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 Working with Petronas?, Work environment, benefits and culture?

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kebret
post Jul 7 2011, 05:52 PM

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QUOTE(faris_sn @ Jul 7 2011, 11:16 AM)
yesterday i got sms from jobstreet petronas lubricant want to view my resume...then i agree...

today HR people call me regarding the position offered (in accounting)...but he just need to forward to hiring manager before any SI...just wish i got it soon..h rclxms.gif ...quite proud they are interested on me actually.. rclxm9.gif

my question...HOW IS PETRONAS TODAY? heard a lot of thing +ve & -ve, but it is PETRONAS...a dream GLC co to join actually..is it??  tongue.gif
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hi there. petronas are making money. and they will keep on making (at least for a few years).
the forced ranking are cruel for the run-of-the mill, so be extraordinary.
office politics (backstabbing, etc happens in every company, every industry)
so just take the offer if u r seleced.

my 5cents
epiyana
post Jul 7 2011, 09:11 PM

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QUOTE(azraeil @ Jul 3 2011, 09:05 PM)
Wow, I didn't know that the benefits have been cut that bad ... I guess they increased the salary and then they cut the benefits. Bear in mind that previously the salary for Petronas was not as competitive as other O&G companies. A lot of staff complained about the salary and in most cases they did not or could not see the "other" benefits.

After 1000 skilled personnel in Geoscience and Petroleum Engineering left (me included) left the company (Do you wonder why our current oil production is now 450K barrels per day instead of the targetted 520K barrels per day?), Petronas decided to implement a new remuneration scheme BUT I guessed they had to cut some other benefots somewhere ...

Epiyana, it's a tough call on whether to stay or go (though you have made your decision). What PSC Audit does is basically they will Audit all the expenses that the Oil Operators (Exxon/Shell/Talisman/Newfield etc etc) makes to PETRONAS. These expenses falls under the Cost Oil Recovery Mechanism so MOST of the time, this are the expenses that will go to the operators and will not fall under the PITA, PSC Share etc etc, so the Audit guys are the most feared people by the Operators. They go to the Operator's offices and basically either endorsed or not endorsed the Cost Oil Recovery accounts.

In some cases, PMU has used this processes to squeeze the operators to implement Malaysianisation. Imagine that 2 million USD cost for one American/British expats that are rejected outright by Audit, and that is for one expat.

Whenever the Operators hire an expat, they require approval from several divisions in PMU and the most persuasive criteria is whether they can claim Cost Oil or not. If they cannot claim the cost oil, they most likely will not hire the person.

That's one part of the PSC Audit scope of work.

Anyway, maybe when I'm 50, I'll return to Petronas and "contribute" to the nation. I loved working in Petronas.
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Azraeil,

Thanks for your comment. Anyway i have made my decision and I have to live with it!
Just like you, I will with God's willing join Petronas ONE DAY and 'contribute' to the nation wink.gif


Added on July 7, 2011, 9:20 pm
QUOTE(faris_sn @ Jul 7 2011, 11:16 AM)
yesterday i got sms from jobstreet petronas lubricant want to view my resume...then i agree...

today HR people call me regarding the position offered (in accounting)...but he just need to forward to hiring manager before any SI...just wish i got it soon..h rclxms.gif ...quite proud they are interested on me actually.. rclxm9.gif

my question...HOW IS PETRONAS TODAY? heard a lot of thing +ve & -ve, but it is PETRONAS...a dream GLC co to join actually..is it??  tongue.gif
*
Whenever you have the chance to go for the interview, take the challenge and show them how good you are.
If they decided to hire you, then make sure you think very carefully about all the things that you're gonna get.
you can refer to the comment made by silverbot 123 wink.gif

As for me, personally PETRONAS is GREAT for fresh grad primarily because of the salary but for an experienced staff like me who used to enjoyed REAL BENEFITS from my previous employer AND currently enjoying MUCH BETTER BENEFITS with my new employer.. PETRONAS is just not good enough wink.gif

This post has been edited by epiyana: Jul 7 2011, 09:20 PM
faris_sn
post Jul 18 2011, 03:58 PM

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finally they call me for the interview this coming wednesday..

any tips..i heard a lot of stage as i am already got 8 yrs experience...am i need to go for role play...

