RE: More Job Opportunities16 Nov 2022 13:38
Mirasol,
I suggested that you read the executive summary. If you had, you wouldn't have asked another silly question. Here are the relevant sections:
The structure and capacity of the current Minerals team is considered to be inadequate to ensure the successful delivery of the tasks required in order for FIG to be ready for the timely commencement of the Sea Lion project. Currently the establishment is 5.1 Full Time Equivalents (FTE) of which some is a Fixed Term Contract (FTC).
3.2 A new structure to support the project has been developed, and requirements identified with job descriptions written and graded. This change will effectively increase the department by 2 FTE.
3.3 The additional costs to secure and appropriately resource a team are to be met by the revenues received by FIG from Navitas REDACTED On the basis of the budgetary implications presented in section 2 this should result in circa 3 years of funding.
4.1 Under the Islands Plan 2022 – 2026 there is a commitment to “progress extractive industries in an environmentally conscious way”. More specifically within the delivery plan there are a number of clear objectives:
4.1.1 Put in place legislative priorities for Sea Lion project Offshore Minerals Ordinance
4.1.2 Undertake project management for Sea Lion project
4.1.3 Complete resourcing and recruitment for Sea Lion project
4.2 Over the past 15 years the size of the Minerals department has expanded and contracted according to the level of activity by industry. The current Minerals department has a small team of six established posts and one fixed term contract post. As of the end of September 2022 only the fixed term and the cleaner posts were filled.
4.3 The recruitment process for the new Director of Mineral Resources has been completed and a sucessful applicant is currently progressing through the on-boarding process.
4.4 During the farm-in negotiations between Navitas and FIG, and agreement was reached to secure a fee of $1,800,000 REDACTED. This will be paid to FIG in two instalments on 1 January 2023 and 1 January 2024. This revenue is expected to be used in part to fund the costs associated with ensuring that FIG is at the appropriate level of oil readiness for the Sea Lion project to commence.
Mogger
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