September 7, 2021
I think ‘energy that exceed UN Sustainable Development Goals and gives my grandchildren other than a Malaysian desert’ is the way to go, but hey, each to his own pocket.
Dateline 2021-08-XX, The Star:
Tough economic times are the best time for companies or individuals to invest in solar photovoltaic systems, says the Sustainable Energy Development Authority (Seda).
Seda Strategic Planning Division director Ibrahim Ariffin said the value proposition for investments was two-fold – environmental and cost savings in the form of electricity bills.
“Climate change and sustainability have become key motivations across the globe and for the private sector.
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Renewable Energy |
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Posted by Wata
September 6, 2021
Dateline 2021-08-12,S&P Global:
Malaysia’s national oil company Petronas has issued a front-end engineering and design tender for a third floating liquefied natural gas or FLNG plant, for which bids are due in August from interested parties, according to sources with direct knowledge of the matter.
The FEED study is expected to kick off before the end of 2021 and lead to a final investment decision on the unit dubbed PFLNG Tiga during the second half of 2022, sources said. Petronas declined to comment.
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oil and gas | Tagged: FLNG, Petronas |
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Posted by Wata
September 3, 2021
Wait,
PM524 minefield?
Dateline
2021-08-10, Aju Business Daily:
POSCO International, a trading arm of South Korea’s steel group, will work with Petronas, a Malaysian state oil and gas company, to explore gas fields in waters of the east coast of the Malaysian Peninsula.
In an international bid, POSCO International said it has won the right to explore and operate the PM524 minefield where Petronas already operates a gas field. The South Korean company aims to sign a product distribution contract within this year after coordinating with Petronas on detailed conditions.
POSCO International has picked promising mining areas by checking seismic waves and drilling data. The company will hold an 80 percent stake, along with the right to operate, while the remainder will be controlled by Petronas’ subsidiary, Petronas Carigali Sdn Bhd, a subsidiary of the Malaysian state company.
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oil and gas | Tagged: PCSB, Petronas, PM524, POSCO |
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Posted by Wata
September 2, 2021
Dateline 2021-08-09, The Maritime Executive:
The development of the first complete Carbon Capture and Storage (CCS) project, offshore Malaysia, is getting underway for the oil and gas company Petronas. The conceptual engineering design contract for the project was awarded to the global energy consultancy Xodus.
The Kasawari CCS project, off the coast of Sarawak, will comprise the capture and processing of carbon dioxide (CO2) from the sour gas field development, which will then be injected in a depleted gas field. This project is a key element of PETRONAS’ aspiration of achieving net-zero carbon emissions by 2050.
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oil and gas | Tagged: CCS, Kasawari, Petronas, Sarawak |
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Posted by Wata
September 1, 2021
Dateline 2021-08-09, Water Power (like Nitendo Power, but betterer)
Sarawak Energy has reinforced its commitment towards sustainable hydropower development and management by expanding its pool of internationally trained in-house Hydropower Sustainability Assessment Protocol (HSAP)/Hydropower Environmental, Social and Governance (HESG) assessors accredited by International Hydropower Association (IHA).
The all-Sarawakian team now includes 11 IHA Provisional Accredited Assessors and 18 IHA Certified Users who will be responsible for assessing and improving the sustainability performance of Sarawak Energy’s hydropower projects and plants. The Provisional Accredited Assessors (PAAs) will also be involved in sustainability assessments for international projects undertaken by other developers under the supervision of an International Hydropower Association (IHA) Lead Assessor. To date, two of the PAAs have been involved in an official HSAP/HESG assessment for a hydropower plant in operation in Indonesia.
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Renewable Energy | Tagged: HESG, HSAP, IHA, Sarawak energy |
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Posted by Wata
August 31, 2021
Risk Transfer Incentive Contract, wot?
Dateline 2021-08-09, Malaysian Reserve:
Uzma Bhd through its wholly-owned subsidiary Uzma Engineering Sdn. Bhd. secured a Work Order Award from PETRONAS Carigali Sdn. Bhd. for the Provision of a Risk Transfer Incentive Contract (RTIC) for Idle Wells Reactivation and Production Enhancement Services for Sabah assets.
In a statement today the company said the contract duration is for three years beginning 13 July 2021 and ending on 12 July 2024 with an estimated contract value of RM29 mil.
The job scope of the contract involves deploying well intervention services to perform idle well reactivation activities at Offshore Sabah.
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oil and gas | Tagged: Sabah, Uzma |
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Posted by Wata
August 11, 2021
Dateline 2021-08-XX, Channel News Asia:
One of the most ambitious projects of Petronas, Malaysia’s national oil company, will soon be fully operational.
The Pengerang Integrated Complex (PIC), in the southern state of Johor, is poised to transform the country’s footprint in oil refining and petrochemical production. Spread across 2,550 ha and the result of a US$27 billion investment in partnership with Saudi Aramco, PIC will house a new site of downstream oil operations. However, at a time when the world is increasingly stressing the importance of green development and phasing out fossil fuels, are Malaysia and Petronas making the right bet?
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investment | Tagged: Pengerang |
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Posted by Wata
August 10, 2021
Dateline 2021-08-01, Upstream:
A Sarawak lawmaker has reportedly blamed national oil company Petronas for a new coronavirus outbreak in the state’s oil and gas town Bintulu in Malaysia.
Bintulu Member of Parliament Tiong King Sing claimed that the potentially fatal Covid-19 was found in many of those on board the Grade One Manjung 7 (GOM 7), a Malaysia-flagged anchor handling vessel that had been working for Petronas.
The vessel had entered Bintulu port in Sarawak, East Malaysia in early July.
Tiong alleged that the GOM 7 had failed to carry out the compulsory 14-day vessel quarantine upon arrival as stipulated by the State Disaster Management Committee (JPBN) and had also allowed workers to disembark or others to board during that fortnight.
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oil and gas | Tagged: bintulu, Petronas, Sarawak |
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Posted by Wata
August 9, 2021
Dateline 2021-07-30, Upstream:
Petrofac has brought on stream its East Cendor oilfield on Block PM 304 offshore Peninsular Malaysia.
East Cendor is the fourth field to be exploited on the block, following Cendor, West Desaru and Irama.
The project comprises the development of a single new wellhead platform (WHP) and installation of a new 6.3-kilometre pipeline linking the field to the existing floating production, storage and offloading vessel Cendor.
Output from East Cendor is expected to peak at more than 7000 barrels per day of oil, which will further extend the economic life of Block PM 304.
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oil and gas | Tagged: East Cendor, Irama, PM304, West Desaru |
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Posted by Wata