another otai came back via Talentcorp, last i heard kslee79....
So is it you secured the job first and apply to TalentCorp or apply first and they will look for available/suitable job for you in Malaysia?

Labuan to gain from stacking rigs, vessels - Part 1

Though oil prices have inched up to about US$66 (RM235.62) per barrel, they are still 17.5pc below the US$80 per barrel deemed a reasonable level at which Petroliam Nasional Bhd (Petronas) may resume drilling contract awards, especially for marginal fields.

Until then, rigs off contracts and offshore support vessels (OSVs) are making their way to the stacking grounds.

There are 29 O&G companies listed on Bursa Malaysia and many more that are related to the industry. The depressed oil prices have shaved off on average 46pc from stock prices since June last year. The industry is now facing lower corporate earnings and possible loss of jobs due to Petronas’ move to cut capital expenditure and production.

Popular stacking grounds in the region include Johor waters, the Bay of Brunei in Labuan and Batam Island in Indonesia. Sources say the number of stacked rigs and vessels in these locations has more than doubled since the turn of the year, and is steadily rising.

Market observers have warned that from 26 rigs operating in Malaysia today, a rapid decline to 10 can be expected by year-end.

With contracts few and far between, rig owners are feeling the pinchi, and forced to crunch the numbers to decide the fate of their fleets.

Rigs and vessels without a contract can be kept in an active state or ready-stacked. In this state, regular maintenance is carried out by a crew and the vessel is ready to embark on a contract, for example, in anticipation of a spot contract. Spot contracts are lucrative, high-margin contracts. Thus, it is the norm for 0&G players to idle a vessel or two in anticipants of such deals.

Most O&G players treat their stacked vessels like a closely-guarded secret. In Malaysia, rig owners include Bumi Armada and Yinson, with its fleet of Floating, Production, Storage and Offloading (FPSO) units. Others include MISC Bhd, Perisai Petroleum Teknologi Bhd, Gryphon Energy and UMW Oil and Gas Corp Bhd. Global players SapuraKencana Petroleum Bhd and Bumi Armada have a more diversified fleet operating in international markets.

Several rigs and vessels of local players are being stacked at Johor Port and Labuan, according to sources. Checks on Rigzone and Marinetraffic reveal Bumi Armada has several OSVs and a tug stacked in Labuan, while SapuraKencana has several tender rigs stacked.

The source also reveals MISC has FSO Cendor stacked in Johor waters awaiting a contract, while MOPU Dua is believed to be stacked in Sarawak waters.

It has been reported that six of UMW’s jack-up rigs are seeking new charter contracts this year, with its eighth jack-up, Naga 8, scheduled for delivery later this year. The Naga 2 is believed to be undergoing routine dry docking at Malaysia Marine and Heavy Engineering’s yard following Vietnam’s Hoang Long JOC’s move to shorten its contract. Naga 3 was released last month and UMW is seeking further work for both units in Vietnam.

Perisai Petroleum said two weeks back it was exploring the possibility of deferring taking delivery of its second jack-up rig, pending its securing of a rig contract with a shipyard. Its new-build jack-up drilling rig, Perisai Pacific 101, began operations last August.

Labuan to gain from stacking rigs, vessels - Part 2


Ian Craven, director of Icarus Consultants, an O&G marketing and contracting services company, said multi-purpose drilling vessel Norshore Atlantic, which recently completed a top-hole drilling programme for Shell Malaysia in the Malikai field, is believed to be heading to the stacking grounds.

Talisman Malaysia Ltd has issued a termination notice to Seadrill jack-up West Vigilant, on farm-out to Shell; it will return to Talisman before being released this month. Meanwhile, Craven says Shell Malaysia will release the Ensco 105 jack-up rig next month and CPOC will release the Ensco 106 in August.

Craven also reveals the Perisai 101, leased to Petronas Carigali Sdn Bhd (PCSB), is being offered on a farm-out to Hess and SapuraKencana Energy, both of whom have drilling programmes scheduled to start this year.

“PCSB is also trying to farm out the Maersk Convincer, on a contract until November which will run out of work by September. PCSB may decide to terminate the rig’s work and pay the termination fee if it cannot farm the rig out,” he says.

Most of the rigs stacked in Malaysian waters belong to international players such as Diamond Offshore, Maersk, Transocean, Noble and Ensco. Craven says the drop in oil prices has triggered a wave of rig and support vessel cold-stacking, likely to lead to the scrapping of old rigs. Given Malaysia’s fleet is young, he doubts the local market will see any scrapping activity.

