Candidates must relocate to Saudi Arabia.
Title: Cost Enginee
rJob Req ID: 1608
2Description:
Aramco energizes the world economy
.Aramco occupies a unique position in the global energy industry. We are the world's largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer
.With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco’s value to society
.Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations’ spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply
.We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization
.
Overvi
ewWe are seeking a Cost Engineer to join our Turnaround & Inspection (T&I) unit within our Ras Tanura Refinery Maintenance Departmen
t.
Ras Tanura Refineries T&I unit is responsible for the planning and execution of all turnarounds across our Ras Tanura Refinery facilities, ensuring quality and enhancing efficiency through effective planning and executi
on.
Your primary role will be to provide overall technical support in all cost related matters and coordinate cost engineering activities as a member of our T&I t
eam.
Key Responsibil
itiesAs the successful candidate you will be required to perform the follo
•wing:Provide all cost engineering expertise to the T&I
•team.Prepare, review, monitor, analyze and report all T&I event/unit associated expenditures and identify areas for cost reduction without compromising quality or sa
•fety.Assist with the preparation of cost portion of maintenance projects, shutdowns, or turnarounds procurements contr
•acts.Review and analyze claims and change orders and assist in the preparation of cost portions of procurements and execution contr
•acts.Develop and maintain budgets for all maintenance activities and capital proj
•ects.Assist in planning and forecasting costs for the annual maintenance program and provide input on the financial feasibility of repair or replacement initiat
•ives.Review multi-discipline conceptual, detailed and definitive cost estimates for Saudi Aramco T&I to ensure accuracy, completeness and compliance with the scope of
•work.Assist T&I team to Recommend and implement initiatives to optimize the cost of maintenance and down
•time.Initiate appropriate action when total forecast indicates allocated funds will be exce
•eded.Keep abreast of significant developments in cost engineering by close review of technical literature, publications, magazines, and attendance of professional and technical meet
•ings.Work closely with the maintenance department, procurement, and engineering teams to identify opportunities for cost optimiza
•tion.Assist T&I team for proper allocation of resources and that maintenance tasks are executed within bu
dget.
Minimum Requir
•ementsAs the successful candidate you will hold a Bachelor Degree in Engineering, preferably in Mechanical or Industrial Engineering or a closely related disci
•pline.You should have a minimum of 10 years of cost engineering experience in projects/turnaround within operations of a refining or petrochemical facil
•ities.You must be able to demonstrate an overall knowledge of computer-estimating programs, such as Aspentech CCE (Capital Cost Estimator), Timberline etc. and shall be familiar with estimate databases such as Means, Richardson an
•d SAP.Project Management Professional (PMP), AACE-CCP (American Association of Cost Engineers – Certified Cost Professional) or AACE-CEP (American Association of Cost Engineers – Certified Estimating Professional) certification is pref
•erred.You should be able to demonstrate experience in the use of cost and estimating tools and the application of market conditions and risk management to esti
mates.