Senior Project Cost Engineer

Vega Consultants AS
Senior Project Cost Engineer


On behalf of our client in the oil and gas industry, we are looking for a Senior Cost Engineer to be responsible for all cost engineering deliverables for a particular project or portfolio of projects

Typical tasks will include: 

  • Be responsible for internal and external project cost status reporting 
  • Accurate and consistent cost tracking 
  • Responsible for managing accruals, forecast, cash flow input, invoice handling, preparation of requisitions 
  • Deliver variance explanations to Finance department 
  • Develop and maintain project Work Breakdown Structure (WBS) 
  • Handle project changes with cost impact (management of Change) 
  • Identify, analyze and track cost changes vs sanctioned budgets 
  • Develop and manage contingency drawdown plan 
  • Prepare and follow-up Manpower Projection Plans and man-hour cost estimates 
  • Correlate cost data with other project controls data (schedules, manpower, productivity etc)
  • Investigate variances, prepare analysis, highlight inconsistencies and propose mitigating actions 
  • Provide general Project Management support 

Qualifications required

  • Bachelor or Master’s degree in Economics, Engineering or similar. Experience may compensate for lack of formal education. 
  • Minimum 5 years’ experience with cost control of large oil and gas projects is required. Candidates without this experience will not be evaluated. 
  • Fluent English and Norwegian language, verbal and written
  • Knowledge of project control tools, such as SAP, EcoSys, PowerBI, and Pims

Candidates must also be eligible for work in Norway.

This is a long contract of 2 years, and our client would like the candidate to start in August. As a consultant with us, you will receive competitive compensation and benefits, and regular follow-up throughout your assignment. 


Does this sound like something for you? Then we look forward to receiving your CV! Candidates will be reviewed continuously. 

For questions regarding the position, please contact Leah Jespersen on 413 32 939.