Specialist, Planning

About the Company

We are the largest oil producer within the ADNOC Group, accounting for over half of ADNOC’s total oil production. As the country’s oldest oil production company, our operations date back to 1939, when a 75-year concession was signed to explore for oil and gas in Abu Dhabi. As a global industry leader in environmental sustainability, we are the first in the world to capture carbon from the iron and steel industry.  Our Carbon Capture, Utilization, and Storage (CCUS) facility at Al Reyadah has the capacity to capture 800,000 tonnes of carbon dioxide (CO2) from Emirates Steel Industries (ESI) each year, for use in the Bab and Rumaitha oil fields to support Enhanced Oil Recovery (EOR). Al Reyadah is, therefore, a critical enabler of ADNOC’s 2030 sustainability goals.  

3. JOB PURPOSE:

The Specialist – Business Planning is responsible for driving and coordinating the development of the Asset’s five-year Business Plan whilst ensuring alignment with the Corporate Mission and Vision. Maintain a strong focus on the alignment and integration of key stakeholders’ short-, medium-, and long-term work programs within the Asset. The incumbent will facilitate integrated asset meetings and other open communication forums, promote integrated activity planning, and discuss individual stakeholder requirements to agree on opportunities for integration. Lead and facilitate the annual budget cycle to ensure CAPEX and OPEX funds are available to execute work programs. Review the outcome of self-audit findings and integrate corrective action plan with the Asset’s work program. Conducts business/economic evaluation for projected short- and long-term projects and establish scenarios to facilitate optimal business decision making and maximize opportunities. Coordinate, prepare and obtain investment committee & subcommittee approval for major projects investment (IPRC/IPC/IC) in alignment with Investment Governance Framework.

4. KEY ACCOUNTABILITIES

Job Specific Accountabilities

1. Drive and coordinate the development of Asset 5-year Business Plan

• Manage and facilitate the annual process of preparing the Asset’s 5-Year Business Plan to incorporate the appropriate framework for the development of Asset resources, production projections, operating margin, and future projects.
• Define and formulate the Asset’s objectives and strategies whilst ensuring alignment with corporate strategies.
• Ensure effective implementation of strategic plans as per set timelines in order to support achievement of corporate objectives and Business Plan.

• • Prioritize short-, medium-, and long-term work programs
  • Initiate and direct meetings internally among various divisions to discuss, review, and streamline the activities of the plan up to completion.
  • Evaluate deviations and malpractices and recommend remedial plans to Senior Management.

• Support Corporate Planning to review and align Upstream BP guidelines & objectives with Corporate & Asset objectives. Ensure their implementation is reflected in Asset, Field, and departmental work programs.  
• Facilitate the integration of 5-year Business Plan’s work programs through IAM and by actively involve assisting Stakeholders in preparation of various governance meetings (ARPR, PDISC, PFISC, IAG) and to reflect the outcomes in BP deliverables.
• Involve in development of Business Plan templates by Corporate Planning to ensure capturing Asset requirements and to familiarize Asset stakeholders on their utilization. Develop intermediary BP timeline; establish project names & schemes for DWS and simulation project wedges; contribute in DWS optimization exercises; coordinate the delivery of BP LT profiles and conduct quality review; upload LT profiles, FSOPR/FSGPR, DWS, budget and other LT requirements into BP system; Assist Asset stakeholders in the challenge/review sessions of BP deliverables by various SHs counterparts (Upstream).
• Coordinate 5 years FSOPR/FSGPR package preparation. Review and ensure its alignment with Integrated Shutdown Plan and the incoming BP production mandates.
• Integrate Asset long term facilities replacement plans as well as shutdown plans generated by operations into 5-year Business plan.
• Review continuously the interdependency and integration of asset plans to highlight challenges, propose mitigation plans, and identifies future areas of improvement.
• Update ADNOC Business Plan template with CAPEX and OPEX as per development scheme.
• Coordinate Budget year optimization exercise, IT requirements, and Manpower requirements.
• Lead and Coordinate Finance Proposals process as part of BP cycle:

• • Review and challenge Asset finance proposals and requirements to ensure conformity with company objectives, plans, guidelines, and annual budget.
  • Raise the finance proposals into the system and develop the five-year financial profiles and align with the Asset plans.
  • Participate in review of budget booklet once issued by finance team as part of the annual Business Plan preparation and provide justifications in variances upon comparison to previous BP.

