Let's hope so. Anyway, on with our doscussion and information sharing!

This post has been edited by azraeil: Jan 26 2016, 07:00 AM

@mohdyakup, maybe you could put the 1st post info like usual?

Industry as a whole is convulsing due to low oil price whicb frankly is outside of our control. A lot of us know of friends and colleagues who have been let go and the only thing we can do at the moment is be on the lookout for opportunities for our colleagues. I just recommended one friend who lost his job late last year for a job that I saw a headhunter was looking out for.

Taken from my LinkedIn updates. RAPID project.


Attached thumbnail(s)

All this information about Petronas cutting salary and retrenching people are just that, rumours at the moment. They are obviously looking at ALL options at the moment and the way Petronas works is that if you come up with an option, then you better do an in-depth study for the pros and cons. The management will then decide in March on which options they are going to implement. Until then, no news is good news.

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.

This post has been edited by azraeil: Jan 27 2016, 08:35 AM

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.

No no no. You misunderstand me. Petronas is offering to convert the day raters and contract staff who is currently working with them to permanent position. So it is either take a huge pay cut and convert or be out of the job.

Don't know as I've left Aramco since 18 months ago.

Bonus and increment are the first to go this year.

Takkan cert pun nak kena hantar jugak? Hantar CV je la dulu.

Valuation dia giler murah. Which is really weird.

http://www.cnbc.com/2016/01/29/these-energ...ow-on-cash.html

Tresenergy is not owned by M3nergy. They provide OSVs and I guess all sorts of logistical support.

This post has been edited by azraeil: Feb 5 2016, 05:08 PM

Anjung is a Gas field operated by Carigali in Sarawak. Sorry, meant to say that this is a field that have been approved for development for Carigali. The field is in Sarawak

This post has been edited by azraeil: Feb 5 2016, 05:57 PM

Floater 2 dah tenggelam. Hull dah boleh buat Tukun. Confirm.

Hull is cheap. The main cost is the topsides with all the miniaturized cryo units etc. I hear it is totally scrapped and we will take the losses.

Jadi macam kasawari team la kot. Rapid or out of job la. As for other companies, well .....

Who are the Saudis trying to kid? Freeze production based on January numbers? January is the month that Iran finally got the sanction lifted. There ain't no way Iran will comply. They will pump more and more as compared to January and that "if other producing nation follow suit" will be moot.

Rahsiaaaa