Damn, the oil and gas industry is in deep shit now. Feel story for those currently studying petroleum engineering.
Oil & Gas Careers V10, Upstream & Downstream, Market slump ahead
Oil & Gas Careers V10, Upstream & Downstream, Market slump ahead
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Feb 26 2016, 10:23 PM
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Junior Member
24 posts Joined: Feb 2016 |
Damn, the oil and gas industry is in deep shit now. Feel story for those currently studying petroleum engineering.
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Feb 26 2016, 10:27 PM
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Senior Member
4,351 posts Joined: Oct 2009 From: Bintulu, Sarawak |
QUOTE(pollahappy @ Feb 26 2016, 10:23 PM) Damn, the oil and gas industry is in deep shit now. Feel story for those currently studying petroleum engineering. This industry still need talents - always. Dont feel sorry for them. By the time they graduate, situation will change its tides.Why O&G everything must petroleum engineering only? There are many skillsets needed in this industry which required different kind of peoples. |
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Feb 26 2016, 10:48 PM
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Senior Member
3,491 posts Joined: Jan 2013 |
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Feb 26 2016, 10:52 PM
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Senior Member
4,351 posts Joined: Oct 2009 From: Bintulu, Sarawak |
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Feb 26 2016, 10:58 PM
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Junior Member
24 posts Joined: Feb 2016 |
QUOTE(mohdyakup @ Feb 26 2016, 10:27 PM) This industry still need talents - always. Dont feel sorry for them. By the time they graduate, situation will change its tides. It just seems like their course is very specialised towards oil and gas, so its like a must for them to enter the industry. I know a few of my seniors, even those with amazing grades, still having trouble finding jobs.Why O&G everything must petroleum engineering only? There are many skillsets needed in this industry which required different kind of peoples. |
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Feb 27 2016, 08:00 AM
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Senior Member
1,597 posts Joined: Apr 2009 |
QUOTE(pollahappy @ Feb 26 2016, 10:58 PM) It just seems like their course is very specialised towards oil and gas, so its like a must for them to enter the industry. I know a few of my seniors, even those with amazing grades, still having trouble finding jobs. I think this situation only effected students that recently graduated and will grad this year (or maybe next year also). They have to look other industry as well outside from Petroleum/Petrochemical. Most importantly, attitude. Do not act/think like you are 'special' just because you are PE graduate. |
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Feb 27 2016, 08:45 AM
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Senior Member
4,864 posts Joined: Nov 2008 |
QUOTE(pollahappy @ Feb 26 2016, 10:58 PM) It just seems like their course is very specialised towards oil and gas, so its like a must for them to enter the industry. I know a few of my seniors, even those with amazing grades, still having trouble finding jobs. Your seniors are beginning to get a taste of real life. The days of spoon feeding are over. Now come the real test of life and character. Now it is survival of the fittest.This post has been edited by Stamp: Feb 27 2016, 08:46 AM |
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Feb 27 2016, 09:16 AM
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Junior Member
24 posts Joined: Feb 2016 |
QUOTE(meonkutu11 @ Feb 27 2016, 08:00 AM) I think this situation only effected students that recently graduated and will grad this year (or maybe next year also). They have to look other industry as well outside from Petroleum/Petrochemical. Most importantly, attitude. Do not act/think like you are 'special' just because you are PE graduate. QUOTE(Stamp @ Feb 27 2016, 08:45 AM) Your seniors are beginning to get a taste of real life. The days of spoon feeding are over. Now come the real test of life and character. Now it is survival of the fittest. I know that, its just seem so scary when you see other majors have higher hiring rate when compared to P.E which is like full of the brightest students in engineering in my universities case. I'm not studying P.E though.P.E students I noticed that tend to be the most driven with the most working experience/internships so its very competitive amongst themselves. |
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Feb 27 2016, 09:16 AM
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Junior Member
24 posts Joined: Feb 2016 |
QUOTE(meonkutu11 @ Feb 27 2016, 08:00 AM) I think this situation only effected students that recently graduated and will grad this year (or maybe next year also). They have to look other industry as well outside from Petroleum/Petrochemical. Most importantly, attitude. Do not act/think like you are 'special' just because you are PE graduate. QUOTE(Stamp @ Feb 27 2016, 08:45 AM) Your seniors are beginning to get a taste of real life. The days of spoon feeding are over. Now come the real test of life and character. Now it is survival of the fittest. I know that, its just seem so scary when you see other majors have higher hiring rate when compared to P.E which is like full of the brightest students in engineering in my universities case. I'm not studying P.E though.P.E students I noticed that tend to be the most driven with the most working experience/internships so its very competitive amongst themselves. |
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Feb 27 2016, 12:32 PM
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Senior Member
1,551 posts Joined: May 2009 |
i think at this pt, any retrenchment news isnt a surprise anymore. can be said a normality now.
