Cost Estimator

Novargi Industries, S.L.; Gurgaon; On-site; INR 2,500,000 - 3,800,000; Full time

Job summary

Novargi Industries in Gurgaon, India, seeks a Senior Cost Estimator to join its oil, gas, and petrochemical focused team. The role involves preparing CAPEX and OPEX estimates for conceptual to detailed engineering projects and developing robust budgets.

You will analyze drawings, data sheets, and scopes; create WBS by discipline; coordinate with engineering, procurement, construction, and planning; and provide quotes and client-ready proposals.

Qualifications

• Minimum 12 years of experience as a cost estimator in Oil & Gas, energy, or related industries.
• Experience in EPC projects, brownfield and greenfield.
• Knowledge of cost estimating during FEED, basic, and detailed engineering phases.

Responsibilities

• Prepare cost estimates for conceptual, basic, and detailed engineering projects (CAPEX and OPEX).
• Analyze technical scopes, drawings, specifications, data sheets, and project documentation.
• Develop budgets, quotations, and technical-commercial proposals for tenders.
• Create cost breakdown structures (WBS) by discipline: civil, mechanical, piping, electrical, instrumentation, and process.
• Estimate costs for materials, equipment, labor, subcontracts, and specialized services.
• Coordinate with engineering, procurement, construction, and planning teams to validate assumptions and scopes.
• Request and analyze quotations from vendors and subcontractors.
• Identify risks, contingencies, and cost optimization opportunities.
• Perform comparative analyses between budgeted, estimated, and actual costs.
• Maintain historical cost databases and industry benchmarks.
• Ensure compliance with Oil & Gas industry codes, standards, and best practices.
• Participate in internal reviews and present estimates to clients or management.

Skills

Cost estimation

Oil & Gas cost control

Budget analysis

Vendor coordination

Excel advanced

Tools

Aspen Capital Cost Estimator

Cleopatra

Primavera

Excel (Advanced)

Job description

NOVARGI INDUSTRIES is globally recognized for its expertise in process equipment design. Our proven engineering and project management capabilities have established us as experts in thermal and process engineering since our beginnings in early 2004. With hundreds of solutions delivered worldwide and a strong commitment to our clients and partners, our teams have demonstrated unparalleled technical expertise across a wide range of applications.

NOVARGI supports its partners throughout the entire lifecycle of thermal and process equipment in the Oil, Gas, Petrochemical, Power, and Industrial sectors. The global experience gained from previous projects, together with the proximity of our local offices and an extensive network of local partners, enables us to better serve our clients by delivering quality products, excellent service, and competitiveness at the same time.

As part of our growth, we are currently seeking a Senior Cost Estimator to join our office in Gurgaon, India.

Role & responsibilities

• Prepare cost estimates for conceptual, basic, and detailed engineering projects (CAPEX and OPEX).
• Analyze technical scopes, drawings, specifications, data sheets, and project documentation.
• Develop budgets, quotations, and technical-commercial proposals for tenders.
• Create cost breakdown structures (WBS) by discipline: civil, mechanical, piping, electrical, instrumentation, and process.
• Estimate costs for materials, equipment, labor, subcontracts, and specialized services.
• Coordinate with engineering, procurement, construction, and planning teams to validate assumptions and scopes.
• Request and analyze quotations from vendors and subcontractors.
• Identify risks, contingencies, and cost optimization opportunities.
• Perform comparative analyses between budgeted, estimated, and actual costs.
• Maintain historical cost databases and industry benchmarks.
• Ensure compliance with Oil & Gas industry codes, standards, and best practices.
• Participate in internal reviews and present estimates to clients or management.

Preferred candidate profile

• Minimum of 12 years of experience as a cost estimator in Oil & Gas, energy, or related industries.
• Experience in EPC projects, both brownfield and greenfield.
• Knowledge of cost estimating during FEED, basic, and detailed engineering phases.

Technical Skills

• Cost estimating methodologies (Class V to Class I AACE).
• Interpretation of drawings, P&IDs, layouts, isometrics, and bills of materials.
• Construction, installation, commissioning, and start-up cost knowledge.
• Proficiency with estimating and planning software (e.g., Aspen Capital Cost Estimator, Cleopatra, Primavera, advanced Excel).
• Knowledge of contracts, commercial terms, and tendering conditions.
• Familiarity with applicable codes and standards (API, ASME, ANSI, IEC, etc.).

If you are motivated to work in an international, technical, and strategic environment where your expertise has a direct impact… This opportunity at Novargi is for you.