Entity:

Finance

Job Family Group:

Finance Group

Job Description:

About us

At bp, we are committed to providing the energy the world needs today while paving the way for a sustainable future. The Gulf of America is a cornerstone of our operations with five operated hubs, and two additional hubs in development, exemplifying our approach to resilient and focused hydrocarbons. The Gulf of America holds some of the highest value and lowest-emissions barrels in our global portfolio.

We believe in a reliable and predictable regulatory environment to support continued investment and innovation. We are actively engaged in shaping policies that ensure financial stability and environmental responsibility in the Gulf of America. Join us as we lead the energy transition, creating a future that is reliable, affordable, and sustainable for all.

About the role

The Senior Business Development and Commercial Advisor will be responsible for integration with various functions within Gulf of America and Canada as well as management of external relationships in support of the region’s aims and ambitions with a primary focus on supporting the GoA exploration portfolio. This will be done by originating and negotiating deals in line with the business priorities along with providing contractual guidance to multi-discipline teams on commercial and counterparty issues. This role will also be the subject matter expert for all joint venture agreements including issues related to developing strategy, evaluating risk and creating opportunities for the GoA-C business.

Key Accountabilities

• Identify, evaluate, and execute on opportunities resulting in commercially attractive deal structures
• Provide guidance on agreement structuring through strategic negotiation and contract interpretation to increase value while mitigating risk
• Resolve commercial and contractual issues on bp operated and non-operated assets in the exploration phase while effectively managing counterparty relationships
• Interface and manage relationships with various internal partners including finance, legal, tax, regulatory and technical functions
• Interface externally with other E&P companies and various branches of the Department of Interior.

Essential Education

• Degree in Business, Engineering, Energy Management, Petroleum Land Management, JD, or related degree required

Essential Experience

• Minimum of 10+ years land/commercial negotiation experience, deepwater Gulf of America strongly preferred
• Knowledge of common offshore agreements including but not limited to leases, Joint Operating Agreements, Participation Agreements, Purchase and Sale agreements, Production Handling Agreements required
• Ability to effectively influence and build alignment with multi-disciplinary teams
• Capable of performing economic evaluations and effectively communicating outputs
• Manage multiple priorities with a strong track record of delivery.

Desirable Criteria

• Familiarity with deepwater Gulf of America and Canada Business
• Familiarity with BOEM and BSEE regulations

Why join bp

At bp, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly.

There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, and excellent retirement benefits, among others!

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Travel Requirement

Up to 25% travel should be expected with this role

Relocation Assistance:

This role is not eligible for relocation

Remote Type:

This position is a hybrid of office/remote working

Skills:

Accounting policy, Accounting policy, Accounting Processes and Financial Systems, Agility core practices, Agility tools, Analytical Thinking, Business Acumen, Business process control, Business process improvement, Collaboration, Commercial Acumen, Communication, Creativity and Innovation, Credit Management, Customer centric thinking, Data Analysis, Data visualization and interpretation, Decision Making, Digital Fluency, Financial Reporting, Influencing, Internal control and compliance, Management Reporting, Managing change, Presenting {+ 4 more}

Legal Disclaimer:

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.