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

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SUSsupersound
post Jul 3 2015, 04:13 PM

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QUOTE(abgkik @ Jul 3 2015, 04:10 PM)
I'm currently working on shallow water project..  20 years lifetime of equipment to be provided..
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So you are trying to say that got a contract means still got oil?
For a Malaysian company to sign such good deal is normal, just like Brahim's, on the spot got 25 years.

SUSsupersound
post Jul 3 2015, 07:00 PM

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QUOTE(Stamp @ Jul 3 2015, 06:41 PM)
Who on earth would want to invest billions of ringgit in platforms development if there's no oil?
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Got, like Syed Mokthar invest rm10 billion to DRB Hicom whistling.gif
SUSsupersound
post Jul 4 2015, 10:30 AM

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QUOTE(feekle @ Jul 4 2015, 09:22 AM)
I know they got office in miri, piasau area..seems empty though
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Well, there's a lot of Ali Baba companies that working for Petronas, so no worries whistling.gif
No Ali Baba companies = project cannot move = songlap operations stopped = cronies have to rob and steal whistling.gif
SUSsupersound
post Jul 4 2015, 04:37 PM

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QUOTE(Stamp @ Jul 4 2015, 04:26 PM)
You are too stupid to be taught, literally translated from "bodoh tak boleh diajar".
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Why not you admit your self that you are trying to deny me?
Now the world are either scaling down or cancelling mega projects.
Even newspapers also mentioned on this. But surprisingly only people in Lowyat forum still says t is good shakehead.gif
Maybe is because you guys joined the right Alibaba company, that's why still can have songlap projects whistling.gif
By the way you reply me by yusing insulting words already proved that you can't get any point to deny my fact.
http://biz.sinchew.com.my/node/118444?tid=7
Wait, yup, BP are spending USD18.7B to run projects, projects to clear oil pollution recently whistling.gif
Are you talking about this hmm.gif
http://biz.sinchew.com.my/node/118451?tid=18
But read on this, yup, indeed drilling are still on. From last time all fully rented, now still got 5 pending to be rented, drilling market are quite good, this is what you are trying to say shakehead.gif
http://biz.sinchew.com.my/node/118238
This is even better, make more business for banks whistling.gif

SUSsupersound
post Jul 4 2015, 09:49 PM

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QUOTE(mzain @ Jul 4 2015, 07:17 PM)
mtk tlg otai2 bg pandangan. sy dpt offer utk umw oil n gas skim latihan 1 malaysia. dia mcm on the job training utk 4 months kt umw oil and gas tp xtau lg dept mana. and satu lg dpt offer kerja utk satu company oil and gas jgk tp kerja not related sgt dgn educational background sy which is petroleum engineering. kerja dia bkn engineer tp buat analysis drpd pipeline report.

so skang tgh dilema.

1)kalau accept offer sl1m umw oil and gas, HR umw oil and gas tu ada ckp lps habis program tu diorang xjanji akn absorb as permanent.

pros: - kalau sy accept offer ni sy akn dpt experience dlm bidang sy study
        - sy expect kalau perform time on the job training tu maybe dia akn hire
cons: - xsure akn absorb as permanent staff utk umw
        - kalau xdpt kerja dgn umw tu xsemestinya dpt offer kerja lain plk after 4 months tu

2)kalau accept offer kerja dari company oil and gas tu sy akan start kerja next month.

pros: - kalau accept offer ni at least dpt kerja drpd duk menganggur kt umah
        - dpt experience kerja walaupun tak related dgn bidang sy
cons: - nanti dah start kerja kalau nak lompat kerja yg related bidang sy, rasa mcm rugi plk experience yg dah ada
        - rasa rugi belajar engineering 4 tahun tp kerja tak related dgn engineering sbb kerja dia more to buat analysis
        - takut bila dah masuk kerja ni susah plk nanti nak masuk engineering

p/s: minat sy more to buat something yg required to go outside office. kerja mcm dkt service company or maybe operator company. sbb kerja analysis tu just kerja office and analyse report. no need to travel to go to platform or plant.

mtk tlg otai2 bg pandangan sbb sy still fresh grad. nasihat anda semua sgt sy hargai  biggrin.gif
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Tak kira apa-apa, dapat pengalaman dulu lagi penting.
Kadang-kadang apa yang kau belajar tak semestinyer dapat kerja kat bidang itu.
Dalam kehidupan sekarang, cari makan lagi penting dari cari makna.Biasa kat syarikat masa bikin team building instructor akan cakap kita patut cari makna.

