Seplat Energy Plc Recent Job Recruitment – Apply Now!

Posted on :

4 Oct, 2022

Category :

Engineering Jobs in Nigeria

Seplat Energy Plc is a leading indigenous Nigerian oil and gas exploration and production company with a strategic focus on Nigeria, listed on the Main Market of the London Stock Exchange (“LSE”) (LSE:SEPL) and Premium Board of the Nigerian Stock Exchange (“NSE”) (NSE:SEPLAT).

Seplat Energy is pursuing a Nigeria focused growth strategy and is well-positioned to participate in future divestment programmes by the international oil companies, farm-in opportunities and future licensing rounds. We are leading Nigeria’s energy transition towards cleaner, more reliable energy that is accessible to all. We are recruiting to fill the position below:





Job Title: Senior Cost Engineer
Location: Lagos
Employment Type: Full-time – Mid-Senior level


  • To provide a complete suite of cost engineering services and financial support for projects involving development of cost management models, preparation and/or review and endorsement cost estimates of different levels of accuracy and control services throughout the project lifecycle for value optimization.


  • Develop the project cost management strategy, plans and procedures. Implement project-wide cost measurement and reporting systems, including roll-up levels and a reporting cycle calendar.
  • Identify and evaluate new technologies, cost models and tools for estimating CAPEX & OPEX costs and, if appropriate, progress and manage use in current assets and in new projects under development. Review existing cost systems and methods and recommend actions to correct deficiencies.
  • Coordinate the development and implementation of work breakdown structure (WBS) / cost breakdown structure (CBS) in concert with the Planning/Scheduling Engineer.
  • Collect and compile progress and cost data, and develop cost-control worksheets and reports for review by delivery teams;
  • Provide cost estimating expertise, procedures and review capabilities, including cost estimating and risk, uncertainty and sensitivity analyses.
  • Review financial data related to accruals, invoice payments, purchase orders and material deliveries and other financial data;
  • Coordinate and develop project annual-spend projections, cost reconciliations and variance analyses;
  • Work with the PMT and accounting function to ensure adequate financial controls including preparation of AFE.
  • Support Asset Owners and PMT with cost estimates during budgeting and performance activity with JV. Develop and issue various reports to appropriate stakeholders.
  • Perform complete analyses and cost validations using internal and external benchmarking data, historical indices, and component benchmarking.
  • Coordinate and develop appropriate control budgets consistent with project estimate and WBS / CBS.
  • Mentor & support the review of the estimates prepared by other cost estimators from SCM to ensure accuracy, completeness, and compliance with scope of work.

Minimum Qualification:
Educational Background:

  • Technical graduate, membership of a professional body of Cost Engineers desirable.

Industry experience:

  • Minimum of 10 years’ experience in an E&P major projects environment.
  • Minimum of 8 years’ experience in Cost Estimating


  • Extensive experience of EPC contract management.
  • Working knowledge of a broad range of Cost Estimating Systems, Tools and Practices.
  • Strong communications skills (i.e. report writing and presentation) are essential.
  • Good inter-personal and leadership skills.

To Apply:
Interested and qualified candidates should:
Click here to apply online

Application Deadline:
Not Specified.


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