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Zeeco

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Estimation Engineer

DammamOn-siteFull-time

AI Summary

An Estimation Engineer prepares commercial and project estimates, evaluates vendor quotations, coordinates with engineering, procurement, and construction teams, and analyzes cost drivers and optimization opportunities for oil & gas and related industrial projects.

About this role

About Zeeco:

Zeeco is a global leader in advanced combustion and environmental solutions. With a strong presence in the oil & gas, refining, petrochemical, and power industries, we are recognized for delivering reliable, efficient, and clean technologies. Zeeco India supports global projects with engineering and documentation excellence.

Responsibilities

  • Preparation and floating enquiry for Bough out items to various Vendors and evaluation of their quotes
  • Evaluate quotations and getting clarifications with respect to project requirements
  • Coordination with purchase team for fabrication rates.
  • Discussion with manufacturing team for evaluating the Shop Man Hours.
  • Discussion with engineering team to arrive at engineering man hours
  • Coordination with Construction team for evaluation of erection cost and Modularization assembly charges (For Export bids)
  • Analysing the scope of project and complexity involved for evaluating the Project and Engineering Man Hours
  • Preparation of cost optimization points, take off and add on calculations.
  • Final Preparation of commercial estimates for customers by optimally utilizing resources at the Head Office and coordinating with various departments like Proposals, E&I, Detail Engineering, Construction team, Purchase, Logistics, Finance
  • Participation in Order Transfer Meeting during receipt of order
  • Preparation of Scope (WBS) Wise Budget and releasing in the system.
  • Supporting with Project / Procurement team at post order stage for providing Budget Basis and evaluation of those BO items.
  • Participation in Cost Review Meeting during execution phase with Projects / Finance / Marketing / Planning / Procurement
  • Checking of raw material price / steel Price Trend and availability in local market during regular intervals.
  • Reviewing the raw material Rate contracts and preparing the comparison schedule.
  • Preparation of cost database for various Bought out items.
  • Analyse about the cost overrun / savings and its impact on project.

    • Requirements

    • Knowledge about Oil & Gas products and equipments
    • Knolwedge about design codes and material specification such as ASTM, EN, Piping standards
    • Review project specification, P& ID, formulate Bill of Quantity and identify key cost drivers
    • Review of vendor proposals, technical and commercial clarifications and cost reduction methods
    • Financial instruments and its implication on input cost, project cash flow working and payment terms
    • Internal review with engineering regarding optimization of bill of quantity and manufacturing regarding man hour optimization
    • Identify risk involved and mitigation process

    Skills

    ASTMBill Of MaterialsBOMBOQCost DatabaseCost OptimizationENFinancial InstrumentsPiping StandardsWBS

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