Technology Commercialization Lead

3 weeks ago


Dhahran, Saudi Arabia Aramco Overseas Company UK Ltd Full time
Aramco energizes the world economy.

Aramco occupies a unique position in the global energy industry. We are the world's largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer.

With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco's value to society.

Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations' spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom's vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.

We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.

Overview

Saudi Aramco Technologies Company (SATC) is currently seeking a motivated individual to contribute to the success of our Licensing Division. The ideal candidate is experienced in IP management and transactions. The preferred candidate is a self-starter, energetic and proactive, able to work independently and collaboratively to monetize a strong and growing portfolio of worldwide patent assets. The candidate must be comfortable in a role that requires him/her to work with different stake holders with different priorities.

Duties and Responsibilities

  • Develop tailored monetization strategies to realize full value of our IP portfolio
  • Implement monetization strategies by
    • Developing a broad range of internal and external stakeholder relationships to build partnerships
    • Performing comprehensive due diligence to support technology transactions to maximize value and minimize risks
    • Leading negotiations
    • Drafting and executing agreements
  • Maximize value of existing license agreements by
    • Ensuring compliance of licensees, including royalty compliance and monitoring to prevent revenue leakage,
    • regular evaluation of license agreements and licensee performance to prevent value deterioration
    • Deliver regular project update briefings to senior management on progress versus plan

Miniumum Requirements

  • Bachelor's degree in Science or Engineering discipline, an advance degree (i.e. MS, Ph.D. or an MBA) is preferred
  • 10+ years of combined experience in a minimum of three of the following functions: research, development, operations, business development, intellectual property management, intellectual property transactions, consulting and finance
  • Proven ability to assess IP and its impact, generate licensing opportunities, negotiate terms and execute agreements
  • Experience in complex licensing and sales transactions, preferably in Oil & Gas industry
  • Experience in marketing and communications campaigns, especially related to technology marketing
  • Experience in freedom to operate (FTO) analyses, developing evidence of use/ claim charts are preferred.
  • Strong leadership, communication, research/analytical, organizational, creative and problem-solving skills

Working environment

Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.

At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world's biggest technical, logistical and environmental challenges, we invest heavily in talent development.

We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs - one of the largest in the world.

Country/Region: SA
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