November 18, 2022
I have not read this, so cave canem
Dateline 2022-09-06, Mondaq:
Amid COVID-19 worldwide rife (which is now entering into endemic period), Malaysia remains a coveted market for oil & gas business to the global industry players. Since global outbreak of the infectious malady in 2019, the local economy in the industry is rapidly recovering although it is expected that the oil price continues to be volatile1.
As perspective, PETRONAS recorded over two-fold increase in its profit after tax for the first quarter this year: from RM9.22 billion last year to RM23.44 billion3.
November 18, 2011
Have you renewed your PETRONAS license recently? There’s been a change which seems to me shouts out ‘grow big or go home,’ and now shuts out small companies from bidding for multi-disciplinary engineering work.
From my point of view, there are two Standardised Work and Equipment Categories (SWEC) categories you need to be registered under to get the above work:
- SE201010000 – ENG. DESIGN, ARCH. & DRAUGHTING SERVICES -Engineering Design- Conceptual Engineering Design/FEED
- SE201020000 – ENG. DESIGN, ARCH. & DRAUGHTING SERVICES -Engineering Design- Detailed Design
However, the Minimum Technical Requirements (MTR) are so onerous that you can’t get these categories if you are small and don’t have a multidisciplinary team in your company (us small companies have tie-ups that would be technically capable of executing projects of the appropriate size, but we don’t have a single vehicle that would meet the requirements below).
What do you think? Are you affected by this change?
C’mon PETRONAS, lighten up.