Falling oil prices hit O&G players

June 23, 2015

Title says O&G player, article focuses on bashing RNZ Petrofac. First, there must have been a whistleblower (good play, sir). Second, follow the money trail, which companies and Da… individuals make money out of this revelation? Third, will they pay my invoices?

At press time, calls went unanswered… huh, do you know that RNZ offices are closed Friday afternoon?

Dateline 2015-05-18, Daily Express:

Industry players are starting to feel the impact of the drop in global crude oil prices, which led oil and gas giant Petroliam Nasional Bhd (Petronas) to defer capital expenditure and reduce operational spending.

One such player, Petrofac-RNZ, has implemented a voluntary separation scheme (VSS) for its employees based in its Kuala Lumpur head office, sources say.

The VSS was offered last month to its permanent employees based in its Kuala Lumpur head office with Job Grade 19 and below only. Petrofac-RNZ also has offices in Sabah and Sarawak.

Petrofac-RNZ is a member of Petrofac Group. It provides engineering and consulting services to the offshore oil and gas sector, including oilfield services to the international oil and gas industry.

A check on its website showed that a big portion of its jobs in Malaysia were for Petronas’ exploration and production arm, Petronas Carigali Sdn Bhd.

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1 Comment | investment, Malaysia, oil and gas | Tagged: , , | Permalink
Posted by Wata

Petronas Carigali awards 5-yr contract for design, engineering

February 17, 2014

I see that for Ranhill, the game is afoot.

From The Star, dateline 2014-01-07:

Petronas Carigali Sdn Bhd has awarded a five-year umbrella contract to four local engineering services contractors to undertake the design and engineering services for its facilities involved in the oil and gas industry.

Petronas Carigali, which is Petroliam Nasional Bhd’s upstream unit, said on Tuesday the four companies were Technip Consultant (M) Sdn Bhd, Perunding Ranhill Worley Sdn Bhd, RNZ Integrated (M) Sdn Bhd and MMC Oil & Gas Engineering Sdn Bhd.

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Posted by Wata

Saturday Star 2008-11-08 – Job Opportunities

November 10, 2008

Another week, another scan of the Saturday Star newspaper. Here’s a list of job ads in the paper:

RasGas is looking for a planning engineer – shutdown, lead metering technician… this week’s advert seems to be technician heavy. CVs to be submitted here. I believe RasGas is a JV, one of the partners being ExxonMobil.

  • Synergy Oil and Gas Engineering is recruiting fresh chemical engineering graduates, or those with around 1 year experience. CVs may be sent to enquiry@synergykl.com.my. It’s also looking for admin execs who can run the invoicing / payroll / accounting web as well as be office managers.
  • RNZ are looking for engineers, Process / Civil, Structural / Mechanical / Piping / Instrument / Electrical / Pipeline. And I thought they weren’t busy. CVs to be submitted here.
  • QP is looking for a lot of people. Among them are Snr Elec Eng, Lead Elec Eng, Lead Civil, Civil Eng, Head Rot Eqt, Lead Planning Eng, Costing Eng, Senior Process Eng. You can visit the QP website. Did I tell you that QP’s SWB (salary, wages, benefits) package is something to be sneezed at?

2 Comments | engineering | Tagged: , , , | Permalink
Posted by Wata