Principal Offshore Cost Estimator

Wood

Offshore Principal Cost Estimator supporting Process & Chemicals Team in multiple UK locations. Role involves estimating for upstream oil and gas asset developments.

Posted 7/1/2026part-timeStaines-Upon-Thames • 🇬🇧 United KingdomLeadWebsite

About the role

Key responsibilities & impact

This is a fantastic role for the candidate who brings strong estimating experience within an O&G project environment.
The candidate will be responsible, as and when required, for the Estimating of complete projects of all classes by application of recognised norms and databases, including Wood internal procedures.
This Principal Offshore Cost Estimator role covers Upstream developments, supporting operators and investors in the development, optimisation, and life extension of offshore oil and gas assets, from concept selection through to execution and operations.
Complementing this, we selectively support decarbonisation initiatives where they directly enhance offshore asset performance and emissions intensity.

Requirements

What you’ll need

Degree or HNC/D in Engineering Discipline or in appropriate discipline would be preferable
Experience of all accuracies of Estimates (conceptual/feasibility, Pre-FEED, FEED and EPC projects)
Understanding of and ability to quantify and price all elements of Cost Estimates and impacts on overall CAPEX/TIC
Experience and confidence in presentations to management, stakeholders & clients
Knowledge of all estimating techniques - Familiarity with AACE Estimating classifications
Familiarity with Contingency and Risk Analysis methods e.g. Monte Carlo, @Risk

Benefits

Comp & perks

A caring team culture; we support each other professionally and personally, encouraging knowledge sharing across all areas of the business
Meaningful and interesting projects delivered to leaders of industry across the upstream sector, supporting our clients with sustainability and decarbonisation
Flexible working arrangements that balance client, team and individual needs offering hybrid and remote working where relevant
Commitment to Diversity and Inclusion; we are an organisation actively committed to diversity and inclusion across our business
Competitive renumeration package with regular reviews to ensure we are rewarding at the right level in line with the market
Flexible benefits package that can be adapted to suit your own lifestyle
Commitment to continued professional development; development plans that are tailored to your individual needs and interests
Global connections; join experts around the world who are at the leading edge of our industry, shaping the standards of our profession
Energy Transition Academy; join a community of experts sharing your knowledge and gaining more exposure to a variety of existing and emerging energy systems – delivered by experts in their field

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Hard Skills & Tools

Estimating ExperienceCost Estimate QuantificationAACE Estimating ClassificationsConceptual EstimatesFeasibility EstimatesPre-FEED EstimatesFEED EstimatesEPC ProjectsContingency AnalysisMonte Carlo Analysis

Soft Skills

Presentation SkillsStakeholder EngagementClient Communication