Lead Project Development Engineer (Cost Estimation)

Interested candidates, kindly mail to [HIDDEN TEXT]

Job Summary:

We are looking for an experienced Cost Estimation Engineer to support project cost estimation, budgeting, cost benchmarking, and cost control activities across offshore (deepwater and shallow-water) and onshore projects. The role involves maintaining the in-house cost database, supporting project planning and budgeting, and reviewing external cost estimates throughout the project lifecycle.

Key Responsibilities:

• Prepare in-house multi-class cost estimates covering CAPEX and OPEX for offshore and onshore projects.
• Conduct cost benchmarking against comparable industry projects and developments.
• Develop estimation methodologies and Basis of Estimate (BOE) documents.
• Maintain and update the in-house cost database, including historical data, benchmark metrics, and unit rates.
• Support the development of the Project Work Breakdown Structure (WBS).
• Translate approved estimates into phased project budgets aligned with the WBS and project schedule.
• Provide technical inputs to the SAP team for Purchase Requisitions and service entry preparation.
• Review cost estimates prepared by external agencies and provide structured feedback.
• Ensure systematic documentation, traceability, and maintenance of cost estimates.

Skills & Competencies:

• Knowledge of project lifecycle stages, concept screening, offshore, subsea, and onshore production facilities, and oil and gas processing.
• Understanding of offshore installation methods, onshore construction, pre-commissioning, commissioning, and HUC scope.
• Knowledge of Class 1–5 cost estimate classification and cost estimation methodologies.
• Familiarity with industry-standard cost estimation software and tools.
• Strong analytical, documentation, and cost evaluation skills.
• Advanced proficiency in MS Excel and working knowledge of MS Word and PowerPoint.
• Excellent communication and collaboration skills to interact with multiple departments and disciplines.

Education & Experience:

• B.E. in Mechanical, Chemical, or Petroleum Engineering.
• Minimum 10 years of relevant experience in the oil and gas sector.

Interested candidates, kindly mail to [HIDDEN TEXT]