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 Oil & Gas Careers V8, Upstream and Downstream, Crude Oil (WTI): USD 45.22/bbl

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SUSInF.anime
post Oct 4 2015, 03:08 AM

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QUOTE(TheReaderReads @ Oct 3 2015, 08:37 PM)
6000 employees of shell currently for msia.

Part of them 1/3 (approx 2000) will be taken by petronas, as petronas and other operators (small) will take most of the assets from shell.

These 2000s might face retrenchment in a year to come as the operators are loaded wit their own ppl

The remaining 4000s shell employees, 1300 will be cut as announce by shell

Leaving 2700 shell survivors for the near future time being

Petronas... If they do cut, it is like nailing to the coffin

From what I hear, 1 mnc may close shop and shift operation to india...

And local ong co may get project due to the dwindling of oil supply already

Zeti already warn/advice us msians to learn how to do own business

We have to get ready. I know it is bad bleak news, but lets be prepared until oil recover...
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Shell already cut 2000?
SUSsupersound
post Oct 4 2015, 07:22 AM

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QUOTE(InF.anime @ Oct 4 2015, 03:08 AM)
Shell already cut 2000?
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May have a total cut if they decided to leave Malaysia thumbup.gif
Or forced to surrender their assets to petronas drool.gif Just like MLNG2 in August, initial plan was get contract extended hmm.gif

This post has been edited by supersound: Oct 4 2015, 07:24 AM
PaulReedSmooth
post Oct 4 2015, 10:13 AM

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QUOTE(MEngineer @ Oct 3 2015, 11:35 PM)
SKD T9 going to start drilling. 6 wells.
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Mana? Local field?
asrin
post Oct 4 2015, 11:09 AM

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Untuk sapa yang berminat..Attached Image
SUSInF.anime
post Oct 4 2015, 12:10 PM

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QUOTE(supersound @ Oct 4 2015, 07:22 AM)
May have a total cut if they decided to leave Malaysia thumbup.gif
Or forced to surrender their assets to petronas drool.gif Just like MLNG2 in August, initial plan was get contract extended hmm.gif
*
Soon everyone here will ignore and block your post. smile.gif
It has become more and more irrelevant.

This post has been edited by InF.anime: Oct 4 2015, 12:18 PM
alvinkhorfire
post Oct 4 2015, 12:33 PM

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I have some questions here, so opinions and answers from experts in this thread are very much appreciated. smile.gif

Actually, what is the difference between oilfield service companies (such as Schlumberger and Halliburton) and drilling contractors (Maersk Drilling and Transocean)?

Here are some information I obtained from the pervious versions of this thread:

QUOTE
Oilfield Service Company is a company which provide services / support to the petroleum exploration and production industry but do not typically produce petroleum themselves. The servicing companies specializes in providing upstream services to the clients such as
1. Seismic & geophysics
2. Reservoir engineering, simulation & consultation
3. Drilling & measurement
4. Wireline & well testing
5. Completion
6. Production
7. Well intervention

Drilling contractor is the company that owns and operates a drilling rig.

If I am not mistaken, drilling contractors are able to perform well intervention. If that is the case, there is some overlapping between oilfield service companies and drilling contractors.

Is it correct to say that drilling contractors are a subset of oilfield service companies? In other words, all drilling contractors can be considered as oilfield service companies. However, not all oilfield service companies are drilling contractors.

Thank you very much to those experts who can shed some light on this confusion. notworthy.gif

This post has been edited by alvinkhorfire: Oct 4 2015, 12:34 PM
SUSsupersound
post Oct 4 2015, 01:33 PM

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QUOTE(InF.anime @ Oct 4 2015, 12:10 PM)
Soon everyone here will ignore and block your post. smile.gif
It has become more and more irrelevant.
*
I guess you got read the newspapers, right? On Shell and what will happen next to the 1 and only refinery in Malaysia.
meonkutu11
post Oct 4 2015, 01:47 PM

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QUOTE(MEngineer @ Oct 3 2015, 11:35 PM)
SKD T9 going to start drilling. 6 wells.
*
great job, at least can keep the crews employed and busy...

This post has been edited by meonkutu11: Oct 4 2015, 01:48 PM


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meonkutu11
post Oct 4 2015, 02:14 PM

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QUOTE(alvinkhorfire @ Oct 4 2015, 12:33 PM)
I have some questions here, so opinions and answers from experts in this thread are very much appreciated.  smile.gif

Actually, what is the difference between oilfield service companies (such as Schlumberger and Halliburton) and drilling contractors (Maersk Drilling and Transocean)?

Here are some information I obtained from the pervious versions of this thread:
If I am not mistaken, drilling contractors are able to perform well intervention. If that is the case, there is some overlapping between oilfield service companies and drilling contractors.

Is it correct to say that drilling contractors are a subset of oilfield service companies? In other words, all drilling contractors can be considered as oilfield service companies. However, not all oilfield service companies are drilling contractors.

