July 19, 2018
Dateline 2018-06-07, Malay Mail:
Putrajaya has agreed to pay royalties to all oil-producing states, Terengganu MB Ahmad Samsuri Mokhtar said today.
He said the assurance was given by Prime Minister Tun Dr Mahathir Mohamad during the first National Finance Council meeting under the Pakatan Harapan (PH) government here earlier that was also attended by Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail and the mentris besar of Kelantan, Perak, and Johor as well as the secretaries-general of ministries.
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investment, Malaysia, oil and gas | Tagged: Ahmad Samsuri Mokhtar, Mahathir | 
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Posted by Wata
July 17, 2018
Dateline 2018-06-13, Borneo Post:
Sapura Energy Bhd (Sapura Energy) and partners Sarawak Shell Bhd (Sarawak Shell) and Petronas Carigali Sdn Bhd’s (Petronas Carigali) ninth gas discovery offshore Sarawak is expected by analysts to further enhance the viability of the SK408 project cluster by leveraging on the common infrastructure, pipelines and facilities .
In a filing on Bursa Malaysia, Sapura Energy through wholly-owned subsidiary, Sapura Exploration and Production (Sarawak) Inc (Sapura E&P) and the group’s partners Sarawak Shell and Petronas Carigal announced its ninth gas discovery offshore Sarawak, following the completion of its 2017 drilling campaign within the SK408 Production Sharing Contract (PSC).
Sapura Energy announced that the Pepulut-1 exploration well located offshore Bintulu, Sarawak in Block SK408 was drilled and encountered high quality reservoir.
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Leave a Comment » | Malaysia, oil and gas | Tagged: PCSB, Sapura Energy, Sarawak Shell, SK408 | Permalink
Posted by Wata
July 16, 2018
Aaand where are they selling the tickets for this tag team grudge match? And why is the reporter’s pic in the article, showing him wearing a bulletproof vest? ‘Battle royale’ with 3 participants? Fortnite, much?
Dateline 2018-06-13, FMT:
It was reported on June 5 that Petronas had gone to court to seek a declaration that under the Petroleum Development Act 1974 (PDA), the national oil company had exclusive rights over oil and gas resources in Malaysia.
Petronas’ move is in response to Sarawak’s announcement on March 7 that it had assumed full control of oil and gas resources within its territorial boundaries.
The legal test initiated by Petronas is shaping up to become a battle royale between a corporate body and a founding state of Malaysia.
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Posted by Wata
July 15, 2018
Dateline 2018-06-13, The Sun:
Gas Malaysia Bhd has announced a higher average effective natural gas tariff for the non-power sector in Peninsular Malaysia at RM32.69/MMBtu from July 1 to Dec 31, 2018, 17 sen or 0.5% higher than the RM32.52/MMBtu from Jan 1 to June 30, 2018.
It said in a filing with the stock exchange that the average natural gas base tariff is set at RM31.92/MMBtu for the second half of the year. However, under the gas cost pass through (GCPT) mechanism, a surcharge of 77 sen/MMBtu will apply to all tariff categories due to the higher actual gas costs against the reference gas costs in the base tariff.
The natural gas tariff revision was approved by the government via a letter from the Energy Commission dated June 12.
For Category A (Residential), the effective tariff rate, however, fell 0.5% to RM23.80/MMBtu from RM23.92/MMBtu. For the other categories, the effective tariff rate will range from RM30.50/MMBtu to RM33.32/MMBtu.
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Posted by Wata
July 14, 2018
Dateline 2018-06-06, NST:
Sarawak Pakatan Harapan has urged the state government to amend the Petroleum Development Act 1974 (PDA).
Its chairman Chong Chieng Jen said if this was not done, the ownership and control of oil and gas industry in Sarawak would remain with Petroliam Nasional Bhd (Petronas).
He said the Chief Minister Datuk Patinggi Abang Johari Abang Openg had refused to do so and insisted that PDA was irrelevant in Sarawak.
“He (Abang Johari) has been saying the PDA is irrelevant and claimed that the state has the full regulatory authority over the upstream and downstream aspects of the oil and gas industry, with the establishment of the Petroleum Sarawak Berhad (Petros).
