LEGALLY SPEAKING Overview of laws governing oil and gas sector in Malaysia

March 13, 2015

Of course, the PETRONAS interpretation is the binding one.

Dateline 2015-01-05, The Sun Daily:

The recent decline in global fuel prices has resulted in the Malaysian government scrapping fuel subsidies for petrol and diesel from Dec 1, 2014. In view of the recent developments, it is timely to have an insight into the oil and gas laws in Malaysia.
The oil and gas industry is generally divided into upstream, midstream and downstream activities. Upstream activities consist of exploration, development and production of oil and gas resources. Midstream and downstream activities range from the transportation of oil and gas, to refining and processing through to marketing and trading of end products.

Malaysia Oil & Gas Regulatory Framework

The principal legislations which form the foundation of the development of the oil and gas industry in Malaysia are the Petroleum Development Act 1974 (PDA), the Petroleum Regulations 1974 (Petroleum Regulations) and the Gas Supply Act 1993 (GSA). The PDA applies to all activities in the value chain of the oil and gas industry in Malaysia, except for the supply of gas through the pipelines to consumers, which is regulated by the GSA.

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IEM Shout Out – Brief Look at an Offshore Project Journey – Engineering Roles Beyond Detail Design

March 12, 2015

This is a shout out for the IEM. My Technical Division will hosting the above talk by Ir. Tg. Fadziliaton on the 14th  March, 2015. Turn up by 8.30 to obtain nasi lemak.

The talk will gives a brief look on the journey of a typical oil and gas offshore project from FEED, Detail Design, Procurement, Fabrication up to the Commissioning.

Typically, a design engineer involvements is limited to the initial one or two stages of the project before they move on to the next project, more often due to end of their contract. The next stage of project is handled by a different group / team which does not have design engineers from the previous stages.

The design will usually evolve during each stage of the project even right up to the commissioning stage. It is very essential to keep every change to the minimum while maintaining the intended purpose of the design and to ensure a smooth information flow of these changes throughout the project. An awareness of the impact on change to the design beyond detail design stage i.e. procurement and fabrication needs to maintained.

Therefore, the design engineer should be involved and attached to a project up to and perhaps beyond the Commissioning stage, to support the above aims.

The objective of the talk is to familiarize with the stages of a project, the process and challenges of each stages and emphasis the important of information flow and the roles of the design engineer during each stage of the project.

Ir. Tengku Fadziliaton graduated from Loughborough University of Technology with degree in Chemical Engineering in 1997. She has started her career in the upstream oil and gas industry 17 years ago and has experience in detail design, fabrication, commissioning and operation in process engineer capacity. She has involved in projects for wellhead platforms, processing platforms and FPSOs as well as being part of operation support team for the same.

She is currently Senior Process Engineer in Engineering and Commissioning department in Kebabangan Petroleum Operating Company.

Register here, and pick up the brochure here.

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Exciting year for oil & gas industry

March 12, 2015

Dateline 2015-01-05, Daily Express:

The year that ended was an exciting one for the oil and gas (O&G) industry in Sabah as the sector has been progressively growing and moving towards the right direction of becoming a developed and high-income State.

In fact, the State Government under the leadership of Chief Minister Datuk Seri Musa Aman has recognised the huge potential of the industry that would accelerate the State’s social and economic development.

It has also committed to participate directly in the O&G industry to ensure the sector reap benefits for the State and boosting its economy.

The most significant and landmark decision as a result of closer ties between the State and Federal Government, was when Petronas has officially agreed to give the State Government a 10 per cent stake in the Liquefied Natural Gas Sdn Bhd 9 (LNG 9) in Bintulu, Sarawak.

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Marketing Rounds – Emergency Rations

March 11, 2015

This should be made compulsory. A fruiting durian tree within the base camp compound.

Durian Tree Base Camp

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Saturday Star 2015-03-07 – Job Opportunities

March 9, 2015

Happy Happy Week. 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 hear Hess is looking for a number of metering and measurement engineers. Heck, I should be a shoe in.
  • 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 and updating GoHalalVietnam! for your food needs. For your other needs, talk to your local tour guide/ concierge / man on the street.

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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Murphy Oil Corporation Closes First Phase Of Partial Divestiture Of Malaysian Assets

March 7, 2015

Dateline 2014-12-18, Marketwatch:

Murphy Oil Corporation MUR, +2.82% announced today that its wholly owned subsidiaries, Murphy Sabah Oil Co., Ltd. and Murphy Sarawak Oil Co., Ltd. (collectively “Murphy”), have closed on the first phase of the sale of 30% of Murphy’s Malaysian oil and gas assets to PT Pertamina Malaysia Eksplorasi Produksi (“Pertamina”) that was originally announced on September 30, 2014. The first phase covers two-thirds of the transaction or 20% of Murphy’s Malaysian oil and gas assets with the remaining portion scheduled to close in the first quarter of 2015. The transaction has an aggregate purchase price of $2.0 billion and an effective date of January 1, 2014.

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2H Offshore To Deliver Lightweight Conductor-Supported Platform Offshore Malaysia

March 6, 2015

Dateline 2014-12-16, Oil and Gas Online:

2H Offshore, an Acteon company, will deliver a lightweight conductor-supported platform for EQ Petroleum Developments Malaysia Sdn Bhd for installation in the Tanjong Baram field, offshore Malaysia. EQ Petroleum Developments Malaysia Sdn Bhd is a subsidiary of EnQuest PLC. The award follows completion of a competitive tender process, in which 2H successfully developed a jack-up installable platform design to meet EnQuest’s project timeline and budget.

Installed in 10 m water depth, the platform has three decks with a subsea template and will host two wells with spare capacity for future additions. The decks will be supported by three 30 in. well conductors. A boat landing and crane will also be provided. The platform will be tied back with an 8 km long flexible pipeline to the existing West Lutong-A facility, and will be fabricated locally in Malaysia. Installation is planned for Q1/Q2 2015.

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Petronas to Boost Training Enrollment at Instep, Unfazed by Oil Prices

March 5, 2015

Are you at Instep now? Do you have a job after?

Dateline 2014-12-12, Rigzone:

Instep training center, owned by Petroliam Nasional Berhad (Petronas) is ramping up its student intake to 1,700, a sign of the Malaysian national oil company’s (NOC) commitment towards recruitment and training even under the current unfavorable oil price environment. Responding to a question from Rigzone, Instep CEO, Chandramohan Saminathan said Petronas has not signaled any cuts in staff training for now. Conceding however, that cost cutting measures could be implemented across the industry, Chandramohan said the bigger picture remains unclear for other oil and gas companies.

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Marketing Rounds – Fire Fighting Facilities

March 4, 2015

I guess that if your firefighting pond runs out of water, you can always run to the base camp’s toilets, and take water from the kolah air.

Kolah Air Base Camp

 

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Hit by oil price slump, Malaysia’s Petronas says open to SELLING assets in Africa

March 3, 2015

Not local new, but hey. Anyone want to go Dutch?

Dateline 2014-12-11, Malaysia Chronicle:

Petroliam Nasional Bhd (Petronas), Malaysia’s state oil company, said it is ready to divest certain assets in Africa if growth prospects are limited. “We are looking at where we can divest in Mauritania and Cameroon,” Sharbini Suhaili, vice-president for Petronas’ international upstream operations, said at a media briefing on Thursday.

Petronas has one block in Mauritania producing 6,000 barrels of oil a day, and several gas assets in Cameroon, he said.

Unlisted Petronas, which accounts for most of the Malaysian government’s oil and gas revenue, previously said the fall in oil prices could have a short-term impact on its projects.

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