Senior Upstream Cost Engineer Drilling & Field Development

Confidentail; Abu Dhabi; On-site; AED 180,000 - 300,000; Full time

Job summary

Confidentail is seeking an experienced Upstream Cost Engineer to oversee all cost control activities for drilling, exploration, field development and reservoir management projects in Abu Dhabi. You will manage cost breakdown structures, develop detailed estimates, and track forecasts against budgets.

The role requires 10–15 years of upstream cost engineering experience, preferably in drilling and development phases, with strong risk analysis and report-writing skills.

Qualifications

• Bachelor's degree in Engineering or equivalent in a relevant field.
• 10–15 years of proven Upstream Cost Engineering experience.
• Experience in drilling, exploration, field development, and reservoir management is preferred.

Responsibilities

• Oversee cost control for upstream oil & gas projects, incl. drilling, exploration, field development, and reservoir management.
• Develop and manage cost breakdown structures for all project phases.
• Prepare and maintain detailed cost estimates for drilling operations and development plans.
• Track forecasts, variance logs, and implement corrective actions for budgets.
• Prepare timely cost reports comparing actuals to plan and flag overruns.
• Lead cost reviews with internal teams and external partners.
• Conduct cost risk analysis and mitigation planning for cost uncertainties.
• Support man-hour planning and resource allocation for rigs and campaigns.
• Prepare and update annual project budgets and work programs.

Skills

Cost control

Cost estimation

Budgeting

Risk analysis

Project coordination

Education

Bachelor's Degree in Engineering

Tools

Cost management systems

Job description

Confidentail is seeking an experienced Upstream Cost Engineer to oversee all cost control activities for drilling, exploration, field development and reservoir management projects in Abu Dhabi. You will manage cost breakdown structures, develop detailed estimates, and track forecasts against budgets.

The role requires 10–15 years of upstream cost engineering experience, preferably in drilling and development phases, with strong risk analysis and report-writing skills.