QUOTE(HappyHampers @ Jul 4 2015, 09:27 PM)
ali baba company means ?
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A company that opened and getting government's projects.
SUSsupersound
post Jul 5 2015, 09:39 PM

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QUOTE(Binyamin @ Jul 5 2015, 07:01 PM)
In your definition do you mean a BP company that only sub out government work to other companies is considered ali baba?

The term ali baba is usually used in reference to stealing.
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Well, I only knows 1 thing, those that are working in Alibaba company will not admit that he is working in Alibaba company.
SUSsupersound
post Jul 6 2015, 10:36 AM

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QUOTE(langstrasse @ Jul 5 2015, 10:19 PM)
You sure or not? I think those article are just talk cock only, as per most of the trolls here.
The fact is, upstream suffer more than downstream. Now is the mega refineries to bloom compare to smaller scale refineries whistling.gif
But sadly, RAPID is not considered as mega refinery.
For a refinery that can be justified as mega refinery, it is required to process crude oil that are high in S2, something like Khafji, Oman or Arabian Heavy and yet still Euro4 or higher compliant.

QUOTE(yunodie @ Jul 5 2015, 10:36 PM)
Please dont feed the troll. Dont sink to his level.When no attention is given, he will get bored and moved on to troll some other threads.
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His level(including you) are lower than me, how to be same whistling.gif

QUOTE(mzain @ Jul 6 2015, 02:41 AM)
so u advice me to go for the job? because i'm afraid that bila masuk analysis tu nanti susah nak masuk bidang petroleum eng.
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Yes, gain experience first. I've seen some graduated join different department in O&G company. And they do bloom later on thumbup.gif

QUOTE(feekle @ Jul 6 2015, 08:41 AM)
As far as i know ali baba = Bumiputra as board of director (for licensing & govt requirements) while non bumi behind pumping money for the company.
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Alibaba can be opened by anybody, as they will take money then sub the job out later on.
SUSsupersound
post Jul 6 2015, 11:22 AM

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QUOTE(E Crew @ Jul 6 2015, 10:43 AM)
Dear all sifus,
a quick question...why hydrotest is preferable over pneumatic test when it comes to testing pressure vessels ?  sweat.gif
any guidance is very appreciated..  smile.gif
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Hydrotest can be as high as 100bar, pneumatic only up to 2bar.
SUSsupersound
post Jul 9 2015, 12:32 PM

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QUOTE(meonkutu11 @ Jul 7 2015, 04:11 AM)
....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.
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I think is another hoax whistling.gif

QUOTE(TheReaderReads @ Jul 7 2015, 10:22 AM)
It is official.

Press release from Technip themself...

Crude Brent Oil price just topple down to USD57 today!

http://www.technip.com/en/press/technip-press-release
This news may be the start of many things to come in a near future...  unsure.gif
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I doubt so, since most of the sinkalanssifus here are telling they are still getting high pay and more projects coming in shocking.gif

QUOTE(jamaluddin4 @ Jul 7 2015, 10:56 AM)
Maybe not affect Malaysia business since Technip got RAPID project. Currently need lot of people.
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Now this is the right statement Lowyat forum needs thumbup.gif
SUSsupersound
post Jul 9 2015, 12:34 PM

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QUOTE(jianh @ Jul 6 2015, 08:26 PM)
There's been words about Petronas having to cover up 1MDB's debt.

Google search yielded nothing so far. That's why I come here to confirm anything before believing anything. Anyone to shed some light on this?

