Yikes sounds like a rough patch, I would imagine employee turnover would start to increase but long service employees would lose the possibility of severance package if they resign, always a limbo/catch22 situation.

Heard kerang company is laying off 20% of it’s upstream workforce in Malaysia by end of 2024 dunno true or not.. mostly comprising of well engineers and geologist…

A friend working in cyber also mentioned their service centre has reduced the number of floors occupied and also going through some restructuring, not sure if they are moving out to another country

Toyo Engineering and Construction conducted a townhall today whereby they informed permanent employees of all grades that they would be on forced Annual Leave (Forced AL) with salary deduction beginning November and December Salary.

Number of Days on Forced AL: From 2 days onwards per month, up to 8 days.

Furthermore, allowances have been cut.

how is the feed for SAF project? Is it on chopping board from client?

Expected eventhough in the sort of townhall few months ago, the top management said just an exercise to get the market excited, but remain to stay here in Malaysia for downstream. All just speculation.

Another year, rumours said. Let’s wait for the CEO’s announcement this week.

Saipem’s trying their luck with AKER for their next project. Worley already completed the detailed design for Saipem’s project, the next phase of the project was not handed to Worley.

So Worley name already tarnish even they manage to complete the base scope.

Nice, any chance to get in without FPSO experience but with fixed offshore facilities experience?

Bit of chicken and egg issue this FPSO thing

https://www.nst.com.my/news/nation/2024/12/...d-pm-says-abang

Petros and Petronas resolution soon?

Isnt Murphy is the one that lose a court case to employee for dismissal. Even Petronas has one as well.

As long as employer pay what is required by law there shouldnt bbe any problem.

Macam ni lah bang, I want to keep the discussion healthy and fun in this thread, I have been stalking on you for so long about your grunt about Petros, I am a very open kind of person, I don't want to bergaduh too much about hentam Malaya vs Sarawak & Sabah. Because... I am a very chill person...

But of course, you did raise a good point, I concur, and I pray hopefully Petros would not be another 1MDB saga. As a Sarawakian, I really hope Petros will be govern by a good BODs and CEO.

Anyway, I will be off to KL maybe around 28th or 29th December, I am keen to reconnect to all of you in this thread, sembang2 kari together with me enjoying a whip of shisha and coffee at The Castle next to Hampshire hehe. Yes that spot is my favourites for lepak2.

Peace. Make love, and spread the love. Hehehehehehehe.