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 Oil & Gas Careers V12 - Upstream & Downstream, Market still slump, slow, snail pace...

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kaxe113
post Jul 14 2017, 09:21 AM

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QUOTE(efili @ Jul 13 2017, 05:18 PM)
PBJV and Korean booth stealing the spotlight this year  cool2.gif
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congrats to pbjv
but i'd say not only to korean but to chinese as well

https://en.wikipedia.org/wiki/Fortune_Global_500

This post has been edited by kaxe113: Jul 14 2017, 09:37 AM
nash9701
post Jul 14 2017, 12:59 PM

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I thought Barakah booth only got hot chicks, haha

(^__^)
saiga
post Jul 15 2017, 10:05 PM

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QUOTE(Vervain @ Jul 12 2017, 02:19 AM)
Yes. No participation from all operators and major service providers. Consider the most senyap and worse OGA. on the bright side, plenty of gifts to snag. my friend was lucky to get a samsonite back pack
manufacturing or or fabrication?
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Facilities Management.
Vervain
post Jul 15 2017, 10:37 PM

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QUOTE(saiga @ Jul 15 2017, 10:05 PM)
Facilities Management.
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My personal thought is if it pays good why not.. just earn a big chunk of money first. After rapid you may have better opportunity on other regions outside of malaysia.
ZZMsia
post Jul 17 2017, 07:25 AM

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QUOTE(McF7y @ Jul 13 2017, 08:33 PM)
Wow, I'm not sure what to say about OGA this year. Quite shocked at the turn-out in terms of visitors and exhibitors.

I think the big names were PBJV, Sapura Energy, McDermott and Technip.

The rest were the 'nuts & bolts' of the industry like equipment suppliers, instrumentation, pumps, valves etc.

I spent almost the whole of yesterday there and despite the low turn-out, I think it was still a somewhat good exhibition. Met some smaller vessel owners which might be good for my ship-broking side.
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Some of these guys are only the big timers at conferences/exhibitions.
Otherwise no project haha

McF7y
post Jul 17 2017, 08:26 AM

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QUOTE(ZZMsia @ Jul 17 2017, 07:25 AM)
Some of these guys are only the big timers at conferences/exhibitions.
Otherwise no project haha
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To be honest, I'm not sure what is the latest with McDermott and Barakah.

I work for a Shipping Agency and I have approached Barakah many times but they keep saying that whatever they are doing currently is mainly an extension of last year's contracts therefore no opportunity for us to offer our agency/offshore support services because they already have vendors in place. We have also participated in some SWEC bids with Barakah but their payments terms were not acceptable to our upper management.

Sapura, they pretty much swept the floor with the Pan-Malaysia awards didn't they? I hear they got awarded several packages. But apart from that, I think because of their new name, they had to showcase their new identity and brand.

Technip, I guess Malikai was the biggest last year and now Bardegg and Samarang at the tail-end which is quite decent for an industry facing a major slump.

I heard that HESS is exiting Malaysia? Anyone know about this? Apparently they're selling off FSO Bergading and have initiated a 3-5 year plan to eventually exit Malaysia.
ZZMsia
post Jul 17 2017, 08:32 AM

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QUOTE(McF7y @ Jul 16 2017, 08:26 PM)
To be honest, I'm not sure what is the latest with McDermott and Barakah.

I work for a Shipping Agency and I have approached Barakah many times but they keep saying that whatever they are doing currently is mainly an extension of last year's contracts therefore no opportunity for us to offer our agency/offshore support services because they already have vendors in place. We have also participated in some SWEC bids with Barakah but their payments terms were not acceptable to our upper management.

Sapura, they pretty much swept the floor with the Pan-Malaysia awards didn't they? I hear they got awarded several packages. But apart from that, I think because of their new name, they had to showcase their new identity and brand.

Technip, I guess Malikai was the biggest last year and now Bardegg and Samarang at the tail-end which is quite decent for an industry facing a major slump.

I heard that HESS is exiting Malaysia? Anyone know about this? Apparently they're selling off FSO Bergading and have initiated a 3-5 year plan to eventually exit Malaysia.
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T&^%Snip has almost no contracts right now. Samarang, malikai etc all little work. What they need is a full fledged EPCIC contract (new one) which they don't have.
PBJV nothing much going on.

McF7y
post Jul 17 2017, 08:56 AM

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QUOTE(ZZMsia @ Jul 17 2017, 08:32 AM)
T&^%Snip has almost no contracts right now. Samarang, malikai etc all little work. What they need is a full fledged EPCIC contract (new one) which they don't have.
PBJV nothing much going on.
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Oh man, Technip no contracts..that's not a good sign.
Vervain
post Jul 17 2017, 09:34 AM

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They still have some onshore works.
mhyug
post Jul 17 2017, 11:49 AM

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QUOTE(McF7y @ Jul 17 2017, 08:26 AM)
To be honest, I'm not sure what is the latest with McDermott and Barakah.

I work for a Shipping Agency and I have approached Barakah many times but they keep saying that whatever they are doing currently is mainly an extension of last year's contracts therefore no opportunity for us to offer our agency/offshore support services because they already have vendors in place. We have also participated in some SWEC bids with Barakah but their payments terms were not acceptable to our upper management.

