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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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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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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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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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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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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He will bang tables? Okay….. if that floats your boat.
Dateline 2022-03-21, FMT:
Sabah local government and housing minister Masidi Manjun has said he would not back down on the issue of the state’s rights, including on oil and gas, in its negotiations with the federal government and Petronas.
Masidi, who is the head of the state’s negotiation team, said the terms in the talks were in line with the aspirations of the people.
“I’ll walk out of the negotiation room and bang tables if I am not satisfied,” he said in reply to a supplementary question from Shafie Apdal (Warisan-Senallang) at the state assembly today.
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Dateline 2022-03-22, JPT:
Today’s high oil prices have not removed the memories of some top upstream executives about how swiftly boom-and-bust cycles can move, nor have they eroded their mission to lower carbon footprints.
Some of Southeast Asia’s top oil and gas executives spoke at OTC Asia on Tuesday about the dual challenge of achieving production growth while meeting the low-carbon demands of the energy transition amid a backdrop of rising energy prices and a world economy that is trying to get back on its feet.
The OTC Asia technical conference kicked off in Kuala Lumpur little more than a week before Malaysia is set to fully open its borders 2 years since the start of the COVID-19 pandemic and during a week when oil prices have bounced back above $110/bbl. Both circumstances served as a reminder that as one source of volatility is fading, another has arrived with the Russian invasion of Ukraine.
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Dateline 2022-04-17, The Edge:
The management of the renewable energy (RE) development programme is good in terms of achieving the installed capacity of RE as set out in the Green Technology Master Plan 2017-2030.
In addition, according to the Auditor-General’s Report (LKAN) 2020 Series 1, the contribution of RE in the national energy generation mix is good based on achievements of generation against the targets set out in the National Renewable Energy Policy and Action Plan.
However, there are weaknesses in aspects of programme management that need attention, including in the aspects of the notification system for RE producers, the feed-in tariff (FiT) programme performance and a significant shortage of feedstock supply of wood chips.
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2022-03-21, Gulf Business:
Abu Dhabi-headquartered Mubadala Petroleum has successfully started gas production from the Pegaga gas field in Block SK 320, offshore Malaysia. In 2014, the company reported that it had found substantial gas resources in the gas field.
The Pegaga gas field is designed for gas throughput of 550 million standard cubic feet of gas per day plus condensate. The produced gas will be evacuated through a new 4km, 38-inch subsea pipeline tying into an existing offshore gas network and subsequently to the onshore Petronas LNG Complex in Bintulu.
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Wata - Malaysian Oil and Gas Engineer 