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

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langstrasse
post Jan 6 2016, 09:03 PM

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QUOTE(mohdyakup @ Jan 4 2016, 09:30 AM)
Thanks for sharing. It's a very informative article.
langstrasse
post Jan 9 2016, 08:37 PM

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An article about Saudi Aramco. The size of its reserves and it's estimated value is just mind boggling:

http://www.bloomberg.com/news/articles/201...ague-of-its-own
langstrasse
post Jan 10 2016, 10:03 AM

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QUOTE(mohdyakup @ Jan 9 2016, 10:37 PM)
I am wondering how does outsider like us to subscribe IPO of Aramco. Must have CDS account at KSA banks? During this downturn, this is perfect time to buy it. Once oil price reach 80-90 dollar per barrel, can smile later...

Inb4 I am poorfag..
*
I have no idea lol. First of all it would depend on which stock market it is listed.

Googling around I found the Saudi stock market (Tadawul) website, but the English version of the site isn't very helpful.
http://www.tadawul.com.sa/wps/portal/!...z9gmxHRQCHg5RU/

Best would be to ask a Saudi friend I guess.

And yes, if this IPO does happen, my guess is that the pricing would be steep. Small fish like me can just read the news and google la laugh.gif laugh.gif
langstrasse
post Jan 11 2016, 08:06 PM

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To those who have lost their jobs, would it be beneficial to pursue their studies ? Say for a one year duration while waiting out the low oil price period.
This would be a good time to do a master's course or something.

Of course, this is only if it is financially feasible (no crazy loan commitments or dependents) and if the selected course actually being relevant to future employment.
langstrasse
post Jan 12 2016, 07:12 PM

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QUOTE(mohdyakup @ Jan 11 2016, 10:29 PM)
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...
*
Pretty much every "established" training course in the industry is insanely expensive. I guess it's a matter of saving your bullets and choosing those or THE one course which would be the most relevant. But surely the training providers themselves would be aware of the state of the industry and should be giving better rates.

QUOTE(kuli2sahaja @ Jan 11 2016, 11:21 PM)
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.
*
Sadly, I think you might be right about the 1 year duration.

I suppose if someone really wanted to play it safe, then they could choose a course which would be relevant across industries ? This should be easier for Facilities folks. Subsurface people might find it a little more challenging I suppose.

I hate to say this but a "Plan C" would be to take a course to re-orientate towards another field altogether. But damn I wish I never have to make this choice.

 

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