From Bernama – Oil And Gas Industry Biggest Contributor To Bintulu’s Success

November 10, 2011

Man, and I thought the timber tycoons were the greatest contributors. Just because they don’t hit the front page doesn’t mean their numbered bank accounts are depleted.

Dateline 2011-10-30:

Bintulu has chalked up the distinction of having the fastest growth rate in Sarawak due to its oil and gas activities.

According to the Bintulu Development Authority (BDA), the oil and gas industry is the biggest contributor to Bintulu’s success, with its gross domestic product (GDP) growth as proof.

“While the country recorded a GDP growth of four per cent from 1995-2000, Sarawak’s average was at five-six per cent and Bintulu topped the charts at a whopping seven per cent increase,” said BDA General Manager, Datuk Mohidin Ishak.

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Posted by Wata

From Bernama: Hibiscus To Acquire 35 Pct Stake In Lime Petroleum For US$55 Million

November 9, 2011

Dateline 2010-10-25:

Hibiscus Petroleum Bhd, Malaysia’s first listed special-purpose acquisition company (SPAC), will acquire a 35 per cent equity in Lime Petroleum Plc (Lime) for US$55 million.

Its managing director, Dr Kenneth Pereira, said with the acquisition, Hibiscus is likely to enter the growth phase in the next financial year ending March 2013.

Under the proposed acquisition, Hibiscus’ role is to execute the work programme and manage the budget as well as activities for the current and future concessions of Lime, he told a press conference here today.

Pereira said the proposed acquisition comprised a share subscription agreement and a share purchase agreement, involving a 27.2 per cent stake in Lime for US$50 million and 7.8 per cent stake in Lime from Rex Oil and Gas Ltd for US$5 million.

…

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IEM Shout Out – Talk on An Overview of Heat Exchangers: The Industry Experience

November 8, 2011

This is a shout out for the IEM. My Technical Division will be  hosting a seminar on the 11th November, 2011. It’ll start at 9:00am and is worth 2 CPD hours. You still gotta climb those steps at Wisma IEM.

This is held in conjunction with our AGM. Please turn up for that as well.

The subject of Thermodynamics taught in college always refers to Heat Exchanger as the equipment to exchange heat. However, not many engineers post-graduation have the opportunity to work directly with Heat Exchangers. These Heat Exchangers are widely used in the industries, especially in the Oil & Gas facilities. There are various types of heat exchangers which are selected based on specific intended process requirement.

The talk will provide an overview on the types of heat exchangers commonly used in the Oil & Gas industry based on the Codes & Standards used during the design such as the Shell & Tube Heat Exchangers, Air-Cooled Heat Exchangers, Double Pipe Heat Exchangers and the Plate Heat Exchangers. This will be followed by an example of the fabrication processes, the common welding processes such as GTAW, SMAW, SAW and the main forming processes such as plate rolling and tube bending.

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Ir. Alzakri Ekhwan is a Principal Engineer for Static-Unfired Equipment at PETRONAS Penapisan (Melaka) Sdn. Bhd. (PP(M)SB), an oil refinery that handles 270,000 bbl per day of crude oil.  He graduated from University of Bath, UK in Mechanical Engineering in 1993 and has more than 18 years of experience in the design, fabrication, maintenance, inspection and construction of Static Equipment in the Oil and Gas industry.

Register here or download the form here. A map to Wisma IEM is presented here.

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Posted by Wata

Saturday Star 2011-11-05 – Job Opportunities

November 7, 2011

Support me by purchasing my recommendations, or buying through my Amazon store. I need the money to pay for running this site. Corporate level sponsors are encouraged.

If you need my help to submit your CVs, donate to the blog, and I’ll review your CV to see if it is worthy of my (and my associates’) expectations. If you can’t figure out how to donate, no need to ask.

