just don't act big cock in front of the subcontractor or vendor, they know more than you.

Probably because you are talking cock all the time. What facts? A lot of rubbish is all I see. You try to obfuscate your arguments with your area of knowledge with some innuendos and conspiracy theory about others. I can tell someone trying to show off but ending up looking damn stupid.

Most probably downstream will be out and upstream will stays?

....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.

Any1 know when does fmc wellhead pays their salary.  Some say 30th some say 7th the following month. Thanks

I don't work there . Friend who owe me money does. Always push responsibility toward the payroll for late payment.

please help me too. a fresh graduate petroleum engineering. been unemployed for a long time. applied a lot of companies. no results. even applied most of the companies from oga directories book but still nothing. linkedin, jobstreet, rigzone no respond. any advice or lubang to get into this industry?

i plan to do so. but it quite hard to get into other industry because my programme is petroleum engineering. it is a specific programme which mostly we learn about ong industry. if u have any advice on what industry i can apply to please let me know as i am already applied some of the companies that are not so related with ong but still no reply. please 

Shell Sabah upstream is cutting headcount this month?

Not sure you're serious or...

Hi there, its my first time in this thread. Just wondering if there is anyone from Petronas OSC here?i will report for duty next month. 

Yup bro, you work there? Care to share some experience or working environment there? 

Nah, ive got a post as a Production - Instrument technician there. Maybe more into process/field operator scope. Btw. im a graduate from Instep 

Senior I feel proud of you.. honestly
But can you post more constructive /positive reply instead of pessimistic comments. Thank You

This forum thread has been hijacked by a doomsayer who doesn't contribute anything positive to the intent of this thread.

There is always a rare breed of very very thick skin goody goody over inflated big ego people in the internet who couldn't get the hint that their presence in a forum thread like this is not welcomed.

Is it worth for me to change my career from Consultant (Oil  gas) into Upstream Contractor at this moment.

I am quite worry as global crude oil prices continue to sink and most effected on Upstream sector..

Thread title will be update only when the price touches USD62. I already monitor this for quite some time already, TS will only update when the price are higher than what he posted, when it goes lower, no update will be done
Because most people that are active in Lowyat forum still living in their denial life of O&G heaven
Do forgive them for being ignorant on bad days are on the way

Another VSS in action...