South China Sea: does one-on-one mean a one-sided deal for Malaysia?

October 31, 2020

Just about fits into the ‘black oil’ category.

Dateline 2020-09-27, SCMP:

When Malaysia agreed last year to one-on-one talks with rival claimant China over the South China Sea, it caught observers by surprise.

While Kuala Lumpur was not the most vocal opponent of Beijing’s claims in the area, it had long been reluctant to engage in such negotiations.

Instead it has sought to chart a course between not antagonising China and quietly pursuing its own plan for oil and gas exploration in the contested waters.It has preferred to leave discussions about jurisdiction over the resource-rich area to regional groupings like the Association of Southeast Asian Nations (Asean), where various countries can work together to have a bigger say.

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Exxon eyes shortlist for Malaysian oil and gas assets

October 30, 2020

Dateline 2020-09-25, Oil & Gas 360:

Exxon Mobil has narrowed the list of bidders for its oil-producing offshore assets in Malaysia that could potentially raise $2 billion to $3 billion in a sale, according to people with knowledge of the matter.

U.K.-listed EnQuest Plc and Kuala Lumpur-traded Hibiscus Petroleum Bhd. are among those that have been chosen to submit binding bids for the assets, the people said. Other companies have also expressed interest, said the people, who asked not to be identified as the discussions are private.

Exxon Mobil started the process to sell its Malaysian assets last year as part of its global divestiture program, Bloomberg News has reported. It produces oil and gas in the Southeast Asian nation under four production sharing contracts with the state-owned Petroliam Nasional Bhd., according to its website.

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Intern Position – Chemical / Mechanical / Others (2020-11)

October 29, 2020

Background
IGL Services Sdn Bhd is looking for intern(s) to start immediately for 2 months or more. The role will be to support the company in both technical and administrative roles.

Qualification
A background in chemical engineering. Current GPA 3+.
Self starter.
Available for 2 months or more.
University students accepted.
Good communication skills, either Bahasa or English. Good document writing skills are essential.

Location
Will be based in or around Puchong Prima, Selangor.

Functional Position
The candidate will be reporting to lead engineer

Renumration
Intern allowance, and any out of pocket expenses.

Notes
Internship does not automatically translate to permanent employment.
As small company, roles will be assigned per business requirements.
Applicant to state what they MUST do to fulfil intern requirements, so Company can plan as appropriate.

Contact enquiries@igl.com.my, subject “Intern 2020-10”
Closing date: 2020-11-30

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It’s not for Bung to say we can’t get 20% oil royalty, says Sarawak minister

October 29, 2020

Dateline 2020-09-25, FMT:

 A Sarawak minister said Sabah Umno chief Bung Moktar Radin has no say on whether Sabah and Sarawak can get 20% oil royalty from Putrajaya.

“It’s not for Bung to decide on whether Sabah or Sarawak can get the 20% oil royalty or not, ”Sarawak’s Tourism Minister Abdul Karim Rahman Hamzah told FMT.

“Whether Sabah or Sarawak get the 20% oil royalty wholly depends on the executive’s decision. If the prime minister agrees, then it will happen. Therefore, I’ll take his statement as his personal opinion only,” he added.

He was commenting on Bung’s recent statement that there was no way for Sabah and Sarawak to get 20% oil royalty from Putrajaya.

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Taskforce to look into abandoned oil wells in Miri, says Sarawak minister

October 28, 2020

Dateline 2020-09-23, Malay Mail:

A taskforce will be set up with the objective of ensuring that all 624 abandoned oil wells throughout Miri would not pose any danger to the public and also to the environment.

Transport Minister Datuk Lee Kim Shin said this taskforce, comprising experts from oil and gas (O&G) industries, would be chaired by the Miri Resident.

“Petronas, Shell and Petroleum Sarawak Bhd (Petros) will form this taskforce.

“We will also invite those from Curtin University Malaysia, who are experts in petroleum engineering and geophysics, to look into all the abandoned oil wells in Miri, particularly those up on Canada Hill that have been left abandoned for a long time,” he said when met by reporters after chairing a meeting on ‘Abandoned Oil Wells and Historical Places in Miri’, which took place at the Resident’s Office here yesterday.

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Petronas seeks investors to revive Malaysian upstream as majors exit

October 26, 2020

Dateline 2020-09-22, Energy Voice:

After reporting a $5 billion loss, Malaysian national oil company (NOC) Petronas is eager to see new money flow into its domestic upstream sector, especially as the majors, such as ExxonMobil, seek to exit the Southeast Asian nation.