Diamond Offshore and Ensco have both recently cold-stacked floaters in Labuan, according to Craven. “Over the past three months, three floaters were stacked, bringing a total of nine rigs cold stacked around the region. There were six other rigs cold-stacked in Labuan which are now to be scrapped,” he adds.

He also notes there are 24 rigs in a warm-or hot-stacked state, without contracts. He believes the number could double by year-end if no new work materialises and some of these will also be cold-stacked.

“Hercules has 11 jack-ups cold-stacked and we are likely to see more of this as rigs roll off contracts during the year, with prospects for follow-on charters receding by the day. Paragon, for example, has only three rigs cold-stacked today but has 22 rigs becoming available this year,” Craven warns, adding most of these rigs should be scrapped, not cold-stacked.

Craven, who has been in the O&G industry for about four decades, says since 2012, the 91 new jack-ups that entered the market were absorbed, with contracts readily available. However in December, for the first time two jack-ups delivered were left idle with no available immediate contracts. He believes this trend will continue this year, especially in the second half.

He adds the market is set to receive 120 new-build jack-ups scheduled for delivery between now and early 2017, of which 52 are speculative and for sale. With about 200 new rigs scheduled for delivery in the next six years, adding to the rising count of stacked rigs, the glut will affect revenue as the day-rate rig owners are able to command drops. Those with older fleets may need to consider scrapping rigs to keep revenue streams at profitable levels.

Labuan to gain from stacking rigs, vessels - Part 3

As of April, Baker Hughes Inc. one of the world’s largest oilfield services companies, reports a 50pc decline in the number of rigs drilling for O&G in the US since the industry’s high in October last year of 1,609 rigs.

Early last month, only 802 rigs were actively drilling. Historically, this should translate to a lower production.

However, due to the shale-oil boom, US production is expected to hit 9.5 million barrels per day this month, up from nine million barrels last November.

Nevertheless, experts claim the bulk of the oil production is from newer rigs built in the last two years that can support production despite lower oil prices. As wells dry up, production is expected to decline in Q3 and this could fuel a rebound in oil prices.

While the slowdown in the O&G industry has hit most players, a new others, especially those in shipcare services, are having a field day. Johor Port Bhd said it is embarking on an expansion of its Offshore, Inspection, Maintenance & Repair (OIMR) centre to cater for the growing demand for cold and warm-stacking.

Johor Port reveals the plan is to create more berthing space in the existing OIMR area. As a multi-purpose port, the expansion will also cater for the rising growth in bulk and break-bulk cargoes.

Johor Port says its capacity for stacking is 60pc, with six drill rigs cold-stacked within port limits. Several OSVs are also cold-stacked in its waters.

“For rigs, cold-stacking depends largely on the draft, the type of rig; for example, if it is jack-up or semi-submersible, as this involves anchor patters that take up more space,” it explains.

The port also notes there are several others rigs warm-stacked, with owners carrying out periodic survey and maintenance jobs as well as replenishments; in addition, some are in route to mobilisation or demobilisation.

A Labuan source says the number of stacked rigs rose to 13 in April, from a previous count of just three. These comprise jack-ups, semi-submersibles and drillships, some of which are owned by local players. The total number of vessels stacked in Labuan Port has doubled to 58, most related to the offshore O&G industry.

He explains at least 80pc of the rigs are hot-stacked, awaiting contracts. He believes several have bagged contracts and will soon move out but the short-term nature of the contracts will see these rigs and vessels back in Labuan waters before long. However, given the state of the O&G industry, he does not foresee most of the hot-stacked rigs moving out any time soon.

The source says depending on services required, rig owners who stack their rigs in Labuan could fork out anything from US$6,000 to US$30,000 per month for maintenance and stacking.

