Not really as it hasn't begun yet. In fact most Companies involved in downstream(Shell, Exxon, etc) is hardly affected hence employees there wont even need to take a paycut. However, employees in EPC firms and upstream operators will be heavily hit and as of now only increment and bonuses are held and hiring is freezed. VSS may be coming soon if this prolongs.

now can go offshore during MCO?
go oversea working?

It’s a dream.

Unless regional safety/stability changes in Middle East.

Previous experience for new pipeline project, client awarded two (2) dedicated contractor to carry out construction works instead of 1 doing both. Both are 1. civil works 2. mechanical / piping works.
In the middle of the project when pipeline team came in so much argument of whose scope is this and that..one incident, piping contractor complaint civil slow, then when civil catch up & already dig a big trench 4m deep in the middle of public road for piping to install, piping is not ready and blame so much stuff. Eye opening experience for me 

Nope..bintulu sarawak

Petronas' capex cut another shock to local O&G companies
“The lower capex would translate into greater job deferments and fewer contracting opportunities, impacting fabricators (Sapura Energy Bhd as well as Malaysia Marine and Heavy Engineering Holdings Bhd), hook-up and commissioning works (Dayang Enterprise Holdings Bhd and Carimin Petroleum Bhd), drilling activities (Velesto Energy Bhd) as well as FPSO (floating production storage and offloading) activities (MISC Bhd and Yinson).

“Meanwhile, the lower opex could also exert margin and pricing pressures on local-centric contractors and services providers (Dayang and Uzma Bhd). Overall lower offshore activities could also translate into slower OSV (offshore support vessel) demand, impacting players such as Perdana Petroleum Bhd, Icon Offshore Bhd and Alam Maritim Resources Bhd.”

https://www.theedgemarkets.com/article/petr...BAzq7s.facebook

I hope this will keep improving

Not grinning. Still many staff being let go.
Latest was on Monday

low prices. In bintulu area the owner family have many businesses which the locals will know.
And the owner son is the chairman of transfame. See the connection there.

Trans fame has any project now?

Wow. Appointed just 2 weeks ago. Maybe something 'better offer' is coming.

now shell give to sapura for gorek, e6 & malikai to continue.
Guess transfame not performing well?

Wow 20% cut of full time employees, that’s the biggest chunk I’ve seen so far

gone are the days where max offshore is 28 days for service co..seeing some ppl posting on FB 40+days is normal now...lol HSE mana weih...mental health apa macam....

Walauwehhh bukan ke ada fatigue management procedure baru ke..? Tak guna la kut tag in out tu huhu

So many positions by NESGT, wonder if collecting CV or really hiring.

Don't listen so much from NEWS. You should get information from the crew and those from Baram B Platform to know the real story. My question is that they received the weather report 5 days before that the typhoon is coming but why they are still there? Where is the AHT Vessel that supposes to be there that normally help to retrieve the anchor? The vessel is on 8 points anchor mooring but only use 4? People work offshore is certified for BOSIET, HUET, etc but when coming to a real emergency many of them won't listen to Safety people hence 125 jumps and the rest stay on the platform even though the vessel hits Gas Pipeline (the pipeline is on the Bridge). Too many uncertainties which need PETRONAS to explain.

Worley did cut salaries..
7.5%

Sapura too..

Heard wood group KL almost no staffs.

On February 2, 2018, Hyundai Engineering signed a contract for a project to upgrade an oil refining factory in Malacca, Malaysia, worth USD 350 million (about KRW 375 billion), with the Malaysian Refining Company Sdn Bhd, a company affiliated with Malaysia’s state-run oil company, Petronas.
The project entails constructing facilities to reduce the content of sulfur in diesel produced at the existing oil refining factory inside the complex in Malacca, Malaysia, so it could reach a Euro 5 grade level. It is aimed to upgrade relevant utilities and offsite facilities. Hyundai Engineering conducts the entire process using the Engineering, Procurement, Construction (EPC) turnkey method, and the construction will take 34 months to complete.
The upgrading in this rather difficult project will include not only the construction in a confined space inside an industrial complex where the existing factory is located, but must also be completed during a temporary halt in factory operation. In addition, it requires cutting-edge technology to smoothly connect the processing between the existing factory and the facilities to be newly established.

As part of the contract awarded to Hyundai Engineering Co. Ltd., ABB will design and supply medium and low-voltage switchgear, variable speed drives, a direct-current uninterruptible power supply system, and an alarm and supervisory system for the project, which will include a new substation and modification to existing substations.

PETRONAS PSR2, Melaka Refinery was built by consortium Chiyoda Corp. / MMC / CMSB  from August 1995 to November 1997. Nowadays, most of the contracts are awarded to Korean instead of Japanese.