Chennai Career Event- Applications invited for Cost Estimation Engineer 1
Bengaluru, KA, IN
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ExxonMobil is organizing scheduled in-person interviews at Chennai on 5th and 6th July 2025 for Project Management roles.
Work Location: Bengaluru (Last date to apply is 27th June 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
Please note benefits may change from time to time without notice, subject to applicable laws. The benefits programs are based on the Company’s eligibility guidelines.
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