Wata – Malaysian Oil and Gas Engineer

Dateline 2011-07-22:

Prime Minister Datuk Seri Najib Tun Razak said national oil and gas company Petronas will continue to earn with its proactive moves to invest overseas.

Referring to its investment in Turkemenistan where it has developed the Kiyanly onshore gas terminal and offshore gas production plant, Najib, who is also Finance Minister, said that the gas field was located among the “richest” in the area.

The construction of the plant, the country’s first offshore gas platform, involved an investment of about US$5.2 billion from Petronas.

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Funny, I was just discussing W Natuna and Duyong with somebody last week.

From Jakarta Globe, dateline 2011-07-20:

Upstream oil and gas regulator BPMigas has reached a deal with Malaysia’s Petronas to set a new price on a natural gas contract, putting an end to negotiations that started last month.

“We are waiting for final approval from the energy minister,” BPMigas chairman Raden Priyono said on Wednesday.

The parties agreed to set the rate at “close to $6 per million British thermal units [mmbtu],” he added, which was close to the price the Indonesian government had proposed.

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From CNBC, dateline 2011-07-19:

No Asian country with territorial claims in the blue waters of the South China Sea – and claims to the black oil far beneath the waves – has installed a single oil drill in the heart of the disputed region.

To date, only the sea’s continental shelves and coasts of sea-bordering countries have been explored and exploited for oil and natural gas. These sites can be found off the eastern shores of Vietnam, east of Malaysia, north of Indonesia and Brunei, west of the Philippines, and south of China.

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Romeo Gacad | AFP | Getty Images China’s flag flies over octagonal structures built on stilts in the Philippine-claimed Mischief Reef in the disputed Spratly Islands located in the South China Sea.

I know that engineers are an innovative lot. Have a gander at this secret project, being conducted out of Wisma IEM:

Next project: Mars – Venus auto-interpreter.

Didn’t know PETRONAS Gas couldn’t manage their own pipeline network. And a simple one at that. Dateline 2011-07-18:

Petronas has selected Energy Solutions International to supply a gas management system for the Petronas Gas Transmission Pipeline System in Malaysia.

Petronas Gas Berhad provides piped gas to end users in the power, industrial and commercial sectors in Peninsular Malaysia and power plants in Singapore via its Peninsular Gas Utilization system. The Peninsular Gas Utilization pipeline system is more than 2,500 kilometers long and a major component of Petronas’ gas operations. The PGU pipeline system has essentially two major inlet areas, with three gas sources.

The gas management solution is to be used for planning, simulation, gas monitoring, contract execution, monitoring, billing and reporting for sales. The solution will also integrate existing pipeline simulation modules and provides an integrated platform for data integration of operation and commercial data from existing real time systems such as SCADA, data historian systems, manual inputs and other 3rd party application.

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.

First off, 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, and other seniors you think will catch my eye.

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!”

How about a selection of books on chemical plants?

Ludwig’s Applied Process Design for Chemical and Petrochemical Plants, Fourth Edition,Process Plants: A Handbook for Inherently Safer Design, Second Edition, Chemical Engineering Design: Principles, Practice and Economics of Plant and Process Design.

Dateline 2011-07-18:

This two-part articles looks into the electricity tariff hike and other consumer issues. This is part one of a two-part article.

KUALA LUMPUR, July 18 (Bernama) — Those whose electricity usage is less than 300 kWh per month, or less than RM77, surely felt blessed when a new electricity tariff was announced on June 1.

The electricity hike impacted only those domestic users whose use was between 301 kWh to 1000 kWh a month.

Nevertheless, their good fortune may not last forever. As explained by S. Piarapakaran, President of the Association of Water and Energy Research Malaysia (AWER), fuel remains the highest cost for the electricity industry and it continues to rise.

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Dateline 2011-07-12:

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that it has discovered gas in the Tarap-1 well that was drilled in Block SB303, offshore Sabah, East Malaysia.

Tarap-1 was drilled with the Offshore Courageous rig in a water depth of approximately 70 meters. The well was directionally drilled to a measured depth of 2,675 metres.

The Tarap discovery is a stratigrahic trap and the well encountered gas in each of the 5 independently sealed stacked Miocene sands targeted. Gross total vertical pay thickness for the sands encountered is approximately 150 metres. An extensive data acquisition program was completed including pressure measurements, sampling and a mini flow test in selected zones.

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Dateline 2011-07-11:

SapuraCrest Petroleum Bhd and Kencana Petroleum Bhd have received an offer by a special purpose vehicle, Integral Key Sdn Bhd, to merge and create one of Malaysia’s largest integrated oil and gas services provider in a deal worth RM11.85 billion.

Integral Key, wholly-owned by Mayban Ventures Sdn Bhd, has offered to buy the entire business and undertakings of SapuraCrest, including its assets and liabilities for RM5.872 billion or RM4.60 per share of RM0.20 each.

It has also offered to buy Kencana Petroleum’s business for RM5.979 billion or RM3.00 per share of RM0.10 each.

The offer is valid until Aug 15 at 5pm.

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Dateline 2011-07-10:

Malaysia’s state oil firm Petronas wants to lower its reserve replenishment ratio from 2.5 to 1.1, the company’s chief executive said in an interview with The Edge weekly newspaper.

Asked about Petronas’ ratio of 2.5 times, Shamsul Azhar Abbas said it was either because the firm was not developing resources fast enough or was going after the “wrong prospects”.

He said the ideal ratio for Petronas was “one-to one minimum”.

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