Cost Estimation Engineer

Job Description

About us We invite you to bring your ideas to ExxonMobil to help create sustainable solutions that improve quality of life and meet society s evolving needs. Learn more about our What and our Why and how we can work together . ExxonMobil s affiliates in India ExxonMobil s affiliates have offices in India in Bengaluru, Mumbai and the National Capital Region. ExxonMobil s affiliates in India supporting the Product Solutions business engage in the marketing, sales and distribution of performance as well as specialty products across chemicals and lubricants businesses. The India planning teams are also embedded with global business units for business planning and analytics. ExxonMobil s LNG affiliate in India supporting the upstream business provides consultant services for other ExxonMobil upstream affiliates and conducts LNG market-development activities. The Global Business Center - Technology Center provides a range of technical and business support services for ExxonMobil s operations around the globe. ExxonMobil strives to make a positive contribution to the communities where we operate and its affiliates support a range of education, health and community-building programs in India. Read more about our Corporate Responsibility Framework. To know more about ExxonMobil in India, visit ExxonMobil India and the Energy Factor India. Follow us on Twitter , Facebook and LinkedIn. ExxonMobil is organizing scheduled in-person interviews at Gurgaon on 2nd and 3rd Aug 2025 for Project Management roles. Work Location: Bengaluru (Last date to apply is 25th July 2025) Note: Shortlisted candidates will receive an interview invitation letter from recruiting team What role you will play in our team 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 various stages of the project lifecycle. The role involves developing multi-disciplinary conceptual and definitive cost estimates for a variety of projects. What will you do Prepare multi-disciplinary cost estimates for a variety of medium and large projects using appropriate tools and systems. Develop detailed cost estimates for projects at various stages, including conceptual, preliminary, and definitive phases. Analyze project requirements and specifications to determine cost-effective solution Discuss, coordinate and resolve estimating input/queries with the project team and Subject Matter Experts available in organization to ensure quality estimate. Ensure all assumptions/clarifications are properly documented. Provide support for any selection and optimization study during project development. Identify and drive optimizations in cost and execution of projects Support project team in identification evaluation and capture of capital efficiency opportunities and estimate risks. Support the procurement process by providing cost analysis and recommendations for vendor selection Evaluate vendor proposals and contracts to ensure cost-effectiveness. What will you do Cont.. Perform Cost Reconciliation to previous estimates as the 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 the other cost engineers to ensure accuracy, completeness, and compliance with scope of work. Contribute to Lessons Learnt process throughout the project lifecycle. Assist in the development and maintenance of cost databases and estimation tools. Ensure the accuracy and currency of cost data within the databases About you Skills and Qualifications: Required Skills and Qualification: Degree in Engineering, Engineering Technology or Construction Management from a recognized university Minimum 3 years of prior experience in EPC or Project Management in the Oil and Gas Industry 5-10 years of experience in cost estimation or proposal execution Strong understanding of cost estimating techniques and tools to evaluate competitiveness, and related topics Expertise in risk management and mitigation strategies Knowledge of industry standards and regulatory requirements in the energy sector Ability to analyze complex data and generate actionable insights Strong problem-solving skills to address project challenges Good to have: Experience in cost estimation and execution of brownfield projects Good to have: Experience in using cost estimation software such as Aspen CCE About you Cont... Good command of English, both written and spoken Strong presentation skills in English and MS Excel Strong interpersonal and communication skills; ability to clearly and concisely convey recommendations to project team members and company leadership management Strong organizational, coordination, planning & interface skills and attention to details Ability to manage multiple projects simultaneously Ability to travel internationally as per business needs Able to work well with others in a fast-changing environment Work in shifts (9am to 6pm or 1:30 pm to 10:30 pm) Willingness to relocate to Bengaluru. Preferred Qualifications/Experience Prior Experience Interfacing with Contractors or teams remotely across multiple countries in oil, gas and energy projects. Experience in training/mentoring new employees. Your benefits An ExxonMobil career is one designed to last. Our commitment to you runs deep: our employees grow personally and professionally, with benefits built on our core categories of health, security, finance and life. We offer you: Competitive compensation Medical plans, maternity leave and benefits, life, accidental death and dismemberment benefits Retirement benefits Global networking & cross-functional opportunities Annual vacations & holidays Day care assistance program Training and development program Tuition assistance program Workplace flexibility policy Relocation program Transportation facility Stay connected with us Learn more about ExxonMobil in India, visit ExxonMobil India and Energy Factor India . Follow us on LinkedIn and Instagram Like us on Facebook Subscribe our channel at YouTube EEO Statement EEO statement ExxonMobil is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, or disability status. Nothing herein is intended to override the corporate separateness of local entities. Working relationships discussed herein do not necessarily represent a reporting connection, but may reflect a functional guidance, stewardship, or service relationship. Exxon Mobil Corporation has numerous affiliates, many with names that include ExxonMobil, Exxon, Esso and Mobil. For convenience and simplicity, those terms and terms like corporation, company, our, we and its are sometimes used as abbreviated references to specific affiliates or affiliate groups. Abbreviated references describing global or regional operational organizations and global or regional business lines are also sometimes used for convenience and simplicity. Similarly, ExxonMobil has business relationships with thousands of customers, suppliers, governments, and others. For convenience and simplicity, words like venture, joint venture, partnership, co-venturer, and partner are used to indicate business relationships involving common activities and interests, and those words may not indicate precise legal relationships.