Deputy CEO

Job Description

Job title:

Deputy CEO - Marsa LNG

Situation in organization

N+1: CEO

N+2: Marsa Board of Directors

Job dimensions

Marsa LNG is a joint Venture formed of TotalEnergies (80%) and OQ (20%).

The project, which is an investment of USD  1 700 M, combines:    

• A downstream gas liquefaction: a 1 Mt/y capacity LNG liquefaction plant will be built in the port of Sohar (together with 165,000 m3 LNG tank). The LNG production is expected to start by first quarter 2028 and is primarily intended to serve the marine fuel market (LNG bunkering) in the Gulf. LNG quantities not sold as bunker fuel will be off taken by TotalEnergies (80%) and OQ (20%).
• A renewable power generation: a dedicated 300 MWp PV solar plant will be built to cover 100% of the annual power consumption of the LNG plant, allowing a significant reduction in greenhouse gas emissions.
• An upstream gas production of 150 Mcf/d of natural gas, coming from the 33.19% interest held by Marsa in the Mabrouk North-East field on onshore Block 10. Block 10 production has started in January 2023 and reached plateau in April 2024. The FID allows Marsa LNG to extend its rights in Block 10 until its term in 2050.
• More than 1000 persons during construction phase until 2028  and around 100 employees ( seconded and locals) after start-up

“Marsa” is:

• a strategic innovation for the Company, as it is setting very low carbon intensity standards for the next generation of LNG plants. The Marsa LNG plant will be 100% electrically driven and supplied with solar power, positioning the site as one of the lowest GHG emissions intensity LNG plants ever built worldwide, with a GHG intensity below 3 kg CO2e/boe. (for reference, the average emission intensity of LNG plants is around 35 kg CO2e/boe - this represents a reduction in emissions of more than 90%).
• a strategic TTE asset in MENA, as it strengthens and puts in perspective Oman as key TTE multi-energies country (EP, GRP, MS).
• key for further development in Oman, a second LNG liquefaction train is in discussion as well as further renewable development with OQ. 
• a key focus for TTE COMEX, for the TTE branches E&P / GRP / OT/ MS, for our co-partner/investor, for key off takers, external TTE stakeholder.

In this context:

• Deputy Chief Executive Officer” a senior-level executive who will provide support to the Chief Executive Officer in all strategic and business aspects of the company.  The Deputy CEO has to have a proper understanding of the industry.

Activities

the Deputy CEO will:

• Deliver the Marsa LNG project, safely, in time and cost..
• Drive business strategies and plans ensuring their alignment with short-term and long-term objectives.
• Lead a motivated team focused on HSE requirements, performance delivery and operational excellency.
• Oversee the implementation / execution of all operations and business activities to ensure they produce the desired results and are consistent with the overall strategy and mission.
• Enforce adherence to country legal guidelines and in-house policies to maintain the company’s legality and business ethics and integrity values. Ensures the contractors comply with company HSE, ethic and compliance rules.
• Ensure that work program and budgets are developed, approved and implemented.
• Oversee the financial and non-financial results and drive solutions and/or improvements and ensure budget discipline and delivery.
• Safeguard the OPCO governance, build trust relations with key partners and stakeholders and secure regular information through an efficient system of reporting and alignment with the strategy of the shareholders.
• Anticipate and analyze problematic situations and occurrences and provide solutions to ensure company survival and growth.
• Maintain a deep knowledge of the markets and industry of the company.
• Support the CEO to represent Marsa LNG projects towards authorities and manage the interfaces with stakeholders.

Context and environment

This high-level position implies a strong autonomy and experience. The Deputy CEO reports to the Marsa CEO.

Accountabilities

The JV investment (USD  1 700 M) combines a downstream gas liquefaction (to be built) with 1 Mt/y capacity LNG liquefaction plant and a 300 MWp renewable power generation.  The required feedstock for the LNG block is provided by an upstream gas production of 150 Mcf/d of natural gas, coming from the 33.19% interest held by Marsa in the Mabrouk North-East field on onshore Block 10.

The “Marsa” asset is a strategic innovation for the Company, as it is setting very low carbon intensity standards for the next generation of LNG plants, and it definitely strengthen Oman as a key multi energy TTE country (E&P, LNG renewable). 

Qualifications / Experience required

• Higher education, Master of science or equivalent
• 15+ years of experience as a Senior Manager, with managerial, internationals and operational responsibilities
• 15+ years of experience in large scale energy or infrastructure projects
• Good and proven experience in managing complex partnerships & co-sponsor relationship.    
• Experience in renewable development is considered as an additional skill.
• Good communication and interpersonal skills
• Knowledge of accounting, financial analysis and data analysis
• Outstanding written and oral communication skills
•  Strategic planning and business development
•  Experience in budgeting and sales
• Experience in developing profitable strategies and implementing vision
• Strong understanding of corporate finance and performance management principles
• Familiarity with diverse business functions such as marketing, PR, finance etc
• In-depth knowledge of corporate governance and general management best practices
• Analytical abilities and problem-solving skill