Petronas - Expat Network

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Petra wins 5-year MCM contract from Petronas

Petra Resources Sdn Bhd (“Petra Resources” or “the Company”), a wholly-owned subsidiary of integrated brown field services provider Petra Energy Berhad, was recently awarded the Provision of Maintenance, Construction and Modification (MCM) services under Package B (Offshore) Sabah (“the Contract”) by PETRONAS Carigali Sdn Bhd (”PETRONAS Carigali”). The duration of the Contract will be for...

Technip awarded a subsea contract in Malaysia

Technip has been awarded a subsea contract by PETRONAS Carigali Sdn Bhd, (wholly owned subsidiary of PETRONAS), for the Samarang Redevelopment Project Phase 2 EOR, in Malaysia. Under this contract, Technip will manage the engineering, supply, construction, installation and commissioning (EPCIC) of flexible pipelines, with diameters ranging from 4” to 6”, as well as EPCIC...

Canada approves Petronas LNG project

Petronas is pleased that the Government of Canada has given a conditional approval for the proposed Pacific NorthWest LNG project. On behalf of the partners of the proposed project, Petronas would like to thank the Government of Canada, the Canadian Environment Assessment Agency, area First Nations, local residents and all other relevant stakeholders for their...

SapuraKencana bags USD65.3m new contracts

SapuraKencana Petroleum Berhad (“SapuraKencana”) has been awarded new contracts by clients with a combined value of approximately USD65.3 million (approximately RM264 million, based on USD1: RM4.04). The contract awards for work in Malaysia and in Vietnam were recently made to the company’s wholly-owned subsidiary, SapuraKencana TL Offshore Sdn Bhd (“SKTLO”). Details of the contract awards...

Providence Resources strike deal with Petronas

Providence Resources, the Irish oil and gas exploration company, will increase their equity stake to 100% in the standard exploration licence (SEL) 2/11, located offshore Ireland. The company has said it would take a 50% interest from its partner, PSE Seven Heads Limited, which is a wholly owned subsidiary of PSE Kinsale Energy Limited. Worth...

Tanjung wins Petronas contract

Malaysia’s Tanjung Offshore has secured a construction work request contract worth USD66.6 million Petronas Carigali. The contract has been signed by its subsidiary, Tanjung Offshore Services, and involves the maintenance of Petronas Carigali’s offshore and onshore facilities in Sarawak, Malaysia. Tanjung Offshore stated that the contract duration is for two years with the option to...

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.