Ellasot Consulting is recruiting on behalf of a reputable company seeking a competent and detail-oriented Chief Operating Officer to be responsible for overseeing the day-to-day operations of the oil and gas company, ensuring safe, efficient, and profitable execution of upstream, midstream, and/or downstream activities.lead business development and technical sales activities for our drilling, production, and completion chemical solutions within the Oil & Gas sector.
The Chief Operating Officer (COO) Under the direct supervision of the MD/CEO, would be responsible for providing leadership and direction in managing the operational functions of the Organization, ensuring the achievement of its long-term goal of producing 50,000 barrels of crude oil per day by developing and implementing operational strategies, policies, and procedures to achieve these long-term goals and objectives. Collaborates with other senior executives, department heads, and stakeholders in the organization to optimize operational performance, enhance business efficiency, and ensure compliance with regulatory requirements.
Key Responsibilities
Planning:
· Develop a strategic direction for the companies operations’ team, crafting a forward-thinking production optimization plan that aligns with the company's overall vision and objectives, ensuring long-term stability and growth.
· Oversee the formulation of annual operational plans: including production targets, focusing on an incremental gain plan with minimum resource allocation, maintenance schedules: preventive and predictive, and effective resource allocation.
· Develop and monitor key performance indicators (KPIs) for all the technical team to measure operational performance and gain valuable insight, enabling informed data-driven decisions that drive improvement.
· Plan and maintain the equipment in Company’s field locations, adopting both preventive and predictive maintenance strategies, ensuring all the equipment is functional and operating optimally.
Operations:
· Manage the day-to-day operations of the company, including production and maintenance, exploration, and drilling operations.
· Oversee the maintenance and integrity of company’s facilities, equipment, and infrastructure.
· Ensure that Company’s operations are conducted in a safe and environmentally responsible manner.
· Effectively chair the operations meetings on Mondays, Wednesdays, and Fridays and provide constructive reports/feedback to the MD/CEO
· Evaluate existing processes, systems, and workflows in operations and identify opportunities for improvement and optimization.
· Lead and mentor the technical teams, providing guidance, direction, and support to ensure optimal performance.
· Develop and manage operational budgets, ensuring that the Unit Operating Cost (UOC) is controlled and aligned with company’s business objectives and approved budget.
· Drive a culture of continuous improvement, innovation, and operational excellence throughout the organization.
· Resolve operations and maintenance issues, challenges, and conflicts proactively to minimize operational downtime.
· Lead organizational change initiatives, transformation projects, and business process reengineering efforts.
Operational Risk Management:
· Identify, assess, and mitigate operational risks, including technical challenges, community unrest, and environmental hazards.
· Implement risk mitigation strategies, including regular maintenance and quality control, to mitigate technical challenges. Establish community engagement, stakeholder analysis, and social responsibility initiatives to address community unrest. Install effective surveillance systems using the community surveillance initiative, Joint Task Force, etc., to prevent and respond to pipeline vandalism. Conduct environmental impact assessments, develop spill response plans, and implement proper waste management practices to mitigate environmental hazards, ensuring the company complies with all regulatory requirements.
Stakeholder Management:
· Build and sustain excellent relationships with stakeholders, including JV partners, government agencies, like NUPRC, NUIMS, FIRS, etc. and non-operator stakeholders, including community relations. Strong community relations are a core value of Producing Limited.
· Proven experience in senior leadership roles, with a focus on operations management.
· Strong leadership, communication, and interpersonal skills.
· Strategic thinking and problem-solving abilities.
· Experience developing and implementing operational strategies and initiatives.
· Demonstrated ability to drive business growth, efficiency, and profitability.
· Knowledge of business process optimization, oil and gas monetization.
· Design, analyze, and manage subsurface energy systems and resources.
· Financial acumen and budget management skills.
· Ability to collaborate and build relationships with internal and external stakeholders
· Leadership skills
· Communication skills
· Strategic planning
· Operations management
· Problem-solving abilities
· Financial management
· Change management
· Relationship-building
· Analytical skills
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