Not sure. Heard they did not secure any projects here.

Mainly business on offshore vessels.
Main operator umbrella contract also lost the WO inside it.
Almost won 1

The Operators squeeze all contractors so that they can give more to the government.

It's a good thing the crude price remains above USD70 during this covid19 pandemic that allowed oil&gas business to continue to bring money to the country. Else Petronas will have to scrape the bottom of its piggy bank to help govt run the country.

Some companies still lowballing people.
A friend of mine was offered more than 15% less than his current pay at M*E (Oil and gas Consulting firm).

He clearly rejected them. Not sure how they intend to attract staffs for the position with reduced salary offer.

The one at Puchong is different entity right?

How would the HIGHER price of crude oil be the reason?

Shouldn't this actually be all the more reason a project should be fast tracked?

I've not heard of a project not going ahead because of price of crude oil (which lets be honest, can be up and down as it pleases).

the joke is that the company has MISCellaneous departments that render their organisation to work slow and steady! 

1. Call from HR to submit CV
2. 1 month plus then ask to do assessment
3. 1 week after assessment go for IV
4. 2 months plus after IV still no answer from HR and Hiring manager

So yeah..

Any recommended company for fresh graduates in engineering?
didn't see many opening for graduate position

On Monday (Dec 6), UOB KayHian downgraded its call on Sapura Energy to "sell" and cut its target price to three sen (from 10 sen).

"We foresee further selling pressure [on Sapura Energy] given rumours of its distress and urgency to sell assets have reached main oil and gas newspapers, the timeline to review covenant waivers is nearing, a low likelihood of selling assets at a decent price, continued losses, and potentially lower leverage to renegotiate covenants after changes in key personnel.

"While developments may be choppy, we assume a worst-case bankruptcy scenario," the research house said.

UOB KayHian added that depending on developments, there is a chance that selling pressure may persist when markets start to price Sapura Energy similar to other PN17 O&G stocks (which also faced covenant breaches, liquidity issues or loan defaults).

On Dec 2, global energy news portal Upstreamonline reported that cash-strapped Sapura Energy looked to have been dealt a blow by failing to qualify for Petroliam Nasional Bhd's prized Kasawari phase two front-end engineering and design contract, with the contractor's financial woes said to be a determining factor.

According to Anuar (CEO), Sapura Energy has accumulated RM460 million in Covid-19-related costs, which are being claimed from clients.

“As a whole, the cost of Covid-19 was RM460 million, but the impact on contract costs to us was two to four times higher … So imagine, those are the costs that I incur and that have not been paid. So what does it do to the P&L? That’s negative cash flow going out, nothing in,” he says. 

Pay royalty 10 million to use 'Sapura Energy'.  I believe they will change to 'PNB Energy'  soon...haha

Brent crude hit past USD90!

Petronas has awarded Kasawari CCS FEED competition to 2 bidders.
1 in Malaysia and 1 in the Middle east

Yard from Johor
yard from UAE

Engineering for both contractors done in Malaysia

I believe its happen everywhere to avoid over manpower.. 

S...ra townhall at 2pm.

Anyone here dealt with mie offshore?
They offer salaries below current salary.
How to attract staffs? Do they know the market rates?

Yeah, and theres also people from Petronas on MSC contract that was shocked to get contract offer that was lower.

How about Meindhart EPCM ??