I wonder KBB Phase 2 project is on the go? Currently they are doing for infill drilling campaign.

Just finish watching The Runner & Best of Me. O&G fags should watch lelz.

Sunday, 31 January 2016 | MYT 6:56 AM
Billionaire Warren Buffett's Berkshire resumes buying Phillips 66 stock

NEW YORK: Berkshire Hathaway Inc, the conglomerate run by Warren Buffett, has resumed its purchases of Phillips 66 stock, and spent roughly US$832 million in January to boost its stake even as the oil refiner's profit margins narrowed.

According to a regulatory filing on Friday night, Berkshire paid about $198 million this week for 2.54 million Phillips 66 shares, its first purchases of the stock since Jan. 14.

For all of January, Berkshire bought 10.81 million shares, giving it 72.29 million overall, or a roughly 13.7 percent stake in Houston-based Phillips 66. Those shares were worth $5.79 billion as of Friday's market close at $80.15.

Phillips 66 is Berkshire's sixth-largest stock holding, regulatory filings show.

On Friday, Phillips 66 said quarterly net income fell 43 percent from a year earlier to $650 million, or $1.20 per share.

The decline resulted in part from lower crack spreads, or the difference between the cost of oil and the price of refined products, and asset writedowns resulting from low commodity prices.

Excluding items, Phillips 66 reported profit of $1.31 per share, topping analyst forecasts.

Berkshire previously invested in ConocoPhillips <COP.N>, which spun off Phillips 66 in 2012.

In February 2014, Berkshire swapped much of its Phillips 66 stock back to the company for a chemicals business. It began rebuilding the stake early last year.

Berkshire announced the new Phillips 66 purchases a few hours after the Omaha, Nebraska-based company completed its largest acquisition, a roughly $31.7 billion purchase of industrial components maker Precision Castparts Corp.

Buffett has said Berkshire would spend about $23 billion of cash on that acquisition, and finance the rest.- Reuters

Which project you been assigned with Samsung C&T? RGT2? Ethylene? Tower 101? Power Plant? To be honest, working with this coimpany itself is a good exposure, definitely makes your profile boleh dijual among recruiters. I recommend you choose Construction roles (Construction Engineer/Construction Supervisor). You can switch between Upstream and Downstream O&G project easily, and not only confined for O&G sector but also for normal civil construction as well. And good pay too in the future.

Yaa that one good too. Early day of Texas oil exploration hehe

That roles from KPOC requires 2-3 years experience, yes you can try your shot.

C&S, M&E, I&E is transferable to O&G construction and fabrication line, especially if you want to switch to O&G fabricator (those one who are amongst Petronas licensed fabricator for modular construction), or petrochemicals construction for example.

KPOC cakap ini.

Itulah. Dah la aku ni boroi, pelahap pulak tu. Ingat nak apply Exec Purchasing for KPOC tu, tapi bila aku terkenangkan those retrenched personnel in C&P from Murphy, Lundin, Petrofac, Shell, Bumi Armada etc rasanya peluang aku tipis. Sure ramai nose dive rate punya.

For those whose email sent to KPOC being bounced back, I suggest you send your hardcopy via Poslaju to address as mention, or reach En Ali Imran HR of KPOC tomorrow via phone. Google KPOC general line.

This post has been edited by mohdyakup: Feb 1 2016, 04:30 PM

Aku dah agak punya MMC-Gamuda tak lepas. KIV. Well at least I try my best. Mungkin belum masa lagi kot aku nak jadi manager heeeee

In the mean time, F2F interview with BP ASPAC this Thursday. Nak kena prepare betul2 pasal base oil lube blending plant environment. So is there anyone from Foster Wheeler who use to work at Petronas Penapisan Melaka on 2008 for base oil project? Or Chevron Pulau Indah? Mohon share. Hehe

Good read.

Send your CV to nurul.huda@csgtalent.com.sg

To be honest, they are a bit worry to hire O&G peoples for MRT project. Put aside salary concern, diorang takut candidates akan jump once oil price picking up. Aku dah bagi commitment that I willing to be bonded, pun tak lepas jugak hahahaha. Maybe I am lacking of civil construction project experience which hinder my application.

I must say benefit wise of MMC-Gamuda is not bad though. Boleh tahan.

I just found out that most of KPOC vacancies is to be based at their Kota Kinabalu office.

Non O&G join O&G boleh masuk, tapi bila orang O&G nak masuk non-O&G tak bagi peluang pulak. INI TIDAK ADIL.

Lelz

KPOC applicant - send your CV to ali.imran@kpoc.com.my

Bear in mind that almost all of the job vacancies posted by KPOC is to be based at Kota Kinabalu office.

Unexpected phone interview I will have tomorrow with one of the EPC contractor who having WWTP/Effluent project for one of Rapid Pengerang package.

Its called Wabag.

http://www.wabag.com/wabagmedia/wabag-muhi...-rapid-project/

They forming a JV with Muhibbah for this package.

If you wanna try your luck for this project, sent your CV to charmaine.seng@spencer-ogden.com

Numerous PMT roles & vacancies available. They are looking for experienced personnel around 6-10 years.

Wish me luck tomorrow. Lelz.

Its still premature to talk about price recovery right now. The volatility is still persist, if the oil price doesn't recover within USD 40 to 60 bbl region, there will be not much project to come onstream right now.

This post has been edited by mohdyakup: Feb 1 2016, 08:24 PM

This is interesting. Although Dyas BV has minority shares of interest of this farm out, will it be a potential PSC player in Malaysia Upstream?

Anyone has any idea what is happening with Salamender exploration activities right now?

Seems that my email to KPOC sudah boleh masuk hehe memang tak boleh pakai that general email address.

Petrofac E&C Sharjah