Diving – Bali 2015-12 Pt 5

March 16, 2016

USAT Liberty Bell


Malaysians brace for hard times as oil rout rocks Petronas

March 15, 2016

Come one, Exxon, Shell, and Roc Oil. Step in, all fill the shoes up. Unfortunately, IGL doesn’t have a fiduciary responsibility to bail out its clients.

Dateline 2016-01-22, the Malay Mail:

When Malaysian oil giant Petronas announced sharp spending cuts and described a dismal outlook this week, it was confirmation for millions that they will struggle to make ends meet this year amid high costs, a plunging currency and fewer jobs.

The country’s only Fortune 500 company, state-owned Petroliam Nasional Bhd drove Malaysia’s modernisation push in the last two decades that was symbolically crowned by its construction of the world’s tallest twin towers in the heart of Kuala Lumpur.

But as the oil boom turns to bust, Petronas ― and with it Southeast Asia’s third-largest economy ― is slowing down, and Malaysians are bracing for hard times. The company is one of Malaysia’s biggest employers, and accounts for nearly a third of the government’s oil and gas-related revenue.

 


IEM Shout Out – Technical Visit to Yakult (M) Sdn Bhd

March 15, 2016

This is a shout out for the IEM. My technical division will be hosting a trip to Yakult. It will be a ‘technical’ visit (hint, hint) on the 19th March, 2016. You will be anointed with 3 CPD / PDP hours.

Yakult was born over 75 years ago and since then has been loved by 28 million of consumers overseas. However, in Malaysia, Yakult is still a young and growing company. Yakult Ace was launched here just a few years ago in 2004. Yakult (Malaysia) Sdn Bhd is a wholly owned subsidiary of Yakult Honsha, Japan. Yakult has committed millions of ringgit to establish and operate our one and only local factory in Seremban, Negeri Sembilan and our Head Office in Glenmarie, Shah Alam. Since then, we have opened branch offices in Johor Bahru, Melaka, Penang, Kuantan, Ipoh, Seremban and Kota Bharu. Yakult is a high quality probiotics in the form of a cultured milk drink. Yakult contains the probiotic bacteria “Lactobacillus casei Shirota” (also called the “Shirota strain”). With 30 billion live Shirota strain in each bottle, Yakult has among the highest concentrations of probiotics compared to other probiotics on the market (most probiotic drinks and supplements claim to contain at most 1 to 10 billion live probiotic bacteria per serving or per capsule). The Yakult factory was built specially with visitors in mind where the participants can view the whole production process and see how Yakult is being made and can even take a closer look at our bacteria using a microscope, enjoy fun and educational video shows, and sample some delicious, freshly-made Yakult.

 

Register here and get the flyer here.


Petronas may retrench staff, says report

March 14, 2016

Dateline 2016-01-21, TMI:

Petroliam Nasional Bhd (Petronas) is considering retrenchments for some of its 51,000 staff as one of the options as the Malaysian state-owned oil company confronts the realities of low oil prices, the Malaysian Reserve reports.

A source with knowledge of the matter told the business daily a voluntary separation scheme (VSS) for permanent staff is being considered by the Petronas management.

On Tuesday, The Wall Street Journal reported that Petronas was planning to slash as much as RM50 billion (US$11.41 billion) in capital and operating expenses over the next four years.

 


Saturday Star 2016-03-12– Job Opportunities

March 14, 2016

Happy Koh Lipe Week. Donate to your favourite charity (me), buy my recommendations, or through my Amazon store. Or get the Young Turks series (all 4 books). 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’m looking for jobs for 3Q2016. Send me your POs.
  • I believe PETRONAS is looking for an Advisor. Only applicants who reply ‘how high’ when ask to jump by the powers that be, need apply.
  • An associate of mine is looking for a technical safety part-time adviser. 2 Associates, actually. Needs to be needle sharp with respect to QRAs, and HSE safety cases. A calm demeanor to handle nonsensical questions from young engineers helps as well. Either that, or a drinking problem.
  • Nothing in the papers this week. See Happy note above.

Support your local bookshop!  Bookalicious at The Summit Subang is a good choice. I think they focus on trilogies, quadrilogies, and other ologies. Tell them I sent you, and enjoy the look of perplexity on their faces. Those of you who have dropped my name, thanks!

Food choice of the week? Any weight loss diet.

Let’s get a bit nostalgic with the book selection.

Wetter, Louder, Stickier: A Baby Blues Collection (Baby Blues Scrapbook), BBXX: Baby Blues: Decades 1 & 2, Bedlam


BSN confirms freezing loan applications from oil and gas workers

March 12, 2016

As long as Tabung Haji isn’t investing in oil & gas.. hold on, that isn’t true…

Dateline 2016-01-21, TMI:

The government-owned Bank Simpanan Nasional (BSN) says it is tightening lending rules for loans to employees in the oil and gas sector.

