Cost Control Engineer

at CNOOC Uganda Limited (CNOOC)
Location Kampala, Uganda
Date Posted September 8, 2025
Category Engineering
Job Type Full-time
Currency UGX

Description

JOB DETAILS:

    • Responsible for production operation-related planning, cost control, and budget forecasting.
    • Assist the Planning and Cost Control Supervisor in production operation planning, cost monitoring, and providing timely reports to ensure cost efficiency and compliance with corporate objectives.

Responsibilities:

    • Coordinate with Tilenga and EACOP to share production and lifting schedules, prepare oil production plans, and manage expense allocations.
    • Prepare and oversee production and operations plans, ensuring timely and effective implementation.
    • Collaborate with partners and service contractors on production planning and cost control matters.
    • Coordinate vendor activities, including materials mobilization/demobilization, cheque acceptance, and payment processing upon work completion.
    • Monitor and control OPEX and CAPEX to ensure cost efficiency and budget compliance.
    • Proactively identify potential cost-impacting issues, conduct cost risk analyses, and develop mitigation strategies.
    • Develop and maintain annual budget cost estimates for inclusion in the Annual Work Program.
    • Lead production-related budget preparation, submission, monitoring, and performance tracking.
    • Maintain accurate production cost records and a robust expense filing system/database.
    • Gather and analyse production data; compile and submit reports to CNOOC HQ, partners, stakeholders, and regulatory authorities.
    • Support routine audits of production-related costs, ensuring accurate documentation and compliance.
    • Ensure all planning and cost control activities comply with company policies, HSE standards, and industry regulations.
    • Perform other related duties as assigned by the supervisor.

Requirements 

  • Bachelor’s degree in Petroleum engineering, Finance / Accounting, or related.
  • At least 4 years of related working experience, preferably in the oil and gas industry.
  • Planning and cost control working experience is a prerequisite.

Knowledge 

  • Knowledge of cost control and related regulations.
  • Deep understanding of Petroleum contracts and the oil production process.
  • Deep understanding of OPEX and CAPEX budgeting and forecasting processes.
  • Deep understanding of oil & gas project lifecycles (FEED, EPC, commissioning)
  • Good knowledge of the relevant Planning Control Software. (MS Project Oracle Primavera P6, MS Excel, Power BI)
  • Strong analytical and risk-based decision-making skills
  • Understanding of Ugandan regulatory frameworks and permitting processes
Drop files here browse files ...
WARNING: Do not to pay any money to get a job. Please report fraudulent jobs to info@everjobs.ug