but all is not doom or gloom. dimana ada will disitu ada kejayaan bak kata. |
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Feb 27 2016, 01:05 PM
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Senior Member
4,351 posts Joined: Oct 2009 From: Bintulu, Sarawak |
The brightest with full 4.0 cgpa doest guarantee you a success in this industry - its just a merely entry ticket to enable you being called for an interview. Employers tend to look for street smart candidates, and the most important is EXPERIENCE.
Trust me. I have attend tons of interview throughout my careers. Remember that always eat a humble pie no matter what your rank is. I had eaten mine, A LOT. Hahahaha. |
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Feb 27 2016, 02:38 PM
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Junior Member
113 posts Joined: Jun 2013 |
QUOTE(mohdyakup @ Feb 27 2016, 01:05 PM) The brightest with full 4.0 cgpa doest guarantee you a success in this industry - its just a merely entry ticket to enable you being called for an interview. Employers tend to look for street smart candidates, and the most important is EXPERIENCE. TrueTrust me. I have attend tons of interview throughout my careers. Remember that always eat a humble pie no matter what your rank is. I had eaten mine, A LOT. Hahahaha. |
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Feb 27 2016, 03:02 PM
Show posts by this member only | IPv6 | Post
#613
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Senior Member
4,864 posts Joined: Nov 2008 |
Gosh.
Banks are discriminating against ppl working in oil and gas sector now. One big local bank with stripes rejected my friend's application for a housing loan because he's employed on contract basis in one PSC company, despite him having a 5 star credit rating, and having a long time savings and current accounts, credit cards, previous Hse loan and car loan accts with the bank. He is in the midst of closing all his accounts with the bank. Anyone know the bank's CEO email? He wants to write one email to him. Btw, 1 local bank and 1 foreign bank gladly offered him the loan. This post has been edited by Stamp: Feb 27 2016, 03:04 PM |
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Feb 27 2016, 03:13 PM
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Senior Member
1,597 posts Joined: Apr 2009 |
QUOTE(Stamp @ Feb 27 2016, 03:02 PM) Gosh. And which bank is that bro? Another BSN ya?Banks are discriminating against ppl working in oil and gas sector now. One big local bank with stripes rejected my friend's application for a housing loan because he's employed on contract basis in one PSC company, despite him having a 5 star credit rating, and having a long time savings and current accounts, credit cards, previous Hse loan and car loan accts with the bank. He is in the midst of closing all his accounts with the bank. Anyone know the bank's CEO email? He wants to write one email to him. |
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Feb 27 2016, 03:16 PM
Show posts by this member only | IPv6 | Post
#615
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Senior Member
4,864 posts Joined: Nov 2008 |
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Feb 27 2016, 03:20 PM
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Senior Member
1,597 posts Joined: Apr 2009 |
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Feb 27 2016, 03:28 PM
Show posts by this member only | IPv6 | Post
#617
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Senior Member
4,864 posts Joined: Nov 2008 |
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Feb 27 2016, 03:32 PM
Show posts by this member only | IPv6 | Post
#618
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Senior Member
4,864 posts Joined: Nov 2008 |
Another friend who's company cut down number of working days has started driving UBER at night and during non working days!
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Feb 27 2016, 03:35 PM
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Senior Member
1,597 posts Joined: Apr 2009 |
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Feb 27 2016, 03:36 PM
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Senior Member
4,286 posts Joined: Jun 2008 |
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