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

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kk131
post Apr 22 2018, 05:44 PM

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QUOTE(Stamp @ Apr 22 2018, 04:59 PM)
There could be shallow gas pockets below mud line dear.
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If I remember correctly, there was an incident several years ago when a pile hit a shallow gas pocket, causing loss of support under a mudmat, the jacket to overturned. Part of the site specific investigation is a shallow seismic survey. The platform will be relocated if shallow gas is detected.
kk131
post May 16 2018, 03:51 PM

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QUOTE(steel52 @ May 16 2018, 12:44 PM)
meaning there will be job opening for freshie ?
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Since the oil price dipped, there has been reduces cash-flow for production companies, this has led to under investment in new production facilities. Peak demand for hydrocarbon is forecast around 2030 (demand is still growing despite alternative energy sources). Now we are in a catch-up situation to get more production online to meet forecast demand.

The industry needs fresh talent, if your training is relevant, then hang-in and keeping trying for positions.
kk131
post Aug 7 2018, 11:16 AM

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Windfarm power modules are also similar to oil & gas utility modules.
kk131
post Dec 13 2018, 01:54 PM

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Parker Drilling has filed for bankruptcy https://wolfstreet.com/2018/12/12/oil-bust-...ing-bankruptcy/

Guess we're going to see more companies go to the wall, hear that there's a lot of talk about Weatherford.

This post has been edited by kk131: Dec 13 2018, 01:54 PM
kk131
post Dec 15 2018, 08:58 AM

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QUOTE(meonkutu11 @ Dec 14 2018, 07:35 PM)
We'll see more M&A in future....

- Ensco with Rowan
- Transocean purchaed Ocean Rig
- Borr is cash rich, shopping and reactivate rigs w/o contract.

Maybe other drillers will follow, Noble Drilling, Diamond Offshore...
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Must be still quite a few deepwater drillships with the Korean yards after their owners walked away.

kk131
post Mar 19 2019, 08:54 AM

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QUOTE(Stamp @ Mar 19 2019, 07:56 AM)
I wonder what kind of valves and how many valves they were talking about that worth RM125mil?

Is this suit about the performance of the valves?
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The amount could include consequential damage - loss of production, shutdowns for replacement, etc.

kk131
post Aug 20 2019, 08:23 AM

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QUOTE(Stamp @ Aug 20 2019, 08:02 AM)
I think the topside had been designed to be relocatable; it's quite straight forward, just cut off the legs that are welded to the piles. The key item is the barge crane availability (and cost). My guess is the topside lift weight is less than 300 MT and therefore Asian Hercules could easily lift it off the jacket.

But I didnt see any transportation barge nearby in the photos. How did they transport the topside to Jitang? What happened to the jacket?
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The platform is using suction piles rather than driven piles. Suction piles are driven by hydrostatic & atmospheric pressure by pumping out water in the pile, removal is the reverse process. Whole platform - substructure & topsides relocated as one piece.

This post has been edited by kk131: Aug 20 2019, 08:25 AM
kk131
post Sep 26 2019, 12:35 PM

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QUOTE(mohdyakup @ Sep 26 2019, 11:54 AM)
McDermott hit lotsa contract, the most recent is from Myanmar.

FEED will be executed via MDR KL Hap Seng 2
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https://seekingalpha.com/article/4293219-mc...void-bankruptcy

They must be under scrutiny by clients for major projects.

This post has been edited by kk131: Sep 26 2019, 12:38 PM
kk131
post Feb 11 2020, 11:01 AM

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QUOTE(wywy2020 @ Feb 10 2020, 11:37 PM)
How is the market for subsea production system? Is the market still active? Who is the leading player?
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Akersolutions must be one of the contenders. Besides wellheads they've developed a subsea separation/pumping system.
kk131
post Feb 11 2020, 07:29 PM

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QUOTE(wywy2020 @ Feb 11 2020, 06:06 PM)
Aker solutions based in Intermark?
How is the company doing? Working environment?
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The subsea wellhead manufacturing is Klang. They also manufacture umbilicals, I don't know if any are made in Malaysia. The advanced stuff such as the subsea pumping/separation is in Norway

Intermark is facilities design.
kk131
post Feb 12 2020, 07:51 AM

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QUOTE(langstrasse @ Feb 12 2020, 01:07 AM)
I see many ads on LinkedIn for positions with McDermott - they're still hiring despite the financial issues?
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I read last night that their operations will continue, staff will be paid, etc. Lummus has been sold and the shares will be delisted, so looks like shareholders will be holding worthless paper.

kk131
post Mar 9 2020, 11:09 AM

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QUOTE(jimbet1337 @ Mar 9 2020, 08:49 AM)
this is bad  ohmy.gif
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Hopefully it will finish off the US shale oil producers, most are already technically bankrupt.
kk131
post Mar 10 2020, 08:59 AM

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QUOTE(Stamp @ Mar 9 2020, 11:20 PM)
Hope for a V-shape crude price recovery.

