Project Cost Estimation Engineer - ADNOC Group - Abu Dhabi, UAE

ADNOC Abu Dhabi UAE; Al Ruways Industrial City; On-site; AED 290,160 - 357,120; Full time

Benefits offered by this job

Competitive tax-free salary

Comprehensive benefits package

Opportunities for career growth

Job summary

ADNOC Abu Dhabi UAE is seeking a Project Cost Estimation Engineer to support capital project development through accurate cost estimation and forecasting. This role ensures project feasibility and compliance with ADNOC standards, making a significant impact on large oil and gas projects.

The ideal candidate will have a Bachelor's degree in Engineering, at least 9 years of relevant experience, and a strong understanding of cost control principles.

Join us for competitive tax-free salary and comprehensive benefits, contributing to major ADNOC oil and gas projects.

Qualifications

• Minimum 9 years of experience in cost control and cost estimation for large oil and gas projects.
• Strong analytical and problem-solving skills.
• In-depth knowledge of cost estimation, budgeting, and cost control principles.

Responsibilities

• Support project cost estimation, forecasting CAPEX, OPEX, revenue, and associated costs.
• Assist in reviewing project proposals to ensure technical robustness and economic viability.
• Review feasibility studies and support stage gate approvals.

Skills

Analytical skills

Problem-solving

Cost estimation

Budgeting

Cost control principles

Knowledge of oil and gas industry standards

Education

Bachelor’s degree in Engineering or equivalent

Tools

Cost estimation software (K-Base, At Risk)

Job description

Position Overview

The Project Cost Estimation Engineer role at ADNOC Group Abu Dhabi supports capital project development by providing accurate cost estimation, forecasting, and value assurance across the full project lifecycle. This role plays a key part in ensuring project feasibility, profitability, and compliance with ADNOC standards while supporting investment decision‑making for large oil and gas projects.

Job Details

• Country: UAE
• City: Abu Dhabi
• Industry: Oil & Energy
• Function: Cost Estimating
• Salary: 26,000–32,000 monthly (Market estimated)
• Gender: Any
• Candidate Nationality: Any
• Job Type: Full‑time

Role Summary

The Project Cost Estimation Engineer supports projects cost estimation activities, including forecasting financial and resource requirements to deliver projects within approved scope, budget, and objectives. The role focuses on developing best practices for cost estimation, benchmarking, and cost optimization from concept through design, supporting value creation and cost reduction initiatives across ADNOC GAS projects.

What You’ll Do

• Support project cost estimation, forecasting CAPEX, OPEX, revenue, and associated costs.
• Assist in reviewing project proposals to ensure technical robustness, economic viability, HSE compliance, and energy efficiency.
• Review feasibility studies, Pre‑FEED, FEED documents, and related studies to support stage gate approvals.
• Coordinate with project teams for evaluation and submission of proposals to the Investment Committee.
• Support review of special studies and participate in task forces related to project performance, integrity reviews, inspections, and audits.
• Review project economics, profitability, contracting strategies, PMC scopes, key contract terms, and bidder lists.
• Support project activities from FEED through close‑out, including post‑completion analysis and lessons learned.
• Ensure compliance with the Project Value Assurance Process (VAP).
• Contribute to benchmarking, cost targeting, and continuous improvement initiatives in cost estimation practices.
• Support identification and implementation of cost reduction opportunities across projects.

Ideal Profile

• Bachelor’s degree in Engineering or equivalent professional qualification.
• Minimum 9 years of experience in cost control and cost estimation for large oil and gas projects.
• Strong analytical and problem‑solving skills.
• In‑depth knowledge of cost estimation, budgeting, and cost control principles.
• Experience using cost estimation software such as K‑Base or At Risk.
• Strong experience reviewing cost estimates prepared by Pre‑FEED and FEED engineers and PMCs.
• Solid understanding of oil and gas industry codes and standards related to project cost estimation.
• Professional certification in finance or cost estimation and control is preferred.

Why Join Us

• Work on major ADNOC oil and gas capital projects.
• Competitive tax‑free salary with a comprehensive benefits package.
• Exposure to investment‑grade project evaluation and governance processes.
• Opportunity to influence project economics and value creation.
• Long‑term career growth within one of the region’s most strategic energy organizations.

About the Company

ADNOC Group is a leading integrated energy company headquartered in Abu Dhabi, driving the UAE’s energy security and industrial growth. Through disciplined investment, robust project governance, and operational excellence, ADNOC delivers sustainable value while offering rewarding career opportunities for experienced engineering and cost estimation professionals.