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

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abgkik
post Jun 13 2022, 02:49 AM

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QUOTE(Stamp @ Jun 8 2022, 01:41 PM)
Recently MISC announced that the company had appointed a new CEO.

I guess the fallout from under performing overbudget MERO 3 project has materialised.

The witch hunt has begun!
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ha ha ha.. is not about MERO 3 project. MERO 3 project and budget execution is normal for FPSO project. smile.gif
abgkik
post Jun 18 2022, 01:18 AM

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QUOTE(Stamp @ Jun 13 2022, 09:38 AM)
on the contrary.

mero 3 is currently running on over budget. i can't elaborate more in this public forum.
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That is still under control, I have been through this budget matter with more than 8 FPSO projects. There are few layer of budgets. MISC CEO also have clarified this matter.

I also have been in Project that based on Client Milestone, resulted the project been abandoned even after 'keel laying'. wink.gif

QUOTE(iamyourdaddy27 @ Jun 17 2022, 11:00 AM)
Anyone heard any recent rumours on Limbayong? I heard that the project to be retender once again. Anyone heard the same?
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There is no news from Petronas. I believe what you heard is just speculation.
abgkik
post Jun 18 2022, 01:19 AM

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QUOTE(mohdyakup @ Jun 17 2022, 03:22 PM)
Again??? Booooo
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lama tunggu ni.. bagi ajalah kat MTCE tu.. smile.gif
abgkik
post Jun 28 2022, 02:27 PM

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Sapura Energy kembali untung...

Untunglahhh smile.gif

https://www.freemalaysiatoday.com/category/...mil-q1-profits/
abgkik
post Jun 29 2022, 07:44 AM

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Helicopter Crashed at India Offshore

We pray the best for all of us..

Deeply mourns to this tragic loss of 7 lives. 4 still in critical condition.

https://www.republicworld.com/india-news/ge...rticleshow.html


abgkik
post Jul 23 2022, 11:35 PM

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This thread so quite nowadays..

In FPSO segment there are 2 place currently booming, Brazil and Guyana.. smile.gif

1. YINSON - MARLIM Field, Brazil

https://www.upstreamonline.com/rigs-and-ves...eld/2-1-1255779

2. MODEC - BUZIOS, Brazil

https://www.upstreamonline.com/field-develo...own/2-1-1262963

3. MODEC - MERO1, Brazil

https://www.youtube.com/watch?v=sjbJhAtj3vI

4. SBM - MERO 2, Brazil

https://www.offshore-mag.com/rigs-vessels/a...st-brazil-yards

5. SBM - GUYANA

https://www.offshore-mag.com/rigs-vessels/a...one-guyana-fpso

6. Exxon Guyana

https://www.forbes.com/sites/uhenergy/2022/...sh=7e32c9757cdb

7. Not to forget, Petronas is entering Brazil.. Set 2 well campaign offshore in 2023.

https://www.theedgemarkets.com/article/petr...-brazil-og-push

This post has been edited by abgkik: Jul 23 2022, 11:42 PM
abgkik
post Oct 4 2022, 02:16 AM

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QUOTE(contestchris @ Sep 18 2022, 11:52 AM)
Looks like Malaysian FPSO players are on a roll in the Angola scene. 2 recent contract wins for Yinson (BP and Eni), and now a win for Bumi Armada (TotalEnergies).

Anybody have further information on this project? Where is the team responsible to develop this project coming from? Any involvement of Shapoorji O&G in this?

Also, are FPSO contracts of these nature common, where the contract is just an EPC contract, rather than a lease contract? As I understand it, Bumi Armada will just design and build the FPSO, and then hand it over to TotalEnergies for ownership and operation. This is unlike all their previous FPSOs, where they design, build, own and operate the vessels.


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Bumi key engineer still in the office. They just need to re-assemble the team. smile.gif

For this project, I believe Shapoorji will involve in sharing project manpower as there is no project in their hand currently..



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