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.
Random Promo – Loving Reaper
April 6, 2022
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Posted by Wata
Malaysia’s Sapura Energy served with ‘winding up petitions’ for five key subsidiaries
April 4, 2022May we have some words from the current leadership, one of which is from an NOC, which is still tindasing us small fry?
Dateline 2022-02-15, Upstream Online:
Cash-strapped Malaysian offshore engineering and construction player Sapura Energy has been served with “winding-up petitions” for several subsidiaries that involve outstanding claims from vendors and other service companies.
In signs of deepening financial trouble, Sapura informed the Bursa stock exchange on Monday about the predicament of five of its wholly owned subsidiaries.
Those served with petitions include Sapura Fabrication Sdn Bhd, Sapura Project Services Sdn Bhd, Sapura Subsea Services Sdn Bhd, Sapura Offshore Sdn Bhd and Sapura Pinewell Sdn Bhd, the company said in an announcement to the stock exchange.
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Posted by Wata
My Say: Structural barriers in O&G sector’s path to sustainability
April 2, 2022I would have said the prognosis is a death knell for Malaysia, but hey.
Dateline 2022-02-13, The Edge:
The once-in-a-century heavy rainfall in December and ensuing floods that hit Malaysia should make us wonder about the floods that have occurred in the last few decades. With more extreme weather swings being predicted, how much worse will the floods be in the future?
The prognosis is not good. Based on the assessment of the United Nations Intergovernmental Panel on Climate Change (IPCC), a 1°C temperature rise can cause an increase of 7% rainfall in Malaysia in the coming decades. The World Bank’s climate risk country profile also foresees more frequent floods in Malaysia, owing to climate change attributed to global warming. Climate change is at our doorstep.
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Posted by Wata
Petronas opens more blocks for E&P offshore Malaysia
April 1, 2022Dateline 2022-02-11, Offshore:
Petronas is offering offshore areas in prolific geological provinces under the Malaysia Bid Round (MBR) 2022.
The offer comprises 14 exploration blocks, six clusters of discovered resource opportunities (DROs), and one cluster of late life assets (LLA).
All the 14 exploration blocks are in the Malay, Sabah and Sarawak basins, and most of them contain oil and/or gas discoveries.
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Petronas plans clean energy business unit in global shuffle
March 31, 2022Dateline 2022-02-11, Energy Voice:
Malaysia’s national oil company Petronas is setting up a business unit focusing on clean energy solutions as part of a global operational shuffle.
Petronas chief executive Tengku Muhammad Taufik announced the changes in a two-hour long internal townhall on Tuesday, according to recording of the meeting reviewed by Bloomberg. He said the launch of the clean energy solutions business is aimed for as early as the middle of this year. Petronas is also divesting assets in Myanmar, Chad and Azerbaijan, according to the people.
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Posted by Wata
Random Promo – Loving Reaper
March 30, 2022Disclaimer – 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.
Leave a Comment » | oil and gas | Tagged: Jenny Jinya, Loving Reaper | Permalink
Posted by Wata
Shell weighs up drill drive offshore Malaysia
March 27, 2022Still Anglo Dutch?
Dateline 2022-02-07, Upstream Online:
Anglo-Dutch supermajor Shell is gearing up for a drilling campaign offshore Sarawak, East Malaysia following a geotechnical investigation that is scheduled to start within days.
Shell has its eye on exploration and development drilling at four locations off the coast of Sarawak, with wells expected to be spudded this year.
The exploration prospects on the operator’s radar are Davana, Keremak and Ruku-Ruku, while drilling on its Selasih producing field is also on the cards.
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Leave a Comment » | oil and gas | Tagged: Davana, Keremak, Ruku-Ruku, Sarawak, Shell | Permalink
Posted by Wata
Sarawak to focus on downstream activities in oil and gas and agriculture
March 26, 2022Dateline 2022-02-07, NST:
Seventy per cent of the liquefied natural gas (LNG) supply in Malaysia comes from Sarawak, and yet the state only consumes less than five per cent of the country’s total production.
Chief Minister Tan Sri Abang Johari Openg said there was a pressing need to intensify localisation of gas supply and utilisation to further industrialise Sarawak in the next five to 10 years in order to increase high value downstream economic activities in the state.
“At the same time, we are also exploring new oil and gas blocks onshore and offshore to ensure volume is available for Sarawak’s journey towards industrialisation.”
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Posted by Wata
Government urged to bear temporary rise in fuel prices
March 25, 2022Nope, educate riff raff like me to be efficient energy users. And efficient water users. And efficient food users. I mean, using a gas guzzler to go to a store 100m away, and idle in front of it for 30 minutes?
Dateline 2022-02-08, NST:
Business groups have urged the government to intervene and bear the temporary rise in fuel prices rather than impose an electricity tariff hike.
11 business associations and trade groups, in a joint statement today, pointed out that the recent electricity tariff hike would only “set the train of inflation further” and ring a death knell for many businesses and enterprises.
Businesses, they said, would not be able to absorb the “humongous” hike even if the economy was thriving.
“The sudden and immediate implementation of the hike in electricity charges is shocking in so many ways.
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Posted by Wata
Anniversary – Exxon Valdez
March 24, 2022Safety engineers never forget.
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Posted by Wata
Wata - Malaysian Oil and Gas Engineer 