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Cost Engineer
full-timeBengaluru

Summary

Location

Bengaluru

Type

full-time

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About this role

Total Number of Openings

1

Cost Engineer

The Chevron Engineering and Innovation Excellence Center (ENGINE) in Bengaluru India brings together the resources and expertise of the Chevron global network with talent in India to enhance agility and technological innovation to optimize solutions for the world’s current and future energy challenges.  As one of the leading energy providers worldwide, Chevron is involved in the production of crude oil and natural gas, manufacturing of transportation fuels, lubricants, petrochemicals, and additives, and the development of enabling technologies.

Chevron's vision is to be the global energy company most admired for its people, partnerships, and performance. With a clear purpose to develop affordable, reliable, ever-cleaner energy that enables human progress, we believe human ingenuity has the power to solve any challenge and overcome any obstacle. Meeting the world’s growing energy needs requires the pursuit of innovations and advancements that deliver a better future for all.

About the position

Chevron ENGINE has an exciting opportunity for a Cost Engineer to join the projects & engineering team. Reporting to the Cost Engineering Lead, this role will be based in Chevron’s office in Bengaluru.

Chevron ENGINE supports global operations, and work hours are aligned to business needs. Standard working hours are 8:00 AM to 5:00 PM or 1:30 PM to 10:30 PM, Monday to Friday. These may evolve based on operational or business requirements.

Key responsibilities

The Cost Engineer is part of the Engineering Services organization within the Chevron ENGINE Center and is responsible for performing cost management activities on a capital project or portfolios of upstream and downstream projects.  This includes cost estimation, budget development, cost tracking, and financial reporting to ensure projects are completed within budget and financial targets are met.

  • Participate in developing Work Breakdown Structures (WBS) and Cost Breakdown Structures as the basis for project budgeting, cost controls, planning, scheduling, and forecasting.

  • Assist in the development of project controls plans, cost estimates, and schedules as required by the Chevron Cost Engineering Handbook and Capital Projects Management System (CPMS).

  • Support the development of documentation for project funding appropriation and business planning.

  • Configure, maintain, and administer cost control systems; ensure interfaces with accounting and procurement systems are accurate.

  • Track project progress, earned value, and deviations, and provide project performance analysis.

  • Develop monthly project cost and schedule status reports.

  • Implement Cost Management of Change (CMOC) process and procedures.

  • Manage and control project changes for approved budgets. Ensure changes are incorporated into project cost forecasts and schedules.

  • Support and participate in cost and schedule assurance process and risk management process.

  • Evaluate contingency through risk analysis to establish appropriate contingency drawdown strategy.

  • Perform lookbacks to ensure continuous improvement.

About you

We know our greatest resource is the ingenuity, creativity and innovation of our people. Applications from motivated, talented individuals with a keen interest in the energy industry are encouraged.

To be considered for this role, applicants should have:

  • Bachelor’s degree in mechanical, chemical or materials engineering (B.E./B.Tech.) from a deemed/recognized (AICTE) university 

  • Minimum 5-10 years of cross-functional experience in a refinery or complex process facility 

  • Demonstrated technical experience in this discipline will be highly regarded 

  • Reliability Engineering or Asset integrity experience in a complex process facility is preferred 

  • Knowledge of refinery and LNG process technologies will be highly regarded is preferred 

  • Cost Engineering experience (estimating, scheduling, cost control, management of change, progress measurement and assessment, forecasting)

  • General understanding of capital project execution and project management systems.

  • Broad knowledge of industry, cost engineering trends and best practices, as well as planning and scheduling.

What we can offer you

Everything we do at Chevron is guided by our values and our commitment to The Chevron Way

Have the opportunity to take part in world-leading energy projects, advance your professional development and expand your career within an inclusive and collaborative workplace.

  • Join a workplace where innovation, collaboration and safety are at the core of how we work.

  • Work in thoughtfully designed environments that support focus, well-being, and innovation enhanced by digital tools that enable seamless collaboration.

  • Grow through structured learning, mentorship, and opportunities to contribute to impactful projects that align with Chevron’s values and business priorities.

  • Access comprehensive benefits that support your health, well-being, and work-life balance.

  • Engage with emerging technologies and digital solutions that are shaping the future of energy and enterprise.