This post has been edited by faris_sn: Jul 18 2011, 04:01 PM
azraeil
post Jul 18 2011, 04:10 PM

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8 year of experience,you should ask for nothing less than an E2 grade code. If you are lucky, maybe an E3 (Manager Level). Anyway, Good Luck!

Headhunters in UK is asking for my CV to give to Carigali-Hess (which is basically a PETRONAS subsidiary), so we'll see how that goes. The itch to return is quite strong right now ...
debbieyss
post Jul 18 2011, 04:16 PM

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QUOTE(epiyana @ Jul 7 2011, 09:11 PM)
Azraeil,

Thanks for your comment. Anyway i have made my decision and I have to live with it!
Just like you, I will with God's willing join Petronas ONE DAY and 'contribute' to the nation wink.gif


Added on July 7, 2011, 9:20 pm

Whenever you have the chance to go for the interview, take the challenge and show them how good you are.
If they decided to hire you, then make sure you think very carefully about all the things that you're gonna get.
you can refer to the comment made by silverbot 123 wink.gif

As for me, personally PETRONAS is GREAT for fresh grad primarily because of the salary but for an experienced staff like me who used to enjoyed REAL BENEFITS from my previous employer AND currently enjoying MUCH BETTER BENEFITS with my new employer.. PETRONAS is just not good enough wink.gif
*
WHo is your new employer? Which O&G? Mind to share?

Also, what about Deleum Berhad and Leighton Offshore? Good companies?
faris_sn
post Jul 18 2011, 04:18 PM

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QUOTE(azraeil @ Jul 18 2011, 04:10 PM)
8 year of experience,you should ask for nothing less than an E2 grade code. If you are lucky, maybe an E3 (Manager Level). Anyway, Good Luck!

Headhunters in UK is asking for my CV to give to Carigali-Hess (which is basically a PETRONAS subsidiary), so we'll see how that goes. The itch to return is quite strong right now ...
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E2...how much the range actually...
azraeil
post Jul 18 2011, 04:18 PM

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QUOTE(debbieyss @ Jul 18 2011, 11:16 AM)
WHo is your new employer? Which O&G? Mind to share?

Also, what about Deleum Berhad and Leighton Offshore? Good companies?
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I think epiyana is staying with PNB instead of moving to PETRONAS.
morelloben
post Jul 18 2011, 05:05 PM

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i've got an offer from petronas power & gas. but on direct hire basis a.k.a contract. is the policy & benefits good enough? the salary offered is quite good.
faris_sn
post Jul 18 2011, 05:26 PM

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QUOTE(faris_sn @ Jul 18 2011, 04:18 PM)
E2...how much the range actually...
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??? who can answer me for this Q biggrin.gif
danishhaikal7
post Jul 18 2011, 05:50 PM

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QUOTE(faris_sn @ Jul 18 2011, 05:26 PM)
??? who can answer me for this Q  biggrin.gif
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i have been told it's about 6-8k.
azraeil
post Jul 18 2011, 06:34 PM

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QUOTE(faris_sn @ Jul 18 2011, 11:18 AM)
E2...how much the range actually...
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As mentioned by danishhaikal, you should be looking at 6K-8K since Fresh Grads are already getting a starting salary of 4K. When I left the company, I was getting base salary of around 7K (plus 1.5K of skill allowance) after close to 10 years of experience. PETRONAS has increased this significantly though and I would think that for an E2 now you should be looking at 8-10K in base pay (just my speculation though)

I have a friend who is E3 and he is getting around 17K, new E3 (those newly promoted) were getting 12K.

Hope that helps.
mhyug
post Jul 18 2011, 07:28 PM

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QUOTE(azraeil @ Jul 3 2011, 09:05 PM)
Wow, I didn't know that the benefits have been cut that bad ... I guess they increased the salary and then they cut the benefits. Bear in mind that previously the salary for Petronas was not as competitive as other O&G companies. A lot of staff complained about the salary and in most cases they did not or could not see the "other" benefits.

