Some of these guys are only the big timers at conferences/exhibitions.
Otherwise no project haha

T&^%Snip has almost no contracts right now. Samarang, malikai etc all little work. What they need is a full fledged EPCIC contract (new one) which they don't have.
PBJV nothing much going on.

All this onshore jobs.]
What about their offshore team?
SBM is doing better now;

I don't work there

Those alternative fuels will be suffering right now coz the original fuel "OIL" is still so cheap.

Those fuels such as solar energy etc will be tough to break even.

Malaysian state-owned energy company Petronas will not proceed with a proposed US$29 billion (RM124 billion) liquefied natural gas (LNG) project in western Canada due to weak global prices, dealing a blow to Canada's ambitions to become a global LNG player.

While Petronas' decision is a blow to the regional economy, industry observers said the move was widely expected given years of delay to the huge project near Prince Rupert in the north of the province of British Columbia.

It is also the latest setback for the country's energy industry, already bruised by international oil firms selling off around US$23 billion in Canadian energy assets this year alone.

Pacific NorthWest LNG was meant to produce 12 megatonnes per year and spur further development of British Columbia's Montney natural gas play in the northeast of the province, Canada's largest shale play.

"We have a window of opportunity to develop B.C.'s LNG industry, but the next several years will be critical," said Gillian Robinson, spokeswoman for the BC LNG Alliance. "We risk losing thousands of jobs and billions of dollars in benefits if B.C. does not have diversified access to markets."

Pacific NorthWest LNG received approval from the Canadian government last year, but Petronas, which has been going through significant cost-cutting, delayed its final investment decision.

The project would have been Petronas' biggest foreign investment and was seen as a sign of Malaysia's global energy ambitions.

The US$29 billion price tag included around US$9 billion for the export terminal, US$5 billion in pipelines, the US$4.4 billion Petronas paid for Progress Energy and its natural gas assets and around US$1.6 billion a year expected to be spent on producing natural gas.

TransCanada Corp, which was contracted to build the pipeline connecting gas wells to the LNG terminal, said it will be reimbursed for costs associated with the project. It had spent US$400 million as of April, spokesman Shawn Howard said.

Petronas had planned to produce its own gas to supply Pacific NorthWest LNG, rather than buying it from other producers, but no LNG demand means firms like Painted Pony Petroleum and Seven Generations Energy will continue to see low gas prices, analysts said.

"The demise of the LNG industry in Western Canada means that Western Canadian gas will largely remain captive to the oversupplied North American market," BMO Capital Markets analyst Randy Ollenberger said in a note.

Of more than a dozen projects proposed for British Columbia, only the US$1.3 billion privately held Woodfibre project has so far been given the green light by its developers.

Last July Royal Dutch Shell and partners pushed back a final investment decision on their proposed LNG Canada project, citing global industry challenges.

Michelle Mungall, British Columbia's energy minister, said she will be calling other LNG companies to reassure them her government is ready to work with them, but B.C. Green Party leader Andrew Weaver released a statement saying the future does not lie in "chasing the fossil fuel economy."

The ruling New Democratic Party, which formally took power this month, is backed by the environmentalist Green Party. Its rise has fuelled uncertainty about energy development in the province.

A spokesman for Canada's Natural Resources Minister Jim Carr, said Petronas' move was a business decision.

Petronas and partners will continue to develop natural gas assets in Canada, Anuar Taib, chairperson of the board of Pacific NorthWest LNG, said in a statement.

"We are disappointed that the extremely challenging environment brought about by the prolonged depressed prices and shifts in the energy industry have led us to this decision," Anuar said.

Promote on linkedin/

Yes they themselves put their own family in this current situation and by extension affecting the rest of us.

Go figure.

North Sabah i thougt they scrapped it last time?

Ohh I do know a lot about this overall development! hehe

Usually M.. Coz they have lot of experience in floatover CPP!!!

Yes long term good to have a few local bidders.

Also, not to limit jobs to local bidders only as we live in a globalized world.

Imagine if you as OPERATOR is denied global opportunities!

First time floatover integrated deck cpp?

KSCPP?

Kasawari

PETALING JAYA: The arrest of three individuals, including a senior Petronas Carigali Sdn Bhd (PCSB) officer, by the Malaysian Anti-Corruption Commission (MACC) yesterday followed an internal investigation by the oil and gas company.
PCSB’s parent company Petronas released a statement today confirming the arrests, saying it had filed a complaint with the anti-graft agency after its own investigations into the staff concerned.
“Petronas does not condone nor tolerate any form of misconduct among its employees and contractors, and is extending its fullest cooperation to MACC to further assist in its investigation if necessary,” Petronas said in its statement.
Yesterday, the MACC said it arrested three individuals over suspected graft involving RM23.7 million.
The 45-year-old PCSB officer, who is a project delivery manager, was reportedly detained at his office in Petronas Twin Towers, while the 57-year-old director of a company which had been a contractor for PCSB was arrested at his house in Jalan Cheras.
The third individual, a 28-year-old former PCSB technical assistant, was detained at his home in Puncak Alam.
Meanwhile, today, MACC received a remand order to hold the three men for six days.
The men were believed to have submitted three inflated invoices for a drilling project between April and June 2015.
PCSB had made full payment to the company but no work was ever carried out, MACC had said.
Meanwhile, Petronas emphasised its ongoing efforts to check any form of corruption in its organisation and vast network of services and suppliers.
“Petronas has since 2012 been working closely with the MACC to curb and prevent corruption and misconduct, not just among employees within its group of companies, but also among contractors and third-party service providers.”

PETALING JAYA: The Malaysian Anti-Corruption Commission (MACC) has detained three individuals including a senior Petronas Carigali Sdn Bhd (PCSB) officer over suspected graft involving RM23.7 million.
The arrests were carried out between 2.40pm and 3pm yesterday, The Star reported.
The 45-year-old PCSB officer, who is a project delivery manager, was detained at his office in Petronas Twin Towers, while the 57-year-old director of a company that carried out work for PCSB was arrested at his house in Jalan Cheras.
The third individual, a 28-year-old former PCSB technical assistant, was detained at his home in Puncak Alam.
According to the report, the men are believed to have submitted three inflated invoices for a drilling project between April and June 2015.
PCSB had made full payment to the company but no work was ever carried out, it said.
The trio were held overnight at the MACC headquarters and will be remanded today.
http://www.freemalaysiatoday.com/category/...uspected-graft/

Crazy..no further comments from me HEHEE

PETRONAS has denied this.

The least Syed AKbra could do is to republish their denial.

All very quiet in this grp.
All got project ? Huhhuh