200% agree!

Heheheh. Yes, we must never stay ignorant. But it is always better to stay positive (there is a difference) This is like the 1984 period all over again.

Not to be a naysayer, but these added value courses aint cheap... CSWIP, API training...

Its my dream to pursue CIPS/MCIPS/PMP a while ago but with the current commitment that I have need to hold that intent for a while...

Congrats guys. I'm also taking a massive pay cut. Pretty much consider a fresh grad pay on another industry even though I have a decade of experience. Rather earn less than to earn none. Days with lucrative pay are over.. Can't complain.

If you are financially able why not?
One year to wait out the oil price i think not.
From all the news and forecasts imo it will take a very long time for the industry to recover.
Maybe other sifus can enlighten their opinion more on this topic and hopefully none of the sarcastic remarks.
There are alot of people affected and the number continues to grow, last week a few of my friends got the axe again.

If it pays the bills then why not right?
Same boat, salary grade as freshie and different industry so start everything from the bottom.

Course details: HERE

Sifus2 here, which one is recommended course in terms of good career path for the future with current economic situation? and high demanding in industry with just nice salary

p/s: I'm just graduated with a degree in Chemical eng. tech. in process

https://sg.finance.yahoo.com/q?s=CLG16.NYM
A good Tuesday to begin with oil price closed strong. A happy Chinese New Year for all since people can enjoy lower fuel price to offset price increased of other goods.
Heard that Petron will be giving out 5-6 months of bonus while Shell about 2-3 months.

This post has been edited by supersound: Jan 12 2016, 07:10 AM

Recommend NDT & Painting/Corrosion Inspection. During plant turnaround & shutdown easy to get a job.

Will be based on DNV-GL Software Singapore, i'm not programmer, i'm just a newbie who has 2 years experience involving in fleet management system development life cycle - doing requirement analysis, testing, implement, training users and support, and few years engaged in bank IT project and technical support.

A DNV-GL HR consultant approached me last week and asking me whether interest to join the Singapore software team.

Job description -The Software Implementation Consultant’s primary activities will be focussed on ensuring proper and successful implementation and use of the Maritime Software portfolio of DNV GL Software within clients’ organizations.

Appreciated your comments, abang yakup.

Steam plant engineer will have better prospects comparing to others.
As a graduate, it should not be hard for you to do the calculations, what you need to learn is operating the boilers.
Now this is the problem, most steam engineers in the market only knows 1 side of the job, like a graduated steam engineer only knows how to design and calculate but know nuts on how to operate. I on the other side, know how to operate but don't know how to calculate and design, yet I still got job offer as in a refinery, a person that knows how to operate a boiler more important than a person that knows how to calculate and design, since when a contractor building a boiler, all the operating parameters are specified.
Sleeping and huha officer are too common, the ex company I worked for got 40 people holding such cert but still can't get a post.
Inspection jobs usually are sub out, if for better career advancement, it is quite limited.

oil price now at USD31/barrel?

Anyway, who have official Malaysia oil production cost per barrel?

I have limited knowledge about floater, the taiko should be abgkik can advice you better. He is an Engineering Manager for a current floater conversion project at Southern yard area hehehehe

Petronas at least 35 if they started retrenchment, trim down projects from last year, but they still continue to hire, so should be somewhere like USD40-45.
That's why they are borrowing money for CAPEX for this year.
Without seeing the numbers, by looking at their report also can tell how much money they are losing every month as long as oil price stays at < USD50

you must be very close to the PM, since you have access to their annual report? Mind sharing the report?

Permanent or contract?

Read more newspapers especially on finance section. For a company to use its reserve to pay dividend is a bad sign, this is the initial sign of bad income/(OPEX +CAPEX) ratio. What is happening to Petronas now is what happen to Shell few years back. And now they are borrowing huge sum of money to continue to operate.
This is when people are over paying to oil companies on buying fuel. Price for Euro 5 RON97 is rm1.50 the most if importing from Middle East countries.
And with such situation, Shell and Petron are making huge sum of money as petron are buying from open spot market while Shell are making from low oil price.

I saw their website, MAERSK has chosen their shipmanager software. I think is more on shipping industry.
https://www.dnvgl.com/news/maersk-line-switches-to-dnv-gl-s-shipmanager-software-8113


Permanent job.

I dont understand which part WE as common citizen overpaying FUEL to OIL COMPANIES. Malaysia gasoline prices are not float to open market, its heavily subsidized, the price is set forth by the Govt, should blame the current Govt who continuously sucking and bleed Petronas money. Retail business is nothing for Petronas.

We should worry that if the current Govt keep sucking Petronas money to obliged it dividend payment, there is no room for future growth and expansion. Please dont compare our NOC to other IOC, its merely different business operating model.

When you enter debt market by issuing IPO and others, it doesnt mean that the IOC/NOC in deep trouble, you need to ensure a healthy cash reserves to sustain your daily operating and to fund current ongoing projects. This industry need to be grow over the long run - you dont want to miss the opportunity for big fat ROI when the industry recover.

No I am not jilat buah kerandut of Petronas, not even liking the current politic senario happening in our country right now, but please negativity wont bring us anywhere.