PETRONAS Carigali Bars THHE’s Unit from Participating in Tenders

May 20, 2016

I think this is the first time that complaints about the quality of service providers moved from the whining stage to black and white. In case you didn’t know THHE is a subsidary of Tabung Haji.

Dateline 2016-04-05, Rigzone:

TH Heavy Engineering Berhad (THHE) reported Monday that its 70-percent owned unit THHE Fabricators Sdn. Bhd. (TFSB) had received a letter from PETRONAS Carigali Sdn Bhd in connection to TFSB’s ongoing contract for the procurement, construction and commissioning (PCC) of KNPG-B Topside PH II for the Kinabalu Non-Associated Gas (NAG) Development Project (Kinabalu Project) offshore Malaysia that was awarded Jan. 28, 2014.

PETRONAS Carigali stated in the letter that “due to performance related issues pertaining to the execution of the Kinabalu Project, TFSB will be excluded from participating in future PETRONAS Carigali’s tender for a duration of 2 years,” TTHE said in a filing with local stock exchange Bursa Malaysia.

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Posted by Wata

Sabah govt denies oil and gas project in Kudat

May 19, 2016

For you speculators.

Dateline 2016-04-04, The Star:

The Sabah government has denied a claim that an oil and gas project has been earmarked for Kampung Limau Limauan, Kudat.

Dismissing reports, State Deputy Chief Minister Datuk Raymond Tan Shu Kiah (pic) said even though a 485-hectare site had been allocated for an industrial development in Kudat, the state government had not made any decision to develop any o and g projects in the area.

“The state government or any of its agencies has not given any approval to Borneo Petroleum  and  Petrochemical Sdn Bhd (BPP) to undertake any form of development on the land.

“A claim made by BPP that it is working in partnership with the Sabah Economic Development Corporation (Sedco) is false.

…

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Posted by Wata

Shout Out – Talk on “Enhanced Oil Recovery in Malaysia – Challenges”

May 17, 2016

My technical division will be hosting a talk on the 18th May, 2016. It is worth 2 CPD points, and held at Wisma IEM. The talk will be presented by Ir. Razak Yakob. Please come, or I’ll be beaten up in a dark alley.

In order to sustain the local production EOR is one of the major agenda in our Economic Transformation Program.  It is one of the 13 Entry Points Project that supports the Oil, Gas and Energy NKEA (National Key Economic Areas).  Even with the high recovery factor, EOR is still a very challenging program to be implemented in Malaysia due to the offshore environment, formation characteristics, high investment cost, and expertise availability.  This talk shall focus on sharing the knowledge of what EOR is and the challenges of implementing it in Malaysia.

Ir. Razak Yakob was the Well Delivery Manager for the Enhanced Oil Recovery Centre (EORC) in 2012/2013. He was also the Senior Drilling Engineer for a Risk Service Contract Project in 2014/2015.  Razak has been in the oil and gas industry for 19 years working for companies such as ExxonMobil, Halliburton, Talisman Energy, Petronas Carigali and EQ Petroleum/Uzma Engineering.

His core expertise is in Drilling Engineering with the working experiences spanning from development and exploration, technical support, training, competency development, finance and consultancy. As an independent consultant, he has worked in many parts of the world. He was a graduate of Colorado School of Mines in the United States with a degree majoring in Petroleum Engineering and a minor in Mechanical Design.

Register here, or download the form here.

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

Saturday Star 2016-05-14– Job Opportunities

May 16, 2016

Happy Visit Banjarmasin week. Donate to your favorite charity (me), buy my recommendations, or through my Amazon store. Or get the Young Turks series (3 books until I can get YTP republished). Where are those corporate sponsors? Or throw donations at me, my camera dive case flooded, and I need a new replacement. Heck, if you want to send me a Canon 5D Mk III plus dive case, I will not say no.

  • A mate of mine is looking for a MD/EngMan type person to help run his engineering company (the main business is skid manufacturing). He can’t handle the work volume, so you know that his oil & gas company is bucking the trend, and has a bright future ahead. If I know you, send your CV’s to me. If I don’t know you, send your CV along anyway, but note I will contact your references. I am not getting a commission for this ad, you know.
  • I’m looking for jobs for 3Q2016. Send me your POs.
  • Nothing in the papers this week.

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!

Food choice of the week? Any weight loss diet.

Let’s get a bit nostalgic with the book selection.

Wetter, Louder, Stickier: A Baby Blues Collection (Baby Blues Scrapbook), BBXX: Baby Blues: Decades 1 & 2, Bedlam

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

O&G firm, varsity ink research and talent development pact

May 15, 2016

Dateline 2016-03-30, The Star:

Shell MDS Sdn Bhd (SMDS) and Universiti Malaysia Sarawak (Unimas) have once again strengthened their ties through the signing of a Memorandum of Understanding (MoU) for research and talent development.

Unimas vice-chancellor Prof Datuk Dr Mohd Kadim Suaidi said Unimas placed important focus in the oil and gas industry because it produced graduates from that industry.

