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.

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


Cover Story: A challenging transition period for Petronas

September 25, 2021

Dateline 2021-09-09, The Edge:

NATIONAL oil company Petroliam Nasional Bhd (Petronas) is going through a period of transition, and could undertake asset divestments, acquisitions into new businesses and other corporate exercises — all of which could dampen earnings in the near term at least.

These changes come at a time when the global economy is being ravaged by the effects of the Covid-19 pandemic and there is a shift away from oil as a source of fuel as environmental, social and governance (ESG) awareness makes cleaner options more desirable. Electric cars are catching on, threatening to sideline internal combustion engines.

“There is one very aggressive consultancy that has told us [oil is going to peak] in the next one or two years. Yes, that soon, mainly because of the convergence of all the OEM (original equipment manufacturer) carmakers,” says Petronas president and group CEO Tengku Muhammad Taufik, in explaining the challenging outlook.


‘Biomass to energy’ can help Malaysia meet green energy goals, says MIGHT

September 25, 2021

Dateline 2021-09-01, The Edge:

Malaysia’s new energy transition agenda through “biomass to energy” (BTE) is expected to be of help in the country’s supply of green energy for future use, according to the Malaysian Industry-Government Group for High Technology (MIGHT). 


Takiyuddin says committed to strengthening Energy and Natural Resources Ministry agenda

September 24, 2021

Dateline 2021-09-01, Malay Mail:

Energy and Natural Resources Minister (KeTSA) Datuk Seri Takiyuddin Hassan today expressed his ministry’s commitment in pursuing its agenda to ensure that the country’s natural resources are safeguarded, and managed sustainably and responsibly for future generations.

Takiyuddin said in line with the agenda to address the country’s climate change, KeTSA was also committed to increasing electricity generation from renewable energy sources through the Electricity Supply Generation Development Plan 2021-2039.


RESEARCHERS REVEAL THE REAL SAVINGS FUEL ECONOMY STANDARDS WILL BRING TO MALAYSIA

September 23, 2021

I think this is what is called ‘angkat bakul sendiri’ but hey, if it saves the world for my office’s cat’s (n)greatgrandkittens, why not?

Dateline 2021-08-31, XJTLU:

In a paper published in the journal Sustainability, Distinguished Professor Teuku Meurah Indra Mahlia and PhD student Ahmad Zuhairi Muzakir, both from UTS, along with Professor Eng Hwa Yap from XJTLU, found that if Malaysia adopted a fuel economy standards policy similar to those implemented internationally, it would provide huge savings in fuel consumption and reduce carbon emissions.


Rex Gets Hold of Two Small Oil Fields Offshore Malaysia

September 22, 2021

Rex who?

Dateline 2021-08-30, OE:

Oil and gas companies Rex International and Duta Marine have been awarded rights to operate the Rhu-Ara and Diwangsa clusters offshore Malaysia.  

Petronas signed the two Small Field Asset (SFA) Production Sharing Contracts with the two companies in what is Rex’s maiden entry into Malaysia’s upstream industry, in partnership with local company Duta Marine. 


Gas Malaysia subsidises refuel costs for B40 motorcyclists

September 21, 2021

I would suggest that the money may be invested in better ways to help B40, but hey, above my pay grade.

Dateline 2021-08-30, The Malaysian Reserve:

GAS Malaysia Bhd is taking up the petrol refill costs for lower income groups who are riding motorcycles below 170cc to help them cope with living costs amid the Covid-19 pandemic.

The corporate social responsibility (CSR) initiative themed “Kempen Tuang Minyak — Awak Isi, Kami Bayar” is being held at Gas Malaysia’s selected petrol stations throughout Peninsular Malaysia namely Ayer Keroh (Melaka), Pasir Gudang (Johor), Gebeng (Pahang), Manjung (Perak) and Senawang (Negri Sembilan).

It will soon be extended to Kuala Lumpur (KL), Putrajaya, Shah Alam and Perai respectively.


Investment nod for Shell’s Timi gas project off Malaysia

September 20, 2021

Dateline 2021-08-30, Energy Voice:

Shell and its partners, Petronas Carigali and Brunei Energy Exploration, have taken a final investment decision (FID) on the Timi sweet gas development offshore Malaysia that will help boost the country’s liquefied natural gas (LNG) exports. Significantly, Shell said the development marks its first offshore wellhead platform to be powered by solar and wind in Malaysia.

The Timi field is about 200 kms off the coast of Sarawak and its development is designed to pump up to 50,000 barrels of oil equivalent per day (boe/d) at peak production, Shell said today. Shell said it will evacuate its gas to the F23 production hub via an 80 km pipeline while supporting the future growth in the central Luconia area, off the coast of Sarawak.


Not impossible to achieve net zero emissions

September 19, 2021

Dateline 2021-08-18, NST:

Malaysia has an urgent role in fighting climate change as we hold a large amount of fossil fuel resources.

According to Malaysia’s third biennial update report (BUR3) to the United Nations Framework Convention on Climate Change, we are committed to reducing greenhouse gases emissions intensity per unit of gross domestic product (GDP) by 45 per cent from the level in 2005, unconditionally.


Destini bags oil and gas assets service contract

September 18, 2021

Interesting, the article we link to has military assets in its graphics.

Dateline 2021-08-18, The Edge:

Integrated engineering solutions provider Destini Bhd has secured a contract to provide tubular handling and conductor installation equipment and services from Repsol Oil and Gas Malaysia.

In a statement today, Destini said the two-year job that started on July 21, which comes with an option of a one-year extension, was secured via its wholly-owned subsidiary Destini Oil Services Sdn Bhd. The value of the contract, however, was not revealed.


Xodus to design Petronas’ first CCS facility

September 17, 2021

Doesn’t PETROS need to approve this?

Dateline 2021-08-17, The Chemical Engineer:

PETRONAS has awarded energy consultancy Xodus the conceptual engineering design contract for the state-energy firm’s first complete CCS project.

Xodus will conduct the feasibility studies and conceptual design for the CCS system for Kasawari, a sour gas field off the coast of Sarawak. The contract was won as part of Xodus’ contract with Petronas to provide engineering services for its Malaysian and international developments. Kasawari is scheduled to begin injecting captured CO2 in 2025, and has been billed by Malaysia’s state energy company as the world’s largest offshore CCS project. The field is estimated to have recoverable reserves of around 3 trn ft3 of gas.