Crude Oil Price fast fast go up pls!!!! My bonus and increment is coming!!

Haha, i know if crude oil price rising will effect economy of Malaysia such as petrol price will go up...whole Malaysia burnt...

Lucky i already move out

Yup, as long as we can secure a job, should be happy. I only worry about my increment, my company announce due to oil price the increment for staff has been decreased plus  a lot of colleagues proposed to promote by their manager but rejected by senior management.. My manager promised me to submit promotion proposal to management to promote me but i afraid management rejected it due to oil market bad....  

True

Yes, you are right, as long as we have a job + wont starving all the time already consider blessed in this world 

Wa... so fast announced no increment for you... but you have maximum salary ...
For me is different, when i join company they press down my salary, but when i perform well in the first year and my boss wanna promote me, the oil price drop and my chance of getting promote is low too bad for me to holding the salary which only ngam ngam to live but cannot save more money..

So, you will go back to MIDDLE EAST??

Any of you have tips on breathing test for medical checkup?

I have done it last year and passed after like 20+ attempts

I have to do another one soon and feels very anxious about it

Just one last obstacle before offshore life

I have just done my today. the 5th attempt only succeeded. just as usual. take a deep breath, hold and like "cough" into the mouth holder.

Thanks for the advice guys, I've done it today three times all pass. Perhaps because I've stopped smoking since last year.

Pertamina bids for majority stake in Southeast Asian refinery

Which refinery is that   

(^__^)

@ RAPID? 

it's not rumor actually, as this is high level management discussion, anyhow, from what i heard, the direction still maintain, just waiting for the news

(^__^)

PERTAMINA buying Shell PD Refinery?

They buying time. Dear jib kor created so much shit in 1MDB.

Hope he and all 1MDB board members die with those debts instead of asking petronas to bail them out.

Most refinery here also shut down. Take advange to change DCS system.

I know is it normal for construction to delay

But what keeps malaysian worried is this 1MDB. Petronas wont be interested in bailing out those fellas. RAPID is giving people jobs even in the future.

If petronas is forced to bail 1MDB chances are we wouldnt see RAPID even take off.

Well, the current contract holder on behalf of PETRONAS for RAPID is Fluor-Technip JV PMC hehehehe

Fluor-Technip roles as PMC is more into EPCM for RAPID.

It would be the EPC contractor's will be sweating their bloods and tears chasing for schedule hehe.

I really hope they do that. RAPID will have long term prospect both job and growth for the country when oil is falling short in exploration. At least until someone can create a new method of drilling high pressure and deeper depth for Tapis.
But by not taking petronas money, the rakyat suffer a lot through lost of EPF money.

Kompeni aku nih taik rupanya. Hmm. Everytime I saw your posting its always a negative remarks. Nak sentap pun tak guna jugak. Chillex jer lah.

I dont know your past, your vengence, but not everything is gloomy during this downturn.

maaf bang, actually my point was the oil was running short lately. Building a new mega refinery is the future to sustain the future generations of  malaysian and the rakyat.

Regarding the Tapis oil. Tapis oil is good oil that have low/no sulphur content, thus there is not much need to so refining at all. These kind of oil you can take and pump straight to the car and it will burn well.

So to elaborate further, there is a reserve at Tapis at deep depth(i cant remember, my dad knew there is oil deeper) that petronas till today still cant drilling that bugger right out of that. What exxon found for petronas was just a vein that links to a big reservoir. The french had tried to drill for pertronas to reach that depth, they drilled for 1 month nonestop but failed due to the technology and pressure was too great for the BOP at that time.

Not too sure if anyone had figure out how to solve that problem till today.

Malaysia's Petronas Posts 39% Drop in 1Q Profit on Global Oil Slump
KUALA LUMPUR, May 22 (Reuters) – Petroliam Nasional Bhd , Malaysia's state oil company more commonly know as Petronas, reported on Friday a 39 percent drop in quarterly net profit due to a drop in benchmark crude prices.
Net profit was 11.4 billion ringgit ($3.18 billion) for the January-March period, compared to a profit of 18.8 billion ringgit in the same period in 2014, Petronas said.
Revenue for the quarter was 66.2 bln ringgit against 84 bln ringgit in the prior year period.
The company said quarterly profits were impacted by lower revenue due to a 50 percent drop in benchmark crude price, but was helped by higher processed gas trading and better LNG sales volume.
It maintained a projection for crude oil prices to average $55 a barrel in 2015.
Petronas will pay a dividend of 26 billion ringgit to the Malaysian government in 2015, lower than the dividend of 29 billion ringgit it paid in 2014.
Unlisted Petronas is Malaysia's only Fortune 500 company and accounts for most of the government's oil and gas revenue. ($1 = 3.5830 ringgit)
(Reporting by Anuradha Raghu; Writing by Praveen Menon; Editing by Muralikumar Anantharaman)

Would front liners have jobs if those in the office did not work to develop and install the facilities offshore?

agak2 la tapis no need refining.    still need distillation maa. if you said tapis dont need desalting that is true as salt content of tapis was very low during its initial period around 1990 if im not mistaken lah, but now tapis need desalting as salt content is typical like other light crude.

tapis still being fed to PSR1 and PSR2 refinery in melaka and PPT in terengganu.