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

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Stamp
post Apr 22 2019, 02:54 PM

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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
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It's been that way for the past 3 years laaaa.... doh.gif
Stamp
post Apr 22 2019, 04:06 PM

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QUOTE(ayamxxx @ Apr 22 2019, 03:17 PM)
uzma since 2017 practices of 1 month contract renewal for few staff.
want to letgo also easier that way
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certain engineering consultants practice 'no-project-no-pay' for contract staff regardless the contract period.

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. dry.gif

This post has been edited by Stamp: Apr 22 2019, 04:07 PM
Stamp
post Apr 25 2019, 02:59 PM

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Limbayong bid closed last week.

Award is Sept 2019?
Stamp
post Apr 29 2019, 09:50 AM

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QUOTE(ben3003 @ Apr 28 2019, 08:16 PM)
limbayong is pcsb or shell? Because the block shell is 35% conoco 35% pcsb 30%
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Operator will be PCSB, I believe.
Stamp
post Apr 29 2019, 09:56 AM

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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.

Is this due to Malaya and Sabah / Srwk issues?
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Planned award is September 2019. Bid closed only this month, they need time to "carry out" bid evaluations.

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
Stamp
post Apr 30 2019, 06:00 PM

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QUOTE(yunodie @ Apr 29 2019, 01:18 PM)
Not kacau-ing now, Sabah does not have a fabricator anyway. Later during HUC/Drilling/Completion baru kacau, via Sabah work permit. A lot of Sarawakians work permit can't get through these days.
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MISC's competitor is one Sabah company SIP. brows.gif
Stamp
post May 1 2019, 12:04 PM

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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.

This is a showcase project for Petronas?
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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.
Stamp
post May 1 2019, 07:12 PM

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QUOTE(Ravin786 @ May 1 2019, 12:34 PM)
Thanks. Just heard they might cancel Limbayong. I might be getting wrong info then.
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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
Stamp
post May 2 2019, 07:56 AM

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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?
apart from Bokor in MMHE.
Especially in Sapura.

As im living quarters interior outfitting contractor looking for projects to tender.
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you should be knocking doors of the local fabricators.

sapura is working on one ongc job now, but i believe the LQ will be fabricated by an indian fabricator (designed by AKER KL).
Stamp
post May 2 2019, 08:47 AM

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QUOTE(jimbet1337 @ May 2 2019, 07:57 AM)
Indian fabricator, Afcons?
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Yes
Stamp
post May 7 2019, 07:10 AM

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QUOTE(ZZMsia @ May 7 2019, 12:35 AM)
New fpso awarded by India for Bumi Armada and Sharpooji.

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
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"Good luck" to Bumi Armada in partnering with an Indian company. It will be a battle of who knows the contracts by heart. sweat.gif

This post has been edited by Stamp: May 7 2019, 07:11 AM
Stamp
post May 7 2019, 12:05 PM

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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.
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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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post May 7 2019, 12:06 PM

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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.
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the more reason for the Indian company to dominate Bumi Armada! brows.gif

we are wondering whether Bumi Armada has any more staff left to carry out the project.
Stamp
post May 8 2019, 07:38 AM

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QUOTE(Kabelan @ May 7 2019, 11:41 PM)
Heard will fabricated in sapura. But still early stage.
Bumi armada JV with indian company award for FPSO from ONGS for same block.
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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.

This post has been edited by Stamp: May 8 2019, 07:42 AM
Stamp
post 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?

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.
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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.

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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post May 14 2019, 12:47 PM

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QUOTE(DuFfz @ May 14 2019, 08:15 AM)
recently about 400+ personnel kantoi having faking their bosiet / medical for their osp..wow
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wow dalam oil&gas pun ada orang ini macam? doh.gif
Stamp
post May 15 2019, 10:10 AM

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QUOTE(forrest @ May 15 2019, 09:51 AM)
i knew there are subsurface staff(s) who used fake degree and working and got caught/ fired. Nowsaday some company do details background check through 3rd party before proceed to give offer letter.
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locals or foreigners?
Stamp
post May 16 2019, 07:09 AM

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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
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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
Stamp
post May 22 2019, 11:08 AM

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QUOTE(contestchris @ May 21 2019, 08:36 PM)
2020 Kasawari?
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2020 Jerlun
Stamp
post May 22 2019, 08:36 PM

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QUOTE(contestchris @ May 22 2019, 07:23 PM)
Then Kasawari bila? Kasawari has been floated as the "next big thing" for a long time already now!
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Tell the Sarawakian politicians to stop using Kasawari development as a ransom to the Federal govt to demand more from oil&gas in Sarawak.

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