Marketing Rounds – Umrah 2016/02 Pt 4

May 11, 2016

1 Comment | engineering | Tagged: | Permalink
Posted by Wata

Shout Out – Talk on “Enhanced Oil Recovery in Malaysia – Challenges”

May 10, 2016

My technical division will be hosting a talk on the 18th May, 2016. It is worth 2 CPD points, and held at Wisma IEM. The talk will be presented by Ir. Razak Yakob. Please come, or I’ll be beaten up in a dark alley.

In order to sustain the local production EOR is one of the major agenda in our Economic Transformation Program.  It is one of the 13 Entry Points Project that supports the Oil, Gas and Energy NKEA (National Key Economic Areas).  Even with the high recovery factor, EOR is still a very challenging program to be implemented in Malaysia due to the offshore environment, formation characteristics, high investment cost, and expertise availability.  This talk shall focus on sharing the knowledge of what EOR is and the challenges of implementing it in Malaysia.

Ir. Razak Yakob was the Well Delivery Manager for the Enhanced Oil Recovery Centre (EORC) in 2012/2013. He was also the Senior Drilling Engineer for a Risk Service Contract Project in 2014/2015.  Razak has been in the oil and gas industry for 19 years working for companies such as ExxonMobil, Halliburton, Talisman Energy, Petronas Carigali and EQ Petroleum/Uzma Engineering.

His core expertise is in Drilling Engineering with the working experiences spanning from development and exploration, technical support, training, competency development, finance and consultancy. As an independent consultant, he has worked in many parts of the world. He was a graduate of Colorado School of Mines in the United States with a degree majoring in Petroleum Engineering and a minor in Mechanical Design.

Register here, or download the form here.

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Posted by Wata

Saturday Star 2016-05-07– Job Opportunities

May 9, 2016

Happy FSA week. 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’m looking for jobs for 3Q2016. Send me your POs.
  • Nothing in the papers this week.

Support your local bookshop!  Bookalicious at The Summit Subang is a good choice. I think they focus on trilogies, quadrilogies, and other ologies. Tell them I sent you, and enjoy the look of perplexity on their faces. Those of you who have dropped my name, thanks!

Food choice of the week? Any weight loss diet.

Let’s get a bit nostalgic with the book selection.

Wetter, Louder, Stickier: A Baby Blues Collection (Baby Blues Scrapbook), BBXX: Baby Blues: Decades 1 & 2, Bedlam

Leave a Comment » | Malaysia, oil and gas | Permalink
Posted by Wata

Time for Sarawak to set up its own oil company

May 8, 2016

Can I be the first to submit my CV?

Dateline 2016-03-24, Malaysiakini:

The total revenue of 44 petroleum companies around the world in 2015 is worth US$5,674,351 trillion and company Syarikat Petroliam Nasional Bhd (Petronas) was ranked 19th with revenue of US$100.74 billion after Gazprom.

The federal government-owned companies had contributed RM881.3 billion in dividends, taxes, royalties and duties to the federal government and the state government from 1974 until the end of 2014. If we include the foregone revenue (in the form of gas subsidy) totaling RM230.6 billion after regulated gas prices came into effect on May 1997, Petronas total financial contribution to the Malaysian economy could reach RM1.11 trillion in 40 years.

This is equivalent to RM27.75 billion a year or RM2.3125 billion a month!

…

Leave a Comment » | Malaysia, Malaysian election, oil and gas | Permalink
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Petikan dari “Tuah Jebat di PETRONAS”

May 7, 2016

 

Lepas seketika, semua isteri-isteri menerima waktu-waktu kerja kami yang sangat panjang kerana kesukaran yang kami hadapi dipaparkan dalam media tempatan. Anda tahu, apabila kami berunding, akhbar-akhbar tempatan kita turut memberikan gambaran tentang pandangan syarikat-syarikat minyak multinasional bahawa kami ini terlalu nasionalistik, terlalu bersemangat dan sangat keras kepala. Syarikat-syarikat minyak utama mempunyai semua jentera perhubungan awam Kami, tidak ada.

