From Business Times – Sweden’s Lundin gets majority interest in block

June 28, 2011

Dateline 2011-06-14:

Sweden’s Lundin Petroleum has won a majority working interest to operate Block PM307 offshore Peninsular Malaysia, further strengthening its presence in the country’s oil and gas industry.

Its subsidiary, Lundin Malaysia B.V., has entered into a deal with Petronas Carigali Sdn Bhd, the exploration and production arm of Petroliam Nasional Bhd (Petronas) early this month.

Under the deal, Lundin bought a 75 per cent interest and operatorship, while Petronas Carigali holds the remaining 25 per cent interest.

With Block PM307, Lundin now operates a total of six blocks in Malaysia. The blocks in Peninsular Malaysia are PM307, PM308A and PM308B, which are contiguous.

The blocks in Sabah consist of SB303, SB307 and SB308, which are also contiguous

…


Saturday Star 2011-06-25 – Job Opportunities

June 27, 2011

Support me by purchasing my recommendations, or buying through my Amazon store. I need the money to pay for running this site. Corporate level sponsors are encouraged.

First off, 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.

  • Anyone know who Pioneer Engineering are? They are looking for an Engineering Manager, planning field engineer, workpack engineer – mechanical/ structural / E&M/ process/ chemical, lead designer, mechanical engineer, process engineer, electrical engineer, instrument engineer, civil engineer, process safety engineer.  Apply here.
  • Technip is looking for a mess of engineers. Visit here soon.

May I suggest that readers install the Waze app on their phones? And use it as much as possible? It says its a “a social mobile application providing free turn-by-turn navigation based on the live conditions of the road. 100% powered by users, the more you drive, the better it gets. Join the community of drivers in your area today!”

How about a selection of books on chemical plants?

Ludwig’s Applied Process Design for Chemical and Petrochemical Plants, Fourth Edition, Process Plants: A Handbook for Inherently Safer Design, Second Edition, Chemical Engineering Design: Principles, Practice and Economics of Plant and Process Design.


Shout Out – MOGEC – IChemE’s Fundamentals of Process Safety

June 27, 2011

Can someone sponsor my attendance fee?

Dear MOGEC member , I am pleased to inform you that we are bringing the above training to Malaysia for the third time. Please find the course leaflet for Fundamentals of process safety, 4-8 July 2011 in Malaysia which can also be downloaded from this URL: http://www.icheme.org/fpsmal2011 <http://www.icheme.org/fpsmal2011>

This Fundamentals of Process Safety training course is very relevant to industry. From IChemE’s investigations it was clear that whilst a number of different courses in process safety management are available there were still important training gaps which need to be filled. In particular none of the current courses provide a broad overview which will enable a young engineer or a manager to appreciate how the individual elements of process safety need to be combined to deliver practical results. In addition it is unlikely that an engineer who does not plan to specialise in process safety will be able to attend more than one or two of the specialist courses. It was this thinking that lead to the decision by the IChemE to develop a new course based upon contributions of many leading companies – BP, GSK, INEOS, Yule Catto, Health & Safety Executive (UK) and others. The course content has been designed in the UK to cover broadly all key elements of process safety, and to reflect on real life practice and case studies from the process industries.

IChemE in Malaysia brought this course here in June 2009 and it was very well attended. Participants came from organizations such as Ecogreen Oleochemicals, Emery Oleochemicals, Hess, KLK, MOX-Linde, Pacific Oleochemicals, PETRONAS, Revertex, Schaefer Kalk, Synthomer, Taiko, Talisman and the University of Nottingham (Malaysia campus).


From Borneo Post – Pengerang LNG terminal operations likely to boost Petronas Gas’ revenue

June 26, 2011

Johorians rejoice. What onshore gas field? Dateline 2011-06-10:

Petronas Gas Bhd (Petronas Gas) will likely get to generate more revenue from operating the liquefied natural gas (LNG) regasification terminal in Pengerang, Johore as well as from transporting more imported gas.

To recap, Petroliam Nasional Bhd (Petronas) confirmed that it would be proceeding with a 3.8 million-tonne per annum LNG terminal for the importation and regasification of LNG in Pengerang, Johore as part of its US$20 billion Refinery and Petrochemical Integrated Development (Rapid) project.

“The terminal, which will be completed by 2016, is likely to be located onshore, unlike its Melaka counterpart. Separately, the company also said it will soon announce a gas field development offshore Peninsular Malaysia with gas lasting 10 to 15 years,” said OSK Research Sdn Bhd (OSK Research), head of research Chris Eng in a research note yesterday.

…


From FT – Petronas tires of being piggy bank

June 25, 2011

Dateline 2011-06-09:

Interesting signals from Malaysia that Petronas may be tiring of being used as a piggy bank by the government, which relies on the state owned national oil company for more than a third of its revenues.

Shamsul Azhar Abbas, chief executive, disclosed to local reporters in Kuala Lumpur that Petronas is in talks with ministers over proposals for a dramatic shift in the way it pays dividends to its sole owner.

Up to now, the government has taken a flat M$30bn ($9.9bn) a year in dividends from Petronas, whatever its performance. That is a hefty contribution to federal government revenues, which last year amounted to M$199bn.

