IEM Shout Out – 2019-08 Talk on “Fixed Offshore Structures”

July 31, 2019

My technical division will be hosting a talk on the 3rd August 2019 by Dr. Ir. Rafee Makbol Mohamed Ali. It is worth 2 CPD points, and held at Wisma IEM.

An offshore installation for the oil and gas industry is typically designed for specific duration that subjects to reservoir capacity and recuperation of CAPEX. For some installations in which the outputs are still good in production and found to be above the initial estimate, the Owner tends to extend the platform operation within the specific duration after the expiry of the design life. The platform life extension offers the opportunity to maximise the value of capital investment by minimising the net cost of new field new development. The approach not only a means of developing a field on a faster schedule but also a cost-effective manner especially for re-use and making installations in marginal fields viable and sustainable.

Structural requirements and design parameters for platform integrity will be discussed as in some countries, platform life extension requires certification and approval by National Regulatory Body. Therefore, the present offshore installation has to fulfil the latest Codes guidelines and to have sufficient strength to account for the latest change in environmental conditions.

Dr. Ir. Rafee Makbol Mohamed Ali is a Structural Engineer with over 29 years of experience in fabrication, design, installation and certification of offshore installations. He started his career working in fabrication then had joined several design Consultants in Kuala Lumpur prior to pursuing PhD at Imperial College London. He then joined Atkins (UK) as Lead Structural Engineer for design of wind farm substations and metrological platforms. Left UK to joint Independent Verification Body (IVB) in KL as Team Leader/Structural Specialist for certification and validation of offshore installations and later was with Oil & Gas Design Consultant Company as Lead Structural Engineer..

Register here, or download the form here.

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International Petroleum Corporation announces commencement of drilling program in Malaysia

July 30, 2019

Dateline 2019-06-25, Oil & Gas 360:

International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that it has commenced drilling of the first well in a planned multi-well drilling program on Block PM307, located offshore Peninsular Malaysia. IPC is the operator of Block PM307 and holds a 75% working interest, with Petronas Carigali Sdn Bhd holding the remaining 25% working interest.

The PM307 drilling program is planned to consist of two infill landing pilot wells in the southeastern and northeastern areas of the Bertam field, followed by the Keruing exploration well and three Bertam field infill wells. The first pilot well will test the upside potential in the northeastern A15 area, which could lead to an additional infill well being added to the 2019 program in the success case.

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‘O&G business, ecosystems must be restructured to meet future economic needs’

July 27, 2019

Dateline 2019-06-25, The Edge:

To meet future economic needs, the oil and gas services and equipment (OGSE) business as well as the industrial ecosystems must be restructured to remain relevant and competitive, said Minister of Economic Affairs Datuk Seri Mohamed Azmin Ali.

In a special address at the 20th Asia Oil & Gas Conference 2019 yesterday, Mohamed Azmin said the first National OGSE Industry Blueprint Study will be included in the 12th Malaysia Plan, with the aim of elevating the competitiveness of local players, subsequently promoting long-term resilience and industry sustainability.

“The impact of the new industry reality will be felt across various dimensions, from future economic models to human capital and new skill sets to adoption of new technologies. Disruptive forces and future trends will make it imperative for companies to relook their business models and future-proof existing strategies in order to stay competitive,” Mohamed Azmin added.

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‘Chart new energy solutions’

July 26, 2019

First solution: use less of it, more efficiently. Cool biz and Dr M bush jackets rule.

Dateline 2019-06-25, The Star:

Countries in Asia must explore options to improve energy efficiency and affordability by diversifying its energy mix to address concerns over the sustainability of global economic growth, says Tun Dr Mahathir Mohamad.

The Prime Minister called upon industry leaders to enter into strategic dialogues on the challenges facing the industry, especially the possibility of opening new avenues for collaboration that tap into the knowledge and expertise of other sectors aimed at innovating new energy solutions.

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Malaysia: Potential Future Gas Shortfall Should Spur Investment

July 25, 2019

Didn’t we have gas shortfalls in the late 90s?

Dateline 2019-06-25, Maritime Executive:

Malaysia offers some of the most material and attractive upstream investment opportunities in Southeast Asia, primarily due to the need for additional gas supply.

