Heard that PML has let go of quite a few permanents..(this week)

Its been a while since the last time i went job hunting. Old oledi dont want to hop from job to job and conpany to company. Need to go back to shipbuilding. Field operator life looks very fragile these days. Oo....well, thats life.

For next phase of the project?

Berantai team. More to come soon...

I was with Lemongrass. That roles is for Rapid PMC for the Fluor-Technip JV.

I posted a job ads from Boustead at previous V9 thread. i guess its for RNM project.

Another contact of mine getting an offer from McDermott on last Friday but she turn down the offer as she is getting a permanent roles from other Co.

Stress mak uols lel. Hope I will be getting mine next week?

1 - Deferred for 2 years :: this is enough to cause damage to the industry in SEA. All companies associated with PFLNG2 cant move on to deliver their stuff.

So i guess the worst is yet to come...

Spoke with my boss who recently had a meeting with our NOC. He told me NOC will start letting go of their perm staffs end of march...

And for pur business in SEA, this year will be tough because of over supply of the rigs especially on the jack up segments, clients cut capex and also low day rates...

Need to keep head above the water!

I thought our NOC has a town hall in early March where the changes would be announced.
http://www.thestar.com.my/business/busines...pated-townhall/

Anyway, let's get through the doom and gloom by arming ourselves with knowledge. Link below to the EIA's short term energy outlook, with info on production, consumption, price forecasts etc.:
https://www.eia.gov/forecasts/steo/index.cfm

Note: I think the production forecasts would be updated in the next release (March 8, 2016 ) based on the latest OPEC production freezes.

Possible they announce first and then these people leave end march.

Wah..they are going to let go perm staff..wow. Vss?

Latest "khabar angin", the big brother will let go 6000 staff, in stages.

Other PSCs will follow suit?

This post has been edited by Stamp: Feb 22 2016, 01:34 PM

Its not rumors anymore. VSS are happening for real soon.

For PET or for all companies??

The CAPEX and OPEX reductions were rolled out to PSCs as well.
But can our NOC really impose manpower reductions to PSCs? Maybe just remove the cost recovery above a certain amount of headcount ? Which would be the same as far as they are concerned.

no the PSC's will manage their headcount themselves.

Still waiting...

Seems that Supply Chain of McDermott has issue several offer letters to its candidates... Deparment Cost & Contract sedang menunggu... Few Finance and HR peoples already onboard... And now they actively recruiting for Engineering and Marine Department...