Estimation Specialist

Job description

We are one of the world's largest producers of hydrocarbon energy and chemicals, with the lowest upstream carbon intensity of any major producer. Through our significant investments in technology and infrastructure, we strive to maximize the value of the energy we produce to the world and are committed to enhancing the employer’s value to society. Headquartered in Saudi Arabia, with offices around the world, we combine market discipline with a generational vision for the future, stemming from our nine decades of experience as responsible stewards of the Kingdom's vast hydrocarbon resources. This responsibility has led us to deliver significant societal and economic benefits not only to the Kingdom, but also to a large number of communities, economies and countries that depend on the vital, reliable energy we supply. We are one of the most profitable companies in the world, as well as among the five largest global companies by market capitalization. Overview We are seeking an Estimation Leader to join the Estimation Services Division of the Project Management Office Division (PMOD) within the Engineering Services organization. Estimation Services is responsible for supporting the development and preparation of accurate, reliable, and consistent cost estimates for capital projects, collaborating with cross-functional teams to ensure alignment with project scope, schedule, and contractual requirements, following internal guidelines and other relevant standards. The Estimation Leader will prepare estimates of potential costs for materials, labor, equipment, and subcontracts for construction projects based on contract bids, quotes, drawings, and specifications. Review and spot check materials against IFB drawings, review project specifications, implementation strategy and site condition. Calculate the construction cost based on the total direct and indirect labor hours and the total rate. Material cost is based on vendor quotations and compares against internal and external data. Key Responsibilities As a successful candidate, you will be required to carry out the following: • Prepare, review and validate cost estimates at various project stages · Conceptual, preliminary and detailed design · Ensure compliance with company guidelines. • Use historical data, vendor quotes, and engineering input to develop estimates with specified levels of accuracy (e.g., Category 4 to Category 1 estimates). • Collaborate with engineering and project teams to understand and interpret project scope and deliverables. • Identify specialty items (e.g. licensed equipment, DCS systems, foreign materials) and ensure they are appropriately included in the estimate. • Liaise with implementing agency to secure quotes for equipment and bulk materials, adhering to minimum quote requirements based on project value. • Validate or adjust internal pricing data based on current market conditions. • Ensure that the estimate package includes all required documentation such as scope documents, concept drawings, cash transfers, vendor quotations, and risk registers. • Participate in reviews and approvals at different stages (e.g. Gate 1, Gate 2, etc.). • Identify cost risks and suggest appropriate contingency levels based on the complexity of the project Project and scope definition. • Ensure that all estimates adhere to the Saudi the employer Work Breakdown Structure (WBS) and other internal standards. • Create cost reports to track budget performance and forecast final implementation costs. Minimum Requirements As a successful candidate, you will have: • Bachelor's degree in Engineering (preferably mechanical, chemical or electrical). • Minimum cost estimation within the oil and gas, energy, or industrial sector. • Proven experience in preparing conceptual, preliminary, and detailed design estimates. • Strong understanding of international estimating guidelines such as AACE International (Association for the Advancement of Cost Engineering) • Proficient in estimating tools and me

Requirements

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• Identify specialty items (e.g. licensed equipment, DCS systems, foreign materials) and ensure they are appropriately included in the estimate
• · Minimum Requirements As a successful candidate, you will have:
• Bachelor’s degree in Engineering (preferably mechanical, chemical or electrical)
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• Proven experience in preparing conceptual, preliminary, and detailed design estimates
• · 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

Skills