Uzma inks contract with Petronas

May 13, 2014

Dateline 2014-04-1, The Star:

 Uzma Bhd confirmed it has entered into a contract with Petroliam Nasional Bhd (Petronas) to carry out the development and production of petroleum from the Tanjung Baram field.

In a note to Bursa Malaysia, the oil & gas company said its wholly-owned subsidiary company, Uzma Energy Venture (Sarawak) Sdn Bhd, and its partner had entered into the contract, clarifying recent news reports that both were the front runners for the risk service contract (RSC) for the Tanjung Baram field in Sarawak, worth an estimated US$100mil to US$200mil (RM330mil to RM660mil).

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Saturday Star 2014-05-10 – Job Opportunities

May 12, 2014

Happy Vung Tau Week (still).

Buy my recommendations, or through my Amazon store. Where are those corporate sponsors? Or throw donations at me. I need RM360 to get The Star ePaper

  • I’m looking for a senior process engineer, 7+ years experience. Also looking for technical safety persons, metering / measurement engineers and other seniors you think will catch my eye.
  • Vestigo has a low key advert. They are looking for head, commercial and strategy, senior analyst-planning, senior qa/qc manager, integrated planner, production engineer, project and operations coordinator/operations supervisor. Apply here.
  • Earthstream is recruiting for a ‘flagship oil & gas project’. I suppose the codename is Enterprise? They are looking for Project Manager, HSE Manager & Engineer, Contract Technicians, Safety and Risk Engineer (give that to me, please), Process Engineer (ditto), Civil / Structural Engineer (you get the point), Project Engineer, Project Control Engineers, Environment Engineer, Project Quality Manager. Send you details here.

Support your local bookshop!  Bookalicious at The Summit Subang is a good choice. I think they focus on trilogies, quadrilogies, and other ologies. Tell them I sent you, and enjoy the look of perplexity on their faces. Those of you who have dropped my name, thanks!
Since I had just noted the passing of Trevor Kletz, I would like to suggest that this week you dedicate to purchasing books written by him:

What Went Wrong?, Fifth Edition: Case Histories of Process Plant Disasters and How They Could Have Been Avoided (Butterworth-Heinemann/IChemE), Still Going Wrong!: Case Histories of Process Plant Disasters and How They Could Have Been Avoided, Process Plants: A Handbook for Inherently Safer Design, Second Edition

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Sabah BN oil royalty slip up

May 11, 2014

Dateline, 2014-03-31, FMT:

The opposition leaning NGO, Movement for Change Sabah (APS), is urging MPs from Sabah, especially those from Barisan Nasional (BN), not to be scared of demanding more payment for oil and gas extracted from the state.

Former Senator and current APS deputy president Maijol Mahap, said over the weekend that the 5% royalty his still poorly developed state is getting from Petronas is pittance and an injustice that should be corrected.

Maijol, once a BN leader until he resigned in 2012, said this in response to the pointed request by Sarawak Chief Minister Adenan Satem and later echoed by a group of youth leaders of Sabah BN component parties but not Umno.

He stressed that there’s no point in second echelon leaders in the BN parties shouting about it in Sabah. He said it would make a difference if their top leaders raised the matter in the parliament.

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Posted by Wata

OTCA Shows Strong Interest From Major Oil & Gas Players In Investing In Malaysia

May 10, 2014

Dateline 2014-03-31, Bernama:

The recently concluded Offshore Technology Conference Asia 2014 (OTCA) showed strong interest from major oil and gas (O&G) players towards investing in Malaysia.

RHB Research in a research note today said among the players were UK-based Petrofac Ltd, Talisman Malaysia Ltd, Murphy Sarawak Oil Co Ltd and Shell Malaysia.

The research house said Talisman Malaysia which was granted a progressive volume based (PVB) production-sharing contract (PSC) for its Kinabalu oil fields, wants to boost the improved oil recovery potential and reap synergies from the Samarang project, off Sabah.

The oil company is also looking at extension acreage for its SB309/310 field, off Sabah, with three to four well exploration programmes this year and boost the recovery rate of its 41 per cent-operated Block PM3 CAA, offshore Peninsular Malaysia to 40 per cent from 30 per cent, it added.

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Local O&G Sector Must Look At Cost Structure To Be More Competitive: Shell

May 9, 2014

I ask you, the little guys are asked to cut cost, the middleman sell fish at the same or inflated price.

Bernama, dateline 2014-04-08:

Malaysia’s oil and gas (O&G) industry must look at the cost structure to be more competitive amid a challenging landscape that involves deepwater exploration and enhanced oil recovery (EOR), said Shell Malaysia Chairman Iain Lo.

“The current cost structure is too high. It’s related to how the industry does things faster, better and cheaper.

“We have to look at ways to get the cost structure down,” he said.

A competitive cost structure would attract more companies in accessing the remaining reserves such as those in marginal fields or EOR, he told reporters after his presentation at a panel session titled “Malaysia as an Upstream Investment Destination” here today.

The session was held in conjunction with the four-day Offshore Technology Conference Asia 2014, which ended today.

