Welcome to KHL, Layang Project. Wondering got more place meh???   

How come TTHE won this contract? They are not big player of FPSO even not have any drydocking to do conversion.

http://www.rigzone.com/news/oil_gas/a/1331...ect_Off_Sarawak

Yes the vessel was in Dubai named Deep Producer. It is Dynamic Positioning vessel, it is abandoned ship. Not sure some equipment or packages still can used.

But what make me confuse, how TTHE got this project? At least the worst this project shall go to MMHE since they are local champions on FPSO

Good morning guys,

Career advise needed.

Which one is better career path, commissioning engineer at boiler manufacturer, or project engineer at turbine skid packager?

my friend from technip said the same.
At the same time looks like Saipem, McDermott, and few others contractor that i know off is downsizing.

All happen in south east asia region i believe.. so few big projects coming in

Yeah. There are shitloads of us as well. How else would you run the wells and pumps lol?

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/