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Head, Planning & Economics at an Upstream Oil & Gas Company - WTS Energy

Posted on Mon 19th May, 2025 - hotnigerianjobs.com --- (0 comments)


WTS Energy - Our client, one of Africa’s leading E&P players in upstream Oil & Gas, is recruiting to fill the position below: 

Job Title: Head, Planning & Economics

Location: Lagos
Line Manager: CFO

Job Summary

  • To lead the strategic planning, economic evaluation, and commercial management functions of the company, ensuring investment decisions, business performance tracking, and commercial agreements are aligned with corporate growth and profitability objectives. 
  • The role will serve as a key advisor to executive leadership and interface with partners, regulators, and investors.

Key Responsibilties
Strategic Planning:

  • Lead the development and periodic review of the company’s corporate strategy and business plans.
  • Coordinate the annual budget, long-range plans, and forecasting cycles.
  • Monitor and report business performance metrics to senior leadership.

Economics & Investment Analysis:

  • Evaluate upstream project economics (NPV, IRR, payback).
  • Conduct sensitivity analysis and risk assessments for capital investments.
  • Support AFE (Authorization for Expenditure) processes with robust financial models.

Commercial Management:

  • Lead commercial negotiations, JV agreements, and service contracts.
  • Develop and maintain economic models for pricing, contract structuring, and asset valuation.
  • Drive the monetization strategy for oil, gas, and by-products (e.g., barging, offtake, etc.).

Stakeholder Engagement:

  • Liaise with JV partners, regulatory bodies (e.g., NUPRC), and host communities on economic and commercial matters.
  • Represent the company in commercial and economic discussions at industry forums.

Leadership & Team Development:

  • Build and lead a high-performing team in planning, economics, and commercial functions.
  • Provide mentorship, coaching, and succession planning for functional team members

Professional Qualfiications

  • Bachelor’s Degree in Engineering, Economics, Finance or related discipline (required)
  • MBA or Master’s in Energy Economics / Finance (preferred).
  • Minimum of 15 years of experience in upstream oil & gas or oilfield services, with at least 5 years in a leadership role
  • Strong expertise in financial modelling, petroleum economics, and contract negotiation.

Knowledge and Skill Required:

  • Strategic thinking and commercial acumen
  • Advanced analytical and financial skills
  • Excellent negotiation and stakeholder management abilities
  • Strong leadership and team development skills
  • Familiarity with upstream value chain, PSCs, JVs, and regulatory frameworks.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online


  

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