“We produce research product or activities from oil and gas industry, therefore we need an industry partner to look at all these things together with us. We have established an industry and community engagement office which focuses on industry engagement. The collaboration with SMDS is something that I look forward to,” he said during the MoU signing ceremony at Wisma Bapa Malaysia.

…

 

 

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Posted by Wata

Oil services groups ditch Singapore for Malaysia

May 14, 2016

Now, will they move back to Singapore once prices recover? Is the rakyat paying for incentives to entice companies with more loyalty to their wallets then long term benefits to the Golden Chersonese?

Dateline 2016-03-27, FT.com:

Multinational oil services companies are pulling staff out of Singapore and relocating to neighbouring Malaysia to cut costs, in a further sign of the damage being inflicted on the city-state by the crude price slump.

Businesses that have relocated to the Malaysian capital of Kuala Lumpur over recent months include McDermott, Technip, and Subsea 7.

…

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Posted by Wata

Former Malaysia PM Abdullah Badawi replaces Mahathir as adviser to state oil giant Petronas

May 13, 2016

Old news, but hey…

Dateline 2016-03-25, Straits Times:

Former Malaysian Prime Minister Tun Abdullah Ahmad Badawi has been endorsed by the Cabinet as the new adviser to state oil and gas company Petronas, Premier Najib Tun Razak announced on Friday (March 25), replacing another former premier Tun Dr Mahathir Mohamad whose services were terminated earlier this month.

Tun Abdullah’s appointment is effective April 1, Malaysia media reported.

“The decision to terminate the appointment of Tun Dr Mahathir Mohamad was made by the Cabinet since he was no longer supporting the present government, especially with the launch of ‘Deklarasi Rakyat’ (Citizen’s Declaration) together with opposition leaders,” Najib said in a statement reported by state news agency Bernama.

…

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

Calls for consolidation in O&G sector

May 12, 2016

If you want to buy IGL for 3 times its projected sales, be my guest.

Dateline 2016-03-26, Borneo Post:

A large chunk of major players in the oil and gas (O&G) industry have accepted the new norm of low oil prices whereby exuberance is no longer tolerable and are taking multiple initiatives to optimise their cost structures.

According to Hong Leong Investment Bank Bhd (HLIB Research) this comes amidst calls for further consolidation in the industry.

“To put it into perspective, there are 3,000 O&G companies registered in Malaysia while Norway, with similar production volume, has only about 700 registered companies, pointing to ample room for companies in Malaysia to consolidate,” it detailled in a report yesterday.

To put things in perspective, Petronas has launched Coral 2.0 initiative to save costs and improve efficiencies. Schlumberger, on the other hand, has looked at further optimisation in its business involving reduction of Non Performing Time (NPT) through widening scope of work on per staff basis.

…

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

Shout Out – Talk on “Enhanced Oil Recovery in Malaysia – Challenges”

May 10, 2016

My technical division will be hosting a talk on the 18th May, 2016. It is worth 2 CPD points, and held at Wisma IEM. The talk will be presented by Ir. Razak Yakob. Please come, or I’ll be beaten up in a dark alley.

In order to sustain the local production EOR is one of the major agenda in our Economic Transformation Program.  It is one of the 13 Entry Points Project that supports the Oil, Gas and Energy NKEA (National Key Economic Areas).  Even with the high recovery factor, EOR is still a very challenging program to be implemented in Malaysia due to the offshore environment, formation characteristics, high investment cost, and expertise availability.  This talk shall focus on sharing the knowledge of what EOR is and the challenges of implementing it in Malaysia.

Ir. Razak Yakob was the Well Delivery Manager for the Enhanced Oil Recovery Centre (EORC) in 2012/2013. He was also the Senior Drilling Engineer for a Risk Service Contract Project in 2014/2015.  Razak has been in the oil and gas industry for 19 years working for companies such as ExxonMobil, Halliburton, Talisman Energy, Petronas Carigali and EQ Petroleum/Uzma Engineering.

His core expertise is in Drilling Engineering with the working experiences spanning from development and exploration, technical support, training, competency development, finance and consultancy. As an independent consultant, he has worked in many parts of the world. He was a graduate of Colorado School of Mines in the United States with a degree majoring in Petroleum Engineering and a minor in Mechanical Design.

Register here, or download the form here.

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

Saturday Star 2016-05-07– Job Opportunities

May 9, 2016

Happy FSA week. Donate to your favorite charity (me), buy my recommendations, or through my Amazon store. Or get the Young Turks series (3 books until I can get YTP republished). Where are those corporate sponsors? Or throw donations at me, my camera dive case flooded, and I need a new replacement. Heck, if you want to send me a Canon 5D Mk III plus dive case, I will not say no.

  • I’m looking for jobs for 3Q2016. Send me your POs.
  • Nothing in the papers this week.

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!

Food choice of the week? Any weight loss diet.

Let’s get a bit nostalgic with the book selection.

Wetter, Louder, Stickier: A Baby Blues Collection (Baby Blues Scrapbook), BBXX: Baby Blues: Decades 1 & 2, Bedlam

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

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