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

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NewBodOnTheBlock
post Jan 6 2021, 05:21 PM

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QUOTE(Stamp @ Jan 6 2021, 12:34 PM)
Bid is ongoing, closing this month. “Expected” award in 2Q 2021, barring no other hiccups.
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MayBank says Yinson and MISC will compete head-on for the Limbayong FPSO retender
NewBodOnTheBlock
post Jan 19 2021, 04:49 PM

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QUOTE(ZZMsia @ Jan 18 2021, 10:55 AM)
Yeah confirmed. I cannot reveal more for now.

We wait for news to come officially who the contractor for the main package
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Heard that L FPSO bid submission date pushed back a few weeks
NewBodOnTheBlock
post Feb 8 2021, 06:02 PM

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Heard that Total is open to Malaysian contractors bidding for an EPIC job for two small platforms for a project in Denmark.

Apparently Singapore's Sembcorp is also under consideration.
NewBodOnTheBlock
post Apr 6 2021, 01:55 PM

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QUOTE(Stamp @ Apr 5 2021, 08:04 PM)
Yes. Jerun CPP topside includes one wellhead module which will be installed on top of the jacket for early drilling. The CPP topside will be installed about a year later via floatover technique.
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NewBodOnTheBlock
post Apr 6 2021, 01:56 PM

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QUOTE(NewBodOnTheBlock @ Apr 6 2021, 01:55 PM)

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Seems like M finally has the LoA for the Jerun CPP...
NewBodOnTheBlock
post May 10 2021, 03:57 PM

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Hello, is there any progress on the Limbayong FPSO tender?

Was unsure if MISC is still interested given its statement on Friday re focus on Mero-3...

NewBodOnTheBlock
post Jun 7 2021, 09:28 PM

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QUOTE(ZZMsia @ Jun 5 2021, 05:29 PM)
Refer my posting above.

And yes.. rclxm9.gif  rclxm9.gif  rclxm9.gif  rclxm9.gif  rclxm9.gif

quite a big CPP
Operator: NOC (North oil company)
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Friend in Korea said DSME would build the CPP and sub-contract jacket to MMHE...
NewBodOnTheBlock
post Jun 28 2021, 11:01 PM

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QUOTE(ZZMsia @ Jun 20 2021, 03:05 PM)
2 big ITBs received by the 2 big yards in Malaysia in June 2021.

Both by Shell. 1 in Malaysia, 1 in Australia.

Get ready for lots of enquiries into the market.
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Crux in Australia?
NewBodOnTheBlock
post Jul 26 2021, 02:51 PM

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QUOTE(ZZMsia @ Jul 26 2021, 09:08 AM)
Info from project team. Many changes in the Pre-feed studies. Additional platforms planned.
FEED studies delayed, yes.

Shell project jalan first , this one will be late.
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PTTEP already said LL now only on stream in 2026 and not 2025. New project scope understood to be looking at a CCS platform nearby for the sour gas.
NewBodOnTheBlock
post Aug 24 2021, 07:04 PM

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QUOTE(iamyourdaddy27 @ Aug 24 2021, 12:32 PM)
What is SPS stand for? and award to?
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Subsea production system - awarded to Technip earlier this year
NewBodOnTheBlock
post Feb 15 2022, 12:20 AM

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QUOTE(abgkik @ Feb 9 2022, 02:14 PM)
Owner is trying to meet their range of budget I think..  hmm.gif
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Apparently only bid for Limbayong FPSO this time around - MTC with Shapoorji but not Bumi Armada
NewBodOnTheBlock
post Mar 10 2022, 01:22 PM

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QUOTE(Stamp @ Feb 17 2022, 10:29 AM)
In a coma.
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I hear work at Sapura's Lumut yard has virtually ground to a halt with delays a'plenty...
NewBodOnTheBlock
post Mar 15 2022, 05:00 PM

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It seems that Shell is close to awarding EPC contracts for Rosmari Marjoram, could be good news for MMHE
NewBodOnTheBlock
post Apr 11 2022, 02:12 PM

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QUOTE(ZZMsia @ Apr 2 2022, 08:51 PM)
They are admitting something


Describing the current problem as one that was caused by “legacy contracts”, he said Sapura Energy inherited this from the previous management that took the decision to aggressively bid for projects after the oil crash in 2014.

“The downcycle of the O&G sector, which started with the oil price crash in 2014, lasted for almost seven years. During that time, many service providers like us went into aggressive bidding as we chased the shrinking job pie. Oil majors had cut their capital expenditure.

“With the prolonged under-investment by the oil majors coupled with the competitive tension among those of us bidding for projects, the result was that the clients passed most of the risk to us. This is why all of us in O&G services are in trouble,” Anuar was quoted as saying by The Star.

He added that Sapura Energy had many projects that were returning a negative value, adding that all of its losses stemmed from these legacy contracts.

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Am hearing several high-ranking Sapura officials will be departing in the coming weeks and that staffing levels will be run down to a skeleton team.
NewBodOnTheBlock
post Apr 18 2022, 02:18 PM

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QUOTE(ZZMsia @ Mar 17 2022, 12:22 PM)
and pre-feed also few years back..
Unlike lang lebah, this project actually progressed.
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Is there any news on the Lang Lebah FEED contract? Upstream had reported an award coming soon.
NewBodOnTheBlock
post Apr 23 2022, 07:09 PM

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QUOTE(abgkik @ Apr 23 2022, 06:13 AM)
Seem like McDermott is busy in hiring for their FPU project..  hmm.gif

As the project required knowledge on NOPSEMA, I believe this should be for Australia Oil and Gas..
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Likely Shell's Crux project methinks
NewBodOnTheBlock
post Apr 25 2022, 12:35 PM

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QUOTE(abgkik @ Apr 25 2022, 09:38 AM)
I just noticed there is Scarborough FPU project at Australia..
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McDermott is constructing the Scarborough FPU
NewBodOnTheBlock
post Apr 25 2022, 12:37 PM

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Energy Intelligence reports that PTTEP has awarded the FEED contract for Lang Lebah CCS work but it's behind a paywall...

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