October 17, 2014
Dateline 2014-08-06, Reuters:
Swedish oil firm Lundin Petroleum successfully completed appraisal drilling on its Tembakau gas discovery in Malaysia and will now consider development options for the prospects, it said on Wednesday.
“The appraisal drilling results from Tembakau are positive,” Chief Executive Ashley Heppenstall said in a statement. “We will now move forward in reviewing conceptual development options and I am hopeful that this will lead to another commercial development project in Malaysia.”
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Posted by Wata
October 16, 2014
Dateline 2014-08-05, The Sun Daily:
Maybank IB Research has maintained its overweight call on the oil and gas (O&G) services sector following a roadshow in July when it had discussions with fund managers from Malaysia, Singapore and Hong Kong. “We remain overall positive on the O&G services sector. We like KNM for its direct exposure to Refinery And Petrochemical Integrated Development (Rapid). Securing Rapid projects would lift our earnings and target price by up to 50%. Getting the Peterborough waste-to-energy project off the ground in Q4 2014 could drive further interest and re-rate the stock further,” it said in its research note yesterday. For OSV exposure, its top picks are Perdana Petroleum and Ezion, while UMW OG and Yinson are its top picks for jack-up rigs and FPSOs respectively. Nam Cheong and Vard are its preferred stocks in shipbuilding while SILK and Coastal Contracts are interesting from the perspective of value and earnings growth potential. …
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Posted by Wata
October 14, 2014
I pronounce MOGSC as Mog-see. SOGSC, Sog-gy? And how come there is no mention of MOGSC in the article?
Dateline 2014-08-02, Malay Mail:
A newly-formed group is aiming to provide oil-and-gas sector suppliers in Sabah with the needed skills and contacts to tap into the industry that offers tens of billions of ringgit in jobs.
Calling itself the Sabah Oil and Gas Services Council (SOGSC), it says it will aggressively conduct technical programmes in collaboration with key industry players such as Petronas to enable members to gain the expertise to service such companies.
“The potential for Sabah’s oil and gas industry is extremely high, and we need to leverage this to better benefit Sabahan service providers.
“Currently they are not well-equipped with the right skills and knowledge to support the industry and jobs are going out to foreign companies from West Malaysia and elsewhere,” said SOGSC secretary Willie Ng during a press conference here today.
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Leave a Comment » | Malaysian election, oil and gas | Tagged: MOGSC, Sabah, SOGSC | Permalink
Posted by Wata
October 13, 2014
MOGEC will be hosting a 1 day course (our first in my memory) on the 28th October, 2014. It is worth 6.5 CPD points, and held at Saloma Bistro. Since I’m giving it, I expect hoards will have to be turned away at the gates.
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.
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
download the form here.
2 Comments | engineering, Malaysia, oil and gas | Tagged: course, HAZOP, mogec, razmahwata | Permalink
Posted by Wata
October 13, 2014
This is a shout out for the IEM. My technical division will be hosting a trip to Universiti Teknologi PETRONAS, Bandar Seri Iskandar, 31750 Tronoh, Perak Darul Ridzuan on the 23rd October, 2014. You will be anointed with 4 CPD / PDP hours.
BACKGROUND
The depleting natural resources and increasing challenges in exploring new oil field has saw the importance of Enhanced Oil Recovery (EOR) in oil production industry. EOR has been recognized by the Malaysian Government as one of the focus area in Oil & Gas NKEA in year 2011.
The Centre of Research in EOR was established in Universiti Teknologi Petronas (UTP) in year 2006 to promote excellence in EOR research that mostly addresses the needs of industry and to manage laboratory services. Research in the area has continuously expanded at UTP since 2006. Most EOR research projects are conducted by the petroleum engineering staff and the topics are mostly conventional topics such as subsurface fluid flow, rock fluid interactions etc. In addition, there is an increasing interest from non-petroleum engineering researching EOR chemicals, application of waves, advanced materials among others.
..
Tentative schedule:
- 7.00 am Bus departs from IEM, PJ
- 10.45 am Arrival at UTP and welcoming remarks by DVC RI
- 11.00 am Introduction to Enhanced Oil Recovery
- 12.00 pm Introduction to CO2 Management
- 1.00 pm Token of Appreciation and group photo
- 1.15 pm Lunch
- 2.00 pm Technical Visit to EOR Research Centre
- 3.00 pm Technical Visit to CO2 Research Centre
- 4.00 pm Adjourn 0945 Arrival at site
Register here and get the form here.
