Project Engineer

Industry Category	Engineering	Position	Oil / Gas
Recruitment Department		Number Of Recruits	several
Work Location	Metro Manila (NCR) Taguig	Nature Of Work	Full Time
Gender Requirements	Male	Marriage Requirement	No marital status restrictions
Education Level	College Diploma	Work Experience	No work experience restrictions
Age Requirement	Above 18 years old	Salary Package	Negotiable
Updated Date	2022-09-27	Valid Until	Long-term validity

DUTIES AND RESPONSIBILITIES:

Project Economic evaluation

Review, analyze, evaluate, validate and/or assess (a.) cost assumptions and estimates, (b.) proposed business models, project development and operations/production timeline, and (c.) market or feasibility studiesCoordinate and/or consult with project proponents, internal parties, JV partners, company stakeholders and industry counterparts in reviewing, assessing and validating cost estimates and economic assumptions, and proposed project timeline and business modelsDevelop the economic and financial models to evaluate, enumerate the financial returns, sensitivities, and to determine the commercial viability of proposed projectsConduct commercial grade feasibility studies.Incorporate and utilize best practices and adhere to sound economic judgment in the determination of economic assumptions and development of financial modelsPresent the results of economic/commercial evaluation studies and make the necessary reports and recommendations to the Project Officer or Project Team

Project and Business Development

Determine and/or analyze the purpose of the project or company objectivesGenerate and develop business models and strategies based on the project purpose and company objectivesIdentify and define the risks (e.g. technical, financial/commercial, regulatory, legal) and the rewards for a articular business scheme and formulate mitigation measures, and develop sound judgment in quantifying the said risksFormulate, evaluate and recommend business terms and conditions in developing business models and project development schemesRecommend the appropriate or optimum business models, strategies and risk management planDraft terms of reference and other bidding documents for the hiring of consultants or contractors in conjunction with the evaluation of proposed projectsReview, assess and evaluate proposals of potential JV partners, and prepare the corresponding reports and make the necessary recommendationsConduct due diligence on potential contractors and joint venture partners and ensure adherence to company policies and regulatory requirements

Project Management

Identify, determine, evaluate, coordinate and/or validate the: (a.) scope of work, corresponding budget and timeline of work program activities under the project pre-development phase such as conduct of feasibility studies, securing LGU endorsements and permits, regulatory approvals, environmental compliance certificate, Right-of-Way, financing and final investment decisions ("FID"), drafting and approval of various agreements to include power purchase agreements, (b.) procurement and communication/reporting requirements; and (c.) project risks and mitigationsIdentify the manpower requirement of project teams indicating the roles and responsibilities of each concerned party/department that will satisfy goals and objectives and make the necessary recommendations.Estimate, review, evaluate or validate individual project activity costs and cost assumptions.Conceptualize and develop quality and feedback mechanisms.Develop and recommend project work programs, schedule and corresponding budget; risk management, procurement and human resource plans; and reporting/communication plans needed in developing the integrated project management plan.Execute and monitor approved work programs and integrate/implement approved changes when necessary.Identify and analyze potential and various project risks, and problems, e.g. technical, commercial, and regulatory that may arise during project development and execution phases and recommend the appropriate mitigations or solutions.document all project activities, e.g. meetings, change orders or deviations and reports, and develop a project data base. 9) Prepare and submit reports.

Others

Actively participate in project team meetings, workshops or brainstorming sessions in determining or developing project development schemes, project and risk management plans and economic assumptions of financial modelsdocument or prepare minutes of meetingsPrepare and submit internal and external reports to the Project Officer for monitoring and record keeping.Keep abreast with the power and coal industry technology developments, innovations and best practices and recommend possible adaptations applicable for the unit and the CompanyEnsure adherence to the Company's internal and HSSE policies, industry standards, and government laws and regulationsPerform other necessary and related tasks for the achievement of the units' goals

PNOC Exploration Corporation is the upstream oil, gas and coal subsidiary of the state-owned Philippine National Oil Company. A government owned and controlled corporation, the Company was incorporated on 20 April 1976 and is mandated by the government through the Department of Energy (DOE) to take the lead in exploration, development and production of the country’s oil, gas and coal resources. The company likewise owns and operates a private commercial port – the Energy Supply Base (ESB) – in Mabini, Batangas which provides berthing, cargo handling, storage and warehousing facilities to its clients.