Mohd. Idris Mansur.

Get the book here.

3 Comments | Young Turks | Permalink
Posted by Wata

Malaysia Flagged As Asia’s Oil, Gas Hub

May 7, 2016

Dateline 2016-03-24, E&P:

Malaysia continues to position itself as a regional hub for oil and gas in Asia as it looks to grow production by 5% annually  by 2020.

Most of the growth is expected to come from enhancing output from existing fields and from new marginal fields coming onstream, delegates at OTC Asia heard.

Deep water is also a key area of growth for the country with nearly $6 billion expected to be invested in such projects by 2020.

Shell’s Malikai tension-leg platform project (TLP) is the latest in a line of deepwater projects in Malaysia, following the Gumusut-Kakap project and Murphy’s Kikeh FPSO scheme.

Malikai is progressing well with the completed TLP having been skidded onto the White Marlin heavylift vessel this week ready for transportation to the field toward the end of April.

…

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Posted by Wata

Petronas weathers oil price rout with cost-cutting, deferral of big projects

May 6, 2016

Dateline 2016-03-23, AsiaOne:

THE realities of low oil prices have forced Malaysia’s oil-and-gas (O&G) industry to undertake extensive cost- cutting, in addition to deferring projects demanding large capital expenditure, although national oil company Petronas has braved the global headwinds to press on with two multibillion-dollar projects.

Prime Minister Najib Razak noted at the official opening of OTC Asia (Offshore Technology Conference Asia) 2016 in Kuala Lumpur on Tuesday that Petronas had been forced to employ measures to ride out the storm resulting from an acute and dramatic decline in oil prices over the last two years.

Petronas CEO Wan Zulkiflee Wan Ariffin (commonly known as Wan Zul) said the Malaysian O&G industry has collectively saved RM2.44 billion (S$817 million) by implementing cost-cutting – through which efforts by Petronas towards “internal cash management, cost efficiency and simplification” yielded RM1.4 billion in cost savings alone in 2015.

…

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Petronas set to complete $235m water project

May 5, 2016

One of those headlines that causes you to do a double take.

Dateline 2016-03-15, The Straits Times:

Malaysia’s national oil company Petronas is completing a RM700 million (S$235 million) water-supply project in two months’ time to secure sufficient water for a massive petroleum complex being built in Pengerang in south-east Johor.

The dam and reservoir project near Kota Tinggi town will also alleviate a “water crisis” for some 100,000 residents in the Kota Tinggi and Pengerang districts, as some 20 per cent of the water collected at the new Sungai Seluyut reservoir will be for public use, officials said yesterday.

The project’s imminent completion comes amid concern in Johor about its high water consumption due to rapid industrialisation and climate change that has lowered reservoir levels.

…

 

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Posted by Wata

Marketing Rounds – Umrah 2016/02 Pt 3

May 4, 2016

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Posted by Wata

5 INCREDIBLE FACTS ABOUT PETRONAS EVERY MALAYSIAN SHOULD KNOW

May 3, 2016

Have a read, and comment. Kudos for someone making a list.

Dateline 2016-03-14, Cilisos (yes):

For most of us, Petronas is just another Malaysian GLC – one that we see every day, and possibly  even give business to on a regular basis – same la… like Unifi, or Tenaga Nasional.

However, you don’t see your former PM geting booted off the board on those other companies.

In fact, Petronas has been in the news recently for cutting 1000 staff, and needing to borrow money! But aside from being Malaysia’s only oil and gas company, what makes Petronas so special, and so important to Malaysians? As we started exploring, we realised one thing – there’s ALOT we don’t know about Petronas, and we should. Why? Because it supplies around 30% of our GDP. Yep. One company pays for 30% (some even say 40%) of Malaysia.

If that blew your mind, wait till you see what else we found out…

…

1 Comment | Malaysia, Malaysian election | Tagged: | Permalink
Posted by Wata

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