Turf war over Sarawak oil & gas resources may stump new investments

September 25, 2018

Dateline 2018-07-08, The Sun Daily:

Industry players believe that the turf war of sorts between Petroliam Nasional Bhd (Petronas) and the Sarawak state government is likely to affect new investments into the state’s oil and gas sector more than existing players in the market.

A senior analyst who spoke to SunBiz on condition of anonymity said those who are already operating in the state might not see much of an impact at this juncture, but it is best for fresh entrants to take on a wait-and-see approach as the matter unfolds.

Kenanga Research in its note to investors last Thursday said it expects the ongoing tussle between Petronas and state-owned Petroleum Sarawak Bhd (Petros) to continue with anticipation of Petronas pursuing a court case, although this might delay the awards of Production Sharing Contracts (PSC) in the state.

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State oil firms’ new global O&G challenges

September 24, 2018

Dateline 2018-07-09, The Malaysian Reserve:

For over a decade from the early 1990s, Petroliam Nasional Bhd (Petronas) was the champion of national oil companies (NOCs) challenging the established order in the global petroleum industry.

Then, it was relatively unheard of for state oil firms to venture outside their national borders to prospect for oil and gas (O&G), strictly the domain of international oil companies (IOCs).

Established players like Exxon Mobil Corp, Royal Dutch Shell plc and BP plc became the giants that they are today by making the highly risky business of finding and extracting O&G resources from the ground their specialty.

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Bunga Pakma platform starts producing gas

September 23, 2018

Dateline 2018-07-09, NST:

Repsol Oil and Gas Malaysia Ltd is on track to meet the company’s target after starting to produce gas at one of six oil wells in the Bunga Pakma Joint Development Area.

Repsol Malaysia Business Unit director Jorge Milathianakis said the production at Bunga Pakma’s first oil well was the result of collaboration with partners Petronas and PetroVietnam.

He said the first gas production was not only implemented on schedule, but also at a lower cost than expected.

“The main contributing factor of the success of this project is due to the strong support from our two partners,” Milathianakis said, adding that most of the gas produced will be purchased by Vietnam and the balance used in Malaysia.

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Blaze at Kemaman oil refinery extinguished (NSTTV)

September 22, 2018

Dateline 2018-07-06, NST:

The massive blaze which engulfed three of the Kemaman Bitumen Company’s (KBC) giant crude oil tanks at the KBC industrial area in Telok Kalong here for the past three days, has been successfully extinguished last night.

Terengganu Fire and Rescue Department director Azlimin Mat Noor said the firefighters managed to extinguish the fire at 6.40pm using the direct dousing method.

“We have also conducted monitoring using drones. (In fact,) we did not spot anymore fire from above and had used ‘thermo x-ray’ to see whether or not there was fire,” he told reporters when met at the industrial area here last night.

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Malaysia fights to rein in blaze at Tipco oil storage facility

September 21, 2018

I thought the company involved was KBC?

Dateline 2018-07-06, Straits Times:

Fire and rescue officials are battling to contain a blaze at three oil storage tanks of the Tipco Asphalt refinery in Malaysia’s southern town of Kemaman, media said on Friday (July 6).

The fire, which began on Thursday, had spread to a third tank, the New Straits Times newspaper said on its website, adding that losses were expected to run into the millions of ringgit.

Authorities expect to douse the fire in the first two tanks by Friday afternoon, Malaysian media quoted Assistant Commissioner Azlimin Mat Noor, an official of the fire and rescue department in the state of Terengganu, as saying.

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Deliver 20% oil royalty first, Pakatan urged

September 20, 2018

Dateline 2108-07-05, FMT:

The federal government has been urged to deliver on an election campaign promise of granting a 20% oil royalty to Sabah and Sarawak, even as the national petroleum company, Petronas, insists that it has legal rights to oil and gas resources in the whole country.

Johan Ariffin, a former deputy director of Sabah Foundation, said the issue of the ownership would take time to resolve.

However, the Pakatan Harapan campaign promise of 20% oil royalty could be carried out “without much difficulty and should be done first” before the dispute over ownership was resolved, he said.

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Sarawak to give its oil law more bite

September 19, 2018

Dateline 2018-07-04, Malay Mail:

he Sarawak Oil Mining Ordinance 1958 (SOMO) seeks to bar any company or person from building, erecting and decommissioning any mining structure within Sarawak’s territorial boundary, unless authorised in writing by the State Minerals Mining Authority.

A maximum penalty of RM250,000 or an imprisonment of three years or both upon conviction await any person or company who fails to comply with the provision.

This is one of the provisions to be included in the Sarawak Oil Mining Ordinance 1958, which will be tabled for amendments at next week’s sitting of the Sarawak State Assembly.

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Petronas’ statement arrogant, insensitive, says Abdul Karim

September 18, 2018

Dateline 2018-07-04, Borneo Post:

The recent press statement from Petroliam Nasional Berhad (Petronas) is described as a strongly-worded statement that is both arrogant and insensitive.

In the statement, Petronas maintains its claim over Sarawak’s oil and gas resources; that it has exclusive ownership of the petroleum resources in Malaysia, and that it is the sole regulator of the upstream sector in the country.

Minister of Tourism, Arts, Culture, Youths and Sports Datuk Abdul Karim Rahman Hamzah said the statement did not bode well with Sarawak and its people, and wondered if this was a new form of colonisation.

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IEM Shout Out – 2018-10 Two Day Course on Understanding Process Control For Oil & Gas Production Operators, Technicians And Engineers

September 17, 2018

My technical division will be hosting a 2 day course on the 16th and 17th October 2018. It is worth 13 CPD points, and held at Wisma IEM. The course will be presented by Associate Professor Dr. Syamsul Rizal Abd. Shukor, Associate Professor Ir. Dr. Zainal Ahmad and Ir. Dr. John Eow.

The oil & gas production processes (such as sand separation, produced water treatment, seawater filtration, crude oil and gas treatment) require reliable monitoring and control strategy to maintain optimum operational performance. Moreover, process operations are always being affected by disturbances, which negatively affect product quality and cause unplanned process shutdown. Therefore, a good understanding and competency on the major oil & gas production process operations and control are vital for the production personnel. This 2-day course is designed to educate the participants on the engineering design and process control practices in the oil & gas production processes, such as sand separation, produced water treatment, and crude oil desalting.

The course will cover the following major topics:
• Introduction to Oil & Gas Production Processes (such as sand separation, produced water treatment, crude oil treatment, etc.)
• Basics of Process Control
• Process Characteristics: Static and Dynamic
• Final Control Elements
• Controller Algorithm and Controller Tuning
• Single & Multiple Control Loops

Upon completion, the participants will be able to understand the process control fundamentals related to oil & gas production processes.   Moreover, they will have the basic knowledge to apply the process control concepts in monitoring their production process performance, and for better controller tuning to optimize their production outputs.

Register here, or download the form here.

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Petronas maintains it has exclusive ownership on petroleum resources

September 16, 2018

Dateline 2018-07-02, FMT:

Petronas maintains that it has exclusive ownership of the petroleum resources in Malaysia and is the sole regulator of the upstream sector in the country.

It said this in reference to a press statement by the Sarawak chief minister’s office yesterday on the state government’s intent to exercise its power under the relevant laws relating to oil and gas activities in the state.

Moving forward, Petronas said it would closely monitor the situation, including seeking views and guidance from the federal government, being the sole shareholder of Petronas, in carrying out its duties.

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