I used to prepare contracting package for FEED works, and yes BEM requirement is a must in the contract. All PSC's must follow direction by MPM/PMU.

http://www.4-traders.com/news/MMHE-Malaysi...-and--21592889/

MMHE Malaysia Marine and Heavy Engineering Holdi : MHB Secures F12 Wellhead Platform, and Piping and Plate Fabrication Contracts Worth RM527 Million

Kuala Lumpur, 22 December 2015

MHB Secures F12 Wellhead Platform, and Piping and Plate Fabrication Contracts Worth RM527 Million

Fabrication of the F12 Kumang Cluster gas field development wellhead platform ("WHP") topside, jacket and the associated system tie-ins

RAPID Package-5 centralised piping fabrication work

RAPID Package-5 RoG area piping and structural work

RAPID Package-3 electro-mechanical, piping and structural work

RAPID Package-22 plate structure prefabrication and fabrication work

Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) is pleased to announce that its wholly owned subsidiary, Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), has secured contracts worth RM527 million (based on RM4.30/USD exchange rate) for offshore structure fabrication works and the Refinery and Petrochemical Integrated Development (RAPID) electro-mechanical, piping and structural works.

The first contract entails the Engineering, Procurement, Construction and Commissioning (EPCC) of the WHP topside and jacket, telecommunication and instrumentation system tie-ins of the new F12 platform and telecommunication and instrumentation system tie-ins modification of the existing platform. The F12 facilities is located in the Kumang Cluster gas fields, 180km north-west of Bintulu, Sarawak in a water depth of 101m. The project, which was awarded by PETRONAS Carigali Sdn Bhd, is scheduled for delivery within 12 months of the signing of the Letter Of Award.

Earlier in August, MHB had secured two contracts for the RAPID project from Toyo Engineering Corporation. The first involves centralised piping fabrication for the Package-5 steam cracker complex. The primary fabrication work is expected to end in December 2016 and the overall completion in April 2017. The subsequent contract is the piping and steel structure work for a steam cracker complex at the refinery of gas (RoG) area.

For the fourth contract, MHB, in a consortium with China Huanqiu Contracting & Engineering Corporation (HQC), has been awarded the electro-mechanical works for RAPID Package-3. The project is inclusive of pipe rack, flare tower, mechanical, piping electrical & instrument and insulation. The contract was awarded by Technicas Reunidas and is expected to commence in January 2016 and complete in July 2017.

MHB has also been awarded another RAPID subcontract work by Punj Lloyd Sdn Bhd for RAPID Package-22. The scope of work involves plate structure prefabrication, fabrication, painting, rolling and blasting. The contract is expected to commence in December 2015 and complete in December 2016.

MHB Managing Director and Chief Executive Officer, Tuan Haji Abu Fitri Abdul Jalil said, "We are doing our level best to continue replenishing our work order. With these latest contracts, MHB has now secured an estimated RM975 million worth of projects for the year to-date. We continue to be on the lookout for offshore and onshore projects as well as for marine repair works, both domestically and internationally."

http://www.thestar.com.my/business/busines...ract/?style=biz

Mudajaya bags RM220mil Petronas contract

Tuesday, 22 December 2015 | MYT 6:34 PM
Mudajaya bags RM220mil Petronas contract

KUALA LUMPUR: Mudajaya Group Bhd has bagged a RM220mil contract for the engineering, procurement, construction and commissioning of warehouses and workshops for Petroliam Nasional Bhd’s (Petronas) Rapid project in Pengerang, Johor.

The construction and property development firm told Bursa Malaysia that its unit, Mudajaya Corp Bhd, received the contract on Dec 11 from Petronas’ subsidiary PRPC Utilities and Facilities Sdn Bhd to undertake the works.

It said the job was targeted to be fully completed by January 2018, with a construction period of 25 months from the date of the contract.

None of the directors or major shareholders of Mudajaya or persons connected with them has any direct or indirect interest in the contract.

Malaysia O&G - melayu, cina, india, iban, kadazan, murut, melanau, bumi, non-bumi etc buat puak kem sendiri, back mouth each other, stabbing from behind etc.

Yang tepuk tangan - Expat angmoh, pinoy, indian from India buat tak kisah. ambik job from Malaysian locals.

Yang putih mata - Malaysian sendiri.

Bawak bertenang saudara-saudari sekalian. Keep your tits calm.

Average production cost for Malaysia shallow water range between USD 15-20 per barrel. Deepwater is around USD 40-60 per barrel (reference GK & Malikai).

If world oil price drop to USD 20 per barrel, most Malaysia PSCs will cry liao. Total E&P and Inpex has stopped their deepwater development for SK and SB water. Appraisal tak lepas MPM.

Yes salaries offer is impacted badly. I saw client offer for Lead Process Engineer for Rm12k-18k per month (1 year contract). Last time it was higher than this rates.

How low can it be? With lift of US oil export & Iran cheap crude to enter market soon, lets pray for the best.

I am surprise they are still hiring. Lotsa retrenchment few month back at Bumi Armada.

IT? No.

Yup with PSC/operator.

Based on what I'd read few years back.

Isnt that deepwater cost is usually higher? In that case operating at GoM and North Sea is now at lost too.

Both.

Safe? Nobody cant guarantee job security nowadays with current environment.

Oh dear I creep negativity for O&G job market. Dont lost hope ya. There are still opportunities is downstream right now, if you dont mind working in construction environment, working from 0700am to - 0600pm (usually kena lagi awal due to morning HSE & toolbox briefing), Monday to Saturday. Belum campur hidu debu bauxite lagi.

It just that Upstream kinda suck at the moment. Not so much project like last time.

Another upstream operator in the verge of retrenched its staffs. One of my friend lost her job.

Operator of block PM307 & SB303

Even HR being retrenched at Murphy & Bumi Armada...

Mujur ada Pamoga.

MMC has steady contract with MLNG & ABF for lotsa major revamp works.

Petrofac Malaysia (PML-PM304) missing from the list. VSS has been dished out.

Happy New Year 2016 to all fellow grease monkey. Pray hard the industry will recover soon but seems to be unlikely at near term. Godspeed to all of us.

Gonna start my first week of 2016 for another interview with UK based completion Co. located at Menara Prestige.

This post has been edited by mohdyakup: Dec 31 2015, 07:03 PM

Its just the matter of time & technology advancement for US shale producer to extract shale oil at lower cost.

Let the Saudi bleeds.

That Bakken shale reserves is owned by Hess...

Graph.