Ahh, I’m out of date. You can ask Google to get you the latest news.
Gas Malaysia IPO
July 14, 2012
Leave a Comment » | 
Malaysia, Malaysian election, oil and gas | Tagged: Gas Malaysia, Google | 
Permalink
Posted by Wata
IEM Bulletin – Wata’s June 2012 Editorial
July 13, 2012I wrote the editorial for this edition of the Bulletin. However, as I prone as I am to writing meandering, long-winded prose while injecting my version of British dry humour, the text got cut (or shall I say, shot) down.
Here’s the original meandering article, in all it’s glory. Read, then vote on which version is better.
Leave a Comment » | engineering, Malaysia, oil and gas | Tagged: Bulletin, IEM, Jurutera | Permalink
Posted by Wata
Tales from the Engineering Floor – Durian Paaarrrrttty!
July 12, 2012The lengths they go to hide this from the public…
1 Comment | engineering | Permalink
Posted by Wata
Dayang considers going into development of marginal oilfields
July 11, 2012Dateline 2012-06-09:
Dayang Enterprise Holdings Bhd, a service provider to the oil and gas industry, may venture into marginal oilfield development if the prospects are good.
Managing director Tengku Datuk Yusof Tengku Ahmad Shahruddin said the company would carry out thorough evaluations and seek guidance before deciding whether to participate in risk service contracts (RSC) for the development of marginal oilfields.
“We are currently not embarking on any study yet for marginal oilfields,” he told StarBizWeek.
…
Leave a Comment » | Malaysia, oil and gas | Tagged: Dayang | Permalink
Posted by Wata
Petronas Appoints Mohd Anuar Taib As VP And CEO Of Development & Production Division
July 10, 2012Congratulations, Datuk! Will we be seeing less of you on fb? On another note, did they split up the CEO’s office into sub categories?
Dateline 2012-06-08:
Petronas has appointed Datuk Mohd Anuar Taib as Vice President & Chief Executive Officer of Petronas Development & Production, effective July 1 this year.
The national oil company, in a statement here Friday, said he would head the upstream development and production division of Petronas in Malaysia as well as in 23 countries worldwide.
Mohd Anuar, who is currently the Vice President Malaysia, Upstream International and Chairman of Shell Malaysia, joined Shell in 1990 and will continue to serve Shell until the end of this month. A well engineer by discipline, Mohd Anuar was involved in various technical and business development positions throughout Asia and the United States.
…
Leave a Comment » | business opportunity, Malaysia, oil and gas | Tagged: Anuar Taib, Petronas, Shell | Permalink
Posted by Wata
BEM: Seminar Proposed Amendments To The Registration Of Engineers Act 1967
July 9, 2012Be interested in the changes. Register here, and download the form here. Don’t forget to send me a finder’s fee.
Leave a Comment » | engineering, Malaysia | Tagged: BEM, Registration of Engineers, seminar | Permalink
Posted by Wata
Margin pressure crimps Gas Malaysia Q1 net profit
July 8, 2012Dateline 2012-06-08:
Main Market-bound Gas Malaysia Bhd’s saw a 53.5% drop in its net profit for the first quarter ended March 31 to RM34.54mil from RM74.41mil a year earlier as a margin compression crimped earnings.
Its revenue increased 9.2% to RM506.58mil from RM464.06mil, said the company, which is scheduled for a listing on Monday.
In a statement to Bursa Malaysia, it said the rise in revenue in its natural gas and liquefied petroleum gas (LPG) segment RM506.6mil from RM464mil last year mainly due to the higher volume of gas sold and an upward revision in tariff effective June 1, 2011.
…
Leave a Comment » | Malaysia, Malaysian election, oil and gas | Tagged: Gas Malaysia | Permalink
Posted by Wata
Petronas Expects Oil Prices To Decline
July 7, 2012Dateline 2012-06-08:
Petroliam Nasional Bhd (Petronas) expects the oil prices to decline on the back of economic uncertainty, said its chief operating officer and executive vice president (downstream business), Datuk Wan Zulkiflee Wan Ariffin.
“We’re not bullish in the coming quarters due to economic uncertainty and China as well as India are also starting to show weak growth,” he told reporters at the launch of its new oil and gas technology solutions here today.
The event was held on the last day of the 25th World Gas Conference.
…
Leave a Comment » | Malaysia, Malaysian election, oil and gas | Tagged: Petronas | Permalink
Posted by Wata
Anniversary – Piper Alpha Disaster
July 6, 2012Oil & Gas Engineers never forget.
Leave a Comment » | engineering, oil and gas | Tagged: Piper Alpha | Permalink
Posted by Wata
Petronas CEO calls for end to gas subsidies
July 5, 2012Woo hoo!
Dateline 2012-06-04:
Petronas is urging Putrajaya to stop gas subsidies, saying today the mechanism hampered transparency and dampened demand for investment.
Tan Sri Shamsul Azhar Abbas, the chief executive of the state oil company, said in his opening address at the World Gas Conference here today that countries with large gas reserves kept rates low to promote economic growth but heavy subsidies ultimately led to energy inefficiency.
“I believe gas prices should be left to be determined by market forces,” he said at the forum that drew 4,500 gas industry professionals from around the world.
“Industry players will have the flexibility to manage their own risks, work to deliver security of supply and meet demand at market prices.”
…
3 Comments | Malaysia, oil and gas | Tagged: subsidy, World Gas Conference | Permalink
Posted by Wata
