Some photos of the Malaysia Airlines Business Lounge.
The SOGE Story – MAS Business Lounge
October 31, 2010
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From the Star – Sabah and Sarawak Left Out
October 30, 2010Pouring oil on the fire, dateline 2010-10-19: Is it politically correct to bring out at this point that I need a work permit to ply my trade in Sabah and Sarawak?
DAP national publicity secretary Tony Pua has claimed that Sabah and Sarawak will remain marginalised because most projects under Budget 2011 are for peninsular Malaysia.
Of 39 prominent projects stipulated in the Budget, Pua said only eight were based in the two states and that the value of all projects in the peninsula amounted to a massive RM109.74bil.
“In contrast, Sabah and Sarawak’s amounted to a meagre RM9.55bil or just 8% of the total value,” he told reporters at Parliament lobby.
Pua said in the oil and gas sector, Sabah and Sarawak had contributed 44.5% in terms of crude oil and 64.1% of natural gas production in 2007.
“Based on the Ninth Malaysia Plan mid-term review, the two states remained the poorest in the country. It is hard to imagine that it was only in 1970 when Sabah was the second richest state in the country.”
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From The Star – Don says Johor coastline has good O&G potential
October 29, 2010I don’t think he meant you should be conducting 2-D seismic studies in the area, though.
Those of you who have been and didn’t like Teluk Ramunia in the past, I believe the place has gotten better. Has the highway to JB been opened yet? Has Desaru come back to life?
Taken from the Star, dateline 2010-10-21:
Teluk Ramunia and Pengerang in south-east Johor have the potential to be a new regional oil and gas (O&G) hub.Professor Dr Ariffin Samsuri, dean at the Faculty of Petroleum and Renewable Energy Engineering (FPREE), Universiti Teknologi Malaysia, said more feasibility studies needed to be conducted on the potential exploration activities in those areas.
He said the coastlines at the east of the peninsula, stretching from the Thailand-Kelantan border to Pengerang, offered opportunities for O&G-related activities.
Ariffin said the stretch could be the country’s newest O&G reserve fields, as many parts of the areas were not totally explored except off-Terengganu waters.
“The Teluk Ramunia and Pengerang areas will benefit from the O&G-related activities and could be like Kerteh in Terengganu,” he told a press conference at the opening of the two-day O&G Symposium 2010, jointly organised by FPREE and the Society of Petroleum Engineers UTM Student Chapter, on Tuesday.
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You can subscribe to an online version of the paper at the Bluehyppo site, follow links to e-browse.
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Talisman Invests in 14 GeoSc, Eng Students.
October 28, 2010Taken from the CSR digest, dateline 2010-10-20:
Talisman Malaysia Limited held the 2010 Talisman Malaysia Limited Scholarship Award Presentation Ceremony recently at the Mandarin Oriental hotel in Kuala Lumpur. Officiating the event was YB Datuk Haji Omar bin Abd. Rahman, Deputy Secretary General (Management), Ministry of Higher Education, Malaysia. Also attending the ceremony was Vice President of Operations and Engineering and Acting Country Manager Talisman Malaysia Limited, Jim Tarlton.
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From the Star – Uzma wins Oil Contract
October 27, 2010I know the fellas at Uzma are smart, but this news release must rank among those most empty of information. Do you buy or sell Uzma share?
Taken from the Star, dateline 2010-10-23:
Oil and gas contractor Uzma Bhd told Bursa Malaysia yesterday its wholly owned unit has received a letter of award from a national oil company as one of the contractors appointed to do subsurface studies for “routine and enhance oil recovery services’’ for an intial period of three years.Uzma did not named the national oil firm, disclosed any financial details with regards to the appointment. “It should be noted that the subsurface contract does not constitute or imply a commitment by the oil firm to award any specific volume of works to Uzma.”
You can subscribe to an online version of the paper at the Bluehyppo site, follow links to e-browse.
2 Comments | business opportunity, Malaysia, oil and gas | Tagged: Uzma | Permalink
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HDR Photos
October 26, 2010I’ve been trying out some HDR techniques. What do you think?