After 1000 skilled personnel in Geoscience and Petroleum Engineering left (me included) left the company (Do you wonder why our current oil production is now 450K barrels per day instead of the targetted 520K barrels per day?), Petronas decided to implement a new remuneration scheme BUT I guessed they had to cut some other benefots somewhere ...

Epiyana, it's a tough call on whether to stay or go (though you have made your decision). What PSC Audit does is basically they will Audit all the expenses that the Oil Operators (Exxon/Shell/Talisman/Newfield etc etc) makes to PETRONAS. These expenses falls under the Cost Oil Recovery Mechanism so MOST of the time, this are the expenses that will go to the operators and will not fall under the PITA, PSC Share etc etc, so the Audit guys are the most feared people by the Operators. They go to the Operator's offices and basically either endorsed or not endorsed the Cost Oil Recovery accounts.

In some cases, PMU has used this processes to squeeze the operators to implement Malaysianisation. Imagine that 2 million USD cost for one American/British expats that are rejected outright by Audit, and that is for one expat.

Whenever the Operators hire an expat, they require approval from several divisions in PMU and the most persuasive criteria is whether they can claim Cost Oil or not. If they cannot claim the cost oil, they most likely will not hire the person.

That's one part of the PSC Audit scope of work.

Anyway, maybe when I'm 50, I'll return to Petronas and "contribute" to the nation. I loved working in Petronas.
*
you are sagely figure from petronas mang. notworthy.gif kalau blh jumpa direct mau salam dgn bro.and maybe ask a bit of advice for young engineers.
azraeil
post Jul 18 2011, 07:42 PM

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QUOTE(mhyug @ Jul 18 2011, 02:28 PM)
you are sagely figure from petronas mang. notworthy.gif kalau blh jumpa direct mau salam dgn bro.and maybe ask a bit of advice for young engineers.
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I was a manager in Petronas for a very short while ... but I was with the company for 10 years so knows a lot about how it is run. Now I'm an expat in another country. Will be back this summer (August) for a 5 week vacation (mau puasa and raya in Malaysia maaaa).
mhyug
post Jul 18 2011, 07:53 PM

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QUOTE(azraeil @ Jul 18 2011, 07:42 PM)
I was a manager in Petronas for a very short while ... but I was with the company for 10 years so knows a lot about how it is run. Now I'm an expat in another country. Will be back this summer (August) for a 5 week vacation (mau puasa and raya in Malaysia maaaa).
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wahhh you are a man whom achieved it all by my books mang.im still trying to get in engineering punya la susah....much les and O&G.really envy those lads who can get interviews, jump here and there in ong.
madsouls
post Jul 20 2011, 12:58 AM

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dear sifus...

recently i applied a job in Petronas as shown below. today i received an email asking me to fill in the declaration form and email them scanned copy of my certs etc. So my concern now is, what is the salary range for this post? (so that i know what to put in the expected salary, as i dont want to put too low or too high).

currently im based in Miri with one of the o&g company here, and i have 5 yrs exp. for me, if the increment is only about 2-3k from my current salary, i wont want to waste time for this as i cant cope with the high living cost in KL.

so please help if anybody knows. Thanks.

EXECUTIVE (ELECTRICAL)
Location: PETRONAS Twin Towers,KLCC
Min. Qualification: Bach Degree
Years of Experience: 5 years


RESPONSIBILITIES:

Lead comprehensive feasibility study and conceptual option leading to the optimum improvement options to FIP raised.

Lead optimum design analysis and quality evaluation of detailed design leading to the completion of detailed drawings, manuals, design report and specification for optimum fabrication .

Development of equipment specifications, bid enquiry package and provision of engineering
services for the purchase of company supplied items.

Acquisition and application of new technology for effective cost optimization that suit the operational requirements by analyzing and preparing recommendation to ensure proven technology is used whenever possible and to select appropriate development solutions if proven technology is not available.

