Vacancy Detail
Full time 03-10-2025

Lead Cost Engineer for Drilling Rig (Saudi Arabia)

MAS Group
Engineer Salary not specified
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Job description

Role details, requirements and important context from the employer.

Location: Saudi Arabia (KSA)

Job Description:
MAS Group is hiring a Lead Cost Engineer to oversee cost control, budgeting, and forecasting for large-scale oil and gas projects. The role requires expertise in project cost management and financial analysis.

Key Responsibilities:
As per company policy, the main duties may include but are not limited to:
• Preparing project budgets and cost forecasts
• Monitoring expenditures and ensuring compliance with approved budgets
• Providing cost reports and analysis to project managers
• Identifying cost-saving opportunities and efficiencies
• Supervising junior cost engineers and finance staff

Requirements:
• Bachelor’s degree in Engineering, Finance, or related field
• Minimum 10 years’ cost engineering experience in oil and gas projects
• Strong analytical and financial management skills
• Medical fitness certificate
• Excellent English communication skills
• Nationality must be mentioned in the CV

Employment Details:
• Contract Duration: Long-term project-based assignment
• Salary: Competitive, commensurate with experience
• Benefits: Accommodation, meals, transportation, and flights provided

Application Process:
Qualified candidates are invited to send their CV and credentials to MAS Group.
Please indicate the position applied for in the subject line: “Application – Lead Cost Engineer – KSA Project”.

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