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

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thoyol
post Jan 29 2016, 05:18 PM

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QUOTE(BaRT @ Jan 26 2016, 09:36 PM)
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?
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My company are the first company involved in the Pengerang project. I was there during the early days in 2011 and my last visit was last year. As HR only go for visit and jalan-jalan. cool2.gif cool2.gif
Environment wise, it is like a small sleepy town actually. Very peaceful by the sea, good seafood. Facilities wise, there is a futsal/badminton court, Sg Rengit town should be able to accommodate basic need. Fresh food easily accessible and the bigger town Kota Tinggi/Desaru/Penawar is just 20 minutes away and JB is like 1 hour away.

However accommodation getting very expensive. Rent definitely around 500 for a small room and minimum RM 2k-3k to a small house. Not feasible to stay in Pengerang. Food wise - price is still okay but you need to rush a bit during lunch or dinner or else food will finish.

What most of my staff do is they stay either in JB/Kota Tinggi area (also getting tougher to get a good house) and commute there. Road quality wise quite good but a bit 'beralun' so please be careful.

Phone connection is also good as Digi/Maxis is installing their tower in one of our vicinity. It is a good area to work, not that remote or isolated.
thoyol
post Jan 29 2016, 05:21 PM

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QUOTE(TheReaderReads @ Jan 27 2016, 04:43 PM)
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...
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oh yes and in big time. Most of the recruiters/headhunters that I know personally have shifted to another focus/industry. O&G no longer the money pit. The movement in their industry is also big last year. A lot of company closing/absorb O&G department into other department.
thoyol
post Feb 1 2016, 03:30 PM

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QUOTE(mohdyakup @ Feb 1 2016, 10:36 AM)
That roles from KPOC requires 2-3 years experience, yes you can try your shot.
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Hahahah.. Bro ni dah macam recruiter dah. Siap jawabkan lagi suitability applicants. Hehe..
thoyol
post Feb 10 2016, 05:24 PM

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QUOTE(sukhoi35mk @ Feb 5 2016, 08:19 AM)
Petronas, Dialog abort project

PETALING JAYA: Petroliam Nasional Bhd (Petronas), Dialog Group Bhd and Australia-based petroleum company Roc Oil Co Ltd have aborted a proposed project estimated to cost more than RM3bil to develop and produce petroleum off Bintulu, Sarawak.

In a filing with Bursa Malaysia, Dialog said the small-field risk service contract to develop the Balai cluster fields was terminated due to the difficult business environment and persistently depressed oil price.

The oil and gas-based technical services provider said BC Petroleum Sdn Bhd – which is 32% owned by its unit Dialog D&P Sdn Bhd, 48% by Roc Oil Malaysia (Holdings) Sdn Bhd and 20% by Petronas Carigali Sdn Bhd – had ceased operation and had on Wednesday signed a termination by mutual agreement with Petronas.

The risk service contract, which was terminated effective Dec 1, 2015, had been signed by Dialog D&P, Roc Oil and Petronas Carigali with Petronas on Aug 16, 2011 and was subsequently novated to BC Petroleum.

The contract’s development and pre-development phases were estimated to cost US$850mil to US$950mil (RM3.49bil to RM3.91bil).

With the termination of the contract, BC Petroleum will receive the balance of the capital expenditure reimbursement within the first half of 2016.

Dialog said its total losses amounting to about US$10mil (RM41mil) had been substantially provided for in the group’s financial results.

“As such, the termination is not expected to have any material effect on the earnings, net assets and gearing of Dialog for the current financial year ending June 30, 2016,” it said.

The termination of the contract does not require approvals from the relevant authorities and the shareholders of Dialog, and has no effect on the share capital and substantial shareholders’ shareholdings in Dialog.