  • I’m looking for a senior process engineer, 7+ years experience. Send your cv here . Also looking for process safety persons, lead piping designer, lead instrument engineer, and other seniors you think will catch my eye.
  • Carigali Hess is looking for a Maintenance Engineer, Deck Foreman, QA/QC Engineer Projects. Email to job@carigalihess.com, indicating position applied for as subject of the email.
  • Talisman is looking for a Senior Technical Safety Engineer, HSE Engineer – Oil & Gas Support. Apply here, and visit their site.

May I suggest that readers install the Waze app on their phones? And use it as much as possible? It says its a “a social mobile application providing free turn-by-turn navigation based on the live conditions of the road. 100% powered by users, the more you drive, the better it gets. Join the community of drivers in your area today!” The more you use it, the better info I get in planning my journey round KL.

If you are fans of classic gaming, support those old time PC classics at Good Old Games. I wish they had a local setup here.

I see Maurice Stewart has some new books:
  

Gas Dehydration Field Manual, Gas Sweetening and Processing Field Manual, Gas-Liquid And Liquid-Liquid Separators

This week’s food recommendation is Padi restaurant in Taman Puchong Utama

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Posted by Wata

IEM Shout Out – Talk on Risk Sharing Contracts

November 6, 2011

This is a shout out for the IEM. My Technical Division will be  hosting a seminar on the 11th November, 2011. It’ll start at 12:00pm and is worth 2 CPD hours. You still gotta climb those steps at Wisma IEM.

This is held in conjunction with our AGM. Please turn up for that as well.

In a typical Risk-Sharing Contract (RSC), the responsibilities, roles and risks are allocated therein to the various parties and agent. RSCs maybe fashioned for projects that may be turnkey or Engineering, Procurement & Construction (EPC) in nature up to that of Project Delivery Partner (PDP).

That PDP typically endeavors to spell out i) Project Management Role ii) EPC Role; iii) Parties Risks and Rewards (with the proportionate Increase); and cover the following critical project parameters i) Development ii) Construction iii) Completion iv) Delivery v) Targets vi) Rewards; and vii) Losses. Other aspects typically treated under PDP i)Project Viability – “Strike Rate” ii)Site Possession iii) Ground Conditions – Employer/Contractor iv) Completion v) Delays vi)Performance Guarantees; and vii)Financing – Developer/Sponsor.

…

Khem N Thadani holds an LL.M (University of Melbourne, Australia) and LL.B( University of Canterbury, New Zealand), and also an Advocate and Solicitor of High Court of Malaya, Barrister and Solicitor of High Court of New Zealand and Supreme Courts, Federal and High Court of Australia.

Register here or download the form here. A map to Wisma IEM is presented here.

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

From Bernama: Sabah-Sarawak Gas Pipeline Akin To PLUS: Don

November 4, 2011

You mean there will be a toll charge, crowded during holidays, and will continuously have repairs that restrict throughput? Jee, I hope they plan to make it six lanes…

Dateline 2010-10-23:

The RM4.6 billion Sabah-Sarawak gas pipeline project linking Kimanis in Sabah and Bintulu in Sarawak, expected to be completed by the end of 2013, will be as successful as the North-South Expressway (PLUS) linking the Peninsular Malaysia states, said a Universiti Putra Malaysia academic.

Faculty of Human Ecology deputy dean Prof Dr Jayum Jawan said the 512km pipeline, which will transport gas from the Sabah Oil and Gas Terminal in Kimanis to customers in Sabah and Petronas’ LNG complex in Bintulu, is the best example of a national project that could bring the people and business communities of Sabah and Sarawak closer to Peninsular Malaysia.

…

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Posted by Wata

From the Edge: Petronas licence needed for O&G upstream biz in Malaysia

November 3, 2011

But, but players involved in the new risk sharing contracts have engaged fabricators and design houses who not only don’t have PETRONAS licenses, heck they aren’t even in Malaysia. Seen how busy a neighboring country is? You know, the one which has hired a past PETRONAS president?

