Gas Malaysia commences its virtual pipeline business

June 3, 2017

Next, Gas Malaysia will accept payment in bitcoins.

Dateline 2017-04-21, The Edge:

Gas Malaysia Bhd through its subsidiary Gas Malaysia IEV Sdn Bhd (GMIEV) has formally commenced its virtual pipeline business following the officiation of its compressed natural gas mother station in Gebeng, Pahang.

GMIEV is a joint venture company incorporated in 2014 between Gas Malaysia — a member of MMC Corp Bhd — and IEV Energy Sdn Bhd. It was created to supply compressed natural gas to customers that are currently not served by Gas Malaysia’s natural gas distribution system network.

In a statement today, Gas Malaysia chairman Datuk Hasni Harun said the company has started to gradually create new demand for natural gas, opening up new avenues of business opportunity.

 “At present, we have commenced supply to our first customer in Pekan, Pahang,” he said.


Shout Out – MOGEC Golf Championship 2016/10

September 29, 2016

TL;DR – Join or sponsor, 29th October, 2016 (Saturday) please. I will be there-ish.

Hello and Good morning MOGEC members and friends ,

We are pleased to invite you to MOGEC GOLF CHAMPIONSHIP 2016 at Mahkota Golf & Country Club, Kuantan.

It’s the time of the year again where all our members & friends take some time off and this time let’s head to Kuantan for some Par-Tee!

Attached are our golf flyer, registration form, sponsorship proposal & form for your review.

MOGEC appreciates your sponsorship and willingness to support this event.

Should you need further information and clarification, please do not hesitate to contact Hidayah / Khasmah at MOGEC for more details and sponsorship forms:

Sponsorship – How it Benefits You

Sponsorship Form

Registration Form

 

MOGEC Golf 2016-10-29


Shout Out – MOGEC Golf Championship 2016/10

August 30, 2016

TL;DR – Join or sponsor, 29th October, 2016 (Saturday) please. I will be there-ish.

Hello and Good morning MOGEC members and friends ,

We are pleased to invite you to MOGEC GOLF CHAMPIONSHIP 2016 at Mahkota Golf & Country Club, Kuantan.

It’s the time of the year again where all our members & friends take some time off and this time let’s head to Kuantan for some Par-Tee!

Attached are our golf flyer, registration form, sponsorship proposal & form for your review.

MOGEC appreciates your sponsorship and willingness to support this event.

Should you need further information and clarification, please do not hesitate to contact Hidayah / Khasmah at MOGEC for more details and sponsorship forms:

Sponsorship – How it Benefits You

Sponsorship Form

Registration Form

 

MOGEC Golf 2016-10-29


Shout Out – MOGEC Golf Championship 2016/10

August 22, 2016

TL;DR – Join or sponsor, 29th October, 2016 (Saturday) please. I will be there-ish.

Hello and Good morning MOGEC members and friends ,

We are pleased to invite you to MOGEC GOLF CHAMPIONSHIP 2016 at Mahkota Golf & Country Club, Kuantan.

It’s the time of the year again where all our members & friends take some time off and this time let’s head to Kuantan for some Par-Tee!

Attached are our golf flyer, registration form, sponsorship proposal & form for your review.

MOGEC appreciates your sponsorship and willingness to support this event.

Should you need further information and clarification, please do not hesitate to contact Hidayah / Khasmah at MOGEC for more details and sponsorship forms:

Sponsorship – How it Benefits You

Sponsorship Form

Registration Form

 

MOGEC Golf 2016-10-29


Challenging year for oil and gas industries

June 3, 2016

I would have added a few more swear words in the title, but hey.

Dateline 2016-04-27, The Star:

HE year 2016 will be one marked with challenges for the oil and gas (O&G) industry, with slower progress in the upstream sector, according to the National Transformation Programme (NTP) annual report 2015.

The industry is no stranger to trying conditions, having gone through a similar cycle when oil prices went down below US$10 per barrel in 1998.

The difference this time around is that the industry and the players are better positioned to face uncertainties, having built competency and capacity over the years.

As an upside, the current situation creates a stronger impetus for O&G players to take measures that will inevitably strengthen their operations and help them create resilience against volatilities and unexpected industry developments.

 


Shell agrees to sell its shareholding in the Shell Refining Company in Malaysia to Malaysian Hengyuan International Limited (MHIL)

March 27, 2016

And China continues to buy their way into Malaysia.

Dateline 2016-02-01, Oil & Gas News:

Shell has reached a conditional agreement with Malaysian Hengyuan International  Limited (MHIL) for the sale of its 51% shareholding in the Shell Refining Company (SRC) in Malaysia for $66.3 million. It is MHIL’s intention for SRC to invest in the upgrades needed to meet the Euro 4M and Euro 5 requirements. The transaction is expected to complete in 2016, subject to obtaining regulatory approval.

Shell Malaysia Trading will ensure security of supply to its retail and commercial customers in Malaysia and honour other existing commitments through an existing comprehensive supply strategy that includes a long term offtake from Shell Refining Company.

The sale is consistent with Shell’s strategy to concentrate its global Downstream footprint and businesses where it can be most competitive. Malaysia continues to be an important country for Shell.  Shell is the leading retail fuels and lubricants provider and continues to invest in growing these businesses in the country.

 


Lundin sells Malaysian infrastructure

March 17, 2016

M3nergy must be happy. FPSO operation team probably isn’t.

Dateline 2016-01-22, UPI:

Swedish energy company Lundin Petroleum said it was taking in cash after shedding infrastructure in Malaysia it said is not part of its core business strategy.

Lundin said it agreed to sell offshore floating production and storage vessel Bertram to M3Energy Investment Ltd., a state-controlled energy company in Malaysia, for $265 million.

“Owning infrastructure assets is not part of Lundin Petroleum’s core strategy and this transaction will allow us to redeploy this capital into other areas of our business to fund our value driven growth,” President and CEO Alex Schneiter said in a statement.