Global Oil Gas Senior Cost Engineer

This role required candidate to permanently relocate at Dhahran Saudi Arabia.

About the Company

This company engages in the exploration production transportation and sale of crude oil and natural gas. It operates through the following segments: Upstream Downstream and Corporate. The Upstream segment includes crude oil natural gas and natural gas liquids exploration field development and production. The Downstream segment focuses on refining logistics power generation and the marketing of crude oil petroleum and petrochemical products and related services to international and domestic customers. The Corporate segment offers supporting services including human resources finance and information technology. The company was founded on May 29 1933 and is headquartered in Dhahran Saudi Arabia.

Job Summary

We are seeking an experienced Cost Engineer to join our Project Management team (PMT). Project Management Teams are directly responsible and accountable for the delivery of best in class capital projects assigned to department. PMT is directly involved in executing and managing assigned projects safely on schedule within budget and to the highest standards of integrity and compliance. This will involve engineering design procurement and construction of various sizes types and complexity of small medium to multibillion dollar mega size projects. Some of these mega projects include the Marjan Increment Program the Crude Oil to Chemicals program the Gas Compression Program the Berri & Zuluf Increment and AMIRAL Program.

Responsibilities:

• Execute capital projects according to the scope schedule and budget.
• Provide cost analysis controls and reporting for Capital and nonCapital projects.
• Offer input and recommendations for cost engineering requirements including staffing project controls and analyzing scope quantities and cost data.
• Organize monitor and control project costs aligning with contractual requirements objectives and Company procedures.
• Ensure accurate reporting of all project commitments and maintain updated project and expenditure forecasts.
• Proactively advise management of forecasted costs exceeding the approved budget.
• Utilize statistical tools for cost metrics analysis and risk assessment.
• Analyze contractors cost reports and extract necessary data for management reporting.
• Prepare and deliver monthly cost engineering information along with additional adhoc reports as requested by Management.
• Provide cost engineering expertise and coordinate activities as a group/unit leader for the cost portion of engineering procurement and construction contracts.
• Collect monitor analyze and report all cost information through the Project Manager.
• Review and analyze all claims and Change Orders on project contracts.
• Participate in project contract negotiations as necessary.
• Take appropriate action when the total forecast indicates that allocated funds will be exceeded.

Requirements:

• This role required candidate to permanently relocate at Dhahran Saudi Arabia.
• Hold a bachelors degree in Engineering from a recognized university.
• Possess a minimum of fifteen years of cost engineering experience in oil and gas petrochemical refinery projects or facilities.
• Have at least ten years of experience in managing project budgets cost tracking forecasting and financial reporting.
• Demonstrate broad multidiscipline knowledge and experience in cost engineering for Oil and Gas projects.
• Possess a certification from a Professional Organization which is highly recommended.

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