PTTEP, Petronas aiming for Sarawak gas double

July 16, 2021

Dateline 2021-06-09, Upstream Online:

Thailand’s national upstream company PTTEP is set to spud imminently the Nangka-1 exploration well on the Block SK 147 production sharing contract offshore Sarawak in Malaysia’s exclusive economic zone.

Borr Drilling’s jack-up rig Saga, which was last operating on the Medan Helang D1-1 well, has been lined up for the Nangka wildcat.


Floating LNG sector showing its strengths

July 15, 2021

Operating FLNG units is no more challenging that operating onshore liquefaction facilities” Really?

Dateline 2021-06-04, Upstream Online:

Floating liquefied natural gas contractors are ready to pounce on fresh opportunities in the growing sector after a clutch of eye-catching developments in Asia, Africa and beyond have proven the technology.

Originally envisaged and developed to exploit remote or stranded gas resources, FLNG is currently being deployed in both deep and shallow waters and has even been used to produce from onshore fields.

The technology is also gaining increasing traction as a development option where onshore liquefaction may prove challenging due to security issues, a lack of infrastructure or other factors.

Operating FLNG units is no more challenging that operating onshore liquefaction facilities, Amir Hamzah Ghazali, head of floating LNG at Malaysia’s national oil company Petronas, told Upstream’s “The Future of Floating Liquefied Natural Gas” digital event last week.


Petronas, Hess said agreed to amend gas sale agreement

July 14, 2021

Dateline 2021-06-07, The Edge:

Petroliam Nasional Bhd (Petronas) and US-based Hess Corp’s subsidiary Hess Malaysia are said to have agreed to amendments made to their existing upstream gas sales agreement (UGSA) to include the sale and purchase of gas produced from the North Malay Basin (NMB) oil and gas field located offshore Peninsular Malaysia.

In a statement today, Hess Corp said the UGSA governs the sale and delivery of gas from the NMB project to Petronas and helps Hess Corp meet its supply and sale commitments in Peninsular Malaysia.

Zhiyong Zhao, vice president of Hess Asia, said in the statement: “The amended UGSA delivers access to new gas supplies that are critical to Malaysia’s economic prosperity and energy security.”


Repsol Sells E&P Assets in Malaysia, Vietnam to Hibiscus Petroleum

July 13, 2021

Dateline 2021-06-01, Offshore Engineer:

Spanish oil company Repsol is set to sell its oil and gas exploration and production assets in Malaysia and in Block 46 CN in Vietnam to Malaysia-based Hibiscus Petroleum for an undisclosed fee.

Repsol said that the sale of its upstream assets in Malaysia and in Block 46 CN in Vietnam supported its plan to reduce its presence from 25 to 14 core countries.

Repsol said it was concentrating its upstream activity on 14 key projects centered around producing basins and executed through lean modular development, prioritizing value over volume.


Federal Government cedes licensing for the importation, distribution and retail of Liquified Petroleum Gas in Sarawak to State Government

July 12, 2021

Dateline 2021-05-31, Skrine:

The importation, distribution and retail of liquified petroleum gas in the State of Sarawak will be regulated by the State Government of Sarawak commencing 1 June 2021.
 
Under the Distribution of Gas Ordinance, 2016 (Chapter 72) of Sarawak (“Ordinance”), which came into operation on 1 July 2018, various activities relating to the importation, distribution and retail of gas, including liquified petroleum gas, in the State of Sarawak will require a licence issued by the Director of Gas Distribution under the Ordinance.
 
To this end, the Federal Government of Malaysia has gazetted the Notification of Exemption (Amendment) 2021 (“Amendment Notification”) and the Control of Supplies (Exemption) Order 2021 (“Exemption Order”), both of which will come into operation on 1 June 2021.


Petronas chases new gas reserves as it gears up Malaysia drilling campaign

July 11, 2021

Dateline 2021-06-01, Upstream:

Malaysia’s national upstream company Petronas Carigali is forging ahead with field development work offshore East Malaysia, where it will bring on stream new gas reserves later this year.

Petronas as early as this week is set to start the development drilling campaign for its Bakau non-associated gas (NAG) development offshore Sarawak.


Anniversary – Seveso Disaster

July 10, 2021

Process Safety Engineers never forget.


Shout Out – IEM Chillax 2021-07

July 9, 2021

You gotta attend. Ir. Abdul Razak Yakob will be chillin’.


WEBINAR – “Sembang Chillex Kejuruteraan Bersama IEM”
Venue:Digital Platform
Date & Time:10 Jul 2021 (2:00 PM – 5:00 PM)
CPD/PDP:0
Organised By Standing Committee on Activities
The “Sembang Chillex Kejuruteraan bersama IEM” (https://youtu.be/hYq8fLkXtYc) Series aims to:

•    promote engineering as a profession to young Malaysians
•    inform the public about the engineering profession and availability of various disciplines in Malaysia
•    inform the public on differences in the work of the engineers, engineering technologists, and engineering technicians
•    guide the young Malaysians to choose the suitable engineering discipline aligned to their interest
•    provide the guidance on how to check the accreditation status of the institute of higher learning (IHL) and its programs for the student’s engineering interest
•    encourage students to take up Science and Mathematics so that they can join the engineering profession

The first session of this Series would focus on:
•    Choosing Engineering as a Profession
•    Choosing an engineering discipline

Meet our Panel:
* Moderator – Ir. Fam Yew Hin (Mechanical Engineer)
Panelists:
* Ir. Ts. Dr M. Dewika Naidu (Chemical Engineer)
* Ir. Yau Chau Fong (Electrical Engineer)
* Ir. Rusnida bt Talib (Civil Engineer)
* Ir. Abdul Razak bin Yakob (Petroleum Engineer)

Register the next generation here! https://www.myiem.org.my/events/eventregistration.aspx?id=18391

Malaysia fresh lockdown hit on petrochemical ops likely limited

July 9, 2021

Dateline 2021-05-31, ICIS:

Malaysia will go on a nationwide lockdown for two weeks from 1 June, but petrochemical production will continue and is likely be spared from any major disruption given its classification as an essential sector.

For some local downstream plastic manufacturers, however, the lockdown may cause a manpower crunch.

The lockdown was announced on 28 May, following a sharp rise in new coronavirus cases in the country, with only essential economic sectors and services allowed to operate.

“This decision was made after taking into account the current situation of the COVID-19 outbreak in Malaysia, with daily cases surpassing 8,000 and over 70,000 active cases,” Malaysian Prime Minister Muhyiddin Yassin said.

The country reported five straight days of record hikes in coronavirus cases, with overall infections at more than 565,500 with 2,729 deaths as of 30 May, according to health ministry data.


Malaysian oil and gas services firm Serba Dinamik rejects auditor’s concerns

July 8, 2021

For the historical record. And based on no financial savvy, I say buy, buy, buy.

Dateline 2021-05-30, Deal Street Asia:

Malaysian oil and gas service firm Serba Dinamik Holdings Bhd said it did not see any problems with more than 3.5 million ringgit of contracts and transactions questioned by its auditor.