KNM Secures RM983 Million Loan For Borsig Group Acquisition

KNM Group Bhd has secured a loan of up to 220 million euros or RM983 million from European lenders to settle its existing term-loan for the acquisition of the Borsig Group.

 

 In a filing to Bursa Malaysia today, KNM said the tenure of the loan would be up to five years and expected the full payout for the Borsig Group to improve the company's debt profile.

 

 The group entered into an agreement on Wednesday with UniCredit Bank AG, UniCredit Luxemborg SA and other participating financial institutions.

 

 "The term-loan facility shall ultimately be applied towards the full discharge and settlement of the company's existing term-loan for the Borsig Group acquisition," added KNM.

Source: Bernama

Various Jobs for Engineer (Mechanical/ Process/ E&I / Chemical/ Rotating/ HSE/ Planner/ QA)

We are currently looking for below positions:

1. Mechanical Engineer

2. Process Engineer.

3. E & I Engineer.

4. Planner/Scheduler

5. QA/QC.

6. Chemical Engineer.

7. HSE

8. Rotating Engineer.

If interested, please sent your resume/CV to k_ane84@yahoo.com

In your email, please mention position apply and year of experience.
Example: Process Engineer with 3 years of experiences.

Thank You.

Khairul Anam Marzuki

(012-2778427)

Various Jobs with Enersea

Manpower requirement.

 

Before 2013 curtain goes down, we are still looking for suitable candidates to fill the listed positions below. The CVs that we have screened and the candidates that we interviewed were not suitable. They either lacked upstream oil and gas experience, lacked operational experience and do not want to be based in KK.

 

The candidates that we are still looking for must be Malaysian and have the necessary relevant qualifications and strong experience in the oil and gas industry. They will be engaged as contract direct hire with Company for 1 or 2 years initially. Location will be either in KL /Kota Kinabalu (KK)/offshore, depending on the positions.

 

 The positions are:
 1. Lead, Asset Integrity - KK (10 yrs exp)
 2. Operations Interface Coordinator - KK (10 yrs exp)
 3. Sabah Government Liaison Officer (must be a Sabahan - 7 yrs exp) - KK
 4. Production Supervisor - offshore (10 yrs exp)
 5. Services Supervisor – offshore (10 yrs exp)
 6. Drilling Engineer – KL (must have operational experience - 8 yrs exp)
 7. Project HSE Engineer - KL (10 yrs exp)
 8. Executive, Corporate HSE - KL (7 yrs exp)
 9. Executive, HSE Contracts & Systems - KL (7 yrs exp)
 10. Business Planning and Corporate Affairs Assistant – KL (3 yrs exp)
 11. Technical Assistants (accounts/finance background) – KL (3 yrs exp) – they can be administrative assistants and we require them for short term contract of 6 to 8 months

 

Please state your interest by indicating the following details:
 1.Expected Monthly and Daily Rate
 2. Availability date
 3. Number of years (experience) Onshore and Offhsore
 4.Having valid certificates for Offshore (BOSET/medical/PTW/OSP etc.)

 

Please send your updated CV's to: recruit@enersea.com.my

Various Oil and Gas Jobs in Kuala Lumpur

We have received a request from our client for various positions:

 

1. Senior Maintenance Subsea Engineer

2. Senior Maintenance Rotating Engineer

3. Senior Maintenance Static Engineer

4. Senior Maintenance Electrical/ Telecom Engineer

5. Senior Maintenance Instrument Engineer

6. Senior Process Engineer

7. Material Analyst - Cataloguer

 

The project is based in Kuala Lumpur, Malaysia which they require the incumbent support the technical team for the developing maintenance manual/procedures for the maintenance offshore platform.

