Strategic Wells Cost Engineer (Decommissioning)

Well-Safe Solutions Ltd; Aberdeen City; Hybrid; GBP 70,000 - 95,000; Full time

Job summary

Well-Safe Solutions Ltd in Aberdeen is seeking a Wells Cost Engineer to deliver robust cost management for decommissioning projects. You will handle cost estimation, budgeting, tracking, forecasting, and governance, collaborating with Wells Engineers, Project Controls and Finance.

The role requires 5–10 years in upstream energy, strong cost engineering experience in wells/drilling, and proficiency with ERP systems.

Qualifications

• Minimum 5–10 years’ upstream energy experience in a major project cost engineer role.
• Proven experience in cost engineering within wells or drilling operations.
• Strong understanding of well P&A cost drivers and offshore operations.
• Proficiency in cost management tools and ERP systems.
• Knowledge of OEUK guidelines and UKCS regulatory environment.
• Excellent analytical and communication skills.
• Team player with ability to build strong working relationships between Project Teams, Company Business Groups and 3rd party contractors.
• Proactive, delivery focused, can operate in a high paced environment and is adaptable to working in a transformative organisation.

Responsibilities

• Develop and maintain cost management frameworks, procedures, and tools for wells projects.
• Prepare detailed cost estimates across the project lifecycle, including probabilistic risk analysis and contingency planning.
• Track commitments, VOWD, accruals, and forecast costs, ensure accurate coding of requisitions and invoices.
• Collaborate with Wells Engineers, Project Controls, and Finance to ensure integrated cost reporting.
• Support procurement and contracting teams with cost analysis for tenders and vendor proposals.
• Maintain cost breakdown structures aligned with OEUK Well Decommissioning Guidelines and internal governance.
• Provide accurate monthly cost reports and input into wider business reporting cycles.
• Support project change control by assessing scope changes, cost impacts, and managing allowances.
• Analyse contractor cost reports, validate data, and challenge discrepancies where necessary.
• Interface with and build strong working relationships with internal Company departments and counterparts in Client and Contractor organisations.
• Monitor cost trends and provide early warnings to project management.
• Maintain cost management systems and audit trails, participate in audits and assurance reviews.
• Contribute to lessons learned and benchmarking for future campaigns.
• Actively support HSEQ strategy and participate in project reviews.

Skills

Cost engineering

Analytical skills

Communication skills

Team player

Cost management

ERP systems

Education

Bachelor's degree in a related field

Tools

ERP systems

Job description

Well-Safe Solutions Ltd in Aberdeen is seeking a Wells Cost Engineer to deliver robust cost management for decommissioning projects. You will handle cost estimation, budgeting, tracking, forecasting, and governance, collaborating with Wells Engineers, Project Controls and Finance.

The role requires 5–10 years in upstream energy, strong cost engineering experience in wells/drilling, and proficiency with ERP systems.