Core Laboratories Is The Reservoir Optimization Company™
Core Laboratories Inc. is a leading provider of proprietary and patented reservoir description and production enhancement services and products used to optimize petroleum reservoir performance. The Company has over 70 offices in more than 50 countries and is in every major oil-producing province in the world. Our services, products, expertise, and innovations will continue to be essential as our clients meet the growing demand for energy globally. For more information, visit https://www.corelab.com
At Core Lab, our values matter: Safety, Honesty and Integrity, Customer Focus, Building Trust, and Employee Development. We regard our employees as our greatest asset. We believe that identifying, attracting, developing, and retaining talent are significant actions because our people are so important to us.
Contracts Administrator
Job Purpose
This position will be responsible for reviewing commercial and government contracts to ensure they meet legal requirements and align with Company goals and policies. The Contracts Administrator will report to the Contracts Manager, who has oversight for contract preparation and negotiations throughout the Company. The Contracts Administrator will have discretion in dealing with internal employees and the Company’s clients and vendors in the drafting, review, negotiation and administration of contracts.
ESSENTIAL DUTIES AND RESPONSIBILITIES / KEY ACCOUNTABILITIES (Other duties may be assigned:
- Performs contract review and drafting, creating detailed contracts for various business needs, subject to final approval by the Contracts Manager and/or the Assistant General Counsel.
- Ensures contract terms comply with applicable laws and regulations and Company policies.
- Develops and maintains standard contract templates common to the oil field services industry to facilitate execution while providing customary legal protections for the Company.
- Communicates with internal clients and/or contracts administrators at the Company’s clients and vendors to negotiate favorable contract terms.
- Addresses and resolves disputes or disagreements with contract counterparties during negotiations.
- Provides advice, recommendations and interpretation of contract terms, legal obligations and risk exposure to business unit management.
- Works with business unit leaders to develop strategies for minimizing contractual risk.
- Prioritizes contracts and regularly communicates with the Contracts Manager regarding status of contracts under review leading to final execution.
- Collects, catalogues, and manages all contracts between the Company’s business units and their clients.
- Maintains contract management processes and tools to track status of contract review and allow for efficient retrieval of documents.
- Responsible for other duties as may be assigned.
Education
Bachelor’s degree in business administration, finance or humanities (or related field) required.
Experience
Three + years of relevant industry experience in oil and gas required (preferably the oil field services industry).
Certifications/Licenses
None required.
Knowledge
This position requires experience in the oil and gas industry, as well as an in-depth understanding of the structure of contracts common to the oil field services industry, including master work agreements, framework agreements, commercial tenders, lease agreements, non-disclosure agreements and guaranty agreements.
Skills
Strong MS Office Skills
Attributes
Must demonstrate the ability to understand the significance of contract provisions within the context of the underlying transaction.
Must be able to interact with clients to help reach a consensus on the final terms that should be approved with the Law Department having ultimate authority on legal questions.
Core Laboratories, including all of its affiliated and related entities, is an equal opportunity employer and is committed to creating an inclusive environment for everyone. Employment decisions are made regardless of characteristics including, but not limited to, race, color, sex, sexual orientation, gender identity, national origin, age, disability, religion, genetic information, protected veteran or uniformed service member status, and any other characteristic protected under applicable law.