Lead Cost Estimation Engineer

WorleyParsons; Abu Dhabi Industrial City; On-site; AED 150,000 - 200,000; Full time

Job summary

WorleyParsons seeks a Lead Cost Estimation Engineer in Abu Dhabi to oversee cost estimation activities across project phases. The ideal candidate will have a Bachelor's degree in Engineering, over 15 years of experience in the Oil & Gas or Petrochemical industry, and proven leadership abilities.

You will be responsible for preparing CAPEX and OPEX estimates, leading a team, ensuring compliance with ADNOC standards, and coordinating with multi-disciplinary teams for successful project delivery.

Qualifications

• Minimum 15 years of relevant experience in the Oil & Gas or Petrochemical industry.
• Minimum 5 years of experience in a similar role on major projects.
• Strong knowledge of cost estimating techniques and industry norms.

Responsibilities

• Lead and manage all cost estimation activities for the project.
• Prepare detailed CAPEX and OPEX estimates including material, labor, and equipment costs.
• Coordinate with engineering disciplines, procurement, and project controls teams.

Skills

Cost estimating techniques

Leadership

Stakeholder management

Communication skills

Education

Bachelor's degree in Engineering

Tools

Estimating software/tools

Job description

Lead Cost Estimation Engineer (ABU0298)

Company: Worley

Schedule

Full-time

Employment Type: Employee

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, with services extending through to operations and decommissioning.

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.

Key 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.