Senior Principal Estimator
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Job Location:
Monthly Salary:
Posted on:
9 hours ago
Vacancies:
1 Vacancy
Job Summary
Title:
Senior Principal EstimatorThe Sr. Principal Estimator will lead the estimating function for large-scale onshore andoffshore FPSO projects within the oil and gas sector. This role is responsible for developing managing and delivering accurate cost estimates across all phases of project developmentfrom concept through executionensuring competitiveness compliance and alignment with corporate and client objectives.
Key Responsibilities:
Leadership & Strategy
- Lead the estimating team for onshore and offshore projects providing guidance mentoring and technical expertise.
- Develop estimating strategies methodologies and tools tailored to specific types of projects - FPSO projects knowledge is a plus.
- Ensure estimates align with corporate standards industry benchmarks and client expectations.
Cost Estimation & Analysis
- Prepare detailed cost estimates for engineering procurement construction installation commissioning and operations.
- Analyze project scope technical specifications and execution plans to identify cost drivers and risks.
- Benchmark estimates against historical data market trends and vendor quotations.
Collaboration & Stakeholder Management
- Work closely with engineering procurement project controls and commercial teams to ensure integrated cost estimates.
- Liaise with clients partners and subcontractors to validate assumptions and secure competitive pricing.
- Present estimates and cost models to senior management and external stakeholders.
Risk & Value Management
- Identify cost risks and opportunities and develop mitigation strategies.
- Support value engineering initiatives to optimize project economics
- Conduct sensitivity analyses and scenario planning for project decision-making.
Systems & Compliance
- Maintain and enhance estimating tools databases and software systems.
- Ensure compliance with company policies industry standards and regulatory requirements.
Job Requirements:
- Bachelors degree in Engineering Quantity Surveying or related discipline (Masters preferred).
- Minimum 15 years of experience in cost estimating within the oil and gas industry with exposure to offshore projects 4 years of which should be in management.
- Strong knowledge of FPSO design construction and operations including topsides hull mooring and subsea interfaces.
- Proficiency in estimating software (e.g. Aspen Capital Cost Estimator Cleopatra or equivalent).
- Demonstrated leadership in managing multidisciplinary estimating teams.
- Excellent analytical negotiation and communication skills.
Required Experience:
Staff IC
Key Skills
- Gas Chromatography
- Bluebeam
- Construction Estimating
- Construction Experience
- HeavyBid
- Sage
- Pricing
- Cost Control
- Construction Management
- Project Management Software
- Microsoft Project
- Auto Estimating