coming for work or for stack? huhuhu

MMHE Clinches $86.3M Contracts for 4 Projects in Malaysia


Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) reported Monday that its wholly owned subsidiary, Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), has clinched contracts worth $86.3 million (MYR 324 million) which involve offshore structural component fabrication works; hook up and commissioning and related topside construction work for facilities improvement project as well as for marine repair and conversion works in Malaysia.
The first contract is for the fabrication of substructures and bridge for the Baronia CPP-B project located offshore Sarawak. The substructure consists of jacket, piles, appurtenance and relevant auxiliaries and services where MHB will be the subcontractor for Hyundai Heavy Industries Co Ltd. The CPP project is for the Integrated Baram Delta Gas Gathering II (Bardegg II) and Baronia enhanced oil recovery (EOR) project offshore East Malaysia. The total estimated weights of these structural components under MHB’s scope is 10,736 metric tons and are due for load-out and sail-away to the ultimate client being PETRONAS Carigali Sdn Bhd (PCSB) in March 2017.
For the second contract, MHB has been confirmed as the contractor for PCSB – Facilities Improvement Project Package C: Peninsular Malaysia offshore operations. MHB will provide facilities improvement work that entails hook up and commissioning, major construction such as topside modification, structural and mechanical retrofit and other related works and services. The contract tenure is for two years from June 2015 until June 2017 with the option of a 1-year extension.
The third project is a repair life extension project and dry-docking for two liquefied natural gas (LNG) carrier vessels for MISC, namely ‘Puteri Intan’ and ‘Puteri Delima’. The scope of work involves reinforcement work, retrofitting and boiler repair among others. Both vessels, each at 73,519 deadweight tonnage, are scheduled to arrive in June and complete by early September this year.
The final contract is the conversion of a vessel into a floating storage offloading (FSO) facility for E.A. Technique (M) Berhad that entails demolition, refurbishment and installation works. The vessel is expected to arrive at the yard in July 2015 and is targeted for sail-away by end June 2016. Upon successful conversion and delivery, the FSO Nautica Bergading will be deployed for a full field development project for the North Malay Basin (NMB).
MHB Managing Director and CEO, Abu Fitri Abdul Jalil said, “We are making good progress in replenishing our work order. MHB has now secured close to $106.6 million (MYR 400 million) worth of projects for the year to-date. We are reasonably optimistic of building up our order book and are actively bidding for a number of sanctioned projects domestically and internationally”.
“The award of these projects is also a reflection of our commitment to project execution and delivery that are critical in the upstream oil and gas sector. MHB continues to place emphasis on quality and cost within our core business segments as part of our ongoing transformation initiatives”, Abu Fitri added.

Tuan Yakub,

Are you one of the people behind this deal?


MEO Australia, Brooke Dockyard to Cooperate on E&P Projects in Malaysia


MEO Australia Limited reported Wednesday that the company and Malaysia-based Brooke Dockyard & Engineering Work Corporation (Brooke) today signed an agreement to form a consortium to cooperate to identify and jointly bid on oil and gas exploration and development opportunities within Sarawak and the whole of Malaysia.
Under the agreement, MEO will provide technical assistance and opportunity evaluation assistance to Brooke and in return Brooke will fund the evaluation activities and the exploration component of joint bids for successfully screened opportunities that meet the collective criteria of the partners. For the initial opportunity to be considered under the agreement, Brooke will have a 75 percent participating interest and MEO a 25 percent participating interest.
Brooke will bring strong local Malaysian content to MEO having access to local fabrication and construction capability, for both onshore and offshore facilities.
The parties have also agreed to work together in a suitable framework to develop and operate oil and gas prospects to the mutual benefit of their stakeholders, shareholders, local community and people of Sarawak.


Article Date: Wednesday, June 17, 2015

Jon,

From what i know many of the roustabouts start their career from catering crew/galleyhand. For example, when a roustabout got promoted to roughneck, the rig normally will fill in the empty spot by promoting the galleyhand. of course they will look for someone that willing to learn and young!

Also there is a case you straight join as a painter and then to roustabout or straight to roustabout.

Normally the above positions come from manpower company. Some of the companies that you can search are;

Bayong Resources (based in Miri and most of the crews are from Sarawak and Sabah)
Gas Offshore
OCB - http://www.ocbme.com/careers.html
Sodexo
Adecco

The certificate required are BOSIET and Offshore Medical.
The company will pay for the training cost. But for the start, I guess you have to pay it for yourself..

Bear in mind that there are many rigs currently finished the contract and many of the rigs are stack(cold or warm) and more are coming to join the 'stack' fleet. So many of the rig crews are released after the rigs stack.

Goodluck!
I knew one banking graduate joined the rig as a roustabout (from Bayong) and currently he works with halliburton.

Rigzone 2Q Survey Reveals Oil, Gas Companies Reluctant to Hire


Still grappling with market uncertainty, 51 percent of global hiring managers decreased their hiring efforts in the past three months, according to Rigzone’s latest global hiring survey. Additionally, 13 percent have completely frozen their recruitment plans.
Since oil prices bottomed out in mid-March, the industry has seen slight increases in oil price per barrel, but not enough for oil and gas companies to feel comfortable enough to actively increase hiring plans in the near future, the survey revealed. In fact, 54 percent of global hiring managers said they believe job cuts are more likely in the next six months and 65 percent expect to experience a loss of budget for approved headcount in 2015. Since the beginning of the downturn, globally, the oil and gas industry has already seen more than 150,000 jobs lost.
A very valid concern among oil and gas companies during a downturn, especially with the continued challenge of the Great Crew Change, is employee attrition. According to the same hiring survey, almost 70 percent of global hiring managers expect an anticipated decline in voluntary departures of employees throughout the next six months.
Despite the decreased hiring and recruitment efforts, opportunities still exist for oil and gas companies to secure skilled workers, with 81 percent of global hiring managers expressing that the candidate pool has grown in the last three months and 34 percent said the time to fill open positions has shortened in the last three months. Additionally, 70 percent indicated candidates are not asking for more compensation compared to three months ago.