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IEM Shout Out – Talk on Four Strategies to Improve Product Quality of Dehydrated Fruits

May 8, 2014

This is a shout out for the IEM. My Technical Division will be having a talk on Thursday 22nd May, 2014. It’ll be at 5:30 pm (makan-makan at 5.00pm) at Wisma IEM.

Consumers are health conscious and seeking for healthier natural foodstuffs in order to have a nutritious diet, and this lead to the increase of dietary intake of fruit. Fresh fruit contains vitamins, minerals and high amount of water. However, it has a short shelf life due to biochemical changes. In engineering perspective, postharvest processing of excessive fresh fruit, such as drying is widely used. What kind of drying method to be used? What are the key factors necessary to produce high quality dehydrated fruits? This talk aim to share how to minimise changes in physical appearance, colour as well as bioactivity attributes such as total polyphenol contents and antioxidant capacity of dehydrated fruits.

The above will be presented by  Engr Dr Chong. Engr Dr Chong is the Associate Dean (Learning and Quality) for the School of Engineering at Taylor’s University. He holds a PhD in Engineering, a Chartered Engineer of the Engineering Council, UK, Graduate Member of Institute of Engineers Malaysia (IEM), Graduate Member of Board of Engineers Malaysia (BEM), Member of Institution of Chemical Engineers (IChemE), UK and Member of Institution of Engineering Technology (IET), UK. He is one of the CDIOTM leaders in Asia Region. His academic research interest is in the area of drying technology, energy, health and engineering education. He published more than 40 international journals, conferences papers, technical bulletin/proceedings and a book chapter for the past 7 years. Recently, he published a paper in Food Chemistry with a viewing and downloading record of 197 within a month.

You can register here and download the flyer here.

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Mida in talks with seven foreign oil firms

May 8, 2014

Date 2014-04-28, The FMT:

The Malaysian Investment Development Authority (Mida) says it is talking to at least seven American and European investors to participate in Malaysia’s oil and gas (O&G) industry.

Mida’s CEO Azman Mahmud said it was too early to name the parties but said they represent new investors as well as existing ones that are looking at new fields.

Azman said in 2013 Mida approved some RM7.05 billion of investments in the O&G sector, involving 18 projects in machinery and equipment, petroleum and petrochemical sectors, engineering support services and O&G services.

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IEM Shout Out – Talk on Engineering Finance Made Easy For Engineers

May 7, 2014

This is a shout out for the IEM. My Technical Division will be having a talk on Saturday 17th May, 2014. It’ll be at 9:00 am (makan-makan at 8.30) at Wisma IEM.

The talk will be an introduction on how to (re)structure projects to ensure sustainability using the Engineering Finance(c) methodology and its tool called Techno-Financial Model(c). It is also to inculcate cost consciousness amongst directors and senior and middle management facing heavy responsibilities in a borderless and globalised world and to expose them to the many uses of Techno-Financial Model (TFM) in considering different Technology or Product options that could optimise returns.

The above will be presented by  Ir. Prof. Madya Dr. Maulud Abdul Latif. Ir. Prof. Madya obtained his Engineering Doctorate (EngD) in Engineering Finance from UTM/University of Warwick. He also holds an MBA Finance from the University of Queensland Business School, a B. Sc. (Hons) in Mining Engineering from the University of Wales and a Diploma in Mechanical Eng. from Universiti Teknologi Malaysia. In addition, he holds the Dredgemaster Certificate of Competency and is a member of the Board of Engineers, Malaysia, Institution of Engineers, Malaysia and the Institute of Mineral Engineers.

You can register here and download the flyer here.

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Is Petronas strategy bearing fruit?

May 6, 2014

Dateline 2014-04-26, Malaysia Chronicle:

EXPLORATION AND PRODUCTION – National oil company went into deeper waters and complex fields the past four years

Petroliam Nasional Bhd (Petronas) has embarked on an aggresive exploration and production strategy, testing new play types in deeper waters and complex fields the past four years, which have proven fruitful.

Petronas president and chief executive officer Tan Sri Shamsul Azhar Abbas said this has helped the group unlock new reserves in Malaysia that were only years ago considered too challenging and costly.

“For the second year running, we have increased domestic production, thanks to our enhancement of initiatives,” he said at the opening of the Offshore Technology Conference Asia 2014, here, yesterday.

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BC Petroleum Gets Nods to Develop Bentara Oil Field Offshore Sarawak

May 4, 2014

Rigzone, dateline 2014-03-26:

Roc Oil Company Limited (ROC), announced Tuesday that BC Petroleum Sdn Bhd (BCP) the 48 percent owned company incorporated to operate and manage the Balai Cluster Risk Service Contract (RSC), has received approval of the FDP (field development plan) from Petronas for the initial phase in the development of the Bentara Oil Field within the Balai Cluster offshore Sarawak, Malaysia.

Commenting on the FDP approval ROC’s CEO Alan Linn said: “Approval for the initial phase of the Bentara oil development is a direct outcome of the risk managed and staged pre development approach implemented by BCP to appraise and accelerate oil production from the Balai Cluster. In the process, we have also identified additional potential within the cluster area and will be proposing further study and appraisal activity in support of the next stage of potential development from Bentara and associated fields”.

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