June 19, 2014
Yeah, why dontcha?
Dateline 2014-04-26, Free Malaysia Today:
Chief Minister Musa Aman’s move to use bloggers to stoke discussions on Sabah’s oil and gas rights is a cowardice act, even if it is merely to gauge the federal government’s receptiveness, said political maverick Jeffrey Kitingan.
“It is not proper and transparent governance. The suggestion (to use bloggers to fight his battles) came up after he (Musa) refused to discuss the matter in depth during assembly.
“The Chief Minister should realise that it is not wrong for him and the state government to demand for ownership of Petronas.
…
Leave a Comment » | 
business opportunity, Malaysia, oil and gas | Tagged: Jeffrey Kitingan, Musa Aman, Sabah | 
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Posted by Wata
June 16, 2014
Happy School Holidays.
Buy my recommendations, or through my Amazon store. Where are those corporate sponsors? Or throw donations at me. I need RM360 to get The Star ePaper
- I’m looking for a senior process engineer, 7+ years experience. Also looking for technical safety persons, metering / measurement engineers and other seniors you think will catch my eye.
- Nothing else catches my eye.
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.
Some books for you to turn those bad numbers’ frown upside down.
Proofiness: The Dark Arts of Mathematical Deception, Bad Science: Quacks, Hacks, and Big Pharma Flacks, How to Lie with Statistics
Leave a Comment » | engineering, Malaysia, oil and gas | Tagged: Bookalicious, ExxonMobil | Permalink
Posted by Wata
June 15, 2014
Dateline 2014-04-23, Trend:
The Supreme Audit Court of Iran confirmed that a subsidiary of the National Iranian Oil Company (NIOC) sold several crude oil and condensate freights worth about $1 billion to International Safe Oil Company in the second half of 2012.
The exact value of sold cargoes is $1,004, 609, 117.
According a report released by the Supreme Audit Court of Iran says that the Malaysian International Safe Oil Company (ISO) should have paid off its debt by the end of 2012, but hadn’t.
The U.S. and EU adopted tough sanctions targeting Iran’s oil revenues in mid-2012 to persuade Iran to curb its sensitive nuclear activities. After sanctions, Iran’s oil exports dropped significantly and went from 2.5 million barrels to 1.07 million barrels per day in 2013.
Iran reportedly has been using various ways to bypass the imposed sanctions on both its oil exports and transferring the payments.
…
Leave a Comment » | Malaysia, oil and gas | Tagged: iran | Permalink
Posted by Wata
June 12, 2014
And the free market adjusts itself. Dateline 2014-04-18, Hydrogen Fuel News:
Increasing gas prices have caused some industries to evaluate their fuel requirement plan.
Some glove producers and steel manufacturers are considering other alternative energy sources for fuel to replace natural gas, due to upcoming hikes in gas prices that are anticipated to worsen the operational costs for these businesses.
Some manufacturers may turn to alternative fuel sources to decrease additional gas costs.
Although likely not the first manufacturer to do so, Supermax Corporation Berhad, is one chief glove manufacturer that has affirmed it would be investing in alternative sources that include renewable energy and biomass, to avoid having to pay more for rising gas prices.
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Leave a Comment » | Malaysia, oil and gas | Tagged: natural gas | Permalink
Posted by Wata
June 11, 2014
This is a shout out for the IEM. My technical division will be hosting a trip to the Aker Solutions Malaysia Sdn Bhd (Subsea Products And Services) on the Wed 18th June, 2014. You will be anointed with 3 CPD / PDP hours.
Aker Solutions is a global provider of products, systems and services to the oil and gas industry. Their engineering, design and technology bring discoveries into production and maximize recovery from each petroleum field. They employ approximately 28,000 people in about 30 countries.Aker Solutions portfolio of oilfield products, systems and services, stretches all the way from the reservoir to the wellstream processing systems generating marketable and valuable hydrocarbon products. Their target is to deliver the best.
Each product, system and service competes on a standalone basis in the market but with their broad portfolio and experience, they understand the challenges and apply the knowledge to create optimal solutions. Aker Solutions ASA is the parent company in the group, which consists of a number of separate legal entities. Aker Solutions is used as the common brand and trademark for most of these entities. In 2012 Aker Solutions had aggregated annual revenues of approximately NOK 45 billion. The company is listed on the Oslo Stock Exchange.
Register here and the Flyer here.
Leave a Comment » | engineering, oil and gas | Tagged: Aker, IEM, OGMTD | Permalink
Posted by Wata
June 10, 2014
My technical division will be hosting a 1 day seminar on the 26th June, 2014. It is worth 6.5 CPD points, and held at Wisma IEM. Since I’m giving it, I expect hoards will have to be turned away at the gates.
A Hazard and Operability study is a formal and systematic and detailed examination of the process and engineering intentions of new or existing facilities which assesses the hazard potential and effects on the facility as a whole when operation is outside of the design envelope, or individual items of equipment malfunction.
This course is designed to educate participants in the HAZOP process from the perspective of a HAZOP team member. It is meant to provide both instruction and workshop sessions so that the participants:
- Are familiar with the concept of ‘risk’
- Are familiar with the theory behind HAZOP
- Are familiar with the actual HAZOP workshop process
- Have expectations as to what the HAZOP will (and won’t provide)
- Understand what deliverables can be expected from a HAZOP
- Have the opportunity to participate in HAZOP exercise in a safe environment
- Opportunity to share HAZOP experiences
At the end of the session, the participants should:
- Understand the responsibilities of all parties in the HAZOP
- Have experience in a HAZOP session.
