July 13, 2009
Another week, another scan of the Saturday Star newspaper. Here’s a list of job ads in the paper:
- First off, Synergy is looking for 5 lead safety engineers and 3 lead process engineers. Visit the Synergy website for contact details. And safety specialists. Ah, heck. If you have more than 5 years experience in O&G, apply. If you have less than 5, send a donation to the offshore account, and still get abuse.
- If you want to “meet all challenges head on,” SBM is looking for a principal eng (FW, marine, elect, inst, telecomm), senior (static eqt), intools eng. Send email here.
- Isee UOP‘s got an office in Malaysia. Maybe I’ll get quicker responses from them.
- Turboservices is looking for a project test eng. Send email here.
- There’s an advert for a Singaporean company, Rotary. They want a assistant/project eng. Send email here.
- Deleum is looking for senior engineers and engineers-customer service. Send email here.
Sigh, since I have moved with Synergy out of KL, will you patronise Chee Meng in my memory? Or invite me to meetings around Bukit Bintang at lunchtime? Is he doing packet specials?
Maybe I should change loyalty to Pakeeza, which is a bit closer to the office.
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Anemone
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1 Comment |
business opportunity, engineering, Malaysia, oil and gas | Tagged: Chee Meng, Deleum, Honeywell, Pakeeza, Rotary, SBM, SOGE, Synergy, Turboservices, UOP |
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Posted by Wata
May 3, 2009
Dateline 2009-04-28 (story link here):
Oil and gas services provider Deleum Bhd has tendered for contracts worth RM300 million to RM400 million, group managing director Chandran Aloysius Rajadurai said today.
These comprised service and project contracts, he said, adding that a major chunk involved jobs in Malaysia.
Currently, Deleum has projects worth RM1 billion which will keep it busy up to 2016, he said after the company’s annual general meeting here.
Asked if the decline in crude oil prices from an all-time high of US$147 per barrel has impacted the industry, Chandran said: “Some major projects have been deferred, some are being reassessed and some have been stopped.”
I need to squeeze some work out of Deleum.
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business opportunity, Malaysia, oil and gas |
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Posted by Wata
April 15, 2009
There’s an old adage that says only 2 things are certain in life: death and taxes. The former you personally experience once, the latter every time money moves around.
For consultant companies like SOGE, we have had to register with the Customs Department so that we can collect service tax, which puts us in the same category as the delightful mamak shop across from our offices.
Service tax is applicable to all our work which will be applicable to an asset in Malaysia. Note that it doesn’t depend on who our client is, but where the ultimate user of our brain power resides. Since business is slow, our total cumulative service tax is about RM3.45 for this quarter.
Anyone know whether service taxes are applicable to assets located in the Thai-Malaysia Joint Development Area (JDA)? This would cover companies like CHOC, CPOC. I think service taxes don’t apply, but I may be wrong.
3 Comments |
business opportunity, Malaysia, oil and gas | Tagged: SOGE, Synergy, tax |
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Posted by Wata
April 8, 2009
Dateline 2009-04-07 (story link here):
KUALA LUMPUR: Perisai Petroleum Teknologi Bhd hopes to either build or acquire more strategic marine assets to assist in the offshore installation of small fields and deepwater developments, says managing director Nagendran Nadarajah.
He said the company planned to co-own the assets via partnerships and joint ventures, as financing was somewhat limited in the current economic slowdown.
“Now is the time to build more strategic assets in preparation for the next rebound in oil price.
Another opportunity for you wheeler dealers out there.
You can subscribe to an online version of the paper at the Bluehyppo site, follow links to e-browse.
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business opportunity, Malaysia, oil and gas | Tagged: Perisai Petroleum Teknologi |
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Posted by Wata
March 27, 2009
Dateline 2009-03-17 (story link here):
MALAYSIA’S consumption of natural gas declined about 5 per cent last month from a year earlier because of falling demand from power plants, a Petroliam Nasional Bhd official said.
The country burned 2 billion cubic feet a day last year, and the power industry accounts for two-thirds of the usage, Ezhar Jaafar, senior manager for gas business at the state oil and gas company, said at the Gas Asia conference in Kuala Lumpur today.
“The power sector is not taking as much because of the economic slowdown,” Ezhar said.
Malaysia’s slowing economy has curbed the consumption of electricity as offices and factories close down. Analysts at Citigroup Inc and Standard Chartered Plc expect Malaysia to join neighbouring Singapore in a recession this year, with Nomura Holdings Inc predicting a full-year contraction of as much as 4 per cent.Malaysia may have to consider importing gas or liquefied natural gas to meet domestic demand when economic growth picks up, Ezhar said.
