Cost Engineer

Saudi Geophysical Consulting
Saudi Arabia
  • 1
9 + Years Experience

Company: Saudi Geophysical Consulting
Skills: Cost Engineer
Experience: 9 + Years
Education: Bachelors/3-5 yr Degree
Location: Saudi Arabia

Job Description

  • Support the Planning Manager to maintain control of the budget, schedule and plans, and provide regular reports on project status, including administering major/minor contracts.
  • Act as primary focal point for inter-discipline coordination between engineering, operations and planning teams to achieve unconventional rig-less completion project objectives.
  • Support core business teams in formulating budgets for strategic and operational plans.
  • Perform deep dive trend and de-compositional analysis on historical completion cost/expenditure records
  • Present project updates to upper management in terms of financial status, quality status and schedule progress status.
  • Perform daily follow up on status of rig-less well completion operation sites to ensure progress as per established project success criteria.
  • Supervise implementation of process improvement initiatives to enhance the project's quality, duration and cost.
  • Prepare and monitor Authorizations for Expenditure ("AFEs"), particularly as regards developing realistic cost estimates for rig-less operational activity line items within each AFE.
  • Track and revise established KPI balanced scorecard and provide reports to relevant stakeholders and develop additional KPIs as needed.
  • Prepare, evaluate and participate in discussions for cost variation issues related to specific projects and develops ways to address them and keep documentation for tracking purposes.
  • Conduct market intelligence related tasks including, gathering and evaluating relevant rig-less operation market information to review market position, determine threats and establish performance benchmark.


Qualifications & Experience

  • As the successful candidate you will hold a bachelor's degree in an applicable engineering discipline,
  • 9-12 years of solid project engineering experience.
  • It is preferred if the candidate has some background in well completion/intervention/servicing activities in unconventional resources, particularly related to Hydraulic Fracturing and Rig-less operations.
  • Knowledge of recent Project Management systems, in addition to experience in planning and scheduling of field activities and mega projects, are highly desired.
  • Familiarity with relevant project management software (e.g. MS Project, Primavera, etc.) is preferred.