OLYMPUS DIGITAL CAMERA
OLYMPUS DIGITAL CAMERA
OLYMPUS DIGITAL CAMERA
OLYMPUS DIGITAL CAMERA
Diving Tenggol 2018-07 Pt 5 of 4 (yes, I know)
October 31, 2018
Leave a Comment » | 
diving | Tagged: tenggol | 
Permalink
Posted by Wata
Oil and gas duo charged with receiving illegal proceeds
October 30, 2018Dateline 2018-08-06, FMT:
A former director of an oil exploration company and a former technical assistant with Petronas Carigali Sdn Bhd, were charged at the Sessions Court with receiving proceeds from unlawful activities, totalling more than RM1.7 million.
The duo were previously charged with making false claims.
Yong Mee Lan, 54, and Ahmad Asyraaf Kamarul Zaman, 29, who were charged separately, however, pleaded not guilty before judge Rozina Ayob.
…
Leave a Comment » | oil and gas | Tagged: Ahmad Asyraaf Kamarul Zaman, Yong Mee Lan | Permalink
Posted by Wata
Restore Sarawak’s rights to its oil
October 29, 2018Dateline 2018-08-06, FMT:
Economic Affairs Minister Mohamed Azmin Ali has told Parliament that Pakatan Harapan’s (PH) election promise of giving a 20% “royalty” to oil-producing states was based on “a loose definition of the word… The term cash payment is not used generally, but it is generally understood to mean a royalty”.
He said a special Cabinet committee had been formed to negotiate with the oil-producing states on how to increase the 15% payments to them, on top of the existing 5% of gross profit cash payment under the Petroleum Development Act (PDA).
…
Leave a Comment » | oil and gas | Tagged: Mohamed Azmin Ali, Sarawak | Permalink
Posted by Wata
Malaysia’s Petronas appoints industry veteran as chairman
October 28, 2018Dateline 2018-08-01, Today Online:
Malaysia has appointed Ahmad Nizam Salleh as the new chairman of state-owned oil company Petroliam Nasional Bhd (Petronas) effective immediately, the prime minister’s office said on Wednesday.
Ahmad Nizam has spent most of his 37-year career in the oil and gas industry at Petronas, the office said, and replaces Sidek Hassan.
…
Leave a Comment » | oil and gas | Tagged: Ahmad Nizam Salleh, Sidek Hassan | Permalink
Posted by Wata
‘Politics need not dominate oil royalty talks’
October 27, 2018And here’s me thinking, isn’t politics the point of the talks?
Dateline 2018-08-01, Borneo Post:
Chief Minister Datuk Patinggi Abang Johari Tun Openg says the issue of oil royalty needs to be discussed professionally between Petronas, representing the federal government, and Petros, which represents the Sarawak government.
He said politics must not be too dominant in the discussion, which was now ongoing between the two parties.
According to him, the discussion started following the Federal Court decision in June to dismiss Petronas’s proceeding to obtain court declaration to have exclusive ownership on oil and gas resources in the state.
…
Leave a Comment » | oil and gas | Tagged: Abang Johari Openg, PETROS, Sarawak | Permalink
Posted by Wata
‘5-plus-20’ formula for Sarawak
October 26, 2018Dateline 2018-07-31, Borneo Post:
The Pakatan Harapan (PH) federal government has altered its promise of 20 per cent oil and gas royalty to Sarawak, after the Sarawak government chose not to accept the condition set in their ‘New Deal Agreement’ prior to the 14th general election.
PH Sarawak chairman Chong Chieng Jen, who announced this to reporters outside Parliament in Kuala Lumpur yesterday, said while the oil and gas royalty will be retained at five per cent, the state will receive an additional 20 per cent in oil profits.
According to him, the promises of 20 per cent of oil and gas royalty to Sarawak and 50 per cent of tax revenue collected in Sarawak to be returned to the state come with an underlying condition, in that the Sarawak government must use the funds on education and healthcare development.
…
Leave a Comment » | oil and gas | Tagged: Chong Chieng Jen | Permalink
Posted by Wata
Petronas launches new vendor devt scheme with 18 partners
October 25, 2018Really?
Dateline 2018-07-31, The Star:
Petroliam Nasional Bhd has launched a new vendor development scheme to nurture local entrepreneurs to overcome high-entry barriers to the oil and gas industry and create a pool of vendors who can generate value.
The national oil company said on Tuesday the scheme, called VDPx, would be under the company’s existing vendor development programme (VDP). It will carried out together with major industry players in the country.
Petronas said this was was part of its initiative to boost the capabilities of local companies in Malaysia’s oil and gas (O&G) industry.
Under the VDPx, the six petroleum arrangement contractors (PACs) and 12 O&G service and equipment (OGSE) companies, will replicate Petronas’ VDP programme, to reach out to more local vendors and further amplify its benefits to the industry as well as the nation.
…
Leave a Comment » | oil and gas | Tagged: Petronas, VDP, VDPx | Permalink
Posted by Wata
Diving Tenggol 2018-07 Pt 4 of 4
October 24, 2018
OLYMPUS DIGITAL CAMERA
OLYMPUS DIGITAL CAMERA
OLYMPUS DIGITAL CAMERA
Leave a Comment » | diving | Tagged: tenggol | Permalink
Posted by Wata
No decision yet on Trans-Sabah Gas Pipeline project, says minister
October 23, 2018Can I have these T&C with my contracts? Pay first, finish work when MACC comes a-knockin.
Dateline 2018-07-28, Malay Mail:
No further decision has been made regarding the operation of the Trans-Sabah Gas Pipeline (TSGP) project after the suspension notice was issued on July 3, said Energy, Technology, Science, Climate Change and Environment Minister Yeo Bee Yin.
The ministry was still discussing what happened to RM3.5 billion paid for the TSGP project when the actual work had not been completed, she said.
…
Leave a Comment » | oil and gas | Tagged: TSGP, Yeo Bee Yin | Permalink
Posted by Wata
Shout Out – KLESF Oil & Gas Competition
October 21, 2018To keep interest in engineering alive for the next generation (and for some great social media videos), please send your school brood to the KLESF, and participate in the IEM event.
Leave a Comment » | oil and gas | Tagged: KLESF, Mines | Permalink
Posted by Wata
Wata - Malaysian Oil and Gas Engineer 