Project Cost Engineer
JOB TITLE: Project Cost Engineer
EMPLOYER: Joint Operating Company of Absheron Petroleum DUTY STATION: Azerbaijan
PUBLISHED: 2020-08-11 LAST UPDATED: 2020-08-11 DEADLINE: 2020-09-10

Joint Operating Company of Absheron Petroleum

Job Description


JOB TITLE (JOB HOLDER) Project Cost Engineer


Position to report : Project Control Manager
Contract duration: 2 years
Present job holder : new recruitment


Absheron Early Production Scheme (EPS) is an early development phase to target a first gas production mid-2022.
The Full Field Development studies have started based on the promising results of EPS well ABD001.
JOCAP Joint Operating Company of Absheron Petroleum is a new Company created in March 2018, which is the Operator of Absheron from August 2018.
Absheron development reference agreements are PSA, JOA and addendums.
EPS Project technical data:
152Mscf/d of gas, 12kbbl/d of condensate; production from 1 subsea well, 34km multiphase flowline, dedicated new platform installed at Oil Rocks field (operated by SOCAR); WHSIP = 555bar, WHFP = 380bar.


The Project Cost Engineer is in charge to:
 Develop, communicate and implement a cost management system in compliance with the Governing Agreements, AACE Cost Management Framework and best practices of major O&G companies.
 Analyze & review Contractor KPI's and audits to ensure relevance to contract and progress.
 Validate monthly VOWD Value Of Works Done in coordination with Planning and Reporting Team;
 Provide the necessary checks, approval functions for invoices submitted, in accordance with Contracts, Project & Company procedures and make sure that the invoiced values are representing approved values of the actual works performed by contractors, sub-contractors, suppliers etc..
 Assist in the cost assessment of any contract variations (change orders) and identify any Project cost trends, drifts, variances data update and maintain the Project Final Cost Estimate and follow up of Life of Project (LOP) Budget for Subsea and Platform Packages;
 Prepare the Monthly Cost Reports.

The job holder is accountable for demonstrating an exemplary behaviour with regard to HSSE rules & requirements, to the Company Ethics and Code of Conduct policy and for implementing and controlling these rules and requirements within his area of responsibility. He shall respect the JOCAP Code of Conduct and Maintain ethical culture at the workplace.


 Comply with the Activities described within the HSE Management System
 Take reasonable care of own Health and Safety and that of Others who may be affected by their acts at work
 Know responsibilities to environmental issues in the work areas
 Each employee, at his level of responsibility, must observe all Company Rules, Procedures and instructions in the performance of his own task As such his duties and areas of authority are:
 Follow HSE instructions given by Managers and supervisory personnel
 Assure of the safety of his work site before commencing work
 Take the necessary measures to avert immediate threat of danger
 Exercise such caution as is necessary to avoid danger to persons and installations or to avoid pollution
 Use tools, equipment and their safeguards correctly
 Use the provided means of personal protection correctly
 Leave the workplace behind correct and orderly, upon job completion – enforce the Company Clean Desk policy
 Report any anomaly, abnormal conditions and near miss to supervisor
 Participate actively in HSE meetings, safety talks, tool boxes, training sessions and drills
 Co-operate actively in the execution of the HSE plans Authority to suspend activities when there is a potential or actual threat to human life, the installation or the environment, and notify forthwith the responsible supervisor


 Degree in relevant discipline (certificate from recognized international organization i.e. AACE is an advantage);
 Minimum 10 year experience of O&G with minimum 5 year as Cost Engineer;
 Cost management experience of a portfolio at least > 200 MUSD Projects preferably in Oil & Gas Projects within major Operating Companies;
 Experience of working with EPCI Contractors under different contractual schemes i.e. lump-sum, reimbursable etc.;
 Use of SAP controlling, commitments and cost structure modules Understanding of company and project finance;
 Development and use of computer cost management applications;
 Sound excel knowledge.
 Fluent in English and Azerbaijani languages, Russian language recommended.
 Ability to work on projects in a complex and multicultural environment and used to communication with international technical staff and experts

Interested applicants should submit their CV in English to

For candidates: Please indicate the name of the position you are applying for in the subject line of the email. Otherwise your candidacy will not be considered.

Deadline for applications – 11rd September, 2020.

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