Petronas will fold if Pakatan takes over

April 30, 2012

Dateline 2012-04-09:

Deputy Prime Minister Muhyiddin Yassin today ridiculed Pakatan Rakyat’s plan to abolish the students’ loan scheme and offset it using the oil income, saying the idea would bankrupt the country’s oil company Petronas.

He called the idea mooted by Opposition Leader Anwar Ibrahim an irresponsible populist measure proposed without considering the repercussions.

Weak exports and domestic market makes oil Malaysia’s major income contributor. Muhyiddin claimed Petronas would have to spend as much as RM43 billion to offset the loans, something the country can’t afford.

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O&G Industry Set To Stimulate Sabah’s Growth In North Asia, BIMP-EAGA

April 29, 2012

Dateline 2012-04-09:

The oil and gas industry is set to play a leading role in stimulating growth for Sabah within the North Asia and the Brunei-Indonesia-Malaysia-Philippines East Asia Growth Area (BIMB-EAGA), said Chief Minister Datuk Seri Musa Aman.

He said Sabah is strategically located between the two major economic regions.

“One is the affluent markets of North Asia including Japan, Korea, Taiwan, Hong Kong and China, and second is the growth of developing markets within the BIMP-EAGA,” he said in his remarks when opening the 2012 Sabah Oil and Gas Conference and Exhibition here Monday.

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Esso petrol station operators face supply shortage

April 28, 2012

Dateline 2012-04-09:

Esso station operators in the Klang Valley claim that their businesses have been affected when they did not receive petrol and diesel supplies from the oil company lately.

The disruption in the supply of the commodity raised questions among operators of the petrol stations whether the problem was linked to the change in management following the take-over of Esso Malaysia Bhd by Petron Oil and Gas International Sdn Bhd.

Petron Oil and Gas International, a unit under San Miguel Corporation, acquired 65 percent interests in ExxonMobil International Holdings Inc including Esso petrol stations and the Esso oil refinery in Port Dickson in the transaction that was reported to have been concluded on March 30.

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Anwar: Oil profit enough to cover education bill

April 27, 2012

Dateline 2012-04-08:

Datuk Seri Anwar Ibrahim has insisted that Malaysia’s oil revenue could cover shortages in the country’s education bill, dismissing Datuk Seri Najib Razak’s claim yesterday that abolishing a federal student loan scheme would cost taxpayers RM43 billion.

The opposition leader, speaking at a rally in Stadium Melawati here last night, also disputed the figure given by Najib and said his calculations were much lower.

The prime minister was reported as saying yesterday that Anwar’s proposal to abolish the National Higher Education Fund Corporation (PTPTN) loan scheme was not feasible as it would cost the government RM43 billion, thus incurring an additional tax burden on Malaysians.

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IEM Shout Out – Technical Visit to Sirim Berhad Bio-Cosmetics Facility, Shah Alam

April 26, 2012

This is a shout out for the IEM. My Technical Division will be hosting a visit on the 16th May, 2012. It’ll start at 2:30pm and is worth 2 CPD hours. Come on, metrosexuals. You know you want to.

This technical visit will provide participants insights to the bio-cosmetics research and testing conducted by SIRIM Berhad to ensure safety of the users. The visit will highlight the complete lab and facilities available at the Center to develop cosmetic and topical products starting from lab scale to pilot production. The facilities include the extraction and purification labs, the safety and biocompatibility lab, the product formulation lab, the extraction and fermentation pilot plant facilities and the Cosmetic GMP Pilot Plant.

Register here or download the form here.

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Petronas’ Rapid Project Progresses As Scheduled

April 25, 2012

Dateline 2012-04-05:

Petronas said today its proposed Refinery and Petrochemical Integrated Development (RAPID) project, to be located in Pengerang, Johor, is progressing as scheduled.

In a statement, Petronas said RAPID’s proposed refinery would have a capacity of 300,000 barrels per standard day and it would supply feedstock for RAPID’s petrochemical complex as well as produce gasoline and diesel that meet European specifications.

The RAPID project aimed to capitalise on the growing need for speciality chemicals and to meet the demand for petroleum and commodity petrochemical products in the Asia Pacific region by 2016.

First announced by Prime Minister Datuk Seri Najib Tun Razak on May 13, 2011, the project has achieved several important milestones in the past few months.

Following the announcement, a detailed feasibility study on the proposed project was undertaken and completed in October 2011, it said.