The candidate shall:

 

1. Have an experience in O&G industries at least 10 years working experience.

2. Awareness of Generic Maintenance Strategies (or Maintenance Best Practices)3. RCM Awareness would be an advantange

4. Candidates must be fluent in both verbal and written in English.

5. Duration will be 24 months contract terms.

 

If interested, please send your good cv, availability and expected rates toanuar.harun@aramis-gr.com

Jobs for Inspection Coordinator (Based in Singapore)

My client is seeking for an Inspection Coordinator to be based in Singapore on a contract basis.

 

Requirements:
 - At least 10 years of experience as a QA/QC inspector (mechanical background-static/rotating/ pressure vessels)
 - NDT Certified
 -Good experience from projects in the following fields: Oil & Gas Onshore & Offshore, Petrochemicals, Power plants, Mechanical & Chemical plant equipment or 3rd Party Inspection Companies

 

Main Duties:
 - Review/Approve Manufacturing Data Books
 - Review/Approve Inspection/Test Plans
 - Handle concession requests
 - Handle Non conformance reports

 

Please send your updated CV to g.chua@progressivege.com

 

Thank You and Best Regards,

 Gracie Chua

 Progressive Global Energy & Natural Resources
 Phone: +65 6591 5600
 Email: g.chua@progressivege.com

Petronas and Brunei Petroleum Sign Megabuck Deals

Brunei national oil company, PetroleumBRUNEI has signed a deal to buy three per cent stake in Petronas' Canadian natural gas asset and Canadian liquefied natural gas (LNG) facility.

 

Petronas said a number of agreements were signed with the Brunei petroleum authorities towards deepening mutually beneficial cooperation in the oil and gas industry between both parties. The agreements were signed yesterday in conjunction with the 17th Annual Malaysia-Brunei Leaders' Consultation held in Bandar Seri Begawan, Petronas said in a statement today.

 

Under the agreement, Petronas said PetroleumBRUNEI has agreed to buy three per cent stake in its Canadian subsidiaries -- Progress Energy Canada Ltd's natural gas assets and in the proposed Pacific NorthWest LNG Ltd's export facility.

 

PetroleumBRUNEI has also agreed to buy three per cent share of Petronas' output for at least 20 years," said Petronas, Malaysia's national oil corporation. Among other deals sealed was the Head of Agreement (HOA) between Petronas and the Natinal Unitisation Secretariat of Brunei Darussalam towards formalising a unitisation arrangement for Malaysia s Kinabalu West NAG field and Brunei Maharajalela North Panel field, that would pave the way to resolve several issues of the straddling fields.

 

Both the parties also signed another HOA towards a provisional arrangement for joint development of Malaysia s Gumusut/Kakap oilfield and Brunei Geronggong/Jagus-East oilfield based on a provisional production and cost-sharing deal until a further agreement is reached on the fields' status.

 

 The Brunei national oil company awarded two production-sharing agreements (PSAs) for Brunei's offshore Block N and Q to Petronas Carigali Brunei Ltd and Shell Deepwater Borneo Ltd, with an equal 50:50 equity interests in both blocks.

 

Meanwhile, Petronas said a memorandum of understanding was also signed between Malaysia Marine and Heavy Engineering Sdn Bhd, a unit of Petronas subsidiary, MISC Bhd, and PB Services Sdn Bhd, a subsidiary of PetroleumBRUNEI, towards a possible 30:70 joint venture to provide engineering and fabrication services.

 

 "We view the agreements reached with the Brunei petroleum authorities as a positive step forward in strengthening our presence in Brunei and deepening our relationship for mutual future growth in Brunei, Malaysia and elsewhere," Petronas added.

Source: Bernama

Marine Jobs in Dubai

Marine Jobs for Immediate employment vacancy in Dubai.

 

Following position for Dubai Vacancy direct hire, interested candidate to forward your cv to hr.borneoffshore@gmail.com for immediate action.

 

Experienced DPA/PORT CAPTAINS/MARINE SUPERINTENDENTS who has experience as Master of offshore vessels and willing to relocate to Middle East is immediate employment offer with good package for successful candidate.

 

For HSE Superintendent and Country Manager position with good knowledge in marine background is a advantages.

