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Legal Counsel – Gas & Power

TotalEnergies
Posted May 25
Full Time
On Site
Houston, Texas

Candidate Profile

  • Undergraduate degree and J.D. or equivalent law degree. 
  • Licensed to practice law in one or more US jurisidictions (Texas or New York preferred). 
  • Familiarity with power and natural gas trading activities 
  • Some familiarity with regulations and rules covering energy trading (including FERC and CFTC rules and regulations). 
  • Familiarity with the legal issues relating to physical commodity trading including commercial law. 
  • Experience in negotiating and documenting physical natural gas (NAESB), physical power (EEI) and financial (ISDA) transactions. 
  • Good understanding and working knowledge of complex energy trading transactions and related risk implications. 
  • Good interpersonal skills with ability to communicate clearly and succinctly.

 

Activities

  • Provide transactional support and legal advice to TGPNA’s natural gas, NGL, LNG, dry bulk and power trading business in the US. 
  • Review, negotiate and draft bespoke and standardized natural gas, NGL and power trading agreements (such as ISDA, NAESB, EEI and GTCs) together with the contract management team. 
  • Work with external counsel to protect TGPNA’s interests in rate cases and other regulatory mattters 
  • Prepare, negotiate and review structured transactions across all of TGPNA’s products 
  • Assist with the legal aspects of major projects within TGPNA’s business (such as reviewing project contracts and financing documentation) and managing external counsel on such projects. 
  • Advise on the TGPNA’ contractual rights in relation to various midstream agreements including pipelines, processing facilities and storage facilities; 
  • Drafting and negotiating service agreements with Group affiliates 
  • Work with TotalEnergies’ litigation team to manage disputes with counterparties 
  • Ensure that provisions in TGPNA’s agreements reflect the TotalEnergies’s HSE policies and Business Code of Conduct

 

Context & Environment

  • Volatile and heavily regulated U.S. energy trading markets. 
  • Legal aspects of the energy trading business are highly sophisticated, complex and technical. 
  • Fast moving trading environment involving time critical activities and high risk/rewards from trading operations. 
  • Highly competitive business and difficult negotiation environment. 
  • TGPNA is responsible for the TotalEnergies’ gas and power trading and marketing activities in North America, including: 
  •  purchase of wellhead, pipeline and Shale natural gas produced or owned by the Company or by non-affiliated suppliers; 
  • marketing and sales of natural gas supplies to utilities, power plants and other wholesale customers; 
  • management of LNG liquefaction terminal capacity, storage capacity and transportation capacity to secure and optimize the Company’s LNG trading activities; 
  • wholesale physical and financial natural gas and power trading to optimize the Company’s sale and purchase portfolios, including arbitrage, balancing and hedging transactions; 
  • marketing and sales of petcoke and sulfur produced from the Port Arthur Refinery; and - marketing and sales of LPG

 

Additional Information

As Legal Counsel - Gas & Power you will be a member of the TotalEnergies legal team that is 100% dedicated to providing legal support to TotalEnergies Gas & Power North America Inc.’s (TGPNA) natural gas and power trading activities in the US.
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