Lead Cost Estimation Engineer

WorleyParsons; Abu Dhabi; On-site; AED 480,000 - 840,000; Full time

Job summary

Worley is seeking a Lead Cost Estimation Engineer for our Abu Dhabi project, responsible for leading all cost estimation activities from concept through execution. The role requires developing and validating Class 1–5 estimates, preparing CAPEX/OPEX, and driving cost optimization.

The ideal candidate holds a Bachelor's in Engineering with 15+ years in Oil & Gas or Petrochemical, including 5+ years in GCC and ADNOC projects, and strong leadership across multidisciplinary teams.

Qualifications

• Bachelor’s degree in Engineering or equivalent from an accredited university.
• Minimum 15 years in Oil & Gas or Petrochemical industry.
• Minimum 5 years in a similar role on major Oil & Gas or Petrochemical projects.
• 5+ years GCC region experience preferred.
• ADNOC projects and offshore developments experience preferred.
• Strong knowledge of cost estimating techniques, benchmarking and software.

Responsibilities

• Lead and manage all cost estimation activities across project phases (conceptual to execution).
• Develop, review, and validate Class 1–5 cost estimates per project requirements.
• Prepare detailed CAPEX and OPEX estimates including material, labor, equipment, construction, indirect costs and contingency.
• Establish cost estimating methodologies, databases, norms and benchmarks for decision-making.
• Coordinate with engineering, procurement, construction and project controls teams to ensure accuracy.
• Evaluate contractor and vendor estimates and provide technical recommendations.
• Perform cost risk and sensitivity analyses and estimation assurance reviews.
• Mentor and supervise a team of specialists, senior engineers, and engineers.
• Interface with clients and stakeholders to support project objectives.

Skills

Cost estimation

Team leadership

Stakeholder management

Cost risk analysis

Education

Bachelor's degree in Engineering

Tools

Estimating software

Job description

Lead Cost Estimation Engineer (ABU0298)

Company: Worley

Schedule: Full-time

Employment Type: Employee

Job Posting: Jul 6, 2026

About Worley

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, with services extending through to operations and decommissioning. Leveraging extensive experience and AI-enabled delivery, we support customers in navigating complexity as they meet today’s needs and transition to more sustainable solutions.

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.

Qualifications

• 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.