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Cost Engineer - (Saudi Arabia)

Eram Talent

Jeddah, Makkah Province, Saudi Arabia / Rabigh, Makkah Province, Saudi Arabia / Makkah, Makkah Province, Saudi ArabiaOn-site6mo ago

About the role

We are actively seeking an experienced Cost Engineer to support oil & gas project. The role focuses on cost estimating, cost control, budgeting, and supporting project teams through all phases of execution.

Responsibilities

  • Prepare cost estimates for feasibility, FEED, and EPC phases.
  • Develop and manage project cost budgets and forecasts.
  • Monitor cost performance, identify variances, and recommend corrective actions.
  • Support contract evaluations, bid analysis, and change management.
  • Prepare cost reports, cash flow projections, and KPIs.
  • Coordinate with engineering, procurement, and planning teams.
  • Ensure compliance with industry standards and internal procedures.

Requirements:

  • Bachelor’s degree in Engineering, Finance, or related field.
  • 3+ years of cost engineering experience in upstream and/or downstream projects.
  • Strong knowledge of estimating methods, cost control tools, and project management concepts.
  • Proficiency in Excel and cost management software (e.g., SAP, Primavera, AACE practices).
  • Strong analytical, communication, and reporting skills.

Benefits

Salary is not a constraint ,company is looking for right candidate .

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