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

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Posted by Wata

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.

…

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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.

…

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Posted by Wata

Malaysia fresh lockdown hit on petrochemical ops likely limited

July 7, 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.

…

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Posted by Wata

Anniversary – Piper Alpha Disaster

July 6, 2021

Oil & Gas Engineers never forget.

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Shout Out – 2021-07 AER Going Global With MATRADE’S SEF

July 5, 2021

I’m the MC for this presentation, so expect PG-15, innuendos and double enders. The event will be at 11am, 6th July, online

You can join here: https://docs.google.com/forms/d/e/1FAIpQLSfLf1JgtdsfFoj-CKgg2F5BQFNT9bed_b8hZ0SgnEVNK4SMig/viewform

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Posted by Wata

Saving through sunlight

July 5, 2021

Do your maths first.

Dateline ??, The Star:

RETIRED pharmacist Chacko Paul is among an increasing number of people who has opted for solar energy to cut down on electricity consumption while doing his part for the environment.

“Our homes can be powered with solar energy, ” he said, highlighting that it would cut down on high utility bills.

…

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Posted by Wata

Malaysia: Offshore supply vessels in illegal STS oil transfer at Kemaman; arrested

July 2, 2021

It says offshore supply vessels, but not obvious in the text. Clickbait?

Dateline 2021-05-27, Manifold Times:

The Malaysia Maritime Enforcement Agency (MMEA, or Malaysian Maritime) on Tuesday (25 May) said it has arrested two offshore supply vessels over an illegal ship-to-ship (STS) oil transfer operation at the waters around Kemaman port.

A MMEA patrol boat detected the two ships approaching each other in a suspicious condition around 3.4 nautical miles from Kuala Kemaman and an arrest was made to the parties at 11.30am (local time) on Monday, said Kemaman Maritime Zone Director, Maritime Commander Rashidilhadi bin Abd Rashid.

…

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Posted by Wata

Did China Just Sound The Death Knell For Venezuela’s Oil Industry?

July 1, 2021

There’s a Malaysian twist here, just hold your horses.

Dateline 2021-05-21, Oilprice:

China has announced that it will impose taxes on heavy sour crude, a move that could hit Venezuela hard as it continues to struggle with U.S. sanctions and a dilapidated oil industry. Media reports suggest as many as 400,000 bpd of Venezuelan oil could be orphaned as new Chinese tax laws make it impossible for the country to export its crude to Asia. New regulations expected to come into place on June 12 would make the profit margins on Venezuelan oil too low to warrant its current export route.

Venezuela has not been exporting oil directly to China since 2019, largely due to the U.S. sanctions that continue to restrict the country’s oil exportation. However, China has been importing Venezuelan oil via Malaysian refineries, where it is mixed with fuel oil or bitumen before continuing on to China. China’s new rules could add around $30 per barrel to this “diluted bitumen”, making it economically inviable. Light cycle oil (LCO) and mixed aromatics will also be taxed under the new scheme.

…

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Posted by Wata

Will the new EV policy score an own goal again?

June 30, 2021

Dateline 2021-05-24, FMT:

Fortunately, the new national automotive policy is still in the draft stage. But after losing the pace of investment for the past 20 years, it looks like there will be more of the same as government custodians appointed to grow the automotive industry try desperately to fix the problem but will fail because they don’t recognise the issue.

First, the central issue about investment flight to Thailand and more recently to Indonesia is that the Europeans and Japanese automotive investors have a choice.

And they don’t particularly fancy having to share their plans, strategies and intellectual properties with a civil service officer in order to apply for customised incentives as proposed in the draft of the new automotive policy.

…

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Posted by Wata

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