Interested candidates, kindly mail to [email protected]

Job Summary:

We are looking for an experienced Cost Estimation Engineer to support project cost estimation, budgeting, cost benchmarking, and cost control activities across offshore (deepwater and shallow-water) and onshore projects. The role involves maintaining the in-house cost database, supporting project planning and budgeting, and reviewing external cost estimates throughout the project lifecycle.

Key Responsibilities:

- Prepare in-house multi-class cost estimates covering CAPEX and OPEX for offshore and onshore projects.
- Conduct cost benchmarking against comparable industry projects and developments.
- Develop estimation methodologies and Basis of Estimate (BOE) documents.
- Maintain and update the in-house cost database, including historical data, benchmark metrics, and unit rates.
- Support the development of the Project Work Breakdown Structure (WBS).
- Translate approved estimates into phased project budgets aligned with the WBS and project schedule.
- Provide technical inputs to the SAP team for Purchase Requisitions and service entry preparation.




- Review cost estimates prepared by external agencies and provide structured feedback.
- Ensure systematic documentation, traceability, and maintenance of cost estimates.

Skills & Competencies:

- Knowledge of project lifecycle stages, concept screening, offshore, subsea, and onshore production facilities, and oil and gas processing.
- Understanding of offshore installation methods, onshore construction, pre-commissioning, commissioning, and HUC scope.
- Knowledge of Class 1–5 cost estimate classification and cost estimation methodologies.
- Familiarity with industry-standard cost estimation software and tools.
- Robust analytical, documentation, and cost evaluation skills.
- Advanced proficiency in MS Excel and working knowledge of MS Word and PowerPoint.
- Excellent communication and collaboration skills to interact with multiple departments and disciplines.

Education & Experience:

- B.E. in Mechanical, Chemical, or Petroleum Engineering.
- Minimum 10 years of relevant experience in the oil and gas sector.

Interested candidates, kindly mail to [email protected]

📌 Lead Project Development Engineer (Cost Estimation) (Navi Mumbai)
🏢 Reliance Industries
📍 Navi Mumbai