Senior Estimating Lead – Oil & Gas Projects

Saudi Aramco; As Sudiyah; On-site; OMR 12,000 - 18,000; Full time

Job summary

Saudi Aramco is seeking an Estimating Lead to join the Estimating Services Division within the Project Management Office. You will prepare, review and validate cost estimates for capital projects, coordinating with cross-functional teams to ensure accuracy and alignment with scope, schedule, and contractual requirements.

The role involves handling material, labor and equipment costs, reviewing bids and quotations, and applying appropriate contingency levels based on project complexity.

Qualifications

• Bachelor degree in Engineering (Mechanical, Chemical or Electrical).
• 10+ years cost estimating experience in oil & gas, energy or industrial sectors.
• Experience in conceptual, preliminary and detailed design estimates.
• Strong knowledge of international estimating guidelines (AACE).
• Proficient in estimating tools and methodologies including unit rates, parametric and bottom-up estimating.

Responsibilities

• Prepare, review and validate estimates at conceptual, preliminary and detail design stages.
• Use historical data, vendor quotes and engineering inputs to develop estimates with defined accuracy.
• Collaborate with engineering and project teams to interpret scope and deliverables.
• Identify specialty items and ensure they are included in the estimate.
• Liaise with execution agency to secure quotations for equipment and materials.
• Validate pricing data and adjust for market conditions.
• Ensure the Estimate Package includes all required docs (scoping, drawings, MTOs, quotes, risks).
• Participate in gate reviews and approvals; assess cost risks and contingencies.
• Ensure estimates align with WBS and internal standards; generate budget forecasts.

Skills

Analytical skills

Problem-solving

Estimating guidelines (AACE)

Education

Bachelor's degree in Engineering (Mechanical/Chemical/Electrical)

Tools

Unit rates

Parametric estimating

Bottom-up estimating

Job description

Saudi Aramco is seeking an Estimating Lead to join the Estimating Services Division within the Project Management Office. You will prepare, review and validate cost estimates for capital projects, coordinating with cross-functional teams to ensure accuracy and alignment with scope, schedule, and contractual requirements.

The role involves handling material, labor and equipment costs, reviewing bids and quotations, and applying appropriate contingency levels based on project complexity.