Company: Saudi Aramco (ASC)
Skills: Cost Engineer
Experience: 18 + Years
Education: Bachelors/3-5 yr Degree
Location: Saudi Arabia

Aramco energizes the world economy.

Aramco occupies a unique position in the global energy industry. We are the world's largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity 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 generations' 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.


We are seeking a Cost Engineer to join Northern Area Capital Programs Management Division (NACPMD). The Cost Engineer will be capable of providing analysis and evaluation of project cost; works under general direction of unit Supervisor/Business Manger but can perform all cost engineering functions independent of supervision and can serve as work director of cost engineering group/unit as required. The incumbent functions as a member of a project management team and independently provides overall cost engineering services on multi-million dollar project complexes.

Key Responsibilities

You will be required to perform the following:

Provide all cost engineering expertise and coordinates activities as group/unit leader as required

Responsible for preparation of cost portion of the engineering, procurement and construction contracts

Collect, monitor, analyze and reports all cost information through the Project Manager

Review and analyze all claims and Change Orders on project contracts

Participate in the negotiation of project contracts as required

Initiate appropriate action when total forecast indicates allocated funds will be exceeded

Keep abreast of significant developments in cost engineering by close review of technical literature, contracts with contractors, visits to areas of construction, and attendance at professional technical meetings

Utilize computer programs

Minimum Requirements

As the successful candidate, you

Will hold a Bachelor degree in any field of Engineering, Accounting, or Business Administration. Other advanced professional engineering degree or certifications in related field is preferred

Should have a Minimum of 18 - 20 years of cost engineering experience effectively performing similar roles and responsibilities, preferably in oil and gas facility

Must be confident with cost engineering and accounting principles. Must have experience in SAP program.

Must be familiar with engineering standards and procedures, generally accepted accounting principles and cost accounting

Must be good presenter, high convincing ability, good technical report and ability to mentor and teach

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.