Process Safety Engineers never forget.
Explain RM2.7bil injection into Sapura when you were govt, Najib tells PH
July 9, 2022Man, I missed a good fight in May, shades of (no, not dirty white) Rumble in the Jungle.
Dateline 2022-05-15, FMT:
Former prime minister Najib Razak wants Pakatan Harapan (PH) to explain why it pumped RM2.7 billion into Sapura Energy Bhd (SEB) in 2019, despite knowing that its former CEO Shahril Shamsuddin was given a huge compensation the year before.
He was referring to the amount injected into the company by Perbadanan Nasional Bhd that made the GLC the largest shareholder in the oil and gas company.
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Malaysian election, oil and gas | Tagged: Najib Tun Abdul Razak, Perbadanan Nasional, Sapura Energy | 
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Posted by Wata
Sarawak in talks with Norway to form sovereign fund, says Abang Johari
July 8, 2022Ah, another 1MDB, which used to be a Terengganu sovereign fund. Book those URLs now, ladies.
Dateline 2022-05-13, The Edge:
Sarawak will engage seriously with Norway in an earnest effort towards the successful formation and management of its own sovereign wealth fund, Sarawak Premier Tan Sri Abang Johari Tun Openg said.
Given the widely acclaimed success of Norway’s sovereign wealth fund that had been managed with the highest standard of governance since its inception in 1996, it is a standard Sarawak needs to benchmark on, he pointed out.
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Taking over Sapura Energy will depend on financial situation, says Tok Pa
July 7, 2022Wait, what? PETRONAS is proposing this? What about our fabrication yards?
Dateline 2022-05-14, FMT:
The government must look at the country’s financial performance before considering the proposal for Petroliam Nasional Bhd (Petronas) to take over Sapura Energy Bhd (Sapura Energy) to prevent the oil and gas company from going bankrupt.
Economic affairs minister Mustapa Mohamed said careful consideration must be taken as the oil and gas industry is a strategic industry and taking into account that Sapura Energy is the world’s second largest integrated oil and gas service provider.
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Leave a Comment » | Malaysian election, oil and gas | Tagged: Mustapa Mohamed, Petronas, Sapura | Permalink
Posted by Wata
Anniversary – Piper Alpha Disaster
July 6, 2022Oil & Gas Engineers never forget.
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Petronas-Aramco refinery in Malaysia restarts after 2-year closure: source
July 6, 2022Dateline 2022-05-11, Arab News:
 A 300,000 barrel-per-day refinery-petrochemical complex in Malaysia run as a joint venture between Petronas and Saudi Aramco has restarted after a more than two-year closure, a source with knowledge of the matter said.
The complex in Pengerang, Johor, is resuming operations at a time when refining margins in Asia are at record levels, buoyed by a fuel demand recovery as more economies across Asia, except for China, ease COVID-19 restrictions.
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Dive Tenggol – 2022-06
June 22, 2022Wanna dive?
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Petronas-Aramco refinery in Malaysia restarts after 2-yr closure – source
June 17, 2022Dateline 2022-05-12, Reuters:
A 300,000 barrel-per-day refinery-petrochemical complex in Malaysia run as a joint venture between Petronas and Saudi Aramco has restarted after a more than two-year closure, a source with knowledge of the matter said.
The complex in Pengerang, Johor, is resuming operations at a time when refining margins in Asia are at record levels, buoyed by a fuel demand recovery as more economies across Asia, except for China, ease COVID-19 restrictions.
…
Leave a Comment » | oil and gas | Tagged: Aramco, Pengerang, Petronas | Permalink
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Premier: Sarawak a rising tiger in renewable energy
June 16, 2022Dateline 2022-05-09, Malay Mail:
Sarawak Premier Tan Sri Abang Johari Openg has described the state as a rising tiger in the renewable energy arena and is opening its frontiers to help traditional industries become more sustainable.
With hydrogen being one of the sectors that it intended to develop, he said the State Government had specifically highlighted renewable energy as a cornerstone to it
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Dive Tenggol – 2022-05
June 15, 2022I gotta get a new dive
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Posted by Wata
Wata - Malaysian Oil and Gas Engineer 