Cost Estimation Engineer Required in Bangalore

March 09, 2023

 Position Title - Cost Estimation Engineer (Oil & Gas EPC)

No of open positions - 20

Location –Bangalore

Business Line - O&G, Petrochemical , Refinery 

Job Role Summary 

The Primary role/function of the position of cost engineer is to prepare and/or review and endorse cost estimates of different levels of accuracy depending on the maturity of the project definition during the various stages of the project lifecycle. The role involves developing multi-disciplinary conceptual and definitive cost estimates for a variety of projects.


·      Prepare multi-disciplinary cost estimates for a variety of medium and large projects using appropriate tools and systems.

·      Discuss, coordinate, and resolve estimating input/queries with project team and subject matter experts available in the organization to ensure quality estimate.

·      Ensure all assumptions / clarifications are properly documented.

·      Provide support for any selection and optimization study during project development.

·      Support project team in identification, evaluation and capture of capital efficiency opportunities and estimate risks.

·      Perform cost reconciliation to previous estimates as project develops.

·      Perform complete analysis and cost validations using internal and external benchmarking data, historical indices, and component benchmarking.

·      Mentor & supports the review of the estimates prepared by other cost engineers to ensure accuracy, completeness, and compliance with scope of work.

·      Contribute to Lessons Learnt process throughout the project lifecycle. 

Job requirements:

·      Bachelors Degree in Engineering, Engineering Technology or Construction Management from a recognized university with a GPA 7.0 and higher.

·      Minimum 3-15 years of prior experience in EPC or Project Management in the Oil and Gas industry

·      Preferred; prior experience interfacing with contractors or teams remotely across multiple countries

·      Minimum 3-10 years’ of experience in cost estimation or proposal execution

·      Good to have: experience in using cost estimation software such as Aspen CCE

·      Ability to travel internationally as per business needs

Send your updated profile and references on


Post a Comment