Industry sources told Energy Voice that Petronas – the sole manager of Malaysia’s oil and gas reserves – is exploring ways to open up its upstream sector to mid and late-life operators. Traditionally, the NOC, has been very particular about who can operate the country’s upstream assets, preferring giant players, such as Shell, ExxonMobil and ConocoPhillips.

But this mindset is changing as most of the major foreign companies have put their Malaysian assets up for sale. Petronas now needs to find new investors, especially companies with experience squeezing more oil and gas from ageing and marginal fields.

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SK408 Gas Fields Development Project, Offshore Sarawak

October 25, 2020

Dateline TBA, Offshore Technology:

SK408 gas fields development project is located within the SK408 Production Sharing Contract (PSC) area, approximately 120km offshore Sarawak in Central Luconia Gas Province, Malaysia.

The project includes five natural gas and condensate fields, namely Gorek, Larak, Bakong, Teja, and Legundi.

The gas fields development project is being developed jointly by SapuraOMV Upstream (40%), Sarawak Shell Berhad (30%) and Petronas Carigali (30%). The phase one development of the SK408 project includes the commercialisation of the gas reserves from the Gorek, Bakong, and Larak fields.

The final investment decision (FID) on the development of the three fields under the first phase was made in April 2018.

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Husam says submitting four O&G-related proposals on Kelantan economic development to PM

October 24, 2020

Dateline 2020-09-20, Malay Mail:

Parti Amanah Negara’s Datuk Husam Musa said he will submit four proposals on Kelantan’s economic development related to the oil and gas (O&G) industry to Prime Minister Tan Sri Muhyiddin Yassin.

Husam, who is Kota Baru Amanah chief and adviser to the party, said the proposals that will be sent following the conclusion to the Sabah state election, were previously submitted to former prime minister Tun Dr Mahathir Mohamad by way of four letters last year.

“Even though Kelantan is under the leadership of PAS, I as a senator have written at least four letters to Dr Mahathir in an effort to further improve Kelantan’s economy.

“God willing these proposals will be submitted after the Sabah state election. If before this I have not copied to the state government, it will be sent to the mentri besar this time,” he was quoted as saying by Sinar Harian.

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ASEAN BIZ CHAT FOR ENGINEERING (ABC4E) & VIRTUAL EXHIBITION 2020 – 24th November 2020

October 24, 2020

It is this time of the year for this remarkably talented group of engineers who get together and toy with the creative side of their brains to invent a sensation for the engineering fraternity.

Engineering is not just about bolts and nuts nor quantum physics. But engineering can signify a new spectrum. It creates energy, frequency, and vibration, networking, business opportunities, and diversification.

The ASEAN Engineering Register Commission (AER) under the governing body of the ASEAN Federation of Engineering Organisations (AFEO) proudly presents “ASEAN BIZ CHAT FOR ENGINEERING (ABC4E) & VIRTUAL EXHIBITION 2020″ (#abc4e).

Come and join us for an afternoon treat filled with engineering experts around ASEAN, sharing their expertise and business opportunities that await you in their respective countries.

WE ARE PROVIDING VIRTUAL EXHIBITION PLATFORM FOR THOSE WHO WISH TO PROMOTE YOUR COMPANY’S PRODUCTS AND SERVICES.

OR join as a participant.

This event will surely be a mouth-watering experience and flavor that will satisfy your business development appetite.

ASEANising Engineers for A Prosperous ASEAN Community

Register Now!

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Thank you for your response. ✨

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Sarawak Petroleum Contractors Association advises Miri residents to avoid Canada Hills

October 23, 2020

I posit an alternate theory that this is where the lizard men will emerge from Tarzan’s land at the center of the earth (be well read on the originals, people).

Dateline 2020-09-18, Malay Mail:

The Sarawak Petroleum Contractors Association (SPECA) has asked Miri residents not to enter abandoned oil well sites for their own safety as one location around Canada Hill in the city is believed to be emitting gas.

Its president, Datuk Rahman Lariwoo today said this was because members of the public had found a hole foaming, believed to be leaking liquefied natural gas at one of the sites of an abandoned oil well in the area recently.

“Actually, the discovery does not show that there are still sources of oil and gas around Miri city but it is probably a leakage from the waste materials of an abandoned oil well and is hazardous to the public,” he said during a press conference here.

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