IEM Shout Out – 2018-01 Talk on “Talk on Environmental Due Diligence”

January 19, 2018

Dont’ play play.

My technical division will be hosting a talk on the 27th January, 2018 . It is worth 2 CPD points, and held at Wisma IEM. The talk will be presented by Mr Chiew Teck Wee.

Environmental Due Diligence is a process of identifying environmental risks and liabilities in order to help business to make informed decisions about commercial real estate transactions, or merger and acquisition (M&A). What are the common key issues associated with the hidden “can of worms” that may have significant implications on liability and risk? Major non-compliance/ violations Operational constraints imposed by environmental approval conditions/ permit-to-operate/ licenses Contaminated soil and groundwater. Unaccounted high waste disposal cost Long term remediation/ clean-up. Professional EDD assessors will identify the recognized environmental conditions at the property and if necessary, will recommend further investigation or assessment to characterize or estimate the potential liability or risk. Without EDD, unknowingly the owner may be held liable by simply owning the property. From site clean-up to compliance obligations and even third party legal actions, the remediation costs can easily run into the millions for the liable party. As such, EDD is a useful tool for the Buyer as well as the Seller because it enables both parties to make informed decisions to proceed with the transaction with negotiated terms & conditions, or to cancel the deal.

A chemical engineer by training,  Mr Chiew Teck Wee has 20 years of experience in environmental consultancy and project management. Mr Chiew received his degree from University of Malaya and later completed MSc in Environmental Technology at Imperial College London. He is registered with the Department of Environment (DOE) as Environmental Impact Assessment (EIA) Consultant. He is also a certified Lead Environmental Auditor. Mr Chiew has worked on numerous EDD projects with business, corporate clients and legal firms. He regularly provides consultancy and training on environmental compliance/ risk assessments and sustainability. Geographically, he has carried out environmental projects and studies in the Southeast Asia region, Kingdom of Saudi Arabia, Qatar and Sudan. Mr Chiew is the Managing Director and Founder of Riverstone Environmental Sdn Bhd. http://www.riverstone-enviro.com

Register here, or download the form here.

Leave a Comment » | Chemical, engineering, Malaysia | Tagged: , , | Permalink
Posted by Wata

IEM Shout Out – 2018-01 Half Day Workshop on HAZOP and Sustainable Process Design for Undergraduates

January 19, 2018

This is underselling my presentation.

My technical division will be hosting a half day course on the 20th January, 2018. It is worth 4 CPD points, and held at Wisma IEM. The course will be presented by moi, Councilman Ir. Razmahwata Mohd Razalli.

The course is meant to provide undergraduates with both instruction and workshop sessions so that the participants:
•  Are familiar with the concept of ‘risk’and familiar with the theory behind HAZOP
•  Are familiar with the actual HAZOP workshop process. And Participate in a HAZOP exercise.

At the end of the session, the participants should:
•  Have experience in a HAZOP session.
•  Understand the outcomes from a HAZOP session

Ir. Razmahwata has 20 years of experience in the oil and gas industry, in both design and operations. He has HAZOP, HAZID and SIL workshop leadership experience on offshore facilities. He is currently the Lead Engineer of IGL Services Sdn Bhd.

Register here, or download the form here.

Leave a Comment » | Chemical, engineering, Malaysia | Tagged: , , , | Permalink
Posted by Wata

IEM Shout Out – 2018-01 Talk on “Oil & Gas Industry in Turbulent Times: Safe Place? Play Safe? Or Don’t Play Play?”

January 19, 2018

Dont’ play play.

My technical division will be hosting a talk on the 20th January, 2018 (yes, I am slow this year). It is worth 2 CPD points, and held at Wisma IEM. The talk will be presented by Ir. Lee Chang Quan.

In view of the hazards and risks associated with production, transportation, and handling of hydrocarbon, companies in the oil and gas industry have always given the pledge to have business top priority to the subject of safety. People may get injured or killed, and environment may be damaged. It is evident from the history that, if the hazards and risks are not managed properly, catastrophic disaster could happen, as in the case of Piper Alpha, Bhopal, or to the recent one at Macondo.

Managing safety has remained a top challenge though. In the time of market volatility, many oil and gas companies have taken serious measures to control cost so as to survive the turbulence. It is in this time of cost pressure that the pledge of maintaining health and safety as the top business priority will be tested.  This talk will look into the key safety management challenges faced in the oil and gas industry, and share on how these challenges could be managed, especially in times of turbulence.

Ir. Lee Chang Quan started his career as a mechanical engineer with a design engineering firm, and moved on to join a national oil company. His experience in the oil and gas industry include engineering, procurement, installation and construction activities in plant modification and rejuvenation projects. He has led a few feasibility studies, engineering management work and managing brownfield projects. Later, he moved on to undertake operational excellence and improvement roles at business level. He is now the Health, Safety and Environment Manager with one of PETRONAS subsidiaries, formulating HSE strategies and implementation plan. He is a trained internal auditor, involving in Tier 1, 2, 3 HSE Assurance Programs. He is an active trainer in HSE programs.

Register here, or download the form here.

Leave a Comment » | Chemical, engineering, Malaysia | Tagged: , , | Permalink
Posted by Wata

Shout Out – IEM Employment Survey

January 5, 2018

The following is an email extract from the IEM. As a Council Member, with the intent of getting a larger participation of O&G in the IEM (let’s get the numbers for a VP voting bloc!), could you fill up the survey accessed via this link https://www.surveymonkey.com/r/JFF6LHS, and forward to your subordinates, HOD and staff for their participation?

“From: Janet Lim

Date: 27/12/2017 19:39 (GMT+08:00)

Subject: IEM Employment Survey

Dear Sirs/Madam Kindly be informed that the Standing Committee on Welfare had sent out a questionnaire for the IEM Employment Survey via email blast. If you have not completed the survey, we would greatly appreciate if you could click on this link to complete the survey. Thank you for your assistance.

