Petronas inks MOU with Petros to increase natural gas supply

February 15, 2022

Dateline 2021-12-11, Malaysian Reserve:

Petroliam Nasional Bhd (Petronas) has inked a memorandum of understanding (MoU) with Petroleum Sarawak Bhd (Petros) to gradually increase natural gas supply to Sarawak to up to 1,200 million standard cubic feet per day (mmscf/d) by 2030.

Sarawak Chief Minister Tan Sri Abang Johari Tun Openg said the MoU would realise firm progress towards Sarawak Gas Roadmap (SGR), a 10-year plan designed for the full potential of the state’s abundant gas resources under the Sarawak Vision 2030.

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CM: Sarawak to continue strengthening Petros to spearhead involvement in O&G

February 14, 2022

Dateline 2021-12-11, Malay Mail:

The state government will continue to strengthen Petroleum Sarawak Berhad (Petros) in spearheading Sarawak’s enhanced involvement in the oil and gas industry, said Chief Minister Tan Sri Abang Johari Openg today.

He said that this is being done through assuming regulatory control of onshore mining, enforcing Sarawak’s constitutional authority over the distribution of gas and increasing Petros’ participation in offshore petroleum production areas.

“A key enabler is access by the state for adequate natural gas supplies needed to drive the state’s industrial development agenda,” he said when speaking at the Memorandum of Understanding signing between Petroliam Nasional Berhad (Petronas) and Petros for the Revised Total Natural Gas Supply to Sarawak for the implementation of projects under the Sarawak Gas Roadmap (SGR).

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Gas Malaysia continues to fuel the nation with Petronas

February 11, 2022

A bit of history.

Dateline 2021-07-02, Malaysian Reserve:

GAS Malaysia Energy and Services Sdn Bhd (GMES), a wholly owned subsidiary of Gas Malaysia Bhd has signed the gas sales agreements (GSAs) with Petroliam Nasional Bhd (Petronas) through Petronas Energy & Gas Trading Sdn Bhd (PEGT).

The deal is a continuation of a long-term supply of natural gas from PEGT to GMES in to support the supply security of energy in Malaysia, provide social and economic growth, as well as contribute to the success of gas market liberalisation.

The GSAs were formalised on Dec 2, 2021, where PEGT was represented by its CEO Khairuddin Khalik, while GMES was represented by CEO Shahrir Shariff.

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Connecting the strength of Malaysia’s oil & gas services and equipment industry with global needs

February 10, 2022

This is MATRADE marketing here. Let’s not make this an ‘indah kabar dari rupa’ fiasco.

Dateline 2021-12-09, Bangkok Post:

Malaysia’s oil & gas services and equipment (OGSE) industry plays a significant role in the country’s oil and gas sector. In recent years, the OGSE industry has pivoted towards producing a greater share of sustainable energy while at the same time balancing affordability, access and job creation. In the coming years, through innovation and advancement in low-carbon technologies, the growth of the sector is expected to be achieved in a sustainable manner without greater costs to future generations.

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Malaysia’s Petronas Gas to build new gas compressor station

February 9, 2022

Interesting, I would look to business intelligence, figure out who exactly is setting up business in Johor, and conclude that Singapore needs our gas.

Dateline 2021-12-08, The Business times:

Malaysia’s Petronas Gas on Wednesday said it has approved a final investment decision for the construction of a new gas compressor station in the southern state of Johor.

The station in Kluang, Johor, is to be completed in the first quarter of 2024 with an aim to increase the gas capacity of the Peninsular Gas Utilisation II gas pipeline network, the firm said in a bourse listing.

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Petronas sees carbon capture as business potential

February 8, 2022

Do you think this will come back and bite Petronas later, like the O&G claims re: global warming and the plastics recycling debacle?

Dateline 2021-12-07, Malaysian Reserve:

PETROLIAM Nasional Bhd (Petronas) is looking into the possibility of deploying more low carbon solutions in the long term, with a project on carbon capture and storage (CCS) on the horizon.

Petronas chief sustainability officer Charlotte Wolff-Bye told The Malaysian Reserve (TMR) that CCS presents the firm with the potential to solve the technical challenge it is facing with high CO2 assets and projects.

“Hydrocarbons per se are not the problem, but it is the emissions that we must address. In our sector, important means are improving energy efficiency, reducing flaring and venting, considering electrification of power supply and so on.

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Sabah earns RM1.4b via petroleum sales tax in 2021

February 7, 2022

How do I break into Sabah?

Dateline 2021-12-07, Malay Mail:

Sabah has projected an earning of RM1.4 billion from the newly-implemented sales tax from oil and gas companies this year, Chief Minister Datuk Seri Hajiji Noor said today.

Hajiji said the number was revised from the initial RM1.25 billion, due to the increase in global commodity prices.

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Vote for IEM VP Candidate 2022 – Ir. Razak Yakob

January 31, 2022

Ir. Abdul Razak Yakob is running for a VP post at the Institution of Engineers Malaysia. I am fully behind him to be a VP and higher positions, and I hope that you have the same sentiments. If your pen (or computer screen) has only one pixel left, please tick his box.

Those of you who know him professionally in the oil & gas sphere should be assured that he is passionate about improving processes, encouraging and bringing up the next generation of engineers, and has integrity and trustworthiness with respect to the responsibilities he takes on.

In a non-working environment, he has initiated, directed and participated in new and innovative activities to revitalize the image of IEM. This would include the Chillex sessions, ABC4E and KISS. Behind the scenes, without fanfare, among his recent posts are Chairman of the Oil, Gas and Mining Technical Division, IEMGo and the 2021 Annual Dinner.

And if you have another pixel, I’m running for Council. Meh.

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Sabah, Petronas ink historic agreement on oil and gas development

January 14, 2022

Dateline 2021-12-07, FMT:

The Sabah government and Petronas today signed a Commercial Collaboration Agreement (CCA) to further enhance the collaboration between the two parties in developing the oil and gas industry in the state.

The signing ceremony was held in the state capital and was witnessed by chief minister Hajiji Noor and Petronas chairman Mohd Bakke Salleh.

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FEED contracts for nearshore LNG project in Sabah

January 13, 2022

Tell me why nearshore is a specific thang?

Dateline 2021-12-01, Upstream:

Malaysian state-run oil and gas giant Petronas has dished out two front-end engineering and design contracts for a nearshore floating liquefied natural gas project in Sabah, East Malaysia.

Petronas revealed on Wednesday that it had awarded FEED contracts on the project to Italy’s Saipem as well as to a consortium involving Japan’s JGC and South Korea’s Samsung Heavy Industries.

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