Yup, no urgency on HR side. I wish we could fire all of them wholesale. My RE friend was supposed to be converted and his contract expired 2 weeks ago. Still no news so recommending him to a headhunter who is looking for REs.

Hey guys, would just like your humble opinion on career and the current O&G situation. I'll be receiving an offer for a grad position in well engineering and would like to know what are your opinions in taking up this job? Currently working in a consulting firm with a decent pay of 3.5k not including allowances.

I'm highly interested in the MNC firm so changing from one industry wouldn't be a problem, just worried on how the oil crisis would affect my work and job progression the next couple of years.

Cheers!

Is it under contract basis? And is the company having their own well or supplying manpower under contract only?

Hey buddy, it's for a permanent grad position. There's this requirement to obtain a Master degree in Well Engineer which is also part of the program. So sounds like a work-study kind of job. I do believe there would be 2 exams spread across the 4 year study course which I assume is compulsory.

Hey buddy, it's for a permanent grad position. There's this requirement to obtain a Master degree in Well Engineer which is also part of the program. So sounds like a work-study kind of job. I do believe there would be 2 exams spread across the 4 year study course which I assume is compulsory.

If u have nothing to lose, just go for it. Plus u are getting sponsored. Most likely there will be bonds too. How long will u be bonded to this company if u are to be sponsored by this company?

Go for it 

Mhmm... Being bonded is another thing hahaha. Hopefully not too long... It plays a part in my decision to switch, but not that significant. Mainly I think I'm worried about job security but as a freshie I shouldn't be too concerned with this should I?

FYI, I just graduated at the end of 2014 so yeah, I'm pretty new in the workforce.

    BusinessAsia300

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December 4, 2015 8:21 pm JST
Petronas Chemicals' new plants
Awarding $882 million contracts to Samsung Engineering

KUALA LUMPUR (NewsRise) -- Two units of Malaysia's Petronas Chemicals Group awarded a total $882 million worth of two engineering contracts to a consortium led by Samsung Engineering Co. to build specialized chemicals plants.

    Samsung Engineering is partnering two other group companies -- Samsung C&Tand Samsung Engineering (M) Sdn Bhd -- to build facilities to produce linear low density polyethylene and ethylene oxide ethylene glycol. Petronas Chemicals expects both the contracts to be completed by April 2019, the company said in a stock exchange filing on Friday.

    The plants are expected to be located within a massive petrochemicals facility in the southern state of Johor. The announcement comes days after Petronas Chemicals handed out $482 million engineering contract to build a polypropylene plant in the same industrial facility to a consortium led by Italy's Tecnimont SPA.

    It is widely expected that Petronas Chemicals will offer more of such contracts in the next few months under the so-called Refinery and Petrochemical Integrated Development, or Rapid project.

    "All these big contract announcements will total up to $3.9 billion for Rapid and there should be more coming soon," said Maybank Investment Bank analyst Mohshin Aziz. "Peak capital expenditure years will be2017 and 2018, when Petronas Chemicals will spend 6 billion ringgit in each year."

    The Rapid project, anchored by the state-run oil and gas explorer, Petroliam Nasional Bhd, or Petronas includes a deep-water port and petrochemical and gas-import facilities, making it more of an integrated industrial complex. It will also house petrochemicals and polymer plants with a production capacity of nearly 3.5 million tons of differentiated and highly-specialized products.

    Establishing plants in the $14 billion Rapid project, is part of Petronas Chemicals' ambition to push further into specialty chemicals business, which typically commands higher margins than other downstream products. The Rapid project is also one of Malaysia's largest, aimed at attracting billions of dollars in foreign investments to spur economic growth.

    The company's investments toward the Rapid project is likely to boost its annual earnings from 2020 onwards, T.A. Securities said in an investor note.

    Petronas Chemicals can "well afford this project given its strong balance sheet, huge cash pile of 9.5 billion ringgit and operating cash flows of at least 4 billion ringgit per annum," the brokerage noted. The Rapid project is estimated to raise the company's olefins and derivatives annual capacity by 70% to 8.5 million tons in 2021, and expand Petronas Chemicals Group's product portfolio by 52% to 44 types, T.A. Securities said.

    The stock rose 0.3% to 6.75 ringgit on Friday while the benchmark FTSE Bursa Malaysia KLCI ended 0.36% lower at 1,667.87 points, its lowest level in two weeks.

Melissa Chima
Team Leader, Renewable Energy at Spencer-Ogden

Hi Drilling people sorry for the false start - please email your updated CVs to apacdrilling@spencer-ogden.com so we can call you back if any roles that come in are suitable as they wont be open for long!!!

Drilling fags kambing...

Day raters, MSCs and Contract Direct Hires are being offered permanent positions in Petronas but obviously, there will be massive pay cuts (for Day Raters and MSCs especially). So we'll see.

Ahh the "ignore mode" is such a blessing.

I am wondering whether this recruiters are feeling the job insecurities since they are focusing on the energy sectors and oil & gas mainly are not hiring...

Seriously Petronas still hiring? At this point of time I already feel Petronas is over staffed with a lot of redundant positions. Dah la PSC terms not on their side. Hopefully Petronas is making the right move if not our country only suffer and tax payers suffers.

Agreed on your points except on tax payer part. Since its inception, Petronas has never been bail out by the Govt, tapi tolong bailout for Govt tu adalah hahahaha **OFFTOPIC**

Too many reporting in Petronas. Lepas manager ada senior manager, lepas tu general manager, lepas tu senior general manager... Too many layer.

But again my proud for this NOC is there. Learn so much from them.

Seriously Petronas still hiring? At this point of time I already feel Petronas is over staffed with a lot of redundant positions. Dah la PSC terms not on their side. Hopefully Petronas is making the right move if not our country only suffer and tax payers suffers.

I saw a lot of vacancies at pengerang. Anybody here working at pengerang?

Os that a suitable place to bring a family to live there?
How the envinronment, facilities there?

Here is the example of my offer letter which stated overtime to be paid. Hope can guide you guys.

Ampelmann awarded a contract by Petra Resources

Press Release 27-01-2016

27th of January 2016, Delft – Ampelmann, the global leader in offshore access solutions, has secured its first contract with Petra Resources Sdn Bhd, with end client Petronas Carigali Sdn Bhd in Malaysia, to supply safe offshore access services in Sarawak waters during the monsoon period. Stretching from October to February, the monsoon period is renowned for its harsh weather conditions, making conventional offshore transfer methods less safe and efficient.

The Ampelmann A-type system compensates all vessel motions, thus providing a stable gangway for transfers, which significantly increases the safety for the workers. Furthermore, Ampelmann’s systems minimize the amount of ‘Vessel Waiting on Weather’ (WOW) days, which results in shorter project duration and lower project costs. The first transfers have been successfully completed in up to 3,0 m significant wave height.

Sander Zwanenburg, Business Development Asia-pacific: “We thank Petra Resources and Petronas Carigali for their trust in Ampelmann. We look forward to working together towards a safe and efficient project completion, and continuing to build on our strong relationship.”