Malaysia Targets 40 Percent Renewable Energy By 2035

May 7, 2022

Dateline 2022-04-01, Lowyat.net:

Renewable energy is all the rage these days, and for good reason. The good news is, it looks like Malaysia is taking steps to rely more on them. The government is looking to increase green energy generation to 40% of the country’s energy supply by 2035.

Energy and Natural Resources minister Takiyuddin Hassan said that the ministry has set targets for renewable energy contribution for the country in its energy transition plan. The first is the aforementioned 40% green energy supply by 2035. He says that the “installed capacity for renewable energy in Malaysia so far is 8700MW, while y 2035 the capacity is projected to double to 18000MW”.

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Malaysia not exporting renewable energy, says Takiyuddin

May 6, 2022

Why is this a thing?

Dateline 2022-03-31, The Edge:

The government does not export the renewable energy it produces, but instead uses it to attract more investors to the country, said Energy and Natural Resources Minister Datuk Seri Takiyuddin Hassan.

He said renewable energy was a top choice of a majority of foreign investors, especially those who chose to apply green technology in their industrial operations or investments.

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Enhancing the Engineering Profession

May 5, 2022

First off, I am all for continuous education. However, if you are taking a Masters to enhance your first degree so as to be able to register with the Board of Engineers, Malaysia, please ask them first. And understand, if your first degree is NOT engineering, then this won’t help you towards your BEM registration.

And this is moot in the near future, as their will be no top-up allowance for unrecognized first degree.. unless you register as a engineering technologist, and then top up? Loophole galore.

Dateline 2022-03-XX, The Star:

THE engineering field is not just a competitive profession but it is also constantly evolving. Therefore it is important to keep updated with the latest headways in the industry.

One effective way of doing so is pursuing a higher degree to enhance career opportunities within the field.

Monash University Malaysia’s Master of Applied Engineering (MAppE) at the School of Engineering is designed for fresh graduates and working adults with science and engineering academic backgrounds.

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Petronas is NOT acquiring cash-strapped Sapura Energy

May 4, 2022

Let’s see if this pans out for the historic record.

Dateline 2022-03-29, Upstream Online:

Malaysia’s national oil company Petronas is not going to be acquiring cash-strapped compatriot contractor Sapura Energy, which would have brought it under the same group as rival contractor Malaysia Marine & Heavy Engineering (MMHE) and shipping giant MISC.

Referencing news reports, comments in the media and recent speculation on its purported “talks with the government on a proposal to take a significant stake” in Sapura Energy, Petronas told Upstream that it “wishes to categorically deny these reports and speculation”.

“We have always been and will continue to be strictly guided by an established framework for any investment or divestment consideration,” said Petronas.

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Renewable energy contributes to a competent, credible local energy industry — Takiyuddin

May 3, 2022

Dateline 2022-03-26, The Edge:

The role of sustainable energy development, especially Renewable Energy (RE) in the energy transition agenda, contributes to a competent and credible local energy industry, said Energy and Natural Resources Minister Datuk Seri Takiyuddin Hassan.

He said the contribution of RE in supporting the country’s climate change aspirations was also evident when the rate of electricity generation capacity from RE sources increased from 5% in 2001 to 24% in 2021.

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Exploration in Malaysia to be expanded

May 2, 2022

Dateline 2022-03-24, Bangkok Post:

PTT Exploration and Production Plc (PTTEP) is preparing to explore a new offshore oil block in Malaysia under its “Coming Home Strategy” to focus more on new investments in Southeast Asia.

Malaysian national oil and gas conglomerate Petronas awarded the exploration rights at Block SB412, located off the northwestern coast of Sabah, to PTTEP through its subsidiary PTTEP HKO and its partner SapuraOMV.

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PTTEOP subsidiary wins bid to explore for oil in new block in Malaysian sea

May 1, 2022

Dateline ???, The Star:

A subsidiary of the PTT Exploration and Production has won a bid to survey for oil and gas in a new block in Malaysia’s sea, PTTEP said on Wednesday (March 23).

PTTEP’s chief executive officer, Montri Rawanchaikul, said the company’s subsidiary, PTTEP HK Offshore Ltd, and its Malaysian partner, SapuraOMV Upstream, have signed a production-sharing contract with Petronas. The joint venture was awarded the right to survey in Block SB412, northwest of Sabah state.

Montri said the joint venture won the Malaysia Bid Round 2021 to win the right to carry out the survey and now PTTEP has had 12 survey contracts in Malaysia.

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Indonesia, Malaysia commit to biodiesel mandates despite higher prices

April 30, 2022

Dateline 2022-03-24, Reuters:

Top palm oil producers Indonesia and Malaysia remain committed to their mandatory biodiesel programmes despite higher prices of the feedstock to reach green energy goals, senior officials said on Thursday.

Indonesia and Malaysia use palm oil as blending for biodiesel, with Indonesia since early 2020 using a mandatory B30 – a biodiesel containing 30% of palm-based fuel – the highest mandatory mix in the world, to slash imports of diesel fuel.

Indonesia’s palm-based fuel programme “will not stop at B30”, Coordinating Minister for Economic Affair Airlangga Hartarto, told a virtual industry conference.

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PETRONAS SIGNS PSCS FOR FIVE OFFSHORE BLOCKS

April 29, 2022

Dateline 2022-03-24, Natural Gas World:

Petronas has signed production sharing contracts (PSCs) for five offshore exploration blocks, namely SB412, 2W and X located off the coast of Sabah, and SK439/SK440 located off the coast of Sarawak, the company said on March 23. The contracts were awarded in the Malaysia Bid Round (MBR) 2021.

Block SB412 in Sabah was signed between Petronas, PTTEP HK Offshore and SapuraOMV Upstream, while the PSCs for ultra-deepwater Blocks 2W and X were signed between Petronas, Sabah Shell Petroleum Company, Shell Sabah Selatan and Petronas Carigali.

The PSC for Sarawak’s Block SK439/SK440 was signed between Petronas, Sarawak Shell and Petroleum Sarawak Exploration & Production.

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Better to spend billions on rakyat than bail out Sapura, says Rafizi

April 28, 2022

And here’s what’s going to distract the masses for the next GE. And Sapura is a GLC? CLC, maybe.

Dateline 2022-03-22, FMT:

PKR vice-president Rafizi Ramli says that money used to bail out ailing oil and gas company Sapura Energy Bhd could be put to better use to serve the rakyat.

Rafizi was responding to a call by former prime minister Najib Razak to save Sapura from going bankrupt.

The government-linked company (GLC) announced a loss of RM8.9 billion last year, which Najib said was the largest for any Malaysian GLC in history.

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