Contract Specialist
2 weeks ago
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The Contract Specialist will provide expert guidance on the negotiation, drafting, & management of contractual agreements for KOC's partnerships, ensuring all contracts align with KOC's strategic, financial, & operational objectives. This role involves evaluating contractor proposals, supporting on tender documentation, & advising on contract negotiations to secure favorable terms & mitigate risks for KOC.
The Contract Specialist will support the full partnership lifecycle, from pre-bidding to contract award, ensuring that all contractual terms, including Terms & Conditions (T&Cs), are thoroughly reviewed, negotiated, & legally enforceable. Acting as a key commercial advisor, the Specialist will coordinate internally with the Hydrocarbon Lawyer & BD Advisor to ensure contracts reflect the chosen business model &comply with KOC's commercial frameworks.
Beyond contract execution, the Specialist will ensure that partnership performance complies with agreed contractual standards& supports any amendments or renewals. The Contract Specialist will also serve as a subject matter expert, providing KOC with strategic advice on contractual matters & guiding the drafting & revision of contracts as needed.
A critical part of the role will be mentoring & coaching National staff to enhance their contract management capabilities, ensuring the next generation of KOC leaders is well-versed in all contractual & commercial aspects of O&G partnership agreements.
Role & Responsibilities
- Support in drafting & review contractual agreements between KOC &Partners,
ensuring compliance with KOC's business, financial, & regulatory standards.
- Support negotiations on contract terms with partners, representing KOC's
interests to secure favorable terms & resolve potential conflicts.
- Evaluate partner proposals during the tender process, assessing technical, financial, & regulatory alignment to KOC's strategic goals.
- Lead the preparation, submission, &review of tender documents, ensuring all contractual elements are accurately incorporated & meet project requirements.
- Review & revise Terms & Conditions (T&Cs)for partnerships, ensuring clarity, enforceability, & alignment with legal & regulatory frameworks.
- Collaborate with key stakeholders, including the Hydrocarbon Lawyer & BD Advisor, to ensure that contractual clauses reflect KOC's business model& mitigate risks.
- Support the pre-bidding process by providing contract-related insights &ensuring accurate inclusion of requirements in bidding documents.
- Provide regular advice during the contract award process, ensuring partner
selection aligns with KOC's strategic, operational, & financial objectives.
- Support the implementation of T&Cs in establishing Joint Operating Companies
(JOCs) & ensure contractual obligations are met from the start.
- Consult on contract amendments, renewals, & terminations, ensuring any
changes are legally consistent with KOC's objectives.
- Coordinate with internal commercial stakeholders to ensure that all commercial guidelines are reflected as part of the partnership Terms &Conditions.
- Coordinate with external &internal legal ulatory advisors as needed to ensure adherence to Kuwait's laws in all contractual matters.
- Serve as the contract expert within the BD Group, providing insights & recommendations on commercial interpretations, risk management, & contract lifecycle decisions.
Knowledge & Experience
Educational Qualifications:
Essential: Bachelor's degree in Law, Business Administration
Preferred: Master's degree in Law (LL.M), Business Administration (MBA), or Energy Law.
Professional Experience:
- Proven experience (15+ years) in contract negotiation, drafting, & management, preferably within the Oil & Gas sector, with a strong focus on partnerships, joint ventures, or production sharing agreements.
- Extensive experience in managing tender processes &evaluating contractor proposals, ensuring alignment with organisational goals & compliance with legal
& regulatory standards.
- Track record of leading contract negotiations with international partners (e.g., IOCs), securing favorable terms & minimising contractual risks throughout the partnership lifecycle.
Additional Requirements
- Solid understanding of contract law & the legal implications of regulatory compliance, particularly regarding drafting & negotiating Terms & Conditions (T&Cs) for Oil & Gas contracts.
- Proven expertise in contract management within the Oil & Gas sector, with a deep understanding of partnership models.
- Extensive experience in legal & commercial aspects of contract negotiations, including drafting, reviewing, & managing Terms & Conditions (T&Cs)to ensure enforceability & minimise risks.
- Strong ability to evaluate contractor proposals & manage tender processes, ensuring alignment with KOC's strategic & financial objectives while complying with legal & regulatory standards.
- Comprehensive knowledge of contract law & its implications onpartnership agreements, particularly regarding amendments, renewals, &termination clauses for complex Oil & Gas projects.
Seniority level- Seniority levelNot Applicable
- Employment typeContract
- Job functionOther
- IndustriesOil and Gas
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