ExxonMobil banks on local power generation

March 30, 2018

Dateline 2018-02-20, The Edge:

Over the years, ExxonMobil Inc has scaled down its operations here, being absent in the refinery and retail businesses. But there’s more to Malaysia for the oil major, said ExxonMobil Exploration and Production Malaysia Inc president and chairman Edward E Graham.

“We are still very active,” said Graham in an interview with The Edge Financial Daily. “Exploration still is [commercially viable]. There are areas that have yet to be explored in Malaysia, so that has some potential.”

…

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Pengerang — A game-changer

March 27, 2018

Dateline 2018-02-15, NST:

PENGERANG in Kota Tinggi, Johor, has an abundance of natural resources and unique landforms. It was a place when once upon a time bauxite was extracted and was also famous as a fishing area and for its lobsters.

There is also Desaru, a favourite beach haunt among locals and Singaporeans — at least until the mid-90s.

But despite the seasonal economic activities, not much can be said about the little sub-district. Just like other small “sleepy hollows”, revellers came and went and many young locals, in search of greener pastures, looked elsewhere outside Pengerang.

…

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Sarawak CM denies giving Petronas ultimatum

March 26, 2018

Dateline 2018-02-15, FMT:

The Sarawak Chief Minister’s Office has denied a posting on social media that cited Chief Minister Abang Johari Openg purportedly giving an ultimatum to Petronas.

“The office wishes to clarify that the chief minister has never issued such an ultimatum to Petronas though the onus is on Petronas to comply with the state law like any other companies with prospecting and mining interests in Sarawak.

…

 

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Malaysia renews Petronas CEO’s contract for another three years

March 25, 2018

Dateline 2018-02-13, Nasdaq:

The Malaysian prime minister’s office on Tuesday re-appointed Wan Zulkiflee Wan Ariffin as the chief executive officer of state energy firm Petroliam Nasional Bhd, or Petronas, for a second three-year term.

Wan Zulkiflee’s reappointment is seen as a vote of confidence in the company’s and his performance after presiding over a period of low energy prices. He was first appointed CEO in April 2015.

…

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Sarawak CM hints of plans to claim more oil, gas revenue

March 23, 2018

Dateline 2018-02-09, The Malaysian Insight:

CHIEF Minister Abang Johari Openg has given another hint that Sarawak will muscle in to claim more revenue from oil and gas for its coffers.

“I already have ideas (on generating more income), but I cannot reveal them today,” said Abang Johari, who is also president of Parti Pesaka Bumiputera Bersatu (PBB), the second-largest party in the ruling Barisan Nasional coalition, when jointly opening the PBB Women and Youth wings’ triennial delegates’ conference in Kuching today.

…

 

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Saturday Star 2018-03-17 – Job Opportunities

March 19, 2018

Happy post SPM survival week. IGL has pivoted into training, so book your seats now.

We’re thinking of republishing Young Turks of PETRONAS, but it’s a minimum 500 book printing run. Do I have enough interested persons to purchase?

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 have a feeling that The Star isn’t the preferred O&G job recruitment portal now, and they have moved adverts to another online presence (I bought a dead tree edition this week). I see more adverts via social media. What do you think, is it a step change that the papers need to embrace?
  • I’m looking for jobs for 3Q2018. Send me your POs.

Food choice of the week? I’ll think about it.

This week, may I suggest you have a peek at Dakwah Corner? They have branches in Subang Parade, PJ Section 14, Ampang Park (okay, forget about the Ampang Park branch)

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Posted by Wata

Applications for licences under TPA being processed

March 18, 2018

Darn it, I missed the boat.

Dateline 2018-02-04, The Sun Daily:

The Energy Commission (EC) has processed two liquefied natural gas (LNG) import licences and three shipping licences under the third party access (TPA) system which comes into effect on Jan 16, 2018.

Director of Gas Development and Regulation Roslee Esman said another firmed application for both LNG import and shipping licences was expected to be submitted in the third quarter.

Meanwhile, the TPA for natural gas is a system that makes it possible for third parties to access gas facilities that they do not own or operate.

Roslee said the Gas Supply Act (Amendment) 2016 and the introduction of the TPA provided more opportunities for industry players to participate.

“The EC encourages more suppliers (LNG import and shipping licensees) to apply for the licence but the market can be considered as being competitive once two or more shipping licensees participate in the market,” he told Bernama.

…

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CM: Sarawak will exert mining rights

March 17, 2018

Dateline 2018-01-30, Malay Mail Online:

The Sarawak state government said it will exert its mining rights, including oil mining, despite Petronas having the legal right to explore and mine for petroleum in state territorial waters.

Sarawak Chief Minister Datuk Patinggi Abang Johari Openg said mining was part of the rights of Sarawak enshrined in the Federal Constitution.

He said the state government has also directed Petronas to consult the state on the utilisation of gas from any new fields.

“This is to ensure that Sarawak has the first right of refusal in using the new sources of gas for the development of our oil and gas industries as well as the development of other industries in Sarawak,” he said in his speech at the special sitting to mark the 150th anniversary of the state legislative assembly.

…

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SMEs show mettle in tough environment

March 16, 2018

I need  mettle. And an inspiring article indeed.

Dateline 2018-01-29, NST:

Local small and medium enterprises (SMEs) from the oil and gas services and equipment (OGSE) industry are increasingly catching up in a playing field dominated by the major players of the industry, especially multinational companies (MNC) and larger scale players.

This is the case of four local companies, NGLTech Sdn Bhd and ProEight Technology Sdn Bhd, MIT Technologies Sdn Bhd and MTC Engineering Sdn Bhd, all showing promising value add in par with bigger players, both domestic and international.

NGLTech, a research and development (R&D) and process technology solutions provider, has successfully implemented and commercialised most of its 12 patented and patent pending home-grown technologies since its incorporation in 2009.

…

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Saturday Star 2018-03-10 – Job Opportunities

March 12, 2018

Happy IEM balloting week. IGL has pivoted into training, so book your seats now.

We’re thinking of republishing Young Turks of PETRONAS, but it’s a minimum 500 book printing run. Do I have enough interested persons to purchase?

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 have a feeling that The Star isn’t the preferred O&G job recruitment portal now, and they have moved adverts to another online presence (I bought a dead tree edition this week). I see more adverts via social media. What do you think, is it a step change that the papers need to embrace?
  • I’m looking for jobs for 2Q2018. Send me your POs.

Food choice of the week? I’ll think about it.

This week, may I suggest you have a peek at Dakwah Corner? They have branches in Subang Parade, PJ Section 14, Ampang Park (okay, forget about the Ampang Park branch)

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

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