CAFEO 36 (Singapore), Malaysian Delegation Opportunities

September 26, 2018

Since I’m the Asean Engineer Register (AER) Ambassador to Singapore this year, and have been roped into assisting enriching people’s coffers, I expect you to participate in CAFEO36, especially in having an exhibition space. We’ve worked hard so that the cost is within cost recovery limits, so register before 26th October! The PDF version is here.

Yes, I am a political appointee. What of it?

Yes, I am a political appointee. What of it?

Other documents you require:

MATRADE Export Acceleration Mission Announcement
Registration Form – MATRADE Trade Mission
Tentative programmes – EAM to singapore
MDG_GUIDELINES_2018_v9

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Sarawak amends oil ordinance to strengthen regulatory control

September 26, 2018

Dateline 2018-07-10, FMT:

The Sarawak state assembly passed the Oil Mining (Amendment) Bill 2018 today aimed at updating several provisions in the Oil Mining Ordinance (OMO).

It was also to bring the ordinance in line with current practices and operations in the oil and gas industry’s upstream sector.

In tabling it, Sarawak Deputy Chief Minister Awang Tengah Ali Hasan said with the amendment, the state would be able to strengthen regulatory control over the exploration of petroleum and mining activities in the state.

He said when the federal Parliament passed the Continental Shelf Act 1996 and Petroleum Mining Act 1966 to regulate the mining of petroleum in the continental shelf, these acts were not extended to Sarawak.

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Turf war over Sarawak oil & gas resources may stump new investments

September 25, 2018

Dateline 2018-07-08, The Sun Daily:

Industry players believe that the turf war of sorts between Petroliam Nasional Bhd (Petronas) and the Sarawak state government is likely to affect new investments into the state’s oil and gas sector more than existing players in the market.

A senior analyst who spoke to SunBiz on condition of anonymity said those who are already operating in the state might not see much of an impact at this juncture, but it is best for fresh entrants to take on a wait-and-see approach as the matter unfolds.

Kenanga Research in its note to investors last Thursday said it expects the ongoing tussle between Petronas and state-owned Petroleum Sarawak Bhd (Petros) to continue with anticipation of Petronas pursuing a court case, although this might delay the awards of Production Sharing Contracts (PSC) in the state.

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State oil firms’ new global O&G challenges

September 24, 2018

Dateline 2018-07-09, The Malaysian Reserve:

For over a decade from the early 1990s, Petroliam Nasional Bhd (Petronas) was the champion of national oil companies (NOCs) challenging the established order in the global petroleum industry.

Then, it was relatively unheard of for state oil firms to venture outside their national borders to prospect for oil and gas (O&G), strictly the domain of international oil companies (IOCs).

Established players like Exxon Mobil Corp, Royal Dutch Shell plc and BP plc became the giants that they are today by making the highly risky business of finding and extracting O&G resources from the ground their specialty.

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Bunga Pakma platform starts producing gas

September 23, 2018

Dateline 2018-07-09, NST:

Repsol Oil and Gas Malaysia Ltd is on track to meet the company’s target after starting to produce gas at one of six oil wells in the Bunga Pakma Joint Development Area.

Repsol Malaysia Business Unit director Jorge Milathianakis said the production at Bunga Pakma’s first oil well was the result of collaboration with partners Petronas and PetroVietnam.

He said the first gas production was not only implemented on schedule, but also at a lower cost than expected.

“The main contributing factor of the success of this project is due to the strong support from our two partners,” Milathianakis said, adding that most of the gas produced will be purchased by Vietnam and the balance used in Malaysia.

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Blaze at Kemaman oil refinery extinguished (NSTTV)

September 22, 2018

Dateline 2018-07-06, NST:

The massive blaze which engulfed three of the Kemaman Bitumen Company’s (KBC) giant crude oil tanks at the KBC industrial area in Telok Kalong here for the past three days, has been successfully extinguished last night.

Terengganu Fire and Rescue Department director Azlimin Mat Noor said the firefighters managed to extinguish the fire at 6.40pm using the direct dousing method.

“We have also conducted monitoring using drones. (In fact,) we did not spot anymore fire from above and had used ‘thermo x-ray’ to see whether or not there was fire,” he told reporters when met at the industrial area here last night.

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Malaysia fights to rein in blaze at Tipco oil storage facility

September 21, 2018

I thought the company involved was KBC?

Dateline 2018-07-06, Straits Times:

Fire and rescue officials are battling to contain a blaze at three oil storage tanks of the Tipco Asphalt refinery in Malaysia’s southern town of Kemaman, media said on Friday (July 6).

The fire, which began on Thursday, had spread to a third tank, the New Straits Times newspaper said on its website, adding that losses were expected to run into the millions of ringgit.

Authorities expect to douse the fire in the first two tanks by Friday afternoon, Malaysian media quoted Assistant Commissioner Azlimin Mat Noor, an official of the fire and rescue department in the state of Terengganu, as saying.

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Deliver 20% oil royalty first, Pakatan urged

September 20, 2018

Dateline 2108-07-05, FMT:

The federal government has been urged to deliver on an election campaign promise of granting a 20% oil royalty to Sabah and Sarawak, even as the national petroleum company, Petronas, insists that it has legal rights to oil and gas resources in the whole country.

Johan Ariffin, a former deputy director of Sabah Foundation, said the issue of the ownership would take time to resolve.

However, the Pakatan Harapan campaign promise of 20% oil royalty could be carried out “without much difficulty and should be done first” before the dispute over ownership was resolved, he said.

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Sarawak to give its oil law more bite

September 19, 2018

Dateline 2018-07-04, Malay Mail:

he Sarawak Oil Mining Ordinance 1958 (SOMO) seeks to bar any company or person from building, erecting and decommissioning any mining structure within Sarawak’s territorial boundary, unless authorised in writing by the State Minerals Mining Authority.

A maximum penalty of RM250,000 or an imprisonment of three years or both upon conviction await any person or company who fails to comply with the provision.

This is one of the provisions to be included in the Sarawak Oil Mining Ordinance 1958, which will be tabled for amendments at next week’s sitting of the Sarawak State Assembly.

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Petronas’ statement arrogant, insensitive, says Abdul Karim

September 18, 2018

Dateline 2018-07-04, Borneo Post:

The recent press statement from Petroliam Nasional Berhad (Petronas) is described as a strongly-worded statement that is both arrogant and insensitive.

In the statement, Petronas maintains its claim over Sarawak’s oil and gas resources; that it has exclusive ownership of the petroleum resources in Malaysia, and that it is the sole regulator of the upstream sector in the country.

Minister of Tourism, Arts, Culture, Youths and Sports Datuk Abdul Karim Rahman Hamzah said the statement did not bode well with Sarawak and its people, and wondered if this was a new form of colonisation.

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