Lead technical integrity check of project deliverables through execution of QA/QC functions.

Provide technical expertise to special teams formed during various phases of new project
execution/audits/improvement initiatives.

Develop skill and expertise within Electrical Skill Group through keep abreast with the latest technologies / trends and staying current with training practices of other organizations and industries.


REQUIREMENTS:

Degree in Electrical Engineering and equivalent. At least 5 years of relevant working experience in Oil & Gas industry.
azraeil
post Jul 20 2011, 01:02 AM

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The position is probably an E2 position which is a senior executive position, that's why they put a lot of "lead" this and that. I'd say for 5 years experience you should be looking at 6-8k basic per month.
morelloben
post Jul 29 2011, 05:09 PM

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azraeil, direct hire staff entitled to get bonus?
sakurazz
post Jul 29 2011, 05:35 PM

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my uncle was working with petronas on platform for more than 30 years.. and now he get unlimited benefits from petronas..
azraeil
post Jul 30 2011, 06:17 PM

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QUOTE(morelloben @ Jul 29 2011, 12:09 PM)
azraeil, direct hire staff entitled to get bonus?
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Depends on the contract that you sign. I would recommend that for Direct Hire to really negotiate on the fine detail of your contract such as yearly increments and bonuses. Otherwise, the HR people will put "per the discretion of Management" which basically mean that if they feel like it, they will give you bonus, if not ... sorry. So negotiate your contract properly.


Added on July 30, 2011, 6:21 pm
QUOTE(sakurazz @ Jul 29 2011, 12:35 PM)
my uncle was working with petronas on platform for more than 30 years.. and now he get unlimited benefits from petronas..
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Where got unlimited benefits? Your uncle is pulling your leg.

If he has not taken the 55 year old retirement age change then he will retire at 60. If he has taken it, he will have gotten hs "retirement change compensation" for the last 10 years (it was completed this year I think)

Insurance coverage is now by ING

PTERONAS does not have a pension scheme, there is a retirement benefit that is calculated based on your years of service and will be deposited into the EPF once you resign or retire from PETRONAS but nothing like the Government Pension Scheme.

This post has been edited by azraeil: Jul 30 2011, 06:21 PM
mav3rick
post Jul 31 2011, 01:02 AM

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QUOTE(silverbolt143 @ Jul 2 2011, 07:46 PM)
Same case like me...i ditch their offer...they have cut off all the nice benefit for new comer....
hence the salary offered i have to normalise to minus RM700.

Petronas benefits vs (inside bracket my current company):
- no housing loan or car loan...(current company, housing loan interest subsidy - minus BLR 4% for up to RM450k loan, car loan-RM65k free interest loan)
- 15 days annual leave & 1 day paternity..(after confirmation 22 days AL, 3 days paternity)
- medical benefits: Outpatient RM 4k annually plus dependants, hospitalisation/major medical RM75k staff & RM20k each dependants (RM20k outpatient plus dependants, hospitalisation/major medical RM50k staff & RM50k each dependants)
- dental RM400 annually, no optical (dental RM1,400 each dependant, optical RM400 each dependant)
- unclear policy on reimbursable professional membership and study scholarship/assistance (memberships fees reimbursable up to 2 professional bodies annually, full scholarship for ACCA, ICAEW. partial scholarship for CIA, ESH/DOSH professional qualifications. max bonding period 3 years depends on amount of scholarship).

But petronas still have plus points in my case such as:
maternity 4k normal, 6k scissor......(none currently)
EPF employer contribution 19%  (my company 16%)

the above based on what HRM personnel informed to me via e-mail...coz apparently in my case they do not mail the employee term & benefits with the offer letter..After due consideration, i was of the opinion that the offer (within 35% increment) still does not able to compensate other benefits which ill lose if i leave current company...PLUS ive received several other offer from non-MNC company who willing to offered 35% increment as well but the benefits much more worse....
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damn.. i'm salivating just by reading your current company's benefits.. are you in the O&G industry as well?

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