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Jobs in Singapore   »   Jobs in Singapore   »   Finance / Banking / Insurance Job   »   Cost Engineer/ FPSO - 2 Years
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Cost Engineer/ FPSO - 2 Years

Modec Offshore Production Systems (singapore) Pte. Ltd.

Responsible for:

i) EPCI CAPEX cost estimate and associated commercial deliverables during proposal phase; and

ii) Reference cost data analysis and benchmarking data development/ update


Key Accountabilities

  • Cost Engineering Skills and Knowledge

To have good understanding on the industrial standard cost engineering terminology (Estimate

classification, estimate methodologies, estimate review and validation, etc.)

  • Coordination capability

Coordinate and interface with technical/ commercial professionals, vendors, subcontractors and

client to EPCI CAPEX costing within the time frame

  • CAPEX Estimate

Develop CAPEX cost estimate along with back-up data based on technical/ executional input

  • Commercial deliverables

Work out commercial deliverables related to CAPEX (e.g. Compensation Form, Basis/ Assumption of CAPEX

Estimate, Commercial Qualifications, etc.) to read thru the ITT documents as part of Commercial Bid

Proposal

  • Cashflow Projection

Produce cashflow projection (cash-in/cash-out) based on Project Schedule, Milestone Payment from

Company and payment terms by Vendors/ Subcontractors

  • Cost data analysis

Collect, assort various cost data along with technical information for benchmarking and analyze tendency,

correlation or algorithm in order to develop applicable estimate methodologies.

  • Knowledge of risk management and risk contingency

Define and identify risks in terms of opportunities and threats.

To have knowledge of risk management process.

To have good understanding on the concept of risk contingency and allowance


Technical Competencies

  • Familiar with FPSO projects including some technical knowledge.
  • Basic understanding of project management process.
  • Strong knowledge and skills of Microsoft Excel.

Qualifications

  • Bachelor’s degree in Business, Accounting, Finance or Engineering/Construction Management. Experience in lieu of college degree may be accepted.
  • 7 to 10 years working experience of Offshore or Onshore Oil & Gas Projects especially EPCI phase as Project Management or (preferreble for Offshore, especially FPSO Projects exeperience)
  • Preferreble to have experience on Cost Estimation on Bid/FEED on Offshore or Onshore Oil & Gas Projects (preferreble for Offshore, especially FPSO Projects exeperience)

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