Summary
Overview
Work History
Education
Skills
Languages
Roles And Responsibilities
Projects Handled
Personal Information
Mobile Numbers
Timeline
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Satish Kumar

Abu Dhabi

Summary

18+ years of seasoned Cost estimate Specialist focused on more realistic all AACE class cost estimate preparation through effective understanding of scope of work and adopting AACE and company guidelines for cost estimation of Upstream, Midstream, Downstream, Offshore, Onshore Projects. Provide cost estimate solution from concept to execution. Single handled cost estimate for all discipline for small to multi billion Projects.

Overview

19
19
years of professional experience

Work History

Cost estimate specialist

ADNOC (PMC, Wood Payroll)
03.2024 - Current

Assistant General Manager Cost Estimation

Engineers India Limited
07.2023 - 02.2024

Sr Manager estimator

Engineers India Limited
11.2006 - 06.2023

Application Developer

IBM
06.2006 - 11.2006

Education

M.Tech - Energy Studies

Indian Institute of Technology-Delhi

B.Sc Engg - Mechanical

BIT Sindri

Skills

  • Aspen tech cost estimation
  • @Risk
  • SAP MM S4HANA
  • MS 365
  • MS word
  • Excel
  • PowerPoint
  • PowerBI
  • Python
  • Machine learning
  • Artificial intelligence
  • FEED Cost estimate / EPC / EPCM Project

Languages

Hindi
English

Roles And Responsibilities

  • Cost estimator and project economist for ADNOC HQ assets management team for Upstream, Midstream, Infra, cavern storage Projects pertaining to future investment..
  • Concept to execution with all class (5 to 1) of AACE cost estimation.
  • Understand scope of work and identify cost element. Arrange more appropriate cost database, adopt suitable productivity, allowance, indirects , Develop capital cost estimate and economics .
  • Develop cost estimate for WHT, well head tie in, flowlines, gathering station, processing facilities (reception facilities, AGRU, SRU, NGL, CO2, export pipeline)
  • Arrange budgetary quotation from approved vendors
  • Participate in IPR review and give expert comments if any cost element is missing or cost/rate is not supported with documents as per guidelines
  • Participate in CESAR / Decision Support Package (DSP) review for cost estimate
  • Find synergy options and cost optimization
  • Conducting market research for industry trend, price trend, product price trend.
  • Develop various benchmarking along with cost estimate template for quick estimate and circulate in group companies for further use
  • Prepare financial planning with Cash flow, capex phasing and Project phasing.
  • Support during value engineering session.
  • Prepare risk register after session and utilize it for montecarlo simulation.
  • Review change order
  • Review and give comments for department document/guidelines (i.e. Provisional sum etc)
  • Responsible for all class 5,4,3,2,1 of cost estimate as per AACE, from ballpark estimate to execution as per company guidelines
  • Ensures accuracy, completeness, transparency, and consistency of cost reports. Mention assumptions and exclusion in cost estimate report
  • Prepare a waterfall chart for better explanation of cost variation
  • Join the constructability team for better understanding of the constraints and execution plan of project
  • Provide support in identifying, analyzing, and providing innovative solutions to cost estimating problems
  • Establish wage rates based on local government norms and productivity factors based on executed project
  • Develop project cost/price (Capital cost, capital expenditure and operating cost) for life cycle of project and work out economics
  • Develop cost estimate for all discipline mechanical, electrical, instrumentation, civil and structural
  • Develop Cost Control report with earned value, committed value, forecast price value, cost variance
  • Reviews the cost estimates, man-hour budgets, scope changes, and budget
  • Aspen cost estimate on requirement basis
  • Develop cost estimate for WHT, well head tie in, flowlines, gathering station, processing facilities (reception facilities, AGRU, SRU, NGL, CO2, export pipeline).
  • Arrange budgetary quotation from approved vendors.
  • Develop various benchmarking along with cost estimate template for quick estimate and circulate in group companies for further use.
  • Review change order. Give expert advice on cost saving.


