Chevron Cost Engineer Job in Bengaluru, India
Job Description
Summary
Chevron ENGINE (Engineering and Innovation Excellence Center) in Bengaluru, India, is seeking a skilled Cost Engineer to join its Projects & Engineering team. This Chevron Cost Engineer role focuses on capital project cost management, including estimation, budgeting, cost tracking, and financial reporting for upstream and downstream projects. Ideal candidates have hands-on experience in cost engineering, project controls, schedule forecasting, and capital project execution. This role offers an opportunity to contribute to innovative energy solutions while advancing your career within a globally recognized energy company.
Job Details at a Glance
| Job Title | Cost Engineer |
|---|---|
| Company | Chevron ENGINE, Bengaluru, India |
| Location | Bengaluru, Karnataka, India |
| Job Type | Full-Time |
| Shift | 8:00 AM – 5:00 PM or 1:30 PM – 10:30 PM |
| Experience | 5–10 Years |
| Education | B.E./B.Tech in Mechanical, Chemical, or Materials Engineering |
| Industry | Energy, Oil & Gas, Capital Project Management |
| Tools/Software | Cost Control Systems, Project Management Systems, CPMS |
Key Responsibilities
As a Chevron Cost Engineer, you will:
- Develop and maintain Work Breakdown Structures (WBS) and Cost Breakdown Structures (CBS) for project budgeting, cost control, planning, and forecasting.
- Prepare project control plans, cost estimates, and schedules in accordance with the Chevron Cost Engineering Handbook and Capital Projects Management System (CPMS).
- Administer and configure cost control systems ensuring seamless interfaces with accounting and procurement.
- Track project progress, analyze earned value, and report deviations to ensure projects stay within financial targets.
- Prepare monthly cost and schedule status reports for projects.
- Implement Cost Management of Change (CMOC) processes and manage changes for approved budgets.
- Support risk management processes, including evaluating contingencies and establishing contingency drawdown strategies.
- Perform project lookbacks to identify lessons learned and ensure continuous improvement.
- Collaborate with cross-functional teams to optimize cost engineering practices and methodologies.
Required Skills & Competencies
- Expertise in cost estimation, project controls, and financial reporting for capital projects.
- Knowledge of refinery, LNG process technologies, and complex process facilities is a plus.
- Strong understanding of capital project execution and project management systems.
- Ability to develop budget forecasts, cost tracking reports, and project dashboards.
- Analytical, detail-oriented, and proactive in identifying and solving project cost issues.
- Excellent collaboration and communication skills to engage with multidisciplinary teams.
- Familiarity with industry trends, best practices, and planning & scheduling techniques.
Qualifications
- Bachelor’s degree in Mechanical, Chemical, or Materials Engineering (B.E./B.Tech.) from a recognized AICTE university.
- 5–10 years of relevant experience in cost engineering within refineries, LNG, or complex process facilities.
- Proven track record in cost estimation, budgeting, project controls, and risk management.
- Experience in asset integrity or reliability engineering is preferred.
Why Work at Chevron ENGINE
- Contribute to world-class energy projects and cutting-edge technological solutions.
- Advance your career in an inclusive, collaborative, and innovation-driven workplace.
- Access mentorship, structured learning, and professional growth opportunities.
- Work in digitally enabled environments supporting productivity, focus, and innovation.
- Enjoy comprehensive benefits supporting health, well-being, and work-life balance.
- Engage with emerging technologies shaping the future of the energy sector.
Apply Now
Join Chevron ENGINE as a Cost Engineer in Bengaluru, India and take part in transforming energy solutions globally. Click the Chevron Careers Page to submit your application today.