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 Oil & Gas Careers V10, Upstream & Downstream, Market slump ahead

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ZZMsia
post Apr 11 2016, 10:08 PM

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QUOTE(Stamp @ Apr 11 2016, 12:38 AM)
This is from a Contractor. My guess is that the Contractor is compiling CVs for bid of the SAA decom.
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Correct..Heard also its a contractor only
ZZMsia
post Apr 13 2016, 05:06 PM

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QUOTE(mohdyakup @ Apr 13 2016, 03:50 AM)
I dont think Petrofac Malaysia Ltd (Upstream IES) is hiring right now, ramai dah kena retrenched, opis kat Tower 3 senyap sunyi jer, team project for three field assets semua dah takde.

If the hiring is from Petofac E&C for Rapid project, or Petrofac-RNZ for upcoming BSP brownfield tendering schedule to be award on September this year, yes these both division are legit hiring but I dont think they are looking for fresh blood.
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Yes, PML and RNZ has been retrenching a lot...(next one will be in April)
ZZMsia
post Apr 18 2016, 03:59 PM

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QUOTE(meonkutu11 @ Apr 17 2016, 04:50 AM)
My friend told me his department in TLO already restructure last year/early 2016 and some already offered VSS.
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Yeah and forced leave
ZZMsia
post Apr 26 2016, 05:29 PM

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How is aker solutions PKFZ doing? And Fmc Johor..
ZZMsia
post Apr 29 2016, 02:27 PM

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QUOTE(amidamaru @ Apr 28 2016, 11:02 PM)
user posted image
laugh.gif  laugh.gif
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This is the sad reality,,Other industries not interested.
ZZMsia
post May 12 2016, 07:56 AM

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QUOTE(kaiser658 @ May 11 2016, 11:34 AM)
Anyone knows about this company MIE Industrial? It is an E&I service company. Attended an interview with them for (junior) Piping Engineer role. To my surprise, they mentioned they will be having a new department that is EPC that's why they are looking for candidates with chemical engineering background for the Piping Engineer role.

I got the offer but.. massive pay cut since the position is meant for recent grads (I think). I am presently working for an F&B industry and I am wondering if I should take up this offer. To be honest, I have been trying to get into O&G industry for a long time so this might be a good opportunity. However, I am not sure if the timing is still right for now considering the current situation for this industry. Moreover, it is still an E&I company so I am concerned if the learning opportunities I get is irrelevant to my engineering background.

Is it worthy to take the pay cut and get into the industry that I have been trying hard to get into for so long? Any advice?  blush.gif
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PM me the offer
EPC doing badly now sad.gif
ZZMsia
post May 18 2016, 02:46 PM

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QUOTE(Prothero @ May 17 2016, 04:17 AM)
I read Commercial Leadership Program, I thought it has something to do with Cost Control / Procurement / Budget

So I applied and Linkedin messaged him (Without researching what this CLP is)

Then I googled about it, apparently it is for sales job scope..

Now I feel malu coz I definitely cannot do sales..  sad.gif
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Just try for it first if you're unemployed..Market is bad now..Surprised GE is OK
ZZMsia
post May 20 2016, 12:12 PM

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QUOTE(meonkutu11 @ May 19 2016, 11:56 AM)
PETRONAS' 1Q 2016 Profit After Tax Falls 60% YOY to $1.1B

- See more at: http://www.rigzone.com/news/oil_gas/a/1446...h.jobuyluK.dpuf
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More people will be retrenched..

Two of the world's leading providers of services to the offshore oil industry are merging and selecting the UK as the combined company’s domicile, following the trend of groups in the sector relocating to Britain to benefit from favourable tax treatment.
FMC Technologies of the US and Technip of France have agreed a merger of equals to create the world's second-largest listed oil services group by revenues, with a market capitalisation of about $13bn.
Oil services companies have been hit hard by the decline in crude prices since mid-2014, as exploration and production groups renegotiate or even cancel contracts with their suppliers in efforts to cut costs. Several oil services groups have pursued consolidation deals to try to better withstand the downturn.
The combined company, to be called TechnipFMC, will be dual listed in Paris and New York, but domiciled in the UK, and have operational headquarters in Paris, Houston and London.
Executives and advisers of the two companies declined to say whether the merged company would pay less tax as a result of the relocation to the UK. But one person close to the deal said that it would generate tax benefits for FMC, which is incorporated in the US.
Other oil services companies including Ensco and Noble Corp, the offshore drilling contractors, have relocated to the UK to benefit from its favourable tax treatment.
ZZMsia
post May 21 2016, 10:03 AM

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QUOTE(langstrasse @ May 20 2016, 09:19 AM)
I wonder what would happen to those in Technip Malaysia ?
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More will be retrenched..Likewise FMC also not doing well...
ZZMsia
post May 21 2016, 11:21 PM

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QUOTE(mohdyakup @ May 21 2016, 06:36 AM)
Rumors on the street said that McDermott & Saipem will be the new player in the Pan Malaysia T&I soon. Not sure who will be team up with Saipem (perhaps THHE?} but McDermott will be tag with its Belian partner (existing Petronas license).

