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

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mark_vyz
post Jan 26 2016, 03:56 PM

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QUOTE(GAME_ON @ Jan 26 2016, 11:31 AM)
I always abreast this thread, even-though i'm not in O&G industry. You guys are soo fortunate.  smile.gif
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My contract not renewed end this march... Huhu.
Anyone got contact for HSE jobs, pls share.
mark_vyz
post Jan 26 2016, 06:01 PM

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QUOTE(BaRT @ Jan 26 2016, 04:54 PM)
onshore or offshore bro?
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You mean my current location? Onshore @ supply base. Any vacancy be it onshore or offshore...pls share if any.
mark_vyz
post Jan 27 2016, 08:12 AM

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QUOTE(mohdyakup @ Jan 26 2016, 08:07 PM)
Berminat for Rapid? Send your CV to morlin.tomik@trsstaffing.com

Puan Morlin is a Sarawakian. TRSS Staffing is an recruitment agency owned by Fluor. Just tell her you are friend of mine. Good luck.
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Thanks bang yakup. Ive sent email just now. Hope to get feedback soon.

QUOTE(BaRT @ Jan 26 2016, 08:13 PM)
Ok..currently my hse departmnt short of staff. Will ask them 1st. U know la currently cut cost, worried any new recruitment is freeze.

Anyway, bro yaakub already share u a good source. Dia tu otai tuu...
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Let me know if your site got vacancy. Thanks bro.
QUOTE(InF.anime @ Jan 26 2016, 10:33 PM)
Last week my boss told us we will need to really do the best and pray for our survival this year. Top management is looking into downstream now.

Petronas started to cut jobs is really a good indicator to show how bad is the situation now.

Seriously.. I think O&G now is only good for freshies. The risk is too high and almost unbearable.
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Petronas is in survival mode now. They havent touch the permanent staff but for direct hire like me and manpower service all chopped. Those who had managed to renew their contract last year is quite fortunate as this year there will be no renewal.

mark_vyz
post Jan 27 2016, 08:44 AM

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QUOTE(azraeil @ Jan 27 2016, 08:34 AM)
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.
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Myself as HR mentioned they are going to convert us to permanent but up until today i havent attended SI. TA already done. Been waiting for the news but it looks like its the Petronas HR central is the king now. My colleague up until contract finish no SI.. And it looks like the same to me.
mark_vyz
post Jan 27 2016, 12:08 PM

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QUOTE(azraeil @ Jan 27 2016, 09:13 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.
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How i wish i could smack their ass and get them to work.
mark_vyz
post Jan 27 2016, 09:21 PM

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QUOTE(mohdyakup @ Jan 27 2016, 07:33 PM)
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.”
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I remember I saw their brochure on this modern gangway before. Technology is quite impressive.

BTW, bro yakup mmg terbaik. Even on the OT part also remind everyone.

And for our NOC, yes reporting layer is way way too many. If they really want to cut cost, that is one aspect to be considered. March will be a major restructuring and I heard that those VP2 are among the one to be reduced.
mark_vyz
post Jan 28 2016, 10:24 AM

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QUOTE(rabloo @ Jan 28 2016, 10:00 AM)
I've once requested a quotation for their telescopic gangway. Meletup bang harga dia  sweat.gif
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Haha..where you planning to install? Saw from the mail, they already used it for bokor huc project previously.
mark_vyz
post Jan 28 2016, 10:34 AM

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QUOTE(BaRT @ Jan 27 2016, 09:41 PM)
Latest PTS requirement is 6 feet gangway instead of 4 feet as before..am i correct?

Most of the project is using 4 feet, suddenly change to 6 feet need to custome make new one.
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Im not really sure the requirement bro. BTW I did look up on PTS but not found any.
mark_vyz
post Jan 29 2016, 12:45 PM

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QUOTE(mohdyakup @ Jan 29 2016, 11:09 AM)
Fuhhhh panas telinga gua bro. The session was very tough. Ambik kau semua soalan technical keluar hahahahaha. Nasib baik aku ada hafal sikit pasal BIMCO lelz.

