Head of Development - GoKardz Technologies Sdn Bhd
- Petaling Jaya, Selangor, Malaysia
- Apply by: Apr 08, 2024
- 1 Vacancy
- Local Candidates (Malaysia)
- Degree: Graduate
- Experience: 1Year - 20Year
- Full Time/Permanent
- Work from Office
Purpose: To lead and manage the Field Development Team in the company
Division: Strategy, Transformation and Growth
Reporting: The position reports to the Executive Director, Strategy and Growth. Also reporting to the Executive Director are the Advisor, Merger and Acquisition, Banang Asset Manage, Head of Business Unit /Banang Asset Manager, GM, Wells Engineering and Delivery and Lead, Exploration
Subordinates: Production Geologist, Senior Reservoir Engineer (Banang), Snr Reservoir Engineer (SK 433)
Responsibility and Accountability of the Position:
The Group currently operates the Banang Field (offshore Terengganu, shallow water) under a Technical Service Agreement. An infill well is planned for execution in Q1 2023. There are potential subsurface upsides. However, a subsurface study will need to be conducted
In the newly acquired SK 433 block onshore in the Miri-Marudi area, the organization is committed to drill appraisal/development in 2023 with extended production testing. Work is currently on going to prepare a notional field development plan for the AKW field in SK 433.
In general, the incumbent’s role is to lead a lean subsurface (Field Development) team and manage in all aspects of field development. The resourcing strategy of the Group is to leverage on 3rd party subsurface consultants to perform static modelling, reservoir characterisation, dynamic modelling and prepare a field development plan. The incumbent is expected to manage the subsurface consultants to deliver the subsurface deliverables effectively and efficiently.
Interface:
The incumbent is expected to work closely and in an integrated manner with the Wells and the Surface Engineering Team to arrive at most cost effective and safe solutions.
The incumbent is also expected to work closely with PETRONAS and PETROS subsurface teams.
Qualifications and Experience
Background: It is a listed company on the KLSE Main Board. The Group’s vision is to be a sustainable energy company. To this end the Group has developed a Transformation Road Map aimed at growing its business in terms of revenue, margin and portfolio mix. The 5-year Transformation Road Map will deliver a portfolio which is more robust and diverse. By 2023, the Group aims to have a portfolio revenue mix of 40/40/20 i.e. 40% of its revenue from current integrated brownfield engineering, construction and maintenance segment, 40% of its revenue from Upstream segment and 20% from the renewable energy segment.
In 2012 the Group entered into the Upstream business via its 30% shareholding in Coastal Energy KBM Sdn Bhd, the Operator of the Kapal, Banang and Meranti (KBM) Risk Service Contract. In 2020, PEDSB was awarded sole operatorship of the Banang field via a Technical Service Agreement (TSA) with PETRONAS. On June 15, 2021 the group received a Letter of Conditional Award for the SK 433 Block, onshore Sarawak.
The Strategy, Transformation and Growth Division is accountable for
The Group’s values are Integrity, Professionalism, Commitment and Teamwork.