aramco · 1 day ago
Estimating Engineering Specialist (Relocation to Saudi Arabia is required)
Aramco is one of the world’s largest producers of hydrocarbon energy and chemicals, and they are seeking an Estimating Engineering Specialist. The role involves preparing accurate cost estimates for capital projects in collaboration with cross-functional teams, ensuring compliance with project scope and contractual requirements.
Responsibilities
Prepare, review, and validate cost estimates at various project stages—conceptual, preliminary, and detailed design—ensuring compliance with company guidelines
Use historical data, vendor quotations, and engineering inputs to develop estimates with defined accuracy levels (e.g., Class 4 to class 1 estimates)
Collaborate with engineering and project teams to understand and interpret project scope and deliverables
Identify specialty items (e.g., licensed equipment, DCS systems, exotic materials) and ensure they are appropriately included in the estimate
Liaise with execution agency to secure quotations for equipment and bulk materials, adhering to minimum quotation requirements based on project value
Validate in-house pricing data or adjust based on current market conditions
Ensure the Estimate Package includes all required documentation such as scoping documents, conceptual drawings, MTOs, vendor quotations, and risk registers
Participate in reviews and approvals at various stages (e.g., Gate 1, Gate 2, etc.)
Identify cost risks and propose appropriate contingency levels based on project complexity and scope definition
Ensure all estimates adhere to Saudi Aramco Work Breakdown Structure (WBS) and other internal standards
Generate cost reports to track budget performance and forecast final execution costs
Qualification
Required
Bachelor's Degree in Engineering (preferably Mechanical, Chemical, or Electrical) or related field
Minimum of 10 years of experience in cost estimating within the oil & gas, energy, or industrial sector
Proven experience in preparing conceptual, preliminary, and detailed design estimates
Strong understanding of international estimating guidelines such as AACE International (Association for the Advancement of Cost Engineering)
Proficient in estimating tools and methodologies including unit rates, parametric estimating, and bottom-up estimating
Review project scope of work, specifications, and related documents
Review and prepare MTO
Analyze labor cost in terms of Man Hours and material cost requirements for a project
Estimate costs by looking at the entire project, including direct and indirect cost
Present cost estimates to upper management
Input cost data into company database
Excellent analytical and problem-solving skills
Strong communication and interpersonal abilities
Ability to work collaboratively across disciplines and manage multiple priorities
Company
aramco
We’re a leading producer of the energy and chemicals that drive global commerce and enhance the daily lives of people around the globe by continuing delivering an uninterrupted supply of energy to the world.
H1B Sponsorship
aramco has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (9)
2024 (4)
2023 (4)
2022 (5)
2021 (11)
2020 (6)
Funding
Current Stage
Late StageTotal Funding
$12.4BKey Investors
EIG Global Energy Partners(EIG)
2021-04-09Private Equity· $12.4B
Leadership Team
Recent News
2025-12-24
2025-12-24
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