- Energy careers
- Environmental, Regulatory and Stakeholder Engagement
- Joint Venture Representative
Joint Venture Representative
NOC #12102
- Environment Primarily indoor/office work
- Education Post-secondary diploma
- Average salary $58,000 to $113,000
Career profile
Joint venture representatives (JVR) are responsible for overseeing the development, negotiation and monitoring of agreements between partner companies participating in joint ventures (partnerships where multiple companies come together for a variety of reasons such as to share costs and risks, to leverage economies of scale, to access new technologies and customers, or to improve access to financial resources).
Joint venture representatives integrate the requirements of disciplines such as engineering, field operations, land management, marketing, legal counsel, accounting and auditing to ensure the company’s best interests are served and the agreements can be executed successfully.
In this occupation activities may include:
- Acting as a point of contact internally and externally or non-operated properties
- Participating in property reviews that include profitability and optimization recommendations
- Establishing and maintaining good relationships with joint venture associates
- Negotiating production facility ownerships, processing and transportation agreements
- Negotiating joint venture agreements
- Managing the resolution of business and technical conflicts
Education
- Joint Venture Representatives come from diverse backgrounds, such as engineering, field operations, land management and finance. A post-secondary degree or equivalent technical diploma is typically required. An Energy Asset Management (EAM) two-year diploma is available from the Southern Alberta Institute of Technology (SAIT), in partnership with the Centre for Energy Asset Management Studies (CEAMS).
Certifications
- Specific health and safety certifications will be determined by job requirements
Licensing
- Petroleum Joint Venture Administrator Certificate
- Petroleum Joint Venture Analyst Certificate
- Travel likely required
- Primarily indoor/office work
- Work not physically demanding
You take particular interest in learning how to apply what you’ve learned from different roles and disciplines. You’re not afraid to get into the nitty gritty details of contracts.
- Active listening
- Critical thinking
- Negotiating
- Attention to detail
- Collaborative
- Law and government
- Complex problem solving
- Judgment and decision making
- Managing conflict
- Planning and organizing