Kelantan to include 14 questions in oil royalty suit

April 25, 2015

Dateline 2015-03-13, FMT:

The Kelantan Government has sought the High Court to include 14 questions and issues of law in the hearing of its suit against Petroliam Nasional Berhad (Petronas) for alleged breach of contract over its oil royalty.

Among others, the questions involve what rights the state government has over petroleum onshore and offshore, prior to the coming into force of the Petroleum Development Act 1974 on October 1, 1974 and the execution of the Kelantan Agreement and Kelantan Grant on May 9, 1975.

The other issues were, whether by refusing to pay cash payments to Kelantan although converting petroleum obtained offshore without paying for them, Petronas had acted in breach of Article 13 of the Federal Constitution.

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Why we should pay more for energy

April 24, 2015

Dateline 2015-03-11, FMT:

Is it time for Malaysians to pay more for energy, from electricity to petrol to gas? This question was raised at yesterday’s National Energy Forum by several speakers, including Loo Took Gee, the Secretary-General of the Ministry of Environment, Green Technology and Water.

In her speech launching the event, Loo asked whether Malaysians were willing to pay more not so much due to fuel prices but due to an increase in feed-in tariffs (FIT) for the expansion of renewable energy. She wasn’t suggesting that prices be raised right away or that they should really be raised. She was merely suggesting that we should start a conversation on it.

While some groups are worried by the possibility of nuclear energy reaching our shores, which will only be considered for implementation after 2025, the argument for or against it is irrelevant for now.

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Cost rationalisation in O&G needed to improve efficiency

April 23, 2015

Was this after or before the CORAL 2.0 initiative announcement? And what is this 10% reduction capex rubbish? I have been referred to the 30% reduction memo.

Dateline 2015-03-10, The Borneo Post:

Significant cost rationalisation in the Malaysian oil and gas sector is expected by analysts to improve operating efficiency.

According to the research arm of MIDF Amanah Investment Bank Bhd (MIDF Research), most, if not all, global oil and gas producers including Petroliam Nasional Bhd (Petronas) have reiterated that there will be significant cost rationalisation in 2015 and beyond.

“Petronas was quoted in the media indicating that it will be reducing capital expenditures by -10 per cent and operating expenditures by approximately -25 per cent to -30 per cent,” MIDF Research said.

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Marketing Rounds – Captive Durians

April 22, 2015

Man, them durians are tough in Sarolangun.

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IEM Shout Out – Conversion of Organic Wastes and Unused Biomass to Valuable Materials and Energy Using Sub-Critical Water

April 22, 2015

This is a shout out for the IEM. The Chemical Engineering Technical Division (know as CETD to friends) will be having a talk on Wed afternoon, 6th May, 2015, by Dr. Hiroyuki Yoshida .

Dr. Hiroyuki Yoshida obtained B. Eng. Degree in 1969 and Dr. Eng. in 1977 in Chemical Engineering from Osaka Prefecture University, Japan. He worked for this University from 1974 to 2013. He became a professor in 1995. From 2013, he has been working for Department of Chemical and Environmental Engineering, Faculty of Engineering, UPM as a contract professor.

Sub-Critical water is high temperature and high pressure water but lower than those of critical points (647 K, 22.1 MPa). It shows three typical characteristics. Firstly, sub-critical water (sub-CW) has a great hydrolysis power at around 520 K and organic solids quickly decompose into low-molecular-weight valuable materials. Secondly, sub-CW works as a strong solvent and can extract oil almost perfectly at once. Thirdly, when the temperature is higher than about 600 K, hydrolysis power becomes small and pyrolysis power becomes great. The pyrolysis reaction can convert organics to liquid oil (alternative heavy crude oil) and/or solid char.

You can register here, and download the brochure here.

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Malaysia’s PETRONAS unwavering in its LNG ambitions.

April 21, 2015

Dateline 2015-03-06, Interfax:

Petronas’s first quarterly loss and the bearish outlook for the oil and gas market do not appear to have curtailed the Malaysian NOC’s plans to add to its LNG portfolio, following the announcement of new investments and reassurances major projects will not be affected by spending cuts.

