At a Glance
- Tasks: Manage high-value contracts and procurement activities in the energy sector.
- Company: Join Prax Group, a leading British multinational in the energy industry.
- Benefits: Enjoy competitive pay, career growth opportunities, and a dynamic work environment.
- Why this job: Be part of exciting projects that shape the future of energy and showcase your expertise.
- Qualifications: Degree qualified with 15 years of experience in oil and gas, preferably with an Operator.
- Other info: This role offers a chance to lead complex negotiations and build strong supplier relationships.
The predicted salary is between 43200 - 72000 £ per year.
The Prax Group is a leading British multinational in the energy sector, specializing in refining, storage, distribution, and sales of crude oil, petroleum products, and biofuels. With a strong presence in the global market, we pride ourselves on innovation, operational excellence, and a commitment to responsible business practices.
We are now looking to expand our talented team with an experienced Contracts & Procurement Specialist. As a Contracts and Procurement (C&P) Specialist, you will play a pivotal role in driving key contracts and procurement activities that support a variety of operations, from production to decommissioning. You will be integral to the smooth integration of newly acquired assets, development projects, and complex operational activities. This is a rare opportunity to contribute to the future success of Prax Upstream while working on high-value, technically intricate projects.
Key Responsibilities:
- Lead the management and oversight of high-value, high-risk contracts in line with the Authority Level Matrix, ensuring adherence to both organizational and regulatory frameworks.
- Develop and execute C&P strategies across complex business environments, optimizing processes and driving the execution of multi-phase contracts.
- Implement, refine, and oversee C&P processes, procedures, and governance structures, ensuring compliance with internal policies and external regulations.
- Lead strategic C&P planning and execution, using market intelligence, risk analysis, and business insights to guide senior management on complex procurement decisions.
- Cultivate strong supplier relationships, ensuring alignment with large-scale, multi-year project requirements.
- Provide expert advice on contract terms, negotiations, and stakeholder management for complex agreements, including long-term contracts, strategic partnerships, and operational agreements.
- Manage full tendering lifecycle, from ITT preparation to bid evaluations, negotiations, risk mitigation, and contract award recommendations.
- Oversee contract negotiations for logistics, operations support, and decommissioning projects, ensuring operational, safety, and commercial requirements are met.
- Manage contract validity and ensure ongoing compliance with legal, regulatory, and contractual obligations.
- Provide support in broader commercial negotiations and drafting of highly detailed Joint Operating Agreements (JOAs), Third-Party Agreements (TPAs), and other complex agreements.
GLA Asset Project Integration, Operation, and Transformation:
- Play a key role in the integration of the Greater Laggan Area (GLA) Asset into PUL, ensuring C&P activities align with post-completion operations and asset integration goals.
- Collaborate with cross-functional teams to ensure operational contracts and purchase/service orders are efficiently implemented.
- Identify and drive C&P process streamlining opportunities, optimizing workflow in alignment with the broader operational and transformational objectives.
- Contribute to the development of PUL's long-term contracting strategy, collaborating with internal and external partners to address operational needs and risk management.
Skills, Expertise, and Competencies:
- Degree qualified with at least 15 years of progressive experience in the oil and gas industry.
- Must have experience working with an Operator. Tier 1/Service Company experience is preferred.
- Proven leadership in EH&S management, and the ability to develop and implement fit-for-purpose C&P processes.
- Expertise in the entire tendering process, from package development to post-award management, ensuring contract compliance and continuous improvement.
- Proven ability to lead complex contract negotiations, securing favorable terms and effectively managing risk profiles.
- Strong ability to build and maintain positive, productive relationships with internal and external stakeholders.
- Excellent organizational capabilities, including prioritizing tasks and managing tight deadlines in high-pressure environments.
- In-depth understanding of various commercial structures and contracts (e.g., LOGIC, BIMCO, JV partner agreements).
Why This Role:
With responsibility for high-value, high-impact contracts across a variety of exciting projects, you will have the chance to showcase your expertise in complex procurement strategies, negotiation, and contract management. If you are looking for a role that combines leadership, strategy, and a variety of challenging projects, this is the perfect opportunity to advance your career.
Contracts and Procurement Specialist employer: Prax
Contact Detail:
Prax Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Contracts and Procurement Specialist
✨Tip Number 1
Familiarise yourself with the specific contracts and procurement processes used in the oil and gas industry. Understanding frameworks like LOGIC and BIMCO will give you an edge in discussions and demonstrate your expertise during interviews.
✨Tip Number 2
Network with professionals in the energy sector, especially those who have experience with operators or Tier 1 service companies. Attend industry events or join relevant online forums to build connections that could lead to referrals.
✨Tip Number 3
Stay updated on market trends and regulatory changes affecting procurement in the energy sector. This knowledge will not only help you in interviews but also show your commitment to staying informed and proactive in your field.
✨Tip Number 4
Prepare to discuss your past experiences in managing high-value contracts and leading negotiations. Be ready to provide specific examples of how you've successfully navigated complex procurement challenges, as this will highlight your suitability for the role.
We think you need these skills to ace Contracts and Procurement Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in contracts and procurement, particularly within the oil and gas industry. Emphasise your leadership skills and any specific achievements related to contract management and negotiation.
Craft a Compelling Cover Letter: Write a cover letter that directly addresses the key responsibilities outlined in the job description. Use specific examples from your past experience to demonstrate how you meet the qualifications and can contribute to the Prax Group's success.
Showcase Relevant Skills: In your application, clearly outline your expertise in the tendering process, risk management, and relationship management. Highlight any experience with complex agreements and your ability to lead negotiations effectively.
Proofread and Edit: Before submitting your application, thoroughly proofread your documents for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Contracts and Procurement Specialist.
How to prepare for a job interview at Prax
✨Showcase Your Industry Knowledge
Make sure to demonstrate your understanding of the oil and gas industry, particularly in relation to contracts and procurement. Be prepared to discuss specific examples from your past experience that highlight your expertise in managing high-value contracts and navigating complex procurement processes.
✨Prepare for Negotiation Scenarios
Since negotiation skills are crucial for this role, think of a few challenging negotiation scenarios you've faced in the past. Be ready to explain how you approached these situations, the strategies you employed, and the outcomes achieved. This will show your ability to handle complex contract negotiations effectively.
✨Emphasise Relationship Management Skills
Building strong relationships with suppliers and stakeholders is key in this position. Prepare to discuss how you've successfully cultivated these relationships in previous roles, and provide examples of how these connections have positively impacted project outcomes.
✨Demonstrate Organisational Skills
Given the high-pressure environment of the role, it's important to showcase your organisational capabilities. Be ready to share how you prioritise tasks and manage deadlines, especially when dealing with multiple high-stakes projects simultaneously.