Demand for LNG in Asia may drop 7 per cent to 10 per cent this year as countries including Japan and South Korea reduce cargo purchases, Ezhar said.
The cut in long-term contract volumes may force some producers to sell the cargoes at “cheap” prices, he said, without identifying any supplier.
The world’s three biggest LNG producers are Qatar, Malaysia and Indonesia.
LNG is natural gas that has been chilled to liquid form, reducing it to one-six-hundredth of its original volume, for transportation by ship to destinations not connected by pipeline. It’s turned back into gas for distribution to power plants and other buyers. – Bloomberg
You can subscribe to an online version of the paper at the Bluehyppo site, follow links to e-browse.
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business opportunity, Malaysia, oil and gas | Tagged: gas, LNG |
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Posted by Wata
March 20, 2009
Dateline 2009-03-18 (story link here):
SapuraCrest Petroleum Bhd has won a contract worth US$825 million (RM3 billion) for installation works at the Gumusut-Kakap field, about 200km offshore Sabah.
The field is located in 1,200m water depth.
The contract from Sabah Shell Petroleum Co Ltd will be executed over three years, beginning this year, SapuraCrest told Bursa Malaysia yesterday.
You can subscribe to an online version of the paper at the Bluehyppo site, follow links to e-browse.
On the same topic from the Oil & Gas Journal (dateline 2009-02-05):
Sabah Shell Petroleum Co. Ltd. Sdn. Bhd. awarded JP Kenny Wood Group a contract for subsea integration and follow-up engineering work for the Gumusut-Kakap deepwater development in 1,300 m of water, 120 km off Sabah, Malaysia, on Blocks J and K
And I thought that G-K would languish until the recession is over.
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business opportunity, Malaysia, oil and gas | Tagged: Gumusut Kakap, JP Kenny, SapuraCrest, Shell, The Star, Wood Group |
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Posted by Wata
March 19, 2009
Dateline 2009-03-17 (story link here):
BANDAR SERI BEGAWAN: Brunei has officially dropped its long-standing claim over Sarawak’s Limbang district after the two countries resolved various land and maritime territory disputes.
“Brunei has decided to drop the Limbang issue and as a result, Limbang is part of Malaysian territory,” Prime Minister Datuk Seri Abdullah Ahmad Badawi announced to Malaysian media.
And why this decision is of interest to me:
The other disputes include over where the maritime boundary between the two countries in the South China Sea should run, the rights to exploit potentially rich oil deposits in the disputed maritime territory, the right of movement by Malaysian vessels over Brunei waters and the demarcation of the common boundary of the two countries.
Expect Miri to become busier.
You can subscribe to an online version of the paper at the Bluehyppo site, follow links to e-browse.
2 Comments |
business opportunity, Malaysia, oil and gas | Tagged: Brunei, Limbang |
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Posted by Wata
March 17, 2009
I’m promoting the above event, which is being spearheaded by Dato’ Sri Syafiq, from Jurunature Sdn Bhd. The current plan for the event is:
- Date: April 24, 2009
- Venue : Bukit Jalil Golf and Country Club
- Golf: 2.30 pm for GOLF
- Dinner and Get Together: 7.30 for dinner and Get Together with non-golfers
What he requires is a response for:
- Participation in golf to enable coordination of the number of flights and golf course booking
- Participation in the dinner at 7.30 pm
So, those of us who have proudly participated in the above organisation, and proceed to spread its gospel to the rest of the Malaysian (and further) oil & gas industry, please respond by sending a comment to this article with your correct email address, and I’ll forward the details to Dato’.
Here’s hoping for your contribution in making this the beginning of renewing contacts, start of a community and the first of a series of events.
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business opportunity, Malaysia, oil and gas | Tagged: EMEPMI, EPMI, ExxonMobil, gathering |
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Posted by Wata
February 18, 2009
I was watching TV3 news today (2009-02-16), and there was mention of a new oil & gas hub in Pekan, Pahang. Here’s a link to the New Straits Times. It is called the Tanjong Agas Oil & Gas and Maritime Industrial Park. Investment to create the site was valued at RM2b, with a total investment of RM12b (not sure about this number).
I got confused because Tanjong Agas is also a well known place in Muar, Johor.
Second, Pekan is not what you call the center of the O&G universe. It’s closer to the southern Malaysian oil fields, and can potentially service the Indonesian offshore assets as well.
I wonder if politics had a lot of say in developing a state relatively friendly to the current administration.
If you can point me to who can give me jobs there, thank you.
12 Comments |
business opportunity, Malaysia, oil and gas | Tagged: Pekan |
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Posted by Wata