Shout Out – IEM Employment Survey

January 5, 2018

The following is an email extract from the IEM. As a Council Member, with the intent of getting a larger participation of O&G in the IEM (let’s get the numbers for a VP voting bloc!), could you fill up the survey accessed via this link https://www.surveymonkey.com/r/JFF6LHS, and forward to your subordinates, HOD and staff for their participation?

“From: Janet Lim

Date: 27/12/2017 19:39 (GMT+08:00)

Subject: IEM Employment Survey

Dear Sirs/Madam Kindly be informed that the Standing Committee on Welfare had sent out a questionnaire for the IEM Employment Survey via email blast. If you have not completed the survey, we would greatly appreciate if you could click on this link to complete the survey. Thank you for your assistance.

Best regards Janet Lim

on behalf of Ir. DR. TAN CHEE FAI

Chairman Sub Committee on IEM Employment Survey”


PETRONAS Activity Outlook 2018-2020

December 4, 2017

It’s here, folks. Get your copy while it’s hot.

PETRONAS Activity Outlook 2018-2020


Extract from “Tuah Jebat” – Warisan Perintis

November 5, 2016

 

Unit Tindakan Khas (UTK) telah mengakhiri era kewujudan mereka apabila termaktub semua perjanjian PSC yang selebihnya. Pada masa mereka merangka dan merundingkan PSC, yang turut tertubuh ialah Jabatan Pemasaran Antarabangsa atau “International Marketing Department (IMD)” bagi mengagih minyak mentah ke pasaran antarabangsa dan Jabatan Pemasaran Dalam Negeri atau “Domestic Marketing Department (DMD)” untuk penjualan bahan petroleum di dalam negeri, khususnya melalui stesen-stesen servis.

..

Visit here and buy books so I have some spending money.


Saturday Star 2018-01-20 – Job Opportunities

January 22, 2018

Happy worry about a new year week. IGL has pivoted into training, so book your seats now.

We’re thinking of republishing Young Turks of PETRONAS, but it’s a minimum 500 book printing run. Do I have enough interested persons to purchase?

Donate to your favorite charity (me), buy my recommendations, or through my Amazon store. Or get the Young Turks series (3 books until I can get YTP republished). Where are those corporate sponsors? Or throw donations at me, my camera dive case flooded, and I need a new replacement. Heck, if you want to send me a Canon 5D Mk III plus dive case, I will not say no.

  • I have a feeling that The Star isn’t the preferred O&G job recruitment portal now, and they have moved adverts to another online presence (I bought a dead tree edition this week). I see more adverts via social media. What do you think, is it a step change that the papers need to embrace?
  • I’m looking for jobs for 2Q2018. Send me your POs.

Food choice of the week? Please patronise King’s Confectionery at IOI Mall. A member of the family is working there while waiting for exam results. Go on, you know you want to a donut (British edition) every 3 hours.

This week, may I suggest you have a peek at Dakwah Corner? They have branches in Subang Parade, PJ Section 14, Ampang Park (okay, forget about the Ampang Park branch)


Yinson to Take Over Layang FPSO from THHE

January 21, 2018

Interesting…

Dateline 2017-11-30, MarineLink:

THEE (sic), which has the Layang FPSO contract with Japan’s JX Nippon. has applied to Kuala Lumpur High Court, Malaysia to allow it novate the contract and deliver the vessel to Yinson.
Yinson has confirmed this in the Bursa Malaysia filing on Wednesday, saying it has no objection to the THHE application.
The charter contract — which is for EPCIC and leasing of a floating production storage and offloading facility to be deployed at the Layang field in Block SK10, offshore Miri, Sarawak — was initially made between JX Nippon Oil & Gas Exploration (Malaysia) Ltd and THHE.

 


‘Recovery in O&G industry hindered by low capex’

January 20, 2018

Dateline 2017-11-29, The Edge:

UMW Oil & Gas Corp Bhd (UMW-OG), a stock that has fallen out of favour after the meltdown of crude prices in late 2014, beat estimates with its first-ever profitable quarter in two years in the third quarter ended Sept 30, 2017.

The performance brought fresh optimism about earnings recovery for other upstream players. But is the long wait finally over? Analysts are still sceptical, with no consistent work order flow in the local upstream segment with national oil firm Petroliam Nasional Bhd (Petronas) sticking to upstream capital expenditure (capex) cuts.

 


IEM Shout Out – 2018-01 Talk on “Talk on Environmental Due Diligence”

January 19, 2018

Dont’ play play.

My technical division will be hosting a talk on the 27th January, 2018 . It is worth 2 CPD points, and held at Wisma IEM. The talk will be presented by Mr Chiew Teck Wee.

