QUOTE(NewBodOnTheBlock @ Nov 4 2025, 03:19 PM)
Anyone else hearing that Petronas has finally taken FID on Kelidang project?
Heard the same . Finally .Oil & Gas Careers V14 - Upstream & Downstream, Year 2025, Petronas ggwp? Or not? 😔
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 Nov 4 2025, 11:28 PM
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#21
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374 posts Joined: Jun 2018  
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Nov 6 2025, 09:48 AM
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#22
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QUOTE(lock_82 @ Nov 6 2025, 05:28 AM) I am sure there will be. But existing asset mostly has existinf people, so opportunity should come from new development. Your guess is spot on ....5 assets in Msia largely operating while 19 ones are mostly new for Indo. Hence, lower chamce for Msia vs. Indonesian since their national content requirement is more stringent. Nevertheless, if new projects, many EPCs will benefit from it as well annual $3B investment for next 5years is great. Dont want to burst bubble but just a pragmatic guess. Just got back from regional offices . It's even worse than expected . People feel like they might lose their jobs even more ... For instance GPSC already has legacy staff from Exxon , seems like to be handed over to ENI . List sudah keluar. Besides , throughout MA so many assets are now going to be COP/LLAs. Good news is new builts are now at light speed pace to cover the deficit . But still it will take time like BIGST , MFDP , UDWs , New players etc. Its a battle of attrition now , we are going to be at the bottom of the trough before it starts to pick up again . Sudah keluar signs .... end of the year but little to no activities for LLIs . You know I know thats the first indicator that theres nothing for next year lol. Honestly the advice i give to my friends now is to take any job they can and hold on to dear life. This post has been edited by CertifiedHomphobe: Nov 6 2025, 09:48 AM |
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Nov 6 2025, 10:21 PM
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#23
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QUOTE(lock_82 @ Nov 6 2025, 08:07 PM) Agree.. the context of discussion cant be Long Lead Item.. context is LLI .Anyway.. rather quiet year indeed. No LLI means significant reduction of any MRO/MMO activities or FIP + . Ergo Super Cost Savings , reduce any scope of work or bedding to the maximum . This post has been edited by CertifiedHomphobe: Nov 6 2025, 10:30 PM lock_82 liked this post
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Nov 20 2025, 11:22 PM
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#24
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QUOTE(lock_82 @ Nov 10 2025, 07:31 PM) Upstreamonline posted Kelidang FID but no news from Petronas. Anyone knows why? Get ready its about to get crazy for floaters |
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