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 Working with Petronas?, Work environment, benefits and culture?

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Tomatoketchup
post Sep 15 2011, 09:01 AM

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QUOTE(azraeil @ Sep 14 2011, 01:05 PM)
Previously the so called benefits was one of the reasons HR was very reluctant to make the salary competitive. I was in a task force that mentioned that this "invisible" benefits was doing more harm than good. It is better if you raise the salary scheme (especially for the technical people) by 40-50% and let them decide on what benefits they want. I mean car loans in Petronas was at 4% revolving interest (which is equivalent to 2% fixed rate on the amount of loan Petronas was giving out) and the market outside was giving around 2.2% fixed rate ... what do you like better, a 30% increase in salary or getting the car loans internally ...

Same goes with the housing loan, yes the rate is a bit higher outside, but if your salary is high enough, not only will it allow the company to retain good skilled people but it will attract people from the outside to join as well.

Took them 5 years to implement ... by that time, I was gone (fed-up to see that nothing was being done .... not until my initiative leader became the President/CEO of Petronas) ...

Anyway, I still say that working in Petronas is a lot of fun and I would not hesitate to return there (maybe when the kids have gone to college) to "berbakti" to the nation again I guess.
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Dear azraeil,

i left out something, by the way, what range of expected salary i should put presuming i am new in the industry but have more than 8 years experiences....sigh...another headache...but your recommendation on paddy bowie write up is a good one...i read thru and have yet to finish. Thanks alot!
azraeil
post Sep 16 2011, 02:52 AM

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Minimum 8k I would say. I would not say that you don't have experience, since you have 8 years in the banking line which is relevant in the position. Since this is CHess and not Petronas, you should actually be able to ask for higher pay as the company should not be following the Petronas pay scale. Maybe 10k perhaps?
mohdyakup
post Sep 16 2011, 08:11 AM

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one of my friend working with Murphy Oil as Planner salary about RM15k per month. based at operation office at Bintulu
Tomatoketchup
post Sep 17 2011, 08:31 AM

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I didn't put my expected salary during interview...do not know whether they want me or not also....cos what i am doing now is totally different from what they are mentioning but both the senior managers arevery nice people...we have chat for nearly 2 hours...they are good in giving encouragement and also letting me know that they will arrange for training for me, so I need not to worry bout the sudden change in job scope. If they ever take me, I guess I will definitely take up the post.

Azraeil, what you said is totally true, calculation on cost, budget and so on, that's what I had been told on my job function. I wonder how much they will offer me looking at that I am currently very very underpaid....
azraeil
post Sep 17 2011, 01:22 PM

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QUOTE(Tomatoketchup @ Sep 17 2011, 03:31 AM)
I didn't put my expected salary during interview...do not know whether they want me or not also....cos what i am doing now is totally different from what they are mentioning but both the senior managers arevery nice people...we have chat for nearly 2 hours...they are good in giving encouragement and also letting me know that they will arrange for training for me, so I need not to worry bout the sudden change in job scope. If they ever take me, I guess I will definitely take up the post.

Azraeil, what you said is totally true, calculation on cost, budget and so on, that's what I had been told on my job function. I wonder how much they will offer me looking at that I am currently very very underpaid....
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Good luck. Yes, CHess as one of the operators hsould have a good training program and knowing your background you should be able to get a grasp on all the terminalogy and the system real fast.

As for salary, as I said before, it's a personal thing. I just received an offer for RM70K (and my wife still think that it's not so good .. sheesh) but a 10-12K offer for you may be satisfactory. What I always say is that think about the future potential and go from there.
Tomatoketchup
post Sep 17 2011, 04:42 PM

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QUOTE(azraeil @ Sep 17 2011, 01:22 PM)
Good luck. Yes, CHess as one of the operators hsould have a good training program and knowing your background you should be able to get a grasp on all the terminalogy and the system real fast.

As for salary, as I said before, it's a personal thing. I just received an offer for RM70K (and my wife still think that it's not so good .. sheesh) but a 10-12K offer for you may be satisfactory. What I always say is that think about the future potential and go from there.
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Yeah, probably....someone being paid by $1000 will think $5000 is a lot, but for those who get paid $5000, they always think that it's not enuf....expectation different when we already reach there.
azraeil
post Sep 17 2011, 05:59 PM

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QUOTE(Tomatoketchup @ Sep 17 2011, 11:42 AM)
Yeah, probably....someone being paid by $1000 will think $5000 is a lot, but for those who get paid $5000, they always think that it's not enuf....expectation different when we already reach there.
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Exactly. I bet you after 5 years working as a planner, your market value will increase a couple of fold (maybe looking at 20-25K a month) as the O&G industry is always in need of people with skill like yours by then.
positive energy
post Sep 17 2011, 07:14 PM

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QUOTE(azraeil @ Sep 10 2011, 08:56 PM)
There's a lot of "planner" position in the O&G industry. My experience is in the Upstream side of the business so I'll explain some of the work done by "planners" on that side.

