From what I heard, some of the Lead / Seniors / Managers at Bumi armada been paid very highly.. Is that true?

Another one MMC.
They reduced salary for long time. There was a townhall 1 or 2 weeks back by the CEO. She mentioned, just hope for the best and no mention on restarting original salary.
Meanwhile, their IT and Finance managers left (Finance one after the other).
These positions are now open for hire on Linkedin, if anyone is interested.

Vendor field service rep for what kind of equipment? Drilling or rotating, mechanical? Onshore / Offshore?

Might be you try to join a Consultant / Contractor such as MCDermott , Technip or Aker as a rotating engineer.
Sell yourself with experience in on site / offshore start up / troubleshooting and use that to your advantage.

Example: Become a rotating engineer in a company specializing in turbines / etc.

How about that?
use your contacts from the consultants that you know to get an interview.

How about switching to control vendor like emerson or honeywell?
Then try moving from there?

Is it salary motivating your change or job scope?

MISC was hiring many of these roles.
For now, you may try at SBM also for MERO4.

This is PMT role. Should be in KL, similar also with Proc and Delivery roles.

They own / partly own the Indian office.
Its in bangalore.

Not the engineering but the PMT / execution is done here (PMT / Procurement / home offices).

Almost everyday a msg comes to me.. oh contractor kan, harga minyak naik, untung untung...

Ermm nope, that is only for the operators.

Yes, exactly..
Imagine if run project in 2018 2019 ...
now will be up and running.

For Malaysia, we have Bokor and Pegaga (upcoming gas)

Sweet profit

Not as good as it used to be.

1. The biggest T&I company that's from Malaysia is doing very badly currently.
2. Saipem, which had a small office in Malaysia mainly focus on T&I and offshore bids closed their office in October few month back.

You may try:

1. Mcdermott (KL office - executing few EPCI projects currently)
2. TechnipFMC (Subsea pipeline - flexible and production system) - Limbayong project.
3. Subsea 7 (Subsea pipeline - rigid).
4. Technip Energies (KL office for EPCI platform / jackets).

MMHE was awarded the main 1 billion ringgit (US$243 million) contract for the central processing platform last April.

Seriously.... 250MUSD for this contract.. good luck to even breaking even

R W

and pre-feed also few years back..
Unlike lang lebah, this project actually progressed.

KUALA LUMPUR (March 18): Financially-troubled Sapura Energy Bhd saw its net loss in the fourth quarter ended Jan 31, 2022 (4QFY22) widen to a staggering RM6.61 billion compared to a loss of RM216.03 million a year prior, largely due to impairment on goodwill worth RM3.29 billion and impairment on property, plant and equipment worth RM2.1 billion.

Losses per share swelled further to 41.4 sen from 1.35 sen previously.

In a Bursa Malaysia filing on Friday (March 18), the oil and gas (O&G) service provider said its quarterly revenue dropped significantly by 68.61% to RM453.14 million from RM1.44 billion in the previous year, primarily due to lower percentage of completion recognised in the current quarter resulting from recognition of foreseeable losses and higher project costs in the engineering and construction (E&C) business segment.

For the full year ended on Jan 31 (FY22), the group recorded a net loss to the tune of RM8.9 billion — its highest ever — from a net loss of RM160.87 million in the prior year as it realised impairment on goodwill and property, plant and equipment worth RM5.39 billion collectively.

Meanwhile, annual revenue fell by 22.84% to RM4.13 billion from RM5.35 billion in FY21 due to lower contribution from its E&C, and operation and maintenance (O&M) segments.

On a quarterly basis, the group’s net loss widened from a loss of RM669.34 million reported in the immediate preceding quarter (3QFY22) while revenue dropped significantly from RM1.45 billion.

“While the market recovery in the latter part of the year has brought improved performance from our drilling segment, our E&C and O&M businesses continued to face execution challenges mainly due to disruption from Covid-19 and lack of access to adequate working capital facilities.

“Our situation was further compounded by some operational underperformance in certain project,” it shared.



https://www.theedgemarkets.com/article/sapu...year-loss-rm89b

Agreed
this is more for the contractor side including drilling and T&I.

https://www.freemalaysiatoday.com/category/...jib-urges-govt/

The "real" situation among their staff is even more dire. Even if there's govt bailout by current govt / former PM, the reputation amongst its workers and vendors are gone.
Many vendors are struggling for prolonged periods and some are spending more money on legal advise (Some companies are less than 30 employees).

for MISC no.
They are paying quite well previously.

Maybe you are paid well.
Have a few went there from underpaid companies and got a good raise


Note their current project is moving from engineering and procruement to construction phase.

Did you go through agent or direct