Article Date: Thursday, June 25, 2015

which surveyor that we are talking here? I guess it is not a class surveyor or marine surveyor. I have a few friends enjoy their good basic salary and great allowances. Their expenses claim can reached rm20k/mth.One friend at Petronas Maritime travel 3-4 times a month to perform OSVIS and his claim as what i mentioned earlier..I think same goes to MWS.

Probably one who works with as offshore surveyor (i.e fugro) didnt get high basic salary but the offshore allowance could compensate the total take home $$....

Good prospect for surveyor that they have a great chance to do freelance and when this happened, they set their own price.

my 1.5cents...0.5cents used for sahur...

Goodluck

it is possible.

the guy that i mentioned, he got degree (non engineering) and he self sponsored to take IWCF Well Control certificate. And he willing to dirty his hands and do roustabout and roughnecking.
now he is in completion division.

another friends joined Baker (fishing), baker (mwd) & smith (fishing)...same route, roustabout>roughneck>pumpman>assistant driller then join service company....

but looking at the market now, the people looking for jobs are many than jobs available...not many are hiring...brace as advised by others....and syukur....

This post has been edited by meonkutu11: Jun 27 2015, 04:44 PM

I'm not sure. Experience + Certificate , I guess.

What I know is Class (ABS,BV, etc) will provide all the necessary trainings. Some of my friends already went for the ISPS & ISM training which qualified them to become an Auditor. (quick search in Linkedin will tell you what the surveyors JD and Certificate).

For the marine/ship surveyor at Client (Shell, etc), obtaining OVID certificate will make you more valuable.

http://maritimewiki.org/wiki/Offshore_Vess...Database_(OVID)

a very good lesson bro..Thanks for sharing..

prepare for the worst...plan for the best...

p/s:- completed cold stacking ops for one more rig...huh..

saw many rigs here (jack up and semis) at Johor port / TLP...stacking mode...more to come, of course...

This post has been edited by meonkutu11: Jul 2 2015, 03:58 PM

i saw 3 or 4 rigs at quayside pasir gudang and 8 rigs at johor port and TLP anchorage area...

no bro..we're rig owner..went to the rig for the close out after complete preservation job..

please define 'almost completed drilling' & 'recently'?

morning all,



Attached thumbnail(s)

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....another round....


Technip announces it will reduce its global workforce by 6,000 as part of its restructuring efforts due to the industry downturn.

Paris-based engineering company Technip S.A. is the latest oil and gas company to announce layoffs as a way to combat a “challenging environment in oil and gas.” As part of its restructuring plan, Technip will lay off 6,000 of its 38,000 employees from its global workforce. The cuts will be implemented over the next 18 months, a Technip spokesperson told Rigzone.
The layoffs come as part of the company’s decision to “accelerate its cost reduction and efficiency efforts worldwide,” according to a statement released by the company. The restructuring plan is expected to save the company over $918 million – almost $775 million will be delivered in 2016 and the remainder in 2017.
A significant part of the restructuring plan addresses the onshore/offshore segment’s “unsatisfactory performance,” including reducing the company’s presence in some onshore/offshore markets where profitable business is unlikely. This is expected to take place in Europe, Asia and Brazil. The company will reinforce investment in key geographic and technological areas, such as FLNG (floating liquefied natural gas). In the subsea sector, Technip will further reduce its fleet, with plans to reduce two more vessels in addition to the two vessel reductions previously planned. This will bring the total number of vessels to 23.
Technip chairman and CEO Thierry Pilenko said in a release that “the slowdown in the oil and gas industry is prolonged and harsh” and that the restructuring “will have tough consequences for employees across the Group.”
Technip joins a host of other companies who have implemented workforce reductions (a total of more than 150,000 jobs lost globally) and restructuring plans as a means of dealing with the volatility of global oil prices.

So as you also got retrenched, I wonder what is your feeling on eating blind salaries during your tenure in the middle east?? Are you not being 'thankful' as you should? It was a good reminder to yourself tho...peace!