A statement from the bank said this move was being made as a precautionary measure amid risks for the oil and gas sector which was faced with falling oil prices.

“The proposed tightening of loan and credit approvals is a temporary measure in line with the general expectations for prudent risk management,” the bank said in a statement today.

 


Big money in oil? I’ll take a pay cut just to get a job now, undergrads say

March 11, 2016

Everyone is taking a paycut, though bottom feeders are getting hit worst.

Dateline 2016-01-19, Malay Mail:

They used to dream of a RM7,000 basic monthly salary in their first year of employment, with thousands of ringgit more just from allowances. But now, petroleum engineering students say they have doubts about their career choice as they witness the oil & gas (O&G) industry lay off tens of thousands of workers worldwide.

Malay Mail Online spoke to several petroleum engineering students who said much of their optimism and confidence for a solid career in the O&G industry has been shaken after seeing the unexpected prolonged oil price rout ravage what was once considered the most stable and lucrative job market.


Uggah: Malaysia committed to B10 biodiesel

March 10, 2016

Dateline 2016-01-19, Malaysiakini:

Malaysia is still committed to its plan to raise its biodiesel mandate to 10 percent despite low oil prices, a senior government official said today.

Malaysia’s Plantation Industries and Commodities Minister Douglas Uggah Embas said they were in the final stages of consultation with stakeholders on the B10 programme, which mandates a minimum 10 percent of bio content in diesel, and will submit a cabinet paper on this by the end of February.


IEM Shout Out – 2016/04 Full-Day HAZOP Training For Team Members – A Practical Approach

March 10, 2016

My technical division will be hosting a 1 day course on the 31st MAY, 2016. It is worth 6.5 CPD points, and held at (wait for it) Hilton PJ. Since I’m giving it, I expect hoards will have to be turned away at the gates. And it’s a big room, so I need to fill the seats.

A Hazard and Operability study is a formal and systematic and detailed examination of the process and engineering intentions of new or existing facilities which assesses the hazard potential and effects on the facility as a whole when operation is outside of the design envelope, or individual items of equipment malfunction.

This course is designed to educate participants in the HAZOP process from the perspective of a HAZOP team member. It is meant to provide both instruction and workshop sessions so that the participants:

  • Are familiar with the concept of ‘risk’
  • Are familiar with the theory behind HAZOP
  • Are familiar with the actual HAZOP workshop process
  • Have expectations as to what the HAZOP will (and won’t provide)
  • Understand what deliverables can be expected from a HAZOP
  • Have the opportunity to participate in HAZOP exercise in a safe environment
  • Opportunity to share HAZOP experiences

At the end of the session, the participants should:

  • Understand the responsibilities of all parties in the HAZOP
  • Have experience in a HAZOP session.
  • Understand the outcomes from a HAZOP session

Wata has 19 years of experience in the oil and gas industry, in both design and operations.

Register here, or download the form here.


IEM Shout Out – Technical Visit to Yakult (M) Sdn Bhd

March 10, 2016

This is a shout out for the IEM. My technical division will be hosting a trip to Yakult. It will be a ‘technical’ visit (hint, hint) on the 19th March, 2016. You will be anointed with 3 CPD / PDP hours.

Yakult was born over 75 years ago and since then has been loved by 28 million of consumers overseas. However, in Malaysia, Yakult is still a young and growing company. Yakult Ace was launched here just a few years ago in 2004. Yakult (Malaysia) Sdn Bhd is a wholly owned subsidiary of Yakult Honsha, Japan. Yakult has committed millions of ringgit to establish and operate our one and only local factory in Seremban, Negeri Sembilan and our Head Office in Glenmarie, Shah Alam. Since then, we have opened branch offices in Johor Bahru, Melaka, Penang, Kuantan, Ipoh, Seremban and Kota Bharu. Yakult is a high quality probiotics in the form of a cultured milk drink. Yakult contains the probiotic bacteria “Lactobacillus casei Shirota” (also called the “Shirota strain”). With 30 billion live Shirota strain in each bottle, Yakult has among the highest concentrations of probiotics compared to other probiotics on the market (most probiotic drinks and supplements claim to contain at most 1 to 10 billion live probiotic bacteria per serving or per capsule). The Yakult factory was built specially with visitors in mind where the participants can view the whole production process and see how Yakult is being made and can even take a closer look at our bacteria using a microscope, enjoy fun and educational video shows, and sample some delicious, freshly-made Yakult.

Register here and get the flyer here.