Cost Control Engineer
Job Description
OPSL Capital Ventures Limited (OPSL) is looking to hire a Cost Control Engineer who will be responsible for ensuring projects are completed within budget and on schedule by performing cost estimation, budgeting, tracking spending, and forecasting future costs. They will work with project managers and contractors to mitigate financial risks, analyze trends, and manage project changes from initiation to completion.
Key Responsibilities
- Provide expert guidance in budget forecasting, strategic planning, contract execution, and compliance oversight. This includes the review and interpretation of contract terms and clauses to ensure alignment with organizational and regulatory requirements.
- To offer specialized expertise in and validation of enterprise analytical technologies to enhance operational effectiveness and decision-making.
- Responsible for the comprehensive reporting of project costs and cost allocations, as well as the oversight and maintenance of all associated documentation control processes programs.
- Ensure full support to budget and cost performance. Attend meetings, produce reports, create and maintain a database for budget control, and issue monthly reports.
- Provide technical guidance for the development and optimization of performance standards.
- Provide Management with contract administration and cost control tools.
- Generate Call-Off to create Service Entry.
- Raise Service Entry to process Proforma invoice
Key Requirements
- BSc degree in Geology, Chemical, Petroleum Engineering or another relevant engineering discipline.
- 5 years of Oil & Gas Industry experience.
- Must have adequate training or experience related to well operations or intervention oil and gas wells.
- 11-20 years’ experience in both office and field supervisory roles.
- Valid BOSIET (Basic Offshore Safety Induction and Emergency Training).
- IWCF (International Well Control Forum) Level 4 certification, renewed every two years.
- Experience with SAP, Wellview or relating software for AFE And Costing , and advanced MS Office.
- Additional relevant technical skills as required by the role.
