Project Cost Control Engineer
BH-291386
Posted: 09/01/2025
- Competitive salary and benefits package.
- United Arab Emirates Dubai
- Permanent
-
Oil & Gas
NES Fircroft Permanent Placement division is looking for a Project Cost Control Engineer based in Dubai.
Our client specializes in integrated solutions for the industry that bring together a wealth of expertise and innovation in engineering services to cover the entire oil and gas value chain and beyond.
Job Summary:
The Project Engineer plays a crucial role in managing, overseeing, and executing a diverse portfolio of projects. This encompasses projects of various scales, from minor or medium (rig upgrade and modification, new equipment installation or replacements) to major projects (5-yearly overhauls, Special Periodic Surveys, Rig Activation/Reactivations). The Project Engineer is actively involved from the initiation phase to the post-mortem evaluation, ensuring that the project stays within the approved budget and meets the intended objectives.
Key Responsibilities:
Project Definition and Execution
· Clearly define each project's scope during the preparation phase, using rig historical data, and conducting preliminary surveys possibly with roving teams or third-party services as necessary.
· Identify project resources and develop relevant resources calendar, prioritize OEM service providers and roving team as 1st option for personnel.
· Develop the project budget based on surveys reports and close out meeting within rig & HQ FTS.
· Develop comprehensive and realistic schedules, to monitor and control during project duration, with clearly identified critical paths.
· Manage procurement process, tracking cost and delivery schedule against project requirements.
· Transition to Project Manager during the execution phase of major projects, with a full understanding of the project, addressing any showstoppers and deviation from baseline, escalating issues, and maintaining project cohesion.
· For long-term projects, issue daily task planning to be reviewed on daily basis with the project team, shipyard, and any other relevant personnel for a clear understanding of all ongoing activities and SIMOPS evaluation. A PIC should ensure timely delivery of his scope and report any relevant issues.
· Emphasize teamwork, cohesion, and collaboration throughout the project, promoting a united team aiming for the project's successful completion.
· Validation process: peer review to be performed on a regular basis to ease decision making.
· Manage all changes always through the integrated change control process.
Project Classification and Management
· Oversee major projects from initiation to completion, including post-mortem analysis.
· Manage at least one medium-sized project concurrently, except during the execution phase of a major project.
· Provide technical support, QAQC, and RFM validation for minor projects, although primary management should be by the Rig manager and rig team
Reporting
· Lead periodic readiness meetings, with relevant personnel, during preparation phase
· Produce weekly reports on assigned projects and compile these for client management and stakeholders.
· Update main projects in client’s weekly report to management
· Upon project completion, collect stakeholders’ feedback and perform post-mortem analysis.
Financial Oversight
· Ensure each project has an approved budget before initiation: SOPEX for minor and AFE for medium and major projects.
· Monitor and control costs during project procurement and execution phases, aiming for cost savings and adherence to the budget.
· Maintain a realistic budget with the primary objective of staying within or below the budget
· Unplanned SOWs are not allowed during project execution.
Procurement and Services
· Ensure timely procurement and delivery of all required equipment for the project
· Examine received equipment for specification compliance.
· Monitor purchase orders through a dedicated project tracker.
· Consider potential delays like shipping, airfreight, and custom clearance, especially in West Africa.
· Contract 3rd party services ONLY when necessary, emphasizing clarity in payment terms, scope of work, mobilization terms, etc.
· Request and verify CVs of non-OEM or specialized personnel from 3rd party service providers.
Planning and Safety
· Utilize tools like MS Project for comprehensive project planning.
· Implement and adhere to rigorous HSE standards including daily meetings, safety drills, medevac procedures, and regular safety audits
Qualifications:
With over 90 years' combined experience, NES Fircroft (NES) is proud to be the world's leading engineering staffing provider spanning the Oil & Gas, Power & Renewables, Chemicals, Construction & Infrastructure, Life Sciences, Mining and Manufacturing sectors worldwide. With more than 80 offices in 45 countries, we are able to provide our clients with the engineering and technical expertise they need, wherever and whenever it is needed. We offer contractors far more than a traditional recruitment service, supporting with everything from securing visas and work permits, to providing market-leading benefits packages and accommodation, ensuring they are safely and compliantly able to support our clients.
Our client specializes in integrated solutions for the industry that bring together a wealth of expertise and innovation in engineering services to cover the entire oil and gas value chain and beyond.