Sapura, they pretty much swept the floor with the Pan-Malaysia awards didn't they? I hear they got awarded several packages. But apart from that, I think because of their new name, they had to showcase their new identity and brand.

Technip, I guess Malikai was the biggest last year and now Bardegg and Samarang at the tail-end which is quite decent for an industry facing a major slump.

I heard that HESS is exiting Malaysia? Anyone know about this? Apparently they're selling off FSO Bergading and have initiated a 3-5 year plan to eventually exit Malaysia.
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maybe who knows. they still got very very good gas producing fields which is being developed now and one if the blocks they have has a large and lets say very very good oil deposit in it (tho their contract is only for gas)

but who knows they might sell to someone else and pack up shop. those gas fields has some way to go before being fully exhausted.
noiseemunkee
post Jul 17 2017, 01:11 PM

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baru siap wanna sell d the bergading fso? heard phase 2 is already at fel3.
McF7y
post Jul 17 2017, 02:31 PM

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QUOTE(mhyug @ Jul 17 2017, 11:49 AM)
maybe who knows. they still got very very good gas producing fields which is being developed now and one if the blocks they have has a large and lets say very very good oil deposit in it (tho their contract is only for gas)

but who knows they might sell to someone else and pack up shop. those gas fields has some way to go before being fully exhausted.
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I see. That's what is confusing me a bit.

I keep hearing from drillers especially that drilling-wise, activities are supposed to pick up after mid-year.

But at the same time operators are exiting? Also a lot of decomm work happening in Asia but Malaysia hasn't really picked up yet. Apparently Thailand is leading Asia in decomm work.


McF7y
post Jul 17 2017, 02:33 PM

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QUOTE(noiseemunkee @ Jul 17 2017, 01:11 PM)
baru siap wanna sell d the bergading fso? heard phase 2 is already at fel3.
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That's what I thought too. She's yet to sail though, there's been another delay, multiple reasons.
sangarjuna
post Jul 17 2017, 03:08 PM

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QUOTE(McF7y @ Jul 17 2017, 09:56 AM)
Oh man, Technip no contracts..that's not a good sign.
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Met them last week, very touch time now i think, small piece of cake to be shared. They are fighting for the RAPID MOGAS EURO5, Malaysia Refinery Diesel Euro5. Heard 7 EPCs bidding for the MRDE5. Anyone hear about HIJAU2 project by HRC?
chipzlowyat
post Jul 17 2017, 04:26 PM

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QUOTE(sangarjuna @ Jul 17 2017, 03:08 PM)
Met them last week, very touch time now i think, small piece of cake to be shared. They are fighting for the RAPID MOGAS EURO5, Malaysia Refinery Diesel Euro5. Heard 7 EPCs bidding for the MRDE5. Anyone hear about HIJAU2 project by HRC?
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Is oil & gas currently picking up? some new mentioned T3ch^ip is getting FPSO coral ENI and dulang?

https://www.google.com/url?sa=t&rct=j&q=&es...y39uuuzNoDbrMAQ

seems CORAL FPSO is a big piece of cake.

also heard other EPC ie mustang, aker , amec FW is busy with workload currently?


mhyug
post Jul 17 2017, 06:24 PM

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well HESS may be thankfull for the delay in the fso. heard the bergading platform also having some issues, and the wells, those HPHT also total failure. now waiting for workover.

at least they learn a lesson and didnt continue with the 3rd well completion. ni la kes pisang buah dua kali, pisang yang harga dekat 30juta setandan.
Vervain
post Jul 17 2017, 08:26 PM

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QUOTE(sangarjuna @ Jul 17 2017, 03:08 PM)
Met them last week, very touch time now i think, small piece of cake to be shared. They are fighting for the RAPID MOGAS EURO5, Malaysia Refinery Diesel Euro5. Heard 7 EPCs bidding for the MRDE5. Anyone hear about HIJAU2 project by HRC?
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some source tells me its on hold.. even if they do release, its going to be a small work. Not going to happen so soon
meonkutu11
post Jul 17 2017, 09:28 PM

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QUOTE(mhyug @ Jul 17 2017, 06:24 PM)
well HESS may be thankfull for the delay in the fso. heard the bergading platform also having some issues, and the wells, those HPHT also total failure. now waiting for workover.

at least they learn a lesson and didnt continue with the 3rd well completion. ni la kes pisang buah dua kali, pisang yang harga dekat 30juta setandan.
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Another day another dollar brooo..
ZZMsia
post Jul 18 2017, 07:40 AM

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QUOTE(sangarjuna @ Jul 17 2017, 03:08 AM)
Met them last week, very touch time now i think, small piece of cake to be shared. They are fighting for the RAPID MOGAS EURO5, Malaysia Refinery Diesel Euro5. Heard 7 EPCs bidding for the MRDE5. Anyone hear about HIJAU2 project by HRC?
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All this onshore jobs.]
What about their offshore team?
SBM is doing better now;

McF7y
post Jul 18 2017, 08:30 AM

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QUOTE(sangarjuna @ Jul 17 2017, 03:08 PM)
Met them last week, very touch time now i think, small piece of cake to be shared. They are fighting for the RAPID MOGAS EURO5, Malaysia Refinery Diesel Euro5. Heard 7 EPCs bidding for the MRDE5. Anyone hear about HIJAU2 project by HRC?
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What's HIJAU2? Are these mainly refinery/plant projects?

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