 

Potential candidates to submit your cv for immediate arrangement for an interview appointment.

Contact person: Capt.Louis Epang

Email: hr.borneoffshore@gmail.com

Prime Contact: 01129097444, Skype :www.july16

www.borneoffshore.com /www.borneoffshore.weebly.com

 

THANK YOU,

BEST REGARDS,

CAPT.LOUIS EPANG

BORNEO OFFSHORE SERVICES-CEO

+01129097444

CEO

Various Oil and Gas Jobs (Dec 2013)

Currently we had requirement for few positions as below

 

1) Civil supervisor

2) Piping supervisor

3) Mechanical supervisors

4) Electrical supervisors

5) Civil QC Inspector

6) Piping QC Inspector

7) Mechanical QC Inspector

8) Electrical QC Inspector

9) Welders 3G

10) Welders 6 G

11) Pipe Fitters

 12) Structural Fitters

13) Bar benders

14) Carpenters

15) Electrician

16) Semiskilled- mechanical

17) Semiskilled- fitter

18) Semiskilled- electrician

 19) Semiskilled- welder

20) Blaster

21) Painter

 

All with experience in power plant , oil and gas or industrial construction field.

 

Please express your interest by stating your expected salary and forward your CV in WORD FORMAT to p.nithyah@st-engineering.com.my

 

You may assist us to forward to your contacts who are interested.

 

Thanks and Regards

 

Nithyah Palaniappan

Administrative Executive

Bumi Armada Bags RM844 Million Russian Contract

Bumi Armada Bhd, an international offshore oilfield services provider,has bagged a RM844 million (US$262 million) contract from Russia's Lukoil-Nizhnevolzhskneft Ltd to provide three ice-class vessels to service offshore platforms in the Filanovsky field, in the Caspian Sea.

Each of the contracts is for a period of 10 years with further extensions of up to another 20 years with an estimated aggregate value of RM1.56 billion (US$483) if the extension options are fully exercised.

An interim contract of approximately RM59 million (US$18 million) was also signed for the provision of two support vessels and one rescue vessel to be delivered in November next year for deployment pending delivery of the purpose built ice-class vessels.

Bumi Armada Executive Director/Chief Executive Director Hassan Basma said the contracts further reinforce the consolidation of its business in the Caspian region and strengthens the market position.

"It is Bumi Armada's first entry into the Russian Offshore Support Vessel (OSV) sector and our first in building ice class vessels to complement our OSV fleet of some 50 vessels," he said after the contract signing ceremony here Tuesday.

He also said Bumi Armada was looking forward to exploring Africa with Lukoil, specifically Sierra Leone, Ivory Coast and Ghana.

Meanwhile, Hassan said the ice-vessels project is the second collaboration with Lukoil and expects the company's capital expenditure for 2014 to increase to US$2 billion compared to between US$500 million-US$700 million this year.

 

Source: Bernama

Petronas Vendor Development Program (VDP) helped Bumi Firms to Compete Globally

Petroliam Nasional Bhd's (Petronas) Vendor Development Programme (VDP) has helped the Bumiputera companies not only to improve their quality and capabilities, but also acted as a stepping stone for them to compete with other international companies.

 

 This is recognised by PBJV Group Sdn Bhd, which has been with Petronas VDP since 2006. The company is a wholly-owned unit of Barakah Offshore Petroleum Bhd.

 

 Its Executive Chairman, Nik Hamdan Daud, said besides the pipeline pre-commissioning, commissioning and de-commissioning, under the VDP, the company has managed to develop its business to include expertise in hook-up and commissioning, and transportation and installation.

 

 "Getting onto the programme really helps us develop our capabilities and at the same time increase exposure for our company (to international level).

 

 "Before this, without VDP, our jobs are contracts on ad hoc basis. We got a lot of jobs and we deliver the qualities but the difficulty is we cannot plan for our future expansion.