- Understand the outcomes from a HAZOP session
Wata has 16 years of experience in the oil and gas industry, in both design and operations.
Register here, or download the form here.
Leave a Comment » | engineering, Malaysia, oil and gas | Tagged: course, HAZOP, razmahwata | Permalink
Posted by Wata
June 10, 2014
This is a shout out for the IEM. My Technical Division will be having a talk on Saturday 14th June, 2014 by Ir. Alzakri Ekhwan. It’ll be at 9:00am (makan-makan at 8.30am) at Wisma IEM.
Aboveground storage tanks are significant assets and commonly found in oil, gas and petrochemical industries. Tanks which are used for storing hydrocarbons are considerably critical and must be diligently maintained throughout their operating life to ensure no leaks or catastrophic failures occur. Maintenance programmes are usually in place but executing these programmes are not as simple as what we normally think.
The talk will provide a sharing of tank experiences and maintenance practices on:
• On-Line Repair (Non Standard Repair)
• Tank Out-of-Service Maintenance.
It will also touch on ways of extending the lifespan of existing atmospheric storage tanks througheffective maintenance regimes. These include approaches in tackling floating roof pontoon leak, desludging of crude oil using non man-entry method, dealing with Corrosion Under Insulation (CUI) and conducting middle shell course replacement method safely and cost effectively
Ir. Alzakri Ekhwan is a Principal Engineer for Static Unfired Equipment based in PETRONAS Penapisan (Melaka) Sdn. Bhd. (PP(M)SB) and has more than 20 years of experience in maintenance, design, fabrication, inspection and construction of Static Equipment in the Oil and Gas industry. He was the Staff Engineer and Field Engineering Manager for MG3 Lube Base Oil (MG3) Project and Hydrogen Processing Unit 2 (HPU-2) Project. Prior to that, he was a Senior Inspection Engineer of PETRONAS Penapisan (Melaka) Sdn Bhd and Head of Mechanical Section of PETRONAS Methanol (Labuan) Sdn Bhd.
You can register here and download the flyer here.
Leave a Comment » | Chemical, engineering, Malaysia, oil and gas | Tagged: alzakri, IEM, OGMTD | Permalink
Posted by Wata
June 9, 2014
Happy School Holidays.
Buy my recommendations, or through my Amazon store. Where are those corporate sponsors? Or throw donations at me. I need RM360 to get The Star ePaper
- I’m looking for a senior process engineer, 7+ years experience. Also looking for technical safety persons, metering / measurement engineers and other seniors you think will catch my eye.
- ExxonMobil is still looking for technicians. That would be of flavours I&E, Mechanical, Production. Submit your whoppers/ life stories to http://www.exxonmobil.com/careers/my.
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.
Some books for you to turn those bad numbers’ frown upside down.
Proofiness: The Dark Arts of Mathematical Deception, Bad Science: Quacks, Hacks, and Big Pharma Flacks, How to Lie with Statistics
Leave a Comment » | engineering, Malaysia, oil and gas | Tagged: Bookalicious, ExxonMobil, Synergy | Permalink
Posted by Wata
June 8, 2014
I want over reliance. Which foo’ is talking? Dateline 2014-04-18, Borneo Post.
Analysts observed that there is no over-reliance by local oil and gas (O&G) firms on national O&G corp Petroliam Nasional Bhd (Petronas) for contract handouts.
To note, contract flows for Bursa Malaysia-listed oil and gas (O&G) service providers remains stable this year at RM13 billion, which is 19 per cent higher compared with the Jan-April period in 2013, says analyst Aaron Tan of the research arm of MIDF Amanah Investment Bank Bhd (MIDF Research).
“We note that only a relatively small portion (6.2 per cent) of jobs awarded this year had emanated from Petronas, with majority coming from international O&G firms.
“This proves that there is no over-reliance of local O&G firms on Petronas for contract handouts. Main beneficiaries in March to April 2014 were Bumi Armada Bhd (Bumi Armada), SapuraKencana Petroleum Bhd (SapuraKencana), UMW Oil & Gas Corporation Bhd, Uzma Bhd, Perdana Petroleum Bhd, Handal Resources Bhd and Barakah Offshore Petroleum Bhd.
“In light of this, companies’ orderbooks have grown substantially.”
…
Leave a Comment » | investment, Malaysia, oil and gas | Tagged: Petronas | Permalink
Posted by Wata
June 5, 2014
Hmm.
Dateline 2014-04-16, Mint & TWSJ:
Oil India Ltd (OIL), the nation’s second-biggest state-run explorer, is weighing a bid for part of Murphy Oil Corp.’s assets in Malaysia, said people with knowledge of the matter.
The producer is interested in buying about a 30% stake in Murphy Oil’s assets in the Southeast Asian nation, said the people, who asked not to be identified because the information is private. The holding may be valued at least at $2 billion, the people said.
India’s government-run oil companies are building on their record $5.5 billion of acquisitions last year to secure supplies for Asia’s second-biggest energy consumer. Oil India, which had $2.1 billion of cash at the end of September, is also studying an acquisition of Nigerian oil and gas assets owned by Royal Dutch Shell Plc valued at as much as $2 billion, people familiar with the matter said last week.
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Leave a Comment » | Malaysia, oil and gas | Tagged: Murphy, Oil India | Permalink
Posted by Wata
Wata - Malaysian Oil and Gas Engineer 