Shout Out – 2019-09 CAFEO37 Malaysia Pavillion

August 26, 2019

The title says it all. Send your booking NOW to the IEM.

IEM - Matrade Malaysia Pavilion in Jakarta-page-001


IEM MOGEC Shoutout – CAFEO37 Exhibition 2019-10-11, JIE, Jakarta

May 28, 2019

We have gotten a deal where you can pay less than the going rate, and admittedly get less floor space, but it’s good for us small fry. Contact aer@iem.org.my. Say I said hi, and set aside my vig.


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.


Sabah’s gas, oil boost the GDP

September 18, 2019

Dateline 2019-08-15, Daily Express:

Production from natural gas fields mostly off East Malaysia and the East Coast of West Malaysia is boosting the country’s GDP into the second quarter of 2019.
Stronger mining output came mainly from higher natural gas production which rose 13pc year-on-year in June, 2019, being the end point of the first quarter of 2019 (+7.6pc year-on-year in May).
This compensated for the poor output in crude oil which dropped -3.7pc year-on-year in June, (-2pc year-on-year in May).
Natural gas output has been in the positive since March while mining crude oil production has been in the negative growth trajectory since January 2019.


Widodo moots JVs of state oil firms with Malaysia

September 17, 2019

Dateline 2019-08-09, Menafn:

The state oil companies of Malaysia and Indonesia could co-operate or even merge to expand their businesses together, Indonesian President Joko Widodo said yesterday during a state visit to Kuala Lumpur.
Asked during an interview if he had considered the prospects of co-operation between Petroliam Nasional Bhd (Petronas) and Pertamina, Widodo said: ‘(It) can be. Petronas and Pertamina could collaborate or be merged as one to become a large enterprise with more capacity, capital and equity.


Minister says updating data on petrol subsidy for eligible Malaysians

September 16, 2019

Dateline 2019-08-09, Malay Mail:

The Ministry of Domestic Trade and Consumer Affairs is updating data on recipients of the petrol subsidy programme from the lower-income group (B40) to ensure that only those who are eligible receive such assistance.

The Minister, Datuk Seri Saifuddin Nasution Ismail, said a good data is when no recipients who are eligible are left out.

“We need to be clear who the target recipients are and the criteria required to qualify for the aid. All these must be developed and the target recipients must be identified,” he told reporters at a credential-presentation ceremony for Sabah and Labuan Parliamentary Consumerism Coordinators here, yesterday.

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New alliance to expand floating PV in Southeast Asia

September 15, 2019

Yeah, baby.

Dateline 2019-08-08, PV Magazine:

Pestech International Bhd, a power system engineering and technical solutions provider, has signed a memorandum of understanding with Chinese inverter manufacturer Sungrow to jointly develop floating PV solutions, according to a filing with the Malaysian stock exchange.

“The parties intend to explore the possibility of complementing each other’s core competencies, technical capabilities and references to cooperate jointly on exploring floating solar system solution, localization of parts and other possible co-operations in Southeast Asia,” the filing reads.

They also plan to use their respective networks to develop floating PV plants, Pestech added. “If the parties agree to jointly bid for a project, the parties shall further discuss to agree on the type of co-operation,” it said.


IPC updates infill well campaign offshore Malaysia

September 14, 2019

Dateline 2019-08-06, Offshore:

International Petroleum Corp. has issued a progress report on the current third phase of infill drilling on the Bertam field offshore Peninsular Malaysia, which started in June.

So far two infill landing pilots have been completed with results in the A-15 area above expectations, but worse than anticipated in the A-14 area.

 


Growing opportunities for O&G companies in new energy space

September 13, 2019

Dateline 2019-08-02, Malaysian Reserve:

THE worldwide push towards a sustainable and greener future is creating new growth opportunities for Malaysian oil and gas (O&G) companies looking to tap into new and diversified income streams.

Malaysia’s pledge to reduce its carbon emissions and increase its renewable energy (RE) mix in the not-too-distant future is carving out new economic opportunities for local players.

The O&G sector is among industries showing tentative, but nascent signs of growth in the new energy space as a means to tap into new markets, while diversifying its revenue base.

 


First oil flows from St Joseph infill campaign offshore Sabah

September 12, 2019

Dateline 2019-07-24, Offshore:

Hibiscus Petroleum has drilled and completed SJ‐105A, the first of three wells for the St Joseph infill drilling project in the North Sabah enhanced oil recovery PSC offshore Malaysia.

The SJ‐105A wellbore was drilled as a horizontal well comprising around 2,400 ft (731 m) of horizontal section which encountered 1,000 ft (305 m) of oil in the targeted reservoirs.