FMT, dateline 2013-07-30:
Had the oil and gas of Sabah not been swindled away by the Barisan Nasional federal government, today her people probably would not have to endure the agony of having to line up for hours and hopping from one gas station to another for diesel.
It is a shameful reality that 95% of our oil and gas was illegally taken away from us.
Why do we say it was illegally taken away?
…
Leave a Comment » | 
Malaysia, Malaysian election, oil and gas | Tagged: BN, Sabah | 
Permalink
Posted by Wata
Okay, this is really out of date info, but I’m behind, so much news to share. “Water supplies”?
From FMT, dateline 2013-07-30:
Petronas will start up its $19 billion petrochemicals complex in Malaysia in 2018, the company told Reuters on Tuesday, signaling a further delay in the country’s largest-ever infrastructure project.
A delay to the project in Johor could deal a potential blow to the economy of as well as local oil and gas services firms hoping for work on the massive complex.
A source familiar with Petronas’ business strategy told Reuters the project had been complicated by a need to secure water supplies as well as cater for proposed international partners.
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2 Comments | Malaysia, oil and gas | Tagged: Pengerang, RAPID | Permalink
Posted by Wata
This is a shout out for the IEM. My Technical Division will hosting a visit to Valser Oil & Gas Sdn Bhd on the 21st Sept, 2013. You will be awarded with 2 CPD points.
Valser Oil & Gas Sdn Bhd (VOG) was incorporated in 2010. The VOG group aims to become the top Malaysian and Asia Pacific Regional One-Stop-Solution-Centre for the supply and services of valves, actuators and controls for the General, Oil & Gas and Energy Industries. VOG places great emphasis on adding value to the industry by ensuring that their products and services are reliable, safe and of the highest quality.
Valser Valve Automation Centre (VVAC) is located in Nilai, Negeri Sembilan. The facility is their largest at present where all integration and testing of Actuated Valve Systems are conducted. In addition, together with Biffi Italia Srl, the facility also assembles and tests Biffi ALGAS pneumatic actuators.
You can register for the event here, or get the flyer here.
Maybe you can get free samples.
Leave a Comment » | engineering, Malaysia | Tagged: IEM, OGMTD, valser | Permalink
Posted by Wata
Ah, Ranhill, what shall we do with thee? Dateline 2013-07-29, Rigzone:
Ranhill Energy and Resources Bhd announced that it has withdrawn an initial public offering (IPO) to raise $236 million (MYR 753 million) on Malaysia’s stock exchange Bursa Malaysia.
This follows the disclosure last week that Malaysia’s national oil and gas firm Petroliam Nasional Bhd (Petronas) has suspended an affiliate’s license following a review of a construction project. The affiliate Perunding Ranhill Worley Sdn Bhd (PRW) cannot bid for any projects from Petronas without the license.
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Leave a Comment » | investment, Malaysia, oil and gas | Tagged: Petronas, Ranhill, Ranhill Worley | Permalink
Posted by Wata
Well wishes on Malaysia Day.
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.
Help me (and you) increase my cloud presence. Pleease use some form of cloud storage, so if you lose your laptop with those oh-so-important reports, be assured that (with Internet access) the files are still accessible. Use my referrals for Dropbox, MiMedia, SpiderOak, MediaFire, Ubuntu One, Sugar Sync.
Break the Low Yat stranglehold! Support Newegg Malaysia, or check Amazon’s International Shipping. Yeah, baby!
I’ve had days of interpreting bad data. Apparently is catching.
Bad Science: Quacks, Hacks, and Big Pharma Flacks, Bad Astronomy: Misconceptions and Misuses Revealed, from Astrology to the Moon Landing “Hoax”, Bad Pharma: How Drug Companies Mislead Doctors and Harm Patients
The IEM has a coffee table book out, Engineering Heritage of Malaysia (no, it is not Datuk Seri Samy Vellu’s bio). Visit here for details.
Food? Doctor says I need to lose weight, sugar, cholesterol. Wish me luck.
