Title: Maintenance Cost Engineer
Aramco energizes the world economy.
Aramco occupies a unique position in the global energy industry. We are the world's largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer.
With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco’s value to society.
Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations’ spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.
We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.
Overview
We are seeking an experienced Maintenance Cost Engineer to join our Maintenance Solutions Department (MSD) within our Global Manufacturing Excellence Organization.
MSD is responsible for providing maintenance technical consultations, towards best-in-class maintenance organization through conducting selective maintenance assessments, turnaround assurances and deploying cutting-edge technologies and best practice across Global Manufacturing portfolio.
Your primary role will be instrumental in establishing maintenance budgeting processes, cost monitoring guidelines, and conducting maintenance spend analysis studies to optimize costs while ensuring asset reliability and performance within our oil & gas operations.
Key Responsibilities
As the successful candidate you will be required to perform the following:
- Lead the development and implementation of comprehensive maintenance budgeting processes
- Develop maintenance cost monitoring guidelines and procedures
- Establish and monitor KPIs for maintenance cost tracking
- Lead the analysis of maintenance spending patterns and cost drivers
- Implement cost optimization strategies across maintenance activities
- Provide strategic recommendations for optimizing maintenance costs
- Lead comprehensive maintenance spend analysis studies across different cost streams (labor, materials, services, equipment)
- Develop and implement analysis methodologies for identifying cost optimization opportunities
- Conduct detailed analysis of maintenance cost drivers and root causes
- Create implementation roadmaps for cost optimization initiatives
- Identify existing and needed digital tools and analytics to support the assessments
Minimum Requirements
As a successful candidate you will hold a:
- Bachelor's degree in Engineering.
- 10+ years of experience in maintenance cost management within the oil & gas industry
- Demonstrated experience in developing and implementing maintenance budgeting processes
- Strong background in conducting maintenance spend analysis studies
- Proven track record in identifying and implementing cost optimization initiatives
- Experience with maintenance management systems and cost analysis tools
- Strong analytical skills with proficiency in data analysis and visualization tools such as Alteryx and power BI
- Knowledge of industry standards and benchmarks for maintenance costs
- Proficiency in Computerized Maintenance Management Systems (CMMS) systems and advanced analytics platforms
- Strong communication skills with ability to present complex financial data to various stakeholders
- Demonstrate strong analytical & problem-solving skills
Working environment
Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.
At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world’s biggest technical, logistical and environmental challenges, we invest heavily in talent development.
We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs – one of the largest in the world.