Japan’s JX, Petronas start Malaysia LNG train

February 21, 2017

Dateline 2017-01-24, Hellenic Shipping News:

JX Nippon Oil & Energy Corp said its venture with Malaysian state oil firm Petronas has started commercial operations at the ninth liquefaction train at the Petronas LNG complex in Bintulu, Sarawak.

The train, with a production capacity of 3.6 million tonnes of LNG per year, started on Jan. 1.

The launch of the ninth train comes at a time when U.S. LNG exporters are sending tankers to Asia to fill a gap in the region’s demand as markets have tightened more-than-expected on surging consumption in China and Pakistan, and because of Australia’s struggles to ramp up production.

But still, the LNG market remains well supplied, with available LNG capacity standing 45 percent above demand last year, according to Reuters Eikon data.

JX Nippon Oil, a unit of Japan’s biggest oil refiner JX Holdings, last June bought a 10 percent equity stake in a Petronas subsidiary that was developing the ninth train in Malaysia’s Sarawak state.

…

 

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Posted by Wata

Saturday Star 2017-02-18 – Job Opportunities

February 20, 2017

Happy Wata  IEM VP and Council Candidacy. Vote for me, and spread the word, wilya? 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. 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 2Q2017. Send me your POs.

Food choice of the week? I would suggest visiting Sudu & Garpu, SS15.

Seeing that Joe Dever has passed away, you may want to revisit his books:

Flight from the Dark (Lone Wolf, Book 1), Legends of Lone Wolf Omnibus 1, War of the Wizards (The World of Lone Wolf, Book 4)

2 Comments | Malaysia, oil and gas | Permalink
Posted by Wata

IEM Shout Out – Two Day Course, Business Communication for Success 2017-03

February 19, 2017

My technical division will be hosting a 2 day course on the 22nd and 23rd March, 2017. It is worth 12 CPD points, and held at Wisma IEM. The course will be presented by Ir. Danaraj Chandrasegaran, PEng, MIEM, CEng and Ms. Ratnavathy Ragunathan.

Learning Outcomes

At the end of the course participants will:
• Acquire better core writing fundamentals
• Learn strategies to help you speak and write more clearly
• Strengthen your public presentation skills
• Write more effective reports and other internal documents
• Use plain language to keep messages accessible

 

Ir. Danaraj Chandrasegaran, PEng, MIEM, CEng, MIMechE graduated from University Teknologi Malaysia in 2001 with Bachelor of Mechanical Engineering (Hons), subsequently, pursued his Master Degree in University of Malaya. He has published in international journals and conferences in the past. His career has a diverse outlook on project execution ranging from building construction, marine, mining and energy industry; as a mechanical engineer. He is also a Chartered Engineer of Engineering Council UK and Corporate Member of Institution of Mechanical Engineers (UK).

Ms. Ratnavathy Ragunathan graduated with B. Sc. (Computer Sc.) from University Putra Malaysia in 2002 and subsequently obtained M. Ed. (TESL), University of Malaya in 2012. She worked for both the industry and academia focusing on English Language teaching for adults and professionals. Her specialties are on Business English and Communication Skills; also, a Cambridge ESOL Certified Speaking Examiner. She has developed curriculums, written articles and presented papers on English Teaching with a global outlook. Currently, she is engaged with one of the leading English Language Centre in Kuala Lumpur.

 

Register here, or download the form here.

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Posted by Wata

Shout Out – IGL HAZOP Training 2017-04

February 18, 2017

Yup, IGL is pivotting, and going into training. I’m giving the training, so please turn up in droves. The course is HAZOP for team members on the 18th April 2017 at the PJ Hilton. Register now!

Leave a Comment » | Malaysia, oil and gas, training | Tagged: , | Permalink
Posted by Wata

Nuclear electricity generation requires 100 years of commitment – MNPC

February 16, 2017

Just in time for my brain to be transferred to my liquid metal body, and hooked up to the organic calculating machine in the positronic Dyson sphere, equipted with Heisenberg compensators.

Dateline 2017-01-23, Borneo Post online:

Any introduction of nuclear energy for electricity generation will involve a commitment of at least a century from the government and all stakeholders, says the Malaysia Nuclear Power Corporation (MNPC).

Director Datuk Dr Dominic Lau Hoe Chai said this included the commitment to maintain a sustainable national infrastructure, right from planning, selection of suitable sites, construction, commissioning and operation of the nuclear power plants to decommissioning, as well as, waste disposal and management.

