Vacancy title:
Commercial Supervisor

[Type: FULL_TIME, Industry: Professional Services, Category: Accounting & Finance]

Jobs at:
CNOOC Uganda

Deadline of this Job:
Friday, August 29 2025

Duty Station:
Uganda | Kampala | Uganda

Summary
Date Posted: Friday, August 15 2025, Base Salary: Not Disclosed

Similar Jobs in Uganda
Learn more about CNOOC Uganda
CNOOC Uganda jobs in Uganda

JOB DETAILS:

Responsible for conducting economic and financial analysis of upstream oil and gas projects, implementation of the commercial agreements, and identifying value optimization opportunities along the value chain.

Responsibilities:  

• Conduct periodic economic evaluations and financial modeling of both existing upstream licenses and new ventures, including the performance of detailed sensitivity analyzes to identify the key value driver 
• Assess commercial agreements and identify areas of value erosion, develop strategies to rectify the issues, as well as maximize value.
• Assess current and potential commercial activities and business opportunities to ensure alignment of the expected financial returns with company objectives.
• Supervises CNOOC's crude oil and gas sales from a local commercial perspective and ensure that all contractual obligations, appointments, and deadlines are met.
• Keep track of crude oil and gas market prices and trends, and ensure that the economic tools to support sales are robust.
• Support the implementation of the commercial management tools and processes for effective monitoring, control, and reporting of commercial performance.
• Track legislative changes and updates of the industry/sector dynamics.
• Foster strong working relationships with Government MDAs and JV partners to promote transparency and collaborative value delivery.
• Identify and assess commercial growth opportunities, providing structured recommendations on commercial strategy, risk mitigation, and value optimization to the Commercial Manager.
• Support the preparation of unit/section budget and work plans for approval by JV partners and the regulator.
• Provide support on all commercial negotiations 
• Contribute to the development of risk matrices to be incorporated into operational / project management reviews.
• Perform any other duties as may be assigned from time to time.

Requirements 

• Petroleum Geosciences, Economics, Finance, Accounting, Business, or relevant commercial discipline from a reputable and accredited University.
• At least 5 years' experience in a commercial or similar role, preferably in the Oil and Gas / Energy sector.
• Experience in drafting and interpretation of contractual documentation
• Experience in Project Economics and Investment Analysis is an added advantage.

Knowledge 

• Knowledge of the commercial processes
• Familiarity with the oil and gas sector is advantageous.
• Extensive Knowledge of working with economic models
• Knowledge of key contracting concepts, principles, and commercial risk management.

Work Hours: 8

Experience in Months: 60

Level of Education: bachelor degree

Job application procedure

Interested in applying for this job? Click here to submit your application now

All Jobs | QUICK ALERT SUBSCRIPTION