Hmmm.... the power of minute virus to the world!
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This is not just the COVID-19 effect, now they're trying to end the fracking business.

This post has been edited by kk131: Mar 10 2020, 08:59 AM
kk131
post Mar 25 2020, 01:31 PM

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QUOTE(ben3003 @ Mar 25 2020, 08:19 AM)
confirmed. That's why i said, still asking ppl to go offshore vessel is just a time bomb ticking. i believe the whole rig people will get infected as well, eat shit sleep at same place, holding the same door handle, same handrail for so many days. Now those ppl kesian have to quarantine on the rig cannot come back, then if got ppl symptom got worsen at offshore how? Medivac? The chopper they dare to fly or not? who take care of the personnel who is in serious condition due to covid-19 at offshore? the medic?

i think they talk safety here there but when it comes to production, every risk is manageable. I am now having chronic unease over this makes me cannot sleep. but start up coming up soon, i have no choice but have to stay offshore. Everyday CSR say social distancing, at side u wear ear plug, how to social distancing when u wan to talk? everybody talk using walkie talkie? i don even see they disinfect the walkie- talkie. How about the swing rope? no disinfect also.
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The HVAC system in the quarters is recycling the air with probably 10% make-up from outside. The virus is very small, whether a HEPA filter (if any) in the AHU would be effective? I suspect this is the main reason why there are so many infections on cruise ships (same HVAC design). I've worked on LQ design/construction projects where we designated a couple of cabins where the return air vent could be closed and the cabins vented directly outside, these were designed for isolation in case of an epidemic. Covid-19 spreads so fast and anyone infected is shedding virus prior to the onset of symptoms that it must be very difficult to stop spread in an offshore situation.

This post has been edited by kk131: Mar 25 2020, 01:36 PM
kk131
post Jun 20 2020, 07:20 AM

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Part of the price for a parliamentary majority.
kk131
post Nov 25 2020, 05:17 PM

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QUOTE(ZZMsia @ Nov 25 2020, 05:05 PM)
YES, thanks so much for putting it in words.

There's only 1 jacket.
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Substructure to be pedantic.

kk131
post Nov 27 2020, 01:25 PM

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QUOTE(Stamp @ Nov 27 2020, 08:58 AM)
There is a drilling deck module on Pegaga as well as on Jerun. Obviously for better economics, the drilling deck is combined with the processing facilities of the CPP topside.

This facility where the drilling module is part of the processing facilities is not a new method as it has been practiced since the 70s, especially by ExxonMobil. They adopted the modular approach for the topsides and the drilling module is part of the topsides. Carigali has similar platform configurations like Dulang-B (my first project).
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Typical early EPMI platform designs had a MSF (I think Exxon terminology was a 'jacket cap') with very few facilities, maybe pipeline launchers & receivers. There was a wellhead module with skid beams for the tender-assisted rig, process, utilities and accommodation modules. For gas, there was a separate bridge-linked compression platform with modular facilities, so additional compression could be added as well pressure declined. As their designs developed, they added more facilities in the MSF. Main constraint was the available lift capacity at that time, typically around 1,000 short tons at a reasonable lifting radius, also the elevation of the DES skid beams was limited by the parameters of the tender rig.
kk131
post Mar 25 2021, 09:53 AM

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EPMI used to have a penalty in the contract if the proposed candidates were not available at project award. I don't know if it was enforced or was effective.
kk131
post Jun 3 2021, 02:10 PM

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QUOTE(Stamp @ Jun 3 2021, 01:58 PM)
https://www-energyvoice-com.cdn.ampproject....ivist-coup/amp/

Ex Petronas CEO removed from ExxonMobil board!
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Statoil > Equinor
Shell - losing court case
Exxon - board changes
Total .. going green
etc., etc.

Wonder when we'll see Petronas rebranding?


kk131
post Jun 3 2021, 08:30 PM

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QUOTE(contestchris @ Jun 3 2021, 07:58 PM)
Petronas doesn't need to, as they don't have the same pressure from shareholders.

Also, Petronas SHOULDN'T abruptly exit the O&G space. Let the Western oil majors shoot themselves in the foot with unrealistic shareholders expectations. Petronas will be there to enjoy high oil prices once the majors end their O&G investments.
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There's pressure on governments worldwide to reduce carbon emissions.

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