For those who about to have McDermott phone interview make sure you REALLY UNDERSTAND ABOUT OFFSHORE T&I and CONSTRUCTION. ESPECIALLY PASAL VESSEL CHARTERING. JENIS2 VESSEL CHARTER WIDELY USED DURING T&I CAMPAIGN, LEPAS TU BERAPA BOLLARD PULL, HORSEPOWER APA JADAH, APA ITU DP2 AND DP3, APA CERTIFICATE YANG MWS KELUARKAN MASA LOAD OUT AND SAILWAY ETC SO BAWAK2 LAA BERKAWAN NGAN BUDAK2 MWS OFFSHORE KAT SANA LELZ

Thats all for my rants.
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Hehe.. Ita ok bro. At least u still manage to drag them to an hour session. Just to share a bit info with everyone, there are many type of vessel depend on the job. For supply, usually use SSV or AHT/AHTS/PSV or the low cost LCT. For installation, its depend type of work but typically they will use a work boat or barge which definitely require AHTS for anchor handling job and towing job. Bollard pull that they ask is the capability of the vessel to do towing activity and it could go up to 200BP strength depend on the vessel horsepower. DP2 and DP3 is a dynamic positioning system which usually latest vessel have. It is to maintain positioning at offshore location. Port clearance, COG, custom clearance is sample of doc required before release a vessel to location
mark_vyz
post Jan 29 2016, 03:36 PM

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QUOTE(mhyug @ Jan 29 2016, 03:11 PM)
pehh banyak btol marine and T&I stuff. apa tuh MWS?? maap la drilling fag sini...tahu tgk boat bila nak sampai bwk kontena makan je haha
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Takde makanan tak jalan keje..hahha
mark_vyz
post Jan 30 2016, 08:00 AM

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QUOTE(BaRT @ Jan 29 2016, 03:46 PM)
teringat one of the project aku.
Offshore team aku stay kat other drilling rig with agreement "accommodation + meal provided at no cost to us" (arranged by client)

Ttiba bila stay sana, diaorg provide makan je, air minum takde...sbb meal tu maksud diaorg makan saja, xde drink, punya la kejam (& bodoh)
Kitaorg panggil incident ni food crisis, terpaksa la bawak air minum saja pakai chopper. So air mineral masa tu jatuh sebotol dlm RM150 kos dia..huhu
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how was the taste of 150 per bottle water? hahahaa..
mark_vyz
post Jan 30 2016, 02:45 PM

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QUOTE(meonkutu11 @ Jan 30 2016, 09:31 AM)
Some info;

Classification Society;
SCM - ship classification malaysia
BV- Bureau Veritas
ABS- America Bureau of Shipping
NKK- Nippon Kaiji Kyokai
DNV GL -
RINA - Royal Italy
LR - Llyods Register

Marine Warranty Surveyor;
Berkat Global
Breamar Offshore
Global Maritime
DNV GL/Noble Denton
Matthews Daniel
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good info...
basically for Class..as long as approved by Marine Dept then ok..usually ship in malaysia they rarely use SCM..

mark_vyz
post Feb 1 2016, 06:22 PM

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QUOTE(speedfamgirl @ Feb 1 2016, 01:20 PM)
Still full until now...both email tak boleh pakai punya  sweat.gif
bikin panas...semalaman update resume & rescan certs...last2 tak boleh antar  doh.gif
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lucky i send my application earlier..otherwise have to use merpati
mark_vyz
post Feb 1 2016, 08:33 PM

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QUOTE(mohdyakup @ Feb 1 2016, 08:24 PM)
Its still premature to talk about price recovery right now. The volatility is still persist, if the oil price doesn't recover within USD 40 to 60 bbl region, there will be not much project to come onstream right now.
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Yup.. Afraid that this is just a temporary hike due to weather and russia talk. The main problem of oversupply is still there. Heard from my HR that they need at least 40 per barrel. Otherwise they will continue with the cactus. Lets see this march how is it going. By that time, my contract already expired.. Damn.
mark_vyz
post Feb 2 2016, 02:45 PM

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Oil Prices Drop as Chances Fade for Output Cuts
Coordinated cutbacks considered less likely after Iran raises its export target

Oil prices gave back a big chunk of last week’s gains, with traders losing hope that the world’s big producers will cut their output and that Asia’s economies can help drive demand.

The market had shot to a three-week high late last week on speculation of increasing economic stimulus, and cooperation on output cuts between Russia and OPEC.

But many leaders of the Organization of the Petroleum Exporting Countries are actively damping expectations for cuts. New data also suggests U.S. output is still resilient and the Chinese manufacturing sector is still contracting. Many of the factors that sent oil on a historic plummet over the past 19 months haven’t changed, analysts said on Monday.

“We are now getting a dose of reality,” said Scott Shelton, broker at ICAP PLC.

Light, sweet crude for March delivery settled down $2, or 6%, at $31.62 a barrel on the New York Mercantile Exchange. It is the largest daily dollar loss since Jan. 6 and snaps a four-session winning streak. Front-month April Brent crude, the global benchmark, settled down $1.75, or 4.9%, at $34.24 a barrel on ICE Futures Europe.

