If the engineer's blue is spotting blue, then it's no good for layout work (it won't dry). If it's prussian blue mixed with shellac, then it's the right stuff. Alcohol or acetone works as a solvent.
A pen for it would be a struggle because it'll tend to dry out on the felt tip and need re-wetting to get it to work again.
A paint brush sealed into the lid of a bottle or jar, and kept submerged during storage works very well, as does a sheet of paper shop/kitchen towel rolled up tightly and dipped into the bottle (re-wet or use another next time).