Anybody heard about the MISC takeover/merger with Bumi Armada? The Edge reported on it in their latest weekly paper.

According to them, they're looking to buy Ananda's stake.

How would such a deal work out? Bumi Armada becomes a fully owned subsidiary, or a listed associate company? Or will MISC inject their FPSO assets into Bumi Armada?

What's in it for MISC? What is MISC's motivation for this deal?

The way I see it, Bumi Armada has been riding into the sunset for some time now. Unsure if they have any quality people left, after they failed to capitalize on the sizeable and lucrative Cameia FPSO. A lot of chatter about FSRU and floating carbon solutions but nothing to show for it either.

Not sure if you heard but MISC looking to buy Bumi Armada. If Bumi Armada has had nothing for a long time, and MISC is one of the larger FPSO players in terms of headcount in KL, what's the motivation for this?

I was in your shoes before where I applied everywhere but no success eventhough I had the skills/experience that was required. So I went all out to figure what is wrong, turns out my CV write up is the problem since I used a generic CV for all the job applications and there was room to upsell myself even more.

I then put on full effort for each job application by tailoring my CV to the job requirements as close a possible. The first application with my revised CV was to QE (direct from their website). After 5 days HR replied requesting more info before forwarding my CV to hiring department.

Hope this helps you in your quest to finding a better job opportunity.

These days with AI, it is way easier to build a resume that meet JD.

Congratulation. Qatar must be hot at this season.

Your comments are valid and many of their staff have joined other firms since the market is too good at the moment and actually since 2022.

Maybe to purchase them for their existing FPSO's that are cash cows...

Yes sir using AI is a good start. Thanks yeah Qatar is hot but money is good 😂

Yup fully agree with you.

Need to treat every application as new application.

Cannot be using same recycle resume / cv. It will not match the JD. Or the hiring manager interest.

Btw, tq for the advise 👍

hi all.. is it possible for a 34 years old engineer in construction industry to transition to oil and gas industry..been trying applying here n there but mostly said my previous experience is different from what they want, only can try for fresh position..but im too old for the fresh position requirements.

Typical advice by otais will be to start at smaller vendors or contractors and move after gaining experience

Generally it is pretty hard to break in O&G industry, including trying to secure another job within same O&G. Nevertheless, nothing is impossible but will be challenging. Start with smaller fabrication companies since your past experience in Construction is great advise, likely at more junior role but generally the pay still good. No harm to give it a try.

Hi there. Just sharing my experience, somewhat same as your dilemma.

I was a Quantity Surveyor in the construction industry from age 25-32. Tried to penetrate into O&G since I started my career but was really hard, given my non-engineering background (I do have a Masters in Project Management though).

However recently, I got lucky got an offer in O&G industry in one of the biggest operators in Malaysia (downstream) as a Cost Controller. Just joined end of last year.

But i couldn't be offered high grade due to no experience in O&G as well as my previous job scope is not entirely the same with this new job scope, so I was just being offered one grade higher than fresh grad. Pay wasn't that bad though, entry five figures - colleagues around the same age as me are getting around 50% higher than me, I can't complain much, compared to their vast O&G experience.

Guess it's better late than never, hence I took the job offer and entirely shift to new industry (O&G) and a suitable job scope.

This post has been edited by Prothero: Jul 13 2024, 01:33 AM

Just curious why you want to switch to O&G? O&G in Malaysia at present days not as glamours as before. If unlucky a O&G industry downturn again, you will be the easiest to be released.

Wow, good luck for u, two of my friend did last year, now both in Dhahran as well 😊

i would say yes, depending what you know. its those standards and the why and the how if you know

but any reason why start now? its like the peak now (not the old peak but ok la now stable) and if it were to go down. its FIFO in this industry unless you joined main players.


Anyway, after qatar iv, theres saudi ones next week

2020: Crash
2021: Crash even worse
2022: Turnaround and improving
2023: Great year, big portion of staff found new jobs (Those that were looking)
2024: Great year so far....
2025: ???


If crash, those Last in, first out.

This is from my experience for the past 10-15 years..

U forgot the 2017. Worst period ever, many just VSS, MSS

So both LSS n HISYAM ex umno still takde lah. Lol

True. Sigh.

This time I was ok but many friends got MSS.
For those in onshore rapid project was slowing down