IEM Shout Out – Overview of Gas Turbine Overhaul in Power Plant

March 12, 2014

This is a shout out for the IEM. My Technical Division will be having a talk on 15th March 2014. It’ll be at 9 am (makan-makan at 8:30) at Wisma IEM.

A Gas turbine is an essential machine in power plants to drive generators for producing electricity. To maintain its efficiency and reliability, a planned overhaul is required. The overhaul is carried out in the plant in a specified duration involving specialists, manpower, material and equipment while maintaining high safety standard. Thus, this overview talk will explain the participants on the basic activities involved in gas turbine overhaul in a Power Plant. It will cover the preparation, execution, commissioning, and closing out of the overhaul including the gas turbine main components.

The above will be presented by Ir. Roznan, who has been working in the power plant industry for the past 9 years as Technical Support, Project Manager, Contract Management and Customer Service.

You can register for the event here, and get the flyer here.

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Posted by Wata

Extract from “The Will to Compete”

March 9, 2014

About OPEC:

OPEC Head of States’ Algerian Declaration in 1974, stressed that OPEC member countries have the sovereign and inalienable right to the ownership, exploration and pricing of their natural resources…

Not less than five multinational oil companies were actively exploring for oil in Malaysia under the concession agreements.

…

Visit here and buy books so I have some spending money. I expect you to buy the whole set of 4.

Leave a Comment » | Malaysia, oil and gas, Young Turks | Permalink
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Murphy, Petronas sanction Malaysia FLNG project, 2018 startup targeted

March 9, 2014

Dateline 2014-02-03, Platts:

A final investment decision for the floating LNG liquefaction project at the Rotan field in Malaysia has been reached, and it is on track to achieving first gas by 2018, US company Murphy Oil said Thursday during a presentation to discuss its 2013 financial results.

Murphy operates Block H offshore Sabah, where the gas will be sourced, while Malaysia’s state-owned Petronas will operate the 1.5 million mt/year FLNG facility.

On a call with analysts, Murphy CEO Roger Jenkins said the FLNG project “is now fully sanctioned by both parties and the oil-linked gas terms agreed. This is a major milestone for both companies.”

Petronas had said in June last year that it was aiming for FID by the end of 2013.

…

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Once ‘open’ Petronas now ‘closed’ to Borneo

March 8, 2014

Really? I thought that there was a pretty good clampdown in Sabah and Sarawak, with other Malaysians requiring a work permit to work there. I guess they should increase the cost of coffee to give these permits out to applicants from the Western Eleven?

Dateline 2014-01-28, FMT:

National oil and gas company, Petronas, which was once transparent and receptive to Sabah and Sarawakian employees underwent somekind of a  change in the 1990s, so much so that it reclused itself from Borneo, said opposition PKR.

Party vice-chairman See Chee How  said that in the past Petronas had been transparent about the number of Sarawakian workers it employed.

“But this openess diminished. There has been no disclosures in the last decade.

“Petronas was once conscientious and open with its employment of Sarawakians in the corporation’s operations in the state.

…

 

 

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Growing market for gas

March 7, 2014

The Star, dateline 2014-01-27:

It was recently reported that the Government is considering restricting the sale of RON 95 to only those in the lower-income bracket.

According to a report from market researcher Euromonitor International, fuel subsidies both help and hurt consumers. The report says that, on average, consumers in the richest 20% of the population get six times as much total benefit from fuel subsidies as do those in the poorest 20%

Over the last 10 years, crude oil prices has soared, affecting millions of Malaysians. Despite the constant increase, vehicle sales in Malaysia has never been better as fuel prices has always remained relatively low compared to our neighbours.

Last year, total vehicle sales hit an all-time high of more than 652,000 units, surpassing an initial forecast of 640,000 units by the Malaysian Automotive Association (MAA).

…

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Posted by Wata

Oil firms concerned over rising costs

March 5, 2014

Obviously, the aren’t concerned with the rise of consultants’ fees, seeing what they still shell out and force us to play by their rules.

