Former MAS chairman Tajudin Ramli making comeback via CN Asia?

October 9, 2014

Dateline 2014-07-24, Malaysia Chronicle:

Tan Sri Tajudin Ramli, the former boss of Technology Resources Industries Bhd, is believed to be making a corporate comeback possibly via a takeover of loss-making CN Asia Bhd.

It is learnt that the possible deal will see oil and gas-based CN Asia’s managing director Ho Cheng San disposing of his entire 40 per cent stake to Tajudin.

K&N Kenanga is said to be one of the advisers for the deal.

CN Asia’s second largest stakeholder is Charles Ross McKinnon, a former special economic adviser to Kumpulan Darul Ehsan president, the investment arm of the Selangor government.


IEM Shout Out – Talk on Design of PETRONAS Station

October 8, 2014

This is a shout out for the IEM. My Technical Division will hosting the talk by Ir. Azmi Abd Ghani on the 11th  October, 2014 at 9.00am

PETRONAS station today is more than a place for refueling. It is more of a destination for customers’ convenience, with the facilities that range from a convenience store, quick serve restaurant (QSR) drive thru, carwash, car service centre, ATM and postal courier centre. PETRONAS Dagangan Berhad (PDB) had been in retail business since 1974, and with over 1000 stations nationwide.
The talk will provide an overview of PETRONAS Station in terms of design and construction, which will provide an insight of the architectural and engineering works involved in building a station from inception to completion.

Ir. Azmi Abd Ghani, a certified professional engineer, is currently a Senior Manager for the Engineering Department, Retail Business Division, PETRONAS Dagangan Berhad (PDB).  Prior to joining PDB, he held various management positions at PETRONAS Penapisan (Terengganu) Sdn Bhd and OGP Technical Services Sdn Bhd.

You may register for the event here, and download the flyer here.


HIPPS – Black Magic or Science?

October 8, 2014

This has got to be one of the best titles from Linkedin’s HAZOP group. Blatant advertising, or stimulating discussion, join and participate in the other topics that zip through this learning channel.


Diving Photos Miri – 3oo3

October 8, 2014

Did I mention I dived near Tukau complex? With co.co.dive.


IEM Shout Out – Pressure Vessel Inspection: API 510 and FMA 1967 Requirements

October 7, 2014

This is a shout out for the IEM. My Technical Division will hosting the talk by Ir. Mursyidi Mohammad on the 14th  October, 2014 at 5.30pm.

The talk will provide an overview of a Pressure Vessel in terms of its design, operation, maintenance and inspection. The major emphasis of the talk will be on the main components of “API 510 Pressure Vessel Inspection Code: In-Service Inspection, Rating, Repair and Alteration”. The speaker will also share his personal experience on pressure vessel inspection in ensuring the integrity and reliability of the equipment or a Plant to meet the Statutory requirement according to the Factory and Machinery Act 1967.

Ir. Mursyidi Mohammad, a certified API 510 Pressure Vessel Inspector, is currently a Principal Consultant and Trainer at Ipetro Services Sdn Bhd. Prior to his current role, he was a Senior Engineer at PETRONAS Penapisan (Melaka) Sdn Bhd.

You may register for the event here, and download the flyer here.


OPSB Secures Financing to Develop the Ophir Oil Project Offshore Terengganu

October 7, 2014

Dateline 2014-07-27, Rigzone:

Octanex N.L. announced Thursday that limited recourse project finance has been secured for the development of the Ophir field, offshore Terengganu, Malaysia.

Octanex is a 50 percent shareholder in Ophir Production Sdn Bhd (OPSB) which was awarded the Ophir Risk Service Contract in June. Octanex’s joint venturers in OPSB are Scomi Energy Services Bhd, a Malaysian downstream oil and gas services company listed on the Main Board of Bursa Malaysia with a 30 percent interest, and Vestigo Petroleum Sdn Bhd, a wholly owned subsidiary of Petronas, incorporated in 2013 with a focus on the development of small, marginal and mature fields, holding a 20 percent interest.


BEM – Roadshow 2014 2015

October 7, 2014

Roll up, roll up! The BEM has a new roadshow. Cotton candy and scary clowns not supplied.

The Board of Engineers Malaysia will be organising a 2014-2015 Roadshow commencing September 2014 at the following locations:

DATE LOCATION
29 SEPTEMBER 2014 KUALA LUMPUR
20 OCTOBER 2014 PULAU PINANG
24 NOVEMBER 2014 JOHOR BAHRU
2015 KOTA BHARU
2015 KOTA KINABALU
2015 MELAKA
2015 KUCHING
2015 MIRI
2015 KUANTAN
2015 IPOH
2015 PETALING JAYA

The objective of the Roadshow is to highlight the amendments to the Registration of Engineers Act, educate and update engineers on the role, responsibilities and accountabilities of Professional Engineers in the Construction Industry and to comply strictly with acts, regulations, policies, circulars, codes and specifications governing the profession.Click HERE for further details.


Saturday Star 2014-10-04 – Job Opportunities

October 6, 2014

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 Hajj, 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.
  • Vestigo is here, Vestigo is here. Are they so ashamed that they are a PETRONAS linked company that they didn’t use .com.my for their web presence? If you think you are a hotshot Senior Reservoir Engineer apply here. But I can’t get a ping at their web address, so snail mail to The Human Resources Department, Vestigo Petroleum Sdn Bhd, Level 3, Bangunan Getah Asli, 148 Jalan Amplang, 50450 Kuala Lumpur.
  • I notice that there’s and advert for Hevilift. Are they looking to partake in the offshore aviation transportation pie?

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.

Need some new management techniques. How about these books?

The Dilbert Principle: A Cubicle’s-Eye View of Bosses, Meetings, Management Fads & Other Workplace Afflictions, Dogbert’s Top Secret Management Handbook, Dilbert and the Way of the Weasel


World’s Biggest Wealth Fund Among Reach Energy Investors

October 5, 2014

Can all the SPACs give me a direct line into insider trading opportunities?

Dateline 2014-07-24, Bloomberg Businessweek:

Malaysia’s Reach Energy Bhd. has attracted investors including Norway’s $890 billion sovereign wealth fund in an initial public offering to fund its acquisitions of oil and gas fields.

Norges Bank Investment Management, the world’s largest sovereign wealth fund, and Malaysia’s pilgrim fund will invest in the 750 million-ringgit ($237 million) IPO, Managing Director Shahul Hamid Mohd Ismail said in a July 21 interview. Norway’s wealth fund will own a substantial stake in the special-purpose acquisition company, he told reporters today.

Rising energy demand is spurring companies such as Reach Energy to buy and develop smaller oil and gas fields ignored by their larger international counterparts. Malaysia’s Sona Petroleum Bhd. (SONA), also a special-purpose acquisition company, finalized an agreement this week to buy a stake in two Thai oil and gas blocks of U.K.-based Salamander Energy Ltd. (SMDR)

 


First Oil Commences at Bentara Field Offshore Sarawak

October 4, 2014

Dateline 2014-07-23, Rigzone:

Malaysia’s national oil and gas company Petroliam Nasional Berhd (Petronas) announced Wednesday that Bentara field in the Balai Cluster Risk Service Contract (RSC) area located offshore Sarawak, Malaysia has achieved its first oil production May 25.

The field which is expected to produce more than 1,000 barrels of oil per day is being developed and operated by BC Petroleum Sdn Bhd.

The Bentara field is the second field in the Balai Cluster, which successfully achieved oil production after Balai field on Nov. 6, 2013