Cost Engineer

Job Title

Cost Engineer

Work Schedule

Sunday – Thursday 8:30 – 17:00

Department

Cost Control

Work Location

HKN Operational Areas within Iraq

Reports to

Cost Control Team

Start Date

A soon as possible

Subordinates

Not Applicable

Application Deadline

October 31, 2026

Contract Type

Open Contract

Other details

Three months’ probation

About Us:

HKN Energy Ltd. is a privately held, independent energy company with oil exploration and production operations in the Kurdistan Region of Iraq (KRI).

HKN Energy is focused on increasing production of its Sarsang Block, located in the prolific Zagros fold, and thrust belt of Northern Kurdistan. We have a highly experienced, diverse team with work experience in over 80 different countries. HKN Energy is committed to building a company culture that is guided by its Core Values of Integrity, Respect, Excellence, Commitment, and Teamwork.

Position Summary

The Cost Engineer will be responsible to support all areas of cost management for Syria Asset across multiple departments (Projects & Engineering, Production Operation, Drilling and Well services) as well as other departments within the HKN business.

Main Duties & Responsibilities

Core Competencies:

• Able to work effectively as part of a team and able to work independently with minimal guidance.
• Takes a proactive approach to problem solving.
• Able to take responsibility and manage tasks through to completion.
• Able to work with several simultaneous activities, prioritising as necessary.

Responsibilities:

• Preparation of project cost estimates, including the maintenance of a historical cost database for reference in building up budgetary cost estimates.
• Prepare cost estimates for review/approval by the Assets Cost Manager and operational leadership.
• Track and report on incurred project cost and overall cost performance.
• Work with the finance team to ensure correct cost allocation.
• Support the Assets Cost Manager with the broader team requirements in all aspects as per the HKN Energy project execution strategy and operational standards.
• Monthly reforecasting for Facilities CAPEX and production OPEX and Drilling and Well Services.
• Work with Projects and Engineering team and Operation and maintenance team and Drilling team to prepare the VOWD report and monthly accruals.
• Monitor and control the cost impact of variation orders and change requests, ensuring changes are properly evaluated, approved, and reflected in the project cost baseline.
• Perform cost risk analysis and maintain contingency estimates to support informed budget decision-making.

Knowledge & Skills Required:

• A good understanding of cost estimate classifications.
• A good understanding of the key components of Engineering Projects which can be applied to the cost management function.
• Familiar with AACE International Recommended Practices
• Strong proficiency in all Microsoft applications, particularly Excel.
• Demonstrates a high attention to detail.
• Demonstrates Excellent overall communication skills.

Minimum Qualifications

Education and Qualifications Expected / Required:

• Bachelor’s degree in an engineering discipline.
• CCP certificate by AACE would be a significant benefit – not required.
• PMP certification would be a significant benefit – not required.

Experience Expected / Required:

• A minimum of 6 years' experience as a cost engineer or in a similar role.
• 8 - 10 years' experience working within Oil and Gas environment.

Other Relevant Competency Requirements:

• Excellent communication skills - Written and spoken.
• Working proficiency in English sufficient to prepare reports and correspond with international stakeholders.
• Excellent Team member characteristics.
• Excellent English language skills, both spoken and written.
• Broad understanding of oil and gas project engineering stages.
• A strong willingness to learn and develop within the role.
• Ability to work on several issues simultaneously.
• Good analytical skills.
• Ability to work independently with little supervision.