Yup, I ended up here sometime this year.
M’sia O&G sector poised for massive growth
April 15, 2014Dateline 2014-03-12, The Star:
Deloitte’s O&G (oil and gas) experts say Malaysia’s O&G sector will see between RM26bil and RM30bil in mergers and acquisitions, as well as RM22bil in capital spending on projects, this year.
Deloitte Malaysia corporate finance executive director, Nizar Najib, pointed out that Petronas’s planned capital expenditure of RM300bil between 2011 and 2016, as well as investments in Enhanced Oil Recovery (EOR), marginal fields and deepwater exploration, would likely give a massive boost to the O&G sector in the next few years.
“In the near-term, we expect to see an increase in oil production. Meanwhile, long-term upsides can be expected from gas, and therefore Malaysia is positioning itself to be a regional hub for LNG and petrochemicals through projects such as RAPID, FLNG (floating liquefied natural gas) and overseas acquisition in Canada.”
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Saturday Star 2014-04-12 – Job Opportunities
April 14, 2014Happy Chem E Car day.
Buy my recommendations, or through my Amazon store. Where are those corporate sponsors? Or throw donations at me. I need RM360 to get The Star ePaper
- I’m looking for a senior process engineer, 7+ years experience. Also looking for technical safety persons, metering / measurement engineers and other seniors you think will catch my eye.
- Conocophilips is looking for a reservoir engineer. Send your cv here.
Here’s a quick list of tech podcasts I follow:
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!
Let’s talk about maths:
Visions of Infinity: The Great Mathematical Problems, In Pursuit of the Unknown: 17 Equations That Changed the World, An Imaginary Tale: The Story of [the Square Root of Minus One] (Princeton Science Library)
Extract from “The Young Turks of PETRONAS”
April 13, 2014Anticipating MNC reactions to the PSC:
“The Task Force concluded that SSB, as a producing entity from offshore Sarawak, would want to stay at all costs in order to extract as much as they could under the new scheme of things and that SSPC would tag along and develop their meagre finds riding on SSB’s management and associated common infrastructure.”
Visit here and buy books so I have some spending money.
Talisman Provides RM2.3 Million Scholarship For Oil And Gas Engineering Students
April 13, 2014Kudos, Talisman.
Dateline 2014-03-12, Bernama:
Talisman Malaysia Ltd has given its commitment to provide about RM2.3 million of scholarship for students taking oil and gas related engineering programmes or courses in the local institutes of higher learnings.
Talisman Ltd Senior Vice-President and Country Manager, Ron Aston said UMS had become the fourth prestigious local university to enter a partnership programme with Talisman in addition to University Teknologi Malaysia, University of Malaya and Universiti Sains Malaysia.
“Through this programme partnership, 30 undergraduates and post-graduates from engineering disciplines will get the benefit within a five-year period commencing from the 2014 academic year,” he said at a press conference after signing a Memorandum of Understanding (MoU) with Universiti Malaysia Sabah on the partnership, here today.
At the signing ceremony, UMS was represented Deputy Vice-Chancellor (Research of Innovation) Prof Dr Shahrul Yusuf.
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Oil and gas sector to emerge as ‘rising star’ to drive Malaysia’s economy forward Read more: Oil and gas sector to emerge as ‘rising star’ to drive Malaysia’s economy forward
April 12, 2014Dateline 2014-03-07, NST:
The oil and gas sector is to emerge as the “rising star” and significantly drive the Malaysian economy forward this year, Prime Minister Datuk Seri Najib Razak said today.
He said the expectation was based on the number of oil and gas projects that would be awarded when the massive RM61 billion Refinery and Petrochemicals Integrated Development (RAPID) project in Pengerang, Johor, gets off the ground by year-end.
“This will have a major impact on the economy. I’m also hoping for some recovery in other commodity prices as well this year.
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Malaysia’s Petronas Q4 profit surges 45 percent
April 11, 2014I see 12-month bonuses coming up… and a further effort to squeeze small business like moi.
Dateline 2014-03-04, GlobalPost:
Malaysian oil giant Petronas said Tuesday its fourth quarter net profit jumped 45 percent on strong production, making 2013 “one of the best years ever” for the state energy firm.
Net profit for the three months ending December 31 stood at 12.76 billion ringgit ($3.89 billion), up 45 percent from the same period in 2012, while revenue rose 10 percent to 84.8 billion ringgit.
Overall the company’s profit increased 10 percent to 65.59 billion ringgit for the last financial year compared to 2012. Revenue added 9 percent to 317.3 billion ringgit.
MURPHY OIL CORPORATION ANNOUNCES FIRST OIL AT SIAKAP NORTH-PETAI AND UPDATES PROGRESS AT DALMATIAN
April 10, 2014Dateline 2014-0303, TWSJ:
Murphy Oil Corporation MUR -0.03% announced today that first oil production from the Siakap North-Petai (SNP) development offshore Malaysia commenced on February 27, 2014.
The SNP field, operated by Murphy with a 32 percent working interest, is located offshore Malaysia in a water depth of approximately 4,400 feet. The overall field development plan consists of eight producing wells and five water injection wells developed as a subsea tie-back to the Kikeh Floating Production Storage and Offloading (FPSO) vessel. Initial operations commenced with production from four oil wells. Peak gross production from the field is expected to reach 35,000 barrels of oil per day in mid-2014. The unitized field combines the discoveries at Siakap North in Block K with Petai in the adjacent Block G. Murphy’s partners in the development are PETRONAS Carigali, Shell, and ConocoPhillips COP +0.18% with the latter two partners each holding a 21 percent working interest.
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Marketing Rounds – PETRONAS Gas
April 9, 2014I took a trip to Segamat lately. Anyone know of POIs around there?
Petronas pipeline has destroyed rainforest, says Swiss-based advocacy group
April 8, 2014Of course construction destroyed rainforest. But have you seen the risk assessment? I haven’t, those in the know, send me a copy please?
Dateline 2014-03-03, Malaysian Insider:
The Swiss-based rainforest advocacy group Bruno Manser Fund (BMF), in a new attack on Sarawak, claimed the 500km Petronas gas pipeline (SSGP) has left a “trail of destruction” in the rainforest between the Sabah oil and gas terminal (SOGT) in Kimanis to the liquefied natural gas (LNG) plant in Bintulu, Sarawak.
BMF, on its new Sarawak geoportal, said that by shrouding the project in secrecy and for its failure to disclose the exact line of the SSGP, it has given rise for concern.
It claimed the less than transparent project had forced local communities to erect several blockades out of concern for damage to their environment and illegal extraction of timber for the construction of the pipeline within native customary rights (NCR) lands through which the line passes.
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