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

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epiyana
post Jun 22 2011, 08:02 PM

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I have secured a position as an audit exec for Petroleum Management Unit (PMU) under PSC Audit, . I am currently working with PNB (Permodalan Nasional Berhad) so should I leave for Petronas? I was before that with Public Bank Berhad (as my 1st job) in internal auditing. i have been working for more than 4 years.. any comment?
epiyana
post Jun 22 2011, 09:58 PM

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azraeil:

not sure coz on the offer letter, it only says:

Tawaran Jawatan: Eksekutif (Audit)
Kod Jawatan: 01090166

Gaji permulaan: not even 5k

Any ideas?

What about the benefits working with Petronas? I also heard that the new management is considering to stop the force rank policy.. is this true?

Anyway, I'm more concern on whether I should leave PNB though wink.gif

This post has been edited by epiyana: Jun 22 2011, 10:07 PM
epiyana
post Jul 1 2011, 05:49 PM

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QUOTE(gsc12345 @ Jul 1 2011, 09:26 AM)
To all the senior who ever attended Petronas Structured Interview, may u all share what topics and situation of CASE STUDY and ROLE PLAY given to u???

I have gone through and passede telephone chi-chat session followed by online ability test...

And now i have confirmed with Petronas HR personnel that they will arrange an interview with me soon, and i want to get this job very much!!! ...

I applied for engineering executive E1 position. i only hav abt 2 years of experience but without any O&G experience.

so may all the senior out there pls share ur experience with me 
a) CASE STUDY TOPICS

b) ROLE PLAY SITUATION
THX FOR UR INFO AND YOUR ASSISTANT WILL BE APPRECIATED
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The other day they gave me a topic on customers' complaint but please bare in mind that i am an experienced staff from banking background so the topic could be different.

I they really consider you as an experienced staff then there should not be any Role Play. RP is only meant for fresh grads.

So prepare more for the presentation of case study and also make sure that u more or less remember the answers that u have given for your online ability test because they have a session just to verify that.

Anyhow I have rejected their offer.. salary not so competitive but the main reason is - the benefits suck and only good for fresh grads or maybe experienced staff who have never enjoyed the REAL benefits before.

PLUS of course due to a MUCH better offer from the future owner of Warisan Merdeka Tower wink.gif

ANYWAY GOOD LUCK!!
epiyana
post Jul 7 2011, 09:11 PM

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QUOTE(azraeil @ Jul 3 2011, 09:05 PM)
Wow, I didn't know that the benefits have been cut that bad ... I guess they increased the salary and then they cut the benefits. Bear in mind that previously the salary for Petronas was not as competitive as other O&G companies. A lot of staff complained about the salary and in most cases they did not or could not see the "other" benefits.

After 1000 skilled personnel in Geoscience and Petroleum Engineering left (me included) left the company (Do you wonder why our current oil production is now 450K barrels per day instead of the targetted 520K barrels per day?), Petronas decided to implement a new remuneration scheme BUT I guessed they had to cut some other benefots somewhere ...

Epiyana, it's a tough call on whether to stay or go (though you have made your decision). What PSC Audit does is basically they will Audit all the expenses that the Oil Operators (Exxon/Shell/Talisman/Newfield etc etc) makes to PETRONAS. These expenses falls under the Cost Oil Recovery Mechanism so MOST of the time, this are the expenses that will go to the operators and will not fall under the PITA, PSC Share etc etc, so the Audit guys are the most feared people by the Operators. They go to the Operator's offices and basically either endorsed or not endorsed the Cost Oil Recovery accounts.

In some cases, PMU has used this processes to squeeze the operators to implement Malaysianisation. Imagine that 2 million USD cost for one American/British expats that are rejected outright by Audit, and that is for one expat.

Whenever the Operators hire an expat, they require approval from several divisions in PMU and the most persuasive criteria is whether they can claim Cost Oil or not. If they cannot claim the cost oil, they most likely will not hire the person.

That's one part of the PSC Audit scope of work.

Anyway, maybe when I'm 50, I'll return to Petronas and "contribute" to the nation. I loved working in Petronas.
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Azraeil,

Thanks for your comment. Anyway i have made my decision and I have to live with it!
Just like you, I will with God's willing join Petronas ONE DAY and 'contribute' to the nation wink.gif


Added on July 7, 2011, 9:20 pm
QUOTE(faris_sn @ Jul 7 2011, 11:16 AM)
yesterday i got sms from jobstreet petronas lubricant want to view my resume...then i agree...

today HR people call me regarding the position offered (in accounting)...but he just need to forward to hiring manager before any SI...just wish i got it soon..h rclxms.gif ...quite proud they are interested on me actually.. rclxm9.gif

my question...HOW IS PETRONAS TODAY? heard a lot of thing +ve & -ve, but it is PETRONAS...a dream GLC co to join actually..is it??  tongue.gif
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Whenever you have the chance to go for the interview, take the challenge and show them how good you are.
If they decided to hire you, then make sure you think very carefully about all the things that you're gonna get.
you can refer to the comment made by silverbot 123 wink.gif

As for me, personally PETRONAS is GREAT for fresh grad primarily because of the salary but for an experienced staff like me who used to enjoyed REAL BENEFITS from my previous employer AND currently enjoying MUCH BETTER BENEFITS with my new employer.. PETRONAS is just not good enough wink.gif

This post has been edited by epiyana: Jul 7 2011, 09:20 PM
epiyana
post Aug 25 2011, 10:41 AM

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QUOTE(debbieyss @ Jul 18 2011, 04:16 PM)
WHo is your new employer? Which O&G? Mind to share?

Also, what about Deleum Berhad and Leighton Offshore? Good companies?
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I'm specializing in Banking/Finance/Audit not Engineering.. so I'm not with any OnG COs.. my employer is PNB - Permodalan Nasional Berhad [the future owner of Menara 100 tingkat - Merdeka Tower wink.gif]

Anyway, Petronas had recently made a counter offer.. I'm still thinking coz the differences compared to the original offer is quite significant wink.gif
Part of it also due to the working environment here in PNB, not like what I expected before.. sad.gif

so we'll see..

 

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