Projects Handled

  • Lower Zakhum LTDP 550 MBD Project, Artificial island (1.3 x 0.6 Km), Well head Tower, Offshore Pipelines, processing facilities at Das island, Accommodation facilities., Accuracy ±40%, Cost: More than 1 Billion USD,
  • SARB Deep Gas Project, Various option studies. Offshore Pipeline 70Km, Well head Tower, Ullage utilization at Das Island., Accuracy ± 40%, Cost: less than 1 Billion USD,
  • New Pipeline Project, Offshore and onshore pipeline Das to Jabel dhanna to Fujiaraha 300 Km., Accuracy ± 40%,
  • Mandous Cavern Project Phase-2, 25 Million barrel capacity. Aboveground, belowground, associated offshore part (SPM) cost estimate., Accuracy ±15%, Cost: more than 1 Billion USD,
  • Shah, 1.45 to 1.85 BSCFD. SRU, Acid gas removal Unit, Gas dehydration Unit etc., More than 1 Billion USD, Accuracy 15%,
  • Buhasa Shuaiba Enhanced Oil Recovery Project, Various Well head Tie in, Transmission Line, CO2 Plant, Overhead Transmission Line., More than 1 Billion USD, Accuracy ±30%,
  • Habshan Buhasa Road Project, 70 Km, width 12m., less than 1 Billion USD, Accuracy:±15%,
  • Bab Gas storage Facility, Option study. Cost estimate for various Ties in, Ullage utilization, upgradation of existing facilities., more than 1 Billion USD, Accuracy: ±40%,
  • Arzanah island Oil production, 12K BPD option study. Cost estimate and Project economics. Well profile development, drilling optimization., less than 1 BUSD, Accuracy: ±40%,
  • Integrated Gas master Plan, Various Option study and synergy Study for production of 1.8 Billion MMSCFD gas., more than 10 Billion USD, Accuracy ± 50%,
  • US LTDP 2.0 Project, Cost estimate for Well head tower, Pipelines, Well head tie in, Processing facilities, Ullage utilization., more than 1 Billion USD, Accuracy ±15%,
  • Bahasa 33 KV Overhead electrical transmission lines, 189 Km (2 x 300mm2). Cost estimate., less than 1 billion USD, Accuracy ±15%,
  • Mubaraz GTG Replacement project, less than 1 billion USD, Accuracy ±15%,
  • Brown field EWR-PMR for Zirku and SARB, Scope: Pre-FEED / FEED cost estimate for modification of various works packages., ADNOC Offshore, 23 Nos., 50 M to 100M USD each pakage
  • Brown field EWR-PMR for Lower Zakum and Das island, ADNOC Offshore, 15 No., 50 to 100 M USD, Engineering service for MOL workshop, FEED for Crude oil tank foam system, replacement of old fire and gas system at Jabel Dhanna., Accuracy ± 15%,
  • EPC price Estimate & Economic Analysis, Cash flow, NPV, IRR, BEP, Payback Period derivation, sensitivity analysis, risk analysis for cost forecasting for Ruwais Back Pressure Steam Turbine., ADNOC Gas,
  • Feasibility study for underground oil storage tanks, Client: ADNOC Offshore., 150 M USD,
  • Option study for Zero flaring mitigation, Capex and opex cost estimate, life cycle cost cash flow for 10”, 12 KM subsea pipeline, WHP modification Gas compressor, Launcher receiver., ADNOC Offshore, ± 40%, 100 M USD,
  • FEED cost estimate for Instrument air network and Oily water treatment plant, ADNOC Offshore, Option Study for Crude Oil storage tank facility, Scope: Site grading, new crude oil tank facility, Line pipe, Jetty facility, Loading arms SPM facilities., IOCL Srilanka, ± 40%, 600 M USD,
  • Chhara LNG terminal, Scope includes cryogenic tank, Jetty works, regassification unit., ± 10%, 400 MUSD, Daheg LNG Terminal, Scope includes cryogenic tank, Jetty works, regassification unit., ± 10%, Nigeria LNG project, PMC for various EPC package., 1BUSD,
  • Refinery expansion Bharat petroleum, India, Licensor evaluation for various process unit, NPV calculation, IRR, Detailed feasibility cost estimate, Cost estimate for item wise construction tender with ±10% accuracy., 1900 M USD,
  • Crude Refinery Expansion Project P25, Cost estimate for capacity expansion of refinery upto 25 MMTPA., ±10%, Licensor selection for Poly propylene and PDH Unit for GAIL petrochemical complex, India, Capex and opex cost preparation with ASPEN tech software.,
  • Dhabol Bangalore Pipeline, Cost estimate for 36 Inch 1000 Km line Pipe., ±10%, Vijaypur Auraya Pipeline, Cost estimate for 36 Inch 357 Km line Pipe., ±10%, Delayed cooker unit revamp for Indian Oil, India, Scope: Cost estimate for complete Project life., ± 10%,
  • Mumbai Refinery expansion project, Hindustan Petroleum, Scope includes cost estimate for revamp (brownfield) of existing CDU VDU, MS block revamp., Flare Stack renovation at Bharat petroleum, Cost estimate for header, Flare stack and associated facilities.

Personal Information

  • Number of Children: 1
  • Date of Birth: 10/02/84
  • Nationality: Indian
  • Marital Status: Married

Mobile Numbers

  • +971 542234911
  • +91 9958484984

Timeline

Cost estimate specialist

ADNOC (PMC, Wood Payroll)
03.2024 - Current

Assistant General Manager Cost Estimation

Engineers India Limited
07.2023 - 02.2024

Sr Manager estimator

Engineers India Limited
11.2006 - 06.2023

Application Developer

IBM
06.2006 - 11.2006

B.Sc Engg - Mechanical

BIT Sindri

M.Tech - Energy Studies

Indian Institute of Technology-Delhi
Satish Kumar