Another shale fuel player from US bankrupt, Samson Resources Corp.

It's the biggest bankruptcy case within the industry in US.

Forbes forecast the next to be bankrupt will be SandRidge Energy、Goodrich Petroleum、Swift Energy、Energy XXI and Halcon Resources which market value have shrunk > 90% since 2014.

Any different? Also  greatly affected

Anyone got interview invite for QP via AP recruitment?

Mind to elaborate bro? They emailed me for interview session on the 13th. Since this is my first time applying via AP,  any expectation that i should aware of?

Shell VSS in the news today..

I was told by my friend that by Oct most likely they will start axing. Just like u mention,  10 people for only 5 post for example.

you sure that shell need petronas approval for new hiring????? 

current situation is mainly due to low crude price and their PSAs signed 10-20 yrs ago are expired with no further renewal from Petronas... and it's also more and more difficult to do business here as well...

i think it's all about transparency that impacted staff should know the news few months ahead so that they have time to prepare for their future or career.... last time, BP only gave their staff 3 months notice before kene chopped..

then u need to recheck with the HR again.... alot of ppl in shell are hired by bosses sitting thousands kilometer away.... Shell malaysia is just a base company  from HR point of view....  common sense will tell u right that if u want to expand your business e.g. retail which petronas dagang is the direct competitor.... u have to ask ur competitors who you can hire in order to compete with them?    alot of shell staff in malaysia do not have bosses in malaysia and local chairman even has no control over them...

This guy above just gave out the biggest B/S of the year. I am working on a project with Shell and i can confirm that most of their Malaysian employees are Chinese..85% or so. Those based at the KL  Project office..

so what are you doing rite now? heading to west working at there?
or still struggling looking for new job? and wasting your time in front of pc, commenting in forum & try to feed people how unfair O&G industry in malaysia? 

don't be a sore loser my friend. Different in opinion & not agree with your statement doesn't mean that person is butthurt.  
Matter of fact, judging from all your posting here, the butthurt person actually is you. 

Move forward la my friend, here is not personal facebook wall to distinguish their feeling, how unfair is life, bla..bla...bla..
From 10 statement made by you, 8 is baseless. But yeahh, rite..... whoever have different opinion with you is "butthurted fanboy that still leaving in denial feel more butthurt" rite? lol.. 

For key personnel to handle a project for eg the pm, most probably yes. It require petronas approval.

But if you are talking about to hire a tea lady or trainee engineer yet require approval from petronas I think it is just bs.

Yeah right, look at the major contractor supporting Petronas and look at the Board of Directors. Or you want me to quote their names?

KNM? Wah Seong? Dialog Group? Muhibbah? Yet I still bet you gonna pick on Sapura (minus the Kencana - another Chinese dominated organization) & THHE. Alibaba? Racist? Take a peek inside man, take a peek and gimme your piece of mind. Look at the so-called diversity in their organization. Oh, I forgot that Petronas is the biggest bigot of all.

I choose to join the Chinese dominated company and I excelled in it instead of blaming others racist. I took my chance in O&G as it gives me more challenge and more money. When the economy is bad, just embrace it as the risks comes with the job. What industry isn't impacted? I was around in 2010 when semiconductor manufacturing was impacted. Life isn't rosy in newspaper/publishing company too as physical paper is deemed redundant. Palm oil industry also doesn't look bright now. It is bad but life goes on. Your career is by choice, not shoved down your throat.

If you are being VSS, grief for 1 day and get up again. Don't forever play victim. People will pity you one day but the pity will turn to hate.

His post was very discouraging when I first read it, I thought I was a known fact in local O&G (regarding Petronas decides who to hire in Shell). Felt depressed and demotivated especially in hard time like this, until you guys clarify it.

But still, I think it's true to some extent, there are a lot of barriers in this industry, especially in our country.

The problem with you is that your "facts" are FICTION to others. You confused "facts" with OPINIONS.

And clearly you have a black agenda against Petronas and Malays in oil & gas. Your "facts" have no credibility.

And if ppl choose to live in denial, why should you care? You can't stand ppl not listening to you, that's your BIG problem.

Go bring your issues in RWI. Don't corrupt this thread with your irrelevant postings. You want to be a HERO, go post in RWI. There are many perasan bagus ppl like you in RWI.

what is the impact to M'sia O&G industries after Shell axed upstream job?? Heard Petronas will follow suit??

Shell already cut 2000?

Soon everyone here will ignore and block your post.
It has become more and more irrelevant.

another round?

wait till crude oil price drop to USD20-30, you will see the effect.

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....

Arab Saudi won't let the crude oil price to drop below USD30 since their oil equivalent production cost is about there. I feel that crude oil price had gone to its lowest level and its trending up pending OPEC' meeting.

But let's comeback to talk about career in oil and gas.