Dialog closed higher by four sen or 2.61% to RM1.57 yesterday.
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Hehe.. Akhirnya keluar juga official statement walaupun most of the people in the RSC aku yang hire. Sigh..
thoyol
post Feb 10 2016, 05:41 PM

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QUOTE(mohdyakup @ Feb 10 2016, 05:32 PM)
Yup contract not extended. Its not merely due to mismatch JD, either outbid by experienced candidates, or the employer opt for commercially lowest candidates. I also tryng to non-O&G project but lacking of civil construction experience hinder my application. I even ready to take 50% salary cut, willing to be bonded - pun tak lepas jugak. Tough market these days, but I shall never give up. Still has several interviews to go.
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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.
thoyol
post Feb 24 2016, 12:36 PM

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QUOTE(mohdyakup @ Feb 24 2016, 11:43 AM)
I received a very interesting call from recruiter just now. An Australian based EPC contractor who recently secure a project in Malaysia. They need CA immediately. Rasa macam nak melompat jer bila dengar the hourly rates - Rm 100 per hour fixed hahahaha contract one year.

Later I will share the details once I get the email from them.
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Tahniah boss kalau dapat. All your networking efforts are bearing fruits now.
thoyol
post Mar 2 2016, 11:02 AM

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QUOTE(mohdyakup @ Mar 1 2016, 10:16 PM)
Petronas need to outsourced its non-core like Finance, HR, Marketing, Supply Chain into shared service environment. The current SMSO are not really consider as real shared service yet hehehehe
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True. For a structure as big as Petronas, they need a centralized Shared Centre for support function in order for the support team to operate efficiently. Definitely not strategic/powerful as per current structure but needed.
thoyol
post Mar 2 2016, 11:03 AM

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QUOTE(azraeil @ Mar 1 2016, 10:18 PM)
Cannot. That is asking HR, who likes to feel powerful, to sacrifice themselves. Never goin to happen
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have to bro. Those in power or like to retain power can have a role in Advisory/Business Partner/Strategic team. For others, it is all transaction/operational role and more suited in Shared Centre environment.
thoyol
post Mar 3 2016, 10:32 AM

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QUOTE(jamaluddin4 @ Mar 3 2016, 10:25 AM)
I just checked their website.
Free only for students.
Im wrong maybe.

Trying to register, but face same problem like you, can't proceed to next page.

OTC Asia Registration
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It is free for visitor. I already registered a month ago. smile.gif


thoyol
post Mar 10 2016, 04:49 PM

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QUOTE(mohdyakup @ Mar 10 2016, 02:04 PM)
Maklumlah baru habis SPM on 2000. I remember the ALAM interview was on February 2001 at Kemena Hotel Bintulu. Kaw2 soalan. Aku pulak takde prepare apa2 langsung. Takde study pasal floater kapal LNG vessel and such. Confirm failed lah hahahaha

Tapi bila fikir2 balik rasa nyesal. Kenapalah tak prepare betul2 masa tu.

If I can turn back time...
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Damn, as young as I am. Damn..
thoyol
post Mar 17 2016, 09:18 AM

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QUOTE(azraeil @ Mar 17 2016, 09:02 AM)
GMs and SGM already got their VSS letters. Most will get their letter this Monday.
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ouch, now baru GM & SGM level. The biggest population of Petronas yet to know their fate. Sigh.. Bro, any idea on their VSS package?

The first VSS/termination is the toughest & most compassionate one. The management will try to provide a good severance package to the impacted personnel plus good consulting/consolidation words and etc. After a few rounds, they just want to get over it. It is like pulling off a plaster from a wound. They just want it to over as fast as they can with the minimum effort. Hopefully the later batch will have a good severance package too.


thoyol
post Mar 17 2016, 09:22 AM

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QUOTE(mohdyakup @ Mar 17 2016, 09:07 AM)
Indonesia is very strict for local content enforcement in their O&G. We should follow the same like them.

Not only O&G, others industry like mining and power too.
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I think we do have the enforcement for local in a business in Msia. Foreign investor required to have a local partner/company for an investment in Malaysia. Malangnya we know that the enforcement is the lacking part in Msia. Most of them just use the local partner name for the sake of the regulation. Hehe..
thoyol
post Apr 4 2016, 09:55 AM

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QUOTE(MEngineer @ Apr 1 2016, 01:27 PM)
That is true which is not surprising because that benefit is only for an employee currently employed with the company. Once retrenched you are no longer considered as an employee therefore no longer entitled to the benefits that is provided by the company.
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Hurm, last time when I was with a manufacturing company the loan must be applied personally by the employee to the bank. If approved then company will issue a letter saying that they will cover the interest rate. So it is called 0 interest loan by the company. So whenever an employee resigned, there is no issue about the loan. The company will retract the coverage and the employee will continue to serve the full loan.

