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

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mhyug
post Nov 8 2017, 06:25 PM

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QUOTE(Stamp @ Nov 8 2017, 05:05 PM)
Heard HESS’ planning an exit strategy within 4 years. When I asked a friend in HESS, he was like “WTF?”. 😁
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would be wtf indeed haha. they just finished many platforms in bergading field and if according to their 'planning' they got some 5/6 years of drilling of HPHT wells.

but its planning la, whether they drill or not whole different story.

Naga 8 still at the CPP up to mid next year.
Rodimus_Prime
post Nov 9 2017, 08:53 AM

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QUOTE(Stamp @ Nov 8 2017, 01:16 PM)
Put in simple for you; when you are in Rome do what the Roman does.

So if you want to operate in Malaysia, you need to adhere to the minimum local hiring requirements.

Tepuk dada tanyalah selera!
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rclxs0.gif Malaysia/Putrajaya is no Rome, it does not have the same power and influence that Rome had. Else, how do you explain the "force" hiring of Proton Chinese CEO even though Geely only have a miniorty stake? Let me tell you something, if you want investment/money/jobs, you comply with what the investors want.

Let me remind you, the regulation never mentioned that a certain race must dominate 90% or more of the positions. It only mentioned "appropriate level of participation", and 70% is more than appropriate.


quebix
post Nov 9 2017, 09:16 AM

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sorry, just wanna ask you guys, in the last few months my wife got a few offers from O&G companies, well not offers la, but more to asking if she is interested, but she didnt go for the interviews.

Does this means that O&G companies are doing better now and hiring up people?
mhyug
post Nov 9 2017, 09:21 AM

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QUOTE(quebix @ Nov 9 2017, 09:16 AM)
sorry, just wanna ask you guys, in the last few months my wife got a few offers from O&G companies, well not offers la, but more to asking if she is interested, but she didnt go for the interviews.

Does this means that O&G companies are doing better now and hiring up people?
*
thats very broad and vague. but it comes to your own preference and what you want. if you think the offer is good go for it. attending a job IV is never a bad thing on these difficult times.

i think a company will still hire if they need the staff, equally will retrench if they think they can still operate at optimum levels.

i guess the difference will be during good times and bad times is how well you are paid, benefits, work load and etc.

This post has been edited by mhyug: Nov 9 2017, 09:22 AM
meonkutu11
post Nov 9 2017, 10:05 AM

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2nd JDC rigs in Malaysia


Hakuryu-5 to commence Mubadala charter in January 2018
MALAYSIA: Japan Drilling semi Hakuryu-5 is now scheduled to commence its next charter in Malaysia at the turn of the year.

The upcoming charter in Malaysia, with Mubadala Petroleum, is for two wells during early first quarter 2018, plus one option well in fourth quarter 2018. The unit is en route to Malaysia following completion of its summer drilling campaign with Gazpromneft-Sakhalin on the Ayashsky block in the Sea of Okhotsk. After the charter with Mubadala, the unit has a contract in Vietnam for two wells during third quarter 2017.

Hakuryu-5 to commence Mubadala charter in January 2018
MALAYSIA: Japan Drilling semi Hakuryu-5 is now scheduled to commence its next charter in Malaysia at the turn of the year.

The upcoming charter in Malaysia, with Mubadala Petroleum, is for two wells during early first quarter 2018, plus one option well in fourth quarter 2018. The unit is en route to Malaysia following completion of its summer drilling campaign with Gazpromneft-Sakhalin on the Ayashsky block in the Sea of Okhotsk. After the charter with Mubadala, the unit has a contract in Vietnam for two wells during third quarter 2017.

08-Nov-2017

Another potential takeover...



A.P. Moeller-Maersk on track to exit offshore drilling
INTERNATIONAL: Maersk Drilling has now been classified as discontinued operations by parent company A.P. Moeller-Maersk, which aims to have a structural solution in place within the next 12 months.

The move triggered an accounting impairment of USD 1.75 billion. As a result, Maersk Drilling posted a loss of USD 1.67 billion for third quarter 2017. Total revenue was down by 38% to USD 380 million, a fall from USD 733 million one year ago. The rig contractor is just one of three businesses - along with Maersk Oil and Maersk Tankers - that is being discontinued. In A.P. Moeller-Maersk's latest quarterly conference call, CEO Soren Skou declined to comment on news reports a few months back that suggested the firm was in talks with Rowan to sell its drilling business. Maersk Drilling operates a fleet of 23 rigs, comprising 15 jackups, four drillships and four semis.

