IEM Shout Out – Technical Visit to Consist (Safety Training Provider)

August 13, 2013

This is a shout out for the IEM. My Technical Division will hosting the above visit on the 27th August, 2103.

CONSIST (Construction and Industrial Safety Training) is a training and services group that focus only in the field of Safety, Occupational Health and Environment. Courses conducted by CONSIST are approved and accredited by the industries and government such as PETRONAS, Shell, ExxonMobil, Talisman, Murphy Oil, Petrofac and others. Among the government agencies that approved courses conducted by CONSIST are Department of Occupational and Health (DOSH), Malaysian Qualification Agency (MQA), Public Service Department (PSD), Department of Civil Aviation (DCA), Fire & Rescue Department, Royal Malaysian Air Force, Marine Department, Construction Industry Development Board and others. Since 1996 CONSIST has trained over 38,000 participants until end of 2011.

You can register here. Fliers may be obtained here.

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Posted by Wata

Saturday Star 2013-08-10 – Job Opportunities

August 12, 2013

Eid Mubarak, all!

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.

  • I’m looking for a senior process engineer, 7+ years experience. Send your cv here. Also looking for process safety persons, metering / measurement engineers and other seniors you think will catch my eye.
  • Side note: My mechanic complains that there are not enough trained mechanics are being extruded from our schools. If you know of any idle ones, he’s looking for some. Ask them to contact Kong Ming Chai at +60122951023. On another note, has this shortfall hit the news? Can I get the contract for 1Repair?

Help me (and you) increase my cloud presense. 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!

Some interesting book on display at Kinokunya:

Modern Chemical Enhanced Oil Recovery: Theory and Practice, Offshore Structures: Design, Construction and Maintenance, Glossary of the Petroleum Industry: English/Spanish & Spanish/English

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.

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

SapuraKencana among those invited to bid for Newfield assets worth US$1.7bil

August 11, 2013

Dateline 2013-07-09:

Up to 60 companies have expressed interest in Newfield Exploration Co’s oil and gas (O&G) assets in Malaysia and China, indicating strong interest for the assets which sources said are priced at around US$1.7bil (RM5.27bil).

However, less than half of the companies that had expressed interest have been issued with the info memo on the deal by Goldman Sachs and in accordance with the wishes of Texas-based Newfield. Stage 1 for bid submission is on July 16.

Bidders are now sorting out their funding arrangements for the planned acquisition while some are also looking to team up with other O&G players for joint-bids.

…

 

7 Comments | Malaysia, oil and gas | Tagged: | Permalink
Posted by Wata

Malaysia’s LNG exports decline to lowest

August 10, 2013

Dateline 2013-07-28:

Malaysia’s liquefied natural gas exports fell to the lowest level in 10 months in May, according to data from the Statistics Department.

Petroliam Nasional Bhd, the state-owned oil and gas producer, shipped 1.89 million metric tonnes of the supercooled fuel, the data show. That’s down about 0.1 per cent from April and is the smallest volume since July last year.

Petronas, as the Kuala Lumpur-based company is known, was paid RM4.33 billion, or about US$13.71 per million British thermal units (Btu), for the exports. It received US$13.11 per million Btu in April.

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Posted by Wata

IEM Shout Out – Talk on Subsea Processing and The Subsea Factory Vision

August 9, 2013

This is a shout out for the IEM. My Technical Division will be having a talk on the 24th August, 2013. It’ll be at 9:00 am (makan-makan at 8:30) at Wisma IEM.

As demand for oil escalates and resources from the relatively easy onshore and shallow water fields becomes relentlessly depleted, oil companies are compelled to focus on more remote, complicated and deeper water reserves. This represents whole new technological challenges. Subsea production technologies have now come to the fore to be an enabler while contributing towards increased hydrocarbon recovery from this highly challenging environment. In recent years too, more and more equipment began to populate the seabed, thus giving birth to the ‘subsea factory’ vision. This presentation seek to provide an overview of some of the subsea processing technologies that made this transition from surface to the deep seabed possible, and giving a glimpse of how the subsea factory of the future may look like.

