Analysts bullish on oil and gas services provider Uzma

May 10, 2013

Congratulations, Uzma. Payment into the usual Nigerian and Angolan accounts, please.

From the Star, dateline 2013-04-23:

Oil and gas services provider Uzma Bhd‘s share price has been on an uptrend, while the company’s orderbook has been steadily beefed up.

Although not widely covered by analysts, the stock has three “buy” calls and a “hold” call. The stock has risen 42% year-to-date, hitting a 52-week high of RM2.40 last Monday. It closed unchanged at RM2.08.

Last Friday, Uzma announced that it had secured a five-year contract worth RM238mil from ExxonMobil Exploration and Production Malaysia Inc for the provision of oilfield chemicals and associated services.

..

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Reminder – IEM Family Day 2013

May 9, 2013

Yes, a week into the post-election era, the IEM has its Family Day!

The Council Members of The Institution of Engineers, Malaysia cordially invite IEM members and their families to the IEM Family Day.  The success of this function would depend on the response from IEM members.  The function serves to provide opportunities for Council Members to meet IEM members and their families and to foster closer rapport.  IEM members are encouraged to come with their families to this function.

  • 12th MAY 2013 (SUNDAY)
  • 9.00 A.M. – 1.00 P.M.
  • TAYLOR’S UNIVERSITY, LAKESIDE CAMPUS, SUBANG JAYA (See Map attached)

Get more information here. And I will not be a clown

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Fighting Off Trouble at Home, Petronas Tries to Beef Up Oil & Gas Production

May 9, 2013

From Energy Tribune, dateline 2013-04-xx:

Malaysia’s oil and gas major PETRONAS has seen better days. The state-owned company is vested with the entire oil and gas resources in the country as well as its exploration and production (E&P) and is subject only to the prime minister who controls appointments to the company’s board.

Until recently, Fortune listed PETRONAS as one of the largest and most profitable companies in the world and the most profitable in Asia. However the company’s size hasn’t help it ward off recent problems.

Net profit decline

…

 

 

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Posted by Wata

IEM Shout Out – Visit to Top Glove Bhd

May 8, 2013

This is a shout out for the IEM. My Technical Division will hosting a visit to Visit to Top Glove Bhd  on the 22nd May, 2013. You will be awarded with 2 CPD points.

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

Maybe you can get free samples.

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IEM Shout Out – Half-day Course on A bird’s Eye View On Intellectual Property Law-Practical Approach On protection of your IP Rights

May 7, 2013

This is a shout out for IEM. The Chemical Engineering Technical Division will be organizing a Half-Day Course on Half-day Course on A bird’s Eye View On Intellectual Property Law-Practical Approach On protection of your IP Rights on 18th May, 2013 (Thursday & Friday) at Wisma IEM, PJ. The session is scheduled to start at 9 a.m. (registration at 8.30 a.m.) and end around 1 p.m. Participant will be granted 3.5 CPD/ PDP hours at the end of the course.

This half-day course is designed to expose the participants to IP law and/or to create a continuous IP awareness and provide an overview on IP law (selected areas). It provides a springboard to educate participants in way to protect their branding, trade marks, patents, copyright and confidential information. It gives the participants a platform to understand and discuss critical issues (whether their own IP rights or others) faced by them in their day to day dealings.

At the end of the session, the participants should:

Understand the basic concept of trade mark copyright, patents, confidential information;

  • Aware of ways to protect their IP rights (selected IP rights);
  • Be exposed to some tips on how to avoid any infringement or potential infringement of IP rights of others;
  • Understand how to enforce their IP rights when there is infringement

Mr. Bahari heads the Intellectual Property practice group and became a partner of Lee Hishammuddin Allen & Gledhill in January 2009. His background is in corporate and commercial dispute resolution and litigation. He has extensive experience in disputes resolution in respect of land law, companies insolvency and banking litigation.

