The Estimation Engineer plays a critical role in the oil and gas industry, focusing on providing accurate cost estimates for projects. This position involves analyzing project specifications, collaborating with various departments, and ensuring that all estimates align with the company's financial objectives. The Estimation Engineer must possess strong analytical skills and a deep understanding of engineering principles to deliver precise and timely estimates. This role is essential for project planning and budgeting, directly impacting the company's profitability and project success.

Responsibilities:

1. Analyze project specifications and requirements to develop accurate cost estimates.
2. Collaborate with project managers, engineers, and procurement teams to gather necessary data.
3. Prepare detailed estimates for labor, materials, and equipment costs.
4. Review and assess bids from subcontractors and suppliers to ensure competitiveness.
5. Maintain and update a database of historical cost data for reference in future estimates.
6. Participate in project meetings to provide insights on cost implications and budget constraints.
7. Conduct risk assessments to identify potential cost overruns and develop mitigation strategies.
8. Ensure compliance with industry standards and regulations in all estimation processes.
9. Provide support during the bid submission process, including preparing presentations and documentation.
10. Continuously improve estimation processes and methodologies to enhance accuracy and efficiency.

Preferred Candidate:

1. Strong analytical and problem-solving skills.
2. Excellent communication and interpersonal abilities.
3. Detail-oriented with a focus on accuracy.
4. Ability to work under pressure and meet tight deadlines.
5. Proficient in estimation software and tools.
6. Experience in the oil and gas sector is highly desirable.
7. Strong organizational skills and ability to manage multiple projects simultaneously.
8. Willingness to learn and adapt to new technologies and methodologies.
9. Team player with a collaborative mindset.
10. Proactive approach to identifying and addressing potential issues.

Skills

• Proficiency in estimation software and tools (e.g., Primavera, MS Project).
• Strong understanding of engineering principles and project management.
• Excellent mathematical and analytical skills.
• Knowledge of industry standards and regulations.
• Ability to interpret technical drawings and specifications.
• Strong negotiation and communication skills.
• Experience with cost control and budgeting processes.
• Familiarity with procurement and supply chain management.