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Fluor Wins FEED Contract for LNG Terminal in Malaysia

April 24, 2012

Dateline 2012-04-02:

Fluor Corporation announced today following a formal signing ceremony in Kuala Lumpur, Malaysia, that it was awarded a contract by PETRONAS Gas Berhad, a subsidiary of PETRONAS, to provide front-end engineering and design (FEED) services for a new liquefied natural gas (LNG) regasification terminal in Malaysia. The new terminal will supply gas to an adjacent 300-megawatt combined cycle power plant in the town of Lahad Datu, Sabah. Fluor booked the undisclosed contract value in the first quarter of 2012.

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IEM Shout Out – 2 Day Course on Welding Codes and Standards for Engineering Applications

April 23, 2012

This is a shout out for the IEM. My Technical Division will hosting a course on the 23rd and 24th May, 2012. It will be held at TUS room, Wisma IEM, Petaling Jaya.  The course is worth 13.5 CPD or PDP points.

This course is designed to provide an appreciation of ASME and ISO welding codes and standards to those engineers involved in manufacturing and fabrication industries using arc welding technologies. Its objective is to help engineers understand how to apply these welding codes and standards to ensure the welds meet the quality requirements set by these codes and standards. The course will also provide general guidelines in applying and interpreting the rules along with case study.

  • Receive overview of ASME and ISO welding codes and standards
  • Understand the importance of qualification test in ensuring weld quality
  • Understand the background of rules and qualification range and destructive and non-destructive tests required for qualification test
  • Understand the process and approach to qualify a welding procedure specification and welder in the most cost effective and practical way
  • Understand the background of qualification range of welding procedure specification and welder qualification
  • Application of qualification range to maximise the benefits of welding procedure specification and welder qualification
  • Understand the approach to validate a welding procedure specification with respect to welding and fabrication standards and project specification.
  • Understand the weld quality requirements to improve effectiveness.

Please register here. You can download the registration form here.

A map to Wisma IEM is presented here. It’s the building labelled ‘Putri Nursing College.’

I appeal to readers, come on and send yourselves and staff to these courses. I need the support.

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IEM Shout Out – Talk on Bio-Cosmetics Process and Safety Aspects

April 22, 2012

This is a shout out for the IEM. My Technical Division will be hosting a talk on the 19th May, 2012. It’ll start at 10.00am and is worth 2 CPD hours.

The Chemical Engineering Technical Division (CETD) is planning to organize a talk on Bio-Cosmetics Product Development – From R and D to Market. The talk shall include topics such as extraction, bioactivity studies, safety and toxicology evaluations, product development and efficacy study. The speaker will be sharing her experiences in developing cosmetics products utilizing natural active ingredients sourced from local ginger species from bench scale to commercialization.

Dr Zanariah bt Ujang is currently the Head of Marketing & Sales for The Research & Technology Development Division of SIRIM Berhad. She is responsible for marketing and new business development in the areas of industrial biotechnology, renewable energy, environmental technology and advanced materials. She graduated with a B Sc in Chemical Engineering from The University of Toledo, Ohio in 1984 and later obtained her M Sc in Process Engineering in 1994 and PhD in Chemical & Process Engineering in 1998 from The University of Strathclyde UK. After graduating from her PhD study, Dr Zanariah was appointed as a Principal Researcher at the Chemical and Industrial Biotechnology Center of SIRIM Berhad. She was responsible for setting up the cosmeceutical R & D program in SIRIM Berhad and has more than 15 years research experience in the field of industrial biotechnology and natural product development. Among her research interests and areas of expertise are in:

  • Biocatalysis – developing enzymatic processes for the production of fine and specialty chemicals
  • Biopolymers – developing natural polymers for wound management application
  • Bioactives – developing natural based active ingredients for cosmetic and topical therapeutic application
  • Nano lipid delivery systems for bioactive compounds

Register here or download the form here.

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Petra Energy, Baker Hughes ink O&G pact

April 22, 2012

Dateline 2012-04-08:

Integrated oil & gas brown field services provider, Petra Energy Bhd, and high performance drillng services firm, Baker Hughes (M) Sdn Bhd, have entered into a memorandum of understanding (MoU) to undertake oil & gas (O&G) projects in Malaysia.

Under the terms of the MoU, both companies will co-operate to provide capability development services, including deploying their respective expertise and knowledge, for oil & gas project operators in Malaysia, Petra Energy said in a statement today.

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