Cost Estimation Engineer

Exxon Mobil; Bengaluru; On-site; INR 1,000,000 - 1,500,000; Full time

Job summary

ExxonMobil is seeking a Cost Engineer in Bengaluru to prepare and review cost estimates across various project stages. The role requires a degree in Engineering and at least 3 years of experience in project management within the Oil and Gas sector.

Strong skills in cost estimation techniques, risk management, and vendor evaluation are essential. Good command of English and willingness to work shifts are required. Opportunities for relocation and international travel may be available.

Qualifications

• Minimum 3 years of experience in EPC or Project Management in the Oil and Gas Industry.
• Strong understanding of industry standards and regulatory requirements in the energy sector.
• Good command of English, both written and spoken.

Responsibilities

• Prepare multi-disciplinary cost estimates for various projects.
• Analyze project requirements to determine cost-effective solutions.
• Evaluate vendor proposals for cost-effectiveness.

Skills

Cost estimating techniques

Project Management

Risk management

Data analysis

Communication skills

Education

Degree in Engineering or Construction Management

Tools

Aspen CCE

Job description

What role you will play in our team

The Primary role/function of the position of Cost Engineer is to prepare and/or review and endorse cost estimates of different levels of accuracy depending on the maturity of the project definition during various stages of the project lifecycle. The role involves developing multi-disciplinary conceptual and definitive cost estimates for a variety of projects.

What will you do

• Prepare multi-disciplinary cost estimates for a variety of medium and large projects using appropriate tools and systems.
• Develop detailed cost estimates for projects at various stages, including conceptual, preliminary, and definitive phases.
• Analyze project requirements and specifications to determine cost‑effective solution
• Discuss, coordinate and resolve estimating input/queries with the project team and Subject Matter Experts available in organization to ensure quality estimate.
• Ensure all assumptions/clarifications are properly documented.
• Provide support for any selection and optimization study during project development.
• Identify and drive optimizations in cost and execution of projects.
• Support project team in identification evaluation and capture of capital efficiency opportunities and estimate risks.
• Support the procurement process by providing cost analysis and recommendations for vendor selection.
• Evaluate vendor proposals and contracts to ensure cost-effectiveness.

Skills and Qualifications

• Degree in Engineering, Engineering Technology or Construction Management from a recognized university
• Minimum 3 years of prior experience in EPC or Project Management in the Oil and Gas Industry
• Minimum 3 years of experience in cost estimation or proposal execution
• Strong understanding of cost estimating techniques and tools to evaluate competitiveness, and related topics
• Expertise in risk management and mitigation strategies
• Knowledge of industry standards and regulatory requirements in the energy sector
• Ability to analyze complex data and generate actionable insights
• Strong problem‑solving skills to address project challenges
• Good to have: Experience in cost estimation and execution of brownfield projects
• Good to have: Experience in using cost estimation software such as Aspen CCE
• Good command of English, both written and spoken
• Strong presentation skills in English and MS Excel
• Strong interpersonal and communication skills; ability to clearly and concisely convey recommendations to project team members and company leadership management
• Strong organizational, coordination, planning interface skills and attention to details
• Ability to manage multiple projects simultaneously
• Ability to travel internationally as per business needs
• Able to work well with others in a fast‑changing environment
• Work in shifts (9am to 6pm or 1:30 pm to 10:30 pm)
• Willingness to relocate to Bengaluru.

Preferred Qualifications/Experience

• Prior Experience Interfacing with Contractors or teams remotely across multiple countries in oil, gas and energy projects.
• Experience in training/mentoring new employees.