I don't know how Petronas do it but if the employee kena retrench, then summore need to apply new loan while don't have any employment, memang gila laa..
thoyol
post Apr 4 2016, 10:24 AM

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QUOTE(MEngineer @ Apr 4 2016, 10:11 AM)
Yup you are right. My subsequent post mentioned that once retrench the interest rate goes back to the normal market rate smile.gif
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Phewww.. Hehe.. So it is not that bad laa. Else the loss of employment + securing new loan in tough period. Double headshot..
thoyol
post Apr 4 2016, 06:09 PM

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QUOTE(mzain @ Apr 4 2016, 03:34 PM)
want to ask. is it possible HR offers us for a position by finding our profile from linkedin? and is it proper to add HR as our connection in linkedin for networking purpose even we do not know them in person?
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why not? I'm actively using LinkedIn for sourcing candidates. Of course it serve as a first level of filtering, the rest depend on the interview outcome and etc. I also constantly connect with the professionals in the area which I'm targeting (subsurface, design engineering, T&I and etc) so I able to extend my networking. Most of them, I don't know them in real life but I'm connecting with them nonetheless.


thoyol
post Apr 5 2016, 09:41 AM

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QUOTE(ZZMsia @ Apr 5 2016, 07:40 AM)
Pls note, most of the postings which say "Like" this post or comment "YES" If you are interested for a job are FAKE! Do NOT comment on it.
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Too bad, a lot fell for that silly trick too. Desperation is dangerous and easily manipulated.
thoyol
post Apr 12 2016, 02:38 PM

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QUOTE(echobrainproject @ Apr 11 2016, 02:30 PM)
you mean they compile our CVs then submit for tender as if they've already been hired?
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please ensure at least you signed a letter of intent or any letter of approval to use your CV for tender.
thoyol
post May 11 2016, 11:39 AM

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QUOTE(phil- @ May 9 2016, 04:37 PM)
big service company like slb halli etc still hiring? friend of a friend got a call for interview. are they for real or HR dept just want to achieve their kpi?
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where HR got KPI by performing phone call? Haha.. A lot of their HR also got layoff too.

If they are calling, it means that there is a role within their company. Recently in 1 of our JV with them required HSE/QAQC role. Last time they used to taichi to me (as a smaller JV partner) as their hiring process is rigid (need to follow manpower planning number, approved hiring, approval level and etc). I had to recruit under our company as the management want the secondment money (big bucks!).

But now our NOC said NO taichi, taichi to your JV. Since day 1 the responsibility of the roles is under you so you need to man it internally. You need find your internal people and charge to JV with actual cost without the secondment bla bla bla.. So now they also headache to find people. Hehehe..
thoyol
post May 11 2016, 11:42 AM

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QUOTE(xzero12345 @ May 10 2016, 11:13 PM)
Hi all, need opinion on my current situation. Currently just started working with logistic a company as permanent staff (first job) but now one of the oil & gas company offered me a 6 months contract position. The package they offered is better but i'm worried about the "contract", they told me that it is a 6 months "probation contract" and will offer a permanent position if i perform. If i take the offer i will be exposed to the oil & gas field and its my goal to be able to work offshore but with the current economy i'm not sure if its good to go for contract position. Any suggestions? Thanks!
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Nobody can give you a definitive answers/guidance when it comes to O&G market situation.

My only advise is for you to perform a calculated risk. Is it okay for you to jump? Is the company financial performance is solid? Is the project long term? Do you able to sustain yourself if no contract extension?

Do your own due diligence.
thoyol
post May 13 2016, 11:59 AM

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my colleagues are renting in Penawar. They are charging RM 400/head for a small single storey terrace house. Not as per house rent okeh. Per head rent. Bloody hell. They thought by adding more people in the house, they able to reduce the price. Nope..

Anyway I just came back from Pengerang last week. The road is not that bad to be frank. Dusty yes but not holey or in a really bad condition. I came through the normal pengerang route but going back to KL through Ramunia road. Less congested.

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