01Overview
Cost Estimator Oil & Gas (Remote / Virtual)
Location: Remote (India)
Employment Type: Full-Time
Qualification: BE/ B. Tech or Diploma in Engineering
Salary: 10 11 LPA (CTC)
About the Role
We are seeking an experienced Cost Estimator to join our growing team and support medium to large-scale Oil & Gas, EPC, Petrochemical, and Energy projects. This is a fully remote (virtual) position based in India. The successful candidate will be responsible for preparing accurate, multi-disciplinary cost estimates, supporting tender submissions, identifying cost optimisation opportunities, and working closely with project teams throughout the project lifecycle.
Key Responsibilities
Prepare multi-disciplinary cost estimates for medium and large Oil & Gas, EPC projects using appropriate estimating tools and systems.
Develop conceptual, preliminary, and definitive cost estimates throughout various project phases.
Review project scopes, engineering drawings, specifications, BOQs, and tender documentation to prepare accurate estimates.
Analyse project requirements and recommend cost-effective engineering and execution solutions.
Coordinate with project managers, engineers, procurement teams to ensure accurate and high-quality estimates.
Identify, document, and communicate all estimating assumptions, qualifications, and clarifications.
Support project development by providing estimating input for project selection, feasibility, and optimisation studies.
Identify opportunities to improve project execution, reduce costs, and enhance capital efficiency.
Assist project teams in identifying, evaluating, and managing estimate risks and contingencies.
Support procurement activities by performing cost analysis and providing recommendations for vendor and subcontractor selection.
Evaluate supplier quotations, vendor proposals, and contracts to ensure commercial competitiveness.
Maintain estimating databases, historical cost information, and benchmarking data.
Prepare professional cost reports and presentations for internal management and clients.
Required Qualifications
Bachelor's Degree in Mechanical, Civil, Electrical, Chemical Engineering, Engineering Technology, Construction Management, or a related discipline.
Minimum 6 to 8 years' experience in Oil & Gas, EPC, Petrochemical, Refinery, or Project Management environments.
Minimum 6 to 8 years of hands-on experience in cost estimation, tendering, or proposal execution.
Strong knowledge of cost estimating methodologies, budgeting, quantity take-offs, and cost analysis.
Understanding of project lifecycle phases and capital cost estimation.
Knowledge of risk management principles and cost contingency development.
Familiarity with industry standards, codes, and regulatory requirements within the energy sector.
Strong analytical and problem-solving skills with excellent attention to detail.
Advanced proficiency in Microsoft Excel and MS Office.
Excellent written and verbal communication skills in English.
Preferred Skills
Experience using cost estimating software such as Aspen Capital Cost Estimator (Aspen CCE) or similar estimating tools.
Experience working on EPC projects.
Knowledge of procurement, contract evaluation, and commercial analysis.
Ability to interpret engineering drawings, P&IDs, and technical specifications.
Strong organisational, planning, and coordination skills.
Ability to manage multiple tenders and projects simultaneously.
Excellent communication and report-writing skills.
What We Offer
Remote (Virtual) work from anywhere in India.
Competitive salary of 1011 LPA, based on experience.
Opportunity to work on Oil & Gas and EPC projects.
Career growth and professional development.
Collaborative and supportive team environment.
Exposure to large-scale engineering and infrastructure projects.
How to Apply
If you have a strong background in cost estimation within the Oil & Gas or EPC industry and are looking to work with a team on exciting projects, we'd love to hear from you.
Compensation: 1,000,000.00 - 1,100,000.00 per year
Work Location: Remote .
