• Prepared and validated cost estimates across conceptual, FEED, and detailed design stages for
multiple oil & gas capital projects exceeding SAR 100 million, supporting project screening,
budget authorization, and final investment decision (FID) approvals.
• Developed complete estimate packages including MTOs, BOQs, vendor quotations, scoping
documents, and risk registers aligned with project and client requirements.
• Participated in project gate reviews (Gate 1, Gate 2, Gate 3), proposals, presenting estimates,
validating assumptions, and supporting management approval processes.
• Maintained and updated cost data and estimation inputs within internal databases and
advanced Excel-based cost models to ensure consistency and traceability.
• Led cost estimation activities across multiple oil & gas capital projects, supporting major
contract awards and project approvals.
• Delivered cost estimates for EPC projects including shutdowns and gas processing facilities.
• Directed development of comprehensive cost models covering direct and indirect costs
including manpower, equipment, subcontracting, logistics, overheads, and contingency.
• Established construction costs using detailed man-hour build-ups, productivity norms, and all
in labor rates to ensure execution-based accuracy.
• Applied advanced estimating methodologies including bottom-up, parametric, and factored
techniques to produce defensible and audit-ready estimates.
• Developed CAPEX and OPEX estimates aligned with project cost structures and financial
planning requirements.
• Evaluated vendor quotations and benchmarked pricing against historical data and market
intelligence to ensure cost competitiveness.
• Managed RFQ processes including vendor solicitation, bid comparison, and commercial
evaluation to support accurate pricing inputs.
• Performed detailed material take-offs (MTO) using P&IDs, isometric drawings, GA drawings,
and vendor datasheets.
• Applied AACE-aligned estimation practices including estimate classification, cost maturity, and
accuracy range development.
• Identified cost risks and developed contingency strategies based on scope definition and
execution complexity.
• Ensured compliance with Saudi Aramco, SABIC, Major EPC Contractors
\[Hyundai, Samsung, Technicas, Amiral\] standards including WBS structures, procedures, and cost
guidelines.
• Coordinated with engineering, procurement, construction, and project controls teams to
validate scope and execution strategies.
• Managed technical and commercial clarifications with client estimation and project
management teams during bid and evaluation stages.
• Conducted site visits and field walkdowns to validate scope and improve estimate accuracy.
• Generated cost reports and forecasts supporting budget control and final cost projections.
• Led tender pricing and commercial bid evaluations ensuring technical compliance and optimal
pricing strategy.
• Integrated estimation with contracts, variations, and claims to ensure alignment between
cost engineering and commercial functions.
• Achieved cost optimization through value engineering and vendor negotiations, delivering
savings of SAR 5 million per project.
• Delivered estimates within ±10-15% accuracy through benchmarking, vendor validation, and
risk-adjusted methodologies.
- Company industry:
- Oil & Gas
