Planning and Cost Control Engineer Job at CNOOC Uganda

Planning and Cost Control Engineer Job

Work Hours: Full-time, 08 hours per day

Salary: Attractive

Job Deadline: 29 August 2025

Number of Jobs: 01

Hiring Entity: CNOOC Uganda

CNOOC Uganda

Location: In Uganda

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