Perak natural gas project to be completed mid-2020

October 8, 2019

Dateline 2019-08-23, The Edge:

About 77 percent of Perak’s natural gas pipeline project, which stretches for 140 km from Ayer Tawar, Manjung to Lembah Kinta has been completed, and is expected to be ready by the middle of next year.

Gas Malaysia Bhd chief executive officer Ahmad Hashimi Abdul Manap said so far, six factories in Perak had benefited from the project.

“We hope to get up to 40 industry customers. The most important thing is the completion of the project,” he told a press conference during a visit to Nihon Canpack (M) Sdn Bhd’s factory here, today.


IEM Shout Out – 2019-11 Technical Visit to Lynas

October 3, 2019

My technical division (and others) will be hosting a visit on the 2nd November, 2019.

Lynas Corporation Ltd is an Australian Stock Exchange 200 listed company. Its strategy is to create a reliable, fully integrated source of Rare Earths from mine through to market, and to become the benchmark for the security of supply and environmental standards in the global Rare Earths industry. Rare Earths are moderately abundant group of 15 metallic elements known as the Lanthanide series. These Rare Earths are playing a pivotal role in greenhouse gas reduction, are enablers of digital technology and its miniaturisation and are also supporting the uptake of energy efficient initiatives.

Lynas Advanced Materials Plant (LAMP), situated in Kuantan, Pahang is a state-of-the-art Rare Earths processing plant that process Rare Earths sourced from Mount Weld in Western Australia, the richest known deposit of Rare Earths in the world. The visit aims to enlighten participants of the properties of Rare Earths, their use and the daily operational aspects of LAMP.

PERNEPA ENGINEERING & MARITIME SERVICES SDN BHD (PEMS) 

Pernepa Engineering & Maritime Services Sdn Bhd (Persatuan Nelayan Pahang) (Kuantan Slipway) is providing complete facilities for building, repair and maintenance of medium size commercial, leisure and administrative vessel.

Participants will be familiarised among others, with the various types of vessel docking and new building, the facilities and services provided by the company.

Register here, or download the form here.


Sabah’s gas, oil boost the GDP

September 18, 2019

Dateline 2019-08-15, Daily Express:

Production from natural gas fields mostly off East Malaysia and the East Coast of West Malaysia is boosting the country’s GDP into the second quarter of 2019.
Stronger mining output came mainly from higher natural gas production which rose 13pc year-on-year in June, 2019, being the end point of the first quarter of 2019 (+7.6pc year-on-year in May).
This compensated for the poor output in crude oil which dropped -3.7pc year-on-year in June, (-2pc year-on-year in May).
Natural gas output has been in the positive since March while mining crude oil production has been in the negative growth trajectory since January 2019.


Widodo moots JVs of state oil firms with Malaysia

September 17, 2019

Dateline 2019-08-09, Menafn:

The state oil companies of Malaysia and Indonesia could co-operate or even merge to expand their businesses together, Indonesian President Joko Widodo said yesterday during a state visit to Kuala Lumpur.
Asked during an interview if he had considered the prospects of co-operation between Petroliam Nasional Bhd (Petronas) and Pertamina, Widodo said: ‘(It) can be. Petronas and Pertamina could collaborate or be merged as one to become a large enterprise with more capacity, capital and equity.


Minister says updating data on petrol subsidy for eligible Malaysians

September 16, 2019

Dateline 2019-08-09, Malay Mail:

The Ministry of Domestic Trade and Consumer Affairs is updating data on recipients of the petrol subsidy programme from the lower-income group (B40) to ensure that only those who are eligible receive such assistance.

The Minister, Datuk Seri Saifuddin Nasution Ismail, said a good data is when no recipients who are eligible are left out.

“We need to be clear who the target recipients are and the criteria required to qualify for the aid. All these must be developed and the target recipients must be identified,” he told reporters at a credential-presentation ceremony for Sabah and Labuan Parliamentary Consumerism Coordinators here, yesterday.

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IPC updates infill well campaign offshore Malaysia

September 14, 2019

Dateline 2019-08-06, Offshore:

International Petroleum Corp. has issued a progress report on the current third phase of infill drilling on the Bertam field offshore Peninsular Malaysia, which started in June.

So far two infill landing pilots have been completed with results in the A-15 area above expectations, but worse than anticipated in the A-14 area.

 


Growing opportunities for O&G companies in new energy space

September 13, 2019

Dateline 2019-08-02, Malaysian Reserve:

THE worldwide push towards a sustainable and greener future is creating new growth opportunities for Malaysian oil and gas (O&G) companies looking to tap into new and diversified income streams.

Malaysia’s pledge to reduce its carbon emissions and increase its renewable energy (RE) mix in the not-too-distant future is carving out new economic opportunities for local players.

The O&G sector is among industries showing tentative, but nascent signs of growth in the new energy space as a means to tap into new markets, while diversifying its revenue base.