Diversified Abu Dhabi‑owned energy group operating across the oil, gas, refining, trading and petrochemicals value chain.
Manage cost estimation, forecasting, and control for oil & gas projects.
13 days ago ago
Intermediate (4-7 years)
Full Time
Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates
Office Full-Time
Company Size
65,000 Employees
Service Specialisms
Oil and Gas Exploration
Petroleum Refining
Natural Gas Production
Energy Trading
Logistics
Engineering
Drilling Services
Offshore Services
Sector Specialisms
Natural Gas
Residential
Commercial
Industrial
Fuel Distribution
Convenience Stores
Oil and Gas Exploration
Offshore Oil and Gas
Role
Description
Provide cost estimates/ breakdown structure and any other information required for the preparation of budgets, cost management plans and business plans.
Prepare project cost estimates for various types of capital development projects and major maintenance schemes in adequate estimate class, details and accuracy and passes, through supervisor, for management approval.
Participate in providing Consultancy estimate services to operating divisions. Evaluate variations to contract and participate in techno-commercial appraisal and its finalization. Participate in the preparation of techno-economic and feasibility studies, lifetime cost cycles, project cost risk analysis and update cost data systems.
Participate as Task Force Member for cost effective feasibility studies, quantified risk assessment and optimization studies for new schemes / modification.
Prepare cost estimates upon receiving scope of work by projecting historical data to reflect present and anticipated market trends and / or develop cost estimates from first principle by analysis and determining total resources required, i.e. man-hour, manpower, duration, materials and equipment.
Forecast cost and prepare a complete project cost outlook in different classes, types and methods for capital development projects, modifications and maintenance works engineered and/or managed by discipline engineering division to ensure sufficient finding and recommend appropriate budgets for such projects.
Evaluate project bids and provide advisory services / cost comparison to asset departments during the construction bids analysis against the cost estimates, to achieve the most economic lump sum prices.
Carry out cost estimates assuming alternative implementation strategies and provides recommendation for most economical options.
Prepare cost risk customized analysis utilizing appropriate software to determine risk levels of major projects, involving risk quantification and simulations.
Determine construction methods and logistics for implementation and construction schedule to produce activity-duration cost estimates.
Develop detailed project cost estimates, which is considered as yardstick by which contractor's / Bidder’s tenders are appraised.
Review project cost estimates produced by consultants and consolidate the same with indirect owners cost to arrive at project budgets.
Visit sites to determine methods of construction, manpower and time required to execute the work.
Participate with project team in producing negotiating strategies and actual involvement in negotiations with contractors until contract finalization and in appraisal / approval of contract variation order for various projects.
Evaluate variations to contracts and provide cost forecast services to other operating and technical Divisions. Prepare cost-engineering studies, project life cycle costing and cost estimate risk analysis. Provide Cost Estimating support to projects at all stages of the process.
Study and analyse project execution plan, procurement and contracting strategies, construction method statement from mobilizations, through fabrication, installation until final commissioning and project completion, to evaluate / allocate proper budget breakdown against each direct cost element.
Requirements
Benefits
Information not given or found
Training + Development
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Interview process
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Visa Sponsorship
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Security clearance
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Company
Overview
Founded in 1971
Year Established
The company traces its origins back to 1971, marking its journey from a national oil firm to a global energy leader.
5M bpd target
Oil Output Goal
The company aims to boost its oil production capacity to approximately 5 million barrels per day by 2030.
It pursues multi-billion-dollar developments: upstream oil & gas fields, world-scale refineries like Ruwais, and petrochemical hubs.
Offshore operations are among the world’s largest, spanning nine fields, artificial islands, and deep subsea projects.
A major LNG and gas processor, it exports liquefied gas globally while supplying domestic power, water, and industrial users.
Subsidiaries include refining, drilling, distribution, shipping, trading, industrial gas, fertilizers, polymers, and city gas.
Investments span hydrocarbons, petrochemicals (via Borouge, Fertiglobe), and international ventures like Covestro and Santos.
It’s building thermally integrated mega-sites, pioneering subsea power grids offshore, and running the fourth-largest single-site refinery.
It’s emerging as a global chemicals and LNG trader through XRG and public listings on the Abu Dhabi exchange.
Despite its scale, it quietly made history: offshore carbon-cutting grids, subsea power, mega-ammonia & fertilizer units, and polymer giants.
Culture + Values
Safety First
Integrity and Transparency
Excellence
Sustainability
Innovation
Teamwork
Environment + Sustainability
Net Zero by 2050
Climate Commitment
Targeting net-zero emissions by reducing and offsetting all greenhouse gas emissions.
25% by 2030
Emission Reduction Target
Aiming to reduce carbon emissions by 25% by 2030 as an interim step toward net-zero goals.
Investing in technologies for carbon capture and storage
Focus on natural gas as a cleaner energy source
Implementation of sustainable practices in oil and gas operations
Progress towards reducing water usage and improving waste management
Inclusion & Diversity
Focus on increasing women in leadership roles
Initiatives for gender equality in the workplace
Programs to ensure a diverse and inclusive workforce
Strategic hiring to ensure balanced representation across roles