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 Oil & Gas Careers V6, Upstream and Downstream

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SUSInF.anime
post Nov 23 2014, 02:39 AM

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Hi guys, I'm planning to do my Master next early of next year.

Between Master Science in Supply Chain Management and Master in Project Planning, which one have better prospects in O&G?

I don't have engineering background. Thanks
SUSInF.anime
post Nov 25 2014, 12:52 AM

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QUOTE(InF.anime @ Nov 23 2014, 02:39 AM)
Hi guys, I'm planning to do my Master next early of next year.

Between Master Science in Supply Chain Management and Master in Project Planning, which one have better prospects in O&G?

I don't have engineering background. Thanks
*
Any sifu can help icon_question.gif
SUSInF.anime
post Dec 1 2014, 02:18 AM

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QUOTE(InF.anime @ Nov 23 2014, 02:39 AM)
Hi guys, I'm planning to do my Master next early of next year.

Between Master Science in Supply Chain Management and Master in Project Planning, which one have better prospects in O&G?

I don't have engineering background. Thanks
*
Guys, please help..
SUSInF.anime
post Dec 1 2014, 03:20 AM

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QUOTE(ZZMsia @ Dec 1 2014, 02:35 AM)
Project planning, but do you have an engr degree?
Can join all sides as a planner/planning engineer. Many ways to package the job title.. Mostly you need an engineering degree but not necessary to be registered with BEM..

Thats from my experience smile.gif

Supply chain also good...can join procurement or contracts- all companies have this positions within the oil and gas spectrum....
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Thanks bro notworthy.gif
I don't have engineering background.. I think most project planning jobs required engineering background and it's quite important I think.

Now in downstream supply chain.. thinking to go further r Upstream supply chain after finish the master..
SUSInF.anime
post Dec 13 2014, 02:02 AM

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In such a harsh climate, downstream will be slightly less volatile?
Scared of those VSS or lay off.. feels like this is just the beginning..

This post has been edited by InF.anime: Dec 13 2014, 02:03 AM
SUSInF.anime
post Dec 13 2014, 02:10 AM

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QUOTE(supersound @ Dec 11 2014, 11:17 PM)
Most of the oil business companies are separated to 3 main section, upstream, downstream and trading to make the account complicated.
With current low crude oil price, upstream will be greatly affected.
But then this will only happens when the upstream are run by too many engineers and managers which increasing the cost significantly. Cut 50-80% from the top level will reduce the cost back.
Downstream and trading won't really be affected.
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Boss.. why downstream is less affected?
SUSInF.anime
post Dec 18 2014, 01:14 AM

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Fuel price drop to 54USD now.. don't think its the lowest point yet.
market sentiment is very down
SUSInF.anime
post Dec 22 2014, 03:14 AM

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QUOTE(Binyamin @ Dec 18 2014, 07:52 AM)
I heard that Shell Sarawak is on the verge of laying off 30% of its workforce. Can anyone confirm?
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30% really not a small number.
Normally will start from high pay or low experience first?
SUSInF.anime
post Dec 22 2014, 10:29 AM

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QUOTE(Binyamin @ Dec 22 2014, 08:33 AM)
I dont know but it is in my experience to note that Shell will shed the highest paid jobs 1st among in their contractors when their contractor contract is expiring.
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Contractor you mean are Shell permanent ?or temporary staff?
SUSInF.anime
post Jan 2 2015, 01:26 PM

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I heard 15% pay cut for UK Shell & BP staff
SUSInF.anime
post Jan 12 2015, 03:33 AM

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oil field service get biggest hit... hope the exploration companies still can hold for sometime.

no hope for increments, pay cut might be happen starting this year.. no retrenchment then I'm already happy

This post has been edited by InF.anime: Jan 12 2015, 03:35 AM
SUSInF.anime
post Jan 13 2015, 02:21 AM

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QUOTE(tishaban @ Jan 12 2015, 10:07 PM)
History repeats itself with the oil price dip and retrenchment, unfortunately most people don't bother to learn history and rush to join the industry biggrin.gif
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What happened during 2008 price dip?
That time was down to 40USD..
what countermeasures the O&G firms took to overcome the crisis that time?

This post has been edited by InF.anime: Jan 13 2015, 02:25 AM
SUSInF.anime
post Jan 13 2015, 02:10 PM

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QUOTE(Binyamin @ Jan 13 2015, 12:32 PM)
It's a global phenomena. Among the financial cliques Greece is expected to vote for the opposition and leave the eurozone if it happen this will result in capital from eurozone headed for USD.

The emerging economies are in heavy debt denominated in USD. So the higher the USD the more money the emerging economy needs to service their debt and interest. With oil price getting lower some believe we will be seeing financial panic among the emerging markets this year which will further send more capital out of these economies straight to the US.

It will be an interesting year and more interesting after September 2015.
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Sept 2015? Fed raise interest rate in Q3?
SUSInF.anime
post Jan 13 2015, 02:58 PM

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Brent price is now 46USD.. very near to cost price now.. cut throat war might end soon?
SUSInF.anime
post Jan 15 2015, 10:01 PM

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The reason BP expects the oil price to stay in the range of $50 to $60 for some years is for reasons you have read about here - it is persuaded that the Saudis, Emiratis and Kuwaitis are determined to recapture market share from US shale gas.
This means keeping the volume of oil production high enough such that the oil price remains low enough to wipe out the so-called froth from the shale industry - to bankrupt those high-cost frackers who have borrowed colossal sums to finance their investment.
This does not simply require some US frackers to be bankrupted and put out of business, but also that enough banks and creditors are burned such that the supply of finance to the shale industry dries up.
Only in that way could Saudi could be confident of reinvigorating its market power.

Feasible?

http://www.oilandgaspeople.com/news/1512/b...to-three-years/
SUSInF.anime
post Jan 23 2015, 04:23 PM

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QUOTE(mohdyakup @ Jan 22 2015, 01:57 PM)
I'm jumping back to downstream brows.gif

I miss working at East Coast!
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Taiko, is it retail? mind to share the reason notworthy.gif

This post has been edited by InF.anime: Jan 23 2015, 04:24 PM
SUSInF.anime
post Feb 1 2015, 06:47 AM

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I think hydrogen fuel cell might replace fossil fuels engine in near future. That time demand further drop again?
SUSInF.anime
post Feb 7 2015, 11:22 PM

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QUOTE(mohdyakup @ Feb 7 2015, 10:15 PM)
So many young blood eager to jump into O&G but never think the long effect on their health.... For example like mine as per link... Lulz...

http://instagram.com/p/yxz6GetPjz/
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Hi bro, please take good care of yourself.. we love you.
But hypertension is also because of the job? Too much OT and not enough rest?

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