Cost Estimator

Req Id:  11142
Job Family:  Business Acquisition

Monaco, MC



Energy is a fundamental basic need of our society. Fossil fuels, including oil, are an essential source of energy and will remain so until renewable energies have the capacity to meet the growing demand for energy.

Nearly 5,000 SBMers globally are proud to design, build and operate floating facilities that produce more than 1% of the world’s oil. We do it in the safest, most affordable, and most sustainable way. And we continuously strive to reduce emissions, in line with our emissionZEROTM program.

As a leader in floating technologies for the oil and gas industry, we recognize the significant importance of climate change and the growing need for renewable energy. We invest in products and services that enable the transition towards renewable energy, with a focus on Floating Offshore Wind, Wave Energy, and Carbon Capture and Storage. In addition, we also develop Smart Digital Services to improve and support everything we do.

Oceans play a central role in producing the energy of today and of tomorrow. We work together with the world’s leading energy companies to make that happen. We act responsibly and ethically so that communities where we operate benefit from our presence and activities.

We are committed to sharing our experience to deliver safe, sustainable, and affordable energy from the oceans for generations to come.

We are Energy. Committed.


Job description:

+ As Cost Estimator, you are accountable to deliver in due time, the most accurate cost estimate for a defined scope. You will ensure to give the best cost view for a given system, which will allow the most accurate and efficient financial tracking during the project execution phase. When applicable, you are responsible to supervise Cost Estimators on a proposal.

In order to assure the accuracy of the estimation for a defined scope, you are to:

1.1. Collect cost and technical data towards numerous stakeholders (ie: Engineering,

Construction, Finance, Tax…)

1.2. Challenge the technical elements to ensure their consistency in regards to the defined


1.3. Ensure the accuracy of the data in regards to benchmarks

1.4. Ensure exhaustiveness of the cost estimate

The measure of your effectiveness in this will be:

 Minimum costs missing and minimum errors in the estimation

2. In order to develop the cost estimating activity, you are to:

2.1. Analyse previous projects and lessons learnt, pro-actively interacting with Cost Engineers

and Cost Controllers

2.2. Propose and lead, in specific areas, the development of estimation tools, benchmarks,

norms to improve quality of the future estimation

2.3. Maintain departmental cost databases on main network

The measure of your effectiveness in this will be that:

 Benchmarks are most up-to-date

 Benchmarks are consistent with SBM references

3. In order to ensure accurate cost control during the execution phase by the Finance team, you

are to:

3.1. Generate and maintain all the required documentation, back up and estimation basis to

explain the cost estimate to the Cost Engineers

The measure of your effectiveness in this will be:

 Overall good understanding of the estimation by Cost Engineer

 Required documentation dully conveyed to Cost Engineers

4. (When applicable) In order to have a highly efficient and successful team to support the

Project, you are to:

4.1. Understand the required competencies and resources to deliver the cost estimate for the


4.2. Coordinate and supervise the Cost Estimating team by providing appropriate guidance

and direction


Job requirements:


Behaviours & inter-personal skills:

  • Good communication skills
  • Main qualities required:  
  • Analytic mind, ability to quickly, compare and interpret data.  
  • Thoroughness and accuracy.
  • Results oriented.





SBM Offshore N.V. is a listed holding company that is headquartered in Amsterdam. It holds direct and indirect interests in other companies that collectively with SBM Offshore N.V. form the SBM Offshore Group (“the Company”). For further information, please visit our website at The companies in which SBM Offshore N.V., directly and indirectly, owns investments are separate entities.


SBM Offshore is proud to be an Equal Employment Opportunity and Affirmative Action employer. SBM Offshore does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by appropriate law.  All employment is decided on the basis of qualifications, merit, and business need.