According to research by natural resources consultancy Wood Mackenzie, the multiple breakdowns in the Sabah-Sarawak gas pipeline and a delayed final investment decision (FID) on the large Kasawari offshore gas project have resulted in short-term supply crunch to the Bintulu MLNG plant. This supply shortage is expected to continue though to at least 2025, when major new fields are likely to be brought onstream. These include Jerun, Timi, Rosmari, Marjoram and Kasawari.

“This is a golden opportunity for upstream players to swiftly bring gas onstream and jump ahead of the queue: either in the form of increasing existing production, or by developing smaller discoveries to tie into existing infrastructure. But speed is the key,” said upstream research director Angus Rodger.

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Vitol building low-sulphur fuel refinery near Malaysia’s PTP

July 24, 2019

Dateline 2019-06-25, Splash247.com (sounds like a men’s magazine):

Vitol, the world’s largest independent oil trader, is building a small oil refinery at its storage terminal in Malaysia to supply low-sulphur fuel for ships.

The facility will be able to process 30,000 barrels per day and is located just opposite the Port of Tanjung Pelepas, overlooking western Singapore.

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Gas issues could spur exploration offshore Malaysia

July 23, 2019

Dateline 2019-06-24, Offshore:

Malaysia’s need for additional gas supplies could trigger a new round of upstream investment in Southeast Asia, according to Wood Mackenzie.

There have been multiple breakdowns in the Sabah-Sarawak gas pipeline and Petronas’ large Kasawari gas project offshore Sarawak has still to receive the go-ahead.

This has resulted in a short-term supply problem for Malaysia’s Bintulu MLNG plant, and the shortage could continue until at least 2025, when new fields are due to come onstream such as Kasawari, Jerun, Timi, Rosmari, and Marjoram.

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International Petroleum Corporation announces commencement of drilling program in Malaysia

July 22, 2019

Dateline 2019-06-25, Global News Wire:

International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that it has commenced drilling of the first well in a planned multi-well drilling program on Block PM307, located offshore Peninsular Malaysia. IPC is the operator of Block PM307 and holds a 75% working interest, with Petronas Carigali Sdn Bhd holding the remaining 25% working interest.

The PM307 drilling program is planned to consist of two infill landing pilot wells in the southeastern and northeastern areas of the Bertam field, followed by the Keruing exploration well and three Bertam field infill wells. The first pilot well will test the upside potential in the northeastern A15 area, which could lead to an additional infill well being added to the 2019 program in the success case. The second pilot well will target the southeastern A14 area with the aim to confirm commercial quantities of hydrocarbons and to act as a landing pilot to de-risk development drilling. The Keruing exploration well will target a prospect in the I-35 reservoir, approximately 600 metres shallower than the Bertam field.

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Petronas poised to power up off Brunei

July 21, 2019

Dateline 2019-06-21, Upstream Online:

Malaysian operator Petronas is expected to approach the market soon seeking contractors to provide subsea facilities for development of the Kelidang Cluster in Block CA-2 off Brunei, moving a step closer to anticipated first production at the deep-water natural gas field in late 2021 or early 2022.

Industry sources with direct knowledge of the field development told Upstream that the state-owned company will award Norway’s Aker Solutions a contract to start on the front-end engineering and design for the Kelidang Cluster scheme, which includes a subsea production system and subsea umbilicals, risers and flowlines.

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Challenges remain for sour gas field project

July 20, 2019

Dateline 2019-06-21, Upstream Online:

Exploiting the estimated 3.2 trillion cubic feet of recoverable gas reserves hosted in the Kasawari sour gas field off Malaysia has been a long time coming and there are still hurdles to be overcome, writes Amanda Battersby.

Operator Petronas originally targeted a 2019 start-up date for Kasawari with peak production of 900 million cubic feet per day envisaged. However, it now seems likely that the final investment decision will not be taken until the middle of next year at the earliest.

Among the challenges, industry sources suggested Petronas could yet return to the market with another open tender process if it cannot agree an acceptable price for the large central processing platform with preferred contractor Malaysia Marine & Heavy Engineering.

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