Leave a Comment » | engineering, Malaysia, oil and gas | Tagged: EMEPMI, EPMI, ESSO, ExxonMobil, newegg, pantang di cabar, Phillips 66, Synergy, Tuah Jebat, Will to Compete, Young Turks | Permalink
Posted by Wata
Probe sounds so obscene… Dateline 2013-07-25, The Star.
Malaysia’s Securities Commission is reviewing Ranhill Energy and Resources Bhd.’s 753 million ringgit ($235 million) initial public offering and investors who subscribed may be offered their money back.
The regulator ordered the Kuala Lumpur-based energy and water group and its adviser Maybank Investment Bank Bhd. to postpone the listing slated for next week after an affiliate got a suspension notice from state-owned Petroliam Nasional Bhd. Proceeds from the share sale are being safeguarded by two banks and the Malaysian Issuing House Sdn., Ranhill Energy said in a statement yesterday.
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Leave a Comment » | business opportunity, investment, Malaysia, oil and gas | Tagged: Petronas, Ranhill Energy | Permalink
Posted by Wata
C’mon, join this scheme, and I won’t have to bug you every year. To quote:
IEM is introducing the FULLY-PAID Membership Scheme with effect from 2013. By subscribing to this
scheme, your membership will be:
- immune to increase in future subscription rates increase
- immune to inflation
- immune to increased rates when you upgrade your membership. You will not need to top up the difference when you move to a higher grade.
- immune to interruption in receiving IEM’s services. The IEM Bylaws state that all privileges due to a member will cease if his subscriptions is not paid by April each year.
For your further information, ROS has approved the new IEM Bylaws where the subscription rates will be
increased by 20% with effect from 1 January 2014.
Leave a Comment » | engineering, investment, Malaysia | Tagged: IEM | Permalink
Posted by Wata
This is a shout out for the IEM. My Technical Division will hosting a visit to Valser Oil & Gas Sdn Bhd on the 21st Sept, 2013. You will be awarded with 2 CPD points.
Valser Oil & Gas Sdn Bhd (VOG) was incorporated in 2010. The VOG group aims to become the top Malaysian and Asia Pacific Regional One-Stop-Solution-Centre for the supply and services of valves, actuators and controls for the General, Oil & Gas and Energy Industries. VOG places great emphasis on adding value to the industry by ensuring that their products and services are reliable, safe and of the highest quality.
Valser Valve Automation Centre (VVAC) is located in Nilai, Negeri Sembilan. The facility is their largest at present where all integration and testing of Actuated Valve Systems are conducted. In addition, together with Biffi Italia Srl, the facility also assembles and tests Biffi ALGAS pneumatic actuators.
You can register for the event here, or get the flyer here.
Maybe you can get free samples.
Leave a Comment » | engineering, Malaysia | Tagged: IEM, OGMTD, valser | Permalink
Posted by Wata
Time for an exit strategy. Dateline 2013-07-26, The Star:
Malaysian Investment Development Authority (Mida) is currently in talks with potential investors in alternative energy, oil and gas and advanced electronics.
Chief executive officer Datuk Noharuddin Nordin said some of these foreign companies were also interested in setting up their operational headquarters or regional service centres in Malaysia.
Speaking to Bernama in Bangkok recently, he said the companies were not only looking at Malaysia but were also considering other countries in the region.
“So, we are in the process of convincing them to decide on Malaysia and, hopefully, they can make the decision within this year,” he said.
Noharuddin said there had been an increasing trend whereby investor interests would gradually come from markets that were not traditional to Malaysia; for example, traditionally investments from Europe would come from the UK and Germany.
“Now we are seeing a lot of interests of companies coming from France and Spain. These are not our traditional sources of investments, which are something very encouraging,” he said.
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Leave a Comment » | investment, Malaysia, oil and gas | Tagged: MIDA | Permalink
Posted by Wata
Dateline 2013-07-24: No article available.
WIll the CRO be on the take? This article says they are going to Singapore to look for talent. Sigh… I guess there’s no talent to be had in Malaysia. You can follow the LinkedIn advert here.
Leave a Comment » | Malaysia, oil and gas | Tagged: Chief Risk Officer, Petronas | Permalink
Posted by Wata
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Wata - Malaysian Oil and Gas Engineer 