My friend has a degree in Petroleum Engineering and they usually also do some planning in terms of looking at the production profile (i.e. how many barrels of oil can the field produce) and then compiling all those reports from all those fields and then coming up with an analysis on how much production can the company produce quarterly, yearly etc etc. The busiest time will be near the business cycle period (some companies do it in October, some in March, depends on the company)

If you are in the Banking line that I suspect you will be doing what my friend is doing. He's happy doing it, it's not as technical as he likes it to be (he was doing simulation model before) but I guess he's okay with it.

Carigali Hess has a big operation in the JDA area and with the USD15 Billion Sour Gas development project coming up, I guess they will need several planners to come up with their business plans on how much it will cost, how much production the can expect etc etc.

Hope that helps. Change is hard, but once you make it, it's easier to do it again.
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Hi, Azraeil

I have several question as i need Oil&gas guru's opnion.How about planner position in oil&Gas subsea equipments manufacturing based like Cameron,technip, FMC? What i wanna know is planner future prospects in 10-20 yrs.I'm chemical engineering graduate.
azraeil
post Sep 18 2011, 01:07 AM

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QUOTE(positive energy @ Sep 17 2011, 02:14 PM)
Hi, Azraeil

I have several question as i need Oil&gas guru's opnion.How about planner position in oil&Gas subsea equipments manufacturing based like Cameron,technip, FMC? What i wanna know is planner future prospects in 10-20 yrs.I'm chemical engineering graduate.
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Apologies, my knowledge is rather limited with regards to the subsea equipments. All I know is that there are subsea flow meters etc and not much about te industry behind it. I'm a geologist by background so I'm more of the upstream (reservoir stuff etc).

Maybe some other members can assist you in this aspect.
noiseemunkee
post Sep 18 2011, 10:21 AM

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guys,

i came across a post in this topic that for the new technical staffs with the salary package RM4k, there would be a salary adjustment upon completion of the first year (1 year) service in Petronas which is equivalent to approx RM500+. (to compensate the removal of technical allowance)

Any of you have more details or could clarify this matter? If yes, when is the effective date of the increment after the 1 year service. Since the new scheme has just begun in July 2010, does this mean that for those staff that enters after July 2010 would get a salary increment after 1 year service and soon after that , they will have another increment from the annual increment based on their PPA, in the coming April 2012?

Thanks guys.

positive energy
post Sep 18 2011, 11:00 AM

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QUOTE(azraeil @ Sep 18 2011, 01:07 AM)
Apologies, my knowledge is rather limited with regards to the subsea equipments. All I know is that there are subsea flow meters etc and not much about te industry behind it. I'm a geologist by background so I'm more of the upstream (reservoir stuff etc).

Maybe some other members can assist you in this aspect.
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that's fine. thank you for ur effort to reply,
azraeil
post Sep 18 2011, 12:44 PM

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QUOTE(positive energy @ Sep 18 2011, 06:00 AM)
that's fine. thank you for ur effort to reply,
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No problem, happy to help and share knowledge in areas I have some experience in.
Tomatoketchup
post Sep 18 2011, 02:17 PM

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QUOTE(Tomatoketchup @ Sep 17 2011, 04:42 PM)
Yeah, probably....someone being paid by $1000 will think $5000 is a lot, but for those who get paid $5000, they always think that it's not enuf....expectation different when we already reach there.
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Azraeil,
Since u r familiar with planner job function, can I get some advice from you on reading material and practices that I can obtain in the net as references? Cos I am rather blur on oil n gas industry. Previously you recommended some reading materials for my interview session, now I was wondering is there any resources or web that I can refer about the calculation, analysis and the importance of result in decision making....well, I do not know whether they will take me or not but I start to get interested in this topic, further, if i am lucky enough, there will be three months for me to get prepared.

I am also quite curious, during my interview, there wasn't any test, I read thru from the first post, there were some kind of test, it is compulsory or it is meant for fresh grad.?

Thanks a lot, ur comment is appreciated

azraeil
post Sep 18 2011, 03:57 PM

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QUOTE(Tomatoketchup @ Sep 18 2011, 09:17 AM)
Azraeil,
Since u r familiar with planner job function, can I get some advice from you on reading material and practices that I can obtain in the net as references? Cos I am rather blur on oil n gas industry. Previously you recommended some reading materials for my interview session, now I was wondering is there any resources or web that I can refer about the calculation, analysis and the importance of result in decision making....well, I do not know whether they will take me or not but I start to get interested in this topic, further, if i am lucky enough, there will be three months for me to get prepared.

I am also quite curious, during my interview, there wasn't any test, I read thru from the first post, there were some kind of test, it is compulsory or it is meant for fresh grad.?

Thanks a lot, ur comment is appreciated
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The test is usually associated if you went for an interview with PETRONAS, Carigali Hess is a completely different company than PETRONAS (Though Carigali is part of the PETRONAS Group) so that is one of the reason I think you didn't have any test during your interview.

As for reading material, go for Petroleum Economics books (maybe from the net or from Kinokuniya if they have it), a little bit of fundamental of Petroleum Engineering (no need to read-up on the scientific stuff) maybe understand about the production forecast and production profile (production decline etc) and Risk Management/Analysis in the Petroelum Industry.

