EnQuest Sends Arbitration Notice to Barakah Offshore

March 28, 2022

Dateline 2022-02-08, Offshore Engineer:

Oil company EnQuest has sent a notice of arbitration to the Malaysian offshore oilfields services firm Barakah Offshore Petroleum regarding a dispute in which an adjudication decision was made in January ordering EnQuest to pay around $17,1 million, plus interest to Barakah’s subsidiary PBJV.

Barakah Offshore’s subsidiary PBJV had in September 2021 filed an adjudication claim against EnQuest in Malaysia seeking around RM73,5 million plus interest for works done and/or services rendered for the Outstanding Sum up until the year 2020 under a letter of the award signed in July 2018, were PBJV was engaged by EnQuest as the contractor for the execution of the “Provision of Pan Malaysia Maintenance, Construction and Modification (“PM-MCM”) Contract.”

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Shell weighs up drill drive offshore Malaysia

March 27, 2022

Still Anglo Dutch?

Dateline 2022-02-07, Upstream Online:

Anglo-Dutch supermajor Shell is gearing up for a drilling campaign offshore Sarawak, East Malaysia following a geotechnical investigation that is scheduled to start within days.

Shell has its eye on exploration and development drilling at four locations off the coast of Sarawak, with wells expected to be spudded this year.

The exploration prospects on the operator’s radar are Davana, Keremak and Ruku-Ruku, while drilling on its Selasih producing field is also on the cards.

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Sarawak to focus on downstream activities in oil and gas and agriculture

March 26, 2022

Dateline 2022-02-07, NST:

 Seventy per cent of the liquefied natural gas (LNG) supply in Malaysia comes from Sarawak, and yet the state only consumes less than five per cent of the country’s total production.

Chief Minister Tan Sri Abang Johari Openg said there was a pressing need to intensify localisation of gas supply and utilisation to further industrialise Sarawak in the next five to 10 years in order to increase high value downstream economic activities in the state.

“At the same time, we are also exploring new oil and gas blocks onshore and offshore to ensure volume is available for Sarawak’s journey towards industrialisation.”

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Government urged to bear temporary rise in fuel prices

March 25, 2022

Nope, educate riff raff like me to be efficient energy users. And efficient water users. And efficient food users. I mean, using a gas guzzler to go to a store 100m away, and idle in front of it for 30 minutes?

Dateline 2022-02-08, NST:

Business groups have urged the government to intervene and bear the temporary rise in fuel prices rather than impose an electricity tariff hike.

11 business associations and trade groups, in a joint statement today, pointed out that the recent electricity tariff hike would only “set the train of inflation further” and ring a death knell for many businesses and enterprises.

Businesses, they said, would not be able to absorb the “humongous” hike even if the economy was thriving.

“The sudden and immediate implementation of the hike in electricity charges is shocking in so many ways.

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Anniversary – Exxon Valdez

March 24, 2022

Safety engineers never forget.

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Random Promo – Bichi Mao

March 23, 2022

Disclaimer – I have no financial interest, I am a Patreon backer of the artist, Bichi Mao.

Have a look at their work see if it doesn’t tug your heartstrings. Purch their merch.

Everything has its own priority, when you reach animals and have the means, please manage pet breeding, support trap, neuter and release programs and your local animal shelter.

https://www.instagram.com/p/CLE5JIFjgpo/

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Oil royalties bait won’t bite, PAS tells Zaid

March 22, 2022

Why not?

Dateline 2022-02-07, FMT:

The Kelantan PAS Youth wing says payment of oil royalties to the state by the federal government is the right of the people and should not be used as a political bait.

Commenting on former law minister Zaid Ibrahim’s statement asking the voters to kick PAS out if they want the royalty payments, state PAS Youth chief Kamal Mohamad said such a decision must not be tied to the party which is ruling the state.

He said the people of Kelantan had previously been betrayed by the Umno-led Barisan Nasional (BN) government when it was in power by restricting the granting of oil royalties.

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Malaysia revs up carbon, capture and storage developments

March 21, 2022

Again, reduce, reuse, recycle, re-elect:

Dateline 2022-02-01, upstream:

Malaysia is targeting start-up of its first carbon capture and storage (CCS) project in 2025 and the second such development – also offshore Sarawak – is touted for the following year.

For Petronas Carigali’s Kasawari phase 2 project – the nation’s maiden CCS development – the extracted and compressed carbon dioxide will flow some 135 kilometres via a pipeline to the M1 field where it will be injected into a depleted reservoir.

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Malaysia’s Petronas offers 14 exploration blocks, discoveries, late-life assets

March 20, 2022

How about giving them to local communities and coops?

Dateline 2022-01-27, Reuters:

Malaysia’s state energy firm Petronas said it was offering 14 offshore exploration blocks, six clusters of discovered resource opportunities (DRO), and one cluster of late-life assets (LLA) in its annual bid exercise launched on Thursday.

The exploration blocks offered in the Malaysia Bid Round (MBR), aimed at attracting investors to undertake exploration activities, mostly contain existing oil or gas discoveries.

Those are located in prolific geological provinces within the Malay, Sabah and Sarawak basins, Petronas said in a statement.

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Malaysia’s Sabah aims to win big as world’s first green palm oil state

March 19, 2022

Dateline 2022-01-28, Reuters:

https://www.instagram.com/p/CW0_w9Bqu4W/

For Ettol Kumpilon, the switch from growing rice to oil palm on his small family farm in Malaysia’s eastern state of Sabah has enabled him to renovate his home, send his eldest child to school and build up a healthy pot of savings.

But with climate change fuelling rising temperatures that are hurting his yields, the 40-year-old has joined an innovative scheme that aims to raise sustainability standards among all palm oil producers across the state on Borneo island.

Its goals are to protect wildlife and forests, tackle land disputes and worker abuses, improve harvests and open the door to premium-paying palm oil buyers from around the world.

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