I wonder if Chiyoda-EMAS JV will be in the list too? This gonna be an interesting EPCI market for Malaysian T&I.
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Thought Mcdermott was linked to THHE last time??What happened to that JV
ZZMsia
post May 21 2016, 11:23 PM

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QUOTE(mohdyakup @ May 21 2016, 07:01 AM)
Its very hard to compete with foreign EPCI player because most of their fleets dah takde hutang, notable for Saipem and Chiyoda-EMAS except McDermott (the recent newbuilt DLV2000) but even McDermott punya price memang low gila TLO tak dapat lawan diorang huhuhuhu (for the recent ONGC project).

Anyway, since many otai TLO and Saipem Malaysia sudah joining McDermott, I guess my CV will stand a chance kot hahahahaha  rclxm9.gif  rclxm9.gif

So a big question to Petronas - for this new T&I contracting strategy, will a "Malaysianization" factor gonna be a deciding punch for award? Or sangap nak jimat cost gonna invite foreign player too? Pan Malaysia T&I is a fat contract woo hehehehehe
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Petronas focusing on Malaysians only. That might change when TPPA begins..
Also, isn't Anjung EPCIC bid off ????
ZZMsia
post May 21 2016, 11:26 PM

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QUOTE(mohdyakup @ May 21 2016, 09:40 AM)
Kau ngan PBJV kinek tok nak? mark_vyz polah T&I PFLNG1 right?
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PBJV only did the T&I for the tie-in portion right???? Not the whole FLNG.
ZZMsia
post May 22 2016, 09:59 AM

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QUOTE(mohdyakup @ May 21 2016, 12:02 PM)
Biar betik Anjung is off? How come I still receive inquiry for Anjung? Oppssss
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Good to hear that it is On...another offshore development delayed.. Bokor Field.. to April 2017.
ZZMsia
post May 22 2016, 10:00 AM

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QUOTE(alvinkhorfire @ May 21 2016, 09:51 PM)
So, you only mention your expected salary, to your new company, right?

Correct me if I am wrong. I thought that we need to state our current salary, so that they can justify giving us the expected salary.

Example: Expected salary = current salary + 10 % of current salary

Thanks for the clarification.  rclxms.gif
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This current market, if you're unemployed, better put previous salary..Chances are you will be getting an offer that's less than what you were making.
ZZMsia
post May 23 2016, 12:05 PM

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QUOTE(mohdyakup @ May 21 2016, 12:02 PM)
Biar betik Anjung is off? How come I still receive inquiry for Anjung? Oppssss
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Anjung has been aborted
ZZMsia
post May 23 2016, 12:55 PM

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QUOTE(mohdyakup @ May 23 2016, 12:28 AM)
Confirm ke?
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Yes I just saw the letter..
Other fabricators can confirm this.
ZZMsia
post May 25 2016, 01:23 PM

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QUOTE(jamaluddin4 @ May 24 2016, 02:07 AM)
Right now, KNM KL office working on EPCC for GISSAR project (Uzbekistan), client LUKOIL (Russian).
Project suppose to finish on 2013, but drag until now still not completed yet, please imagine  rclxms.gif  rclxms.gif  rclxms.gif

I got another interview today with Vertis Technologies, any advise guys?
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Losing so much on this job/...
ZZMsia
post May 25 2016, 01:24 PM

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QUOTE(mohdyakup @ May 25 2016, 01:03 AM)
If you working with onshore EPC for oil refinery, LNG & petchem at Middle East you are also on rotation too. Like mine for Saipem KSA for Saudi Aramco Jazan project, the rotation is 28/14 but economy class tickets. Itulah frust sekarang visa restriction issues tak dapat nak pegi sana hehehehe
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Cant believe you couldnt go there becoz of visa issues.
Sad...sad.gif Hope you find something bro
ZZMsia
post May 27 2016, 04:58 PM

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QUOTE(Stamp @ May 26 2016, 04:06 AM)
Talisman's or rather Repsol's SAA platform is planned to be decom soon.
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Decom's will give some jobs for the offshore contractors..
ZZMsia
post Jun 1 2016, 07:34 AM

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QUOTE(E Crew @ May 31 2016, 03:04 PM)
Everyone have been discussing on the oil price.
Should I join OnG industry at this moment as freshie? Given the market condition.
Have received an job offer from a company as design engineer but my ex-supervisor suggesting me to consider to join the industry. Is it wise to join OnG now ?
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