Ever played the game traffic jam? It should be the official game of WP.
And you wonder why I don’t like visiting clients where parking space is limited. Good thing this particular client is moving to Tower 3 in January, 2013.
Much prefer underwater traffic jams.
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business opportunity, Malaysia, oil and gas | 
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Posted by Wata
I need to have a fleet of these vehicles.
I will have two types:
I didn’t get Orogenics to open their van, to see what was inside.
32 Comments | business opportunity, investment | Tagged: Orogenics | Permalink
Posted by Wata
Dateline 2012-12-28:
OSK Research Sdn Bhd is bullish on the oil and gas sector outlook for next year in anticipation of more contracts being rolled out.
The contracts include RM8 billion-RM10 billion worth of hook-up commissioning in the Peninsular Malaysia cluster, marginal oilfields (MO) and the replacement of expiring brownfield contracts.
The research firm chose SapuraKencana Petroleum Bhd and Dialog Group Bhd as its top picks for the sector.
“We like these companies for their excellent track records and believe that in the event of a slowdown in contract awards, they would still have strong orderbooks.
“This reinforces our conviction on their respective earnings growth next year,” its said in a note today.
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Leave a Comment » | business opportunity, Malaysia, oil and gas | Tagged: OSK | Permalink
Posted by Wata
Dateline 2012-12-28:
Little known Malaysian NGV Sdn Bhd (MNGV) is partnering with Johor-based property and plantation company, Jeffa Holdings Sdn Bhd to build a regasification plant in Tanjung Langsat, Johor and 200 natural gas stations called ‘1GasStation’ with a total investment of RM6 billion.
MNGV is the holder of a license to import Liquefied Natural Gas (LNG), process and distribute the natural gas for vehicles and compressed natural gas for local consumption. It was incorporated in 2005.
Its president and CEO Rahmat Ahmad said Jeffa Holdings will facilitate the funds for this mega green infrastructure distribution channel theme ‘1Gas Clean Energy For All’ and the main contractor for the plant.
…
Leave a Comment » | business opportunity, Malaysia, oil and gas | Tagged: Jeffa, ngv, tanjung langsat | Permalink
Posted by Wata
Let’s call this reality converging with optimism.
Dateline 2012-11-26:
Commercial startup of the Melaka LNG terminal — Malaysia’s first LNG import facility — has been pushed back for the second time to the April-June quarter of 2013, according to a statement from Petronas Gas, a subsidiary of state-run Petronas.
There will be no material effect on Petronas Gas’ earnings and net assets for the financial year ending December 31, 2012, arising from the later commencement of operations at the LNG regasification terminal, Petronas Gas said Friday in a statement to Bursa Malaysia.
Petronas Gas did not give a reason for the delay and Petronas officials were not available for comment Tuesday.
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Leave a Comment » | business opportunity, Malaysia, oil and gas | Tagged: LNG, Melaka, regasification | Permalink
Posted by Wata
Dateline 2012-11-10:
National Gas Company (NGC) has completed acquisition of Shell’s LPG assets in West Malaysia through an indirect subsidiary of the company.
NGC Energy has received all necessary licenses and regulatory approvals to operate the business from the relevant authorities in Malaysia and has commenced commercial operations under its own name with effect from November 8,2012.
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Leave a Comment » | business opportunity, Malaysia | Tagged: NGC, Shell | Permalink
Posted by Wata
If you want free entry into the Premium lounge at Cengkareng, you better have these credit cards:
Leave a Comment » | business opportunity | Tagged: Bandara, Cengkareng, Indonesia, Jakarta | Permalink
Posted by Wata
Dateline 2012-09-14:
THE Asia Petroleum Hub (APH) fiasco is proving to be a huge problem for the government where foreign ownership of local assets is concerned.
Ports, telecommunications spectrum, airlines and, in some cases, banks are considered critical assets in Malaysia as in other countries and should therefore be in the control of local companies.
A switch in ownership to foreigners, if not handled well, can have serious repercussions for the government. For a case in point, look at the infamous sale of telecommunications company Shin Corp to Singapore’s Temasek Holdings, which cost the then Thai prime minister Thaksin Shinawatra his job.
Be that as it may, Asia Petroleum Hub Sdn Bhd (APH) does not fall into the critical asset category. In 2005, the Ministry of Transport gave the company the rights to develop a petroleum hub and bunkering facilities on an island off the Port of Tanjung Pelepas (PTP). In return, APH was to get a 30-year lease to operate the facilities.
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Leave a Comment » | business opportunity, Malaysia, oil and gas | Tagged: APH | Permalink
Posted by Wata
Yes, we are branching out towards the automotive industry… in Tuas.
Leave a Comment » | business opportunity | Tagged: Tuas | Permalink
Posted by Wata
Dateline 2012-09-12:
WE hosted a luncheon for private company Gryphon, an aggressive accumulator of mobile offshore production unit (Mopu) rigs that is benefitting from thriving exploration and production (E&P) activities in the oil and gas (O&G) sector, to provide its outlook for the Malaysian rig market.
Gryphon expects especially brisk demand for the sparsely available Malaysian-flagged rigs driven by rising rig count in Malaysian waters, as Malaysia intensified its E&P activities to boost oil production, rising substitution effect as Malaysian-flagged rigs replace some foreign-flagged rigs (on charter expiry). Gryphon notes that the domestic charter rate for rigs has recently firmed up, and expects rates to inch up over time, which point to potentially rising margins for rig owners.
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1 Comment | business opportunity, Malaysia | Tagged: Gryphon, rig | Permalink
Posted by Wata
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Wata - Malaysian Oil and Gas Engineer 
