Malaysia to stop building coal plants from 2040

October 26, 2022

I guess my scale of bribery fees for this venture will be obsolete.

Dateline 2022-08-05, Vietnamplus:

The Malaysian government will stop building coal power plants starting in 2040, and shift its focus toward clean and renewable energy, according to Minister in the Prime Minister’s department in charge of economy Mustapa Mohamed.

Speaking at a question and answer session of the Malaysian Parliament’s second meeting, Mustapa said the ongoing global energy crisis will accelerate the transition to cleaner energy, adding that Malaysia will improve its renewable energy capacity to fulfill the set targets.

A number of renewable energy sources identified for development include hydroelectricity, solar energy, biogas and biomass, he said, noting that battery energy storage technology will also be introduced to ensure quality and guaranteed power supply.

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Targeted fuel subsidy pilot test – B40/M40 to receive e-wallet credit, but everyone to pay higher fuel prices?

October 24, 2022

Dateline 2022-07-29, Paultan.org:

Yet more on the targeted approach to fuel subsidy being planned by the government. Earlier this week, finance minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said that a mechanism for targeted subsidy is being tested, and that the system would be trialled for between three to six months before it is implemented.

Now, a potential method that might be employed for the format has been indicated, and it comes in the form of e-wallets. This was revealed by Datuk Johan Mahmood Merican, deputy secretary-general for policy of the treasury at the ministry of finance.

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Sabah wants more young people in oil and gas industry, says CM

October 20, 2022

Dateline 2022-07-23, The Edge:

The Sabah government wants more young people in the oil and gas industry in line with efforts to develop the industry in the state, said Chief Minister Datuk Seri Hajiji Noor.

He said Sabah had recorded a historic achievement through the establishment of SMJ Sdn Bhd, which is a fully state-owned oil and gas company, following the signing of the commercial cooperation agreement (CCA) with Petronas last year.

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Sustainability among key themes at largest regional O&G conference as industry prepares for energy transition

October 19, 2022

Dateline 2022-07-21, The Edge:

Sustainability, growth and future aspirations of the oil and gas (O&G) industry are expected to be the dominant themes this year when energy professionals from across the globe gather here for Southeast Asia’s largest merged O&G conference — the Oil & Gas Asia (OGA) X Malaysia Oil & Gas Services Exhibition and Conference (MOGSEC) 2022 — and the inaugural Petrochemicals Sustainability Conference (PSC) 2022, which will be held together from Sept 13-15 this year.

Announced on Thursday, the OGA X MOGSEC, together with the PSC 2022, is an all-inclusive event championed by three parties — The Malaysian Oil, Gas & Energy Services Council (MOGSC) , the Malaysian Petrochemicals Association (MPA) and Informa Markets Malaysia — to further reinforce Malaysia as the region’s O&G, energy and petrochemicals hub.

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Masidi: State oil and gas industry to prioritise Sabahans

October 18, 2022

Dateline 2022-07-19, NST:

The oil and gas industry in Sabah will prioritise the people from the state in terms of employment, said state Finance Minister II Datuk Seri Masidi Manjun.

“As long as Sabah has skilled workers, they will be given priority. Since early last year, all non-Sabahan workers must apply for work permits.

“If there are skilled people in Sabah, we will recruit them,” he said in a question-and-answer session at the state assembly here.

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Diver dies offshore Malaysia at Petronas FPSO

October 17, 2022

Why not a DOSH report? Something to hide? “Unnamed FPSO”, really?

Dateline 2022-07-12, Energy Voice:

A commercial diver has died while performing an adapter mating test on the hull of a floating production storage and offloading (FPSO) vessel offshore Malaysia, according to a HSE report from national oil company Petronas.

Petronas said the accident was part of the underwater hull repair project for an unnamed FPSO. The work was being carried out in water depths of five to six metres. The accident, which involved a second diver, happened on 5 July 2022.

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Samsung wins $680m engineering deal for Shell gas plant in Malaysia

October 14, 2022

Dateline 2022-07-14, Energy Voice:

South Korea’s Samsung Engineering has won a $680 million engineering, procurement, construction and project management contract to build an onshore gas plant for Shell’s Rosmari Marjoram development in Sarawak, Malaysia.

Samsung said yesterday that the project will be executed in two phases; a limited scope prior to Shell obtaining a final investment decision (FID) for the Rosmari Marjoram project; with all of the remaining scope to be executed after Shell approves FID.

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ConocoPhillips pushing ahead with Sarawak oil project

October 13, 2022

Dateline 2022-07-12, FMT:

US oil and gas producer ConocoPhillips is augmenting its operations in Malaysia with a new oil development off the coast of Sarawak.

A report on industry news portal upstreamonline.com, quoting sources, said ConocoPhillips is already preparing to meet providers of leased floating production, storage and off-loading (FPSO) vessels at its Salam-Patawali oil discoveries.

The market sources, based in Kuala Lumpur, said the US operator will be seeking an Aframax-size floater.

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Bright outlook for Malaysian RE players

October 12, 2022

Dateline 2022-07-12, NST:

The prospects for renewable energy (RE) engineering, procurement, construction and commissioning (EPCC) contractors are good as the government strives to achieve the target of RE generation capacity to comprise 31 per cent of total electricity generation capacity by 2025.

Affin Hwang Capital analyst Loong Chee Wei noted that the government planned to roll out large scale solar phase 5 (LSS5) and was studying the possibility of allowing virtual power purchase agreements (PPAs).

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Malaysia’s Petronas, Japan’s Mitsui partner on CCS

October 3, 2022

So, Malaysia made the news for the dumping of plastics in our beautiful country. Now the world wants to dump their CO2 in Malaysia?

Dateline 2022-06-30, Argus:

Malaysian state-owned refiner Petronas and Japan’s Mitsui have signed an initial agreement to carry out conceptual and feasibility studies on a carbon capture and storage (CCS) value chain, including the evaluation of CO2 storage sites in Malaysia.

The firms will evaluate potential CO2 storage sites offshore peninsular Malaysia under this agreement, which was signed earlier this month. But no further details or timelines were provided. The companies also aim to leverage their collective expertise to evaluate the development of a CCS value chain, which includes capturing CO2 from various sectors, CO2 transportation, and technological developments in direct air capture.

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