Wow, I'm not sure what to say about OGA this year. Quite shocked at the turn-out in terms of visitors and exhibitors.

I think the big names were PBJV, Sapura Energy, McDermott and Technip.

The rest were the 'nuts & bolts' of the industry like equipment suppliers, instrumentation, pumps, valves etc.

I spent almost the whole of yesterday there and despite the low turn-out, I think it was still a somewhat good exhibition. Met some smaller vessel owners which might be good for my ship-broking side.

To be honest, I'm not sure what is the latest with McDermott and Barakah.

I work for a Shipping Agency and I have approached Barakah many times but they keep saying that whatever they are doing currently is mainly an extension of last year's contracts therefore no opportunity for us to offer our agency/offshore support services because they already have vendors in place. We have also participated in some SWEC bids with Barakah but their payments terms were not acceptable to our upper management.

Sapura, they pretty much swept the floor with the Pan-Malaysia awards didn't they? I hear they got awarded several packages. But apart from that, I think because of their new name, they had to showcase their new identity and brand.

Technip, I guess Malikai was the biggest last year and now Bardegg and Samarang at the tail-end which is quite decent for an industry facing a major slump.

I heard that HESS is exiting Malaysia? Anyone know about this? Apparently they're selling off FSO Bergading and have initiated a 3-5 year plan to eventually exit Malaysia.

Oh man, Technip no contracts..that's not a good sign.

I see. That's what is confusing me a bit.

I keep hearing from drillers especially that drilling-wise, activities are supposed to pick up after mid-year.

But at the same time operators are exiting? Also a lot of decomm work happening in Asia but Malaysia hasn't really picked up yet. Apparently Thailand is leading Asia in decomm work.

That's what I thought too. She's yet to sail though, there's been another delay, multiple reasons.

What's HIJAU2? Are these mainly refinery/plant projects?

Any idea about FPSO Liza?

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

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?

LOL, well noted.

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?

Hello all,

Just curious, anyone know if International Petroleum Corporation (IPC) which is a spin-off company from Lundin, has an office in KL/Malaysia?

This is more information on the fields they operate: https://www.international-petroleum.com/operations/malaysia/

Malaysia licences
Licence Licence Type IPC Interest Operator Partner
Bertam Production 75% IPC Petronas Carigali 25%
Offshore Peninsular Malaysia
(Mengkuang, Tembakau) Gas Holding Areas 75% IPC Petronas Carigali 25%
Offshore Sabah
(Cempulut, Tarap, Titik Terang, Berangan) Gas Holding Areas 55% IPC Petronas Carigali 25%,
Dyas Sabah BV 20%

Yea, been a bit of an odd few years lately. Some field operators have left, others came back...some in midst of selling off assets etc.

SSB? I'm not sure I know the abbreviation, my apologies.

Interesting to note that not much information available on IPC contacts here in KL.

Might have to go straight to Lundin KL.

Just out of curiosity, would this be Brooke Dockyard?

Hahaha, pesky neighbour? Oceanmight or KKB then?

I'm not too familiar with Sarawak fabricators to be honest, but we have participated in a few bids with BD lately, mainly for Anjung and Bokor.

Ohh okok, thank you for the input. Did not know they were related and the whole thing with BD.

Whaaaat?

I heard from one of their representatives that they are downsizing but as for closing down...so far I have not heard this.

Hi guys,

Anyone going to OTC this week?

Also, wanted to ask the community here - anyone have experience working in Sapura since the latest rebranding, i.e. Sapura Energy. And what are your thoughts on working with them moving forward?

I don't know if it's true but I heard that despite Sapura winning jobs lately, they are also in debt amounting to the Billions?!

Pleased to hear from all in the community.

This post has been edited by McF7y: Mar 21 2018, 08:26 AM

Anyone attending MOGSEC this week?

Hi guys,

I am planning a trip to East Malaysia at the end of October and looking to meet a few existing/potential clients.

Just as a bit of a background, I am from an Integrated Logistics Services company; we do Project Logistics and Offshore Support Services as agents.

So far, I've firmed up meetings with Ocean Might and Brooke Dockyard in Kuching. While in Labuan, I've firmed up meetings with Icon Offshore and Executive Offshore.

I'm waiting on Time Marine and Destini Oil to get back to me.

I am looking mainly to meet offshore vessel owners, EPCIC companies and fabricators. Field operators would be good too but I doubt we can work with them directly.

Should I include Miri/Brunei in the trip too?

Any and all advice is much appreciated.

This post has been edited by McF7y: Oct 19 2018, 08:45 AM