As early as last week, senior OPEC officials were rebutting claims from Russia about cooperation on output cuts. Iran also said Friday it “won’t consider a cut” until its exports have increased by 1.5 million barrels a day over current levels of roughly 1.1 million barrels a day. The International Energy Agency predicts the country will export an extra 300,000 barrels by the end of this year now that international economic sanctions against it have ended.

For oil prices to break higher, these exporters would have to confirm a deal, said Olivier Jakob, an analyst at Switzerland-based Petromatrix.

“We continue to view a coordinated production cut as highly unlikely and ultimately self-defeating,” Goldman Sachs analysts said in a note issued late Sunday. “Prices need to remain low enough to force fundamentals to create the adjustment back toward a new equilibrium.”

That will likely keep oil between $20 and $40 a barrel until the second half of the year, the analysts said. They expect oil prices to be highly volatile and without a clear trend until then.

Saudi Arabia hasn’t wavered from leading a group of OPEC’s most powerful members to keep producing at full tilt and defend their market share amid competition from Russia, the U.S. and other non-OPEC producers. Russian production also hit post-Soviet records last year. And U.S. government data from late Friday showed the country’s production in November was still up 1.3% from the year before, inching down just 0.6% for the month at 9.3 million barrels a day.

Without cooperation on cutbacks, several of the world’s largest oil producers are likely on their way to deeper problems. Nigeria and Azerbaijan have already approached the International Monetary Fund for a bailout, with low prices pummeling their oil-dependent economies.

“At lower prices, we can expect more bottom picking, providing temporary support to prices, but it will be really difficult for a lot of producers to cope at $26 or less,” Mr. Jakob said.


Lackluster Chinese manufacturing data was also damping prices. China’s statistics bureau reported Monday that the official manufacturing purchasing managers index fell to 49.4 in January from 49.7 in December, marking the lowest level since August 2012 and the sixth straight month of contraction.

China’s continuing slowdown has weighed on global oil demand. Last month, China said the country’s economy grew 6.9% in 2015, the slowest pace in 25 years.

“This weak data would likely remind the market of bearishness again, suggesting more drops for the market in the week ahead,” said Phillip Futures analyst Daniel Ang.

However, some analysts say China’s crude imports could grow around 7% this year driven by demand from local refiners and as the government stocks up its strategic reserves. Crude demand from China grew by 8.8% in 2015.

Gasoline futures settled down 4.93 cents, or 4.4%, at $1.083 a gallon. Diesel futures fell 4.22 cents, or 3.9%, to $1.0365 a gallon.
mark_vyz
post Feb 8 2016, 07:54 AM

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Happy CNY holiday to all....may the oil prices stable again this year
mark_vyz
post Feb 10 2016, 10:06 PM

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QUOTE(thoyol @ Feb 10 2016, 05:41 PM)
tuan yakup,

As a recruiter myself, I will say that it is mostly due to the current 'employer is king' sentiment. Most of my hiring managers are on demanding basis, expecting a 'superman' with a lower rate. I myself received an abundance of great CVs - some of it fit 70-80% of the requirement as they were on mega projects. Unfortunately my hiring managers only insist of receiving a CV which is 100% matching with their requirement. Something that a bit off as previously most of them are willing to settle for someone with 70-80% match.

Previously it was 'an employee market' where employer have to settle for a slightly above average or borderline candidate due to the fierce competition. Upstream was absorbing downstream people like crazy and downstream had to settle with the remnant of candidates.

Last time in the recruitment world, we constantly talked about efficiency and pace in hiring the talent. Right now, we are more focused on hiring the RIGHT talent regardless of the turnaround time required to fill in the role.

Right now, you just need to be patient and keep trying. I can only wish luck be on your side.
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Thanks for the good recruiter POV bro. With limited cake, everyone want a piece of it.

mark_vyz
post Feb 11 2016, 07:39 PM

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Thanks bro @mohdyakup Saw the advert at FB group. Immediately send email. Luckily you corrected the mail. Been trying everywhere now...may the force be with me. Hehe

This post has been edited by mark_vyz: Feb 11 2016, 07:41 PM
mark_vyz
post Feb 15 2016, 02:01 PM

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It's look like the highly anticipated town hall will be held on 1st March as per intranet calendar.
mark_vyz
post Feb 18 2016, 04:18 PM

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QUOTE(mhyug @ Feb 18 2016, 02:23 PM)
so russia n saudi planning something, has the market reacted to it positively? did the crude price jump/spike after the announcement? or the  market knows this is just another tactic from opec to muscle out the americans and their shale which is almost 6 feet in the grave already biggrin.gif
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No immediate effect i guess. Just a naik a bit. Could be temporarily judging from precious trend.

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