Brief Job Description:

• We are seeking a highly experienced Asset Manager  to manage and oversee the performance and value delivery of offshore oil and gas assets operated under production sharing agreements. 
• The Asset Manager will act as the main representative of SUMI in technical, operational and commercial oversight of offshore assets operated by partner companies. 
• The role is responsible for ensuring that operator activities are conducted in accordance with contractual obligations, industry standards, and SUMI’s strategic objectives while maximizing long-term asset value. 
• The successful candidate will monitor operator performance, review development strategies and operational programs, evaluate technical and economic proposals, and coordinate multidisciplinary support from internal technical and commercial teams. 
• The position requires strong expertise in offshore oil and gas operations, field development, joint venture governance, and asset performance management..

Job duties:

Governance and Representation

• Represent SUMI in the technical and operational governance of offshore assets operated under PSAs and Joint Operating Agreements (JOAs).
• Act as the focal point for coordination with Operating Companies and Contractor Parties, ensuring that SUMI’s interests are effectively represented in asset management discussions, technical reviews, and decision-making processes.
• Participate in joint venture governance processes including technical committees, operational reviews, and preparation of positions for Management Committee discussions.
• Ensure that operator activities comply with contractual obligations, regulatory requirements, and approved development and operational plans

Asset Performance Management

• Monitor and anlyze operational and production performance of offshore assets and evaluate key performance indicators related to production efficiency, operational reliability, safety performance, and cost effectiveness.
• Provide recommendations to improve operational efficiency, production performance, and overall asset value.
• Ensure that asset performance is aligned with SUMI’s strategic objectives and production targets
• Prepare analytical reports, briefings, and presentations related to asset performance, development activities, and operational issues.
• Provide periodic updates to SUMI management and the Supervisory Board on offshore asset performance and strategic matters.

Development and Project Oversight

• Review and evaluate offshore field development plans, drilling programs, production strategies, and engineering studies proposed by operators.
• Participate in the review of development concepts, facilities design, drilling plans, and offshore construction activities to ensure technical feasibility, economic viability, and alignment with SUMI’s strategic objectives.
• Ensure that appropriate technical evaluation and engineering maturity are achieved prior to major investment decisions and project execution phases.
• Monitor the progress of offshore development projects and provide recommendations to support effective execution and risk mitigation.

Annual Work Program and Budget Review

• Review and evaluate Annual Work Programs and Budgets submitted by operators to ensure technical justification, cost efficiency, and alignment with development objectives.
• Monitor the implementation of approved programs and evaluate deviations related to schedule, scope, and cost performance.
• Support internal reviews and recommendations related to budget approvals and asset investment decisions.

Stakeholder Coordination

• Coordinate internally with multidisciplinary functional teams including subsurface, drilling, facilities engineering, finance, commercial, and legal departments to support effective asset management.
• Maintain effective working relationships with Operating Companies, joint venture partners, government institutions, and regulatory authorities.
• Facilitate communication between SUMI management and external partners on matters related to offshore asset development and performance.

Essential experience and job requirements: 

• Bachelor’s degree in Petroleum Engineering, Reservoir Engineering, Drilling Engineering, Geology, Offshore Engineering, Operations Management, Economics, or Business Administration.
• Master's degree and certificate or Diploma in project management from PMP, PMI or IPMA (preferred).
• At least 10 years of work experience in a senior position in the oil and gas industry, including experience related to offshore field development, production operations, or asset management.
• At least 5 years of experience in senior technical, operational, or asset management roles, preferably within offshore oil and gas projects.
• Strong technical understanding of offshore oil and gas operations including drilling, production systems, field development planning, offshore facilities, and reservoir management.
• Experience working within international oil and gas contractual frameworks such as Production Sharing Agreements (PSAs), Joint Operating Agreements (JOAs), or similar arrangements.
• Demonstrated ability to review multidisciplinary technical and economic documentation related to upstream oil and gas projects
• Experience interacting with international operators, joint venture partners, and government institutions.
• Strong analytical and problem-solving skills with the ability to evaluate complex technical and operational matters.
• Excellent communication and reporting skills, including the ability to prepare professional correspondence, technical evaluations, and management presentations
• Good understanding of health, safety, and environmental requirements applicable to offshore oil and gas operations.
• Understanding of capital expenditure (CAPEX), operating expenditure (OPEX), and asset economics related to offshore oil and gas development.
• Minimal knowledge of Occupational Safety, Safety, Environmental Protection, industrial sanitation and fire protection rules and regulations
• Fluency in English is must

Interested candidates can send their CV to the e-mail address in the Apply for job button.