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Saturday Star 2010-10-23 – Job Opportunities
October 25, 2010Support me by purchasing my recommendations, or buying through my Amazon store.
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.
- There’s a full page ad for Saudi Aramco Total (SATORP). Maybe I should drop by when I am in-country next month. The positions are too numerous to list here. You can apply via email here or here. Or key in your resumes online here. Login under candidate login and password at the website.
- I see that QatarGas is looking for people.They are looking for a Head of Shutdown, Snr Mech Tech, Snr Instrument Tech, Snr F&G Tech, Snr Elec Tech, Snr Metering Tech, Meridium Function Support (CMMS) Eng. Apply here. or snail mail to No. 68 & 70 Fraser Business Park, Jalan Metro Pudu 2, Off Jln Yew, 55200 Kuala Lumpur.
Leave a Comment » | engineering, Malaysia, oil and gas | Tagged: Qatargas, Sator, Uzma | Permalink
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From Bloomberg – Petronas Chemicals Said to Plan $4 Billion IPO
October 24, 2010From Bloomberg, dateline 2010-10-12:
Petronas Chemicals Bhd., the petrochemicals unit of Malaysia’s state oil company, may raise as much as $4 billion in the Southeast Asian nation’s biggest initial public offer, said two people familiar with the matter.
Banks advising on the sale set an indicative price of 5.20 ringgit per share, said the people, who spoke on condition of anonymity. The company had originally planned to raise about $2 billion, people with knowledge of the matter said in June.
Petronas Chemicals is one of two Petroliam Nasional Bhd. units slated for a listing this year. Malaysia Marine & Heavy Engineering Bhd., a maritime heavy engineering group, said in a prospectus Oct. 6 that it aims to raise as much as 2.04 billion ringgit ($655 million) this month.
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3 Comments | business opportunity, Malaysia, oil and gas | Permalink
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From Bloomberg – Petronas Sets Tapis Crude Oil Price Factor at Record for a Second Month
October 23, 2010From Bloomberg, dateline 2010-10-12:
Petroliam Nasional Bhd., Malaysia’s state oil and gas company, increased a price-adjustment factor for its benchmark Tapis crude to a record for a second month.
Petronas, as the Kuala Lumpur-based company is known, raised the factor to $4.20 a barrel for October, up 10 cents from September, said an official today, asking not to be identified because of corporate policy. Last year, the adjustment factor averaged $2.48.
The increase follows a recovery in profit for turning light crude such as Tapis into gasoil, or diesel. The product’s premium to Dubai crude, the Asian benchmark, ended September trading at $11.97 a barrel, the first monthly gain in three, according to brokers PVM Oil Associates. This crack spread climbed to $13.38 today, the highest since Aug. 3.
Petronas includes the Tapis adjustment factor in its formula for calculating monthly crude official selling prices. The other component is the average of twice-weekly assessments compiled by the Asian Petroleum Price Index, a Hong Kong-based panel of traders.
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Job Opening – Finance Manager
October 22, 2010Synergy Oil & Gas Engineering Sdn Bhd
Synergy is a fast growing process engineering company providing solutions to the oil and gas industry. Areas of expertise include dynamic simulation, flow assurance, operational support, conceptual design, and material management. Group offices are located in Indonesia and Malaysia.
Finance Manager
(Selangor – Subang Jaya)
Responsibilities:
- To manage all facets of accounting and finance functions.
- Cost accounting, Cash flow management, budgeting, financial planning, analysis and reporting, tax planning and forecasting
- Ensure an accurate, efficient and timely accounting system is maintained
- Formulate and monitor accounting policies and standards to improve internal control
- Liaise with relevant parties to ensure compliance with all matters relating to audit, tax and statutory requirement
Requirements:
- Degree in Finance with professional qualification such as ACCA/CPA/MICPA/CIMA/MIA or its equivalent
- Minimum 8 years working experience with at least 3 years in managerial position
- Excellent understanding of accounting principles and financial analysis
- Demonstrate excellent analytical skills with strong business acumen.
- Able to work independently and closely with company directors to guide and advice on financial aspects
- Good interpersonal skills and leadership abilities
- Commercial experience in service industry would be preferred.
Apply via Jobstreet.
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