Oil & Gas Careers V6, Upstream and Downstream
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 Oct 21 2014, 12:57 AM
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#1
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Junior Member
475 posts Joined: Dec 2011  
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QUOTE(qebalt @ Oct 21 2014, 12:21 AM) benci la keje oil and gas ni. keje ok, gaji besau, tapi dok slalu kena tinggal famili. demi sesuap nasi mode you can always quit and give up that big paycheque for a job in malaysia. What is stopping you?p/s: just came back from Abu Dhabi job and suddenly have to go to Qatar. And after that, right now in Cairo   |
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Oct 22 2014, 10:42 PM
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#2
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Junior Member
475 posts Joined: Dec 2011
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QUOTE(qebalt @ Oct 21 2014, 10:31 PM) it is easy to say that if u don't have commitments bro.... Then you shouldn't have burdened yourself with huge commitments if you knew you couldnt bear the time away from your family.mcm kenal je bro.... huhu.... 20 hari x ckup bro. setahun baru ckup mcm ang  My point is, we are the lucky bunch who got into the industry but here you are, moaning of your `misfourtune' while those who wish and dream of entering the field can only be envious of your paycheck, exposure and experience. The big paycheck doesnt fall from the sky and it requires sacrifices and commitments. If you expect an easy ride, you are in the wrong buiness brother. So, suck it up and work your ass off to prove your worth. |
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Jan 6 2015, 05:06 PM
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#3
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Junior Member
475 posts Joined: Dec 2011
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QUOTE(Binyamin @ Jan 6 2015, 11:28 AM) [attachmentid=4288924] Brother,So looking at the above screen shot. Earning pershare for Shell have been negative since 2011. Hence can we conclude Shell Malaysia group has not been making money since 2011?? As you can see 2014 was the most negative year for their EPS since the 2008 crisis. I am curious to know: a) Why even with favorable oil price last few years Shell Malaysia been losing money? b) Why wait until now to shed jobs? Shouldn't they restructure much earlier to be more resilient at lower oil price? c) What is the rational of keeping up money spending activities offshore in the face of negative earnings the last few years? (I know their activities offshore) Thanks Bin 1&3. Only the Downstream Business(Refinery, Lubricants, Trading, Retail) is listed in the Bursa. Upstream activities are held by 2 asset companies, SSB and SSPC, which are private companies. Regardless of oil price, if your refining margin is narrow, it is very hard to make money. Moreover, the plant in PD is very old and need costly upgrades to keep the cost low. 2. There were already a reorganization world wide when the previous CEO took the helm in 2009-2010. And another re-org in 2012-2013 This post has been edited by yunodie: Jan 6 2015, 05:06 PM |
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