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Cost Engineer
Shell
Remote cost engineer managing cost control, forecasting, and reporting for Shell downstream projects.
2d ago
Intermediate (4-7 years), Expert & Leadership (13+ years), Experienced (8-12 years)
Full Time
Chennai, Tamil Nadu, India
Hybrid
Company Size
103,000 Employees
Service Specialisms
Exploration
Production
Refining
Marketing
Trading
Chemicals
Biofuels
Lubricants
Sector Specialisms
Energy
Lubricants
Oil and Gas
Renewable Energy
Natural Gas
Liquefied Natural Gas
Gas to Liquids
Low-carbon Energy Solutions
Role
What you would be doing
cost forecasting
cost reporting
earned value
cbs implementation
gsap networks
change management
- Continuously grow the transferable skills you need to get ahead.
- Assist with the continuous improvement and implementation of standardized work processes for effective cost control.
- Assist the development and implementation of CBS (Cost Breakdown Structure) for Capital Projects portfolio, the estimate breakdown, and WBS (as applicable).
- The Projects Portfolio Cost Engineer scope involves supporting the delivery of consistent and appropriate cost management structures/tools/processes for Portfolio of small Capital Projects (site) throughout all the phases.
- Exposes the individual to all cultural backgrounds and organizational levels across the globe, across diverse time zones.
- Participate and comply with all safety programs.
- Deliver accurate/high-quality monthly Estimate Forecasts for Projects.
- Support implementation of Cost Control Processes: Embed and maintain in Shell and Contractor processes; Commitment capture, VOWD (Value of Work Done), Cost forecasting/phasing and Earned Value Management consistent with Shell procedures, Variance analysis. Establish Cost Report content and frequency, prepare and conduct budget holder reviews, and publish. Support Contracts and Procurement group by providing detailed cost and performance analysis.
- The role primarily involves the remote support to the Project control of downstream operating units/sites.
- Monitor the work hour consumption and associated cost of the Contractor activities against the contractual targets such that potential deviations are identified, and the appropriate corrective actions are taken.
- Assist in the maintenance of Change/Trend and Contingency Management: ensure that appropriate changes/trends are reflected in the regular cost forecast updates. Prepare forecasts and review with budget holders. Establish linkage between Change/Trend Management and Contingency Management, perform the Contingency drawdown and ensure accurate current status is reflected in reports.
- Shift work following operating hours of the Downstream operation units across the globe.
- GSAP Network creation in the correct WBS for PO generation based on IPA standards, Networks close-out, PO status report generation (from GSAP and BP and TRACK), BP/GSAP Cost reports generation (Monthly exercise), Time-writing by exception (Shell staff) Monthly exercise, Productivity Reporting (weekly).
- Virtual working with key stakeholders for day-to-day operations
- Assist Cost Reporting: generation of accurate monthly cost reports, including variances from the plan on commitment, value of work done, management of changes and currency fluctuations against approved Authorities For Expenditure (AFEs)
What you bring
project controls
bachelor's
cost engineer
ecosys
powerbi
sap
- Working knowledge of a broad range of Project Controls systems, tools, and practices specifically in Oil & Gas industry.
- Bachelor's degree in Engineering/Technologist Degree and/or Certification as a Cost Engineer or equivalent experience.
- Preferred experience in following tools: Ecosys, PowerBI
- 2-8 years refinery or petrochemical industry experience in cost engineering / cost controls.
- Preferred experience in refinery or petrochemicals plant turnarounds.
- Works effectively in a Team environment and build consensus & Customer focus.
- Experience in Cost Engineering / Cost Controls positions for portfolio capital projects
- Effective initiative to identify and help resolve business and technical issues within areas of responsibility.
- Skill in PowerPoint, Word, Outlook, SAP/ GSAP, Excel, Ecosys.
- Background in Oil and Gas maintenance and operations is an advantage.
- Excellent analytical, oral and written communication skills
- Strong leadership, communication, report-writing, and presentation skills.
- Gain access to a wide range of training and development programmes.
- Grow as you progress through diverse career opportunities in national and
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People also searched
Company
Overview
284 Billion USD
Annual Revenue (2024)
Generated through integrated operations spanning exploration to retail.
47k Stations
Mobility Retail Presence
Operates over 47,000 stations globally.
54k EV Chargers
EV Infrastructure Expansion
Provides more than 54,000 EV charging points worldwide.
- Evolved from a merger of two companies, becoming a global energy leader.
- Typically involves deep-water oil and gas projects, large-scale LNG, and EV infrastructure.
- Organized into key business units, bridging traditional and emerging energy solutions.
- Blends traditional fuels with renewable energy sources to diversify offerings.
- Strategic pivots include doubling oil and gas production while scaling back some renewables.
- Known for bold moves like sponsoring top sports teams and expanding into new markets.
- We live our core values of honesty, integrity and respect
- Core values of honesty, integrity and respect help create a diverse and inclusive culture
- Approachable leaders: an informal, flat hierarchy where doors to senior management are open
- Teamwork: achieving goals through teamwork across physical, remote and virtual teams
- On‑boarding buddy assigned to each new joiner
- Supportive network helping settle in and build friendships
- Shared purpose and passion: working alongside colleagues who share a commitment to progress
- Personal development: learner mindset, on‑the‑job learning, coaching, mentoring, formal training
- Global‑scale participation: involvement in external engagements, learning and sharing expertise
2050 Net-Zero Target
Net-Zero Emission Goal
Committed to achieving net-zero emissions by 2050.
50% Emission Reduction
Emissions Reduction Target
Aims to cut absolute emissions by 50% by 2030, measured against 2016 levels.
£19.8M Investment
Conservation Funding
Invested £19.8 million in U.S. conservation efforts between 2015 and 2017, with ongoing partnerships like NFWF.
1M tonnes/year
Plastic Waste Utilization
Aim to use 1 million tonnes of plastic waste annually in global chemical plants by 2025.
- Aim to reduce the net carbon intensity of energy products sold by 100% by 2050 (vs 2016)
- Emissions from own operations peaked in 2018; own operations represent <10% of total emissions
- By 2025, aim to use 1 million tonnes/year of plastic waste in global chemical plants
- By 2030, 30% recycled plastic in packaging; packaging to be reusable or recyclable
35% women leadership target by 2025
Gender Representation
Aiming for 35% women in senior leadership roles by 2025 and 40% by 2030.
42% Board women representation
Board Composition
42% of board members and 43% of executive committee members are women as of 2023.
100% HRC CEI score
LGBT+ Inclusion
Recognized as an 'Advocate' by Workplace Pride and achieved a 100% score in the US HRC CEI since 2016.
88% employee engagement
Engagement Rate
employee engagement survey achieved an 88% response rate in 2023, up from 87% in 2022.
- 40% of graduate hires were women in 2023; experienced hires 38% women
- Board had three ethnic-minority members (end-2023); one ethnic-minority Executive Committee member
- Target: 15% ethnic-minority representation in senior management by 2027
- Disability inclusion: aim to make service stations inclusive by 2030; support and adjustments for disabled staff
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