Senior Cost Estimation Engineer

Penspen; Abu Dhabi; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading energy services company is seeking a Senior Cost Estimation Engineer based in Abu Dhabi. The role involves managing cost estimation, cost control, and invoicing for mega Oil & Gas EPC projects. Candidates should have 15+ years of relevant experience, strong analytical and communication skills, and familiarity with SAP systems. ADNOC PMC/client experience is preferred. This position offers a full-time contract and is project-based in the UAE.

Qualifications

• 15 years of experience in oil & gas or LNG projects.
• Proven experience in mega Oil & Gas EPC projects.
• ADNOC PMC/client experience is highly preferred.

Responsibilities

• Prepare and review cost estimates for EPC projects.
• Monitor project cost control and track budgets.
• Manage invoicing and payment processes.
• Maintain project financial records using SAP.
• Coordinate with teams and vendors for cost integrity.
• Support budget forecasting and financial reporting.
• Provide input to tendering and procurement processes.
• Ensure compliance with ADNOC PMC/client cost procedures.

Skills

Cost Estimation

Cost Control

Invoicing

Analytical skills

Organizational skills

Communication skills

Education

Bachelor’s degree in Engineering

Tools

SAP systems

Job description

Senior Cost Estimation Engineer

Position: Senior Cost Estimation Engineer
Project: PMC

Penspen is a leading energy services company, providing engineering, project management, asset management and integrity services to the energy industry worldwide for over 65+ years. Originally founded in the UK in 1954 as Spencer & Partners, the company has now grown to include almost 1,000 members of staff, with major offices in London, Mexico, Colombia Houston and Abu Dhabi. (https://www.penspen.com)

We are seeking an experienced PMC Cost Estimation Engineer with a strong background in mega Oil & Gas EPC projects to manage cost estimation, cost control, and invoicing activities. The ideal candidate will have hands‑on experience with SAP systems and a strong understanding of ADNOC PMC/client processes.

Responsibilities

• Prepare and review cost estimates for EPC projects, ensuring accuracy and compliance with company and client standards.
• Monitor project cost control, track budgets, and provide variance analysis to project management.
• Manage invoicing and payment processes, ensuring timely and accurate submissions.
• Maintain and update project financial records and cost reports using SAP or equivalent tools.
• Coordinate with project teams, contractors, and vendors to ensure cost data integrity and adherence to project financial targets.
• Support project management in budget forecasting, cash flow tracking, and financial reporting.
• Provide input to tendering and procurement processes from a cost perspective.
• Ensure compliance with ADNOC PMC/client cost procedures and reporting requirements.

Qualifications & Experience

• Bachelor’s degree in Engineering.
• Total15 years of experience in for oil & gas or LNG projects.
• Proven experience in mega Oil & Gas EPC projects.
• Hands‑on experience with Cost Estimation, Cost Control, and Invoicing.
• Experience working with SAP systems for cost tracking and reporting.
• ADNOC PMC/client experience is highly preferred.
• Strong analytical, organizational, and communication skills.

If interested, please click the link below
https://careers.penspen.com/vacancy/senior-cost-estimation-engineer--603021.html

Country Job Based In UAE Location UAE - Abu Dhabi Job Family Engineering Type of Contract Fixed Term Contract Full/Part time Full Time Region (current) Middle East Closing Date 22/01/2026 Ref No 15598