ProEight gives seal of quality

December 8, 2012

Kudos to a local company.

Dateline 2012-11-24:

THE global oil and gas industry is dominated by a number of well-established companies who supply the technology and equipment for all downstream and upstream activities. To break into this well-established group of international vendors and suppliers, you must be pretty exceptional.

One Malaysian company is up to the challenge.

ProEight Offshore Engineering Sdn Bhd is South-East Asia’s only maker of mechanical seals for the oil and gas industry. These seals are fitted to pumps and compressors to prevent leakages.

Globally, the demand for mechanical seals is met by a small number of well-established brands. But ProEight, a relatively young Malaysian company which started designing its mechanical seals in 2006, has set its sights on joining this elite group of manufacturers. It claims its seals are better and cheaper.

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Posted by Wata

Halliburton Can Profit From Malaysia’s Mature Fields

December 7, 2012

Dateline 2012-11-20:

Oil field service major Halliburton (NYSE:HAL) is making progress into Malaysia’s oil and gas industry. Earlier this month, the firm’s subsidiary Halliburton Bayan Petroleum (HBP) signed a deal with Petronas Carigali Sdn Bhd, the exploration and production arm of state-controlled oil giant Petronas, to provide services to boost production from mature wells in the Bayan Field off the coast of Malaysia. The deal is estimated to be worth $1.2 billion and will span over 24 years. Dialog, a Malaysian oil and gas engineering services firm, has picked up 50% equity stake in HBP and will partner with Halliburton to provide services in these fields.

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Posted by Wata

Petronas uses ICES to access deepwater oil

December 6, 2012

Dateline 2012-11-21:

PETRONAS announced that the Gumusut-Kakap field, Malaysia’s second deepwater development, achieved oil production on 18th November.

This first production was achieved via an interim crude evacuation system (ICES) where two production wells from the Gumusut-Kakap field are tied back to the existing Kikeh field’s floating production, storage and offloading (FPSO) unit.

The production is expected to reach a maximum of 25,000 barrels per day (bpd) upon ramping up of the two wells.

The Gumusut-Kakap field is the second deepwater field development in Malaysia after the Kikeh field.

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Posted by Wata

Government forms special committee to study oil royalty

December 5, 2012

Dateline 2012-11-20:

 The federal government has agreed to set up a special committee to conduct a fair and transparent study on the payment of cash from petroleum revenue to the east coast states of peninsula Malaysia, a statement from the Prime Minister’s Office said today.

It said the committee would be chaired by former Chief Justice Tun Abdul Hamid Mohamad and would comprise experts on international and local laws and representatives of the governments of Terengganu, Kelantan and Pahang as consented to by the sultans of these states.

The formation of the special committee is aimed at undertaking a comprehensive study on the issue of cash payment by taking into account all aspects raised by these east coast states, the statement said.

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Posted by Wata

Saturday Star 2012-12-01 – Job Opportunities

December 3, 2012

C’mon. Buy my recommendations, or through my Amazon store. Where are those corporate sponsors? Or throw donations at me.

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, lead piping designer, lead instrument engineer, and other seniors you think will catch my eye.
  • And nothing else this week. That’s the second week in a row

May I suggest that readers try Bluestacks? Run your Android apps on your Windows tablet, so you can buy that Win8 tablet (and buy me one) without worrying you won’t have anything to play on it!

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!

With all the unfortunate accidents happening in Malaysian waters lately, I think a selection of safety books is in order:

  

Functional Safety, Second Edition: A Straightforward Guide to Applying IEC 61508 and Related Standards, Layer of Protection Analysis: Simplified Process Risk Assessment (Camino del Sol), Safety Critical Systems Handbook: A STRAIGHTFOWARD GUIDE TO FUNCTIONAL SAFETY, IEC 61508 (2010 EDITION) AND RELATED STANDARDS, INCLUDING PROCESS IEC 61511 AND MACHINERY IEC 62061 AND ISO 13849

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Posted by Wata

IEM Shout Out – 2-Day Course on Overview of Asset Management Standard and Assessments

December 2, 2012

This is a shout out for the IEM. My Technical Division will be having a course on Tues 4th to 5th December, 2012. It’ll be at 9:00 am at the distinguished Kelab Golf Negara Subang.