The books obviously are expensive. Have a look at http://store.spe.org/ and there are several books on decision making in the Oil and gas industries etc. Planners are usually associated with Petroleum Engineering so once you're in the planner line of work, you'll most likely be joinig the SPE (Society of Petroleum Engineers). The society has tons of materials that you can buy (papers/publication etc). I'm with a company that has unlimited download of SPE Papers . Go to OnePetro.org and do a search on any title that may be relevant to you. PM me the SPE paper number and I'll download it and pass it to you if you are interested.
Tomatoketchup
post Sep 18 2011, 04:23 PM

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QUOTE(azraeil @ Sep 18 2011, 03:57 PM)
The test is usually associated if you went for an interview with PETRONAS, Carigali Hess is a completely different company than PETRONAS (Though Carigali is part of the PETRONAS Group) so that is one of the reason I think you didn't have any test during your interview.

As for reading material, go for Petroleum Economics books (maybe from the net or from Kinokuniya if they have it), a little bit of fundamental of Petroleum Engineering (no need to read-up on the scientific stuff) maybe understand about the production forecast and production profile (production decline etc) and Risk Management/Analysis in the Petroelum Industry.

The books obviously are expensive. Have a look at http://store.spe.org/ and there are several books on decision making in the Oil and gas industries etc. Planners are usually associated with Petroleum Engineering so once you're in the planner line of work, you'll most likely be joinig the SPE (Society of Petroleum Engineers). The society has tons of materials that you can buy (papers/publication etc). I'm with a company that has unlimited download of SPE Papers . Go to OnePetro.org and do a search on any title that may be relevant to you. PM me the SPE paper number and I'll download it and pass it to you if you are interested.
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Thanks for replying azraeil! Wow...society of petroleum engineers...something which sound so superb...suddenly I feel so inferior...I am not an engineer...over the time, do you think they will require me to take an engineer degree? Does most of the planners are with engineering background?

Thanks a lot for offering to download the material. Very kind of you indeed! You are a big help...well, let me do some searching first, not to kacau you at the moment, I hope I can still ask you when I don't understand what i am reading.

Thanks a lot azraeil. Really. Have a nice day

azraeil
post Sep 18 2011, 06:01 PM

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QUOTE(Tomatoketchup @ Sep 18 2011, 11:23 AM)
Thanks for replying azraeil! Wow...society of petroleum engineers...something which sound so superb...suddenly I feel so inferior...I am not an engineer...over the time, do you think they will require me to take an engineer degree? Does most of the planners are with engineering background?

Thanks a lot for offering to download the material. Very kind of you indeed! You are a big help...well, let me do some searching first, not to kacau you at the moment, I hope I can still ask you when I don't understand what i am reading.

Thanks a lot azraeil. Really. Have a nice day
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Don't worry, I'm a geologist and I am a member of SPE as well. They don't require you to be an engineer to be a member but they do require you to either be a student doing something related to the O&G or be working in the O&G company (that's just a guess and I might be wrong).

Do not worry about your background, once you secure the position as a planner and once you know how everything works in the division/dept, no one will ask what your background is. One of the best reservoir simulation engineer who wrote basically the bible on reservoir simulation has a background in Chemical Engineering, one of the best Petrophysicist that I know has a degree in Aeronautical Engineering before he went and became a petrophysicist .... the industry is such that we require people who are willing to learn and gain experience on-hand. Once you work there for 4-5 years, you'd be surprise that maybe you will have an opportunity to do a Masters degree in Petroleum Economics etc ... who knows right?

Anyway, here's hoping that you get the position that they interviewed you for.
azman ibrahim
post Oct 8 2011, 03:02 PM

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Hi azraeil,

I'm new in this forum. I've been following the threads and it's a very good advice you have given.

I have a few questions.

i really thank you for answering my questions. really appreciate it. semoga Allah merahmati anda.

Terima kasih

Azman

This post has been edited by azman ibrahim: Oct 8 2011, 06:48 PM
azraeil
post Oct 8 2011, 03:36 PM

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Azman,

Got your Pm and have replied to it. As mentioned in my PM, it all depends on the position you are after, if you are in the Tier 1 group, then obviously you should be asking a higher monthly salary. Any new employer will give you a 30% increase from what you are currently earning now so that would be a safe minimum to ask.

I don't believe they will hold you to the numbers you mentioned in the chit-chat.
azman ibrahim
post Oct 8 2011, 06:46 PM

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QUOTE(azraeil @ Oct 8 2011, 03:36 PM)
Azman,

Got your Pm and have replied to it. As mentioned in my PM, it all depends on the position you are after, if you are in the Tier 1 group, then obviously you should be asking a higher monthly salary. Any new employer will give you a 30% increase from what you are currently earning now so that would be a safe minimum to ask.

I don't believe they will hold you to the numbers you mentioned in the chit-chat.
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thank you very much for the detailed explanation. I really appreciate it very much.

insha Allah en Azraeil dirahmati Allah dan diberi kebahagiaan kerana sudi membantu.

Doakan saya. Terima kasih
azraeil
post Oct 9 2011, 12:55 PM

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Good Luck Azman and Insyaallah berjaya!

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