…

 


Unexpected Surprise

June 25, 2011

Ah, they let anyone in to these functions. I thank His Excellency for not subjecting me to the expected strip and body cavity search.


From the Star – Foreign-registered cars shouldn’t use subsidised fuel

June 24, 2011

Change ‘shouldn’t’ to ‘will pay triple for to’, remove the subsidies altogether, create a zippy (doesn’t have to be efficient) public transport network, and I’ll be happier

Dateline 2011-06-21:

The Petroleum Dealers’ Association of Malaysia supports the Government’s ruling to ban foreign-registered vehicles from using RON95 petrol.

Association vice-president Abu Samah Bachik said its 3,000 members felt the decision would prevent abuse of subsidised petrol by irresponsible parties.

“The ban is timely as it is unfair to allow foreign-registered cars to use subsidised petrol.

“Only local consumers should benefit from the subsidy,” he told The Star.

Abu Samah was commenting on the announcement by the Domestic Trade, Cooperative and Consumerism Ministry on June 15 that those driving foreign-registered vehicles would no longer be allowed to buy subsidised RON95 petrol and natural gas vehicle (NGV) products even if they show their MyKad.

…

You can subscribe to an online version of the paper at the e-browse site. The site technology is a bit out of date. You have to use IE7-8 to pay for a subscription, and there is no app. How will I be able to read The Star on my Nokia N95?


Shout Out – 2 Day Course on Maintenance Management: An Overview

June 23, 2011

This is a shout out for the IEM. My Technical Division will be  hosting a course on the 27th and 28th June, 2011. It’ll start at 9:00 and is worth 12.5 CPD hours. You still gotta climb those steps at Wisma IEM. They promise up that the elevator will be ready by the next AGM.

Objectives

  • To introduce participants to maintenance function in an organization and how maintenance support the organization objectives
  • To get participants to understand the best/world class maintenance practice criteria and benchmarking
  • To understand maintenance philosophy and practical application of the various types of philosophy in actual practice
  • To develop maintenance strategy for individual maintenance department
  • To develop skills in maintenance data and record analysis
  • To get full understanding on Asset Life Cycle Issues

Ir. Al-Khairi has a varied experienced in project, engineering, maintenance and reliability experience from various industries. Ir. Al-Khairi started his career a research assistant with Shell Research Centre in Thornton, United Kingdom in 1991. He came back to Malaysia and worked as a plant engineer with Associated Pam Malaysia Cement (APMC) Sdn Bhd, a cement plant, in Rawang, Selangor. He further developed his professional experience in oil and gas sector with Shell/PETRONAS via Malaysia LNG in Bintulu. He subsequently joined Uniqema Malaysia (an oleo-chemical plant), which is a subsidiary of Unilever and later ICI.

He went back to petrochemical plant when he became the Maintenance Manager with UCB Chemicals in 2002. His experience was enriched when he set up the facilities and equipment department with a world class Research and Development Company together with its factory set up. He then headed a similar role with a leading Medical Centre in Klang Valley prior to setting up his own consultancy company presently.

During his career, Ir. Al-Khairi has implemented various CMMS software’s such as SAP. MP2. Maintsavers and CWork. He also had won an award for his outstanding contribution on SHE excellent from ICI. Currently Ir. Al-Khairi is the Chairman of the Oil, Gas and Mining Technical Division of the Institution of Engineers Malaysia. Ir. Al-Khairi has developed an international alliance with other reliability Professionals under Uptime Alliance (see http://www.consciousasset.com and http://www.faqeh.com). Ir. Al-Khairi’s objective is to let the industry benefits from world class maintenance and reliability practices.

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


PETRONAS Will Intensify Crude Oil Exploration

June 23, 2011

Dateline 2011-06-06:

Malaysia’s state Oil and Gas Giant, Petronas will intensify Crude Oil exploration

Malaysia’s state Oil and Gas Giant, Petroliam Nasional Bhd or Petronas is “aggressively intensifying” its efforts in unleashing potential resources to boost oil production as the World struggles with the tightening of energy supply-demand balance.

Petronas’ Chairman, Shamsul Azhar Abbas said, when addressing the 16th Asia Oil and Gas Conference here on Monday, that Petronas is geared up to explore small and medium-sized oil fields that are yet to be discovered in the region, with the target of raising Crude Oil production by 1.7B bbls and the average recovery factor the ratio of recoverable oil reserves to the existing Crude Oil in a reservoir to above 30%.

…


From Business Times – ‘Marginal oil needs to be priced at US$80’

June 22, 2011

Dateline 2011-06-07:

Oil extracted from marginal fields, or hard-to-extract areas, may need to be priced between US$70 and US$80 a barrel, Dick Benschop, vice president for strategy at Royal Dutch Shell Plc, told reporters after attending the Asia Oil and Gas Conference in Kuala Lumpur today.

The company’s Gemusut field in Malaysia is on target to begin production at the end of 2012, Mohd Anuar Taib, chairman of Shell’s Malaysia unit, told reporters.

Its North Sabah field’s output is declining by about 5 per cent a year, Anuar said. — Bloomberg