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10 Sep 2025

Cost Control Engineer at CNOOC Uganda

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Job 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

 

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Method of Application

Submit your CV and Application on Company Website : Click Here

Closing Date : 25th September, 2025




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