Thank you very much to those experts who can shed some light on this confusion.  notworthy.gif
*
Most of the cases, drilling contractors own the rigs and provide the drilling services (exploration/development) and some of the rigs are capable doing the well intervention works. Not only that, with the current market, some of the rigs also willing to contract the rig ONLY for ACCOMMODATION/HOTEL.

Oilfield service companies, on the other hand provide the specialists, tools and technology to achieve the campaign's objective.

For example (in normal case);

Client:- Shell/PCSB/EXXON etc ; contracted
Drilling contractor : Transocean/Seadrill/Maersk Drilling (i.e Jack up Rig / Semisubmersible Rig/Drillship) - The rig packages are often offered as it is and sometimes require to do upgrades depending on the client's requirement on the drilling campaigns.

Client also contracted;
Service companies to provide;

Slb / halliburton /Baker etc: MWD/LWD; DD services (crew & tools/equipment)
Slb / halliburton /Baker etc: Wireline services (crew & tool/equipment)
MI Swaco/Scomi etc : Drilling Fluids services (crew & materials)
Geoservices/DHI/etc: Mud Logging Services (crew & monitoring equipment/sensors)
SLB/Baker/etc: Hole opening, Fishing services, etc (crew & tools/equipment)
WTFD/Franks/KST : Tubular running services (crew & tools/equipment)
WTFD/HAL/BH etc: Completion Services (crew & tools/equipment)
FMC/etc: Wellhead Services (crew & tools/equipment)
Oceaneering /etc: ROV services (for floating rigs)


MEngineer
post Oct 4 2015, 02:55 PM

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QUOTE(PaulReedSmooth @ Oct 4 2015, 10:13 AM)
Mana? Local field?
*
Local ExxonMobil operated field.
BaRT
post Oct 4 2015, 05:41 PM

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QUOTE(mohdyakup @ Oct 4 2015, 12:46 AM)
I will be moving to the next downstream project soon.
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Deyy..whatsapp last seen 15/9/2015.
Gebeng xde coverage ka, jerebu coz of bauksit? Haha...
gulagulahacks
post Oct 5 2015, 10:34 AM

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QUOTE(BaRT @ Oct 2 2015, 12:30 AM)
Anybody have an experience or know about epoms? (E&P O&M SERVICES SDN BHD)
my friend just got interview there. Not sure with this current situation, is it wise to jump the ship
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wondering too what is their expertise.
recently got few enquiries from them.
meonkutu11
post Oct 5 2015, 03:02 PM

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another round?


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BaRT
post Oct 5 2015, 03:12 PM

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QUOTE(meonkutu11 @ Oct 5 2015, 03:02 PM)
another round?
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-edited-

avoid any racist comment here.

This post has been edited by BaRT: Oct 5 2015, 03:17 PM
SUSsupersound
post Oct 5 2015, 03:59 PM

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QUOTE(meonkutu11 @ Oct 5 2015, 03:02 PM)
another round?
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This is interesting banner, looks like after slashing is retrenchment only. Overdone already cry.gif
sdonexox
post Oct 5 2015, 09:00 PM

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QUOTE(jamaluddin4 @ Jul 7 2015, 12:51 PM)
Oh really. Thats why some of existing staff got love letter and at the same time they looking for new guy.
Just be prepare for the worse case. I'm just taking VSS last May.  rclxms.gif
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Friend of Technip told me no VSS but MSS in Technip. It's already 4 batch. 1st batch pay base on long service. If service 20 yrs, they got 20 month + 3 month. For 2nd, 3rd & 4th badge, they got only 9 month + 3 month. He don't understand why 1 st. badge get more because those selected are discipline problematic.

sdonexox
post Oct 5 2015, 09:15 PM

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QUOTE(sdonexox @ Oct 5 2015, 09:00 PM)
Friend of Technip told me no VSS but MSS in Technip. It's already 4 batch. 1st batch pay base on long service. If service 20 yrs, they got 20 month + 3 month. For 2nd, 3rd & 4th badge, they got only 9 month + 3 month. He don't understand why 1 st. badge get more because those selected are discipline problematic.
*
There will be retrenchments in December that involve more employees
iamhercules
post Oct 5 2015, 09:25 PM

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QUOTE(sdonexox @ Oct 5 2015, 09:15 PM)
There will be retrenchments in December that involve more employees
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so serious in oil & gas industries?


wh0cares
post Oct 5 2015, 10:10 PM

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QUOTE(iamhercules @ Oct 5 2015, 09:25 PM)
so serious in oil & gas industries?
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wait till crude oil price drop to USD20-30, you will see the effect.

sukhoi35mk
post Oct 5 2015, 10:25 PM

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when crude oil is dropping...it's a very bad news for upstream but it's a damn good news for downstream and vice versa .... while upstream is scaling down...downstream is gearing up... alot of upgrading works going on to improve operation and productivity....

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