Best regards Janet Lim

on behalf of Ir. DR. TAN CHEE FAI

Chairman Sub Committee on IEM Employment Survey”

Leave a Comment » | engineering | Tagged: | Permalink
Posted by Wata

Malaysia’s Petronas Gas 3Q Net Profit Down 1.2% On Year At MYR417.43 Mln

January 4, 2018

Dateline 2017-11-10, Nikkei Asian Review:

Petronas Gas, the gas processing arm of Malaysia’s national oil and gas firm Petronas, said Friday its net profit for the third quarter fell 1.2% on year on higher depreciation and rise in utilities cost of sales.

Net profit for the three months ended Sep. 30 stood at 417.43 million ringgit ($99.57 million) compared to 422.71 million ringgit a year ago, the company said in an exchange filing. Quarterly revenue was almost flat at 1.16 billion ringgit.

Petronas Gas said its liquefied natural gas regasification terminal in the state of Johor, has commenced commercial operation this month and will contribute to its revenue stream. The terminal has a total capacity of 490 million standard cubic feet per day.

…

Leave a Comment » | engineering | Tagged: | Permalink
Posted by Wata

January 2, 2018

This would be part of lifelong learning. And exploit those loopholes while you can.

Dateline 2017-11-09, Malay Mail:

The Environmental Quality Act 1974 will be abolished and replaced with a new act, said Director-General of the Department of Environment (DOE) Datuk Dr Ahmad Kamarulnajuib Che Ibrahim.

A new act, he said had to be formulated in line with current changes as the present one had been in use for more than 40 years while problems relating to the environment were now more challenging.

“The problems relating to the environment is becoming more complex…there are many other issues which arise in our country from technological and economic developments. The present act is not sufficient to tackle current issues.

…

Leave a Comment » | engineering | Tagged: , | Permalink
Posted by Wata

Malaysia’s Hibiscus Petroleum Aims Up To 5000 Barrels/Day Output By FY20-Official

December 29, 2017

Dateline 2017-11-09, Nikkei Asian Review:

Malaysia’s Hibiscus Petroleum, an oil and gas exploration and production company, is aiming daily oil output up to 5,000 barrels from its Anasuria Cluster by the end of the fiscal year to Jun. 30, 2020, its managing director said Thursday.

“We hope to maintain at least 85% average facility uptime at Anasuria cluster,” Kenneth Gerard Pereira said at a news conference. This would help the company maintain cost of production at $15.4 per barrel at least through this financial year, he said.

“The current oil price is a sweet spot for us,” he said, and the company is comfortable under this operating environment as it estimates global Brent crude oil price to stay between $58 per barrel and $68 a barrel, Pereira added.

…

Leave a Comment » | engineering | Tagged: , , | Permalink
Posted by Wata

Oil & Gas Significant In Quest To Become High-Income Nation

December 24, 2017

High income, but probably not high value added services. Now, when 4D becomes linked to your paycheck, and a list of all plate numbers of vehicles involved in accidents are made available via a an app on Android, Blackberry, Windows Phone and Symbian…

Dateline 2017-11-09, Malaysian Digest:

The oil and gas (O&G) industry remains one of the significant contributors to Malaysia’s economy and revenue in the strive to become a high-income nation by 2020.

Despite facing numerous challenges and dwindling contribution to the government’s revenue, it is still an industry to be reckoned with, considering the sheer size of its workforce and multiplier effect to the economy.

In the medium term, the O&G industry remains a significant contributor to the economy and revenue as the economy progressively expands into other sectors, namely the services industry.

With crude oil prices averaging US$50 per barrel this year, they bolster government’s income and allocation to boost the economy and support programme towards meeting the goal of becoming a high-income nation under the National Transformation Programme.

…

 

Leave a Comment » | engineering | Permalink
Posted by Wata

IEM – Junior ChemECar 2017 Edition (Awards)

December 13, 2017

What is the expenditure of sweat and blood without the potential of reward? Congratulations, all!

 

 

Leave a Comment » | engineering, Malaysia | Tagged: , , | Permalink
Posted by Wata

IEM Shout Out – 2017-12 OGMTD 27st AGM

December 8, 2017
Venue: Wisma IEM, 01- Auditorium Tan Sri Prof. Chin Fung Kee, Third Floor
Date & Time: 16 Dec 2017 (11:01 AM – 1:00 PM)
CPD/PDP: 2
Closing Date Before: 13-Dec-2017
Notice is hereby given that the 27th Annual General Meeting of the Oil, Gas and Mining Technical Division, IEM will be held on 16 December 2017 (Saturday) at 11.00 am, at the Tan Sri Prof. Chin Fung Kee Auditorium, 3rd Floor, Wisma IEM, Petaling Jaya, Selangor.

AGENDA

1. Opening Address by the Chairman of Session 2016/2017.
2. Confirmation of Minutes of the 26th Annual General Meeting held on 17 December 2016.
3. Matters Arising.
4. To receive and adopt the Secretary’s Report for the Session 2016/2017.
5. To receive and adopt the Financial Statement for the year ending 30 November 2017.
6. Election of the New Office Bearers for the Session 2017/2018.
7. Address by the Chairman for Session 2017/2018.
8. Any Other Business.

Your presence will contribute to the success of this meeting.

Thank you.

Ir. Mohd Azwira Mohd Azmi
Chairman
Oil, Gas and Mining Technical Division

The flyer for the above event is available here. Flyers for other events may be obtained here. A map to Wisma IEM is presented here.

Leave a Comment » | engineering, Malaysia | Tagged: , , | Permalink
Posted by Wata

« Previous Entries
Next Entries »