Well Cost Control Consultant at Benel Energy Resources Limited

Benel Energy is a knowledge driven organisation that provides technical and innovative solutions to the oil and gas industry in the Gulf of Guinea.with vast experience in the oil and gas upstream operations.

We are recruiting to fill the position below:

Job Title: Well Cost Control Consultant

Location: Port Harcourt, Rivers
Employment Type: Part-time

Position Overview

• We are seeking a highly skilled Well Cost Control Consultant to join our team.
• The ideal candidate will play a crucial role in managing and optimizing the financial aspects of our well operations.
• This position offers the opportunity to work in a dynamic environment and contribute to the success of our projects.

Key Responsibilities

• Develop and maintain comprehensive cost control procedures for well operations, ensuring adherence to budgetary constraints and financial targets.
• Perform cost analysis for drilling operations, including well construction, equipment rental, personnel expenses, and other related costs.
• Collaborate with project managers, engineers, and procurement teams to accurately forecast costs and identify potential cost-saving opportunities.
• Monitor expenditures throughout the project lifecycle, analyzing variances and implementing corrective actions as necessary.
• Review contracts, invoices, and vendor agreements to verify accuracy and compliance with contractual terms.
• Prepare regular reports and presentations on cost performance, providing insights and recommendations to management.
• Conduct periodic audits to ensure compliance with company policies, industry regulations, and best practices.
• Participate in project planning and risk assessment activities, contributing expertise in cost estimation and budget forecasting.
• Stay updated on industry trends, market conditions, and emerging technologies to enhance cost control strategies and improve efficiency.

Requirements

• Bachelor's Degree in Finance, Accounting, Engineering, or related field; Master's degree preferred.
• 8 - 10 years proven experience in cost control, financial analysis, or project management within the oil and gas industry.
• In-depth knowledge of well construction processes, drilling operations, and associated costs.
• Proficiency in cost estimation techniques, budgeting tools, and financial modeling software.
• Strong analytical skills with the ability to interpret complex data and identify key trends.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively across multidisciplinary teams.
• Detail-oriented approach with a focus on accuracy and precision.

Application Closing Date
24th May, 2024.