Senior Project and Drilling Cost Engineer

1 day ago

Stavanger, Rogaland, Norway Omega AS Full time
Senior Project and Drilling Cost Engineer

Omega 365 Consulting is a leading supplier of highly skilled project personnel in the oil and gas, renewable energy, and infrastructure sectors. We offer a wide range of consultant assignments, featuring many of the most exciting projects in Norway and internationally.

Details

Duration: ASAP-2 years with options to extend.
Location: Stavanger, but occasional travels may be expected.

Assignment Description

  • Responsible for overall Berling project cost engineering, forecasting and monthly reporting in Pims Cost Management.
  • Responsible for all Drilling related cost engineering, forecasting and status reporting.
  • Maintain control budgets (CCEs), document and present basis and assumptions as part of baseline updates twice a year.
  • Prepare and maintain Berling Well Budgets and AFE Cost Estimates including subsequent cost controlling and forecasting of well specific costs.
  • Input and maintain AFE into applicable Company software.
  • Input and maintain Drilling cost status and forecasts into Pims Cost Management.
  • Create PRs, SRs and RFS as part of Procurement process.
  • Manage accrual and cash call process and interface with Finance.
  • Perform and present cost forecasting and variance analysis vs control budgets, previous periods and VOWD.
  • Ensure uncertainties and risks are considered and reflected appropriately in cost forecasts.
  • Participate in project change processes (MoC, VOR/VO) to identify and assess impact on project cost and record changes in Pims Cost Management.
  • Interface and liaise with Finance and Procurement on relevant processes such as SAP, WBS, WP&B, PR/PO, commitments, invoicing, VOR/VO.
  • End of Well Cost analysis (Actual cost vs AFE).
  • End of Well Usage reconciliation of tangibles, rig rate, etc.
  • Develop and maintain project CBS and WBS for the project, and implement in Pims Cost Management and SAP.
  • Interface and co-operate with project team members and contractors to capture, understand and report status and changes.
  • Implement and maintain cost engineering tools, procedures, guidelines and methodology in the project according to Company's requirements.
  • Provide cost information to Company's annual planning cycle and JV budgeting processes.
  • Develop budget and forecast scenarios as required by Project Management.
  • Inform and advise Project Management on any cost engineering related issues.
  • Contribute in cost engineering reviews and as required (i.e. EPR, Well Engineering gates, CSRA and other).
  • Active support achievement of the Berling HSSE objectives, targets and KPI's.

Qualifications

  • Minimum 10 years of project delivery experience from offshore oil & gas industry preferably from NCS.
  • Demonstrate experience from working with Cost Engineering in an integrated team within engineering and construction during Execute phase.
  • Demonstrate experience from working with Cost Engineering within development drilling.
  • Ability to apply consistent Cost Engineering methodologies and deal appropriately with detail.
  • General knowledge of Project Management principles and techniques.
  • General knowledge of Contracts and Procurement principles and techniques.
  • General knowledge of Economics and Commercial principles and techniques.
  • Proficient with the use of standard office software and Project Controls tools (PIMS, SAP, Primavera, Safran etc).
  • The ability to lead and interact with specialist engineers, project teams and contractors is essential.
  • Experience in working for an upstream operator company.
  • Preferable with a candidate located in the Stavanger region.
  • Strong analytical skills & excellent written and verbal English communications skills.
  • Must have a "team attitude.
  • Self-motivated and be willing to support delivery team planners as required.
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