IEM – Visit to Technical Visit to Centre Of Enhanced Oil Recovery (EOR) And Offshore Engineering Centre Of Universiti Teknologi Petronas

April 14, 2015

My technical division is organising a trip to the wilds of Tronoh on the 24th April, 2015. It’s worth 4.5 CPD points. Go.

The Centre of Research in EOR was established in Universiti Teknologi Petronas (UTP) in year 2006 to promote excellence in EOR research that mostly addresses the needs of industry and to manage laboratory services. Research in the area has continuously expanded at UTP since 2006. Most EOR research projects are conducted by the petroleum engineering staff and the topics are mostly conventional topics such as subsurface fluid flow, rock fluid interactions etc.  In addition, there is an increasing interest from non-petroleum engineering researching EOR chemicals, application of waves, advanced materials among others.

You can register here, and grab the brochure here.

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Saturday Star 2015-04-11 – Job Opportunities

April 13, 2015

Happy Last Service Tax week. Please don’t audit me. Buy my recommendations, or through my Amazon store. Or get the Young Turks series (all 4 books). Where are those corporate sponsors? Or throw donations at me.

  • I say that when the design houses execute a mass firing campaign, the trade papers should pick it up. What say you, R?
  • An associate of mine is looking for a senior level instrument engineer, 10 years in the position (no, not position 23b, second variant). Send your CV to me. As per my Facebook posting, idiotic applications, straight to /dev/null.
  • An associate of mine is looking for:  Project Control Manager ( 15 years’ experience in Oil and Gas and 5 years in respective function), Lead Construction Engineer -Mechanical Static ( 10 years’ experience in
    Oil and Gas and 3 years in respective function) 3. Lead Construction Engineer -Mechanical Piping ( 10 years’ experience in Oil and Gas and 3 years in respective function) 4. Lead Construction Engineer –Electrical ( 10 years’ experience in Oil and Gas and 3 years in respective function) 5. Lead Construction Engineer -Civil ( 10 years’ experience in Oil and Gas and 3 years in respective function).
  • An associate of mine is looking for a technical safety part-time adviser. Needs to be needle sharp with respect to QRAs, and HSE safety cases. A calm demeanor to handle nonsensical questions from young engineers helps as well. Either that, or a drinking problem.
  • Hess is still looking for a measurement and allocation engineer. I saw that the ITB is still floating around. If you want me, you know where to find me. Not Celebrity Fitness, if you need a hint.
  • Nothing else 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? How if you visit Vietnam, how about visiting Alai in Melaka?

As crude prices are low, you need all the help you can get to nail that elusive 2k job:

Social Engineering: The Art of Human Hacking, Ghost in the Wires: My Adventures as the World’s Most Wanted Hacker, The Art of Deception: Controlling the Human Element of Security

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Posted by Wata

O&G consolidation should be in the works

April 12, 2015

Is this part of CORAL 2.0.1? And, no, this company hijacked the name, pretty much like that dark horse IGL.

Dateline 2015-02-21, The Star:

JUST over six months since the oil price collapse, the industry should be entering its consolidation phase.

For those still believing that the oil price collapse is not having any major changes to the industry, consider the following: speculation is rife that oil giant BP could be a takeover target for ExxonMobil, something that would have been unlikely just a while ago. And in China, officials are hatching a plan to form mega-mergers among the big state oil companies there, partly to produce greater efficiencies at a time of low oil prices.

In Malaysia, the many oil and gas (O&G) service providers that have mushroomed over the years were built on assumptions of a much higher oil price.

In other words, their cost structure does not suit the current environment.

Ideally, they should be restructuring themselves by drastically reducing their cost structure. But business owners will tell you that this is far from an easy endeavour.

…

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RM2.1bn Petronas ang pow just for Sarawak

April 11, 2015

Really? I am looking forward to the RM2.1bn ang pow to support local, bumiputra SMEs and young engineers, and payouts to whistleblowers as to which foreign worker engineer is not registered with the BEM.

Dateline 2015-02-21, Free Malaysia Today:

Oil and gas contractors in Sarawak have been given a RM2.1 billion “ang pow” from Petronas, to be given every year.

The figure is the value of yearly contracts that will be set aside by the national oil corporation exclusively for oil and gas contractors in the state, Star Online reported today.

Assistant state communications minister Lee Kim Shin was reported to have disclosed this at the Chinese New Year open house of Sarawak United People’s Party.

…

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New man Wan Zulkiflee to helm Petronas in challenging times

April 10, 2015

Dateline 2015-02-10, The Malay Mail (I loved the old printed editions):

Malaysia named Datuk Wan Zulkiflee Wan Ariffin, a long-time company veteran, to lead its state oil producer, handing him the job of dealing with the slump in crude prices that’s eating into revenue the government needs to narrow its budget deficit.