1. GVAP & Project Classification

• Develop and evaluate economics for the different development scenarios at different sensitivities for the several production and drilling parameters to select the optimum Development scenario with high Recoverable Hydrocarbon & encouraging economical parameters that leads to maximize the asset value & enhance the Development project economics for the asset to help the decision makers assessment requirements. As such, economics assessments are critical and sensitive exercises performed either during VAP process as part of VAP governance requirement at every gate or ADNOC Investment Committee (IC) as per IC governance process, or management requests. The magnitude of such workload and functional level integration is high looking at Assets projects portfolio.
• Perform the economic evaluation as part of DSP VAP gates (G0/G1/G2/G3) submission & LG1 submission for the projects within the Asset:
  • Develop economic scenarios to ensure the formulation of consistent and logical boundary conditions for the project. Moreover, develop the business case for the project.
• Develop the Kick off Form (KOF) for the project to ensure conformity with corporate vision and mission.
• Review the cost estimate provided for the project as well as the CAPEX Phasing.
• Develop the Financial Proposal for the project and ensure its approval across all VAP Gates.
• Review VAP documents to verify completeness of the package and delivery of the Business Objectives.
• Participate in IPR meetings with shareholders and present the economic presentation.
• Raise e-board into the system and ensure approval across all VAP Gates.
• Review and report project progress for G0 and G1 VAP submissions. Assist and monitor project progress for G2 and G3 VAP submissions.
• Coordinate, prepare, and present Investment Proposal for Investment committee & subcommittee’s approval for major projects investment (IPRC/IPC/IC) in alignment with Investment Governance Framework.

1. Technical Support Activities

• Act as subject matter expert in the areas of economic evaluation for various proposed Development Plans & Investment Initiatives by Assets or as requested by SHs. They may cover, but not limited to, projects related to facilities upgrade, debottlenecking, proposed improvements, new facility (green field) & facility expansion (brown field), conceptual development plan, etc.
• Coordinate and reflect the quarterly update of Concession obligations status and recovery plans in Concession Dashboard. Summarize and analyse the status for management feedback and forward actions.
• Coordinated the preparation of SLA (Service Level Agreement) with Stakeholders and GC (Group Companies) counterparts for collaborative/intercompany activities i.e., Adnoc Sour Gas (ASG), Adnoc Gas (AG), and Al Dhafra Petroleum (ADP). Regularly update the existing SLAs (yearly update & amendment requirement as occur). Provide the same for cooperation with 3rd party as per Upstream direction (i.e., partners in exploration block, etc)
• Participate in the preparation and workshops for establishing Integrated shutdown plan to gain knowledge on surface facility constraints and align with FSOPR forecast & production quota delivery.
• Conduct comprehensive economic evaluation annually to update Major Project Review (MPR) & Post Investment Review (PIR) with comparison analysis against prior plan.
• Develop the bi-annual presentation for the IAG-EC forum and coordinate internally among all stakeholders to obtain required data and ensure closure of all action items. Liaise with IAG secretary on the forum.
• Conduct business cases for projected short- and long-term projects and establish scenarios to facilitate optimal business decision making and maximize opportunities.

1. Business Support Activities

• Coordinate the monthly off-take deliverables by reservoir with Oil & Gas movement. Monitors actual daily / monthly production tables and graphs to assess trends and concerns. Coordinate production recovery in case of unplanned shutdowns to meet production quotas.
• Review the Asset monthly CAR Report and highlight key issues and mitigation plans to management. 
• Provide support/input to stakeholders on various committees (PDISC, PFISC, IAG etc...)
• Conduct quarterly analysis on Asset performance by issuing progress reports/presentations to management (e.g., Inactive Strings, DWS).
• Review the outcome of self-audit program findings and integrate corrective action plan with the Asset’s work program where needed in coordination with all stakeholders for successful closure of audit items.
• Review continuously current business processes and identify areas of improvement/optimization to ensure efficient mode of operation.
• Coordinate Monthly meetings between Asset Lead and ADNOC Onshore
• Interface with ERM team within the company
• Liaise internally with other divisions and externally with other ADNOC Group Companies as and when required to incorporate synergies and optimize investments.

1. Financial Activities

• Continuous assessment of current work programs to ensure optimum budget allocation and cost control. Report variances and liaise with Finance Unit and End User to develop necessary mitigation plan.
• Provide support to End User in raising AFE.
• Respond to queries from finance team in regard to budget allocation.
• Provide input & assistance for drilling budget allocation (FAMOD vs various FPs) & assigning FPs to appropriate project schemes.