Cost Engineer (Analyst)

British Petroleum (BP)

Oman

Ref: KP754-237

Job description / Role

Employment: Full Time

The Cost Engineer (Analyst) assists the Wells Team to deliver simple, concise and systematic cost information for Global Wells Organization (GWO) in support of delivering the mission of safe, compliant, and reliable wells. The Cost Engineer implements and is the regional GWO lead for all GWO cost processes.

Critical challenges that impact the ability to deliver on prescribed accountabilities include:
* Non-standardized way of delivering GWO cost information.
* Success is dependant of the Wells community conforming to applicable procedures.
* Differing levels of awareness and hence application of associated tools and processes.

Supporting the regional GWO teams, the cost analyst ensures that wells costs are developed systematically in conformance with GWO processes. Seeks out trends and early indicators of potential underperformance and raises these to leadership with recommendations for resolution.

* Assist in the development of GWO cost estimates for FMs, AFEs, and forecasting.
* Provide verification that GWO procedures and guidance are consistently followed.
* Provide information for the development of Business Plan Elements (BPEs) and Plan Change Proposals (PCPs) for wells.
* Provide cost progress reporting.
* Maintain Cost Model to track, monitor & forecast wells costs.

Requirements

* Bachelor's degree in business (Economics, Accounting & Finance).
* Previous experience in Oil & Gas industry 3-5 years in Upstream.
* Prior roles in Wells organization preferred in Cost Management.
* Experienced in MS Office applications or developed IT skills.

About the Company

Our business is the exploration, production, refining, trading and distribution of energy. This is what we do, and we do it on a truly global scale. With a workforce of nearly 80,000 employees, BP operates with business activities and customers in more than 80 countries across six continents. Every day, we serve millions of customers around the world. We are continually looking for talented, committed and ambitious people to help us shape the face of energy for the future.

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