 

 "The VDP has helped us plan our resources and expansion for the future at a reasonable cost," he told reporters on the Petronas VDP here Thursday.

 

 He said the VDP has also helped PBJV's revenue jump over 50 per cent compared with prior joining the programme. Nik Hamdan said under the VDP, a company needed to meet the Key Performance Index (KPI) set by Petronas.

 

 "Among the KPIs are that the vendor needs to comply with ISO:19001 standard, zero lost time injury and zero complaints from clients," he said.

 

 He said every year the company would be audited by Petronas to ensure they met the national oil company's standards.

 

 "We are still under the VDP because Petronas has extended our tenure as we met all the KPIs it set," he said.

 

 Nik Hamdan said the company has managed to expand its investment and did a few jobs in Vietnam and Indonesia.

 

 Meanwhile, Nik Hamdan said Petronas has not sidelined the Bumiputera companies even though the companies were qualified to perform the job.

 

 "Petronas, I believe, look at overall performance of the company," he said.

 

 The VDP is a government initiative to create resilient and competitive Bumiputera entrepreneurs in manufacturing and technical services in medium- and high-technology, with import-substitution as the main end-goal. Under the programme, the vendors are awarded contracts by Petronas and/or its production sharing contractors through single-source direct negotiation.

Source: Bernama

Various Oil and Gas and Marine Jobs

We are currently looking candidates as below

 

1. MARINE CAPTAIN

- MINUMUM 10 YEARS SEA GOING EXP AND 5 YEARS IN OFFSHORE

- HOLDS CERT OF COMPETENCY IN ACCORDANCE TO STCW 95' REGULATION

2. LINE TRAINER

- MINIMUM 10 YEARS OFFSHORE IN OIL & GAS

3. SAFETY HEALTH OFFICER

- MINIMUM 6 YEARS IN OIL N GAS AND 5 YEARS IN OFFSHORE

4. ROTATING TECHNICIAN

- OVERHAUL ENGINE (OFFSHORE)

 

Please email your resume/ CV to shaniza@vhenergy.com.my &shauqi@vhenergy.com.my

 

CV in MS Word / availability & expected salary

 

Regards

Shaniza Dahlan

Jobs with Murphy Oil

Current we are looking candidates to fill positions as below (2 positions available)

 

Company: Murphy Oil

Jawatan: QAQC Engineer / Coordinator.

Qualification: Degree in Mechanical / Petroleum / Chemical / Electrical  Engineering .(Electronic and Civil don't apply)

Experience : 6 years and above

Status: URGENT

 

If interested, please send your resume/ CV to syj_orange@yahoo.co.uk

Jobs for Senior Manager Administration

We are urgently looking for a Senior Manager Administration to be based in Kuala Lumpur for our client.

Requirements:

• Degree or Diploma from any discipline
• good experience managing logistic and office maintenance management
• excellent in English and Bahasa Malaysia (write & speak)
• able to manage a team
• good salary and benefits
• preferably 45 years and below

Please send your latest updated cv to maznishafie@yahoo.com immediately

Jobs for Petronas Rapid Pengerang Project

We got a new requirement for below position. If interested, please email your updated resume/CV with the expectation salary MONTHLY and also DAILY RATE tojun_kazama_80@yahoo.com

Please put the position number desired and also expected salary in your email subject. 

The position as below:-

1.QA/QC Manager
2.HSE Manager
3.Project Engineer
4.E&I Engineer
5.Lifting Supervisor
6.Planning / Scheduling Engineer
7.Welding Engineer
8.Supervisor
9.E&I Supervisor
10.Scaffolding Supervisor
11.Insulation Supervisor
12.Painting Supervisor
13.Safety Supervisor / Coordinator 
14.Administration Officer
15.Project Secretary
16.Document Controller
17.Material Controller
18.Licensed Electrical Worker
19.Electrician
20.Bus Driver
21.Security Guard
22.Structural Foreman
23.Mechanical Foreman
24.Piping Foreman
25.Structural Fitter
26.Mechanical Fitter
27.Pipe Fitter
28.Rigger
29.Millwright
30.General Workers 

Jobs for Construction Engineer with Shell MDS

Currently we are looking a good candidate for our client(Shell MDS) for the role ofConstruction Engineer.

