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Repsol

Global energy company: oil, gas, renewables

Cost Estimator

Full-TimeDeadline 10/31/26
No salary listed
Expert
Bachelor's
Houston, TX, USA
HybridThree days in the office per week are required.
Project & Program Management

About the job

Requirements
  • Minimum 10+ years of experience in cost estimating, budgeting, and financial analysis in the energy industry, including oil and gas or renewables.
  • Bachelor’s degree in an engineering, finance, or business discipline.
  • Ability to interpret engineering specifications, Basis of Design, Bill of Quantities, and contracts.
  • Technical knowledge of solar and/or wind energy systems, construction processes, and industry standards.
  • Familiarity with all project controls disciplines.
  • Proficient knowledge of Microsoft Office software.
  • Ability to perform analytical, problem-solving, and decision-making work.
  • Ability to communicate and collaborate effectively.
  • Adherence to standards of integrity, safety, ethics, quality, and productivity.
Responsibilities
  • Provide Rough Order of Magnitude, conceptual, and detailed estimates based on project plans, technical specifications, Basis of Design, and Bill of Quantities documents for solar, wind, and battery storage projects.
  • Prepare detailed cost estimates covering materials, labor, equipment, and subcontractor services.
  • Prepare and maintain the Basis of Estimate for each project.
  • Collaborate with project managers, engineers, development, operations and maintenance, and procurement teams to validate assumptions and optimize costs.
  • Create and maintain a cost benchmarking database.
  • Monitor market trends for renewable energy components and update cost databases accordingly.
  • Support and validate Change Management requests and validate cost impacts.
  • Maintain compliance with Repsol published guidelines and common estimating processes.
  • Develop and maintain in-house estimating tools, templates, procedures, and guidelines.
  • Support the team with the project stage-gate process and deliverables.
  • Maintain and utilize the historical cost database and apply learnings to improve project performance.
  • Assess performance threats and opportunities against internal and external benchmarks.

About the company

Repsol is an energy company that operates across the oil and gas value chain, including exploration, production, refining, and selling fuels, and is expanding into a multi-energy portfolio as part of the energy transition. Its products come from extracting hydrocarbons, processing them into fuels and other energy products, and distributing them to markets, while it increasingly adds new energy forms and services. The company differentiates itself through its long history of international expansion, strategic partnerships, and large-scale asset transactions, such as selling a stake to EIG to fund its transition. Its goal is to monetize its existing assets while accelerating the shift to a diversified, lower-carbon energy mix, potentially supported by a US IPO for its upstream unit from 2026 onward.

Company Size

10,001+

Company Stage

IPO

Headquarters

Madrid, Spain

Founded

1987

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Simplify's Take

What believers are saying

  • First-half 2026 adjusted net income hit €2.711 billion, up 135% year over year.
  • Pikka should reach 80,000 gross barrels daily in Q3 2026, lifting upstream volumes.
  • Repsol announced €850 million buybacks and an 8% higher 2026 cash dividend.

What critics are saying

  • CNMC fined Repsol €20.5 million on February 3, 2026 for margin-squeeze practices.
  • Venture Global beat Repsol in January 2026 LNG arbitration, weakening contract enforcement leverage.
  • Repsol says 90% of crude contracts miss EU methane rules before January 1, 2027.

What makes Repsol unique

  • Repsol pairs Alaska upstream growth with renewable asset rotations, funding transition without starving returns.
  • Pikka started in May 2026, giving Repsol a rare new North Slope growth engine.
  • Masdar and Stonepeak validate Repsol’s renewable platform as a monetizable, partner-friendly asset base.

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Benefits

Hybrid Work Options

Company News

Europe Says
Aug 26th, 2026
Latham Represents Repsol E&P in US$2.5 Billion Bond Offering - Spain

Repsol E&P S.à r.l. (Repsol E&P), the holding company of the exploration and production (Upstream) business of Repsol, S.A. (Repsol) Group, through

Yahoo Finance
Jul 23rd, 2026
Repsol's Q2 2026 net income surges to $2B amid oil price volatility and Strait of Hormuz tensions

Repsol SA reported strong Q2 2026 results with adjusted net income of €1.8 billion, over €1 billion higher year-on-year. First-half adjusted net income reached €7.2 billion, up 135% compared to 2025. The Spanish energy company reduced net debt to €3.7 billion by end of Q2, down €1.1 billion from March 2026. Its gearing ratio stood at 11.3%. Repsol achieved a major milestone with the start-up of the Pikka project in Alaska. Production reached 558,000 barrels of oil equivalent per day, 4% above the previous quarter. The company announced a total cash dividend of €1.051 per share for 2026, approximately 8% higher than 2025. However, geopolitical tensions around the Strait of Hormuz created extreme volatility, whilst a €1.3 billion working capital build-up affected cash generation.

The National
Jun 11th, 2026
Masdar acquires 49.99% of Repsol renewables for $959M, adding 705MW capacity

Abu Dhabi's Masdar has finalised an agreement to acquire a 49.99 per cent stake in Spain's Repsol Renewables for €849 million ($978 million). The transaction includes 705 megawatts of operational capacity comprising six solar parks and 13 wind farms, with potential to add 565MW in future. Subject to regulatory approval, the deal is expected to close by year-end. Once completed, Masdar will have 4.1 gigawatts of operational capacity across the Iberian Peninsula, with approximately 1GW under development. Owned by Taqa, Adnoc and Mubadala, Masdar has developed projects in over 40 countries with combined capacity exceeding 51GW. The company aims to reach 100GW of renewable capacity by 2030, supporting the UAE's clean energy and decarbonisation goals.

Yahoo Finance
Sep 23rd, 2025
Aramco-Repsol $1.2B Renewables Deal Stalls

Talks for Saudi Aramco to buy a minority stake in Repsol's renewables unit have stalled, with no plans to resume. The potential €1 billion ($1.2 billion) investment hit a dead end as Aramco seeks to sell assets and cut costs. Repsol, diversifying into renewables, saw its shares rise 24% in 2025. In 2022, Repsol sold a 25% stake in its renewables business for €905 million, valuing the unit at €4.38 billion. Repsol continues to invest in renewables, prioritizing returns.

USA Herald
Apr 29th, 2025
Stonepeak Buys $340M Stake in Repsol

Stonepeak has agreed to acquire a 46.3% stake in Repsol's U.S. solar and storage portfolio for $340 million, highlighting a shift towards renewable energy. The portfolio, valued at approximately $795 million, includes the 632-megawatt Frye solar farm in Texas and the Jicarilla complex in New Mexico, which combines 125 megawatts of solar with a 20-megawatt battery storage system. Legal firms Vinson & Elkins LLP and Latham & Watkins LLP represented Stonepeak and Repsol, respectively.