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Leave a Comment » | Malaysia, Malaysian election, oil and gas | Tagged: Abang Johari Openg, Chong Chieng Jen, PDA, PETROS | Permalink
Posted by Wata
July 13, 2018
You mean, has Sarawak been hoodwinked by a fly by night, quick fingered, sleight of hand working man?
Dateline 2018-06-06, Borneo Post:
HAS the PH government broken its promises to the people of Sarawak and Sabah vis-à-vis its Pakatan Harapan Book (Buku Harapan), outlining the four-party coalition’s election manifesto?
As events unfolded with the first bombshell dropped on Sarawak on Monday by Petronas in a suit, seeking legal redress to its oil and gas rights in the state, let us take a look specifically on petroleum rights.
First, let it be known that Petroleum Development Act 1974 (PDA 1974) empowers the Prime Minister to make regulations for the purpose of putting into effect the provisions of PDA 1974 in the conduct or the carrying on of any business or services relating to the explorations, exploitations, winning or obtaining of petroleum.
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Leave a Comment » | engineering | Tagged: PDA, Sabah, Sarawak | Permalink
Posted by Wata
July 12, 2018
Oo, does that mean we will have ‘Malay’ and ‘Sia Republic’?
Dateline 2018-06-06, FMT:
Parti Solidariti Tanah Airku (STAR) president Jeffrey Kitingan today warned that any court ruling favouring Petronas in the matter of petroleum resources ownership could signal “the end” of Malaysia.
“If the federal government insists on this, we will go back to the basis of the formation of Malaysia.
“What do they want to do? Break up Malaysia? This is a big case, and I am surprised the state government is not saying anything about it,” he told reporters after attending the annual Double Six memorial day here.
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Leave a Comment » | Malaysia, Malaysian election, oil and gas | Tagged: Jeffrey Kitingan, star | Permalink
Posted by Wata
July 11, 2018
Dateline 2018-06-05, Straits Times:
Malaysia’s Finance Ministry has discovered dubious payments made in two pipeline projects, with nearly 90 per cent of the contracts worth RM9.4 billion (S$3.2 billion) being paid out but only 13 per cent of the work being completed.
The projects – one multi-product petroleum pipeline running from Melaka and Negeri Sembilan to Kedah, and a gas pipeline from Kimanis to Sandakan and Tawau, all in Sabah – were handled by Suria Strategic Energy Resources (SSER), a wholly owned subsidiary of the Ministry of Finance.
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Leave a Comment » | investment, oil and gas | Tagged: Suria Strategic Energy Resources | Permalink
Posted by Wata
July 10, 2018
Dateline 2018-06-05, FMT:
A Sarawak minister has welcomed Petronas’ move to let the Federal Court settle the issue of ownership of petroleum resources in the country.
“It’s good that Petronas is finally taking the matter to court for clarification so that Sarawak and Malaya can revisit what they negotiated and agreed to when they formed Malaysia,” said Abdul Karim Rahman Hamzah, the state minister for tourism, arts, culture, youth and sports.
“As far as Sarawak is concerned, resources within the state’s territory, which includes its continental shelf, belong to the state and require the state’s permission to extract.”
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Leave a Comment » | Malaysia, Malaysian election | Tagged: Abdul Karim Rahman Hamzah, Petronas, Sarawak | Permalink
Posted by Wata
July 9, 2018
Dateline 2018-06-04, Straits Times:
Malaysia’s national oil company Petroliam Nasional (Petronas) has gone to court for a declaration that it is the exclusive owner of the petroleum resources in the country, including in Sarawak state.
Petronas said on Monday (June 4) it had filed an application before the Federal Court seeking the declaration under the Petroleum Development Act 1974 (PDA), which governs the petroleum industry in Malaysia.
The application also seeks a declaration that Petronas is the regulator for the upstream oil industry throughout Malaysia, including in Sarawak.
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Leave a Comment » | Malaysia, oil and gas | Tagged: PDA, Petronas, Sarawak | Permalink
Posted by Wata
Wata - Malaysian Oil and Gas Engineer 