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

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NewBodOnTheBlock
post Jul 7 2020, 03:27 PM

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QUOTE(wywy2020 @ Jul 6 2020, 09:36 PM)
Pull the plug mean back on track?
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Pull the plug means to call a halt
NewBodOnTheBlock
post Aug 5 2020, 03:05 PM

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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?
NewBodOnTheBlock
post Aug 7 2020, 02:51 PM

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QUOTE(Stamp @ Aug 6 2020, 09:23 PM)
Jerun CPP EPC award delayed end of the year.

Next CPP is Lang Lebah. That's one big field development.
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Lang Lebah FEED being tendered/awarded yet?
NewBodOnTheBlock
post Aug 13 2020, 06:45 PM

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QUOTE(thisismalaysia @ Aug 13 2020, 06:22 PM)
user posted image
FEED Large Gas Compression Platform, Lang Lebah or Jerun ya?
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Perhaps it is for Posco's Shwe project off Myanmar? McDermott is doing FEED work now
NewBodOnTheBlock
post Aug 20 2020, 08:05 PM

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QUOTE(ZZMsia @ Aug 19 2020, 04:11 PM)
Not mistaken, many has been laid off over the past few months already.
They have no other jobs in the engineering office.
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What is Aker doing on Mero 3 please?
NewBodOnTheBlock
post Aug 21 2020, 04:09 PM

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QUOTE(ZZMsia @ Aug 21 2020, 08:09 AM)
Heard that the fabricator is from China.
Not korean
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Chinese yards most likely for Mero 3 although maybe topsides and hull work at different contractors. Upstream reported that Sembcorp Marine was also interested but no Korean companies in the frame
NewBodOnTheBlock
post Aug 25 2020, 02:48 PM

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QUOTE(Stamp @ Aug 20 2020, 10:13 PM)
Topsides engineering and design.
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A little bird mentioned that Siemens might have some work on the Mero-3 topsides too smile.gif
NewBodOnTheBlock
post 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.
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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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Will AKER also do the hull FEED work for Mero 3?
NewBodOnTheBlock
post Sep 29 2020, 10:36 PM

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QUOTE(Feliciaeve @ Sep 24 2020, 08:59 AM)
Is this Shell's Rosmari project?
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Upstream had earlier reported Hyundai and Samsung doing parallel FEED for RM onshore plant. Would the winner not get the EPC work too?
NewBodOnTheBlock
post 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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NewBodOnTheBlock
post Oct 1 2020, 04:39 PM

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QUOTE(NewBodOnTheBlock @ Oct 1 2020, 04:36 PM)

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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...
NewBodOnTheBlock
post 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.
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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.
NewBodOnTheBlock
post Oct 9 2020, 04:00 PM

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QUOTE(Stamp @ Oct 8 2020, 04:32 PM)
i guess they sent out the ITB to more FPSO players, international?
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Apparently Limbayong FPSO ITB excludes Chinese yards from performing hull conversion work...
NewBodOnTheBlock
post Oct 13 2020, 03:44 PM

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QUOTE(Stamp @ Oct 10 2020, 11:37 AM)
MISC is looking high and low for a Chinese fabrication yard for Mero 3.
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Is Limbayong Surf ITB also out yet?

NewBodOnTheBlock
post Nov 2 2020, 05:56 PM

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QUOTE(thisismalaysia @ Oct 28 2020, 02:13 PM)
Bayan MOPU, is it new build project?

Conoco's Salam, Patawali & Benum, did MTC get a lease FPSO contract?
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Who else was bidding for Patawali FPSO?
NewBodOnTheBlock
post Dec 7 2020, 04:40 PM

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QUOTE(abgkik @ Dec 7 2020, 11:08 AM)
You are correct...  smile.gif
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Mero-4 FPSO bids now due on 1 February 2021, deadline pushed back from mid-November
NewBodOnTheBlock
post Dec 9 2020, 09:18 PM

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QUOTE(ZZMsia @ Dec 9 2020, 11:20 AM)
Is it from upstream?
My friend informed info on LL is its on..
Not feed also yet so far.
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NewBodOnTheBlock
post Dec 9 2020, 09:28 PM

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QUOTE(NewBodOnTheBlock @ Dec 9 2020, 09:18 PM)

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PTTEP last week repeated that FID for LL in 2022, operator also said more drilling on Block SK 410B next year.

FEED is expected be awarded next year. Unsure when the tender will be issued - or is it already out?

NewBodOnTheBlock
post 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

NewBodOnTheBlock
post Dec 31 2020, 04:55 PM

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QUOTE(O&Gnewbie @ Dec 30 2020, 09:32 AM)
I mean the Petronas Activity Outlook
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Petronas today released its 2021-2023 outlook smile.gif


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