Job Description

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

This role would be noted as Engineer.

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 SAOO TSD/Capital Program Management Division. The organization handles and executes brown field oil & gas projects in Southern Area Oil Operations of This Company. The engineer is expected to perform project costing activities during the planning and execution phases of the project. Also, the engineer is expected to have full knowledge and experience in utilizing available costing practices to prepare project estimates and perform effective financial controls to ensure the project meets the requirements of the budget (total cost, annual expenditure forecast and cash flow).

Responsibilities:

• Prepare, review, and monitor cost commitments and expenditure forecasts for Oil industry projects.
• Initiate funding for preliminary engineering and monitor Project Proposal and Expenditure Request Estimate development activities.
• Assist in front-end planning and prepare reports for management.
• Develop and set up work breakdown structure (WBS) for projects.
• Develop, implement, and interpret cost control procedures for application to the engineering and construction of capital projects.
• Provide cost engineering expertise for engineering, procurement, and construction contracts.
• Prepare cash flow, total forecast, and project financial closeout reports.
• Review and analyze change orders and claims.
• Prepare and analyze costing data for project status reports (e.g., Project Planning Update and Monthly Project Update).

• This role required candidate to permanently relocate at Dhahran, Saudi Arabia.
• Hold a Bachelor\'s degree in Engineering, Construction Management, or Business Administration (minimum requirement).
• Have a minimum of 10 years of experience in costing and estimation of brownfield projects at Oil & Gas industry facilities.
• Ability to perform project costing/estimation activities using available costing practices.
• Recommended to have experience in processing invoices and reporting utilizing various SAP transactions and applications.
• Ability to review project estimates to ensure proper development of cost elements based on current industry practices.
• Ability to compile and analyze project costing data reports to identify deviations from the project plan and develop necessary corrective actions.
• Preferred membership with internationally recognized technical societies.

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