UMW Oil & Gas Corp gets Bursa’s nod to list

September 19, 2013

From the Star, dateline 2013-07-30:

UMW Oil & Gas Corporation Bhd has received Bursa Malaysia Securities‘ approval to list on the Main Market.

Its joint-principal advisers Maybank Investment Bank Bhd and CIMB Investment Bank Bhd said in a joint statement on TuesdayBursa Securities had, vide its letter dated July 29, approved the listing.

The listing exercise involved the 2.162 billion shares of UMW-O&G at 50 sen each.

Reports speculated the offer price to RM3 per share, raising up to RM3bil for the conglomerate.

…

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Posted by Wata

What is a busbar?

September 18, 2013

You know, I’m kinda dungu when it comes to electrical systems with a voltage above 12V.

I used to think a busbar was a physical bar, to which you attach connections if you wanted to tap off power from it. Then electrical engineers tell me, nope, that’s not what is meant when the expression is used in one-line diagrams.

Book of Knowledge says I’m right. Anyone care to enlighten me?

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Posted by Wata

IEM Shout Out (OGMTD) – Visit to Valser Oil & Gas Sdn Bhd

September 18, 2013

This is a shout out for the IEM. My Technical Division will hosting a visit to Valser Oil & Gas Sdn Bhd  on the 21st Sept, 2013. You will be awarded with 2 CPD points.

Valser Oil & Gas Sdn Bhd (VOG) was incorporated in 2010. The VOG group aims to become the top Malaysian and Asia Pacific Regional One-Stop-Solution-Centre for the supply and services of valves, actuators and controls for the General, Oil & Gas and Energy Industries. VOG places great emphasis on adding value to the industry by ensuring that their products and services are reliable, safe and of the highest quality.

Valser Valve Automation Centre (VVAC) is located in Nilai, Negeri Sembilan. The facility is their largest at present where all integration and testing of Actuated Valve Systems are conducted. In addition, together with Biffi Italia Srl, the facility also assembles and tests Biffi ALGAS pneumatic actuators.

You can register for the event here, or get the flyer here.

Maybe you can get free samples.

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Posted by Wata

Ranhill Withdraws Plan to List on Bursa Malaysia

September 17, 2013

Ah, Ranhill, what shall we do with thee? Dateline 2013-07-29, Rigzone:

Ranhill Energy and Resources Bhd announced that it has withdrawn an initial public offering (IPO) to raise $236 million (MYR 753 million) on Malaysia’s stock exchange Bursa Malaysia.

This follows the disclosure last week that Malaysia’s national oil and gas firm Petroliam Nasional Bhd (Petronas) has suspended an affiliate’s license following a review of a construction project. The affiliate Perunding Ranhill Worley Sdn Bhd (PRW) cannot bid for any projects from Petronas without the license.

…

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Posted by Wata

Saturday Star 2013-09-14 – Job Opportunities

September 16, 2013

Well wishes on Malaysia 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. Send your cv here. Also looking for process safety persons, metering / measurement engineers and other seniors you think will catch my eye.
  • ExxonMobil is looking for an Electrical SME. Since they accept diploma holders, does this mean that you don’t have to be registered as an engineer in this country? BEM police, please help. Apply here if interested.

Help me (and you) increase my cloud presence. Pleease use some form of cloud storage, so if you lose your laptop with those oh-so-important reports, be assured that (with Internet access) the files are still accessible. Use my referrals for Dropbox, MiMedia,  SpiderOak, MediaFire, Ubuntu One, Sugar Sync.

Break the Low Yat stranglehold! Support Newegg Malaysia, or check Amazon’s International Shipping. Yeah, baby!

I’ve had days of interpreting bad data. Apparently is catching.

  

Bad Science: Quacks, Hacks, and Big Pharma Flacks, Bad Astronomy: Misconceptions and Misuses Revealed, from Astrology to the Moon Landing “Hoax”, Bad Pharma: How Drug Companies Mislead Doctors and Harm Patients

The IEM has a coffee table book out, Engineering Heritage of Malaysia (no, it is not Datuk Seri Samy Vellu’s bio). Visit here for details.

Food? Doctor says I need to lose weight, sugar, cholesterol. Wish me luck.

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Posted by Wata

Ranhill IPO Probed by Regulator as Malaysia Listing Deferred

September 15, 2013

Probe sounds so obscene… Dateline 2013-07-25, The Star.

