Posted 4 months ago
Cost Engineer - (Saudi Arabia)
JeddahOn-siteFull-time
AI Summary
An experienced Cost Engineer supports oil & gas projects by preparing cost estimates, controlling budgets and forecasts, monitoring cost performance, and coordinating with engineering, procurement, and planning teams.
About this role
We are actively seeking an experienced Cost Engineer to support oil & gas project. The role focuses on cost estimating, cost control, budgeting, and supporting project teams through all phases of execution.
Responsibilities
- Prepare cost estimates for feasibility, FEED, and EPC phases.
- Develop and manage project cost budgets and forecasts.
- Monitor cost performance, identify variances, and recommend corrective actions.
- Support contract evaluations, bid analysis, and change management.
- Prepare cost reports, cash flow projections, and KPIs.
- Coordinate with engineering, procurement, and planning teams.
- Ensure compliance with industry standards and internal procedures.
Requirements:
- Bachelor’s degree in Engineering, Finance, or related field.
- 3+ years of cost engineering experience in upstream and/or downstream projects.
- Strong knowledge of estimating methods, cost control tools, and project management concepts.
- Proficiency in Excel and cost management software (e.g., SAP, Primavera, AACE practices).
- Strong analytical, communication, and reporting skills.
Benefits
Salary is not a constraint ,company is looking for right candidate .
Skills
AACE PracticesBudgetingCost ControlCost EstimatingCost ReportsExcelOil & Gas ProjectsPrimaveraProject ManagementSAP
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