 

The requirements are: Min Degree(preferably Mechanical), 4-7 years of experience in downstream construction projects, some piping and mechanical background would be an advantage.

 

Please assist me in locating the right candidate from one of your colleagues as this is an urgent role to be based in Bintulu.

 

If anyone interested, please submit your resume/CV to DharamjitS@fircroft.com

 

Appreciate your help very much.

 

Thanks.

 

Best regards,

  
Dharamjit Singh

Recruitment Consultant
Fircroft Group
Tel: + 60 3 9205 7742
Fax: + 60 3 9205 7745

Email: DharamjitS@fircroft.com
Web: www.fircroft.com/my

Address: Fircroft Malaysia Sdn. Bhd.
Level 8, Pavilion KL,
168 Jalan Bukit Bintang, 55100, Kuala Lumpur

Various Oil and Gas Jobs in Kuala Lumpur

Following positions in an oil and gas firm on a permanent basis.

 

 Senior Static Equipment Engineer
 Min 10 Years Experience in related field
 Bachelor Degree
 based in KL
 Malaysian preferred

 

 Structural and Lifting Specialist
 Min 13 Years Experience in related field
 Bachelor Degree
 based in KL
 Malaysian preferred

 E & I Specialist
 Min 13 Years Experience in related field
 Bachelor Degree
 based in KL
 Malaysian preferred

 Metering Specialist
 Min 13 Years Experience in related field
 Bachelor Degree
 based in KL
 Malaysian preferred

 Well Integrity Specialist / Engineer
 Min 13 Years Experience in related field
 Bachelor Degree
 based in KL
 Malaysian preferred

 

If anyone interested, please contact or submit your updated resume/CV topaul@bravelia.com or call him directly at +65 90602492

Best Regards.

 

Paul

Bravelia Energy Services Pte Ltd
Mobile:+65 90602492 

Email: paul@bravelia.com

Barakah Offshore Pre-tax Profit Soars To RM57.55 Million

Barakah Offshore Petroleum Bhd's pre-tax profit for the financial year ended Sept 30, 2013 soared to RM57.55 million from RM39.45 million recorded in 2012.

Revenue jumped to RM298.9 million, for the period under review, from RM201.96 million chalked up in the corresponding period, the company said in a filing to Bursa Malaysia Tuesday.

It said the higher results were due to the better performance in the pipeline and commissioning services segment, and, installation and construction services segment, which contributed approximately 59.11 and 40.89 per cent, respectively, towards the turnover.

The board believed the group would continue to enjoy positive growth given its order book of approximately RM756 million for the next five years.

"The group will continue to leverage on its core competencies and its newly completed pipe-laying accommodation barge, known as "Kota Laksamana 101", to look for opportunities for projects in the oil and gas industry," it added.

Source: Bernama

 

Oil and Gas Jobs with Shell Brunei

Looking for candidate as below position:-

 

Planning Engineer - Hold an appropriate Technical qualification and have minimum five (5) years’ practical experience relevant to planning of minor and/or major projects, both offshore and onshore, in the Oil and Gas industry.

 

Civil/Structural Engineer - Have 15 years experience of which twelve (12) years must be of practical engineering design experience (designer/ drafting level is not included) appropriate to the discipline in the offshore and onshore oil and gas industry

(b) At least three (3) years shall have been spent in the overall coordination and supervision of an engineering design team

 

Mechanical/Rotating Engineer - Hold a recognised degree in mechanical engineering or equivalent and have minimum 10 years of mechanical design engineering practical experience in the offshore and onshore oil & gas industry.

Have 7 years’ experience in the upstream oil and gas facility design and preferably two (2) years in a leading/ coordination role in multi-discipline team.

