Petronas chases new gas reserves as it gears up Malaysia drilling campaign

July 11, 2021

Dateline 2021-06-01, Upstream:

Malaysia’s national upstream company Petronas Carigali is forging ahead with field development work offshore East Malaysia, where it will bring on stream new gas reserves later this year.

Petronas as early as this week is set to start the development drilling campaign for its Bakau non-associated gas (NAG) development offshore Sarawak.


Shout Out – IEM Chillax 2021-07

July 9, 2021

You gotta attend. Ir. Abdul Razak Yakob will be chillin’.


WEBINAR – “Sembang Chillex Kejuruteraan Bersama IEM”
Venue:Digital Platform
Date & Time:10 Jul 2021 (2:00 PM – 5:00 PM)
CPD/PDP:0
Organised By Standing Committee on Activities
The “Sembang Chillex Kejuruteraan bersama IEM” (https://youtu.be/hYq8fLkXtYc) Series aims to:

•    promote engineering as a profession to young Malaysians
•    inform the public about the engineering profession and availability of various disciplines in Malaysia
•    inform the public on differences in the work of the engineers, engineering technologists, and engineering technicians
•    guide the young Malaysians to choose the suitable engineering discipline aligned to their interest
•    provide the guidance on how to check the accreditation status of the institute of higher learning (IHL) and its programs for the student’s engineering interest
•    encourage students to take up Science and Mathematics so that they can join the engineering profession

The first session of this Series would focus on:
•    Choosing Engineering as a Profession
•    Choosing an engineering discipline

Meet our Panel:
* Moderator – Ir. Fam Yew Hin (Mechanical Engineer)
Panelists:
* Ir. Ts. Dr M. Dewika Naidu (Chemical Engineer)
* Ir. Yau Chau Fong (Electrical Engineer)
* Ir. Rusnida bt Talib (Civil Engineer)
* Ir. Abdul Razak bin Yakob (Petroleum Engineer)

Register the next generation here! https://www.myiem.org.my/events/eventregistration.aspx?id=18391

Malaysia fresh lockdown hit on petrochemical ops likely limited

July 9, 2021

Dateline 2021-05-31, ICIS:

Malaysia will go on a nationwide lockdown for two weeks from 1 June, but petrochemical production will continue and is likely be spared from any major disruption given its classification as an essential sector.

For some local downstream plastic manufacturers, however, the lockdown may cause a manpower crunch.

The lockdown was announced on 28 May, following a sharp rise in new coronavirus cases in the country, with only essential economic sectors and services allowed to operate.

“This decision was made after taking into account the current situation of the COVID-19 outbreak in Malaysia, with daily cases surpassing 8,000 and over 70,000 active cases,” Malaysian Prime Minister Muhyiddin Yassin said.

The country reported five straight days of record hikes in coronavirus cases, with overall infections at more than 565,500 with 2,729 deaths as of 30 May, according to health ministry data.


Malaysia fresh lockdown hit on petrochemical ops likely limited

July 7, 2021

Dateline 2021-05-31, ICIS:

Malaysia will go on a nationwide lockdown for two weeks from 1 June, but petrochemical production will continue and is likely be spared from any major disruption given its classification as an essential sector.

For some local downstream plastic manufacturers, however, the lockdown may cause a manpower crunch.

The lockdown was announced on 28 May, following a sharp rise in new coronavirus cases in the country, with only essential economic sectors and services allowed to operate.

“This decision was made after taking into account the current situation of the COVID-19 outbreak in Malaysia, with daily cases surpassing 8,000 and over 70,000 active cases,” Malaysian Prime Minister Muhyiddin Yassin said.


Shout Out – 2021-07 AER Going Global With MATRADE’S SEF

July 5, 2021

I’m the MC for this presentation, so expect PG-15, innuendos and double enders. The event will be at 11am, 6th July, online

You can join here: https://docs.google.com/forms/d/e/1FAIpQLSfLf1JgtdsfFoj-CKgg2F5BQFNT9bed_b8hZ0SgnEVNK4SMig/viewform


Malaysia: Offshore supply vessels in illegal STS oil transfer at Kemaman; arrested

July 2, 2021

It says offshore supply vessels, but not obvious in the text. Clickbait?

Dateline 2021-05-27, Manifold Times:

The Malaysia Maritime Enforcement Agency (MMEA, or Malaysian Maritime) on Tuesday (25 May) said it has arrested two offshore supply vessels over an illegal ship-to-ship (STS) oil transfer operation at the waters around Kemaman port.

A MMEA patrol boat detected the two ships approaching each other in a suspicious condition around 3.4 nautical miles from Kuala Kemaman and an arrest was made to the parties at 11.30am (local time) on Monday, said Kemaman Maritime Zone Director, Maritime Commander Rashidilhadi bin Abd Rashid.


Did China Just Sound The Death Knell For Venezuela’s Oil Industry?

July 1, 2021

There’s a Malaysian twist here, just hold your horses.

Dateline 2021-05-21, Oilprice:

China has announced that it will impose taxes on heavy sour crude, a move that could hit Venezuela hard as it continues to struggle with U.S. sanctions and a dilapidated oil industry. Media reports suggest as many as 400,000 bpd of Venezuelan oil could be orphaned as new Chinese tax laws make it impossible for the country to export its crude to Asia. New regulations expected to come into place on June 12 would make the profit margins on Venezuelan oil too low to warrant its current export route.

Venezuela has not been exporting oil directly to China since 2019, largely due to the U.S. sanctions that continue to restrict the country’s oil exportation. However, China has been importing Venezuelan oil via Malaysian refineries, where it is mixed with fuel oil or bitumen before continuing on to China. China’s new rules could add around $30 per barrel to this “diluted bitumen”, making it economically inviable. Light cycle oil (LCO) and mixed aromatics will also be taxed under the new scheme.


Amid rising ESG pressure, Malaysia prepares oil and gas firms for green economy (subscription required)

June 29, 2021

Dateline The Business Times, 2021-05-21:

AS a major energy exporter, Malaysia is taking steps to help oil and gas companies transition to a low-carbon economy at a time when investors and consumers increasingly demand cleaner energy and climate action.


PTTEP Makes Another Gas Discovery Offshore Malaysia

June 28, 2021

Dateline 2021-005-17, Offshore Engineer:

Thai oil company PTTEP has made another gas discovery offshore Malaysia, this time at the exploration well, Kulintang-1, its first drilled in the Block SK438, located around 230 kilometers off the coast of Miri, Sarawak.

The company has been on a discovery spree in Malaysia as it recently announced discoveries at Sirung-1 well, in Block SK405B, Dokong-1 wildcat well in Block SK417, and at the Lang Lebah-2 well, in Block SK410B.

As for the latest discovery, Phongsthorn Thavisin, PTTEP Chief Executive Officer, said that PTTEP had started drilling at the Kulintang-1 wildcat well in Block SK438 in March 2021. The well was drilled to a total depth of 2,238 meters in April 2021.


PTTEP revs up Malaysia exploration

June 25, 2021

Dateline 2021-005-18, Upstream Online:

Thailand’s national upstream PTTEP as early as next week is set to spud the Mak Yong wildcat offshore Sarawak, part of its 2021 exploration and appraisal drilling campaign in Malaysia that has already come up trumps on several wells.

The Mak Yong-1 exploration well on shallow-water Block SK 438 will be drilled by the Borr Gunnlod, one of two jack-up rigs it has on charter from Norway’s Borr Drilling.

PTTEP last month completed the tight Kulintang-1 probe on the same block before moving Borr Gunnlod to the Pemanis field, part of the operator’s blocks SK 309 and SK 311 phased gas fields development.