Malaysia’s Petronas plans to scale up CCS at Kasawari gas field

October 28, 2021

I learnt a term from the Interwebs, paraphrasing (it applied to bodyweight control) “Calorie control begins in the kitchen” How about gomen shelf the CCS, and look at streamlining the kitchen? Imagine the saman revenue.

Dateline 2021-10-06, Reuters/LeaderPost:

Malaysia’s Petronas plans to scale up a carbon capture and storage (CCS) project as part of the second phase of development at the Kasawari gas field off Sarawak, its CEO said.

The CCS project at the field, which is estimated to hold 3 trillion cubic feet of gas reserves, is key to the state energy firm’s plans to achieve net zero greenhouse gas emissions by 2050.

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Petronas upstream investment approvals to accelerate

October 27, 2021

Dateline 2021-10-18, Energy Voice:

Malaysian national energy company Petronas is expected to accelerate final investment decisions (FIDs) for upstream oil and gas projects between 2022 and 2023 following a sharp decline over 2020-21, according to the latest research from Rystad Energy.

The number of final investment decisions (FIDs) made by Petronas in 2020 dropped by 70% over the previous year and is set to be down by 85% this year from the 2019 level, Rystad said in its latest report.

“Petronas has so far this year sanctioned four key projects in Malaysia and Indonesia: the Jerun, Timi and Bakau non-associated gas developments offshore Sarawak, and the Kaliberau Dalam early production system project in Indonesia,” said Rystad.

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Shoutout – APCChE 2021-10

October 26, 2021

I’m giving a talk on Wed, 27th October, 2021. Spoilers, the subjects of the talk will be:

  • Infra – The Case of the Rebellious Infrastructure
  • Scheduling – The Case of the Wonky Schedule
  • ToR – The Case of The Amazing Assumptions and Bodacious Basis
  • Docs – The Case of the Mutating Scribblings
  • Multi Task – A Case of Smooshing Studies
  • Authority – The Case of The Disappearing Baron
  • Team member’s Seat
  • Leader – The Case of the Flubbing Conductor
  • Lost – Lost in Translation
  • Litigious- Going Down Fightin’

Register here. I mean, really, as there is no ‘smash that like button’ or ‘subscribe to help the algorithm’ nonsense here.

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Petronas to send first carbon neutral LNG to China’s Shenergy

October 25, 2021

Dateline 2021-10-01, Capital.com.

Petronas LNG, a subsidiary of Malaysia’s state-owned oil and gas major Petronas, signed an agreement with China’s Shenergy Group for the delivery of carbon-neutral liquefied natural gas (LNG) cargoes from Petronas LNG Complex in Bintulu, Sarawak, Petronas, according to its statement on Thursday. 

The deal is the oil giant’s first delivery of carbon-neutral super-chilled gas to China. The firm would deliver the cargoes to Shenergy’s terminals in Shanghai between October 2021 and March 2022, the company release added.

Last month, Petronas shipped its first carbon-neutral LNG cargo to Japan.

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Malaysia’s Petronas says maintenance underway at Kimanis oilfields

October 10, 2021

Dateline 2021-09-30, Financial Post/ Reuters:

Malaysia’s state energy firm Petronas said on Thursday that unplanned maintenance is underway at the Gumusut-Kakap oilfield operated by Royal Dutch Shell off the coast of Sabah.

“The operator is working to resolve the matter in ensuring the Kimanis crude oil achieves its peak production,” Petronas said in an emailed statement to Reuters.

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5 ways Southeast Asia can manage its fluctuating renewable energy supply

October 9, 2021

Dateline 2021-09-29, WEForum

That’s an interesting plan. Sounds like a megaproject. If we can tumpang ASCOPE, we can have a very large grid.

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The Laos-Thailand-Malaysia-Singapore Power Integration Project, too, has moved ahead. Under the scheme, participating countries have committed to sending electricity from Laos to Singapore and Malaysia, with Thailand acting as a transit country.

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Petronas needs new direction to survive climate change, says MP

October 8, 2021

Again, PETRONAS, Petrlouem Development Act? This is like saying PROTON needs to pivat towards mass transport, and gomen will subsidise them… wait. Or maybe Malaysian Airlines needs to pivot toward hospitaliy services, and gomen will subsidise them.. wait.

Dateline 2021-09-29, FMT:

State energy firm Petronas has to change its business model to survive in the coming decades due to climate change.

Wong Chen (PH-Subang) said it would need to focus instead on renewable energy, together with its contractors, vendors and suppliers.

“Otherwise, Malaysia will face a catastrophe,” he said during his speech on the 12th Malaysia Plan (12MP) at the Dewan Rakyat.

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Malaysia’s Petronas reports fire at LNG complex in Bintulu, operations unaffected

October 7, 2021

Pure speculation on my part, pump fire?

Dateline 2021-09-29, Reuters:

Malaysia’s state energy firm Petronas said a fire broke out at its massive liquefied natural gas (LNG) complex in Bintulu on Tuesday but that operations were unaffected.

The fire occurred at the sea-cooling water outfall channel located outside the complex’s process area, and was successfully extinguished, Petronas said in a statement on Wednesday.

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Saudi Arabian Oil : Malaysia’s Petronas hopes to restart Pengerang refinery by year-end

October 6, 2021

Dateline 2021-09-26, Market Screener:

Malaysia’s Petronas hopes to restart its Pengerang refinery-petrochemical complex, a joint venture with Saudi Aramco, by year end, Arif Mahmood, Petronas’ executive vice president and CEO of downstream, said at the Platts APPEC 2021 conference.
The 300,000 barrel-per-day refinery complex in Johor was shut in March 2020 following a deadly fire. The Malaysian state energy firm in February delayed the restart of the complex to the second half of 2021 from the first.

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Petronas’ subsidiaries to benefit from hydrogen production

October 5, 2021

Y’know, PETRONAS was a creation of The Petroluem Development Act. I suggest they stick to it, and the gomen pass the Hydrogen Devepment Act, the Renewable Energy Development Act, and let the O&G industry look after its own. Or risk having a company too big to fail (sound familiar, UK and China?)

Dateline 2021-09-23, The Edge:

Petroliam Nasional Bhd’s (Petronas) subsidiaries, such as Petronas Chemicals Group Bhd and Petronas Gas Bhd, are well positioned to begin investing in natural gas-to-hydrogen production, which could diversify their revenue stream, said AmInvestment Bank.

In a research note today, the investment bank said support providers such as Dialog Group Bhd — which has built liquefied natural gas terminals in Pengerang and provided specialist and plant maintenance services — may also be able to take part in the value chain as Petronas ventures into the hydrogen market.

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