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  • Job reference: RMS0139491

Senior Cost Engineer (O&G essential)

  • Sector: Commercial
  • Location: Dubai
  • Job type: Contract
  • Date posted: 17/03/2014
  • Time left:
    d h m s
This vacancy has now expired.
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The Company:
Our client is a major international Oil & Gas company.

The Role:
Senior Cost Engineer

The main purpose of this position is to provide the required senior Cost Engineering support associated with the FCP Gas Project which is a fast track project

a) Roll-out the emerging Company standard tools and processes, as appropriate for project's FEED & Execute stages.
b) Support the development of project work breakdown structures and their population from the project cost estimate.
c) Responsible for ensuring complete knowledge of estimate/cost/budget/work breakdowns and allocations/expenditures/forecasts reported against the project.
d) Support delivery of cost management solutions for FCP Gas project as appropriate under guidance of the PS lead.
e) Support preparation/review of documented Cost Time and Resource (CTR) sheets for phased cost estimates in line with the Clients guidance notes for agreement and sign-off by the CTR budget holders related to FCP Gas Scope of Works by EPSC Contractor.
f) Generate accurate monthly cost reports, highlighting variances from the plan on commitment, value of work done, changes and currency fluctuations against approved authorities for expenditure (AFEs or GIPs).
g) Support change and trend management process for projects. Analyse trends and the highlight potential impacts of changes on cost.
h) Assist in peer reviews and ESARs.
i) Support the cost team to roll out and use Dassian the new CMt for the group.


a) Maintain and promote realism in the cost forecasts in the face of commercial pressure and optimism from project teams.
b) Maintain consistency in cost bases through rigorous adherence to the controls processes.
c) Raise the awareness of the importance of developing the cost management structure in early project phases.
d) Adapt to the nature of working in Iraq environment (would require site visits)
e) Work closely with all stakeholders to finalize project cost report and analysis.

Essential Skills / Qualifications:
• 10 to 15 years of experience within Oil & Gas environment essential.
• Project Services GPES Level 2/3 with "Skill" in "Cost Management”
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