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thomas lloyd

Further restriction on employment of expatriates in the oil and gas industry - 1 views

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    According to Partner and Vik Tang, International Counsel at HBT, Nadia Harto, Associate, Jakarta, last year, the Indonesian Ministry of Energy and Mineral Resources (ESDM) issued ESDM Decree No. 31/2013 on Expatriate Utilization and Development of National Employees in Oil and Gas Business (Decree 31), which introduces more stringent requirements and restrictions on the employment of expatriates for certain roles in the oil and gas sector. Decree 31 requires an responsibility on upstream and downstream companies in the Indonesian oil and gas sector, and related supporting industries, to make a priority on the employment of Indonesian workers, and particularly forbids employment of expatriates for the following roles: * human resources; * legal; * health, safety and environment; * supply chain management, including procurement and logistics; * quality control, as well as inspection; and * exploration and exploitation functions below superintendent level or equivalent positions. Decree 31 allows the utilization of expatriates for oil and gas activities in restricted circumstances, slike employment of expatriates: * as director or commissioner for the purpose of encouraging investment in the oil and gas sector; * for professional positions requiring specific skills and technological expertise in this sector in order to transfer knowledge relating to new technology; and * for certain positions that cannot be filled by domestic workers. The application of expatriates for 'non-prohibited functions' in the oil and gas industry ought to be permitted by the Directorate General of Oil and Gas. Decree 31 endows with for a reasonably meticulous set of requirements that should be met by the expatriates in question. -For example, they should have at least of 5 years related working experience, be 30 - 55 years of age, be able to communicate in the Indonesian language and enthusiastic to transfer knowledge and skills to Indonesian workers. The Indonesi
thomas lloyd

Seizing opportunities for South East Asia's oil and gas industry - 1 views

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    http://www.westhillconsulting-career.com/blog/2014/03/17/seizing-opportunities-south-east-asias-oil-gas-industry/ Since 2010, South-East Asia has consolidated its position as an important contributor to the global downstream market with Petronas' recent announcement of its plan to build the new RAPID facility in Malaysia one further example of the region's growing importance. In reality the timing couldn't be better - as populations across Asia continue to grow, the demand for fuel will grow exponentially, offering oil & gas operators a real opportunity to make a significant contribution to the region's continued economic development. However, with this growing demand comes additional pressures, and with the sector still vulnerable to fluctuating oil prices, operators can ill-afford to rest on their laurels. The need to ensure their operations are as productive as possible and that cost inefficiencies are stripped out from the very outset, is arguably more important than ever before. Minimizing operational costs When it comes to new projects oil & gas operators have traditionally been good at minimizing their CAPEX spend. However, there has been much less focus given to limiting the cost of operation of their assets. With maintenance costs typically responsible for 20-30% of the overall OPEX expenditure, this is one area where the downstream sector in South-East Asia is increasingly focusing its attention. According to some analysts the costs incurred across the globe in maintaining the next generation of oil & gas assets could equate to $0.75 trillion highlighting the scale of the prize that could be on offer here. For a typical refinery the operational expenditure is principally dictated by three prime factors: the quantum of work carried out on the asset, the efficiency at which it can be delivered and the agreed cost rate of the resource used. In each instance there is an opportunity to significantly reduce cost outlay by focusing on a range of inter
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