Commercial Manager at Nestoil Plc

April 26, 2025

Job Description

Nestoil Plc was incorporated in Nigeria in 1991 for the provision of Engineering, Procurement and Construction (EPC) services to the energy and oil & gas industry. Since then, Nestoil has grown to become the leading indigenous EPC provider for major IOCs (International Oil Companies) in Sub-Saharan Africa like National Petroleum Company (NNPC) Shell, Exxon Mobil, Chevron, Total, etc.

Employing highly dedicated, skilled and goal-driven professionals and using unique and innovative technology, Nestoil Plc delivers excellent, first class and cost effective solutions to industry problems. At Nestoil, our policy is to use the best resources, with stringent supervision that assures safe working conditions and excellent quality.

We are also committed to the optimization of local content in all aspects of our business and the growth of our workforce and host communities.

Indeed, Nestoil has earned its reputation as a company with world class project execution capacity during the past 19 years of operation in the Nigerian Oil and Gas industry. Nestoil has invested heavily in the development of its human and material capacity. In terms of equipment and facilities, Nestoil is second to none. Our fabrication yard in the Nestoil Industrial Area, Abuloma Port Harcourt is among the top three best fabrication yards in Nigeria sitting on several hectares of land.We are on an evolutionary journey where we’re changing our story. We are looking to hire an experienced Commercial Manager to join our diverse team in our Company. In this role, you will be responsible for ensuring effective value for money on all commercial contractual agreements and resolving all commercial disputes across the E&P lifecycle.

As a Commercial Manager, you will be responsible for:

Commercial

Identifying, developing and implementing opportunities that improve commercial leverage and value for money through contract formation, negotiation and commercial obligations management.
Making effective recommendations for generating new income streams for organization.
Provide effective pre- and post-contract commercial management in conjunction with the Legal Counsel and ensure that maximum commercial entitlements are pursued.
Liaising with relevant departments to define project goals, scope, execution strategies, risk, economics, completion timelines and commercial viability.
Investigating / resolving identified commercial and contractual conflicts and issues through
proactive interventions, engaging where necessary dispute resolution activities in conjunction with the Legal Counsel.

Business Development

Implementing business generation/market penetration strategies for the Organization.
Implementing strategies to drive the achievement of smart business targets for Organization.
Implementing strategies for monitoring developments and trends in the business environment; analyze the impacts on the Organization’s operations and develop appropriate response strategies.
Providing support on projects to optimize the capital and cash within the company.
Become fully conversant with the full range of Services and be able to identify opportunities for other business areas within the OML 42 Asset operations.
Partnering with marketing teams across the Group to identify and develop opportunities as appropriate.

Projects Management

Reviewing adequacy and effectiveness of quality system in satisfying project quality and other compliance requirements.
Reviewing and validating project budgets, cost control strategies and development of business continuity plans.
Ensuring that project invoicing is carried out in accordance with terms and conditions of contract and that cash position is maximized.
Ensuring that variation requests and contract amendment requests are prepared and submitted in accordance with contract requirements.
Ensuring optimized management of resources (equipment & personnel).
Managing related resources in a cost-effective way to ensure financial results better than estimated.

What are we looking for?

Degree in Engineering, Economics, Law or related Business-related discipline
Relevant professional certification.
Minimum of 8 years’ significant experience in a commercial role within the oil and gas industry (preferably with an Operator or Joint Venture Owner)
Expert level understanding of oil and gas industry financial and economic principles
Significant experience of oil and gas Joint Ventures include joint venture forums and contractual agreements.
Strong knowledge of setting up and commercial management of Joint Ventures
Extensive experience in working across the full commercial / contractual life cycle process from proposal to project close–out.
Good knowledge of asset economic modelling
Extensive experience of working closely with Legal, Proposals and Business Development functions from a pre-contract perspective
Strong project management skills.
Well-developed collaboration, verbal and written communication skills
Ability to meet deadlines and manage multiple tasks.
Good leadership and team building skills