More photos around USAT Liberty Bell.
Diving – Bali 2015-12 Pt 4
March 9, 2016
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Shout Out – Talk on External Turret Design for Floating Storage Offloading/ Floating Production Storage Offloading Vessel (FPO/FPSO
March 9, 2016This is a shout out for the IEM. My Technical Division will be hosting a talk on the 16th March, 2016 by Ir. Saifulbahari. It’ll be at 5:30 pm (makan-makan at 5:00). I’m giving the talk, so turn up.
This presentation will cover the engineering aspects of an external turret system. The external turret system is attached to the hull of the tanker and allows the tanker to freely weathervane and thereby takes up the least resistance to the combined forces of wind, waves and current. The external turret mooring system is composed of a stationary turret part connected to the external vessel’s structure via a roller type bearing. The turret part is secured to the seabed by catenary or (semi) taught mooring legs to provide sufficient restoring forces to keep the vessel within a design excursion limit. This excursion limit ensures the safe working of the underwater fluid transfer riser system from the seafloor to the turret.
Ir. Saifulbahari has more than 15 years of experience in design and project experience in oil and gas, in particular with floating structures (e.g. FPSO, FSO, CALM buoy, Semi).
He started his career in oil & gas as a Mechanical Engineer at Ranhill Worley. In 2002, he has been selected to be part of Project Management Consultant (PMC) to deliver MISC 1st FPSO Bunga Kertas. Subsequently, he also involved in successfully delivering MISC 1st FSO project, FSO Angsi that was completed within 15 months to first oil. His breakthrough in hydrodynamic and mooring design expertise when he worked for 4 years with INTECSEA Perth office and later with SBM Malaysia.
Currently, he is a Senior Manager of Hull & Mooring in OBU of MISC Bhd. He is heading team of 15 engineers consist of Naval Architectural, Structural and Hydrodynamic and Mooring engineers.
Register here or download the form here. A map to Wisma IEM is presented here.
Leave a Comment » | engineering | Tagged: MISC, OGMTD, razmahwata, turret | Permalink
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Malaysia should assume worst case for oil, says analyst
March 8, 2016Dateline 2019-01-19, AsiaOne:
AS Teheran re-enters the oil market, pushing prices to below US$28 (S$40) a barrel and a 12-year low, an analyst has suggested that it may be necessary for Malaysia to pencil in an ultra-conservative average of US$10 oil in its revised Budget, given the rapid pace of decline of oil prices.
Whether the assumption is provocative or overly bearish, independent interest rate and foreign exchange strategist Suresh Ramanathan maintains that the oil-exporting country needs to “be pragmatic”, and that Putrajaya ought to base its oil inference on the worst-case scenario, rather than go with the crowd.
“It should go below consensus and if the numbers turn out better, they can be revised as Putrajaya will be ahead of the curve rather than behind it,” he said.
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Saturday Star 2016-03-05– Job Opportunities
March 7, 2016Sad lost jobs 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 2Q2016. Send me your POs.
- 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
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Firms ink deal for unmanned aerial vehicle
March 6, 2016We are approaching pilotless helicopters.
Dateline 2016-01-19, Borneo Post:
The oil and gas industry here shall see yet another evolution in its offshore facility with the usage of an unmanned aerial vehicle (UAV) to monitor, observe and collect data.
During a UAV presentation and signing of an agreement between Fatimah Bersatu Sdn Bhd (FBSB) and Evo Sdn Bhd at a hotel here yesterday, FBSB executive chairman Sazali Abdul Rahman said the new technology was set to eliminate unnecessary trouble.
“The main objective of us here is to create awareness among local business community, government agencies, stakeholders and the like of the benefit of the need to rely on technology such as UAV to perform data collection in difficult to reach remote areas.
“Of course, the signing of agreement with Evo Sdn Bhd is intended for the purchase or lease of operation and maintenance support for the setting up a UAV hub in Miri,” Sazali said.
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Malaysia’s Petronas to Slash $11.4 Billion in Capital, Operating Expenses
March 5, 2016Dateline 2016-01-18, TWSJ:
Malaysia’s state oil firm, Petroliam Nasional Bhd., or Petronas, is planning to slash as much as 50 billion ringgit ($11.4 billion) in capital and operating expenditure over the next four years, according to an internal memo sent to staff by its chief executive officer.
The plan comes as the continuing rout in oil prices has hurt major oil companies world-wide, with the price of Brent crude tumbling to $28 a barrel on Friday. The slide could spell a further drop in Petronas’s revenue and earnings, as some domestic and international projects may become unprofitable.
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Petron introduces RON100 fuel
March 4, 2016And how much are you willing to pay?
Dateline 2016-01-15, TMI:
Petron Malaysia Refining and Marketing Bhd today introduced the RON100 fuel into the Malaysian market.
The premium fuel, Blaze 100 Euro 4M, currently retails at RM2.80 per litre and is available in eight service stations in the Klang Valley and Johor with another 30 to 40 stations expected to carry the fuel in the next few months based on customer demand.
Petron has 560 stations nationwide.
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Oil and gas firms expected to cut capital expenditure by 40%
March 3, 2016This was last year, by the way. I presume this has increased to 70% by today. And we are fundamentally boring.
Dateline 2015-12-29, The Star:
ANALYSTS are expecting oil and gas (O&G) firms to cut their capital expenditure by up to 40% next year as global oversupply of the commodity continues.
UOB KayHian said earnings risk for O&G companies had not bottomed out and that the global oil majors were expected to slash capital expenditure by between 10% to 40%.
“The sector is still fundamentally unexciting,” said UOB KayHian in a recent report.
Global oil prices hit their 11-year lows at US$36.25 a barrel last week, before it rebounded. The current oil price is a far cry from the US$115 per barrel registered in June 2014.
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Diving – Bali 2015-12 Pt 3
March 2, 2016Photos at the USAT Liberty, Tulamben, Bali
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Govt open to weekly oil price revision
March 1, 2016Heck, why not make it daily, or allow oil price wars as mentioned in The Will to Compete?
Dateline 2015-12-31, NST:
There will be a weekly fuel price revision if the government agrees with the idea mooted by the Petrol Dealers Association of Malaysia (PDAM).
Deputy Finance Minister Datuk Johari Abdul Ghani said the government was receptive to the idea, adding that PDAM was expected to submit a proposal to the ministry soon.
The retail fuel prices have been fixed on a managed float system since Dec 1 last year, where retail prices are based on the monthly average world price of crude oil.
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Wata - Malaysian Oil and Gas Engineer 