Project Engineer

Energy Transfer; Houston (TX); On-site; USD 90,000 - 130,000; Full time

Job summary

Energy Transfer, recognised by Forbes as one of America's best large employers, is dedicated to responsibly and safely delivering America’s energy. We seek a Project Engineer-Cost to develop estimates, spend curves, and schedules for potential projects within E&C Services, reporting to the Sr Manager – Project Controls.

The role requires 4–6 years in cost engineering, a relevant bachelor’s degree, and the ability to collaborate with cross-functional teams in a fast-paced environment.

Qualifications

• 4–6 years of cost engineering in the Oil & Gas industry.
• Bachelor’s degree or equivalent work experience; Engineering/Construction/Finance degree preferred.
• Able to communicate with team members within E&C Services.
• Detail oriented with strong organizational skills.
• Knowledge of cost/risk engineering standards for ground-up or linear projects.

Responsibilities

• Develop bottom-up and top-down cost models for active bids.
• Review RFPs to identify financial risks and compliance rules.
• Collaborate on “Price-to-Win” analyses to optimize bids.
• Gather quotes from vendors and subs to build estimates.
• Conduct quantitative risk assessments and contingency buffers.
• Prepare financial tables, pricing schedules, and cash flow projections.

Skills

Cost engineering

Oil & Gas industry

Communication

Detail oriented

Project coordination

Education

Bachelor’s degree / equivalent

Engineering / Construction / Finance degree preferred

Tools

SAP

Excel

Cost/Risk software

Portfolio Project Management

Job description

Energy Transfer , recognized by Forbes as one of America's best large employers , is dedicated to responsibly and safely delivering America’s energy . We are driven to inspire our employees to create superior value for our customers, our investors, a sustainable future and giving back to the community where w e have long-standing commitments to causes including MD Anderson Children’s Cancer Hospital, The Salvation Army, The American Red Cross, Ronald McDonald House and many more.

We value all of our employees who make our growth and success possible. We are proud to offer industry leading compensation, comprehensive benefits, 401(k) match with additional profit sharing, PTO and abundant career opportunities.

Come join our award winning 12,000 strong organization as we fuel the world and each other!

Summary

Working within E&C Services, the Project Engineer-Cost will report to the Sr Manager – Project Controls. The Engineer, Cost will work closely with the Business Development Group and will be responsible for producing estimates, spend curves and schedules for potential projects.

Essential Duties And Responsibilities

• Proposal Cost Estimation: Develop accurate, bottom-up and top-down cost models for active commercial bids.
• RFP Financial Analysis: Review incoming client RFPs to identify financial risks, commercial compliance rules, and hidden cost drivers.
• Competitive Pricing Strategy: Collaborate with business development executives to perform "Price-to-Win" analyses and optimize bids.
• Vendor & Subcontractor Evaluation: Gather and analyze third-party quotes to build reliable baseline estimates for the final commercial proposal.
• Risk & Contingency Modeling: Conduct quantitative risk assessments to calculate appropriate financial contingency buffers for bid submissions.
• Commercial Tender Documentation: Prepare clean, compliant financial tables, pricing schedules, and cash flow projections for submission to business development team.

Required Skills

Education and/or Experience, Knowledge, Skills & Abilities:

Requirements

To perform this job successfully, an individual must be able to perform each essential job duty satisfactorily. The requirements for this position are listed below:

• 4 - 6 years of relevant work experience directly related to cost engineering in the Oil & Gas Industry
• Bachelor’s degree or equivalent work experience. Engineering / Construction Technology / Finance degree preferred.
• Must be able to effectively support and communicate with various team members and within E&C Services
• Detail oriented with good organizational skills
• Knowledge and application of all cost / risk engineering standards and practices involving ground-up (facility) and/or linear (pipeline) projects
• Must be able to interface effectively with all levels of internal and external personnel
• Ability to work in a fast-paced environment with multiple concurrent assignments
• Additional work outside of normal business hours may be required
• Travel could be up to 20%, as required; role to be based out of Houston, Texas
• Proficient understanding of the full life cycle of ground-up and linear based projects from project initiation to closure
• Advanced knowledge and proficiency utilizing Portfolio Project Management and Cost / Risk Engineering Software(s), SAP and Excel.
• Advanced knowledge and proficiency utilizing Cost / Risk Engineering add-ons to evaluate forecast integrity, risk, and program management.

Preferred Qualifications

• Further certifications through the AACE and/or PMI are preferred, but not required

Working Conditions

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

• Normal office working conditions and field work
• Must be able to remain in a stationary position 50% of the time due to prolonged periods of sitting or standing.
• Occasional overnight travel may be required.
• Visits to industrial field settings requiring PPE, exposure to various materials and chemicals, as well as extreme temperature conditions and loud machinery