This is a pivotal role at the heart of bp’s evolving approach to decommissioning. With $15bn on bp’s balance sheet for decommissioning, there is intense management and Board interest in ensuring we make value-driven decisions in the late-life space, supported by robust processes to calculate, and assure the provision. Sitting in the central Decommissioning Unit within Projects, and reporting to PGM Decommissioning, the Decommissioning Compliance Manager provides commercial support to a diverse portfolio of issues and owns the integrated conversation between Projects, Wells, our regional businesses, and Finance, including M&A. This is an exciting opportunity to play a key role in influencing our late life and decommissioning strategy globally.
The Decommissioning Compliance Manager owns DCEM (Decommissioning Cost Estimating Model) and the Onshore Tonnage Model - applications which hold the decommissioning calculation - and manages the team of third-party resources (Frazer-Nash Consulting) who model the assets annually and support our regional businesses. The Decommissioning Compliance Manager supports the PGM Decommissioning in chairing the Decommissioning Table. This annual conversation at SVP level includes a review of the hopper of future decommissioning activity and allows planned progress of decommissioning activity in line with bp’s decomex frame.
The Decommissioning Compliance Manager drives the decommissioning input to ADPs (Area Development Plans) and to the Plan and is accountable for producing appropriate MI to inform the Table. In addition, the role works closely with the PGM Decommissioning and VP Wellwork to develop and implement the decommissioning strategy. This involves working cross-functionally in bp and with the supply chain to develop new and low-cost ways to deliver decommissioning. The successful candidate will also work on ad-hoc strategic industry initiatives as appropriate, building on a strong external network and collaborating to shape the future of the decommissioning industry.
Decommissioning Due Diligence and Compliance
Deliver integrated One Source of Truth decommissioning data flow
- Own and performance manage the Decommissioning Cost Estimation Model (DCEM) and Onshore Tonnage Model applications and the Frazer-Nash support contract and team.
- Ensure compliance of the provision estimate with the bp Practice and supports all internal and external audits.
- Play a leadership role in the Decommissioning Due Diligence Team (D3T), working with Finance and Wells to run the global annual cost estimate update, and ad-hoc quarterly changes.
- Co-ordinate the annual rates and methodology review
- Drive "no surprises" management communication.
Governance and Global Decom Strategy delivery
- Continuously improve integrated data flow on decommissioning, across systems and businesses.
- Take decommissioning numbers in the Planning process to the next level of rigour and understanding, centralising accountability and process where this makes sense
- Continue to simplify financial processes around reporting of actual (project) decommissioning spend in bp systems.
- Support the PGM Decommissioning in refining the global decommissioning strategy and organisational construct;
- Build internal cross-functional networks and facilitate delivery of a joined-up decommissioning strategy.
- Lead strategic engagement with key industry fora, vendors and consultants to build industry collaboration and further bp’s agenda.
- Organise the Decommissioning Table.
- Identify and influence future projects through the decommissioning hopper and ADP engagement
- Support/lead other strategic initiatives as required including the M&A agenda and industry collaborations.
- Represent bp as appropriate in industry working groups.
- Manage PGM Decommissioning budget
Essential Education and Qualifications: Bachelor’s Degree EssentialExperience and Attributes
Delivering compliance by:
- Having a strong ability to communicate and build networks at every level of the organisation.
- Enabling team creativity and agility to come up with innovative solutions and challenging the “way we do things”
- Simplifying complex issues to support progress
- Understanding the impact of decisions on bigger project and provision outcomes.
Delivering performance by:
- Mastering the tools/processes/relationships involved in the complex provisioning process.
- Having attention to detail, understanding the importance of internal and external requirements and standards.
- Being financially numerate and having a fundamental understanding of upstream oil & gas infrastructure (wells and offshore platforms & subsea).
- Systematically seeking to improve processes and systems.
- Owning and improving integrated cross-functional activity planning.
- Managing contracts and budgets.
Other Requirements (e.g. Travel, Location)
Agile or part-time working could be considered.
Limited travel requirementsDesirable Criteria and Qualifications
- Confidence in Finance/Commercial
- Digital systems management/ownership
- Confidence to work in the agile space
- Experience of developing and implementing strategy
- Fundamental understanding of upstream oil & gas infrastructure (wells and offshore platforms & subsea)
- Familiarity with the decommissioning process either offshore, onshore or both