Job description / Role
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.
Aramco is currently seeking a Licensing Technology Commercialization Specialist to contribute to join Technology Oversight & Coordination (TOC), Licensing Division which is responsible for commercializing technologies that are developed by Saudi Aramco.
The Licensing Technology Commercialization Specialist's primary role is to handle all things related to technology commercialization witha specific focus on agreement negotiations, drafting and licensee compliance. The incumbent will be expected to work with multiple stake holders to understand the technology, structure bespoke commercialization deals, draft and negotiate license agreements and monitor the performance of the agreements after execution.
Duties & Responsibilities
Develop tailored monetization strategies to realize full value of our IP portfolio.
Develop a broad range of internal and external stakeholder relationships to build partnerships.
Perform comprehensive due diligence to support technology transactions to maximize value and minimize risks.
Lead 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 and regular evaluation of license agreements and licensee performance to prevent value deterioration.
Deliver regular project update briefings to senior management on progress versus plan.
Bachelor's degree in science or engineering discipline, an advance degree is preferred.
Ten 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.
Experienced in IP management and transactions.
Self-starter, energetic and proactive, able to work independently and collaboratively to monetize a strong and growing portfolio of worldwide patent assets.
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.
About the Company
Saudi Aramco is an integrated global energy enterprise. The company markets and exports crude oil, petroleum products, natural gas liquids and sulfur. It also ships crude oil worldwide through an affiliated company and participates in petroleum refining and marketing activities at home and abroad. Its overseas affiliates are in the United States, Egypt, the Philippines, the Republic of Korea and Japan.
Saudi Aramco's subsidiaries span the globe, with offices in Houston, Washington, New York, London, Leiden, Dubai, Singapore, Beijing, Hong Kong, Tokyo and Seoul.