Oil and Gas Contracts Specialist

1 day ago

Houston, Texas, United States Core Laboratories Full time
Job Title: Contracts Administrator

Core Laboratories is a leading provider of proprietary and patented reservoir description and production enhancement services and products used to optimize petroleum reservoir performance.

The Company has over 70 offices in more than 50 countries and is in every major oil-producing province in the world.

We are seeking a highly skilled Contracts Administrator to join our team in [Location].

Job Purpose:

This position will be responsible for reviewing commercial and government contracts to ensure they meet legal requirements and align with Company goals and policies.

The Contracts Administrator will report to the Contracts Administration Manager, who has oversight for contract preparation and negotiations throughout the Company.

Essential Duties and Responsibilities:
  1. Performs contract review and drafting, creating detailed contracts for various business needs, subject to final approval by the Contracts Administration Manager and/or the Assistant General Counsel.
  2. Ensures contract terms comply with applicable laws and regulations and Company policies.
  3. Develops and maintains standard contract templates common to the oil field services industry to facilitate execution while providing customary legal protections for the Company.
  4. Communicates with internal clients and/or contracts administrators at the Company's clients and vendors to negotiate favorable contract terms.
  5. Addresses and resolves disputes or disagreements with contract counterparties during negotiations.
  6. Provides advice, recommendations, and interpretation of contract terms, legal obligations, and risk exposure to business unit management.
  7. Works with business unit leaders to develop strategies for minimizing contractual risk.
  8. Prioritizes contracts and regularly communicates with the Contracts Administration Manager regarding status of contracts under review leading to final execution.
  9. Collects, catalogues, and manages all contracts between the Company's business units and their clients.
  10. Maintains contract management processes and tools to track status of contract review and allow for efficient retrieval of documents.
Requirements:
  • Bachelor's degree in business administration, finance, or humanities (or related field) required.
  • A minimum of three years of relevant industry experience required in oil and gas (preferably the oil field services industry).
  • None required.
Knowledge, Skills, and Attributes:
  • This position requires experience in the oil and gas industry, as well as an in-depth understanding of the structure of contracts common to the oil field services industry, including master work agreements, framework agreements, commercial tenders, lease agreements, non-disclosure agreements, and guaranty agreements.
  • Must demonstrate the ability to understand the significance of contract provisions within the context of the underlying transaction.
  • Must have strong interpersonal skills, working closely with the Contracts Administration Manager as well as internal and external clients in negotiating and finalizing contract terms.
  • Must demonstrate proficiency in Microsoft Office Suite (Word, Excel, and Access, or comparable database software).
  • Must be able to interact with clients to help reach a consensus on the final terms that should be approved with the Law Department having ultimate authority on legal questions.
  • Must be highly organized and detail-oriented, managing multiple contract reviews and workflows and collaborating with subject-matter experts within the G&A function (e.g., Legal, Tax, Accounting, HSE, Credit, Treasury, and Risk).
  • Must demonstrate ability to analyze and interpret legal documents, financial reports, and technical documents and possess strong legal writing skills.

Core Laboratories, including all of its affiliated and related entities, is an equal opportunity employer and is committed to creating an inclusive environment for everyone.

Employment decisions are made regardless of characteristics including, but not limited to, race, color, sex, sexual orientation, gender identity, national origin, age, disability, religion, genetic information, protected veteran or uniformed service member status, and any other characteristic protected under applicable law.

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