“This requires a sound basis of national decision making founded on objective studies and assessment of national capabilities and state preparedness, supported by public awareness, understanding and acceptance,” he told a seminar on “Public Understanding of Nuclear Energy” here today.

…

1 Comment | Malaysia, nuclear | Tagged: | Permalink
Posted by Wata

Diving – El Nido 3oo5

February 15, 2017

Leave a Comment » | engineering | Permalink
Posted by Wata

PETRONAS LNG 9 Sdn Bhd (PL9SB) commences commercial operations

February 14, 2017

Dateline 2017-01-23, Your Oil & Gas News (yup, that’s the name):

JX Nippon Oil & Energy (JX NOE) is pleased to announce that PETRONAS LNG 9 Sdn Bhd (PL9SB) commenced commercial operations on 1st January.

Last June, JX NOE purchased a 10 per cent stake in PL9SB, which owns the ninth LNG liquefaction train within the PETRONAS LNG Complex in Bintulu, Sarawak, Malaysia. The train has a production capacity of 3.6 million tonnes per annum.

JX NOE’s entry into PL9SB marked its second participation in PETRONAS’ LNG projects, in addition to its existing 10 per cent equity interest in MLNG Tiga Sdn Bhd.

With the addition of the state-of-the-art liquefaction plant owned by PL9SB, the PETRONAS LNG Complex now has the capacity to produce approximately 30 million tonnes per annum. The strategic partnership of JX NOE and PETRONAS will strive towards expanding the LNG business and ensuring a reliable supply of energy for the customers.

…

 

Leave a Comment » | investment, Malaysia | Tagged: , , , | Permalink
Posted by Wata

Saturday Star 2017-02-11 – Job Opportunities

February 13, 2017

Happy Wata  IEM VP and Council Candidacy. Vote for me, and spread the word, wilya? 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. 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 2Q2017. Send me your POs.

Food choice of the week? I would suggest visiting Sudu & Garpu, SS15.

Seeing that Joe Dever has passed away, you may want to revisit his books:

Flight from the Dark (Lone Wolf, Book 1), Legends of Lone Wolf Omnibus 1, War of the Wizards (The World of Lone Wolf, Book 4)

Leave a Comment » | Malaysia, oil and gas | Permalink
Posted by Wata

MMC Corp To Sell Oil, Gas Services Unit For $11.2 Million

February 12, 2017

Old news. But, how does MMCOGE maintain its BEM status as a Engineering Consultancy Practice (ECP) with the new ownership? Someone might want to open that can of worms, or pay me to hide it.

Dateline 2017-01-20, Nikkei Asian Review:

Malaysia’s MMC Corp plans to sell its oil-and-gas services unit for 50 million ringgit ($11.2 million), reflecting a broader consolidation effort sweeping the local oil-and-gas sector.

MMC Corp, a logistics and utilities company, will dispose of its entire stake in wholly-owned MMC Oil & Gas Engineering to privately-held Melati Pertiwi, the company said in a stock exchange filing. Cash proceeds from the deal will be used to repay bank borrowings, it said.

“The proposed disposal will enable MMC to streamline its business operations and focus on the core businesses of MMC” of logistics, utilities, and construction, the company added.

The deal comes at a time when the industry swoons under pressure from protracted low oil prices that prompted major producers globally to cut capital spending and scale back expansion. Despite a recent rebound, crude oil price remains sharply below the triple-digit levels seen mid-2014.

…

 

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Posted by Wata

Indonesia overhauls system for future oil, gas contracts

February 11, 2017

Not Malaysia news, but I would bet that PETRONAS had a look at this

Dateline 2017-01-20, NST:

Indonesia has adopted a new scheme for future oil and gas production sharing deals so that contractors shoulder the cost of exploration and production, rather than being reimbursed by the government. Under the shake-up, flagged late last year, contractors will retain a bigger portion of the oil and gas they recover in return for paying more upfront costs. The shift, designed to ease the burden on Jakarta’s budget, will only apply to new contracts and will not disrupt existing agreements using the current cost-recovery system. Big global firms such as Chevron, Exxon Mobil and Total operate in Indonesia, but the country has struggled to attract fresh investment and to develop new fields.

…

Leave a Comment » | investment, Malaysia | Permalink
Posted by Wata

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