Job Summary:
The Project Engineer plays a crucial role in managing, overseeing, and executing a diverse portfolio of projects. This encompasses projects of various scales, from minor or medium (rig upgrade and modification, new equipment installation or replacements) to major projects (5-yearly overhauls, Special Periodic Surveys, Rig Activation/Reactivations). The Project Engineer is actively involved from the initiation phase to the post-mortem evaluation, ensuring that the project stays within the approved budget and meets the intended objectives.
Key Responsibilities:
Project Definition and Execution
· Clearly define each project's scope during the preparation phase, using rig historical data, and conducting preliminary surveys possibly with roving teams or third-party services as necessary.
· Identify project resources and develop relevant resources calendar, prioritize OEM service providers and roving team as 1st option for personnel.
· Develop the project budget based on surveys reports and close out meeting within rig & HQ FTS.
· Develop comprehensive and realistic schedules, to monitor and control during project duration, with clearly identified critical paths.
· Manage procurement process, tracking cost and delivery schedule against project requirements.
· Transition to Project Manager during the execution phase of major projects, with a full understanding of the project, addressing any showstoppers and deviation from baseline, escalating issues, and maintaining project cohesion.
· For long-term projects, issue daily task planning to be reviewed on daily basis with the project team, shipyard, and any other relevant personnel for a clear understanding of all ongoing activities and SIMOPS evaluation. A PIC should ensure timely delivery of his scope and report any relevant issues.
· Emphasize teamwork, cohesion, and collaboration throughout the project, promoting a united team aiming for the project's successful completion.
· Validation process: peer review to be performed on a regular basis to ease decision making.
· Manage all changes always through the integrated change control process.
Project Classification and Management
· Oversee major projects from initiation to completion, including post-mortem analysis.
· Manage at least one medium-sized project concurrently, except during the execution phase of a major project.
· Provide technical support, QAQC, and RFM validation for minor projects, although primary management should be by the Rig manager and rig team
Reporting
· Lead periodic readiness meetings, with relevant personnel, during preparation phase
· Produce weekly reports on assigned projects and compile these for client management and stakeholders.
· Update main projects in client’s weekly report to management
· Upon project completion, collect stakeholders’ feedback and perform post-mortem analysis.
Financial Oversight
· Ensure each project has an approved budget before initiation: SOPEX for minor and AFE for medium and major projects.
· Monitor and control costs during project procurement and execution phases, aiming for cost savings and adherence to the budget.
· Maintain a realistic budget with the primary objective of staying within or below the budget
· Unplanned SOWs are not allowed during project execution.
Procurement and Services
· Ensure timely procurement and delivery of all required equipment for the project
· Examine received equipment for specification compliance.
· Monitor purchase orders through a dedicated project tracker.
· Consider potential delays like shipping, airfreight, and custom clearance, especially in West Africa.
· Contract 3rd party services ONLY when necessary, emphasizing clarity in payment terms, scope of work, mobilization terms, etc.
· Request and verify CVs of non-OEM or specialized personnel from 3rd party service providers.
Planning and Safety
· Utilize tools like MS Project for comprehensive project planning.
· Implement and adhere to rigorous HSE standards including daily meetings, safety drills, medevac procedures, and regular safety audits
Qualifications:
- Bachelor’s degree in engineering or related field.
- Proven experience in project engineering and management.
- Experience on Jack up projects
- Ability to oversee construction yards services and control Time and Materials (T&M) services timesheets (services for which the contractor is paid upon the time spent by the construction yard employes to perform the work, and for materials used)
- Excellent organizational, leadership, and communication skills.
- Proficiency in relevant project management software.
- Ability to manage multiple tasks and projects simultaneously.
- Competitive salary and benefits package.
With over 90 years' combined experience, NES Fircroft (NES) is proud to be the world's leading engineering staffing provider spanning the Oil & Gas, Power & Renewables, Chemicals, Construction & Infrastructure, Life Sciences, Mining and Manufacturing sectors worldwide. With more than 80 offices in 45 countries, we are able to provide our clients with the engineering and technical expertise they need, wherever and whenever it is needed. We offer contractors far more than a traditional recruitment service, supporting with everything from securing visas and work permits, to providing market-leading benefits packages and accommodation, ensuring they are safely and compliantly able to support our clients.