Dateline 2010-10-28:

Petroliam Nasional Bhd has categorically stated that all companies wishing to start or continue any business or service related to Malaysia’s oil and gas upstream operations and activities must apply for a licence from the national oil company.

Petronas said on Friday, Oct 28 that the policy, enforced under the regulations following the enactment of the Petroleum Development Act, 1974, has not changed, and “applies to all local and foreign companies, service providers and suppliers”.

It was responding to recent media reports claiming that Petronas had decided “to do away” with its licensing system for companies involved in Malaysia’s upstream O&G industry.

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Posted by Wata

The Edge: Petronas licensing changes to affect smaller players

November 2, 2011

Need to make that move out of the Malaysian O&G market..

Dateline 2011-10-25:

Most local oil and gas (O&G) players are strong enough to hold their ground should a change in Petroliam Nasional Bhd’s (Petronas) licensing system result in more foreign competition. But marginal companies could see their piece of the pie getting smaller and the race for contracts get even tougher.

Pending further details, the sector remains an “overweight”. Also intact are all our stock recommendations, earnings forecasts and target prices. Our top picks are Petronas Dagangan Bhd for the big caps and Perisai Petroleum Teknologi for the small caps.

We are surprised by the possibility of the national oil company doing away with its current practice of awarding licences only to local O&G companies in certain job categories, as reported by The Edge at the weekend. This will make it harder for smaller companies to compete, but our industry checks indicate that the proposal is still very much preliminary.

…

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IEM Shout Out – OGMTD 21st AGM

November 1, 2011

The Oil, Gas and Mining Technical Division AGM will be held at 2nd Floor, Wisma IEM, 21 Jalan Selangor, Petaling Jaya.

It will be held at 11am on Saturday, 12th November 2011.

AGENDA

1. Opening Address by the Chairman of Session 2010/2011.

2. Confirmation of Minutes of the 20th Annual General Meeting held on 13 November 2010

3. Matters Arising.

4. Secretary’s Report for the Session 2010/2011

5. To receive and adopt the Financial Statement for the year ending 30 October 2010

6. Election of the Office Bearers for the Session 2010/2011

7. Address by the Chairman for Session 2010/2011 (That’s me)

8. Any Other Business

Your presence will contribute to the success of this meeting.

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 | Permalink
Posted by Wata

Saturday Star 2011-10-29 – Job Opportunities

October 31, 2011

Support me by purchasing my recommendations, or buying through my Amazon store. I need the money to pay for running this site. Corporate level sponsors are encouraged.

If you need my help to submit your CVs, donate to the blog, and I’ll review your CV to see if it is worthy of my (and my associates’) expectations. If you can’t figure out how to donate, no need to ask.

  • I’m looking for a senior process engineer, 7+ years experience. Send your cv here . Also looking for process safety persons, lead piping designer, lead instrument engineer, and other seniors you think will catch my eye.
  • Kebabangan Petroleum Operating Company (KPOC to friends) has a four-page spread. Anyhow, the posts that they hope to fill are too numerous to names. Apply here, or snail mail to: Kebabangan Petroleum Operating Comp Sdn Bhd, Level 52, Tower 2, PETRONAS Twin Towers, KLCC, 50088 KL, Malaysia.

May I suggest that readers install the Waze app on their phones? And use it as much as possible? It says its a “a social mobile application providing free turn-by-turn navigation based on the live conditions of the road. 100% powered by users, the more you drive, the better it gets. Join the community of drivers in your area today!” The more you use it, the better info I get in planning my journey round KL.

If you are fans of classic gaming, support those old time PC classics at Good Oil Games. I wish they had a local setup here.

I see Maurice Stewart has some new books:

Gas Dehydration Field Manual, Gas Sweetening and Processing Field Manual, Gas-Liquid And Liquid-Liquid Separators

This week’s food recommendation is Padi restaurant in Taman Puchong Utama

Leave a Comment » | engineering | Permalink
Posted by Wata

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