QUOTE(mohdyakup @ Jan 8 2016, 10:22 AM)
Totally Agree. haha Oil & Gas Careers V8, Upstream and Downstream, Crude Oil (WTI): USD 45.22/bbl
Oil & Gas Careers V8, Upstream and Downstream, Crude Oil (WTI): USD 45.22/bbl
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Jan 8 2016, 09:52 AM
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Junior Member
236 posts Joined: Dec 2010 From: KL/JB |
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Jan 8 2016, 11:05 AM
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Senior Member
1,842 posts Joined: Jan 2003 |
QUOTE(supersound @ Jan 8 2016, 09:14 AM) Latest is USD18 prediction Notice this trend for sometime oledi. This will more hurt our economy just because want to safe the profits of certain company. Many people will lost their job from this while they hiring cheap foreigners. Government will be very happy for that as they can get alot of tax from there.At USD36, Petronas just only borrow rm5B to pay raise CAPEX, using their reserve to pay dividend latest is they don't renew local contract, instead, giving new contracts out to companies that hires only Indons and India's Indian. So it will be very intersting when the oil price really touches USD18, since Petronas upstream needs USD40 to break even with current wastage way of running the business. Sigh. What to do?? |
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Jan 8 2016, 11:14 AM
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Senior Member
4,351 posts Joined: Oct 2009 From: Bintulu, Sarawak |
QUOTE(knight @ Jan 8 2016, 11:05 AM) Notice this trend for sometime oledi. This will more hurt our economy just because want to safe the profits of certain company. Many people will lost their job from this while they hiring cheap foreigners. Government will be very happy for that as they can get alot of tax from there. Be cool. And pray.Sigh. What to do?? |
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Jan 8 2016, 11:23 AM
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Senior Member
4,351 posts Joined: Oct 2009 From: Bintulu, Sarawak |
What is the progress of MLNG PAF 7 Tank Farm project right now? EPC - JGC
There will be expansion project for RGT-1 (FSRU) at Sg Udang Melaka. EPC JGC + Muhibbah. |
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Jan 8 2016, 11:37 AM
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Junior Member
161 posts Joined: Jan 2015 |
QUOTE(thedarktraveller @ Jan 7 2016, 06:28 PM) Hello fellow grease monkeys... Question: I'm currently doing sales (and holding other sub-processes like tenders, project) in a well-known German company. Been working for almost a year now. Thing is, I don't find this position as challenging and am looking to do something technical. Could you guys point me in the right direction where I can find technical positions like design, etc? I'm a Chemical Engineering graduate from a recognised UK university, if that helps in any way. hey, why dont you apply for exxonmobil? they're looking for chemical engineering graduate from overseas.. |
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Jan 8 2016, 11:51 AM
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Senior Member
4,351 posts Joined: Oct 2009 From: Bintulu, Sarawak |
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Jan 8 2016, 12:07 PM
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Senior Member
1,551 posts Joined: May 2009 |
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Jan 8 2016, 12:28 PM
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Senior Member
3,491 posts Joined: Jan 2013 |
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Jan 8 2016, 01:00 PM
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Senior Member
920 posts Joined: Jun 2007 |
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Jan 8 2016, 01:32 PM
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Senior Member
888 posts Joined: Mar 2011 |
Good opportunity to join EMRE now. EMRE has been expanding since 3 years ago when it first started. Once in EMRE sure get a chance to travel few times to the downstream plant you are supporting overseas (fly business class). Not sure if now got cost cut a not. Some work few years get overseas assignment as expat.
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Jan 8 2016, 02:07 PM
Show posts by this member only | IPv6 | Post
#2011
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Senior Member
11,554 posts Joined: Aug 2009 |
QUOTE(knight @ Jan 8 2016, 11:05 AM) Notice this trend for sometime oledi. This will more hurt our economy just because want to safe the profits of certain company. Many people will lost their job from this while they hiring cheap foreigners. Government will be very happy for that as they can get alot of tax from there. Well, this is what will happen when petronas goes against the market norm. Whole world are trimming down manpower but Petronas still keep on hiring people for no reason.Sigh. What to do?? |
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Jan 8 2016, 02:17 PM
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Junior Member
93 posts Joined: Jul 2014 From: KL |
QUOTE(supersound @ Jan 8 2016, 02:07 PM) Well, this is what will happen when petronas goes against the market norm. Whole world are trimming down manpower but Petronas still keep on hiring people for no reason. When the Brent goes low enough, say USD 15/bbl, the national oil company will surely downsize its employees. It's just a matter of time.The company needs to stop hiring now; albeit its own local & overseas scholars. |
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Jan 8 2016, 02:22 PM
Show posts by this member only | IPv6 | Post
#2013
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Senior Member
11,554 posts Joined: Aug 2009 |
QUOTE(flash7 @ Jan 8 2016, 02:17 PM) When the Brent goes low enough, say USD 15/bbl, the national oil company will surely downsize its employees. It's just a matter of time. But not for Petronas, as it is political base driven.The company needs to stop hiring now; albeit its own local & overseas scholars. All GLCs are the same, applying racial policies, keep on hiring not need employees just to get votes. MAS was the best example for the recent 2 years When the price touches USD40, most O&G companies are suffering already. Like Royal Dutch going to buy a bankrupt company by laying down some of the employees and selling off assets worldwide just to get cash for this century bail out. |
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Jan 8 2016, 02:28 PM
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Senior Member
4,351 posts Joined: Oct 2009 From: Bintulu, Sarawak |
All O&G Co. need to stop hiring... Ehh pendapat aku ke laut...