Petronas lost MYR 7.3 billion ($2 billion) in Q4 2014 as a result of significant impairments from the fall in crude oil prices and a 6.9% year-on-year decline in revenue.

The loss is expected to herald a lean period, with reduced earnings and spending. Petronas confirmed at a press briefing in Kuala Lumpur last week that it planned to reduce its capital expenditure by 10% in 2015 and 15% in 2016.

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Shout Out – One-Day Seminar On Drilling Engineering

April 21, 2015

This is a shout out for the IEM. My Technical Division will be  hosting a seminar on the 19th May, 2015. It’ll start at 9:00 and is worth 6.5 CPD hours, presented by Ir. Razak Yakob.

Ir. (you gotta stress the Ir.) Hj. (even worse, you gotta spell it out) Razak Yakob has been in the oil and gas industry for 19 years working for companies such as ExxonMobil, Halliburton, Talisman Energy, Petronas Carigali and EnQuest/Uzma Engineering. His core expertise is in Drilling Engineering with the working experience spans from development and exploration, technical support, training, finance and consultancy. As a consultant, he has worked in countries such as China, India, Indonesia, Thailand, Algeria and others. Currently, he is an independent consultant. He was a graduate of Colorado School of Mines in the United States with a degree majoring in Petroleum Engineering and a minor in Mechanical Design.

Drilling discipline in the oil and gas industry tends to be seen as the hard-core engineering and operations in the hostile environment that many potential engineers avoid tapping into. This one-day overview course shall try to answer some of the questions that many people have, such as how is the drilling operations conducted, what is it like to be a drilling engineer and those jargons – what are they talking about? The design process explanation shall take you from the Conceptual Design, Detailed Design and Final Design stages. Some highlights of the course are designing the well trajectory, directional design, casing design, drilling fluids formulation, cementing formulation, perforation, securing and completing the well to ensure that production (oil & gas) reaches the surface safely. This course has been offered by IEM annually since 2008.

Register here or download the form here. A map to Wisma IEM is presented here.

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Saturday Star 2015-04-18– Job Opportunities

April 20, 2015

Happy IChemE Hazards AP Week. Meet me there, and take a selfie. Also, 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.

  • I say that when the design houses execute a mass firing campaign, the trade papers should pick it up. What say you, R?
  • Carigali Hess is looking for a Senior Reservoir Engineer, Senior Petroleum Engineer, Metering Engineer (Hello There), Senior Drilling Engineer, Petroleum Engineer. Send your exaggerations here,  with a detailed resume stating references, expected remuneration, contact telephone and email address, before 30th April, 2015.
  • An associate of mine is looking for a senior level instrument engineer, 10 years in the position (no, not position 23b, second variant). Send your CV to me. As per my Facebook posting, idiotic applications, straight to /dev/null.
  • An associate of mine is looking for a technical safety part-time adviser. 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.
  • Hess is still looking for a measurement and allocation engineer (2 I believe). I saw that the ITB is still floating around. If you want me, you know where to find me. Not Celebrity Fitness, if you need a hint.

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? Go visit the mee bandung / asam pedas stall in front of the Petaling Jaya Police Station (don’t ask).

Seen the Episode VII new trailer? Ff you say “What is episode vii?”, I disown you.

Join the Star Wars Fever:

Star Wars Trilogy Episodes IV-VI (Blu-ray + DVD), Star Wars Trilogy Episodes I-III (Blu-ray + DVD), Heir to the Jedi: Star Wars

2 Comments | engineering, Malaysia, oil and gas | Tagged: , , | Permalink
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Anniversary – Deepwater Horizon

April 20, 2015

Drilling Engineers never forget.

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Petikan dari “Pantang di Cabar” – Munculnya PETRONAS Dagangan

April 19, 2015

Tiada lagi sekatan bagi jualan … Sekiranya mereka heret kolam renang untuk dipenuhkan (dengan disel atau minyak tanah) berikan (Rastam Hadi, 1979)

Visit here and buy books so I have some spending money.

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