Cost Engineer

Vacancy ID



Reading, Berkshire, England

Job Type


Job description

Our client, an Oil and Gas Operating Company are looking for x2 Cost Engineers to be based in Berkshire, UK. The role is offered with an immediate start, a long term contract and a negotiable hourly rate

Job Overview:

As Cost Engineer you'll be responsible for providing advisory support to the project management team related to all the cost related activities.


  • Develop and maintain cost reports, cash flow and contingency analyses for the individual projects.
  • Provide Cost Estimates.
  • Administer Change Orders and Bid box as required by procedure.
  • Estimates costs of positive / negative scope changes and assess impact on total project cost: work with estimators to get assistance if needed.
  • Ensure accurate reflection of committed/spent funds, Change Alerts, Project deviation notices, field change orders, and project execution changes in all cost documents relating to the construction phase.
  • Prepare and update monthly project updates (MPU).
  • Review of Contractor Progress Payment Certificates for Engineering, Procurement and Construction.
  • Process Service Entry Sheets through SAP once the invoice is approved.
  • PO creation and WBS corrections through SAP.

Required Qualifications and Experience:

  • Ideally have a degree in Engineering, Business or related subject
  • Extensive experience within Cost Engineering working on Oil and Gas projects during the EPC Phase
  • Past experience working on Saudi Aramco projects would be advantageous
  • Mega Capital Project experience would be beneficial