Saudi Aramco

5 months ago

Estimating Engineer (SA)

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 15 hours agoStatus: Live

Job Summary

The role focuses on developing and validating cost estimates for capital oil & gas projects across conceptual to detailed design stages, coordinating with engineering and project teams, leveraging vendor data and market conditions, and ensuring compliance with internal standards and WBS. You will prepare, review, and present estimates, manage documentation, and contribute to risk and contingency planning in a global energy company setting.

Location: South Australia

Workplace: Onsite

Employment Type: Full time

Job Function: Program & Project Management (PMO)

Key Responsibilities

•Prepare, review, and validate cost estimates at various project stages—conceptual, preliminary, and detailed design—ensuring compliance with company guidelines.
•Use historical data, vendor quotations, and engineering inputs to develop estimates with defined accuracy levels (e.g., Class 4 to class 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, exotic materials) and ensure they are appropriately included in the estimate.
•Liaise with execution agency to secure quotations for equipment and bulk materials, adhering to minimum quotation requirements based on project value.
•Validate in-house pricing data or adjust based on current market conditions.
•Ensure the Estimate Package includes all required documentation such as scoping documents, conceptual drawings, MTOs, vendor quotations, and risk registers.
•Participate in reviews and approvals at various stages (e.g., Gate 1, Gate 2, etc.).
•Identify cost risks and propose appropriate contingency levels based on project complexity and scope definition.
•Ensure all estimates adhere to Saudi Aramco Work Breakdown Structure (WBS) and other internal standards.
•Generate cost reports to track budget performance and forecast final execution costs.
•Strong understanding of international estimating guidelines such as AACE International. (Association for the Advancement of Cost Engineering)
•Proficient in estimating tools and methodologies including unit rates, parametric estimating, and bottom-up estimating.
•Review project scope of work, specifications, and related documents.
•Estimate costs by looking at the entire project, including direct and indirect cost.
•Present cost estimates to upper management.
•Input cost data into company database.

Key Requirements

•Bachelor's Degree in Engineering (preferably Mechanical, Chemical, or Electrical) or related field.
•20 years of experience in cost estimating within the oil & gas, energy, or industrial sector.
•Proven experience in preparing conceptual, preliminary, and detailed design estimates.
•Excellent analytical and problem-solving skills.
•Strong communication and interpersonal abilities.
•Ability to work collaboratively across disciplines and manage multiple priorities.

Experience:20+ yearsOil & gasEnergyIndustrial

Education:Bachelor's

Skills:AnalyticalProblem-solvingCommunicationInterpersonalTeam collaboration

Tech Stack:AACE InternationalUnit ratesParametric estimatingBottom-up estimating

Company Brief

Saudi Aramco

State-owned integrated energy and chemicals company producing and marketing crude oil, natural gas and petrochemicals globally, with major investments in energy infrastructure, refining and low‑carbon technologies.

Industry: Oil & Gas

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Dhahran, Saudi Arabia

Founded: 1933

Glassdoor: 4.2

Website LinkedIn Glassdoor

Loading job details...

Preparing the role view and application actions.

Saudi Aramco

5 months ago

Estimating Engineer (SA)

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 15 hours agoStatus: Live

Job Summary

Location: South Australia

Workplace: Onsite

Employment Type: Full time

Job Function: Program & Project Management (PMO)

Key Responsibilities

•Prepare, review, and validate cost estimates at various project stages—conceptual, preliminary, and detailed design—ensuring compliance with company guidelines.
•Use historical data, vendor quotations, and engineering inputs to develop estimates with defined accuracy levels (e.g., Class 4 to class 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, exotic materials) and ensure they are appropriately included in the estimate.
•Liaise with execution agency to secure quotations for equipment and bulk materials, adhering to minimum quotation requirements based on project value.
•Validate in-house pricing data or adjust based on current market conditions.
•Ensure the Estimate Package includes all required documentation such as scoping documents, conceptual drawings, MTOs, vendor quotations, and risk registers.
•Participate in reviews and approvals at various stages (e.g., Gate 1, Gate 2, etc.).
•Identify cost risks and propose appropriate contingency levels based on project complexity and scope definition.
•Ensure all estimates adhere to Saudi Aramco Work Breakdown Structure (WBS) and other internal standards.
•Generate cost reports to track budget performance and forecast final execution costs.
•Strong understanding of international estimating guidelines such as AACE International. (Association for the Advancement of Cost Engineering)
•Proficient in estimating tools and methodologies including unit rates, parametric estimating, and bottom-up estimating.
•Review project scope of work, specifications, and related documents.
•Estimate costs by looking at the entire project, including direct and indirect cost.
•Present cost estimates to upper management.
•Input cost data into company database.

Key Requirements

•Bachelor's Degree in Engineering (preferably Mechanical, Chemical, or Electrical) or related field.
•20 years of experience in cost estimating within the oil & gas, energy, or industrial sector.
•Proven experience in preparing conceptual, preliminary, and detailed design estimates.
•Excellent analytical and problem-solving skills.
•Strong communication and interpersonal abilities.
•Ability to work collaboratively across disciplines and manage multiple priorities.

Experience:20+ yearsOil & gasEnergyIndustrial

Education:Bachelor's

Skills:AnalyticalProblem-solvingCommunicationInterpersonalTeam collaboration

Tech Stack:AACE InternationalUnit ratesParametric estimatingBottom-up estimating

Company Brief

Saudi Aramco

Industry: Oil & Gas

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Dhahran, Saudi Arabia

Founded: 1933

Glassdoor: 4.2

Website LinkedIn Glassdoor