Cost Engineer
Eram TalentSaudi Arabia - MakkahPosted 23 November 2025
WorkableRecruitment agencyGrowth-stage
Location
Saudi Arabia - Makkah
Job type
On-site
Experience
3+ years
Salary
SAR 10k–18k/mo (est.)
Job description
We are actively seeking an experienced Cost Engineer to support oil & gas project. The role focuses on cost estimating, cost control, budgeting, and supporting project teams through all phases of execution.
Responsibilities- Prepare cost estimates for feasibility, FEED, and EPC phases.
- Develop and manage project cost budgets and forecasts.
- Monitor cost performance, identify variances, and recommend corrective actions.
- Support contract evaluations, bid analysis, and change management.
- Prepare cost reports, cash flow projections, and KPIs.
- Coordinate with engineering, procurement, and planning teams.
- Ensure compliance with industry standards and internal procedures.
Requirements:
- Bachelor’s degree in Engineering, Finance, or related field.
- 3+ years of cost engineering experience in upstream and/or downstream projects.
- Strong knowledge of estimating methods, cost control tools, and project management concepts.
- Proficiency in Excel and cost management software (e.g., SAP, Primavera, AACE practices).
- Strong analytical, communication, and reporting skills.
Skills
SAPPrimaveraExcel
What Jobze.ai noticed
- Eram Talent wants a Cost Engineer with 3+ years of experience in upstream and downstream oil & gas projects.
- Expect heavy involvement in feasibility, FEED, and EPC project phases focusing on cost estimating and budgeting.
- Proficiency in Excel, Primavera, and SAP is required for cost tracking and financial reporting.
This role was published by Eram Talent on Workable. Jobze.ai is not the employer and does not take applications - they are handled on the original site.