Entry Senior

Joint Venture Representative

About This Career

Joint Venture Representatives develop, negotiate and monitor the execution of formal agreements for operated and non-operated joint ventures. Joint ventures are partnerships where two or more companies work together. Petroleum companies form joint ventures for many reasons. These may be to share costs and risks, to leverage economies of scale, to access new technologies and customers, or to improve access to financial resources.

Joint Venture Representatives integrate the requirements of disciplines such as engineering, field operations, land management, marketing, legal counsel, accounting and auditing to ensure the company’s best interests are served and the agreements can be executed successfully.    

Education: Joint Venture Representatives come from diverse backgrounds, such as engineering, field operations, land management and finance. A post-secondary degree or equivalent technical diploma is typically required. An Energy Asset Management (EAM) two-year diploma is available from the Southern Alberta Institute of Technology (SAIT), in partnership with the Centre for Energy Asset Management Studies (CEAMS).

Employment: This occupation is found onshore and is typically employed in the exploration and production (E&P), oil sands, oil and gas services, and pipeline sectors of the oil and gas industry.

Example titles: Contract Management Officer, Contracts Officer, Joint Venture Agreements Analyst, Joint Venture Specialist, Commercial Specialist, Business Development Analyst, Joint Venture Administrator, Joint Venture Representative

Work Activities
Applying Information
Participating in operating committees for operated and non-operated properties.
Communicating with Persons Outside Organization
Acting as a point of contact externally on non-operated properties.
Communicating with Supervisors, Peers or Subordinates
Acting as a point of contact internally on non-operated properties.
Participating in property reviews that include profitability and optimization recommendations.
Providing input into the development and design of a production facility.
Coordinating the Work and Activities of Others
Reviewing internal reviews of company operated agreements and third party agreements.
Coordinating all administrative duties pertaining to the ongoing operation of a production facility.
Coordinating mail ballots and AFE administration for joint properties.
Establishing and Maintaining Interpersonal Relationships
Establishing and maintaining good relationships with joint venture associates.
Representing the company’s position to the industry and external joint venture representatives.
Estimating the Quantifiable Characteristics of Products, Events or Information
Calculating (or reviewing calculations by a third party of) usage fees for company facilities.
Evaluating Information
Reviewing unit and facility-related budget documentation such as authority for expenditures and mail ballots.
Reviewing internal reviews of company operated agreements and third party agreements.
Reviewing interest billings for the Accounting Department approvals.
Getting Information
Assisting with joint venture (JV) audits within assigned areas.
Monitoring and Controlling Resources
Ensuring operations related to joint venture activities are conducted in accordance with company policies and recommended industry practices.
Monitor Processes, Materials or Surroundings
Monitoring joint venture agreements during their life cycle.
Performing Administrative Activities
Creating standard form agreements.
Drafting joint venture agreements.
Ensuring joint venture facilities are being administered by keeping in contract terms.
Preparing and revising exhibits, schedules and appendices of company operated agreements.
Processing Information
Working closely with the Exploitation team to gather results of current operations including well results and production rates.
Providing Consultation and Advice to Others
Advising the Asset Management Team on joint venture matters.
Identifying and making recommendations about joint venture opportunities.
Resolving Conflicts and Negotiating with Others
Negotiating production facility ownerships, processing and transportation agreements.
Negotiating joint venture agreements.
Identifying agreement requirements during negotiations.
Managing the resolution of business and technical conflicts.
Assisting the Joint Venture Administrator in resolving deficiencies in agreements.
Competencies
Leadership
Negotiation
Judgment and Decision Making
Behavioural
Attention to Detail
Collaborative
Foundational
Active Listening
Critical Thinking
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Working Conditions
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Job Details

Job Category

Business and Operations Support

Sectors

Pipelines

Oil and gas services

Oil sands

Exploration and production

NOC

1225

Qualifications + Experience

Education:

  • Post-secondary diploma