Cost Engineer - Tullow Oil



Our website is made possible by displaying online advertisements to our visitors.
Please consider supporting us by disabling your ad blocker.

Tullow Oil Engineering Jobs in Accra


1. Patiently scroll down and read the job description below.

2. Scroll down and find how to apply or mode of application for this job after the job description.

3. Carefully follow the instructions on how to apply.

4. Always apply for a job by attaching CV with a Cover Letter / Application Letter.


Tullow Oil is a well-established, recognised independent oil and gas company focused on Africa and South America. The Group has interests in over 70 exploration and production licences across 15 countries.

As part of its operations and business execution, Tullow Oil is looking to appoint a Cost Engineer on a permanent basis, based in Accra, Ghana. The individual will be responsible for ensuring effective cost management and reporting.

You will integrate and analyse overall Capex and Opex data monthly for escalation to the management team and Group Finance. The Individual will also work with the Operations team, leading the BU in-country Opex/Capex cost reduction initiatives.

We are looking for a forward thinker who will support and execute the annual business plan, cost forecasts and submissions.


ADVERTISEMENT - CONTINUE READING BELOW


The Successful Candidate Responsibilities include:

  • Champion the OPEX cost reduction initiative and hold weekly meetings with Ops Managers to update them on progress.
  • Chair a monthly meeting on behalf of the Ops Managers to review OPEX cost spending for the year and implement recommendations and actions that come from this.
  • Assure and ensure that spending is approved by JV partners through the correct AFE approval process through linkage with the JV Manager.
  • Provide the TGL input to Business Planning and forecasting processes through linkage to the Project Services Manager.
  • Provide oversight on cost and progress on CAPEX activities in the O&M space.
  • Provide oversight on costs and progress on other non-Operational OPEX (e.g. Social Performance, Legal, Infrastructure, IS) that is included and reported as part of O&M spend and include the same in consolidated monthly/quarterly reports.
  • Serve as Focal point to interface with Finance and Supply Chain on behalf of Operations: review and align VOWD/Accruals, 3rd Party and JV Audits and review processes, linkage with Cost reporting and Contract’s commitment and controls.
  • Support Operations Managers in budget/managing annual cost.
  • Liaise with other Cost Controllers as appropriate to ensure consistency.
  • Support detailed reviews of the back-up information (Billings) from O&M contractors for final invoices for completeness and accuracy
  • Liaise with Accenture and Finance to ensure O&M Contractors account reconciliations are up to date.
  • Ensure a seamless relationship between Operations, Finance, Contract Advisors and Cost Control teams in matters relating to actual expenditures, budgets, forecasts, and accruals.
  • Support Ops Manager reviews O&M Contractors purchase requisitions to ensure value for money.
  • Provide support to ensure O&M inventory is properly recorded and accounted for.
  • Work with Tax and Contract Advisor to ensure O&M Contractors tax liabilities and assets are reported and accounted for by Finance on a quarterly basis.
  • Ensure application and compliance with all group accounting and Cost procedures, policies, instructions, timetables (month end, yearend, hard close, budgeting cycle) and petroleum contracts (JOAs, PSCs, etc.).
  • Contribute to continuous process improvement and related initiatives.
  • Support any cost enhancement project implementation.


ADVERTISEMENT - CONTINUE READING BELOW


Skills

  • Previous experience in the offshore oil industry, working for both Contractor and/or Operator.
  • Knowledge and application of Cost and Planning Engineering principles.
  • Knowledge of design and implementation of projects in the offshore oil and gas industry.
  • Good knowledge of cost management and reporting systems together with the ability to consolidate data from several sources for overall presentation.
  • Interpersonal skills are necessary to establish good working relationships.
  • Good report writing skills

 

Education

  • A bachelor’s degree / or equivalent in Engineer or finance.
  • Experience in project management /controls would be an added advantage.


ADVERTISEMENT - CONTINUE BELOW TO APPLY




FIND CURRENT JOBS IN GHANA 2025 TODAY

JOB OPPORTUNITIES IN GHANA AND SOUTH AFRICA


Discover the latest job vacancies in Ghana and South Africa across top industries including finance, healthcare, IT, logistics, customer support, and remote work. Whether you're based in Accra, Johannesburg, Cape Town, or Kumasi, find trusted career listings, CV building resources, and cover letter writing tips to help you get hired faster. Our job board features opportunities in government, NGOs, internships, graduate programs, and international companies hiring in Africa.

EXPLORE REMOTE JOBS, ONLINE WORKS, AND FREELANCE OPPORTUNITIES

Work from anywhere with flexible remote jobs and freelance projects in tech, content writing, customer service, design, data entry, and virtual assistance. Whether you're in Ghana, South Africa, or abroad, start earning online with global companies hiring remote workers. Access guides for setting up your freelance profile, optimizing your CV for remote roles, and tips to get hired on platforms like Upwork, Fiverr, and Freelancer. Perfect for students, stay-at-home parents, and professionals looking to work from home. Discover online job opportunities that fit your skills and schedule — start your remote career today.

Receive daily job alerts, explore career development advice, and access tools that support job seekers, recruiters, and professionals at all stages of their careers.

BEST PERSONAL LOAN AND SALARY MANAGEMENT TIPS FOR PROFESSIONALS

Manage your salary wisely. From budgeting and savings to online loans, mobile money comparisons, tax filing, and personal insurance — get the financial knowledge you need to succeed in your new role. Our expert tips help job seekers and professionals across the world take control of their money and plan ahead.

🔗 Visit our Personal Finance Hub for career-driven financial advice.

TOP CAREER ARTICLES FROM EXPERTS