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  • Job reference: RMS0143283

Cost Engineer - Project Engineering

  • Sector: Oil & Gas
  • Location: Saudi Arabia
  • Job type: Permanent
  • Date posted: 14/07/2014
  • Time left:
    d h m s
This vacancy has now expired.
The Company:
Saudi Aramco:

The Saudi Arabian Oil Company is the state-owned oil company of the Kingdom of Saudi Arabia and is ranked first among oil companies worldwide in terms of crude oil production and exports. People are central to what they do.

Saudi Aramco’s employees are recognised across the industry for excelling in their specialist fields. This recognition is built on an investment in their employees, giving them opportunities to gain valuable experiences and qualifications that allow them

The Role:
We have an immediate requirement for an experienced Cost Engineer to join our Project Management organization based in Saudi Arabia.

The successful candidate requires extensive experience in the field of Cost Engineering and will be responsible for cost engineering, cost estimating, and cost analysis/control activities for Capital and non-Capital projects.

Provide input and recommendations for cost engineering requirements relative to staffing, project controls, and preparing and analyzing comparisons of scope, quantities and cost data between the project forecasts and the budgets.
- Organize, monitor and control project costs and will define project needs for cost control in accordance with contractual requirements, objectives and Company procedures.
- Ensure that all project commitments are accurately reported and will maintain updated final project and expenditure forecasts.
- Advice management regarding forecasted costs overruns of approved budgets and recommends corrective actions.
- Assist Project Engineers in contractual cost compliance during negotiations of scope changes.
- Must be able to use statistical tools to analyze costs metrics and perform risk analysis.

Essential Skills / Qualifications:
BS degree in Engineering, with a minimum of 10 years cost engineering experience, including at least five years devoted to petrochemical, refinery, pipeline, infrastructure or power generation projects.
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