Carbon Capture
3 weeks ago
Please note that this role is based in Saudi Arabia on a permanent, residential basis.
Job Req ID:15206
Aramco energizes the world economy.
Aramco occupies a unique position in the global energy industry. We are the world's largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer.
With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco’s value to society.
Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations’ spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.
We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.
Overview
We are seeking a Carbon Capture & Sequestration Transaction Professional to join our carbon capture & sequestration team.
Carbon capture & sequestration department is responsible for the development and deployment of advanced technologies and strategies that enable a large-scale removal and permanent storage of carbon dioxide from industrial emissions.
Your primary role is leading, developing, implementing and executing strategies to advance the commercial viability of CCS into global markets. This important role will also negotiate definitive agreements and help in screening, analyzing, planning and leading transactions from origination to final investment and post transaction.
Duties & Responsibilities
As a successful candidate, you will perform the following:
- Conduct market research; and analyze industry trends, regulatory landscapes, and competitive dynamics.
- Identify, develop and establish long-term partnerships with local and international entities to promote new business and execute investment opportunities.
- Collaborate with internal stakeholders to align business development and transaction activities with target objectives.
- Determine the scope and objectives of transactions, offering commercialized solutions to meet Aramco's business requirements.
- Support pre-feasibility and feasibility studies to determine the viability of CCS projects.
- Lead the development of business offering packages to potential investors and partners.
- Prepare transaction approval documents at each stage, and manage the required functional reviews and approvals.
- Lead cross-functional transaction project teams across all related activities, from origination to final investment and post transaction.
- Interact with financial advisors and lenders; as well as environmental, commercial and technical consultants.
- Present CCS opportunities and updates to Corporate and Executive management.
- Organize and participate in industry networking events and engagement sessions for business development purposes.
- Improve transaction processes, and apply best practices and lessons learned.
Minimum Requirements
As a successful candidate, you will have:
- Bachelor’s degree in Engineering, Economics or related discipline; an MBA or a relevant advanced degree is strongly preferred.
- Minimum of 15 years of experience in commercial roles, with a proven track record of analyzing companies and screening potential investors and partners; negotiating definitive agreements; and screening, analyzing, planning and leading transactions from origination to final investment and post transaction.
- Proven ability to coordinate with legal counsel and other advisors to successfully develop commercial agreements.
Working environment
Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.
At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world’s biggest technical, logistical and environmental challenges, we invest heavily in talent development.
We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs – one of the largest in the world.
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