 

Location          : SHELL BRUNEI

Duration          : 24 months

 

Please email to Rainani_Jamalodin@fwuk.fwc.com or Rainani@ope.com.mytogether with your update CV (Microsoft Office).

 

STRICTLY FOR QUALIFIED CANDIDATE(s).

Bumi Armada Secured Contract To Supply And Operate FPSO in North Sea

Bumi Armada Bhd (Bumi Armada) announced that it has secured a Letter of Interim Agreement from the UK-listed EnQuest and its partners to supply and operate a Floating Production, Storage and Offloading (FPSO) vessel for the Kraken field in the North Sea. The Kraken field lies in Block 9,350 kilometres (km) north east of Aberdeen, Scotland, and 420km west of Stavanger, Norway.

 

This signifies Bumi Armada’s maiden entry into the large FPSO segment, which brings its total FPSO fleet to seven, placing it among the largest FPSO players in the world.According to HwangDBS Vickers Research Sdn Bhd’s (HwangDBS Vickers Research) analyst, the contract value has not been disclosed yet and the final award is expected to be concluded by November 30, 2013.

 

“We understand that the contract could offer an eight-year firm period and a 17-year extension given the field’s expected production life of up to 25 years. We estimate the charter rate at around US$550 per day, suggesting a whopping US$1.6 billion (circa RM5 billion) contract for the eight-year duration.”

 

The analyst noted that the earnings forecast has been raised to account for the contribution from Kraken FPSO in FY14 and a similar large FPSO in FY15 given Bumi Armada’s focus in this segment which has high entry barriers.

 

“A financing agent has been appointed for this US$1 billion capital expenditure (capex) project which entails 30 months of conversion period before first oil in 2016 to 2017. We expect Bumi Armada’s balance sheet to stay healthy at 0.9 times by FY15.”

 

Meanwhile, analyst Aaron Tan of MIDF Amanah Investment Bank Bhd research arm (MIDF Research) said this job win comes as little surprise as it was much anticipated since August/September 2013. In addition, he highlighted that the company is still a strong contender for the Madura FPSO job by Husky Energy worth around US$400 million.

 

“We are maintaining our buy recommendation premised on expanding topline, increasing orderbook quality value with sizable extension options, sustainable margins of more than 20 per cent, and undemanding valuation,” Tan noted.

 

Source: Borneo Post

Petronas Awarded RM10 Billion Contract To Six Firms

Petronas has awarded a major 13-package, five-year offshore hook-up, commissioning and maintenance services contract with a total work value of about RM10 billion to six local providers.

 

The Pan Malaysia Integrated Hook-Up and Commissioning and Topside Major Maintenance Contract was awarded to Kencana HL Sdn Bhd, Dayang Enterprise Sdn Bhd, Petra Resources Sdn Bhd, PBVJ Sdn Bhd, Carimin Engineering Services Sdn Bhd and Sigur Ros Sdn Bhd for five years beginning this year.

 

The contract involves hook-up, commissioning, maintenance services for offshore facilities and manpower requirements for the execution of the respective work scope.

 

“The award of this major contract is Petronas’ acknowledgment of the capability of local service providers, including Bumiputera companies,” said Petronas vice president of Petroleum Management, Ramlan A Malek in a statement yesterday.

 

The six contractors will be providing hook-up and commissioning and topside major maintenance services to nine Petronas production sharing contractors, including Petronas Carigali Sdn Bhd, Sarawak Shell Bhd, Sabah Shell Petroleum Co Ltd and ExxonMobil Exploration and Production Malaysia Inc.

 

The Pan Malaysia Integrated Hook-Up and Commissioning and Topside Major Maintenance Contract is one of Petronas’ largest service contracts currently in place. It is part of Petronas’ continuous efforts to further optimise project deliveries and offshore activities in terms of costs and schedule while at the same time drive and support the growth of capabilities among Malaysian service contractors.

 

Source: Bernama