1MDB predecessor tried to use T’ganu’s oil and gas

June 13, 2015

Really? I did not know that TIA morphed to 1MDB.

Dateline 2015-05-12, Malaysiakini:

Terengganu Investment Authority (TIA) – the predecessor of 1Malaysia Development Bhd (1MDB) – tried to use Terengganu’s oil and gas assets as collateral, way back in 2008, former Terengganu menteri besar Ahmad Said revealed yesterday.

TIA was renamed as 1MDB in 2009 after it was taken over by Putrajaya.

Speaking in the Terengganu state assembly yesterday, Ahmad said the state government, however, pulled out of the deal due to a numerous problems.

“This was one of the reasons the Prime Minister (Najib Abdul Razak) was angry with me, including other problems which ended with (the state government) pulling out,” Ahmad (right) is quoted as saying by Malay daily Sinar Harian.


Petronas Gas’ pre-tax profit and revenue up in Q1

June 12, 2015

Dateline 2015-05-12, TMI:

Petronas Gas Bhd’s pre-tax profit rose to RM571.29 million for the first quarter ended March 31, 2015 from RM543.21 million recorded in the same period last year.

Revenue increased to RM1.1 billion from RM1.05 billion.

In a filing to Bursa Malaysia, Petronas Gas attributed the better performance to higher gas transportation and gas processing revenues, which recorded an improvement of RM26.1 million and RM21.5 million, respectively.

 


ExxonMobil Starts Gas Production at Telok B Platform Off Penisular Malaysia

June 11, 2015

Dateline 2015-05-12, Rigzone:

ExxonMobil Exploration and Production Malaysia Inc., a subsidiary of Exxon Mobil Corporation, announced recently the startup of natural gas production from the second phase of the Telok gas development project, the Telok B platform located off the east coast of Peninsular Malaysia.

The Telok development consists of two satellite platforms – Telok A, which started up in 2013, and Telok B. Both platforms combined are capable of producing more than 450 million cubic feet per day (MMcf/d) of natural gas.

The Telok field was developed under a gas production sharing contract between ExxonMobil, as the operator, PETRONAS Carigali Sdn Bhd (PETRONAS Carigali), and PETRONAS to help meet demand for natural gas in Peninsular Malaysia. ExxonMobil and PETRONAS Carigali each hold a 50 percent interest in this project. Telok is one of several upstream investments announced under Malaysia’s Economic Transformation Programme in 2011, which saw ExxonMobil and PETRONAS Carigali invest more than $2.76 billion (MYR 10 billion) in new oil and gas assets to help ensure reliable and sustainable energy supplies for Malaysia.

 


IEM Shout Out – An Overview of Material Handling for Offshore Facilities

June 11, 2015

This is a shout out for the IEM. My Technical Division will hosting the above talk on the 13th June, presented by Ir. Danaraj Chandrasegaran.

Among the subjects that will be discussed are general material handling considerations, material handing needs such as handling provisions, installation requirements and regulatory compliance, recent development and engineering practices in the offshore facilities operation and the usage of engineering tools and others operational studies in design development activities.

Ir. Danaraj Chandrasegaran graduated from University Teknologi Malaysia in 2001 with Bachelor of Mechanical Engineering (Hons). Subsequently, pursued his Master Degree in University of Malaya. He has published in international journals and conferences in the past. His career has a diverse outlook on project execution ranging from building construction, marine, mining and energy industry; as a mechanical engineer. Currently is Section Head Material Handling & Human Factors Engineering at Technip Malaysia.

You can register for the above event here, and flyers may be obtained here.


Chem E Car 2015 – The Tension

June 10, 2015

ExxonMobil starts production from Telok B platform

June 9, 2015

Dateline 2015-05-07, The Star:

ExxonMobil Exploration and Production Malaysia Inc. (ExxonMobil), a subsidiary of Exxon Mobil Corporation plans to kick-start natural gas production from the second phase of Telok gas development project located off the east coast of Peninsular Malaysia.

In a press release on Thursday, the company said the project comprises of two satellite platforms namely Telok A and Telok B which together are able to produce more than 450mil cubic feet per day of natural gas.

”The Telok field was developed under a gas production sharing contract between ExxonMobil, as the operator, Petronas Carigali Sdn Bhd, and Petronas to help meet demand for natural gas in Peninsular Malaysia,” it said.

 


Saturday Star 2015-06-06– Job Opportunities

June 8, 2015

Happy Stay in Malaysia week. Buy my recommendations, or through my Amazon store. Or get the Young Turks series (all 4 books). Where are those corporate sponsors? Or throw donations at me.