Diversity, equity & inclusion statement

Chevron values inclusivity and promotes a workplace that seeks to welcome contributions from all people. We encourage people of all abilities, genders, cultures, and backgrounds to apply.

Chevron is committed to building a safe and respectful workplace where everyone is valued for their contribution to our energy future.

Chevron participates in E-Verify in certain locations as required by law.

Chevron regrets that it is unable to sponsor employment Visas or consider individuals on time-limited Visa status for this position. 

Privacy and Terms and Conditions

We respect the privacy of candidates for employment. This Privacy Notice sets forth how we will use the information we obtain when you apply for a position through this career site. If you do not consent to the terms of this Privacy Notice, please do not submit information to us.

Please access the Global Application Statements, select the country where you are applying for employment. By applying, you acknowledge that you have read and agree to the country specific statement.

Terms of Use

“ENGINE” refers to the Chevron Engineering and Innovation Excellence Center, which operates under Chevron Global Technology and Services Private Limited, an affiliate of Chevron Corporation. References to ENGINE in this document are for convenience only and do not denote a separate legal entity.

This job advertisement is intended to provide a general overview of the role and workplace environment. Role details and outcomes may vary based on business needs and individual performance.

Chevron participates in E-Verify in certain locations as required by law.

Other facts

Tech stack
Cost Management,Cost Estimation,Budget Development,Cost Tracking,Financial Reporting,Work Breakdown Structures,Cost Control,Project Controls Plans,Risk Management,Contingency Analysis,Continuous Improvement,Project Performance Analysis,Change Management,Scheduling,Forecasting,Refinery Process Technologies

About Chevron

Chevron Holdings Inc. (CHI) is a pioneer and leading multi-function Shared Services Center in the Philippines located in Makati City. With a workforce of more than 1,000, CHI delivers business services and solutions in areas such as finance, human resources, procurement, marketing support and information technology.

There are two Chevron companies operating in the Philippines: Chevron Holdings Incorporated (CHI) and Chevron Philippines Incorporated (CPI).  

CHI is a shared services center providing transactional, processing, and consulting services in the areas of finance and accounting, information technology, supply chain management, human resources, downstream customer service and marketing. Established in 1998, CHI serves Chevron affiliates in six continents around the world. Over the years, it has grown to be one of the leading members of the shared services industry in the Philippines. 

CHI has received various recognitions as a top employer: the 2022 Diversity Company of the Year, 2021 Asia’s Best Employer Brand Award; 2021 Global Best Employer Brand Award; 2020 HR Asia Best Companies to Work for in Asia; 2019 Circle of Excellence, Top Employer Category at Asia CEO Awards and the 2018 Wellness Company of the Year at the same Asia CEO Awards.   

CPI markets the Caltex brand of top-quality fuels, lubricants and petroleum products through a network of service stations, terminals and sales offices. 

At Chevron, we are committed to fostering diversity and inclusion at all levels of our company and at all stages of the employee experience. We constantly strive to attract, develop and retain diverse Filipino talent.  Globally, Chevron Corporation has achieved a rating of 100 percent in the Human Rights Campaign Equality Index for the past 17 years. The Index ranks American companies based on their commitment to equality in the workplace.

Team size: 1,001-5,000 employees
LinkedIn: Visit
Industry: Oil and Gas
Founding Year: 1998

What you'll do

  • The Cost Engineer will perform cost management activities on capital projects, including cost estimation, budget development, and financial reporting. They will also track project progress and implement cost management processes to ensure projects meet financial targets.

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Frequently Asked Questions

What does a Cost Engineer do at Chevron?

As a Cost Engineer at Chevron, you will: the Cost Engineer will perform cost management activities on capital projects, including cost estimation, budget development, and financial reporting. They will also track project progress and implement cost management processes to ensure projects meet financial targets..

Why join Chevron as a Cost Engineer?

Chevron is a leading Oil and Gas company.

Is the Cost Engineer position at Chevron remote?

The Cost Engineer position at Chevron is based in Bengaluru, India. Contact the company through Clera for specific work arrangement details.

How do I apply for the Cost Engineer position at Chevron?

You can apply for the Cost Engineer position at Chevron directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Chevron on their website.