Environmental Due Diligence is a process of identifying environmental risks and liabilities in order to help business to make informed decisions about commercial real estate transactions, or merger and acquisition (M&A). What are the common key issues associated with the hidden “can of worms” that may have significant implications on liability and risk? Major non-compliance/ violations Operational constraints imposed by environmental approval conditions/ permit-to-operate/ licenses Contaminated soil and groundwater. Unaccounted high waste disposal cost Long term remediation/ clean-up. Professional EDD assessors will identify the recognized environmental conditions at the property and if necessary, will recommend further investigation or assessment to characterize or estimate the potential liability or risk. Without EDD, unknowingly the owner may be held liable by simply owning the property. From site clean-up to compliance obligations and even third party legal actions, the remediation costs can easily run into the millions for the liable party. As such, EDD is a useful tool for the Buyer as well as the Seller because it enables both parties to make informed decisions to proceed with the transaction with negotiated terms & conditions, or to cancel the deal.

A chemical engineer by training,  Mr Chiew Teck Wee has 20 years of experience in environmental consultancy and project management. Mr Chiew received his degree from University of Malaya and later completed MSc in Environmental Technology at Imperial College London. He is registered with the Department of Environment (DOE) as Environmental Impact Assessment (EIA) Consultant. He is also a certified Lead Environmental Auditor. Mr Chiew has worked on numerous EDD projects with business, corporate clients and legal firms. He regularly provides consultancy and training on environmental compliance/ risk assessments and sustainability. Geographically, he has carried out environmental projects and studies in the Southeast Asia region, Kingdom of Saudi Arabia, Qatar and Sudan. Mr Chiew is the Managing Director and Founder of Riverstone Environmental Sdn Bhd. http://www.riverstone-enviro.com

Register here, or download the form here.


IEM Shout Out – 2018-01 Half Day Workshop on HAZOP and Sustainable Process Design for Undergraduates

January 19, 2018

This is underselling my presentation.

My technical division will be hosting a half day course on the 20th January, 2018. It is worth 4 CPD points, and held at Wisma IEM. The course will be presented by moi, Councilman Ir. Razmahwata Mohd Razalli.

The course is meant to provide undergraduates with both instruction and workshop sessions so that the participants:
•  Are familiar with the concept of ‘risk’and familiar with the theory behind HAZOP
•  Are familiar with the actual HAZOP workshop process. And Participate in a HAZOP exercise.

At the end of the session, the participants should:
•  Have experience in a HAZOP session.
•  Understand the outcomes from a HAZOP session

Ir. Razmahwata has 20 years of experience in the oil and gas industry, in both design and operations. He has HAZOP, HAZID and SIL workshop leadership experience on offshore facilities. He is currently the Lead Engineer of IGL Services Sdn Bhd.

Register here, or download the form here.


IEM Shout Out – 2018-01 Talk on “Oil & Gas Industry in Turbulent Times: Safe Place? Play Safe? Or Don’t Play Play?”

January 19, 2018

Dont’ play play.

My technical division will be hosting a talk on the 20th January, 2018 (yes, I am slow this year). It is worth 2 CPD points, and held at Wisma IEM. The talk will be presented by Ir. Lee Chang Quan.

In view of the hazards and risks associated with production, transportation, and handling of hydrocarbon, companies in the oil and gas industry have always given the pledge to have business top priority to the subject of safety. People may get injured or killed, and environment may be damaged. It is evident from the history that, if the hazards and risks are not managed properly, catastrophic disaster could happen, as in the case of Piper Alpha, Bhopal, or to the recent one at Macondo.

Managing safety has remained a top challenge though. In the time of market volatility, many oil and gas companies have taken serious measures to control cost so as to survive the turbulence. It is in this time of cost pressure that the pledge of maintaining health and safety as the top business priority will be tested.  This talk will look into the key safety management challenges faced in the oil and gas industry, and share on how these challenges could be managed, especially in times of turbulence.

Ir. Lee Chang Quan started his career as a mechanical engineer with a design engineering firm, and moved on to join a national oil company. His experience in the oil and gas industry include engineering, procurement, installation and construction activities in plant modification and rejuvenation projects. He has led a few feasibility studies, engineering management work and managing brownfield projects. Later, he moved on to undertake operational excellence and improvement roles at business level. He is now the Health, Safety and Environment Manager with one of PETRONAS subsidiaries, formulating HSE strategies and implementation plan. He is a trained internal auditor, involving in Tier 1, 2, 3 HSE Assurance Programs. He is an active trainer in HSE programs.

Register here, or download the form here.


Mixed views on Petronas capex allocation

January 19, 2018

Dateline 2017-11-25, The Star:

Petronas records another strong quarter on stronger oil prices
Analysts are mixed on whether this means increased capex spending and activities
Outlook for crude oil prices remains uncertain due to risks on demand aswell as supply
OIL giant Petroliam Nasional Bhd (Petronas) recorded yet another strong set of results in the third quarter, with profit after tax (PAT) surging 64% to RM10bil.

The stellar performance followed a more than a four-fold jump in PAT to RM7bil in the second quarter, and an over 100% surge in net profit in the first quarter ended March 31, 2017, due mainly to recovering oil prices and efficiency improvements by the company.

The company is optimistic about its prospects as well, having said that it expects to record stronger results for the full-year, compared to the previous year.