Senior Project and Drilling Cost Engineer

Senior Project and Drilling Cost Engineer 
 
Contract period: ASAP - 2 years duration
Location: Stavanger

Main Tasks:

• Responsible for overall project cost engineering, forecasting and monthly reporting in Pims Cost Management
• Responsible for all Drilling related cost engineering, forecasting and status reporting 
• Maintain control budgets (CCEs), document and present basis and assumptions as part of baseline updates twice a year
• Prepare and maintain Well Budgets and AFE Cost Estimates including subsequent cost controlling and forecasting of well specific costs 
• Input and maintain AFE into applicable Company software 
• Input and maintain Drilling cost status and forecasts into Pims Cost Management 
• Create PRs, SRs and RFS as part of Procurement process
• Manage accrual and cash call process and interface with Finance
• Perform and present cost forecasting and variance analysis vs control budgets, previous periods and VOWD 
• Ensure uncertainties and risks are considered and reflected appropriately in cost forecasts
• Participate in project change processes (MoC, VOR/VO) to identify and assess impact on project cost and record changes in Pims Cost Management 
• Interface and liaise with Finance and Procurement on relevant processes such as SAP, WBS, WP&B, PR/PO, commitments, invoicing, VOR/VO 
• End of Well Cost analysis (Actual cost vs AFE)
• End of Well Usage reconciliation of tangibles, rig rate, etc
• Develop and maintain project CBS and WBS for the project, and implement in Pims Cost Management and SAP
• Interface and co-operate with project team members and contractors to capture, understand and report status and changes
• Implement and maintain cost engineering tools, procedures, guidelines and methodology in the project according to Company’s requirements
• Provide cost information to Company’s annual planning cycle and JV budgeting processes
• Develop budget and forecast scenarios as required by Project Management
• Inform and advise Project Management on any cost engineering related issues
• Contribute in cost engineering reviews and as required (i.e. EPR, Well Engineering gates, CSRA and other) 
• Active support achievement of the project HSSE objectives, targets and KPI’s

Qualifications:

• Minimum 10 years of project delivery experience from offshore oil & gas industry preferably from NCS
• Demonstrate experience from working with Cost Engineering in an integrated team within engineering and construction during Execute phase
• Demonstrate experience from working with Cost Engineering within development drilling
• Ability to apply consistent Cost Engineering methodologies and deal appropriately with detail
• General knowledge of Project Management principles and techniques
• General knowledge of Contracts and Procurement principles and techniques
• General knowledge of Economics and Commercial principles and techniques
• Proficient with the use of standard office software and Project Controls tools (PIMS, SAP, Primavera, Safran etc)
• The ability to lead and interact with specialist engineers, project teams and contractors is essential
• Experience in working for an upstream operator company 
• Strong analytic skills & excellent written and verbal English communications skills
• Must have a “team attitude.
• Self-motivated and be willing to support delivery team planners as required

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.