QUOTE(wywy2020 @ Jul 6 2020, 09:36 PM)
Pull the plug means to call a haltOil & Gas Careers V12 - Upstream & Downstream, Market still slump, slow, snail pace...
Oil & Gas Careers V12 - Upstream & Downstream, Market still slump, slow, snail pace...
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Jul 7 2020, 03:27 PM
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#21
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Aug 5 2020, 03:05 PM
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#22
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Seems that Petronas is indeed looking to retender for the Limbayong FPSO but maybe some of the original bidders now want to partner with others.
Will that tender realistically still happen this year do you think? |
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Aug 7 2020, 02:51 PM
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Aug 13 2020, 06:45 PM
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#24
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Aug 20 2020, 08:05 PM
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Aug 21 2020, 04:09 PM
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Aug 25 2020, 02:48 PM
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Sep 28 2020, 03:59 PM
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QUOTE(abgkik @ Sep 19 2020, 10:10 AM) AKER have started work on Topside.. The Hull work will coming soon. Will AKER also do the hull FEED work for Mero 3?. This is the time that Malaysian Managers/Engineers have chance to shine because of MCO (During normal days, they love to hire expat even if they need to pay 5x more than Malaysian 🤔).. |
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Sep 29 2020, 10:36 PM
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#29
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Oct 1 2020, 04:36 PM
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QUOTE(Rorschach85 @ Oct 1 2020, 03:33 PM) Shell Malaysia announced a transformation programme for its upstream division that will axe 1,300 positions over the next two years. Shell Malaysia’s total workforce is approximately 6,500. “This is certainly a very difficult decision to make. We have made adjustments in our upstream portfolio and we will drive greater efficiency in our operations. Regretfully, these have resulted in an unavoidable impact on staff,” said Iain Lo, Shell Malaysia chairman. The programme will focus on improving efficiency and removing complexity to become a more agile and competitive company. “We are strengthening our organisation by prioritising productivity and efficiency, without compromising on safety and reliability. We will emerge from this process as a more nimble, resilient and competitive player in the Malaysian oil and gas industry,” said Lo. Shell has a long history in Malaysia. It will mark its 125th anniversary in the country in 2016. “We are proud of our contributions to the oil and gas industry in Malaysia. We look forward to continue a long and fruitful partnership with PETRONAS. We also believe that we have much to contribute to the nation, especially to Sabah and Sarawak, when it comes to the development of the country’s resources. I want to be unequivocal in saying that Shell remains confident of its future in Malaysia,” said Lo. Malaysia is one of the very few countries in the Shell Group where all the major lines of Shell’s business, from the upstream to the downstream as well as business services, are present. Shell Malaysia is a leading explorer in the country, having invested an average of USD 100 million per year over the last six years and having made 11 discoveries in the past 24 months. Shell’s midstream presence in Malaysia has served as an important innovation hub for the group. Shell built its first commercial-scale Gas-to-Liquid (GTL) plant in Bintulu, Sarawak. GTL research and development has led to a number of innovative products, such as Shell Helix Ultra PurePlus technology. In the downstream segment, Shell continues to extend its leadership as the fuels and lubricants brand of choice. Most recently, through its Welcome To Shell initiative, the company embarked on a three-year business and culture change that will see its retail sites nationwide become leaders in hospitality and customer service on Malaysian roads. Shell has a long history in Malaysia. It will mark its 125th anniversary in the country in 2016?????? Is this a recent statement from Lo? “Shell Malaysia is preparing itself to be more competitive in a low oil price environment. Continuing business as usual is not sustainable. We are taking difficult, but necessary action. We have a strategy going forward, anchored on our scale and competitiveness in the upstream and leveraging our leading brand in the downstream. We remain aligned strategically with the Group and we are confident that we will be able to deliver competitive returns for our shareholders, thus earning the mandate to compete for our future in Malaysia,” Lo said. |
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Oct 1 2020, 04:39 PM
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QUOTE(NewBodOnTheBlock @ Oct 1 2020, 04:36 PM) Sorry, my question was on this sentence "Shell has a long history in Malaysia. It will mark its 125th anniversary in the country in 2016."Is this an old statement from Lo or maybe the year should be 2026? I know many in Shell are worried for their future. A BP manager just committed suicide after he was retrenched... |
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Oct 2 2020, 03:18 PM
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QUOTE(Stamp @ Oct 1 2020, 05:11 PM) Why are you sympathetic with those in Shell who fear of losing their jobs? Those working in Petronas, Exxonmobil, Hess are also in the same boat. There have been many retrenchment of staffs in oil & gas industry in Malaysia. Some of them are driving Grabcar now. Sorry, if I caused any offence. I am sympathetic with all those faced with losing their jobs and being hit with pay cuts in Malaysia and further afield, I've been there myself both this time and during the previous oil price crash.It was simply because the post was talking about the Shell retrenchments and I know people there. |
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Oct 9 2020, 04:00 PM
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Oct 13 2020, 03:44 PM
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Nov 2 2020, 05:56 PM
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Dec 7 2020, 04:40 PM
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Dec 9 2020, 09:18 PM
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Dec 9 2020, 09:28 PM
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Dec 23 2020, 10:03 PM
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Reuters reports that the Cendor field is offline...
Malaysia's Petronas plans to resume output at its Cendor offshore oilfield in January after production was unexpectedly halted in late October to early November, three trade sources said. The reason for the outage at the oilfield located at block PM304, offshore Peninsular Malaysia, is not known. Petronas said it could not immediately comment on the matter. Malaysia last exported about 600,000 barrels of Cendor crude in September, according to Refinitiv shipping data. The parcel was delivered to a refinery in Brisbane, Australia. REUTERS |
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Dec 31 2020, 04:55 PM
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#40
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