Dateline 2014-01-21, Malaysian Reserve:

Rising operational costs and uncertainty over oil prices are the biggest barriers for growth for oil and gas (O&G) firms, according to most senior professionals in the sector in Asia Pacific, a study from O&G adviser DNV and Germanischer Lloyd (DNV GL) said.

A survey of more than 430 O&G professionals and interviews with more than 20 industry executives found that 90% were confident about the industry outlook in 2014 and 41% were concerned about the costs.

“As a result, operators are having to keep a tighter rein on capital expenditure, with operators undergoing pressure to extend the life of existing assets and increase the return on these investments,” the study “Challenging Climates: The outlook for the O&G industry in 2014” published by DNV GL said yesterday.

Only less than a quarter (22%) of operators in Asia Pacific believe they are on track to hit their targets this year, according to the report.

…

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IEM Shout Out – Overview of Gas Turbine Overhaul in Power Plant

March 5, 2014

This is a shout out for the IEM. My Technical Division will be having a talk on 15th March 2014. It’ll be at 9 am (makan-makan at 8:30) at Wisma IEM.

A Gas turbine is an essential machine in power plants to drive generators for producing electricity. To maintain its efficiency and reliability, a planned overhaul is required. The overhaul is carried out in the plant in a specified duration involving specialists, manpower, material and equipment while maintaining high safety standard. Thus, this overview talk will explain the participants on the basic activities involved in gas turbine overhaul in a Power Plant. It will cover the preparation, execution, commissioning, and closing out of the overhaul including the gas turbine main components.

The above will be presented by Ir. Roznan, who has been working in the power plant industry for the past 9 years as Technical Support, Project Manager, Contract Management and Customer Service.

You can register for the event here, and get the flyer here.

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

Report: Petronas invites bids for Besar gas field

March 2, 2014

Dateline 2014-01-20, The Edge:

 

Petronas Carigali Sdn Bhd has invited bids for its Besar gas field (for two wellhead platforms), according to international oil & gas news portal Upstream Online.

Besar gas field is located offshore Peninsular Malaysia.

This piece of news was reported on the official website of Upstream Online. Alliance Research, quoting Upstream Online in its research note today, reported the bids are due at the end of February.

It said the initial contract award is slated for the end of this year, with a separate tender for installation to emerge later on.

“The contract value will be RM100 million to RM150 million for both wellhead platforms. Malaysian players might have advantage for the Besar project,” said Alliance research analyst Arhnue Tan.

She continues to rank the oil & gas (O&G) sector as ‘overweight’ as robust contract flow is expected to come from marginal fields, enhanced oil recovery projects and new gas developments.

…

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Shell and UAE’s Mubadala swap Malaysian offshore field stakes

March 1, 2014

Dateline 2013-01-19, Zawya:

Royal Dutch Shell and Mubadala Petroleum have swapped equity stakes in two exploration blocks off Malaysia, the Abu Dhabi-based energy company said on Sunday.

Mubadala has taken a 20 percent interest in the Shell-operated deepwater Block 2B and Shell took a 20 percent interest in the Mubadala-operated Block SK320 in return.

“The equity swap agreement is an important step for Mubadala Petroleum’s growth strategy in Malaysia and marks our first partnership in Southeast Asia with Shell, an important player in deepwater exploration,” Maurizio La Noce, chief executive of Mubadala Petroleum, said in a statement.

…

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Posted by Wata

Malaysia’s Trans Peninsular Pipeline Project: Will It Take Off? – Analysis

February 28, 2014

Going through Kedah and Kelantan. Not in this political lifetime.

Dateline 2014-01-16, Albany Tribune (what?):

MALAYSIA’S TRANS Peninsular Pipeline Project (TPP) between Kedah on the west coast and Kelantan on the east seems to have been revived. First proposed in 1994, the project had experienced some difficulties in the initial years and came to a halt in 2010. If realised, the 310-km pipeline will move oil from the coastal city of Yan in Kedah to Bachok in Kelantan and out to the South China Sea.

The New Straits Times reported that during the Fifth World Chinese Economic Forum held in Kuala Lumpur in October 2013, China had shown interest to revive the privately-funded TPP, estimated to cost more than US$7 billion. Chinese President Xi Jinping has yet to confirm how this is to be carried out.

…

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