Lead Cost Estimation Engineer
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Key skills for this role
About the Role
Worley seeks a Lead Cost Estimation Engineer for oil & gas projects in Abu Dhabi. The role leads cost estimation activities from conceptual to execution phases, develops CAPEX/OPEX estimates, and manages a team.
Key Skills for This Role
Responsibilities
- Lead and manage all cost estimation activities for the project during conceptual, FEED, EPC, and execution phases
- Develop, review, and validate Class 1 to Class 5 cost estimates in accordance with project requirements and industry best practices
- Prepare detailed CAPEX and OPEX estimates, including material, labor, equipment, construction, indirect costs, and contingency assessments
- Establish cost estimating methodologies, databases, norms, and benchmarks to support project decision making
- Coordinate with engineering disciplines, procurement, construction, and project controls teams to ensure accurate and timely estimates
- Evaluate contractor and vendor estimates and provide technical recommendations
- Perform cost risk analysis, sensitivity analysis, and estimate assurance reviews
- Support value engineering initiatives and identify cost optimization opportunities
- Prepare estimate basis documents, cost reports, management presentations, and supporting documentation for project approvals
- Ensure compliance with ADNOC standards, project procedures, and company estimating practices
- Lead, mentor, and supervise a team of Specialists, Senior Engineers, and Engineers involved in cost estimation activities
- Interface effectively with clients, stakeholders, and project management teams to support project objectives
Requirements
- Bachelor's degree in Engineering or equivalent from an accredited university
- Minimum 15 years of relevant experience in the Oil & Gas or Petrochemical industry
- Minimum 5 years of experience in a similar role on major Oil & Gas or Petrochemical projects
- Demonstrated experience in managing and leading teams comprising Specialists, Senior Engineers, and Engineers
- Minimum 5 years of experience in the GCC region is preferred
- Experience with ADNOC projects and offshore developments is preferred
- Strong knowledge of cost estimating techniques, industry norms, benchmarking, and estimating software/tools
- Excellent communication, leadership, and stakeholder management skills
Full Job Posting
About Us
- Worley is a global company of energy, chemicals and resources experts headquartered in Australia.
- We partner with our customers to deliver projects and create value across the life of their assets.
- We specialize in consulting, engineering, procurement and construction across the project lifecycle.
Key Responsibilities
- Lead and manage all cost estimation activities for the project during conceptual, FEED, EPC, and execution phases.
- Develop, review, and validate Class 1 to Class 5 cost estimates in accordance with project requirements and industry best practices.
- Prepare detailed CAPEX and OPEX estimates, including material, labor, equipment, construction, indirect costs, and contingency assessments.
- Establish cost estimating methodologies, databases, norms, and benchmarks to support project decision making.
- Coordinate with engineering disciplines, procurement, construction, and project controls teams to ensure accurate and timely estimates.
- Evaluate contractor and vendor estimates and provide technical recommendations.
- Perform cost risk analysis, sensitivity analysis, and estimate assurance reviews.
- Support value engineering initiatives and identify cost optimization opportunities.
- Prepare estimate basis documents, cost reports, management presentations, and supporting documentation for project approvals.
- Ensure compliance with ADNOC standards, project procedures, and company estimating practices.
- Lead, mentor, and supervise a team of Specialists, Senior Engineers, and Engineers involved in cost estimation activities.
- Interface effectively with clients, stakeholders, and project management teams to support project objectives.
Minimum Requirements
- Bachelor's degree in Engineering or an equivalent qualification from an accredited university.
- Minimum 15 years of relevant experience in the Oil & Gas or Petrochemical industry.
- Minimum 5 years of experience in a similar role on major Oil & Gas or Petrochemical projects.
- Demonstrated experience in managing and leading teams comprising Specialists, Senior Engineers, and Engineers.
- Minimum 5 years of experience in the GCC region is preferred.
- Experience with ADNOC projects and offshore developments is preferred.
- Strong knowledge of cost estimating techniques, industry norms, benchmarking, and estimating software/tools.
- Excellent communication, leadership, and stakeholder management skills.
- Ability to work effectively within multidisciplinary and multicultural project environments.
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