Summary
Zeeco provides combustion and environmental solutions for the oil and gas, refining, petrochemical, and power industries. The Estimation Engineer prepares commercial project estimates by assessing scope, quantities, supplier quotations, fabrication and engineering hours, and construction costs. The role also develops scope-based budgets, cost databases, and cost optimization analyses, and coordinates with engineering, procurement, manufacturing, construction, and finance teams. Applicants should know oil and gas equipment, design codes and material specifications, project documents such as P&IDs, and cost drivers.
The posting
As published on zeeco.com. Pulled from the employer's site and shown as they wrote it.
About Zeeco:
Zeeco is a global leader in advanced combustion and environmental solutions. With a strong presence in the oil & gas, refining, petrochemical, and power industries, we are recognized for delivering reliable, efficient, and clean technologies. Zeeco India supports global projects with engineering and documentation excellence.
Responsibilities
- Preparation and floating enquiry for Bough out items to various Vendors and evaluation of their quotes
- Evaluate quotations and getting clarifications with respect to project requirements
- Coordination with purchase team for fabrication rates.
- Discussion with manufacturing team for evaluating the Shop Man Hours.
- Discussion with engineering team to arrive at engineering man hours
- Coordination with Construction team for evaluation of erection cost and Modularization assembly charges (For Export bids)
- Analysing the scope of project and complexity involved for evaluating the Project and Engineering Man Hours
- Preparation of cost optimization points, take off and add on calculations.
- Final Preparation of commercial estimates for customers by optimally utilizing resources at the Head Office and coordinating with various departments like Proposals, E&I, Detail Engineering, Construction team, Purchase, Logistics, Finance
- Participation in Order Transfer Meeting during receipt of order
- Preparation of Scope (WBS) Wise Budget and releasing in the system.
- Supporting with Project / Procurement team at post order stage for providing Budget Basis and evaluation of those BO items.
- Participation in Cost Review Meeting during execution phase with Projects / Finance / Marketing / Planning / Procurement
- Checking of raw material price / steel Price Trend and availability in local market during regular intervals.
- Reviewing the raw material Rate contracts and preparing the comparison schedule.
- Preparation of cost database for various Bought out items.
- Analyse about the cost overrun / savings and its impact on project.
Requirements
- Knowledge about Oil & Gas products and equipments
- Knolwedge about design codes and material specification such as ASTM, EN, Piping standards
- Review project specification, P& ID, formulate Bill of Quantity and identify key cost drivers
- Review of vendor proposals, technical and commercial clarifications and cost reduction methods
- Financial instruments and its implication on input cost, project cash flow working and payment terms
- Internal review with engineering regarding optimization of bill of quantity and manufacturing regarding man hour optimization
- Identify risk involved and mitigation process
Why Join Us?
At Zeeco, you won’t just be part of a project—you’ll be part of something bigger. This role gives you the chance to work on global engineering projects, sharpen your technical skills, and collaborate with some of the brightest minds in the industry.
If you’re looking to grow fast, take on exciting challenges, and build a career in an environment that values innovation and teamwork, Zeeco is the place for you. Come be a part of shaping cleaner, smarter solutions for industries worldwide.