The plunge in the price of crude since June has left Malaysia exposed as oil and natural gas products make up about 22 per cent of exports. That means belt-tightening at the company, known as PETRONAS, and by extension, the government.

About 30 per cent of the government’s 225 billion ringgit revenue in 2014 was oil related, including a RM29 billion dividend from Petronas, according to the finance ministry.

…

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Oil and gas man ready to spill details on Tanjung Offshore

April 9, 2015

Dateline 2015-02-09, Malaysian Insider:

Low-profile oil and gas player Tan Sri Tan Kean Soon, who shot to prominence for the wrong reasons, has broken his silence over certain allegations at Tanjung Offshore Bhd.

In refuting reports in the media the last fortnight, Tan said he would soon tell his side of the story so that shareholders would get the full picture.

Tan, a non-independent director of Tanjung Offshore, has been suspended from his executive position in the largely oil and gas company along with another senior official, Muhammad Sabri Abdul Ghani, after the latter’s independent committee completed its findings over possible conflicts of interests and breaches of fiduciary duties.

…

 

 

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Marketing Rounds – Night Muchies

April 8, 2015

Nasi Padang in Lubuklinggau.

IMG_20150128_194359 IMG_20150128_195507 IMG_20150128_204547_HDR

 

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Saturday Star 2015-04-04 – Job Opportunities

April 6, 2015

Happy Last Service Tax week. Please don’t audit me. Buy my recommendations, or through my Amazon store. Or get the Young Turks series (all 4 books). Where are those corporate sponsors? Or throw donations at me.

  • White Quest is looking for a Principal Eng, HSE & Risk Manager, and a Senior Eng. Email them here.
  • Oh yeah, Wood Group Kenny is looking for a GM /MD. What happened to your old one? I’d like to join the company he went to. Email them here.
  • An associate of mine is looking for a technical safety part-time adviser. Needs to be needle sharp with respect to QRAs, and HSE safety cases. A calm demeanor to handle nonsensical questions from young engineers helps as well. Either that, or a drinking problem.
  • Vestigo is here, Vestigo is here. Are they so ashamed that they are a PETRONAS linked company that they didn’t use .com.my for their web presence? If you think you are a hotshot Safety Manager, apply here. But I can’t get a ping at their web address, so snail mail to The Human Resources Department, Vestigo Petroleum Sdn Bhd, Level 3, Bangunan Getah Asli, 148 Jalan Ampang, 50450 Kuala Lumpur. Oo, and if you check the advert, your use of ‘incumbent’ is wrong.
  • Hess is still looking for a measurement and allocation engineer. I saw that the ITB is still floating around. If you want me, you know where to find me. Not Celebrity Fitness, if you need a hint.
  • Nothing else 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? How if you visit Vietnam, how about visiting Alai in Melaka?

As crude prices are low, you need all the help you can get to nail that elusive 2k job:

Social Engineering: The Art of Human Hacking, Ghost in the Wires: My Adventures as the World’s Most Wanted Hacker, The Art of Deception: Controlling the Human Element of Security

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

Malaysians paid over RM1b in hidden fuel taxes since December, MP claims

April 5, 2015

And the problem of hidden fuel taxes is?

Dateline 2015-01-30, Malay Mail Online:

Malaysians have unknowingly paid more than RM1 billion in taxes to Putrajaya over the past two months as pump prices remain on a controlled float, an opposition lawmaker claimed today.

PKR’s Pandan MP Rafizi Ramli alleged that road users across the country have been paying above market price for the commodity, even after the complete removal of subsidies, due to the plunge in global crude oil prices.

“Because the rakyat continue to pay higher than market price, Barisan Nasional received a windfall by collecting petrol tax without announcing it to the rakyat,” he said in a statement, referring to the ruling coalition.

“For the month of January 2015, the rakyat paid RM307 million in petrol taxes for RON95 and RM209 million for diesel,” he added.

…

 

 

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Santos bags 20 per cent interest in Malaysia deepwater block

April 4, 2015

Dateline 2015-01-30, Oil & Gas Technology:

Inpex Corporation has announced that through its wholly-owned subsidiary, Inpex Offshore South West Sabah, Ltd., it has reached an agreement to transfer 10 per cent of its participating interest in the Deepwater Block R to Santos Sabah Block R Limited

Inpex Corporation has announced that through its wholly-owned subsidiary, Inpex Offshore South West Sabah, Ltd., it has reached an agreement to transfer 10 per cent of its participating interest in the Deepwater Block R to Santos Sabah Block R Limited

The block is located in offshore East Malaysia covers an area of 672 square kilometres with a water depth ranging from 100m to 1,400 metres

Santos Sabah Block R Limited also separately agreed to acquire a 10 per cent participating interest in the block from JX Nippon Oil & Gas Exploration (Deepwater Sabah), Limited (JX), bringing its total participating interest in the block to 20 per cent upon fulfilment of due procedures.

…

 

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