Dyna-MAC at Johor! They win quite a lot topside modules for FPSOs from their SG clients.

Thanks for sharing!
IIRC a friend of mine was retrenched from Saipem, didn’t know they’re coming back.

Haven’t heard of Dyna-MAC before but their website shows they can deliver fairly large modules, will read up on them.

Hyundai Oilbank paid 120 month bonus to their staffs...

https://mustsharenews.com/hyundai-oilbank-120-months/

South Korea produces oil ? How is that even possible? I don't understand. Can somebody please explain ? Why ?

Petrochemical, oil refining, e&p as well at various overseas location.

Wow. Interesting. That means Petronas must be a billion times richer than Hyundai oilbank since Petronas is involved in everything oil & gas right ?

This one... you gotta ask PMO... because Petronas is reporting under PMO...

Wow wow wow. Nobody every politician in Malaysia wanna be a PM. Fuyoh. Rich liao. Super rich.

As per PDA1974, our hydrocarbon resources are belong to the people of Malaysia, with exception of OMO 1958 Sarawak.

Wow. Basically a never ending big cash dispensing machine for the party that controls the PMO. Right ?

I prefer not to discuss any political topics in this thread. Thanks.

Why's B&V related to o&g?

Apart of doing EPCs for Big Blue project at Seremban, at overseas location, they do EPC for petchem too. B&V also participate in Petros inquiry for Kuching LNG FSRU (citation needed) - part of Sarawak Gas Road Map 2030.

Kuching needs FSRU?

Off and onshore pipeline not possible with terminal?

Just checked map, it's far from Miri and Bintulu.

This post has been edited by New Klang: Jan 7 2023, 02:26 PM

Kuching best suit with FSRU. But again, I might be wrong, Petros still doing the study.

Nearest FSRU builder should be Singapore. Sembawang was researching this few years ago

Wonder how the bonus payout will be like in 2023 based on 2022 performance.. average brent price was USD 100 for 2022..

Last year in 2022 based on 2021 performance average brent was at USD 70 and heard from friends in Shell bonus paid out was average around 4-5 months

MMHE Yes.
Worley also yes but worley doesnt do EPC and assume EPC risk. Most of their jobs are DED for EPC contractors, and 1 on EPCM project (those doing this project salary is lower scale due to fixed rates with their client).

Saipem won 1 big project and lost ZLNG.
They are busy
The rumor of them reopening in KL is not confirmed as of now. Did speak to a senior manager friend of mine in Saipem (working overseas).

Their current office in KL is skeletal.. Most of their previous staff either been retrenched, sent to Qatar, UAE or Sent to perth, etc.

Worley hired many of their competitor staffs at good salary. They have several big scale projects such as 1 in Qatar, 1 in brazil and 1 with MMHE (CCS platform for Kasawari Ph2).

All new projects ongoing at same time.

Office location: Progressively moving to Naza tower by 2Quarter this year.