Malaysia’s Securities Commission is reviewing Ranhill Energy and Resources Bhd.’s 753 million ringgit ($235 million) initial public offering and investors who subscribed may be offered their money back.

The regulator ordered the Kuala Lumpur-based energy and water group and its adviser Maybank Investment Bank Bhd. to postpone the listing slated for next week after an affiliate got a suspension notice from state-owned Petroliam Nasional Bhd. Proceeds from the share sale are being safeguarded by two banks and the Malaysian Issuing House Sdn., Ranhill Energy said in a statement yesterday.

…

 

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Posted by Wata

IEM – Fully Paid Membership Scheme

September 14, 2013

C’mon, join this scheme, and I won’t have to bug you every year. To quote:

IEM is introducing the FULLY-PAID Membership Scheme with effect from 2013. By subscribing to this
scheme, your membership will be:

  • immune to increase in future subscription rates increase
  • immune to inflation
  • immune to increased rates when you upgrade your membership. You will not need to top up the difference when you move to a higher grade.
  • immune to interruption in receiving IEM’s services. The IEM Bylaws state that all privileges due to a member will cease if his subscriptions is not paid by April each year.

For your further information, ROS has approved the new IEM Bylaws where the subscription rates will be
increased by 20% with effect from 1 January 2014.

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Posted by Wata

IEM Shout Out (OGMTD) – Visit to Valser Oil & Gas Sdn Bhd

September 14, 2013

This is a shout out for the IEM. My Technical Division will hosting a visit to Valser Oil & Gas Sdn Bhd  on the 21st Sept, 2013. You will be awarded with 2 CPD points.

Valser Oil & Gas Sdn Bhd (VOG) was incorporated in 2010. The VOG group aims to become the top Malaysian and Asia Pacific Regional One-Stop-Solution-Centre for the supply and services of valves, actuators and controls for the General, Oil & Gas and Energy Industries. VOG places great emphasis on adding value to the industry by ensuring that their products and services are reliable, safe and of the highest quality.

Valser Valve Automation Centre (VVAC) is located in Nilai, Negeri Sembilan. The facility is their largest at present where all integration and testing of Actuated Valve Systems are conducted. In addition, together with Biffi Italia Srl, the facility also assembles and tests Biffi ALGAS pneumatic actuators.

You can register for the event here, or get the flyer here.

Maybe you can get free samples.

Leave a Comment » | engineering, Malaysia | Tagged: , , | Permalink
Posted by Wata

Qatargas sends first LNG to Malaysia

September 13, 2013

Yeah, re-gas. Boo, Malaysia’s gas producers. Dateline 2013-07-26:

Qatargas Operating Company Limited announced has sold Qatar’s first cargo of Liquefied Natural Gas to Malaysia.
The cargo was sold to Petronas LNG Limited of Malaysia and was loaded on the LNG Vessel Seri Begawan at Ras Laffan Port. The cargo will be delivered to Malaysia’s first LNG receiving terminal located in Melaka. The conventional sized cargo contains approximately 3.1 trillion Btu of LNG.
Dr Mohammed bin Saleh Al Sada minister of Energy and Industry and chairman of the Board of Directors of Qatargas welcomed the cargo sale as another milestone in Qatar’s standing as a reliable international energy supplier.

…

 

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Posted by Wata

Mida in talks with foreign investors on O&G, alternative energy

September 12, 2013

Time for an exit strategy. Dateline 2013-07-26, The Star:

Malaysian Investment Development Authority (Mida) is currently in talks with potential investors in alternative energy, oil and gas and advanced electronics.

Chief executive officer Datuk Noharuddin Nordin said some of these foreign companies were also interested in setting up their operational headquarters or regional service centres in Malaysia.

Speaking to Bernama in Bangkok recently, he said the companies were not only looking at Malaysia but were also considering other countries in the region.

“So, we are in the process of convincing them to decide on Malaysia and, hopefully, they can make the decision within this year,” he said.

Noharuddin said there had been an increasing trend whereby investor interests would gradually come from markets that were not traditional to Malaysia; for example, traditionally investments from Europe would come from the UK and Germany.

“Now we are seeing a lot of interests of companies coming from France and Spain. These are not our traditional sources of investments, which are something very encouraging,” he said.

…

 

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Posted by Wata

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