Cost Engineer

3 weeks ago

Dhahran Al Janub, Saudi Arabia MatchaTalent Full time

This role required candidate topermanently relocate at Dhahran SaudiArabia.

About theCompany

This company engagesin the exploration production transportation and sale of crude oiland natural gas. It operates through the following segments:Upstream Downstream and Corporate. The Upstream segment includescrude oil natural gas and natural gas liquids exploration fielddevelopment and production. The Downstream segment focuses onrefining logistics power generation and the marketing of crude oilpetroleum and petrochemical products and related services tointernational and domestic customers. The Corporate segment offerssupporting services including human resources finance andinformation technology. The company was founded on May 29 1933 andis headquartered in Dhahran Saudi Arabia.

Job Summary

We areseeking a Cost Engineer to join our Assets Maintenance SolutionsDepartment (AMSD) within our Global Manufacturing ExcellenceOrganization. AMSD is responsible for providing maintenancetechnical consultations towards bestinclass maintenanceorganization through conducting selective maintenance assessmentturnaround assurance and deploying cutting edge technologies andbest practice across Global Manufacturing portfolio.

Your primary role will be to to carry out cost engineeringfunctions related to maintenance and turnaround in the Oil &Gas downstream sector (refineries / petrochemicals)

KeyResponsibilities:

  • Assist in establishing estimating standards andstrategies for maintenance work and turnaround to optimize cost andreduce risks.
  • Review bottomup estimates foryearly maintenance budget.
  • Review bottomupestimates for planned turnaround.
  • Assist inestablishing guidelines for yearly budgeting for maintenance andturnaround.
  • Coordinate and work closely withMaintenance Engineer/Turnaround Engineer to prepare/review/finalizeinitial yearly maintenance budget and turnaround budget.
  • Coordinate and work closely with MaintenanceEngineer/Turnaround Engineer to review/finalize midyear and yearendbudgets.
  • Carry out spending analysis toidentify areas for cost savings and improvement.
  • Conduct replacement vs maintenance cost analysis ofassets.
  • Coordinate and work closely withMaintenance Engineer/Turnaround Engineer/Contract Advisor toestimate contract costs during the proposal stage.
  • Coordinate and work closely with ContractAdvisor/Contract Engineer to evaluate price bids from a costengineering point of view.
  • Coordinate and workclosely with Contract Advisor/Contract Engineer to prepare andestablish cost evaluation criteria.
  • Assist inpreparing developing and measuring Key Performance Indicators(KPIs) for cost performance.
  • Maintain computerrecords of cost estimating standards and guidelines.
  • Coordinate and work closely with MaintenanceEngineer/Turnaround Engineer to monitor costs at regular intervalsand produce periodic cost reports.

Requirements:

  • Willingness to relocate toDhahran Saudi Arabia.
  • Hold aBachelors degree in Engineering preferably in Mechanical ElectricalIndustrial Construction Production or a closely relateddiscipline.
  • Have a minimum of 10 years of costengineering experience in maintenance and turnaround.
  • Experience in cost benchmarking such as Solomon will beadvantageous.
  • Familiarity and experience withthe contracting process and cost engineering in contracting arenecessary.
  • Experienced in conducting bottomupestimates for yearly maintenance budgets and plannedturnarounds.
  • Proficient in the use of costestimating tools and the application of market conditions and riskmanagement to estimates.
  • Knowledgeable andexperienced in computerestimating programs such as Aspentech CCE(Capital Cost Estimator) etc. and familiarity with estimatedatabases such as Richardson or similar is required.
  • Experienced with SAP system.
  • Certification in Project Management Professional (PMP)AACECCP (American Association of Cost Engineers Certified CostProfessional) or AACECEP (American Association of Cost EngineersCertified Estimating Professional) will be preferred.

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