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Job Title
Cost Engineer

Position Description
Saudi Aramco seeks an experienced Cost Engineer to work within the Project Management organization. The successful candidate requires extensive experience in the field of Cost Engineering and will be responsible for cost engineering, cost estimating, and cost analysis/control activities for Capital and non-Capital projects.

Minimum Requirements
BS degree in Engineering, Construction Management, Economics, Business Administration or Accounting, with a minimum of 10 years cost engineering experience, including at least five years devoted to petrochemical, refinery, pipeline, infrastructure or power generation projects.

OR

Education: Certificate by Institute of Building, Institute of Quantity Surveying, Royal Institute of Chartered Surveyors, HNC, HND.

Experience: Twelve years cost engineering experience including at least six years concentrated toward heavy industrial capital projects.
Must be familiar with construction practices, materials, equipment.
Must have ability to communicate fluently in both spoken and written English.

Duties & Responsibilities
•Provide input and recommendations for cost engineering requirements relative to staffing, project controls, and preparing and analyzing comparisons of scope, quantities and cost data between the project forecasts and the budgets.
•Organize, monitor and control project costs and will define project needs for cost control in accordance with contractual requirements, objectives and Company procedures.
•Ensure that all project commitments are accurately reported and will maintain updated final project and expenditure forecasts.
•Advice management regarding forecasted costs overruns of approved budgets and recommends corrective actions.
•Assist Project Engineers in contractual cost compliance during negotiations of scope changes.
•Must be able to use statistical tools to analyze costs metrics and perform risk analysis.

About Us
The Engineering & Project Management (E&PM) business line studies, plans and oversees the construction of the Company’s new facilities, including some of the biggest and most complex projects in the petroleum industry.

Recently, Saudi Aramco completed the largest capital program in its history that included new or expanded oil, gas and petrochemical facilities, raising maximum sustainable crude oil production capacity to 12 million barrels per day and significantly increasing gas production and processing capacities.

Among the recently completed projects was the largest crude oil increment in the history of the industry: Khurais, with a production capacity of 1.2 million barrels per day.
More challenges lie ahead, with a slate of new or expanded oil, gas, refining and petrochemical projects in the works. E&PM also manages the Company’s Research & Development Center where scientists investigate topics such as the desulfurization of crude oil, advanced fuel formulations for next generation combustion engines, and reservoir nano-scale robots (Resbots™) for injection into reservoirs to record their properties.

Req Number
L22-70017926