QUOTE(blizice @ Apr 22 2019, 01:47 PM)
Nowadays lot company offer contract positions and the duration are getting shorter. Look like market in a pretty shaky situation
It's been that way for the past 3 years laaaa.... Oil & Gas Careers V12 - Upstream & Downstream, Market still slump, slow, snail pace...
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Apr 22 2019, 02:54 PM
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#201
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Apr 22 2019, 04:06 PM
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#202
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QUOTE(ayamxxx @ Apr 22 2019, 03:17 PM) uzma since 2017 practices of 1 month contract renewal for few staff. certain engineering consultants practice 'no-project-no-pay' for contract staff regardless the contract period.want to letgo also easier that way so if someone's contract is 1-year, it is not necessary he will be on pay basis all 1 year. If there is no more project for him to work, the company will ask him to take "unpaid leave" until new project comes in. it is really employers market now in oil & gas. This post has been edited by Stamp: Apr 22 2019, 04:07 PM |
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Apr 25 2019, 02:59 PM
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#203
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Limbayong bid closed last week.
Award is Sept 2019? |
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Apr 29 2019, 09:50 AM
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#204
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Apr 29 2019, 09:56 AM
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#205
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QUOTE(contestchris @ Apr 28 2019, 12:21 PM) Why award so long after tender close? As I know mainly for local players only. Planned award is September 2019. Bid closed only this month, they need time to "carry out" bid evaluations.Is this due to Malaya and Sabah / Srwk issues? Limbayong is in Sabah waters, and I doubt Sabah govt is kacauing this project. The Sarawak and Sabah fabricators were short listed as topsides fabricators, on top of MMHE and Sapura Lumut. In terms of logistics, it makes more sense and more economical for MMHE to undertake both fabricating the topsides and FPSO conversion. This post has been edited by Stamp: Apr 29 2019, 09:57 AM |
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Apr 30 2019, 06:00 PM
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#206
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May 1 2019, 12:04 PM
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#207
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QUOTE(Ravin786 @ May 1 2019, 12:01 AM) For Limbayong I heard 22 companies invited. Any info how many submitted the bids and who are they. Limbayong is the oil&gas related new local project this year that has many companies vying for a piece of it. After Kasawari’s disappointment for having to be put on cold storage due to senseless, selfish, self destructive politics.This is a showcase project for Petronas? |
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May 1 2019, 07:12 PM
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#208
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QUOTE(Ravin786 @ May 1 2019, 12:34 PM) My source in MISC said Limbayong could be delayed. The economics of the deep water development are good, but there are other matters that needed to be sorted out.This post has been edited by Stamp: May 1 2019, 07:15 PM |
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May 2 2019, 07:56 AM
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#209
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QUOTE(Kabelan @ May 1 2019, 10:36 PM) Any new projects ongoing or going to start in malaysia yard with LIVING QUARTERS? you should be knocking doors of the local fabricators.apart from Bokor in MMHE. Especially in Sapura. As im living quarters interior outfitting contractor looking for projects to tender. sapura is working on one ongc job now, but i believe the LQ will be fabricated by an indian fabricator (designed by AKER KL). |
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May 2 2019, 08:47 AM
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#210
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May 7 2019, 07:10 AM
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#211
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QUOTE(ZZMsia @ May 7 2019, 12:35 AM) New fpso awarded by India for Bumi Armada and Sharpooji. "Good luck" to Bumi Armada in partnering with an Indian company. It will be a battle of who knows the contracts by heart. Work from India for Malaysian companies. Good blend... https://www.thestar.com.my/business/busines...-ongc-of-india/ Let us see if Bumi can deliver the FPSO This post has been edited by Stamp: May 7 2019, 07:11 AM |
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May 7 2019, 12:05 PM
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#212
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QUOTE(Ravin786 @ May 7 2019, 11:54 AM) Heard from INFO the Upstream Online got it totally wrong. The idea of Yinson MISC JV didn't work out last minute. They submitted bids separately. Total 5 Bidders. Many TC's started rolling. My sources in MISC told me that MISC did not JV with Yinson for Limbayong project. I just didnt bother to correct the article from Upstream Online. |
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May 7 2019, 12:06 PM
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#213
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QUOTE(contestchris @ May 7 2019, 11:10 AM) Bumi already has two long-running and successful JV's with this Indian company. So I foresee no issue. Plus this time the Indian company had to shoulder 70% of the JV due to Bumi Armada's weak financial position. the more reason for the Indian company to dominate Bumi Armada! we are wondering whether Bumi Armada has any more staff left to carry out the project. |
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May 8 2019, 07:38 AM
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#214
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QUOTE(Kabelan @ May 7 2019, 11:41 PM) Heard will fabricated in sapura. But still early stage. Sapura will only fabricate the CPP topside, jacket and floatover accessories on the barge at its yard in Lumut. Other modules are fabricated by other JV fabricator FCon. there is no space for other structures' fabrication in Lumut since the Penaga CPP structures are already occupying half of the fabrication area. Moreover Sapura is also eyeing topsides from the FPSOs projects, and the upcoming Jerlun CPP.Bumi armada JV with indian company award for FPSO from ONGS for same block. This post has been edited by Stamp: May 8 2019, 07:42 AM |
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May 9 2019, 07:35 AM
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QUOTE(mhyug @ May 8 2019, 11:58 PM) out of curiosity, last few pages the discussion have been centered around the production side of the mentioned projects(top side/jacket/platform etc) , anyone know whats going on the drilling side of the projects? Recently, Carigali's new WHPs; i.e. Anjung, BokorD & BokorE were loaded-out from Brookeyard. I presume drilling will commence once the platforms are installed.how many wells? what type? New or brown field? which rig? whose doing tubular, cementing etc. looks like a major campaign but so far is there any clients doing major drilling these days. In a few months, 2 Sapura's WHP and 1 Shell's WHP will be loaded-out from the fab yard. There will be plenty of drilling activities in the next 6-9 months, I presume. |
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May 14 2019, 12:47 PM
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#216
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May 15 2019, 10:10 AM
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#217
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May 16 2019, 07:09 AM
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#218
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QUOTE(Ravin786 @ May 16 2019, 12:03 AM) Guys, heard from reliable source. Limbayong back to the drawing board. Don't know why. Anyone can give feedback on this? Somebody with good contact with the bidders will be able to tell I heard there were a few key development plans (related to downstream) that had not been finalised when the bid was tendered out. The worst case scenario, they would just delay the Limbayong award. This post has been edited by Stamp: May 16 2019, 07:10 AM |
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May 22 2019, 11:08 AM
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#219
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May 22 2019, 08:36 PM
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#220
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