08-Nov-2017

Someone was asking about IPC...


IPC signs up PV Drilling VI for Malaysia
VIETNAM/MALAYSIA: The contract for a charter of PV Drilling (PVD) jackup PVD VI for a drilling campaign with IPC (ex-Lundin) off Malaysia is understood to have now been signed, according to market sources.

The work scope covers two wells lasting between 60 and 90 days, including mobilisation and demobilisation time. Commencement is scheduled for December 2017, after the rig completes ongoing work with Premier Oil off Vietnam. The IPC scope will keep the rig occupied until around February 2018. PV Drilling VI will then return to Vietnam to undertake work with Rosneft. The latter campaign is scheduled for commencement in second quarter 2018. PVD VI is then free to pursue other opportunities, in particular offshore Vietnam.



quebix
post Nov 9 2017, 10:34 AM

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QUOTE(mhyug @ Nov 9 2017, 09:21 AM)
thats very broad and vague. but it comes to your own preference and what you want. if you think the offer is good go for it. attending a job IV is never a bad thing on these difficult times.

i think a company will still hire if they need the staff, equally will retrench if they think they can still operate at optimum levels.

i guess the difference will be during good times and bad times is how well you are paid, benefits, work load and etc.
*
thanks.
what do u think about the O&G field in general?
issit better now?
mhyug
post Nov 9 2017, 11:08 AM

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QUOTE(quebix @ Nov 9 2017, 10:34 AM)
thanks.
what do u think about the O&G field in general?
issit better now?
*
still the same as when the slump started. jobs are there but every client is doing short term campaigns. no more sure shot 2/3 years contract and tenders.

as for job opportunities, its quite the same. more competition but limited openings. but if you are scouted or received a call up, wont hurt to give it a shot.
quebix
post Nov 9 2017, 11:10 AM

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QUOTE(mhyug @ Nov 9 2017, 11:08 AM)
still the same as when the slump started. jobs are there but every client is doing short term campaigns. no more sure shot 2/3 years contract and tenders.

as for job opportunities, its quite the same. more competition but limited openings. but if you are scouted or received a call up, wont hurt to give it a shot.
*
thanks bro.
appreciate it.
as i informed in my original post, its my wife who got the call up.
steel52
post Nov 9 2017, 11:26 AM

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QUOTE(mhyug @ Nov 9 2017, 11:08 AM)
still the same as when the slump started. jobs are there but every client is doing short term campaigns. no more sure shot 2/3 years contract and tenders.

as for job opportunities, its quite the same. more competition but limited openings. but if you are scouted or received a call up, wont hurt to give it a shot.
*
freshie didnt receive any call... although i'd submitted plenty
adibyusoff
post Nov 9 2017, 04:11 PM

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QUOTE(meonkutu11 @ Nov 9 2017, 10:05 AM)
2nd JDC rigs in Malaysia
Hakuryu-5 to commence Mubadala charter in January 2018
MALAYSIA: Japan Drilling semi Hakuryu-5 is now scheduled to commence its next charter in Malaysia at the turn of the year.

The upcoming charter in Malaysia, with Mubadala Petroleum, is for two wells during early first quarter 2018, plus one option well in fourth quarter 2018. The unit is en route to Malaysia following completion of its summer drilling campaign with Gazpromneft-Sakhalin on the Ayashsky block in the Sea of Okhotsk. After the charter with Mubadala, the unit has a contract in Vietnam for two wells during third quarter 2017.

Hakuryu-5 to commence Mubadala charter in January 2018
MALAYSIA: Japan Drilling semi Hakuryu-5 is now scheduled to commence its next charter in Malaysia at the turn of the year.

The upcoming charter in Malaysia, with Mubadala Petroleum, is for two wells during early first quarter 2018, plus one option well in fourth quarter 2018. The unit is en route to Malaysia following completion of its summer drilling campaign with Gazpromneft-Sakhalin on the Ayashsky block in the Sea of Okhotsk. After the charter with Mubadala, the unit has a contract in Vietnam for two wells during third quarter 2017.

08-Nov-2017

Another potential takeover...
A.P. Moeller-Maersk on track to exit offshore drilling
INTERNATIONAL: Maersk Drilling has now been classified as discontinued operations by parent company A.P. Moeller-Maersk, which aims to have a structural solution in place within the next 12 months.