Lots of words. Further elaboration will be provided by Rudisham (Rudi) Marjohan:

Rudisham (Rudi) Marjohan graduated as a Mining Engineer from the Technical University of Nova Scotia, Canada in 1993 with a minor in Petroleum Engineering. He has served in both mining, and oil and gas industries, spending considerable amount of time in exploration and drilling activities in various capacities and responsibilities. In 2008, a change of perspective saw his involvement in subsea production systems with Framo Engineering, a Schlumberger company and a recognized leader in the manufacture and supply of multiphase pumps and subsea systems. Framo Engineering is now part of OneSubsea, a 60-40 collaboration between Cameron and Schlumberger. Rudi is now based in Kuala Lumpur and is OneSubsea’s Asia Sales Manager for Pumps and Subsea Processing Systems

You can register here, and fliers can be downloaded here.

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Posted by Wata

FPS arrives at deepwater Malaysian field

August 8, 2013

Finally!

Dateline 2013-07-05:

Installation has begun of a semisubmersible floating production system (FPS) on deepwater Gumusut-Kakap oil field offshore Sabah, Malaysia (OGJ Online, Mar. 17, 2009).

The field, operated by Sabah Shell Petroleum Co. under a production-sharing contract with state-owned Petronas, began producing 25,000 b/d last November through tie-back of two subsea wells to Kikeh oil field operated by Murphy Sabah Oil.

Kikeh, Malaysia’s first deepwater field, began production in 2007 through a spar connected to a floating production, storage, and offloading vessel (OGJ Online, Aug. 11, 2011).

…

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Posted by Wata

Diving Photos – Pulau Weh

August 7, 2013

You can see some dive photos here and here.

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Posted by Wata

IEM Shout Out – 1 Day Seminar on The Application of Engineering Finance Methodology in Structuring A (Long-Term) Financially Sustainable Project

August 6, 2013

This is a shout out for the IEM. My Technical Division will hosting the above seminar on the 20th August, 2103.

The primary objectives of Engineering Finance are to Create Cost Conscious Global Professionals. Engineering Finance is a sub-set of Engineering using financial methodology to ensure the long-term viability and sustainability of a project.

The course will delve on:

  • Definition and concept of Engineering Finance.
  • Fundamental principles of the engineering finance methodology e.g. “Bridging” of “Engineering” with “Finance”, MAL Cost Efficiency Model, Economic Efficiency vs. Engineering Efficiency, Critical Component Analysis etc.
  • Applications of Engineering Finance – using actual cases to illustrate the uses of EF methodology in market positioning, product-technology option matrix etc.

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

You can register here. Fliers may be obtained here.

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

Saturday Star 2013-08-03 – Job Opportunities

August 5, 2013

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.

  • I’m looking for a senior process engineer, 7+ years experience. Send your cv here. Also looking for process safety persons, metering / measurement engineers and other seniors you think will catch my eye.
  • PETRONAS is looking for Head, Olefins & Derivatives business. Send your application here.
  • Murphy is looking for a senior operations project engineer, senior project engineer, senior process engineer, metering & instrument engineer (eh?). Send your cv here.
  • Side note: My mechanic complains that there are not enough trained mechanics are being extruded from our schools. If you know of any idle ones, he’s looking for some. Ask them to contact Kong Ming Chai at +60122951023. On another note, has this shortfall hit the news? Can I get the contract for 1Repair?

Help me (and you) increase my cloud presense. 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!

Some interesting book on display at Kinokunya:

Modern Chemical Enhanced Oil Recovery: Theory and Practice, Offshore Structures: Design, Construction and Maintenance, Glossary of the Petroleum Industry: English/Spanish & Spanish/English

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.

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

Sona Petroleum aims for RM550 million IPO for E&P assets

August 4, 2013

Dateline 2013-07-06:

Sona Petroelum Bhd (Sona Petroleum) yesterday launched its prospectus in conjunction with the company’s listing of and quotation for its entire issued and paid-up ordinary share capital together with warrants on the Main Market of Bursa Malaysia Securities Bhd (Bursa Malaysia).

Sona Petroleum’s initial public offering (IPO) will involve an offering of a total of up to 1.1 billion new ordinary shares of RM0.01 each in Sona Petroleum (public issue shares) together with up to 1.1 billion free detachable warrants attached on the basis of one Warrant to every one public issue share issued, at an issue price of RM0.50 per public issue share.

The company aims to raise up to RM550 million through its IPO. Upon listing, Sona Petroleum is expected to have a market capitalisation of up to approximately RM705.4 million.

…

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

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