Economist & Commercial Advisor

Being part of the commercial team, you will support the development of business opportunities from idea inception all the way through to implementation. This will include economics and sensitivity analysis to assess and challenge the value proposition, drafting of investment proposals and presentations, day to day support to commercial engagements and contract negotiations, and a wide range of ad hoc activities. You report to the Commercial Director.

The commercial team plays a key part in value creation across the ONE-Dyas portfolio and has a leading role both in maximizing the value from existing assets and in developing new business opportunities whilst adhering to the highest social responsibility standards. The team works closely with colleagues from all other departments; finance, legal, technical, operational, and ESG. The asset managers of the operated assets are part of the commercial team, and the team also plays a leading role in business development with deal leads generally assigned from their pool of commercial people.

Main tasks and responsibilities:

·       To support asset managers and deal leads in the economic and overall evaluation of business development opportunities, from initial assessment to investment proposals all the way up to implementation

·       To support the resolution of commercial issues that ONE-Dyas faces across the portfolio ranging from joint well agreements, contract negotiations and dispute resolution to equity re-determinations

·       To advise and assist the CFO and the corporate finance manager in arranging corporate and acquisition funding, which includes supporting the semi-annual RBL redeterminations

·       To provide economic modelling support to the annual budget cycle and year plan process and to manage the annual decommissioning security process

·       To support the ONE-Dyas gas and oil sales contract portfolio, tender processes and sales contract negotiations

To be successful as Economist & Commercial Advisor you need to be a self-starter with an inquisitive mindset and can-do attitude, strong analytical skills and a natural focus on value creation. As a team player you need to be eager to learn and have strong communication skills, to effectively interface across various levels and disciplines.  

Requirements:

·       Master’s degree (e.g. finance/ business economics or engineering/ technical)

·       Minimum of 3 years' experience in an analytical commercial role

·       Proficient in economic modelling and excel

·       Excellent analytical and numerical skills

·       Diligent, details oriented and results-driven

·       Fluent in English is a must, Dutch language skills will be an advantage

·       You’re eligible to work in The Netherlands 

ONE-Dyas B.V. is the largest privately owned exploration and production company in the Netherlands. As entrepreneurs in Dutch offshore gas and oil, the company aims to make a significant contribution to the energy transition, working at the forefront of sustainability and technological innovation. Extracting gas and oil close to home contributes to the national economy, security of supply, and climate goals by employing local services, products, and know-how, reducing the reliance on imported fuels, cutting emissions, and complying to the highest environmental standards in the industry.

With its roots dating back to 1893 in the mining industry, ONE-Dyas has a long history of successfully pioneering energy solutions. Today, its operations span the full lifecycle of offshore assets in the Netherlands, Germany and the UK, including the flagship N05-A development project in the Dutch and German part of the North Sea, set to be the first of its kind to integrate natural gas, wind power and green hydrogen. ONE-Dyas is also actively exploring carbon capture and storage (CCS), and green hydrogen opportunities as future energy solutions.

Headquartered on the Zuidas in Amsterdam with ~115 employees in Amsterdam and in our UK office in Norwich, ONE-Dyas has a strong entrepreneurial culture, short lines across all disciplines and a strong relationship with its shareholders leading to a focused and effective work environment. ONE-Dyas has an excellent reputation in the Netherlands, the UK and Germany for its experience and skills across the entire oil & gas energy supply chain. ONE-Dyas is known for getting things done safe, reliably and efficiently.