another round?


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Drilling bits also supply by smith/baker hughes/etc...


traditionally the rig crews are coming from manpower supply and work up the ladder until become a direct hire employee with the drilling contractor...

Nowadays, many of the drilling contractors have their own fact track programs to develop certain key position on the rig. Some companies are openly advertise and some are only for internal program. Key positions that i mean are driller (driller trainee program), subsea engineer (subsea trainee), mechanic, electrician, electronic technician trainee program, DPO trainee, BCO trainee...these positions will be on the rig..

They also sometime have an engineer trainee program, management trainee program, rig manager trainee program to develop future rig operations engineer, rig manager, rig asset manager, etc which will base onshore.

Bro, congrats on completing your degree. I suggest you start reading from V1, i believe some people already discussed about this. Good luck. Cheers

Bro, what kind of subsea project that you are working on? I think there are a few sites/forum that you can get info from like oilpro.com or linkedin,maybe.

Saw a few vacancies in the jobstreet portal;

Tendering Engineer - Cameron Solution Sdn Bhd
Planner - Mcdermott
Various openings for KNM Process Systems Sdn Bhd
Senior Cost Estimator - Aker Solutions
Cost Engineer - Technip

Services giant Weatherford said Wednesday it plans to lay off 3000 more employees by the end of the year, with cuts targeting support positions.

Nobody working on the rig require to work under the sun all day.

This post has been edited by meonkutu11: Oct 24 2015, 09:58 PM

Good morning guys!

UMW Oil & Gas Receives LOA to Supply UMW Naga 7 Jackup to PETRONAS Carigali

UMW Oil & Gas Corporation Berhad (UMW-OG) reported Wednesday that UMW Offshore Drilling Sdn Bhd, a unit of UMW-OG's UMW Malaysian Ventures Sdn Bhd, has received a Letter of Award from PETRONAS Carigali Sdn Bhd (PCSB) -- the upstream arm of Malaysia's national oil company Petroliam Nasional Berhad (PETRONAS) -- for the provision of a jackup for the latter's drilling program.
Under the contract, the firm will assign its UMW NAGA 7 (375' ILC) for the PCSB assignment, covering seven firm wells with an extension option of one plus one well. Drilling of each well is estimated to take a minimum of one month, with the contract commencing Oct. 15.
UMW-OG did not indicate the contract value, but said in the filing with local stock exchange Bursa Malaysia that "the abovementioned drilling rig services is expected to contribute positively to the earnings and net assets of UMW-OG Group for the financial years ending Dec. 31, 2015 and Dec. 31, 2016."

Murphy to slash workforce by 23%

US independent Murphy Oil aims to trim its workforce by 23% compared to a year ago as it looks to trim overhead and improve efficiency amid low oil prices.

Divergent Views on Optimum Oil, Gas Staff Size in Malaysia

PETRONAS Not Rightsizing, Staff Redeployed to RAPID

Layoffs should be your last resort, not your first resort because once you lay them off, they are not going to come back to you,” Sharmini Ann Jacob, KPMG’s director of People & Change, and management consulting ASEAN, told participants at the event.

As layoffs during an industry downturn could potentially include a skilled or talented staff, such action could be detrimental to the company’s longer term interests.


- See more at: http://www.rigzone.com/news/oil_gas/a/1413...h.48oULPQF.dpuf

Chevron Chops Capex Budget In Half Over 4 Years, Lays Off Another 7,000


By 2018, Chevron may be spending only half of 2014 capital expenditure levels. That would be a massive $20 billion reduction in annual investment spending in just four years.

In budget commentary this morning, Chevron communicated a much bigger cut than expected for 2016 and outlined budget contraction through 2018. Specifically, Chevron plans to cut capital and exploratory expenditures for 2016 to $25-28bn, roughly 25% below 2015 levels. About a month ago, we outlined expectations for a 20%+ reduction in North America E&P spending next year, but global spending contraction has been expected to lag North America. Chevron's news shows global industry contraction next year could be worse than expected.

By 2017-2018, the oil major expects further reductions will take spending down to the $20-24bn level. The low end of this guidance range is approximately half of the company's 2014 budget of $39.8bn.

The massive curtailment of spending wasn't the only jarring news in Chevron's 3Q report. Chevron's total headcount will be reduced by 10%, representing 6-7,000 more O&G job cuts. This is well past trimming the fat - muscle is being cut now.

The only silver lining in the news is that these cuts (and similar cuts in the pipeline from Chevron's peers) will lead to the kind of global oil production response necessary to set the stage for recovery. And deep cuts like this suggest the response will come sooner rather than later.

Vantage Drilling removed from NYSE

INTERNATIONAL: Further to an IHS Petrodata report from 15 September, Vantage Drilling has been notified by the New York Stock Exchange (NYSE) that it no longer qualifies for listing on the exchange and has been removed.
On 14 September Vantage was notified of the exchange's determination that trading in the stock was immediately suspended and preparation of filing for removal from the exchange was directed to the Securities Exchange Commission. The contractor did appeal the delisting decision to the hearing panel. The appeal was withdrawn one day prior to the scheduled hearing date. Consequently, all conditions have been met resulting in the final decision to remove the security from the NYSE at the opening of business on 16 November.

PETRONAS Not Laying Off Permanent Staff Despite Current Market Gloom

http://www.rigzone.com/news/oil_gas/a/1415...nt_Market_Gloom

Solar Alert, I guess..

Dont loose hope bro n sis....keep on trying...some friends that got retrenched managed to get new job, some are still looking...

P/s: Managed personal expenses wisely..this is where 'emergency fund' come into play...

I heard technip no more vss, straight MSS..

Aker also next round will be MSS

Correct me if i'm wrong..

I would say please do more research on the business product that you will be working...see if the line has a good demand or business in this region....

My friend last time join one of the service company under gravel pack, then no contract transfer to casing and then to liner and then MWD and got retrenched...

My 2 cents...

This post has been edited by meonkutu11: Dec 1 2015, 07:00 AM

Schlumberger To Cut More Jobs As Drilling Downturn Bites


NEW YORK, Dec 1 (Reuters) - Oil service company Schlumberger announced another round of job cuts on Tuesday, adding to 20,000 already this year, as low oil prices and a slowdown in drilling was expected to continue into next year.

The layoffs, which will incur a pretax restructuring charge of about $350 million in the fourth quarter, are the latest sign of continued pain in the oil industry as oversupply continues to weigh on prices and cut profits for even the largest companies.

The size, location and timing of the cuts were unclear.

"The latest leg down in activity has led us to again evaluate our staffing levels against expected activity. Following which, we will further right-size the organization based on the activity outlook for 2016," said Patrick Schorn, Schlumberger's president of operations, at a speech on Tuesday in New York.

"It has become clear that any recovery in activity has been pushed out in time," he said.

A glut of oil and a steep drop in prices from over $100 a barrel in June last year to $40 this week has rattled the industry and forced drillers to idle rigs and let workers go.

Schlumberger, the biggest oil service company globally, has led the jobs cull in a series of layoffs this year. Rival service firm Baker Hughes has cut over 16,000 jobs, while Halliburton has cut around 18,000. Oil producers, including Chevron and Shell. have added to those numbers.

Swift Worldwide Resources, a staffing agency, said last week that there were more than 230,000 layoffs globally since the downturn began.

(Reporting by Edward McAllister; Editing by Jonathan Oatis)

- See more at: http://www.rigzone.com/news/oil_gas/a/1418...h.bjyYJGNe.dpuf

can meet up for TT session Tuan...

my office just next to NZ Garden....few minutes walk from Tower 3...

p/s: im not a DE.


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