This role required candidate to permanently relocate at Dhahran, Saudi Arabia.
About the Company
This company engages in the exploration, production, transportation, and sale of crude oil and natural gas. It operates through the following segments: Upstream, Downstream, and Corporate. The Upstream segment includes crude oil, natural gas and natural gas liquids exploration, field development, and production. The Downstream segment focuses on refining, logistics, power generation, and the marketing of crude oil, petroleum and petrochemical products, and related services to international and domestic customers. The Corporate segment offers supporting services including human resources, finance, and information technology. The company was founded on May 29, 1933 and is headquartered in Dhahran, Saudi Arabia.Job Summary
We are seeking a Downstream Assets Manager to join the Fuels Affiliates Affairs Department (FAAD). FAAD serves as the designated shareholder representative of This Company's equity interest in domestic and international affiliates. The department's mission is to manage This Company's portfolio investments to maximize value and achieve profitable, sustainable performance.
FAAD achieves this through aligning affiliate and corporate strategies, unlocking synergies within the portfolio, and providing technical engineering and human resource support. Additionally, FAAD oversees This Company management and liaises with joint venture (JV) partners on matters including corporate governance, government regulations, venture strategy, contract management, and performance updates to executive management and affiliate board members.
Your primary role as the Downstream Assets Manager will be to act as the main point of contact between This Company and JV partners. You will oversee the financial performance of the JV, issue periodic reports to management, and monitor corporate governance to ensure alignment with strategic goals and regulatory requirements.
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