Cost Estimator

Job Description

Wood is currently recruiting for an experienced Cost Estimator as part of our Project Control team within our Oil, Gas & New Energies business based in Abu Dhabi, United Arab Emirates.

Due to the nature of the projects and client expectation, the position will be based full time at our Engineering Center in Abu Dhabi, United Arab Emirates.

Remarkable people, trusted by clients to design and advance the world.

Our Clients and Projects

Designing the future. Transforming the world.

Wood's Oil, Gas & New Energies business is built on a strong legacy of delivering large and complex projects for national and international energy companies across the globe. We have experienced teams, a proven delivery model and a strong reputation.

We are the market-leading provider of integrated and innovative solutions that challenge the status-quo in the oil and gas upstream and midstream, onshore and offshore, gas to liquids and decarbonisation and electrification markets. We pride ourselves in steady and predictable delivery, setting our sights on an exciting growth trajectory.

Energy security, transition and supply have never been more important. You, our enabling teams, are at the very forefront of transformative projects that are providing sustainable power to generations to come. We are the ones to bring low-carbon concepts to reality.

What We Can Offer

• Meaningful and interesting projects: Delivered to high profile clients across the Energy Sector
• Commitment to Diversity and Inclusion: We are an organisation actively committed to diversity and inclusion across our business
• Competitive renumeration package: With regular reviews to ensure we are rewarding at the right level in line with the market
• Medical Insurance: Ensures inpatient, and outpatient medical care is available should you require treatment
• Group Life and Personal Accident Insurance: The company provides Life Assurance cover
• End of Service Gratuity: In line with UAE Labor Law, all employees are eligible for an End of Service benefit
• The Employee Share Plan: Gives you the opportunity to purchase Wood shares and receive a match from the company
• Long Service Award: Wood values the commitment and loyalty of our people. Celebrating Long Service provides an opportunity for the business to demonstrate their appreciation of the hard work, dedication and many years’ service of our employees at 5 year service milestones
• Commitment to continued professional development: Development plans that are tailored to your individual needs and interests
• Global connections: Join experts around the world who are at the leading edge of our industry, shaping the standards of our profession
• Energy Transition Academy: Join a community of experts sharing your knowledge and gaining more exposure to a variety of existing and emerging energy systems – delivered by experts in their field
  
  

The Key Objectives For This Role Are

• Develop accurate and competitive cost estimates for all phases of oil and gas projects, ensuring alignment with project scope, timelines, and deliverables.
• Maintain and improve cost estimation tools, databases, and benchmarks to reflect current market trends, pricing fluctuations, and project learnings.
• Collaborate with cross-functional teams (engineering, procurement, planning) to collect the most updated and relevant data for comprehensive estimates.
• Support bid preparation and proposal development by delivering timely and well-documented cost breakdowns for tender submissions.
• Evaluate and analyze project scope changes to assess potential cost impacts and assist in implementing change management procedures.
• Enhance cost control measures by identifying cost-saving opportunities during early-stage project planning.
• Ensure compliance with company policies and industry standards, incorporating best practices in estimating methodology and documentation.
• Track estimate performance versus actuals
  
  

Responsibilities

Key Accountabilities and Responsibilities:

• Develop Comprehensive Cost Estimates Prepare detailed cost estimates across all project phases—from conceptual design through detailed engineering, procurement, construction, and commissioning.
• Analyze Project Scope and Documentation Review engineering drawings, project specifications, bill of quantities (BOQs), and scope definitions to ensure accurate cost projections.
• Maintain and Update Cost Databases Keep internal cost estimation tools and databases current with market prices, historical data, and vendor rates for materials, labor, and equipment.
• Vendor and Subcontractor Coordination Liaise with suppliers and subcontractors to obtain accurate and up-to-date pricing; verify commercial and technical compliance of cost inputs.
• Integrate Estimation with Project Planning Work closely with planning teams to align cost estimates with schedule information, identifying risks and cost-time trade-offs.
• Support Change Management Analyze the cost impacts of design modifications and scope changes; contribute to cost variation proposals and change order documentation.
• Risk and Contingency Evaluation Assist in identifying cost-related risks and uncertainties, and help develop contingency strategies and cost buffers accordingly.
• Participate in Tendering and Bid Processes Support bid preparation by compiling pricing information, cost breakdowns, and narrative justifications for client submissions.
• Reporting and Documentation Prepare accurate and transparent estimate reports, cost summaries, and variance analyses for internal reviews and management presentations.
• Benchmarking and Lessons Learned Capture post-project cost performance data to enhance future estimate accuracy and refine cost models.
  
  

Qualifications

What makes you remarkable

At Wood, we are committed to equal opportunities and welcome all talented individuals to consider joining our team. So even if you don't match every statement below but feel you have some of the experience, knowledge or skills needed for this role, we encourage you to apply. It will take all of us working together to deliver solutions to the world’s most critical challenges.

Expected

• Deliver precise and well-documented estimates that align closely with actual project costs and support project budgeting, bidding, and financial control.
• Maintain consistency in cost estimates across multiple projects by leveraging up-to-date cost databases and benchmarking tools.
• Provide timely responses to estimate requests during all project phases to support key decision-making and client commitments.
• Contribute to project success by identifying cost drivers, flagging potential overruns, and recommending value engineering options.
• Enhance team efficiency through effective collaboration, clear communication, and reliable cost data integration with planning and procurement.
• Advance cost estimating practices by sharing lessons learned and applying continuous improvement to tools, methods, and accuracy tracking.
• 3–5 years of experience in cost estimating within the oil and gas, petrochemical, or heavy industrial sectors. Experience with FEED, EPC, and shutdown/maintenance projects is highly desirable.
  
  

Certifications (Preferred)

• AACE certifications such as Certified Estimating Professional (CEP)
• PMP or other project management credentials are a plus
  
  

Personal Attributes

• Capable of working independently and making decisions.
• Excellent organizational skills
• Excellent Negotiation skills
• Excellent communication skills.
• Work well within a multicultural team environment.
  
  

About Us

Wood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. We provide consulting, projects and operations solutions in 60 countries, employing around 35,000 people. www.woodplc.com

Diversity Statement

We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.