Saturday Star 2012-11-10 – Job Opportunities

November 12, 2012

C’mon. Buy my recommendations, or through my Amazon store. Where are those corporate sponsors? Or throw donations at me.

Eid Mubarak, all.

If you need my help to submit your CVs, donate to the blog, and I’ll review your CV to see if it is worthy of my (and my associates’) expectations. If you can’t figure out how to donate, no need to ask.

  • I’m looking for a senior process engineer, 7+ years experience. Send your cv here. Also looking for process safety persons, lead piping designer, lead instrument engineer, and other seniors you think will catch my eye.
  • Carigali Hess is looking for a principal well engineer, senior mechanical engineer, maintenance engineer, construction engineer, project engineer, marine engineer, process safety engineer. Send your cv here,  with a detailed resume stating references, expected remuneration, contact telephone and email address, before 25th November, 2012.
  • Lundin is looking for contracts/cost engineer, structural engineer, piping/mechanical engineer, electrical/instrument engineer, process engineer, FPSO marine engineer. Send your cv here, and here,  before 17th November.
  • Technip is looking for their next biggest asset: You. Visit here soon. Apply to Synergy first.

May I suggest that readers try Bluestacks? Run your Android apps on your Windows tablet, so you can buy that Win8 tablet (and buy me one) without worrying you won’t have anything to play on it!

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!

With all the unfortunate accidents happening in Malaysian waters lately, I think a selection of safety books is in order:

  

Functional Safety, Second Edition: A Straightforward Guide to Applying IEC 61508 and Related Standards, Layer of Protection Analysis: Simplified Process Risk Assessment (Camino del Sol), Safety Critical Systems Handbook: A STRAIGHTFOWARD GUIDE TO FUNCTIONAL SAFETY, IEC 61508 (2010 EDITION) AND RELATED STANDARDS, INCLUDING PROCESS IEC 61511 AND MACHINERY IEC 62061 AND ISO 13849

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Posted by Wata

Prudent use of PETRONAS’ revenues

November 11, 2012

Dateline 2012-10-14:

OPPOSITION FOLLY: An increase in royalty payments to states to 20pc will hit the nation as much as the firm.

BY all accounts, Petronas’ role in overseeing and managing the country’s oil and gas resources has been exceptional.

Started in 1974 as a small national oil corporation, Petronas has since emerged as Malaysia’s only global Fortune 500 company, with operations in upstream and downstream activities in dozens of countries.

Petronas’ oil and gas reserves now rank 28th in the world, higher than some well-known European or Chinese oil companies, according to a study.

…

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Posted by Wata

Petronas misunderstood 20% oil royalty for state policy’ – Rafizi

November 10, 2012

Puhleez…

Dateline 2012-10-13:

Pakatan Rakyat’s pledge to give 20 percent oil royalty instead of the current 5 percent to oil producing states will not incur extra burden to national oil firm Petronas, said PKR strategic director Rafizi Ramli today.

He said according to the new deal, the coalition will use Petronas’s current contribution of RM70 billion every year to the Federal budget to make up for the additional 15 percent revenue, and not by altering any present tax structure imposed on the company.

Petronas yesterday criticised PR’s plan to increase royalty payment for oil producing states, saying it could jeopardise its business and profitability and tax payments due to lower income.

…

 

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Posted by Wata

Boom time seen for oil and gas

November 9, 2012

Dateline 2012-10-13:

WITH more oil finds and disruptive technologies coming onstream, the level of merger and acquisition (M&A) activity in the oil and gas sector is set to increase.

It’s going to be a boon for oil and gas service providers as the abundance of opportunities propel these companies to expand into new regions and grow bigger through acquisitions, say oil and gas experts from Ernst & Young.

Some key game changers include shale oil potentially becoming very big in China and technology making it progressively easier to get more certainty in striking oil. Renewables will likely not pose a huge threat to conventional hydrocarbons, at least for the next few decades.

…

 

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Posted by Wata

FOXE 2012 3Q meeting

November 8, 2012

Some photos from the FOXE 2012 meeting.

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Posted by Wata

IEM Shout Out – Full-Day HAZOP Training For Team Members – A Practical Approach

November 6, 2012

My technical division will be hosting a 1 day seminar on the 20th November, 2012. It is worth 6 CPD points, and held at Kelab Golf Negara Subang. 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.

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Oil, gas and energy sector needs three-pronged sustainability approach

November 4, 2012

Dateline 2012-10-17:

A THREE-PRONGED approach must be taken to sustain the country’s oil, gas and energy sector.

Oil, Gas and Energy (OGE) and Financial Services in the Perfor-mance Management and Delivery Unit director Dr Mohammed Emir Mavani Abdullah said the sector played a crucial role to the nation’s economy, contributing 20% to the growth domestic product.

However, he said sustainable effort had to be taken as the oil and gas industry had seen a declining trend in its production since 1990’s.

“We need to take a three-pronged approach to sustain the industry.

…

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Posted by Wata

RM7.2b oil royalty ‘rip-off’ for Sabah

November 3, 2012

Dateline 2012-10-17:

The RM7.2 billion received by Sabah for the past 40 years, being the 5% oil royalty payment under an agreement to extract the commodity from the state and its waters, is a major rip-off for the Sabahans, Kota Kinabalu MP Hiew King Cheu said today.

“The Sabahans’ demand for an increase in oil and gas sharing is understandable and this figure [of RM7.2 billion] is solid proof that the wealth of the Sabahan is exploited and being siphoned away.

“We did not enjoy the wealth provided by mother earth; instead we ended up with plenty of hardship, poverty, no development, and poor economy. Many other oil-producing countries are rich, but Sabah has remained a poor state,” he said.

He was commenting on Prime Minister-cum-Finance Minister Najib Tun Razak’s reply to a question raised by him in Parliament recently.

…

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Posted by Wata

PKR promises to scale down and move RAPID project to Kertih

November 2, 2012

You know which box to tick.

Dateline 2012-10-05:

PKR said today it plans to scale down Petronas’ RM60 billion petrochemical project and move it from Pengerang in Johor to Kertih in Terengganu if it wins in the coming general election.

Critics of the controversial Refinery and Petrochemicals Development (RAPID) project have said that it will cause thousands of villagers in Pengerang to lose their homes and livelihoods.

“Why (do we) need to take the land of villagers in Pengerang when we have enough land in Kertih?” Wong Chen, PKR’s chairman of investment and trade bureau, asked at a press conference at the party’s headquarters here.

…

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Posted by Wata

Khairy: Oil royalty hike affects tax collection, Petronas profits

October 30, 2012

Dateline 2012-10-01:

Demands for increased royalty to be paid to oil-producing states will cause both a drop in tax collections and profits for government-owned firm Petronas, Umno lawmaker Khairy Jamaluddin said today.

“We understand demands from states such as Kelantan but we have to think of the financial implications when we talk about increasing royalty,” the Rembau MP said in Parliament.

The Barisan Nasional (BN) and Umno Youth chief said it was “not so easy” as the tax collection from such states will be affected.

He also said that increasing the oil royalty will cause a drop in Petronas’s returns.

Dividends from the state oil firm currently account for over 40 per cent of the federal government’s revenue.

…

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Posted by Wata

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