Dateline 2013-06-27, FMT:
Pakatan Rakyat MPs urged Prime Minister Najib Tun Razak to explain reports that a private company received a lucrative concession to work on an offshore oil block in Sarawak. Speaking at the Parliament today, DAP MP Ariff Sabri alleged that the company, Pexco, received concession to work on a 25,000 square-kilometre block at the offshore oil block. Ariff also claimed that Pexco is linked to Usaha Tegas Sdn Bhd, which belongs Malaysian billionaire T Anandakrishnan.
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Leave a Comment » | 
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Posted by Wata
I believe when I see…
Dateline 2013-06-29, Rigzone:
Shell expected its floating production system (FPS) for the Gumusut-Kakap oil field project offshore Sabah, Malaysia to operate at full capacity by year-end.
“We drew our first oil in November last year and we expect to reach full production capacity by year-end,” said Chairman Iain Lo of Shell Refining Company (Federation of Malaya) Bhd – a subsidiary of Shell in Malaysia as reported by Malaysian national news agency Bernama June 21.
The FPS will produce 150,000 barrels of crude oil per day from 19 subsea wells, which are located in water depths of 3,937 feet.
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Leave a Comment » | Malaysia, oil and gas | Tagged: Gemusut-Kakap, Shell | Permalink
Posted by Wata
Ah, diving, oil and border disputes. When is the movie coming out?
Dateline 2013-06-17:
Indonesia’s Energy and Mineral Resources Ministry has set aside an ongoing territorial dispute over the oil-rich Ambalat waters and teamed up with Malaysia to conduct geological explorations in the Borneo border area of Nunukan.
The new partnership was established by both governments in an aid to better manage the massive potential of natural resources in the border area that could be developed and utilized for the betterment of the people in both countries.
Parts of the program are managed by Indonesia’s National Border Management Agency (BNPP).
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Leave a Comment » | Malaysia, oil and gas | Tagged: dispute, Indonesia, Nunukan | Permalink
Posted by Wata
Buy my recommendations, or through my Amazon store. Where are those corporate sponsors? Or throw donations at me.
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.
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!
If you are interested in oil and gas surface facilities, I would recommend getting Surface Production Operations, Volume 2:, Second Edition: Design of Gas-Handling Systems and Facilities and Surface Production Operations, Volume 1, Third Edition: Design of Oil Handling Systems and Facilities. And don’t forget the Coulson & Richardson classic, Chemical Engineering, Volume 6: An Introduction to Design (Chemical Engineering Technical Series)
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: Emas, Lundin, newegg, Synergy, Victoria Production | Permalink
Posted by Wata
How about we have a pre-emptive rally?
Dateline 2013-06-17, FMT:
Thousands of protesters rallied across Indonesia today against government plans to hike the price of fuel, with police in one city firing tear gas to stop hundreds storming the local parliament. Demonstrations were held in the capital Jakarta and other cities as lawmakers gathered to decide on budget amendments that will pave the way for the government to announce the first price hike since 2008. Fuel prices have long been a flashpoint issue in Indonesia, with economists arguing that huge government subsidies are damaging Southeast Asia’s top economy.
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Leave a Comment » | Malaysia | Tagged: fuel price, Indonesia, rally | Permalink
Posted by Wata
Dateline 2013-06-14, Reuters:
Malaysia’s $30 billion push to find more oil and gas is paying off, with domestic crude output bouncing off a recent 20-year low and natural gas production on track to hit a record high before the end of the decade.
Southeast Asia’s second-biggest oil producer expects its crude and condensate output to rise to more than 600,000 barrels per day (bpd) in the next five years as new big fields start up and natural decline is stemmed at mature fields.
Malaysia’s oil output is not likely to rise much higher than that as most recent finds have been gas, although production of liquids may briefly approach former levels near 700,000 bpd when some of the new fields hit their peaks.
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Leave a Comment » | Malaysia, oil and gas | Permalink
Posted by Wata
Dateline 2013-06-12, NST:
Kedah government will revive the Yan Petroleum Industrial Zone (Zipy) which was shelved after Pakatan Rakyat came into power in 2008, said Menteri Besar Datuk Mukhriz Mahathir.
He announced that Merapoh Resources Corp Sdn Bhd’s oil refinery and pipeline project would be developed on a bigger scale compared to when it was first proposed to the Barisan Nasional-led state government in 2007.
The state government is expected to rake in more than 400 millions of ringgit in profit from the proposed project, which Pakatan Rakyat changed its name to Sungai Limau Hydrocarbon Hub (Sulihh) when it was in power.
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Leave a Comment » | Malaysia, oil and gas | Tagged: Kedah, Mukhriz Mahathir | Permalink
Posted by Wata
Ah, now I know where marketing efforts should go.
Dateline 2013-06-12, FMT:
Has billionaire entrepreneur Ananda Krishnan secured direct control of a series of Sarawak’s off-shore oil fields through his Pexco division? Pexco is the natural resources division of Usaha Tegas, which is controlled by Krishan. The question surfaced after Pexco chief executive officer Sean Guest posted an update on Linked-in describing the oil and gas company as having “one of the largest acreage holders in Malaysia”. Pexco’s “primary assets” according to Guest are now in Australia, Indonesia, Malaysia and Etiopia. Guest’s CV posting noted that Pexco is focused in Australia-Asia and the Indian-ocean rim and has regional offices in these areas.
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Leave a Comment » | Malaysia, Malaysian election, oil and gas | Tagged: Ananda Krishnan, Pexco | Permalink
Posted by Wata
Dateline 2013-06-10, Malaysian Chronicles:
The government and Petronas’ responses to our call for audit of Petronas’ businesses and tendering processes in Malaysia have been evasive at best and pathetic at worst. Evasive because they tried to deemphasize the real reason of our call for the audit of by putting blames on constraints in disclosing information about their international ventures. Pathetic because the way they responded gave an impression that it was not well-thought of. It has failed to give any good excuse why an audit is not needed; it has also failed to convince that Petronas upholds high level of integrity and transparency.
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Leave a Comment » | Malaysia, Malaysian election | Tagged: Petronas | Permalink
Posted by Wata
Buy my recommendations, or through my Amazon store. Where are those corporate sponsors? Or throw donations at me.
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.
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!
If you are interested in oil and gas surface facilities, I would recommend getting Surface Production Operations, Volume 2:, Second Edition: Design of Gas-Handling Systems and Facilities and Surface Production Operations, Volume 1, Third Edition: Design of Oil Handling Systems and Facilities. And don’t forget the Coulson & Richardson classic, Chemical Engineering, Volume 6: An Introduction to Design (Chemical Engineering Technical Series)
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.
1 Comment | engineering, Malaysia, oil and gas | Tagged: McDermott, newegg, Synergy | Permalink
Posted by Wata
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Wata - Malaysian Oil and Gas Engineer 