Hobark International Limited (HIL) is Recruiting for a New Position

Posted on :

4 Apr, 2018

Category :

Oil & Gas Jobs in Nigeria

Hobark International Limited (HIL) is the parent company of the Hobark group operating in the oil and gas industry. The company was incorporated in 1998, starting as a staffing agency based in Port Harcourt. Currently we have offices in 4 countries with our head office in Lagos.

We are recruiting to fill the vacant position below:

Job Title: Senior Cost Estimator
Req ID:

Job Description

  • Develop project cost estimate for all of the project development phases
  • Develop basis of estimate (BoE) for each estimate developed
  • Develop Class 0 (+50%/-30%), 1 (+40%/-25%), 2 (+25%/-15%) and class 3 (+15%/-10%) using best industry practises and principles
  • All estimate must consider direct costs, indirect costs, growth allowance, contingencies and escalation & exchange rates
  • Use of QUE$TOR for the development of early phase concept cost estimates
  • Carry out cost risk analysis through @Risk to simulate the overall cost of the project
  • Prepare budget presentations for the various stage gates of the Company DMS system
  • Develop cash flow profiles for each WBS minor tasks based on the output of the project estimate
  • Maintain a system for storage and retrieval of Facilities departmental estimates and risk documents.
  • Establish and maintain close interface liaison with assigned stakeholders.
  • Develop and prepare an agreed standard format and template for all estimates
  • All estimates will be structured based on the Company WBS/CBS
  • Provide advice and recommendations on options for cost optimisation based on own experience and industry trends


  • University degree in engineering or relevant technical discipline.
  • Membership of a relevant Professional
  • Institution preferred but not essential.
  • Minimum 15+ years’ experience as a senior project cost estimator with international oil and gas IOCs. Ideally with contractor experience.
  • Expert at using QUE$TOR
  • Expert at using @Risk Monte Carlo simulator
  • Planning & scheduling with Primavera & MS Project
  • Familiar with the preparation of management presentations
  • To have international experience
  • To be conversant with all aspects of project life cycle including decommissioning
  • To be conversant with pricing norms & benchmarking in Africa & Nigeria

Primary Skills:

  • Cost performance engineer, Cost Estimator, HSE, BSc, Oil & Gas, Operations, Production

Application Closing Date
Not Specified.