From the Business Times – Malaysia, 4th Deepwater Oil & Gas hub?


I first found this article on the “Indonesian Stock Market” site, and the first thing that hit me was an attrotiuos font selection. How do you define a deepwater hub? How much engineering, procurement and fabrication has to be local talent before it stops being a “convenient place (for foreigners) to make a profit” and becomes “barangan buatan Malaysia”?

I’ve linked to the original article in the BT, dateline 2010-07-23:

MALAYSIA can become a key deep-water oil and gas (O&G) hub in the world, but this window of opportunity is not perpetual, says Deputy Prime Minister Tan Sri Muhyiddin Yassin.

The answer lies in its capacity and capability, he said, stressing that it is paramount for the country to leverage and build on existing O&G assets.

“If done right, Malaysia can become one of the world’s key deep-water O&G hubs after Houston, Rio de Janeiro and Aberdeen,” he said.

3 Responses to From the Business Times – Malaysia, 4th Deepwater Oil & Gas hub?

  1. Angtow says:

    Well, frankly speaking I don’t think Malaysia will.
    I would say Western Australia would have more opportunities and potential to become deepwater hub…
    Everybody knows that O&G activities are booming fast currently in Australia, predominantly WA.
    In fact, the number of expats flowing into WA are significant every year…

    That’s my observations.

  2. Jabbathehutt says:

    Hmmm, I guess AnnaLakshmi by the River will stop giving free lunches due to the sudden influx of cheapskate asian arriving in the truckload.

    How do we measure more expats? I guess a good gauge is the how many oil and gas consultants hanging out at Rigby’s on friday after work.

  3. Jabbathehutt says:

    The above places are in Perth, WA

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