Project EngineerPNOC Exploration Corporation - Government

DUTIES AND RESPONSIBILITIES:
Project Economic Evaluation
Review, analyze, evaluate, validate and/or assess (a.) cost assumptions and estimate (b.) proposed business models, project development and operations/production timeline, and (c.) market or feasibility studies
Coordinate and/or consult with project proponents, internal parties, Joint Venture (JV) partners, company stakeholders and industry counterparts in reviewing, assessing and validating cost estimates and economic assumptions, and proposed project timeline and business models
Develop the economic and financial models to determine, evaluate, analyze and/or enumerate the financial returns and sensitivities, and to determine the commercial viability of proposed projects
Conduct commercial grade feasibility studies
Incorporate and utilize best practices and adhere to sound economic judgement in the determination of economic assumptions and development of financial models
Present the results of economic/commercial evaluation studies and make the necessary reports and recommendations to the Project Officer or Project Team
Project & Business Development
Determine and/or analyze the purpose of the project or company objectives
Generate and develop business models and strategies based on the project purpose and company objectives
Identify and define the risks (e.g. technical, financial/commercial, regulatory, legal) and the rewards for a particular business scheme and formulate mitigation measures and develop sound judgement in quantifying said risks
Formulate, evaluate and recommend business terms and conditions in developing business models and project development schemes
Recommend the appropriate or optimum business models, strategies and risk management plan
Draft terms of reference and other bidding documents for the hiring of consultants or contractors in conjunction with the evaluation of proposed projects
Review, assess and evaluate proposals of potential JV partners, and prepare the corresponding reports and make the necessary recommendations
Conduct due diligence on potential contractors and JV partners and ensure adherence to company policies and regulatory requirements
Project Management
Identify, determine, evaluate, coordinate and/or validate the: (a.) scope of work, corresponding budget and timeline of work program and activities under the project pre-development phase such as conduct of feasibility studies, securing Local Government Unit (LGU) endorsements and permits, regulatory approvals, Environmental Compliance Certificate (ECC), Right-Of-Way (ROW), financing and Financial Investment Decisions (FID), drafting and approval of various agreements to include Power Purchase Agreement (PPA) and Gas Sale and Purchase Agreement (GSPA), (b.) procurement and communication/reporting requirements; and (c.) project risks and mitigations
Identify the manpower requirement of project teams indicating roles and responsibilities of each concerned party/department that will satisfy goals and objectives and make necessary recommendations
Estimate, review, evaluate or validate individual project activity costs and cost assumptions
Conceptualize and develop quality and feedback mechanisms
Develop and recommend project work programs, schedule and corresponding budget; risk management, procurement and human resources plans; and reporting/communication plans needed in developing the integrated project management plan
Execute and monitor approved work programs and integrate/implement approved changes when necessary
Identify and analyze potential and various project risks, and problems (e.g. technical, commercial, and regulatory) that may arise during project development and execution phases and recommend the apropriate mitigations or solutions
Document all project activities (e.g. meetings, change orders or deviations and reports) and develop a project data base
Prepare and submit reports
Others
Prepares and submit internal and external reports to the Project Officer for monitoring and record keeping
Keep abreast with the oil and gas industry developments, innovations and best practices and recommend possible adaptations applicable for the unit and the Company
Ensure compliance of project teams, contractors, and consultants with Company's internal and HSSE policies, industry standards, and government laws and regulations
Perform other necessary and related tasks for the achievement of the unit's goals
SKILLS AND QUALIFICATIONS:
Graduate of Bachelor of Science in Business Economics and/or Engineering, preferably Mechanical, Electrical, Civil or Chemical
At least one (1) year related working experience in site survey, cost estimation, planning, industrial processes, operations and/or design
Planning and organizational skills in formulating work programs, budget and schedules
Skills in project economic evaluation
Good interpersonal skills in dealing with various groups and parties
Technical skills and knowledge in petroleum processes