  • I’m looking for jobs for 2H2015. Send me y0ur POs.
  • An associate of mine is looking for a well completion engineer, 10 years in the position (no, not position 23b, second variant). Send your CV to me. As per my Facebook posting, idiotic applications, straight to /dev/null.
  • An associate of mine is looking for a technical safety part-time adviser. Needs to be needle sharp with respect to QRAs, and HSE safety cases. A calm demeanor to handle nonsensical questions from young engineers helps as well. Either that, or a drinking problem.
  • An associate of mine is looking for an offshore structural engineer, senior engineer, 5+ years experience, permanent post. Relevant applications + bribery fee can be sent to me, not relevant applications get posted to facepalm.com.
  • An associate of mine is looking for a Senior process engineer, more than 5 yr experience in oil and gas industry, for assignment at PPMSB for approximately 7 months. Tentative duration is to start mid May, ends on 31 Dec. Again, I am running a bribery bid.
  • Nothing much in the news. What, with petrol going up by 10sen? I saw a Malay language paper advert for Rapid. What about us French speakers?

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? Go visit the mee bandung / asam pedas stall in front of the Petaling Jaya Police Station (don’t ask).

Seen the Episode VII new trailer? Ff you say “What is episode Vii?”, I disown you.

Join the Star Wars Fever:

Star Wars Trilogy Episodes IV-VI (Blu-ray + DVD), Star Wars Trilogy Episodes I-III (Blu-ray + DVD), Heir to the Jedi: Star Wars


IEM Shout Out – Technical Writing Workshop

June 8, 2015

This is a shout out for the IEM. My Technical Division will hosting the above seminar on the 11th June, presented by Ratnavathy Ragunathan and Ir. Danaraj Chandrasegaran.

This one-day workshop is designed to help you develop skills that will enable you to produce clear and effective technical documents. We will focus on the basic principles of good writing which technical writing shares with other forms of writing and on types of documents common in technical fields and organizations. While the emphasis will be on writing of technical information, oral communication will also form an important component of the course as well.

Ir. Danaraj Chandrasegaran graduated from University Teknologi Malaysia in 2001 with Bachelor of Mechanical Engineering (Hons). Subsequently, pursued his Master Degree in University of Malaya. He has published in international journals and conferences in the past. His career has a diverse outlook on project execution ranging from building construction, marine, mining and energy industry; as a mechanical engineer. Currently is Section Head Material Handling & Human Factors Engineering at Technip Malaysia.

Ratnavathy Ragunathan graduated with B. Sc. (Computer Sc.) from University Putra Malaysia in 2002 and subsequently obtained M. Ed. (TESL), University of Malaya in 2012. She worked for both the industry and academia focusing on English Language teaching for adults and professionals. Her specialties are on Business English and Communication Skills; also a Cambridge ESOL Certified Speaking Examiner.  She has developed curriculums, written articles and  presented papers on English Teaching  with an global outlook . Currently, she is engaged with one of the leading English Language Centre in Kuala Lumpur.

You can register for the above event here, and flyers may be obtained here.


Malaysia’s Johor govt investment arm looking to expand in oil & gas

June 7, 2015

I did not know EA Technique was a subsidiry of Johor Corp.

Dateline 2015-05-05, Seatrade Maritime:

Johor state-owned investment arm Johor Corp (JCorp) is looking to expand its participation in the oil and gas (O&G) sector through its subsidiary companies, especially EA Technique, local reports quoted Johor chief minister Mohamed Khaled Nordin as saying.
“E.A. Technique currently possesses 33 marine vessels including its latest offshore storage vessel namely the FOIS Nautica Tembikai.

“With the new vessel set to sail along with its six-year contact valued at $63m, the company is well on its way to expansion,” he said.

Khaled said the Johor state government was also looking at providing better infrastructure within the Iskandar region especially at Pasir Gudang, where domestic and international trading activities thrive.


New hotel and commercial area in Pengerang

June 6, 2015

Now, will this go the way of Vung Tau, or will this have a sleazy bordertown feel? Look at Kerteh for inspiration.

Dateline 2015-04-29, New Straits Times:

A hotel and commercial area for entrepreneurs utilising compact containers as their structures will make their debut in Pengerang by the end of the year.

The joint venture between Perisind Samudra Sdn Bhd and PIJ Holdings Sdn Bhd is part of the upcoming Pengerang Oil and Gas City project.

Among other things, it will comprise 400 units of the Lakeview Terrace hotel, which offers premium accommodation for the growing work force in Pengerang.

Perisind Samudra chief executive officer  Mohd Shafiee Mohd Sanip said there was a big demand for accommodation from workers in multinational companies who were now involved in the development of the oil and gas hub in Pengerang.