activities
- Stay abreast of the global LNG market with emphasis on long-term market developments
- Originate opportunities which optimize existing assets and enhance the value of ConocoPhillips’ global LNG portfolio
- Negotiate fully termed LNG agreements as part of a team
- Perform regular and ad-hoc analysis of the long-term LNG market fundamentals
- Develop the economic case for specific transactions
- Coordinate transaction support including approvals / legal / compliance / credit / treasury / operations
- Cultivate and enhance counter-party relationships to expand company's market presence
- Leverage industry knowledge and relationship to support ConocoPhillips’ long-term LNG strategy
Qualifications, Key Skills & Competencies:
Minimum Requirements
- Bachelor’s degree in a related discipline (e.g. engineering and numerate degrees in science, economics, finance, or business)
- High level of competency in Word, Excel and PowerPoint; able to build and operate financial models
- Experience of working in Oil & Gas with an in-depth understanding of its value chain and economic drivers
- Demonstrable experience of working in LNG or gas origination teams
- Team player with a collaborative and inclusive mindset
- Familiarity with the gas / LNG industry, understand its value chain and economic drivers
- Proven track record in negotiating commercial agreements
- Excellent communication and interpersonal skills
- Attention to detail
- Willingness to travel as required
Preferred Skills & Experience
- Able to demonstrate experience negotiating commercial agreements
- experience in negotiating LNG Sale & Purchase Agreements (SPAs), Master Sales Agreements (MSAs) and LNG capacity agreements
- Existing LNG network
- Advanced degree in a related discipline
- Basic knowledge of quantitative methods and financial theories
To be considered for this position you must complete the entire application process, which includes answering all prescreening questions and providing your eSignature on or before the requisition closing date of Friday 13th January 2023. ConocoPhillips is an Equal Opportunity Employer.
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