Dateline 2022-01-04, Upstream:
UK company EnQuest has been ordered to pay Malaysian contractor Barakah Offshore Petroleum nearly 71.6 million ringgit ($17.1 million) following an adjudication claim over offshore works.
Barakah launched legal action against EnQuest’s Malaysian subsidiary last year in relation to work carried out by Barakah under a 2018 letter of award for the provision of the Pan Malaysia Maintenance, Construction & Modification (PM-MCM) contract EN17051.
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Posted by Wata
Dateline 2022-01-04, Channel Asia:
Malaysia’s state oil firm Petronas and the resource-rich state of Sabah on Tuesday (Jan 4) launched a masterplan to develop the state’s natural gas resources, including the construction of a liquefied natural gas (LNG) plant.
The Sabah Gas Masterplan is the result of a joint study between the state and Petronas, both parties said in a joint statement.
It entails the construction of an LNG plant with a capacity of 2 million tonnes per annum (MTPA) at the Sipitang Oil and Gas Industrial Park, which will provide opportunities for Sabah to expand its LNG distribution across the state, they said.
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Posted by Wata
Disclaimer – I have no financial interest, I am a Patreon backer of the author, Jenny Jinya.
Have a look at her work at Loving Reaper, and see if it doesn’t tug your heartstrings if you have any joy in pets and animals. Buy her hardcopy compilation.
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Posted by Wata
📢 1 week to go ! 🤩
📢 Book your seat before closing date ! 🤩
*Book your seat for MOGEC webinar by Ms Chin Foong Ling from ERM *
Title: Climate Change Risk and Net Zero Action
Date: 10th March 2022 (Thursday)
Time: 3.00pm
Platform: MS Teams
Free admission for MOGEC member
Rm40 for Non Member
To register for the webinar, kindly fill up the registration form at this link -> https://tinyurl.com/MOGECMAR
Thank you
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Posted by Wata
Disclaimer – I have no financial interest, I am a Patreon backer of the artist, Bichi Mao.
Have a look at their work see if it doesn’t tug your heartstrings. Purch their merch.
Everything has its own priority, when you reach animals and have the means, please manage pet breeding, support trap, neuter and release programs and your local animal shelter.
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Dateline 2021-12-22, Energy Voice:
Malaysia’s Petronas has awarded six of the 13 offshore exploration blocks offered in the recently concluded Malaysia Bid Round (MBR) 2021.
The six blocks, awarded to both existing and new players, are Blocks SB412, 2W, X, SK427, SK439 and SK440. These awards are subject to the signing of the production sharing contracts (PSCs) between the relevant parties by the first quarter of 2022, Petronas said today.
The MBR 2021 themed “Grow Your Energy Portfolio With Us” was virtually launched on 26 February 2021, with over 250 potential and existing investors streaming live from North America, Europe and Asia Pacific.
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Posted by Wata
What are we recovering from? Are we O&G supplicants hoping that the world will continue consuming carbon based fuels like there is no Kyoto Protocol?
Dateline 2021-12-28, Reuters:
Malaysia’s state energy firm Petronas said on Tuesday that it anticipates recovery in oil demand from the impact of the coronavirus pandemic to remain fragile and uncertain in the next few years.
The industry was optimistic about economic recovery but remained cautious and needed to be ready to face oil price volatility, Petronas said in its activity outlook report for 2022-2024.
“The path towards sustained oil demand recovery remains fragile and uncertain due to the emergence of new COVID-19 variants that trigger fresh waves of lockdowns,” the custodian of Malaysia’s petroleum resources said.
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Dateline 2021-12-21, Argus Media:
Malaysia’s state-owned Petronas has delayed the installation of an interim mercury removal unit (MRU) at the Pegaga gas field offshore Sarawak to 21 December because of stormy weather, according to some term offtakers of the 30mn t/yr Bintulu liquefaction and export project.
But Petronas is still targeting a 20 January start to gas production at the Pegaga field, unchanged from expectations last week, the offtakers said. The Pegaga field will supply feedstock gas to the Bintulu plant.
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Posted by Wata
Dateline 2021-12-17, S&P Global:
has anyone heard of ASCOPE? Does it impact your operations?
Malaysia’s Petronas expects the Sabah-Sarawak Gas Pipeline to resume operations in the second half of 2022 and first gas from the key Pegaga project by the first quarter of 2022, a spokesperson for the national oil company said in response to queries.
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Posted by Wata
Disclaimer – I have no financial interest, I am a Patreon backer of the author, Jenny Jinya.
Have a look at her work at Loving Reaper, and see if it doesn’t tug your heartstrings if you have any joy in pets and animals. Buy her hardcopy compilation.
Each thing have their own priority, when you reach animals and have the means, please manage pet breeding, support trap, neuter and release programs and your local animal shelter.
Leave a Comment » | oil and gas | Permalink
Posted by Wata
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Wata - Malaysian Oil and Gas Engineer 