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.

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


Malaysia lauded for careful nuke approach

December 15, 2017

I would keep an eye out for Datuk Seri Nancy, as nuclear will be the way to go once the O&G industry dies down, and Semenanjung will complain that Sarawak has too much influence in the energy industry. This is assuming that the flux capacitor isn’t invented in Balakong by then.

Dateline 2017-11-02, Inquirer.Net:

Speaking at the International Ministerial Conference on Nuclear Power here yesterday, Minister in the Prime Minister’s Department Datuk Seri Nancy Shukri said the International Atomic Energy Agency (IAEA) as well as the Nuclear Energy Agency of the Organization for Economic Cooperation and Development have singled out Malaysia as a role model for the level of care it displayed.

“Malaysia’s comprehensive groundwork at this early stage and how we are carefully making our decision can be a model for newcomer countries to emulate.

 “IAEA likes how we are carefully making our decision,” said Nancy after delivering her keynote address at the two-day conference attended by 700 ministers and policy makers from 67 countries.

Survey: Oil and gas sector leads hiring, online employment up in September

December 14, 2017

Yea, baby. Though, one thing I look forward to is the gamification of classical O&G processes.

Dateline 2017-11-02, Malay Mail:

Online recruitment jumped seven per cent year-on-year in September this year led by the oil and gas sector which saw a 37 per cent increase in hiring, online hiring firm Monster’s survey showed.

Strong domestic demand, in line with the positive growth forecasted by the World Bank for this year, helped boost employment, the company said in a statement.

 “The steady shift from an established manufacturing base to digital technology is boosting Malaysia’s job market with new opportunities,” said Sanjay Modi, Managing Director, Monster.com ― APAC and Middle East.

IEM – Junior ChemECar 2017 Edition (Awards)

December 13, 2017

What is the expenditure of sweat and blood without the potential of reward? Congratulations, all!

 

 


Brighter prospects ahead for the oil and gas sector

December 12, 2017

I have been reliably informed that SOGEC is not related to MOGEC, or MOGSC. Lesson learnt: go register trademarks before someone beats you to the punch.

Dateline 2017-10-28, NST:

The government has done much to ensure people in the four oil and gas producing states in Malaysia are actively involved in the sector.

Sabah Oil and Gas Services Council vice chairman Datuk Albert Boyou said a review of the royalty would do no harm but there is more that can be tapped from the industry.

In Sabah Chief Minister Tan Sri Musa Aman has been instrumental in pushing for greater participation in the oil and gas sector through Petronas as well as provide opportunities for more people in the state, he said.

“Previously this was hardly the case and opportunities in the sector were hard to come by,” he said adding this was evident with the development of the many major projects that came since Musa took office in 2003.

Key developments in the state include Sabah Oil and Gas Industrial Park (SOGIP) which has attracted RM11 billion in investments, Sabah Oil and Gas Terminal (SOGT) in Kimanis as well as the 500km Sabah, Sarawak Gas Pipeline (SSGP) that links Bintulu, Sarawak.


Saturday Star 2017-12-09 – Job Opportunities

December 11, 2017

Happy stil on vacation 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 1Q2018. Send me your POs.

Food choice of the week? Support your local mee bandung.

Thinking about the zombie apocalypse, you need something to jumpstart access to those dodgy Internet sites:

The Knowledge: How to Rebuild Civilization in the Aftermath of a Cataclysm

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MPRC positive Malaysia to become OGSE hub

December 10, 2017

Dateline 2017-10-27, NST:

Despite tabling a fiscally prudent budget, the Government continues to prioritise and invest in critical capacity building initiatives for various industries.

With global oil and gas development activities expected to increase, following a couple of years of reduction spending, the export push set forth by the Government augurs well for the oil and gas services and equipment (OGSE) companies intending to capitalise on the pick-up in investment cycle.

With this, the Malaysia Petroleum Resources Corporation (MPRC) further said combined with a continuous push to attract OGSE multinational companies to establish Malaysia as their gateway to the region, the country is well on its way to becoming the number one hub in Asia Pacific for OGSE.

OGSE has a key role to play in the push towards becoming a high-income status nation.

 


Malaysia’s Yinson Holdings In Talks To Buy TH Heavy Engineering’s FPSO

December 9, 2017

Come on, Sabah International Petroleum. Where you at?

Dateline 2017-10-27, Nikkei Asian Review:

Malaysian oil and gas services company Yinson Holdings is in “exploratory talks” with TH Heavy Engineering to buy the company’s floating production storage and offloading unit, its chief executive said Friday.

The talks come as Yinson looks at opportunities to invest in “distressed” oil and gas companies, Lim Chern Yuan told Nikkei Markets. There could be other deals in the pipeline, he said.

The company “sits on about 600 million ringgit ($141.49 million) in cash” to back potential acquisitions, and will not “have a problem raising capital” should the need arise, Lim said.