Ms. Eunice Chan Wei Lynn is a Senior Associate at Lee Hishammuddin Allen & Gledhill. She graduated from Cardiff University, Wales, United Kingdom and was called to the English Bar and Malaysian Bar. Her main area of practice is in intellectual property law and advise and assist clients on all aspects of IP protection and ownership including portfolio management and IP related agreements and transactions. She is also involved in transactional and advisory work in the areas of biotechnology, information technology and franchising

Register here or download the form here. A map to Wisma IEM is presented here.

1 Comment | engineering | Tagged: , | Permalink
Posted by Wata

Saturday Star 2013-05-04 – Job Opportunities

May 6, 2013

Buy my recommendations, or through my Amazon store. Where are those corporate sponsors? Or throw donations at me. I need money to purchase a dive light.

Who did you vote for?

If you need my help to submit your CVs, donate to the blog, and I’ll review your CV to see if it is worthy of my (and my associates’) expectations. If you can’t figure out how to donate, no need to ask.

  • I’m looking for a senior process engineer, 7+ years experience. Send your cv here. Also looking for process safety persons, lead piping designer, lead instrument engineer, and other seniors you think will catch my eye.
  • Kebabangan Petroleum Operating Company (KPOC to friends) has a three-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. Is the sudden surge of posts due to KPOC moving their next phase of the project to Johor, and rats that don’t want to leave KL are abandoning the sinking ship?
  • Side note: My mechanic complains that there are not enough trained mechanics are being extruded from our schools. If you know of any idle ones, he’s looking for some. Ask them to contact Kong Ming Chai at +60122951023. On another note, has this shortfall hit the news? Can I get the contract for 1Repair?

How about some local food? Alisara at Puchong Indah. Specialises in Thai food, and has mango with stick rice.

Break the Low Yat stranglehold! Support Newegg Malaysia.

Continue your technical safety education

  

Process Safety Analysis: An Introduction, Hazard Identification and Risk Assessment – IChemE, LNG Risk Based Safety: Modeling and Consequence Analysis, Process Safety Analysis: An Introduction.

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Gas M’sia clients agree to new terms

May 4, 2013

Dateline 2013-04-19 from The Star:

 Gas Malaysia Bhd customers have agreed to the new gas sales agreement (GSA) terms, reflecting a win-win situation for both parties, according toMaybank IB Research.

“Both have (in principle) agreed to give and take on several pertinent clauses.

“Among others, the new GSA (which advocates discipline in capacity booking, usage and efficiency) would still have a take-or-pay (TOP) mechanism, but with flexibility in place.

…

 

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Malaysia’s oil royalty rumble

May 3, 2013

Dateline 2013-04-09:

One of the issues that is bound to crop up in the 13th general election campaign is oil royalty. In the past, many reasons have been presented by political parties from both sides of the divide on who is entitled to what. Perhaps this article will help shed some light on the issue.

When the Rulers and representatives of the Straits Settlements, the Federated Malay States and the Non-Federated Malay States signed the Federation of Malaya on January 31, 1948, nobody imagined the significant petroleum money conflicts that would ensue for the years to come.

…

 

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Malaysia MISC says PETRONAS $3 billion revised buyout offer not fair

May 2, 2013

Dateline 2013-04-08:

Malaysian shipping group MISC Bhd (MISC.KL) said a revised $3 billion offer from shareholder Petronas to buy out all remaining stock was not fair, because it was lower than the combined valuation of its different divisions.

State oil company Petroliam Nasional Bhd, which already owns nearly 63 percent of MISC, on Friday raised its offer to 5.50 ringgit per share from 5.20 ringgit after the Employees Provident Fund, MISC’s other major shareholder with nearly 10 percent, said the original bid was unattractive.

…

 

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Posted by Wata

Tales from the Engineering Floor – Stress Relief

May 1, 2013

After 2 interview sessions trying to hire our best and brightest as new meat for the oil & gas consulting industry, I feel that the following stress relief equipment is needed just to maintain my sanity.

1-2013-02-28 22.47.20

BTW, the above is courtesy of Marriot Resort and Spa, Miri.

 

2 Comments | engineering, Malaysia, oil and gas | Tagged: , | Permalink
Posted by Wata

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