Job Description & How to Apply Below
Employee Job Post End Date: 02/19/2026
** About this opportunity:
** The Business Development Advisor plays a pivotal role in identifying, evaluating, and advancing high-value opportunities across the Canadian Thermal and Conventional Heavy Oil (CTHCO) portfolio. This role sits at the intersection of strategy, commercial execution, and asset optimization, with a strong emphasis on M&A, competitive intelligence, regulatory dynamics, and value‑add commercial alternatives. The ideal candidate combines strong commercial and financial acumen with a solid understanding of SAGD and heavy oil development, influencing outcomes through collaboration, insight, and disciplined execution.
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* What you’ll do:
*** Identify and advance portfolio enhancement opportunities through external environment scanning, competitive intelligence, and analysis of nonroutine risks and opportunities.
* Develop and present clear, data-driven opportunity evaluations, outlining benefits, risks, and tradeoffs to support executive decision making.
* Partner with Corporate Development, Land A&D, and cross‑functional teams to progress evaluations, negotiations, and transactions.
* Generate financial and economic analyses to quantify value, assess risk, and support inorganic growth and strategic responses to competitive or regulatory pressures.
* Lead or support negotiations with external counter parties, applying structured strategies, incentive mapping, and BATNA assessments.
* Facilitate area‑based inorganic and commercial reviews, integrating development, operations, land, and A&D perspectives to inform portfolio strategy.
* Work closely with asset development teams to enhance long‑term asset value while balancing commercial, technical, and operational drivers.
** Who you are:
** Our ideal candidate will have the following minimum requirements:
* Legally authorized to work in Canada
* Bachelor’s degree in business, commerce, or engineering.
* Minimum of 8 years of experience in oil and gas, bringing strong commercial, financial and strategic expertise.
Experience with in SAGD or heavy oil operations would be an asset.
* Highly persuasive and credible, able to articulate business cases and tailor messaging to technical teams, leadership, partners, and regulators.
* Data-driven and analytically strong, with advanced proficiency in Excel, PowerPoint, Power BI, and industry evaluation tools such as Mosaic, Val Nav, ARES/Enersight (or equivalents), Wood Mackenzie, Rystad, and IHS.
* A confident negotiator who understands counter party motivations and prepares disciplined, value‑focused negotiation strategies.
We acknowledge the value of transferable skills and may consider equivalent combinations of experience and education should you not meet a specific requirement.
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* Note:
The Final date to receive applications for this position is 11:59 PM MT February 18, 2026.
** Cenovus was ranked one of Canada’s Best Employers in 2025. We’re committed to being an employer of choice in our industry by offering a competitive total rewards package and employee programs and rewarding career development opportunities.
If you require accessibility assistance to complete the on-line application or otherwise apply for an open position with Cenovus, its subsidiaries and affiliates, please email ca
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* Who we are:
** Ranked as one of Canada’s Best Employers in 2025, Cenovus is an integrated energy company headquartered in Calgary. We’re committed to maximizing value by developing our assets in a safe, responsible and cost-efficient manner. We operate in Canada, the United States and the Asia Pacific region. Our operations include oil sands projects in northern Alberta, thermal and conventional crude oil and natural gas projects across Western Canada, crude oil production offshore Newfoundland and Labrador and natural gas and liquids production offshore China and Indonesia.
Cenovus’s downstream operations include upgrading, refining and marketing operations in Canada and the United States.
Find Cenovus on , and .
** The Cenovus experience
**** Total rewards
** We’re committed to being an employer of choice through competitive compensation and our comprehensive total…
Position Requirements
10+ Years
work experience
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