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Jan 8 2016, 03:01 PM
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Elite
2,163 posts Joined: Jan 2003 From: the muddy banks of the wishkah!! |
QUOTE(mhyug @ Jan 8 2016, 12:07 PM) dah ada org tegur dah...abis la badi melarat.QUOTE(mohdyakup @ Jan 8 2016, 02:28 PM) Yes. O&G should stop hiring, in fact should stop any drilling activities & production, shutdown at all. Waste money pay dividend, bla..bla..bla.. Government almost bankrupt.Retrench all staff, all price down but still demand big salary. All companies o&g is driven by politicians. We must change the party ruling this country so oil price will hike up to USD200.00 per barrel. All you working in o&g just lick the politicians/bosses balls so much, thats why u still have a job & enjoy big salary. Please resign, stay in front of pc & talk kok, be a keyboard warrior. Whoever not agree with be live in denial life. Please wake up & smell my shit. Haa...amacam, puaka tak opinion aku? |
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Jan 8 2016, 03:06 PM
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Senior Member
4,351 posts Joined: Oct 2009 From: Bintulu, Sarawak |
QUOTE(BaRT @ Jan 8 2016, 03:01 PM) dah ada org tegur dah...abis la badi melarat. Ehh tak puaka lagi. Petronas should give dividend to Govt Rm30bil this year so that they will bleed. Lepas tu mansuhkan PDA1974, all fair and square. Petronas CEO & Chairman must be non-Bumi. Bumi staff tengok tepi.Yes. O&G should stop hiring, in fact should stop any drilling activities & production, shutdown at all. Waste money pay dividend, bla..bla..bla.. Government almost bankrupt. Retrench all staff, all price down but still demand big salary. All companies o&g is driven by politicians. We must change the party ruling this country so oil price will hike up to USD200.00 per barrel. All you working in o&g just lick the politicians/bosses balls so much, thats why u still have a job & enjoy big salary. Please resign, stay in front of pc & talk kok, be a keyboard warrior. Whoever not agree with be live in denial life. Please wake up & smell my shit. Haa...amacam, puaka tak opinion aku? Kalau mampu tukar kerajaan laa. Kalau tak duduk diam, jangan harap nak tuka PDA1974. Ehh aku macai ke? |
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Jan 8 2016, 04:02 PM
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Junior Member
93 posts Joined: Jul 2014 From: KL |
QUOTE(supersound @ Jan 8 2016, 02:22 PM) But not for Petronas, as it is political base driven. It is not about GLCs or playing racial cards, it is about when the crude oil price is low enough, the national oil company will start giving VSS. They will retrench their staff sooner or later. Most of the contract workers have been discontinued. I think they would prefer to terminate project team/dd first and keep the operation guys around. At least that is in PCSB, where the root source of money comes from production.All GLCs are the same, applying racial policies, keep on hiring not need employees just to get votes. MAS was the best example for the recent 2 years When the price touches USD40, most O&G companies are suffering already. Like Royal Dutch going to buy a bankrupt company by laying down some of the employees and selling off assets worldwide just to get cash for this century bail out. |
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Jan 8 2016, 04:06 PM
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Senior Member
1,356 posts Joined: Feb 2007 From: somewhere in Perak... |
My colleague just got Petro Rabigh as permanent. Package quite good. Hmm, is it good now join there?
(^__^) |
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Jan 8 2016, 04:10 PM
Show posts by this member only | IPv6 | Post
#2019
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Senior Member
4,351 posts Joined: Oct 2009 From: Bintulu, Sarawak |
Join bro. Permanent some more. Family package?
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Jan 8 2016, 04:46 PM
Show posts by this member only | IPv6 | Post
#2020
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Senior Member
11,554 posts Joined: Aug 2009 |
QUOTE(flash7 @ Jan 8 2016, 04:02 PM) It is not about GLCs or playing racial cards, it is about when the crude oil price is low enough, the national oil company will start giving VSS. They will retrench their staff sooner or later. Most of the contract workers have been discontinued. I think they would prefer to terminate project team/dd first and keep the operation guys around. At least that is in PCSB, where the root source of money comes from production. But still no news, permanent staffs still have work. Hiring still on going, only through normal HR process will take years while going through back door takes 2-3 months.Contract workers are getting "retrenched" as per what Petronas said last year, which is still retrenchment just for the sake of petronas taking steps. RAPID's secondary projects are being awarded with lower $$$$$ but still must pass through rm1 Alibaba companies that owned by division chiefs. As long as petronas don't stop this rubbish by this year, it will be too late when the oil price really hit USD20 |
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