SapuraKencana Bags $212M Deal for Mumbai High South Redevelopment Project

SapuraKencana Petroleum Berhad, a Malaysia-based integrated oil and gas services and solutions providers, disclosed Monday that its wholly-owned subsidiary company, Kencana HL Sdn Bhd (now named SapuraKencana HL Sdn Bhd), has been awarded a $211.95 million turnkey contract by India's state-owned Oil and Natural Gas Corporation Ltd. (ONGC) for the Mumbai High South Redevelopment Phase - III Project offshore India's west coast.
Under the contract, the workscope includes but is not limited to surveys, design, engineering, procurement, fabrication, transport and installation, hook-up, and commissioning of three new wellhead platforms, around 72 miles (116 kilometers) of submarine pipelines, around 4.67 miles (7.5 kilometers) of submarine cable, modification works on existing platforms including clamp-on works on two platforms, subsea repair works on three jackets and D1C pile remedial works.
"The contract agreement was signed by both parties and executed June 27 at Mumbai, India," SapuraKencana said in a filing with local stock exchange Bursa Malaysia.
Work on the ONGC contract is scheduled for completion on April 30, 2017.


Uzma Clinches Contract from PETRONAS Carigali for D18 WIF Project off Sabah

Malaysia's oilfield services firm Uzma Berhad (Uzma or the Company) reported that its wholly-owned subsidiary company, Uzma Engineering Sdn Bhd, has clinched a contract from PETRONAS Carigali Sdn Bhd (PCSB) -- the upstream arm of the country's national oil company Petroliam Nasional Berhad (PETRONAS) -- to lease, operate and maintain the D18 Water Injection Facility (WIF) offshore Sabah.
Under the contract, Uzma will carry out complete engineering, construction, installation, commissioning of WIF and provide the operation and maintenance services, the firm said in an announcement on Bursa Malaysia.
Work on the five year contract, valued at $91.91 to $105.04 million (MYR 350 to 400 million), will commence March 31, 2016.



VESTIGO Flows First Oil at Tembikai Field Offshore Peninsular Malaysia

Malaysia's national oil company Petroliam Nasional Berhad (PETRONAS) announced Tuesday the commencement of oil production at the Tembikai field under the Tembikai-Chenang Cluster small field Risk Service Contract (RSC) located offshore Terengganu, Peninsular Malaysia.
The field, which lies in water depth of approximately 230 feet (70 meters), is being developed and operated by VESTIGO Petroleum Sdn Bhd, a company established in 2013 and wholly-owned by PETRONAS Carigali Sdn Bhd -- the upstream arm of PETRONAS.
The Tembikai-Chenang Cluster is the fourth RSC that has been brought into production, after the Kapal-Banang-Meranti (KBM) Cluster, Balai Cluster and Berantai RSCs.
“Tembikai is the first small field RSC that has been successfully executed by a PETRONAS Carigali’s wholly-owned subsidiary. This achievement marks another significant milestone for PETRONAS in its journey to monetize and add value to small and stranded oil fields despite the challenges currently faced by the industry,” PETRONAS Vice President of Malaysia Petroleum Management, Muhammad Zamri Jusoh said in the press release.
Facilities for the Tembikai oil project includes a Central Processing Platform (CPP) that is connected to a Floating Storage and Offloading (FSO) vessel via a flexible subsea pipeline. The CPP utilizes the Seahorse light weight structure and it is the first to be installed in Southeast Asia.
“We are pleased with this momentous achievement in the development and production of small and marginal fields where we managed to deliver the project within the budget and ahead of schedul,” VESTIGO CEO Keith Collins added in the press release.
According to PETRONAS, Tembikai currently produces only from one well, while two more production wells are now being drilled. When completed, the three wells are expected to achieve peak production of around 2,000 barrels of oil per day (bopd).
With four RSCs already in production, Malaysia has two more RSCs in the development stage, namely Tanjong Baram in Block SK307 offshore Sarawak and Ophir in PM 305 offshore Peninsular Malaysia.
In its latest operational update on May 15, Enquest Plc indicated that development of the Tanjong Baram field was continuing and first oil was targeted by the end of first half 2015.
The Ophir RSC was awarded to Ophir Production Sdn Bhd (OPSB) -- comprising a joint venture between Octanex NL's wholly owned subsidiary Octanex Pte Ltd. (50 percent), Scomi Energy Servixces (30 percent) and VESTIGO (20 percent) -- in June 2014.
OPSB will execute the approved Field Development Plan (FDP) for Ophir RSC with planned development activities, including the drilling of wells, the installation of a production platform and export and storage of oil via a floating storage facility. The development phase will cost an estimated $135 million, with first oil production expected in 18 months.