About Business:
Adani Group: Adani Group is a diversified organisation in India comprising 10 publicly traded companies. It has created a world class logistics and utility infrastructure portfolio that has a pan-India presence. Adani Group is headquartered in Ahmedabad, in the state of Gujarat, India. Over the years, Adani Group has positioned itself to be the market leader in its logistics and energy businesses focusing on large scale infrastructure development in India with O & M practices benchmarked to global standards. With four IG rated businesses, it is the only Infrastructure Investment Grade issuer in India.
Adani Welspun Exploration Limited: (AWEL)is a joint venture (JV) company between Ahmedabad-based Adani Group and Mumbai-based Welspun Group, with operations in the upstream Oil & Gas sector. Our vision is to be a key contributor to our nation’s energy needs and play a vital role in India’s Oil and Gas sector. AWEL is focused on exploration and development of India’s Natural Gas resources, keeping in view the country’s vision of transitioning towards a gas-based economy.
Job Purpose: The Lead - Planning and Cost Control is responsible for leading the planning and cost control activities for assigned capital projects in Offshore and Onshore development. The role involves managing the integration of drilling, surface development, and all related functions, ensuring cost efficiency, timely execution, and optimal project performance.
ResponsibilitiesLead - Planning and Cost Control
Overall Development Plan & Scheduling:
• Develop and manage a comprehensive field development plan (including L1, L2, L3, and L4 schedules) that sequences drilling operations and surface development from initial phases through completion.
• Create and maintain master schedules to ensure alignment of all drilling and surface activities, guaranteeing timely execution of projects.
• Continuously monitor the project timeline to identify any risks, delays, or changes, ensuring that the project milestones are met on schedule.
Cost Control & Budget Management:
• Oversee the creation and execution of budgets for all assigned projects, ensuring that actual project costs remain aligned with approved financial plans.
• Conduct variance analysis to track deviations from the baseline budget, implementing corrective actions to maintain cost efficiency.
• Perform independent impact analysis on project delays, assessing the financial implications and adjusting strategies to minimize cost overruns and manage financial risk.
Team Augmentation & Resource Management:
• Support team augmentation efforts, ensuring that the necessary skills and resources are mobilized at each phase of the project to meet evolving project demands.
Coordination & Integration:
• Ensure seamless communication and integration between the drilling, surface, engineering, projects and commissioning teams to avoid delays or misalignment in project execution.
• Collaborate with cross-functional departments, including HSE, procurement, construction, logistics, finance, and JV/government interfaces, to ensure all aspects of the project are fully integrated and aligned with organizational goals.
• Support the interface management with internal and external stakeholders
Progress Monitoring & Reporting:
• Establish and implement robust progress monitoring systems to track the status of project activities and milestones.
• Regularly review contractor schedules, productivity data, and project deliverables to assess progress against plans and identify any discrepancies.
• Prepare and present detailed progress reports to senior management, highlighting key issues, corrective actions, and risks affecting project timelines and costs.
Risk Management & Issue Resolution:
• Identify and mitigate risks by analysing their potential impact on the project schedule, cost, and resources.
• Manage claims related to project delays, including assessments of contractor performance and impact on project timelines.
Contract & Stakeholder Management:
• Collaborate with internal and external stakeholders, including senior management, JV partners, contractors, and service providers, to ensure smooth project execution and adherence to contractual terms.
Key Stakeholders - Internal:
- Project Team
- Engineering Team
- Commissioning Team
- Operations Team
- Surface Team
- Commercial Team
- Finance Team
- Human Resources
Key Stakeholders - External:
- Contractors, Suppliers, Service Providers
- Consultants: Engineering and Management
- Joint Venture Partners
Education Qualification:
Bachelor's degree in engineering (Mechanical, Civil, Electrical) and Diploma course in Finance/Strategy is preferred.
Work Experience (Range of years):
15-20 years of experience in planning & control in large Engineering Consulting/ Oil & Gas companies. Understanding of Oil & Gas fields development, project management, Statutory / environmental regulations requirements, national & international planning practices, etc.
Preferred Industry:
Oil and Gas Industry
Certification:
