6,000 Equipped to Work in Oil & Gas

December 7, 2022

Isqak!!! Isqaque?

Dateline 2022-09-XX, The Star:

Johor Petroleum Development Corporation Bhd (JPDC) has produced about 6,000 skilled workers through upskilling and reskilling training programmes.

Two key initiatives – the Skills in Oil and Gas (Soga) and Bridging Gaps programmes with funding from the Economic Planning Unit (EPU) of the Prime Minister’s Department – have helped them to prepare the manpower while meeting the needs of downstream oil and gas activities at the Pengerang Integrated Petroleum Complex (PIPC) in Johor.

JPDC acting chief executive Izhar Hifnei Ismail said the figure included over 1,800 workers who had completed or were currently taking the Soga programme.

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PetGas: No proposal, tender for ‘alleged 700km Johor-T’ganu pipe replacement’

December 1, 2022

Shucks, there goes the 1% tender doc purchase into someone’s pocket (paroday as per Twitter guidelines)

Dateline 2022-09-15, The Edge:

Petronas Gas Bhd (PetGas) said it has not issued any proposal or tender for the “alleged 700km pipe replacement project” from Johor’s Segamat district to Terengganu’s Kertih town.

“We wish to inform that PetGas and its subsidiaries have not, at current, planned or issued any proposal or tender for the said project,” the company said in a notice on its website.

As a gas infrastructure company, PetGas said it is under the purview of the Energy Commission (EC) pursuant to the Gas Supply (Amendment) Act 2016 and Third Party Access Code.

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RM300bil-RM400bil in investments needed for Malaysia to achieve net-zero greenhouse gas emissions by 2050

November 30, 2022

Dateline 2022-09-14, NST:

Malaysia’s commitment to becoming a nation with net-zero greenhouse gas emissions by 2050 would require RM350 billion to RM400 billion in cumulative investments, mainly in the energy sector, representing 0.8 per cent of the gross domestic product (GDP) every year until 2050.

Bursa Malaysia chairman Tan Sri Abdul Wahid Omar said this shift includes continued investment in public transportation, tax incentives to promote electric vehicles, and the commitment to phase out coal.

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Petronas to keep oil, gas focus for next decade

November 29, 2022

Dateline 2022-09-14, Argus:

Oil and gas remains the main focus for Malaysia’s state-owned oil firm Petronas for the next decade, even as it explores the alternative energy sphere.

Gentari, the firm’s latest clean energy subsidiary, was set up as a separate entity to keep the core business “lean, mean and generating as much (profit) as possible,” said Petronas’ vice president of exploration and upstream, Mohd Redhani bin Abdul Rahman.

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Work together to address energy crisis, O&G players told

November 28, 2022

Read between the lines.. CORAL ’23?

Dateline 2022-09-13, The Sun:

Oil & gas (O&G) players need to work together as stakeholders in the system to address the power crisis by providing clean, reliable, affordable energy, according to Petroliam Nasional Bhd (Petronas) president and group CEO Tengku Muhammad Taufik.

“What we are seeing today is an energy crisis, a food crisis, an inflation crisis and if left unchecked, all of these will converge into what we cannot contend with, which is a world security crisis,” he said in his keynote address at the Oil & Gas Asia (OGA) 2022, the Malaysia Oil & Gas Services Exhibition and Conference (Mogsec) and Petrochemicals Sustainability Conference (PSC) today.

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Petronas CEO calls for O&G players to innovate to tackle energy and climate crisis

November 25, 2022

Dateline 2022-09-13, The Edge:

Oil and gas (O&G) industry players need to come together to tackle issues of the energy and climate crisis, according to Petroliam Nasional Bhd (Petronas) president and group chief executive officer Datuk Tengku Muhammad Taufik Tengku Aziz.

“The [O&G] industry has a responsibility to respond to energy issues, which are considered an aggressive trilemma of affordability, security and sustainability,” Tengku Muhammad Taufik said in his keynote address during the opening ceremony of the Oil & Gas Asia 2022, with the Malaysia Oil & Gas Services Exhibition and Conference and the Petrochemicals Sustainability Conference, on Tuesday (Sept 13).

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Turning Johor into a Downstream Oil and Gas Hub

November 24, 2022

Dateline 2022-09-XX, The Star:

IN line with its vision to establish Johor as a sustainable, world-class downstream oil and gas hub, Johor Petroleum Development Corp Bhd (JPDC) has established the Pengerang Integrated Petroleum Complex (PIPC) in Pengerang, Johor – 93 sq km industrial area dedicated for downstream oil and gas activities.

PIPC serves as an ideal zone to grow downstream oil and gas activities in Johor, given its strategic location with sufficient water depth for sea transportation of crude oil and liquid products, proximity to international shipping lanes, closeness to Singapore – an established trading centre for oil and gas products, as well as infrastructure to support downstream oil and gas activities.

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Sarawak Poised to be Hydrogen Producer by 2027, Says Premier – Malaysia

November 22, 2022

I guess this is one way the rainbow coloured flag will fly, with blue hydrogen, grey hydrogen, PETRONAS hydrogen. What hydrogen are you?

Dateline 2022-09-07, Hydrogen Central:

Sarawak is positioning itself to be a commercial hydrogen producer by 2027 thus realising the vision of turning the state into a hydrogen economy.

Sarawak Premier Tan Sri Abang Johari Openg said to achieve the vision Sarawak is taking the necessary measures and rolling out various initiatives to develop the state hydrogen economy.

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Now “Not The Right Time” For Targeted Fuel Subsidies – Tengku Zafrul

November 21, 2022

And I input this, the week of elections.

Dateline 2022-09-08, Carlist.my:

For most of 2022 we’ve heard that blanket fuel subsidies will soon be a thing of the past, but so far have not seen many outward facing steps to remove it. According to our Finance Minister, perhaps the government are reconsidering.

Earlier this week while talking to members of the media at the 2022 Wild Digital SEA conference in Kuala Lumpur, Tengku Zafrul Abdul Aziz expressed the sentiment that it might “not be the right time” to implement targeted subsidies.

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Malaysia: Contracting For Oil And Gas Sector In Malaysia –Understanding SWEC Code In Malaysia

November 18, 2022

I have not read this, so cave canem

Dateline 2022-09-06, Mondaq:

Amid COVID-19 worldwide rife (which is now entering into endemic period), Malaysia remains a coveted market for oil & gas business to the global industry players. Since global outbreak of the infectious malady in 2019, the local economy in the industry is rapidly recovering although it is expected that the oil price continues to be volatile1.

As perspective, PETRONAS recorded over two-fold increase in its profit after tax for the first quarter this year: from RM9.22 billion last year to RM23.44 billion3.

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