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Estimation Engineer

Company profile

Al Jubayl

On-site

SAR 80,000 - 120,000

Full time

30+ days ago

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Job summary

An established industry player is seeking a skilled Estimation Engineer to join their Capital Management Division. This role involves assessing project costs, preparing detailed estimates, and ensuring projects are completed within budget. The ideal candidate will have a strong engineering background and extensive experience in cost estimation for both onshore and offshore projects. This position offers the opportunity to work on large-scale projects that make a significant impact in the energy sector, supported by a commitment to employee development and innovation.

Qualifications

  • 10+ years of experience as an estimator in downstream hydrocarbon facilities.
  • Strong analytical and mathematical skills required for cost estimation.

Responsibilities

  • Prepare and develop project cost estimates with varying levels of accuracy.
  • Analyze project specifications to determine engineering and construction costs.

Skills

Analytical Skills
Mathematical Skills
Cost Estimation Tools
MS Excel

Education

Bachelor's degree in Engineering

Tools

Cost Estimation Software

Job description

Aramco energizes the world economy.

Aramco occupies a special position in the global energy industry. We are one of the world’s largest producers of hydrocarbon energy and chemicals, with among the lowest Upstream carbon intensities of any major producer.

With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco’s value to society.

Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a ’ spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.

We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.

Overview

We are seeking an Estimation Engineer to join the Capital Management Division under Projects Coordination Department.

The Capital Management Division is responsible for planning and executing Pipelines, Distribution and Terminals Projects (C1 type).

Your primary role will be assessing the project’s cost, prepare accurate estimates and analysis contractor change orders to ensure completing projects within budget.

Key responsibilities

As the successful candidate you will be required to perform the following:

  • Focal point with PMOD (Projects Management Operations Division) estimation team.
  • Prepare and develop all level of estimate accuracy (+/-50%, +/-30% and +/-10%) .
  • Prepare and develop Engineering work order estimates.
  • Endorse all GES+ estimates before submitting to PMOD. Analyze project specifications and scope to determine Engineering, Procurement & Construction Cost.
  • Collect actual data from projects for future benchmarking.
  • Develop and maintain estimation benchmarking database for projects.
  • Support project execution in preparing bid packages.
  • Develop or suggest improvement to Saudi Aramco engineering standards, procedures and best practices.
  • Maintain accurate records of estimate, changes and project cost to support financial reporting.
  • Stay up to date with industry trends, material cost and new technologies.
  • Provide potential risks and uncertainties that could impact project budget and provide strategies and mitigate them.

Minimum requirements

  • You must have a Bachelor’s degree in Engineering from a recognized and approved program
  • You will have a minimum 10 years of experience as Estimator (in the Downstream Hydrocarbon Facilities)
  • Strong analytical and mathematical skills.
  • Proficiency in cost estimation tools and MS Excel.
  • Proven experience as estimator in construction projects (onshore & offshore)

Working environment

Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.

At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world’s biggest technical, logistical and environmental challenges, we invest heavily in talent development.

We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs – one of the largest in the world.

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