The move triggered an accounting impairment of USD 1.75 billion. As a result, Maersk Drilling posted a loss of USD 1.67 billion for third quarter 2017. Total revenue was down by 38% to USD 380 million, a fall from USD 733 million one year ago. The rig contractor is just one of three businesses - along with Maersk Oil and Maersk Tankers - that is being discontinued. In A.P. Moeller-Maersk's latest quarterly conference call, CEO Soren Skou declined to comment on news reports a few months back that suggested the firm was in talks with Rowan to sell its drilling business. Maersk Drilling operates a fleet of 23 rigs, comprising 15 jackups, four drillships and four semis.

08-Nov-2017

Someone was asking about IPC...
IPC signs up PV Drilling VI for Malaysia
VIETNAM/MALAYSIA: The contract for a charter of PV Drilling (PVD) jackup PVD VI for a drilling campaign with IPC (ex-Lundin) off Malaysia is understood to have now been signed, according to market sources.

The work scope covers two wells lasting between 60 and 90 days, including mobilisation and demobilisation time. Commencement is scheduled for December 2017, after the rig completes ongoing work with Premier Oil off Vietnam. The IPC scope will keep the rig occupied until around February 2018. PV Drilling VI will then return to Vietnam to undertake work with Rosneft. The latter campaign is scheduled for commencement in second quarter 2018. PVD VI is then free to pursue other opportunities, in particular offshore Vietnam.
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thank you bos meon. youre the best. love you boss flex.gif flex.gif
noiseemunkee
post Nov 9 2017, 08:11 PM

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QUOTE(mhyug @ Nov 8 2017, 07:25 PM)
would be wtf indeed haha. they just finished many platforms in bergading field and if according to their 'planning' they got some 5/6 years of drilling of HPHT wells.

but its planning la, whether they drill or not whole different story.

Naga 8 still at the CPP up to mid next year.
*
reliable source on the exit plan? i heard they are already going to start the phase 2 nmb execution. main package to be awarded soon. or maybe they can just sell of the assets, wrap up and move back home.

adibyusoff
post Nov 10 2017, 03:30 PM

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QUOTE(noiseemunkee @ Nov 9 2017, 08:11 PM)
reliable source on the exit plan? i heard they are already going to start the phase 2 nmb execution. main package to be awarded soon. or maybe they can just sell of the assets, wrap up and move back home.
*
dem... fso mekar bergading oso baru sailout now exit plan already.
noiseemunkee
post Nov 10 2017, 05:18 PM

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they exited indonesia some time ago. i thinkhess footing in SEA is only here. so maybe theres some truth to the exit plan rumors.
mhyug
post Nov 10 2017, 08:25 PM

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i doubt that the exit plan has any bearing. with how the projects are going on. plus its gas that they are awarded to drill develop and produce which has a steadier price. so i guess it wont be any time soon for them to pack up and leave.

on top of that, they are getting killer deals off service, epcc, and drilling contractors with how the oil price is going. so profit is there to be made by them.

This post has been edited by mhyug: Nov 10 2017, 08:26 PM
kamilnu
post Nov 11 2017, 03:43 PM

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QUOTE(quebix @ Nov 9 2017, 09:16 AM)
sorry, just wanna ask you guys, in the last few months my wife got a few offers from O&G companies, well not offers la, but more to asking if she is interested, but she didnt go for the interviews.

Does this means that O&G companies are doing better now and hiring up people?
*
Let me guess.....mostly are vacancies in Pengerang.
quebix
post Nov 11 2017, 06:08 PM

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QUOTE(kamilnu @ Nov 11 2017, 03:43 PM)
Let me guess.....mostly are vacancies in Pengerang.
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none from pangerang yet.
kuli2sahaja
post Nov 13 2017, 11:40 PM

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Greetings sifus,

Anyone can share their opinions on going back into the OnG field? Received some calls from my previous and also competitor companies for recruitment/interview but I'm having some second thoughts. Current job is considered very secure which worries me going back into the field.
TSmohdyakup
post Nov 14 2017, 06:40 AM

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Dont jump. Just stay.
DuFfz
post Nov 14 2017, 09:13 AM

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QUOTE(mohdyakup @ Nov 14 2017, 06:40 AM)
Dont jump. Just stay.
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Da berita berita projek onshore baru d area bintulu bos?
TSmohdyakup
post Nov 14 2017, 01:47 PM

Look at all my stars!!
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From: Bintulu, Sarawak


QUOTE(DuFfz @ Nov 14 2017, 09:13 AM)
Da berita berita projek onshore baru d area bintulu bos?
*
Adaaaaaaa brows.gif

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