Sound to me like pretty serious if it is true.
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That's why they are dumping Petdag, PChem, Petgas price.
They won't openly "bail out" 1MDB.
Just like TNB recently "bail out" 1MDB by buying the power generation project.
SUSsupersound
post Jul 9 2015, 12:35 PM

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QUOTE(InF.anime @ Jul 8 2015, 05:50 PM)
Shell Sabah upstream is cutting headcount this month?
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Total will be 1000 from upstream laugh.gif
SUSsupersound
post Jul 9 2015, 12:41 PM

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QUOTE(InF.anime @ Jul 9 2015, 12:36 PM)
Not sure you're serious or...
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Time will tell, time will tell that am I bullshitting or not.
7 months ago I said got a shocking new will happen in Malaysia and it do happens.
The fact is, when oil price are good, all O&G companies will keep on taking staffs. And when oil price down, they will retrench or reduce the manpower. is normal practice hmm.gif
And why they can easily cut such big number? Is because those positions are not needed. So for those people that get retrenched, should be thankful on eating blind salaries for the period of got a job icon_rolleyes.gif
SUSsupersound
post Jul 9 2015, 04:58 PM

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QUOTE(kockroach @ Jul 9 2015, 04:41 PM)
So have you get used to the life now?
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Nope, since I only know insider stories and just a hawker. So retrench 1000 or lay off 10000 won't affect me.
Just I feel funny is, such group of people are still living in denial world. Like "Shell" IT staffs is the best example.
SUSsupersound
post Jul 9 2015, 09:53 PM

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QUOTE(arju @ Jul 9 2015, 09:32 PM)
any job opening in selangor or KL. keen to move.
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If your intention is to sleeping main office for O&G companies, do wait till oil price reach USD80-100, now they are currently slashing manpower kaw kaw whistling.gif
SUSsupersound
post Jul 9 2015, 10:16 PM

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QUOTE(Binyamin @ Jul 9 2015, 10:03 PM)
Oil and gas is one of the 2 major industry in Malaysia. Depending on where your business is if the oil and gas industry goes so will your hawker f and b business. Besides oil palm, O and G and manufacturing, most of the other industries are just riding the backs of the 2 major malaysian industry. So be careful what you wish for.

Edit: The hedge funds here don't seem to be affected at all, maybe not yet.
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Not really, oil products are not really essential. Like now 1 person 1 car, when situation worsens, 5 person in a car.
I only sell cheap food, so when situation worsens, people will still come.
That's the main difference between this.
SUSsupersound
post Jul 10 2015, 07:31 AM

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QUOTE(meonkutu11 @ Jul 10 2015, 05:43 AM)
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!
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Thanks for digging my history.
I get sacked because I insulted the westerners on doing the right work.
But in management level, doing the right thing in the wrong time and wrong place will be wrong.
SUSsupersound
post Jul 11 2015, 12:42 AM

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QUOTE(langstrasse @ Jul 10 2015, 10:07 PM)
http://oilpro.com/post/16390/sample-curren...employment-scam

An example of a recruitment scam. Something to be wary about, especially given the current industry situation - there'll be more desperate people seeking employment around, and the scammers would certainly be aware of this situation and would want to jump on every opportunity.
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Well, most people that slept worked in O&G companies will never learn, so is quite easy for them to get cheated, since they got the money with the easy way. Easy come, easy go whistling.gif
SUSsupersound
post Jul 11 2015, 04:28 PM

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QUOTE(Stamp @ Jul 11 2015, 02:40 PM)
which refinery ya?
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From PD, Perak now Kedah whistling.gif
Just read the word "to study" already can tell such project will be plan and discussed for the next 10-20 years.
Nearest already have an Indian mega refinery, Reliance, Vietnam's newly built refinery with capacity of Melaka + Paka + Petron + Shell capacity X2 whistling.gif
Another 3 more under construction in China.
And all of such refineries are able to produce almost all chemicals and Euro6 ready.

This post has been edited by supersound: Jul 11 2015, 04:37 PM
SUSsupersound
post Jul 15 2015, 11:54 PM

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QUOTE(InF.anime @ Jul 15 2015, 10:37 PM)
One of my friend went upstream for 8 moths now get retrench. Happy man when relocate, after 1 months moved to new role, fuel prices plunge like no tomorrow. Finally now have to move on.
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At least he wake up from the dream, sure he will success later on in different field.

SUSsupersound
post Jul 18 2015, 01:36 PM

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http://www.therakyatpost.com/business/2015...-sales-to-asia/
http://www.therakyatpost.com/business/2015...s-europe-sales/
Hope to see oil price at 45 thumbup.gif

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