Leave a Comment » | business opportunity, Malaysia, oil and gas | Tagged: EOR, IEM, Tronoh, UTP | Permalink
Posted by Wata
October 13, 2014
Happy IGL day. 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 need RM360 to get The Star ePaper. Or go to umrah, whichever you prefer.
- I’m lining up jobs for next quarter, for IGL Services. Whisper to (better yet, carpe jugulum) your boss, and send work my way.
- Murphy is looking for a team leader, shelf drilling (no, not for Ikea). Send your CV here.
- Wood Group Mustang is looking for people proficient in engineering in process, technical safety, mechanical, HVAC, structural, electrical, instrument, piping, project management and engineering, QA/QC, project controls, document control , proposals. Send your CV here.
- Kebabangan Petroleum Operating Company (KPOC to friends) has a two-page spread. Anyhow, the posts that they hope to fill are too numerous to name. Apply here, or snail mail to: Kebabangan Petroleum Operating Comp Sdn Bhd, Level 52, Tower 2, PETRONAS Twin Towers, KLCC, 50088 KL, Malaysia.
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? How if you visit Vietnam, how about visiting and updating GoHalalVietnam! for your food needs. For your other needs, talk to your local tour guide/ concierge / man on the street.
How about some references to improve your health?
You Are Your Own Gym: The Bible of Bodyweight Exercises, Body by You: The You Are Your Own Gym Guide to Total Women’s Fitness, 100 No-Equipment Workouts
Leave a Comment » | engineering, Malaysia, oil and gas | Tagged: Bookalicious, IGL, KPOC, Mustang, Wood Group | Permalink
Posted by Wata
October 12, 2014
Hey, Puchong! Hey, George Kent (which always reminds me of a cigarette company, don’t know why)
Dateline 2014-08-01, Malaysia Chronicle:
George Kent (Malaysia) Bhd, which is tendering for RM15 billion worth of jobs including those for the mass rapid transit (MRT) line 2 project, is looking to diversify its presence into the oil and gas sector.
Speaking to reporters after the company’s AGM and EGM here yesterday, its chairman Tan Sri Tan Kay Hock said it is still studying the proposal to tap into the oil and gas industry, but will start with the service engineering segment.
“We want to go into the oil and gas sector, but with the right space and target,” he stressed, declining to elaborate further.
Tan explained however that the oil and gas sector is not a new venture for the group considering that it used to have supply services to petrol pumps around the country.
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Posted by Wata
October 11, 2014
Dateline 2014-07-31, Business Standard:
State-owned Oil & Natural Gas Corp and Oil India Ltd have submitted a joint bid worth about $1.5 billion to buy a stake in Murphy Oil Corp’s Malaysian oil and gas assets, sources directly involved in the process said.
Arkansas-based Murphy, which has interests in oil and gas fields in Malaysia, Vietnam, Indonesia, Brunei and Australia, has invited bids for a 30 percent stake in its Malaysian assets, Reuters previously reported.
If successful, ONGC, India’s largest oil and gas exploration company, will own a 20 percent stake in the assets, while Oil India would own the remaining 10 percent, said three sources involved in the process.
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Leave a Comment » | Malaysia, oil and gas | Tagged: Murphy, Oil India, ONGC | Permalink
Posted by Wata
October 10, 2014
Hah, ke sini larinya pemimpin2 Talisman. Boleh join? And I thought it was ‘Thamrin’.
Dateline 2014-07-31, Bloomberg:
Blackstone Energy Partners, part of the world’s biggest manager of alternatives to stocks and bonds, will invest as much as $800 million in an Asian energy company led by former industry executives.
Tamarind Energy will seek to help partners boost production and yield of oil and gas fields in Malaysia and Indonesia, Angelo Acconcia, a New York-based managing director of Blackstone Energy Partners, said today in an interview. The Kuala Lumpur-based company is led by former executives from Talisman Energy Inc.
“Our focus is on the appraisal development of assets where they have already been discovered, and where we can be a value-added partner to companies that we work with,” Acconcia said.
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Leave a Comment » | Malaysia, oil and gas | Tagged: Blackstone, Talisman, Tamarind | Permalink
Posted by Wata
Wata - Malaysian Oil and Gas Engineer 