The main aims of this course are to:

  • Introduce participants to the concepts, practices and application of asset management and their implications for the optimized management of physical assets;
  • Provide an overview of PAS 55 requirements for physical asset management and how these apply to the organisation;
  • Review options and good industry practice for asset management planning and for implementation of optimized plans over asset life cycles;
  • Show how these can be integrated with a business management system to align with other requirements including management system standards, relevant specifications and regulatory requirements;
  • Learn how to do good asset auditing and assessment programme.

Ir. Al-Khairi has 20 years of experience in research, cement, oil and gas, petrochemical, oleo chemicals industries and health care facilities. He has gained various experiences in design, construction, testing and commissioning, operate and maintain facilities and plants from various multinational companies both abroad and locally. He has served in various roles as engineers and manager to the plant and facilities.

With such a diverse industrial background, Ir. Al-Khairi has formed Faqeh Management, an asset and reliability company to improve the equipment reliability and maintenance standard in the industry. The main function of the company is to provide training and consultancy work for the industry. Among the industry that he has provided services are hospital and health care, airports, facilities management organization, printing and palm oil mills.

Further information on the course may be obtained here. The form may be obtained here.

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Labuan ‘has potential’ to become O&G hub in the region

December 1, 2012

Dateline 2012-11-14:

Labuan has the potential to become a major oil and gas (O&G) hub with its strategic location, being adjacent to international shipping lanes and its close proximity to deepwater O&G fields offshore Sabah.

Industry players note that Labuan’s proximity to Sipitang and Kimanis in Sabah, where close to RM8 billion in value of downstream facilities are being constructed, is seen as another one of its advantages.

Industry officials also note that Labuan has two major facilities crucial to the O&G activities – the Labuan Shipyard & Engineering Sdn Bhd (LSE) and Asian Supply Base Sdn Bhd (ASB).

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

Petronas CEO ready to quit any time

November 30, 2012

Link bait.

Dateline 2012-11-12:

Tan Sri Shamsul Azhar Abas has hinted that he may not stay long at Petronas under its new succession policy after pushing through reforms to distance itself as the country’s piggy bank in the last two years he has been its CEO.

“I’ve identified my successor and I’m ready to leave any time. Even tomorrow.

“I don’t believe in self-preservation,” Shamsul told Financial Times (FT) in an interview published today.

Petronas’ chief executive and board serve at the pleasure of the prime minister who have over the years tapped into the state oil firm’s funds to build their dream projects and bail out their mistakes.

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3 Comments | Malaysia, Malaysian election, oil and gas | Tagged: , | Permalink
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NGC Energy to use M’sia as hub to access region

November 28, 2012

Dateline 2012-11-12:

NGC Energy Sdn Bhd, an Omani and Malaysian joint-venture company, says it will supply up to 25% of Malaysia’s liquefied petroleum gas (LPG) needs on its way to becoming a major energy player in the region.

The company, which recently acquired the LPG assets of Shell Malaysia Trading Sdn Bhd in the country, said it will supply up to 25,000 tonnes per month to domestic and industrial users under the Mira brand without naming a specific date.

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Affin raises Gas Malaysia target price

November 27, 2012

Regasification plays an important factor in this one.

Dateline 2012-11-12:

Affin Investment Bank raised its target price on Gas Malaysia Bhd shares to RM3 from RM2.80 as the company has secured customers to take up all the additional gas supply for 2013 and 2014 financial years.
About 25 percent extra gas supply kicks in after Petronas Gas starts up its regasification plant in central Malaysia by end-January 2013, Affin said, helping Gas Malaysia lift revenue growth by 8.8 percent for both financial years.
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