Job Description

Cost Estimation Engineer - ADNOC Onshore - Abu Dhabi, UAE
Role Summary
The Cost Estimation Engineer will prepare and maintain cost estimates for field development and capital projects, ensuring accurate financial planning for economic evaluations, business plans, and budgets. The role requires strong expertise in cost estimation techniques, risk assessment, and life cycle costing to support ADNOC Onshore projects effectively.
Job Details
Job Location: Abu Dhabi, UAE
Industry: Oil & Energy
Function: Cost Estimation / Engineering
Salary: 25000-30000 monthly (Market estimated)
Gender: Any
Candidate Nationality: Any
Job Type: Full Time
Key Responsibilities

• Develop and update cost estimates for various project phases including feasibility, FEED, and execution stages.
• Review project cost estimates from consultants and integrate indirect owner costs to determine overall project budgets.
• Prepare cost breakdown structures and contribute to business plans and budget submissions.
• Conduct cost risk assessments, optimization studies, and quantified risk analysis.
• Support the development of standardized cost estimation procedures and utilize computer-based estimating tools.
• Provide accurate cost forecasts and ensure sufficient funding for capital development projects and maintenance works.
• Collaborate with multidisciplinary teams including project managers, planners, and finance teams to ensure alignment with business objectives.
• Participate in techno-commercial evaluations and feasibility studies for cost-effective project implementation.

Qualifications & Experience

• Bachelor's Degree in Engineering (preferably Process or Mechanical).
• 8 years of diversified engineering experience with at least 4 years in cost estimation within the oil & gas industry.
• Strong knowledge of cost estimation techniques, CBS, CAPEX, OPEX, ADNOC cost standards, and contingency planning.
• Familiarity with risk assessment processes and international cost estimation best practices.
• Experience in using cost estimation software and ERP systems.

Preferred Certifications

• Certified Estimating Professional (CEP) or equivalent.

Skills & Competencies

• Strong analytical and problem-solving skills.
• Excellent communication and coordination abilities.
• Ability to work under pressure and meet deadlines.

Why Join ADNOC?
This is an opportunity to be part of one of the world's leading energy producers and contribute to strategic projects in a dynamic and innovative environment.
About ADNOC
ADNOC is a global leader in the energy sector, committed to driving growth and sustainability. With a diverse workforce and world-class facilities, ADNOC offers unparalleled opportunities for career development and progression.
Employers can benefit from posting similar roles on leading platforms like GCC employer free job posting portal for maximum outreach.
Job Title Cost Estimation Engineer - ADNOC Onshore - Abu Dhabi, UAE
Cost Estimation Engineer - ADNOC Onshore - Abu Dhabi, UAE
Role Summary
The Cost Estimation Engineer will prepare and maintain cost estimates for field development and capital projects, ensuring accurate financial planning for economic evaluations, business plans, and budgets. The role requires strong expertise in cost estimation techniques, risk assessment, and life cycle costing to support ADNOC Onshore projects effectively.
Job Details
Job Location: Abu Dhabi, UAE
Industry: Oil & Energy
Function: Cost Estimation / Engineering
Salary: 25000-30000 monthly (Market estimated)
Gender: Any
Candidate Nationality: Any
Job Type: Full Time
Key Responsibilities

• Develop and update cost estimates for various project phases including feasibility, FEED, and execution stages.
• Review project cost estimates from consultants and integrate indirect owner costs to determine overall project budgets.
• Prepare cost breakdown structures and contribute to business plans and budget submissions.
• Conduct cost risk assessments, optimization studies, and quantified risk analysis.
• Support the development of standardized cost estimation procedures and utilize computer-based estimating tools.
• Provide accurate cost forecasts and ensure sufficient funding for capital development projects and maintenance works.
• Collaborate with multidisciplinary teams including project managers, planners, and finance teams to ensure alignment with business objectives.
• Participate in techno-commercial evaluations and feasibility studies for cost-effective project implementation.

Qualifications & Experience

• Bachelor's Degree in Engineering (preferably Process or Mechanical).
• 8 years of diversified engineering experience with at least 4 years in cost estimation within the oil & gas industry.
• Strong knowledge of cost estimation techniques, CBS, CAPEX, OPEX, ADNOC cost standards, and contingency planning.
• Familiarity with risk assessment processes and international cost estimation best practices.
• Experience in using cost estimation software and ERP systems.

Preferred Certifications

• Certified Estimating Professional (CEP) or equivalent.

Skills & Competencies

• Strong analytical and problem-solving skills.
• Excellent communication and coordination abilities.
• Ability to work under pressure and meet deadlines.

Why Join ADNOC?
This is an opportunity to be part of one of the world's leading energy producers and contribute to strategic projects in a dynamic and innovative environment.
About ADNOC
ADNOC is a global leader in the energy sector, committed to driving growth and sustainability. With a diverse workforce and world-class facilities, ADNOC offers unparalleled opportunities for career development and progression.
Employers can benefit from posting similar roles on leading platforms like GCC employer free job posting portal for maximum outreach.
Post Details
Job Start Date
Salary from 25000.00
Salary to 30000.00
Number of Vacancies 1
Location -
Location City Abu Dhabi
Desired Candidate's Profile
Gender No Preference
Nationality
Candidate Current Location