Cost Engineer | Oil&Gas | Saudi Arabia - L1

Job Description

Job Title: Cost Engineer
Job Code: ESD421
Department: Cost Estimation Section
Industry: Oil & Gas / Engineering Projects

Job Location: Saudi Arabia
Interview Location: Singapore

Job Purpose

The Cost Engineer is responsible forpreparing cost estimates, monitoring project budgets, and supporting cost control activities for engineering and construction projects. The role ensures accurate cost forecasting and supports project teams in maintaining financial efficiency throughout the project lifecycle.

Key Responsibilities

• Preparedetailed cost estimates for engineering, procurement, and construction projects.

• Analyzeproject scope, materials, labor, and equipment costs to develop accurate project budgets.

• Supportcost control and budget monitoring during project execution.

• Review project plans, drawings, and specifications to determinecost requirements.

• Preparecost reports, forecasts, and variance analysis.

• Coordinate withengineering, procurement, and project management teams for cost-related inputs.

• Identify opportunities forcost optimization and efficiency improvements.

• Ensure compliance withcompany procedures and industry standards for cost estimation.

Requirements

Education:
Bachelor’s Degree inEngineering, Construction Management, or related field.

Experience:
Minimum8–10 years of experience in Cost Engineering / Cost Estimation, preferably inOil & Gas, Petrochemical, or large EPC projects.

Technical Skills

• Cost estimation and budgeting

• Project cost control and monitoring

• Cost analysis and forecasting

• Knowledge ofEPC project costing

• Familiarity withengineering drawings and project specifications