Senior Commercial Advisor (DevCo)

Cammach are currently seeking a Senior Commercial Advisor (DevCo) on behalf of our client, an independent oil and gas operator. Based in Aberdeen, this is a 12-month contract opportunity, offering the added flexibility of a hybrid working arrangement.

ROLE

Provides commercial subject matter expertise to enable the commercialisation of the company’s portfolio of energy transition opportunities, including the MNZ carbon storage project in collaboration with Peak Cluster, formation of an integrated CO2 shipping hub, and Energy Park. Responsible for the negotiation, drafting, execution, and day-to-day management support of commercial agreements.

RESPONSIBILITIES

• Subject matter expert and lead negotiator for the agreement suite underpinning the Regulated Asset Business carbon transport and storage model including the T&S Regulatory Investment (TRI) Model, Government Support Package and Revenue Support Agreement.
• Support participation in government funding and subsidy processes.
• Responsible for setting the strategy, securing the mandate, and negotiating, commercial agreements with customers and value chain participants in alignment with Shareholder and Leadership Team expectations.
• Support contract owners to ensure commercial relationships with customers and value chain participants remain in compliance with governing agreements
• Responsible for financial securities planning and implementation.
• Management of Gas Terminal / Energy Park third party land requests and planning matters.
• Remain abreast of the evolving energy transition landscape, including policy, regulatory framework, and investor sentiment to be position DevCo’s projects for success.
• Support day-to-day management of relationships with key project stakeholders including DESNZ, HMT, DBT, Ofgem and LCCC.
• Provide CCS policy and regulation expert insights and supports consultation responses.
• Manage the interface and contract with external legal counsel.
• Manage the interface and contract with specialist commercial advisors.
• Actively seek out value adding opportunities and present ideas for the consideration of the Leadership Team.
• Any other associated duties as reasonably required

REQUIREMENTS

• Degree in engineering, energy, economics, or related discipline.
• Postgraduate qualifications and/or professional accreditation (e.g., CEng, CFA, APM) are advantageous.
• A strong understanding of project economics, financial modelling, and scenario modelling (NPV, IRR, etc.).
• Deep expertise in CCUS policy and business models, specifically the Regulated Asset Business carbon transport and storage model.
• Subject matter expert in energy market structures and the regulatory regime for CCS and other new energies opportunities.
• Familiar with a broad range of energy industry commercial structures including but not limited to Joint Operating Agreements, Joint Development Agreements, Study Agreements, Memorandums of Understanding, Confidentiality Agreements, Power Purchase Agreements, Transport and Offtake Agreements, subsidy frameworks and tariff structures.
• Familiar with key business development processes.
• Competent in MS Office Suite including Excel modelling capability.