Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world's leading energy companies.
We design, build, manage and maintain infrastructure for our clients. We recruit, reward, and develop our people based on merit regardless of race, nationality, religion, gender, age, sexual orientation, marital status, or disability. We value our people and treat everyone who works for or with Petrofac fairly and without discrimination.
The world is re-thinking its energy supply and energy security needs, planning for a phased transition to alternative energy sources. We are here to help our clients meet these evolving energy needs.
This is an exciting time to join us on this journey.
We support flexible working requests and have adopted a hybrid approach for most of our office-based roles. We ask employees to be present in the office at least three days per week.
Are you ready to bring the right energy to Petrofac and help us deliver a better future for everyone
JOB TITLE: Principal Engineer - Contracts
Key Responsibilities
Supports all activities related to contractual, legal, and commercial issues, specifically related to:
- Contracts with Clients
- Partnering agreements with potential partners
- Exclusivity/tie-up arrangements with vendors/subcontractors, including contractual terms and conditions with key potential vendors/subcontractors
- Risk review process, including identification, mitigation, and management of contractual/legal risks during the pre-qualification and bidding stages, up until the Contract award
Primary Duties
- Support activities related to contract risk identification, mitigation, and management during the pre-qualification and bidding stages.
- Supports activities related to contractual, legal, tax, commercial, and insurance issues concerning company business, client contracts, and partnering agreements during the pre-qualification and bidding stages.
- Responsible for the finalization of qualifications/deviations to the terms and conditions of client contracts.
- Supports due diligence processes for potential partners/clients as required.
- Ensures appropriate guidance regarding legal diligence in new jurisdictions. Supports ensuring that key contract terms and conditions are presented to the Project Management Team upon Contract award and facilitates the proper handover of documentation involved with such Contracts during the bidding stage to the Project Contracts Team.
- Responsible for resolving major deviations from vendors regarding the terms and conditions for the Purchase of Goods and Site Services.
- Manages interactions with Group Legal and external law firms during the prequalification and bidding stages.
- Ensures adherence to HSE and Quality System Procedures during the pre-qualification and bidding stages.
- Supports internal and external audits.
- Assists in developing and monitoring relevant Commercial KPIs.
Job/Cost Impact
- Ensures that the commercial terms of all proposals comply with the Company's risk management processes.
- Ensures timely submission of contractual inputs for technical/commercial proposals.
- Supports the finalization and conclusion of partnership agreements and client contracts.
Essential Qualifications And Skills
- A graduate university degree in Engineering or Business Administration.
- Experience in tendering, finalization, administration and management of Contracts and in finalization of
various Partnership Agreements.
Additional Information
