CCS is not mandated in most countries of the world. Many contractors / suppliers are investing into it but yet to see tangible returns, especially in Asia.

The bid has been extended until June 2024..
Dont see any award in 2024..

the onshore bid will now run concurrently though I believe some delay will be on onshore side also.

Definitely not true.

Highest average for big volume of staff, but overall definitely not true at all..

Hi all,
Any new industry resources/reports for oil and gas salaries in Malaysia?



To respond to this query:
I would suggest that most of the industry reports are inaccurate and I suggest you to speak to recruiters hiring for your specific post to understand the "hiring budget".

Depending on companies, it can vary by a lot... Some companies are on urgent hiring mode willing to pay more.
Others maybe paying half of the first company and position vacant for 6 months.


This post has been edited by ZZMsia: Mar 12 2024, 03:49 PM

Don't expect any changes for this but you may check those anonymous pay pages on Instagram.. not so many on Oil and gas but it covers all industries..


Whenever recruitment firm calls, please do request for hiring budget

They will definitely ask.. it is normal in malaysian standards.

I have seen some lying also.. that is the problem

Thanks for sharing this info here.

Did they come back with the offer?

Generally I have reviewed this and on the low side (add 20% shall be OK) comparing to my experience on EPC Contractors..

My experience with foreign and local (Onshore). For Local offshore, generally as per above tables...

Salary ceiling went down now seems to be increasing again due to lack of resource..

note that many have gone to work in Middle East ( Qatar, Saudia, Oman, UAE, Iran).

This I have followed for some time and his advice makes it sound like very easy to join O&G.. Giving lot of false hope on how to join operators.. hmm..

dengar boleh..

Same story for 3 years now.
2022
2023
2024

S is waiting for PO for Libya project.

He means more difficult to join the operators.. english phrasing was a bit confusing but i got it now

it is d truth

There is a viral anonymous post on twitter:


I translate to english:

I am in a dilemma now.

Currently working for lanyard (PET)

Age: Mid 30's

Recently i got an offer to work for SAUDI (Company name:SABIC)

Salary: 9,000 USD

Comparing to my current salary, it is much higher?

Who has experience going overseas - 5 year contract position?

After returning, how will life be.

https://twitter.com/meinmokhtar/status/1769...CkDxY55nTQ&s=19


This post has been edited by ZZMsia: Mar 18 2024, 04:48 PM

how much was the offer in USD equiv

The person has not shared what he was offered

What year was this? Orang Putih also getting family package (2023) but few friends went for single package in 2023..

2024 yet to see any colleagues move there due to Puasa and Eid coming up soon there are lot of breaks. ...

This post has been edited by ZZMsia: Mar 31 2024, 10:01 AM

This project has been moving quietly for some time.

The other project B14 seems to be shelved.. it is by another operator

KUALA LUMPUR (April 19): Shares of Sapura Energy Bhd will be suspended from trading pending an announcement, the company said on Friday.

The suspension will take effect from 2.30pm onwards, according to an exchange filing.

KUALA LUMPUR (April 22): Investors of Sapura Energy Bhd await the material announcement hinted at last Friday's noon break by the oil and gas services company, which is in the midst of formulating a regularisation plan to address its Practice Note 17 status.

Shares in the company, which undertakes upstream operations and maintenance, offshore fabrication, and drilling services, have been voluntarily suspended from trading since 2.30pm last Friday afternoon.

The suspension points to potential sale of its 50%-owned upstream unit SapuraOMV Upstream Sdn Bhd.
The other 50% stake in SapuraOMV is in the process of being acquired by TotalEnergies from Austria’s OMV Aktiengesellschaft for US$903 million (RM4.32 billion). OMV sold the stake as part of its group strategy that shifted its focus away from Australasia.

OMV bought into SapuraOMV back in 2018 by subscribing to a 50% stake for US$540 million, plus repayment of US$350 million in intercompany debt.

It was reported that Sapura Energy was looking for US$1.2 billion for its stake in SapuraOMV.

SaspuraOMV operates the Sarawak gas fields of SK310 (with a 30% stake) and SK408 (40% stake). It also owns 40% of Block SB412 offshore Sabah, and 30% of Block 30 offshore Mexico, as well as other offshore exploration permits in Western Australia and the Taranaki Basin in New Zealand.

TotalEnergies’ transaction price for the 50% stake in SapuraOMV is bigger than Sapura Energy’s market capitalisation of RM826.92 million, based on its last traded share price of 4.5 sen prior to the suspension.

As at end-January, Sapura Energy had negative total equity of RM4.19 billion, against cash of RM1.45 billion and gross borrowings of RM10.98 billion.

The group is in the midst of coming up with a regularisation plan to address its balance sheet position. At the moment, it has been given until June 10 by the courts to restrain any legal action by creditors, including local vendors and those for its RM10.3 billion multi-currency financing facilities.

At least 75% of these creditors have provided requisite approval-in-principle for its proposed debt restructuring scheme, back in December last year.

Shareholders of Sapura Energy include Permodalan Nasional Bhd via Amanah Saham Nasional Bhd (40.73%). Brothers Capital Sdn Bhd, linked to Tan Sri Shahril Shamsuddin and Datuk Shahriman Shamsuddin, owns a 9.18% indirect stake in the listed entity. Shahril also owns a 0.95% direct stake in Sapura Energy.

Block C CPP EPCI+C done in KL office...