Petronas nears restart at Malaysia’s Pengerang refinery

December 19, 2020

You mean, it has not been operating since the March 2020 fire? How many heads have rolled? Wait, where’s my list of ‘get out of jail free’ C-level listing?

Dateline 2020-11-30, Argus Media:

Malaysia’s state-owned Petronas is on course to restart its 300,000 b/d Pengerang refinery joint venture with state-controlled Saudi Aramco in the first quarter of 2021, adding more capacity to a struggling Asia-Pacific refining market.

The Pengerang complex in southern Malaysia has been shut since a fire in March. Petronas said late last week that the project is transitioning to commercial operations and a restart of the refinery and petrochemical plants is planned for the first quarter of next year, in line with previous expectations.

The project’s atmospheric residue desulphurisation trains are also expected to be ready for start-up in the first quarter. Repairs are continuing on the diesel hydrotreater, which is targeted to come on line in October-December 2021. Aramco owns a 50pc stake in the project and will supply half of its crude, with the option to increase this to 70pc once the refinery is fully commissioned.

…

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

Human Writes: We are paying for electricity that we don’t use

December 16, 2020

Dateline 2020-11-22, The Star:

Psst, Malaysia, wanna save more than a billion ringgit a year? We surely need to save money what with the government’s debts and liabilities rising to record highs due in part to the Covid-19 pandemic.

Every year, folks, we lose at least RM1.2bil in energy industry deals, observers say. We have way too many power plants. Our capacity to generate power (which we pay for) is way more than the maximum power used (peak demand) – a difference known as the “reserve margin”. The 2021 margin is set to be 48%, says a report by an energy planning body in the Energy and Natural Resources Ministry (specifically, the Planning and Implementation Committee for Electricity Supply and Tariffs, known as JPPPET, its Malay acronym).

The RM1bil loss is calculated on the excess above retaining a 25% reserve margin. But many other countries keep much lower reserve margins, at 15%.

…

Leave a Comment » | engineering, Renewable Energy | Permalink
Posted by Wata

Deep Producer 1: Was there ever a plan to stay afloat?

November 24, 2020

Dateline 2020-11-02, FMT:

With the Deep Producer 1 languishing in Dubai pending a court auction for US$6.2 million in wharfage and related charges, questions are being asked as to the viability of its acquisition.

In March 2011, Ramunia Holdings Berhad (now TH Heavy Engineering Berhad or THHE), entered into a preliminary agreement to secure marketing rights to the vessel to allow it to bid for FPSO projects.

Ramunia went on to acquire the vessel for US$82.5 million, a 36.5% discount on its market value, substantially financed by bank borrowings.

The discount aside, Ramunia’s other justification for the acquisition was less clear. At the time, the company’s own disclosure sheet merely referred to “the prospects of time charter arrangement for any FPSO projects being secured”, but without specific details.

…

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

Unimas, Sarawak’s Utilities Ministry sign MoU on low pressure gas courses

November 5, 2020

Dateline 2020-10-05, Malay Mail:

Universiti Malaysia Sarawak (Unimas) today signed a memorandum of understanding (MoU) with Ministry of Utilities, Sarawak to develop modules and organise competency courses related to low pressure gas distribution in the state, this year.

In the ceremony at the university’s campus, here, Unimas was represented by deputy vice chancellor (Research and Innovation) Professor Wan Hashim Wan Ibrahim while the ministry was represented by its Permanent Secretary Datuk Alice Jawan Empaling.

Vice chancellor Professor Datuk Mohamad Kadim Suaidi in his speech, read by Wan Hashim, said the collaboration would ensure that the gas supply industry in Sarawak would be on par with the gas industry in the Peninsula and Sabah.

He said the university’s Engineering Faculty would develop several competency course modules on low pressure gas for the ministry’s Gas Distribution division in line with the state’s ordinance and regulations.

…

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

Shout Out – IECEx 2020-10

October 15, 2020

IEM invites you (yes, YOU!) to the IECEx National Virtual Conference 2020, 20th October (Tuesday) 8.30am to 5pm. Contact alex.looi@live.com.my, valli@iem.org.my or sitiaisyah@iem.org.my

IECEx BrochureDownload

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

Shout Out – MOGEC Golf Clinic

October 5, 2020

My organization will be having a Golf Clinic on 17th October 2020 (Saturday) at BOTH 8.00am & 2.30pm. Come along, and swing your club in front of other aspiring candidates! This will be at Pucak Alam Driving Range.

Help a brother out, we welcome corporate and individual sponsors. Let’s see, I need a recyclable big shopping bag, and a multitool…

mogec-golf-clinic-2020-flyerDownload

Leave a Comment » | engineering | Permalink
Posted by Wata

Anniversary – Piper Alpha Disaster

July 6, 2020

Oil & Gas Engineers never forget.

Leave a Comment » | engineering | Permalink
Posted by Wata

IEM E-Library : A Selection of Process Safety Books

January 8, 2020

If you sign up for online access to IEM (you should), you have access to useful books via the e-library. As an example, I present some books for the process safety enthusiast.

IEM ELibrary 2020-01-04.jpg

 

Leave a Comment » | engineering, oil and gas, Safety | Tagged: | Permalink
Posted by Wata

IEM Shout Out – APCChE 2019 1 of 2

October 30, 2019

The place looks sparce, but there were 1600+ participants, I promise you. We want to beat that number, for the APCChE 2021, to be held in Malaysia. Be there.

 

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

IEM Shout Out – CAFEO37 IEM Malaysian Pavillion 2 of 2

October 23, 2019

We look forward to you joining next year at Da Nang, Vietnam. This year, YB Tuan Baru Bian officiated the opening. We look forward to next year. Book your places now!

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

« Previous Entries
Next Entries »