IGL Training – 2018-06 Business Course

May 2, 2018

IGL SERVICES SDN BHD is glad to invite you to take part in our training course that listed below:

Date:       27th & 28th June 2018

Trainer:   Ir Danaraj Chandrasegaran

Venue:     Hilton, Petaling Jaya

For Further Information & Registration: Visit here


Sarawak gains full control over state’s oil and gas sector as Malaysia election nears

May 1, 2018

Dateline 2018-03-07, The Straits Times:

Sarawak announced yesterday that it now has complete mining rights over its territory, making it the first state in Malaysia to form a state-owned oil and gas company.

Sarawak Chief Minister Abang Johari Openg said the formation of Petros, which was founded last year, was part of the promise made by the federal government to return eroded rights from the Malaysia Agreement 1963 (MA63), signed when the giant state agreed to become part of Malaysia.

“This gives Sarawak full regulatory authority of the upstream, downstream aspects of the oil and gas industry,” said Datuk Abang Johari at an event to launch Petros in the Sarawak capital of Kuching.


Malaysia’s MISC Confirms Cooperation With Anti-Graft Agency On Alleged Bribery

April 29, 2018

Dateline 2018-03-06, Nikkei:

Malaysian oil-and-gas shipping firm MISC said Tuesday it has been giving full support and cooperation to Malaysian Anti-Corruption Commission or MACC on the investigation related to company’s alleged bribery.

“The group has a zero tolerance policy against any form of bribery or corruption by our employees, subsidiaries or any persons or companies acting for MISC or on its behalf,” the company said in an exchange filing.

MISC’s response comes following an earlier report by The Sun newspaper, said officials of MISC were under MACC probe over allegations of power abuse and corruption involving about 109 million ringgit ($27.9 million).

 


Johari: Impact of rising oil price on Malaysia’s revenue will only be known after one year

April 28, 2018

Dateline 2018-03-06, Malay Mail:

The impact of rising global oil prices on Malaysia’s revenue will only be known after one year, said Second Finance Minister, Datuk Seri Johari Abdul Ghani.

He said the ups and downs of oil prices would not provide accurate expectations on additional revenue as the oil price announced during the presentation of Budget 2018 was an estimated annual average price.

“During the Budget 2018 presentation, the government estimated 2018’s petroleum revenue to average RM37.8 billion, including petroleum income tax, royalties and ancillary income from Petronas.

“The estimate was based on average oil price of US$52 per barrel. For the period of Jan 1 to Feb 23, 2018, global average oil price was US$67.15 per barrel,” he said at the Dewan Rakyat here today.


Petronas exercises prudence

April 27, 2018

Dateline 2018-03-05, NST:

Even as oil prices have improved in recent months, national oil company Petroliam Nasional Bhd (Petronas) is maintaining a cautious outlook this year and warns against slipping into complacency.

Its president and group chief executive officer Tan Sri Wan Zulkiflee Wan Ariffin said Petronas has formulated its budget based on the assumption of oil price of below US$60 (RM236) per barrel.

“Some consultants have forecast higher than that, but then they change their forecasts every three months. Petronas cannot do that. We have to be more prudent,” he told editors at a briefing ahead of the group’s full-year results announcement, here, recently.


Wan Zul shows his mettle

April 26, 2018

Dateline 2018-03-04, NST:

THERE are certainly many things on his plate but Petronas president and group chief executive officer Tan Sri Wan Zulkiflee Wan Ariffin certainly looks more confident in guiding the oil giant at least in the next three years.

When he took over in April 2015, the company was beset with an oil price slide. His immediate task was to tide over the trying times and to stay profitable.

The crude oil prices have since recovered and improved further last year on the back of demand driven by India and China.

But that does not mean Petronas is losing its focus to manage cost and remain prudent while continuing to invest for the future.

There should not be the overexuberance that seems to be creeping back in some other oil and gas players.

“We must continue to stay the course,” the chemical engineer by training told a group of editors last week.


Diving Komodo 2017-12 – 8 of 8

April 25, 2018

PSA 2018-04 – Al-Nidaa’ Building Bricks 2.0

April 24, 2018

I’ve been asked to advertise this. Since I am a fan of the organization, please support the organization, and come attend it’s events. Link to page here.

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IEM Shout Out – 2018-05 Two Day Course on Effective Engineering Problem Solving and Decision-Making

April 24, 2018

My technical division will be hosting a 2 day course on the 7th and 8th May 2018. It is worth 14 CPD points, and held at Wisma IEM. The course will be presented by Ir. Al-Khairi Mohd Daud.

This 2-day programme lays the foundation for effective problem solving and decision making for young engineers, executives and supervisors. Engineers’ role is to solve problems. If engineers could not define the problems properly then the problem could never be solved. Thus, effective methods of problems solving is a mandatory skill to engineers. Getting to the root cause of the problems and find the best solutions is very important to the organization and to ensure the solutions provided is right and effective.

The objectives of the course is to trained the participants to:
Effectively solve problems for engineers, executive and supervisors
Better contribute to maximizing company productivity through preventing potential problems from happening
Resolve problems which arise at work

This course is based on interactive learning via group discussions and exercises, real case studies and participants will have to write down individual plans to implement what is learnt from the programme.

Recommended Attendees
Young Engineers, Executives/Supervisors who have not yet been trained in problem solving and decision making

 

Ir. Al-Khairi Mohd Daud has over 24 years of experienced in Oil and Gas, petrochemical, oleo chemical, manufacturing and facilities management He is the country expert for ASEAN Energy Management Accreditation Scheme and an expert in healthcare facilities management. He has assisted in drafting few Malaysian Standards including the Malaysian Standard for Quality in Healthcare. He has presented papers in national and international conference especially on maintenance and asset management. He is the owner of Faqeh Management who specialized in asset and energy management.

Register here, or download the form here.


Saturday Star 2018-04-21 – Job Opportunities

April 23, 2018

Happy post-IEM AGM week. IGL has pivoted into training, so book your seats now.

We’re thinking of republishing Young Turks of PETRONAS, but it’s a minimum 500 book printing run. Do I have enough interested persons to purchase?

Donate to your favorite charity (me), buy my recommendations, or through my Amazon store. Or get the Young Turks series (3 books until I can get YTP republished). Where are those corporate sponsors? Or throw donations at me, my camera dive case flooded, and I need a new replacement. Heck, if you want to send me a Canon 5D Mk III plus dive case, I will not say no.

  • I have a feeling that The Star isn’t the preferred O&G job recruitment portal now, and they have moved adverts to another online presence (I bought a dead tree edition this week). I see more adverts via social media. What do you think, is it a step change that the papers need to embrace?
  • I’m looking for jobs for 3Q2018. Send me your POs.

Food choice of the week? Apparently, IEM sponsonsed meals

This week, may I suggest you have a peek at Dakwah Corner? They have branches in Subang Parade, PJ Section 14, Ampang Park (okay, forget about the Ampang Park branch)