Interim Head of Business Development - Petrochemicals (Client Hire)

Flexing It is a freelance consulting marketplace that connects freelancers and independent consultants with organisations seeking independent talent.

Flexing It has partnered with Our Client - a group company of a leading Pharmaceutical firm is looking to engage with a Business Development Head from Petrochemicals & Oil Rigs.

Key Responsibilities:

• Lead the Business Development function for the petrochemicals vertical, with a focus on oil rigs and exploration assets.
• Identify, evaluate, and pursue strategic acquisition opportunities, particularly underperforming oil rigs in India and internationally.
• Drive M&A strategy end–to–end–target identification, due diligence, financial evaluation, negotiations, and integration.
• Develop and maintain a robust pipeline of potential acquisition targets in coastal regions globally.
• Leverage existing network and build strategic relationships with key stakeholders in the global petrochemical and oil exploration sector.
• Collaborate with internal cross-functional teams – legal, finance, technical – to execute deals smoothly.
• Monitor and assess market trends, regulatory changes, and competitive landscape to identify new growth avenues.
• Represent the company at international forums, trade shows, and industry conferences.
• Work closely with the leadership team to align expansion strategies with overall business goals.

Skills Required

• 15+ years of experience in business development, M&A, or strategy in the petrochemicals/oil & gas sector.
• Proven track record of deal-making, especially with international assets or companies.
• Deep understanding of upstream oil & gas operations, especially rig operations.
• Strong global network in the petrochemical space, especially in coastal countries with active oil rigs.
• Excellent negotiation, leadership, and stakeholder management skills.
• MBA or relevant technical qualification preferred