Any idea about FPSO Liza?

We are working towards participating in their RFQs but their vendor registration process is quite lengthy.

i think it is EURO IV project at HRC, EPCM by amec foster wheeler.

Thank you for the info.

I am not too well-versed with the onshore and refinery projects but HRC is Hengyuan Refininng Company at PD?

--

This post has been edited by Kilohertz: Jul 18 2017, 12:55 PM

Afw again..not bad not bad

I don't work there

mahal sungguh pisag itu.
We just completed Bunga Kesumba, Bergading C and Bergading D WHP

LOL, well noted.

i see. the 1st campaign we drilled n completed all those wells on that platform.

http://www.thestar.com.my/business/busines...d-gas-casualty/

O&G.....its a sunset industry oledi.

Can't be that bad can it?

I'm sure it will pick up, not anytime soon but gradually for sure, no?

For the oil price to get back to its height during its hey days are unlikely anytime soon but if we get to $60-80 per barrel in the next couple of years, it should still keep the industry afloat right?

Would it be a good idea to exit the industry before one gets too indoctrinated?

it will pick up, but it will take time.

it will pick up, but NOT at the heights we've seen. in a sense it will go to a normalized range per say 80 which is what most operators are hoping i think.

is it a sunset industry? no. unless some Einstein suddenly poped up tomorrow with new type of fuel, transport mode etc.(now im not saying oil is just used in cars, im just giving an example from the many examples/uses of crude)

Those alternative fuels will be suffering right now coz the original fuel "OIL" is still so cheap.

Those fuels such as solar energy etc will be tough to break even.

I think the problem is not supply but demand. The most recent largest diacovery was alaska this year. There are a lot of uses of oil however the demand is steadily reducing especially with the eu policies to phase out non electric cars

The demand for crude oil/gas is still there i think, petrochem business pretty much still relying on crude, power generation, heating, cooking etc. But do gasoline (end product) is covering majority of the portion of crude? no?

I loss count of how many people talk the same as u. Crude oil will be like food, humans need it literally to survive but its selling cheap (as compared to an Iphone which human does not need actually). If human survival commodities like food/agriculture are a necessity for mankind, then farmers would be driving ferraris now. Dont see that happening soon.

Just bcos mankind needs oil doesnt mean its gonna go up in price. The world economy dynamics is not that simple

Yeahhh.....people in the coal industry was talking the same thing during its heyday before natural gas comes along and wiped out the coal industry. The world is like a wheel....sometimes ur on top sometimes ur at the bottom.

FSO Bergading phase 2A T&I setp chain putus jatuh sea floor. x terambil sampai ke sudah. phase 2b, 3a, 3b & 4 for sure delay as long as the FSO is still in MMHE... last i heard was EAT may continue the works at location. bloody hell mesti 10x the cost doing it offshore then onshore... mengamuk la PM hess....

Tesla will be the pioneer, game changer..thats for sure.