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Principal Commercial Projects Assurance

Job in Muscat, Oman
Listing for: OQ
Full Time position
Listed on 2026-07-22
Job specializations:
  • Business
    Regulatory Compliance Specialist, Business Analyst, Risk Manager/Analyst, Corporate Strategy
Salary/Wage Range or Industry Benchmark: 60000 - 95000 OMR Yearly OMR 60000.00 95000.00 YEAR
Job Description & How to Apply Below

Drive and deliver expert-level assurance across OQEP's commercial projects portfolio ensuring that all commercial initiatives, investment proposals and project deliverables meet the required standards of quality governance and strategic alignment. Apply mastery of commercial frameworks, project evaluation methodologies and assurance practices to provide independent and authoritative assessments that protect OQEP's commercial interests and support sound decision‑making at the executive level. Serve as the principal point of expertise for commercial projects assurance within the Commercial function, interfacing directly with the Chief Executive Commercial and relevant internal and external stakeholders to ensure value is preserved and risks are effectively identified and mitigated across the commercial projects lifecycle.

OQEP's mission, vision, values and strategies guide all activities, in alignment with OQEP's policy, guidelines and international standards, supported by an IT technology platform, QHSE and Energy Management System requirements and national objectives.

Key Responsibilities
  • Lead the development and implementation of the commercial projects assurance framework, ensuring it is fit for purpose, consistently applied and aligned with OQEP's governance standards and strategic objectives.
  • Conduct independent expert‑level assurance reviews of commercial projects at key decision gates, evaluating the robustness of commercial assumptions, risk assessments, economic models and investment cases.
  • Provide authoritative recommendations to the Chief Executive Commercial and relevant leadership on the readiness of commercial projects to progress through approval stages.
  • Scrutinise commercial project proposals, business cases and investment submissions to ensure accuracy, completeness and alignment with OQEP's commercial strategy and value‑creation objectives.
  • Lead the identification, assessment and mitigation of commercial risks across the portfolio, ensuring appropriate risk‑management measures are embedded throughout the project lifecycle.
  • Drive quality assurance across commercial project documentation, including contracts, agreements, financial models and reporting deliverables, ensuring consistency and adherence to applicable standards.
  • Develop and maintain assurance tools, templates and guidelines to standardise commercial project evaluation practices across the Commercial function.
  • Collaborate with relevant functions—Finance, Legal, Business Development, Exploration and Joint Ventures—to ensure integrated and comprehensive assurance coverage across all commercial project touchpoints.
  • Monitor and track the progress of commercial projects against approved plans, budgets and performance targets, highlighting deviations and recommending corrective actions to leadership.
  • Provide expert input into the development of commercial policies, procedures and governance frameworks, continuously identifying improvements to enhance efficiency and effectiveness.
  • Support post‑project reviews and lessons‑learned exercises to strengthen future commercial project assurance practices.
  • Represent the Commercial function in internal governance forums, assurance committees and relevant external engagements as required.
Key Interactions
  • Internal
    • Chief Executive Commercial
    • Finance function
    • Legal function
    • Joint Ventures function
    • Business Development function
    • Exploration function
    • Other relevant Commercial functions
  • External
    • Group’s assurance team
    • JV partners
    • External consultants and advisors
    • Government ministries and regulatory authorities
    • Contractors and vendors
Working Conditions

Office environment with intensive computer screen use; occasional travel to operational sites and partner offices as required.

Qualifications
  • Education:

    Bachelor’s degree in Engineering or Geoscience, with background in Business Administration, Economics or related disciplines. Postgraduate qualification (MSc or MBA) is preferred.
  • Languages:

    Excellent knowledge of written, read and spoken English (required);
    Arabic – native (desirable).
  • Experience:

    10+ years in the upstream oil and gas industry, with a strong focus on commercial management, project assurance, investment…
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