One of Malaysia’s largest gas pipelines and Punj Lloyd’s largest EPCC Pipeline Project – Sabah Sarawak Gas Pipeline of Petronas sees financial closure

August 31, 2017

Dateline 2017-08-04, Equitybulls:

Undulating mountains, dense rainforests and unrelenting weather, nothing deterred Punj Lloyd from completing one of the largest pipelines of Malaysia. Worth US$822 million, the prestigious contract for the construction of the 512 km, 36 inch dia pipeline was awarded to Punj Lloyd by Petronas for transporting gas from the Sabah Oil and Gas Terminal to the Petronas LNG Complex at Bintulu, Sarawak. July 2017 saw the challenging project achieve financial closure.

 


State to tap marginal oilfields

April 11, 2017

Dateline 2017-04-01, Borneo Post:

Turning Bintulu into a gas hub, continuing to exploit small pool reserves and enhancing local participation in both upstream and downstream activities are among the key focus areas to boost Sarawak’s position in the oil and gas sector.

In highlighting this, Chief Minister Datuk Amar Abang Johari Tun Openg said these measures were on top of the government’s persistent push for 20 per cent oil royalty from the federal government and Petronas.

“Oil and gas resources are still available in Sarawak based on a seismic study showing that hydrocarbons are still found in certain exploited areas either in the form of oil or gas,” he pointed out.

As such, he informed that the state government had indicated to Petronas, Sarawak’s interest in continuing to tap into the marginal fields of oil and gas reserves in the state.

Abang Johari was addressing OceanMight Sdn Bhd’s safety achievement celebration for reaching one million man-hours without Loss Time Injury for the EPC Kinabalu Redevelopment Project which was held in its yard at KKB Engineering Bhd, Jalan Bako here.

Marginal fields known as ‘tekih tekih minyak’ by Sarawakians, according to Abang Johari, are small oil and gas reserves that have been exploited and which big oil companies like Shell or Petronas were not interested in tapping further.

 


Sarawak keen to turn Bintulu into gas industry hub

April 9, 2017

Dateline 2017-02-28, Malay Mail:

The Sarawak government is striving to turn Bintulu into a gas industry hub, says Chief Minister Datuk Amar Abang Johari Openg.

“We have brought up this (proposal) to the federal government (in our quest) to seek the cooperation of Petronas into making Bintulu a gas hub.

“If Pengerang (Johor) can become a refinery hub, we want Sarawak (Bintulu) to be the gas hub, and I have indicated this to Petronas,” he said.

He was speaking at the 1,000,000 Manhours Milestone Without Any Lost Time Injury for the EPC Kinabalu Re-Development Project Ceremony at Muara Tebas here today.

Abang Johari said the oil and gas industry should be centralised in Bintulu (in northern Sarawak) as its infrastructure and surroundings were feasible to cater to the industrial needs.

 


Now Petronas subsidiary is leaving Labuan

February 4, 2017

Dateline 2017-01-08, Daily Express:

A long-time big player in the oil and gas industry here – Petronas Carigali Sdn Bhd (PCSD) – has moved its operations to its own supply base at Bintulu Port, Sarawak, effective January 1.

A notice issued by the company advised its service providers and vendors that the delivery point for its materials would now be the East Logistics Command Centre (ELCC) at the Bintulu Port.

Industry sources reacting immediately to the latest development said it was certainly bad news for Labuan but good news for Sarawak which, not long ago, had acted firmly on Petronas to increase Sarawak’s opportunities in its employment.

PCSD had a strong presence here and had helped to raise the profile of the island as a significant oil and gas hub.

The company had been serving as an anchor tenant at the Asian Supply Base (ASB) which has often been described as a fully integrated logistics hub for oil and gas. ASB is a fully Sabah-owned entity and was established in 1985 when Tan Sri Harris Salleh was the Chief Minister of Sabah.


Malaysia’s Petronas says fire put out at LNG complex

August 31, 2016

Done and done.

Dateline 2016-07-30, Reuters:

Malaysia’s state-owned state oil firm Petroliam Nasional Bhd said on Saturday that a fire occurred at its liquefied natural gas (LNG) plant in the East Malaysian state of Sarawak.

The fire broke out at 0140 GMT at a transformer in the Bintulu LNG complex and was extinguished, a company statement said.

 


Petronas upstream operations in S’wak undergoing restructuring

July 23, 2016

Dateline 2016-06-14, Borneo Post:

Petronas upstream operations in Sarawak is undergoing a restructuring exercise to meet its business requirements, said state Industrial, Entrepreneur, Trade and Investment Minister Datuk Amar Awang Tengah Ali Hasan.

He said, in view of this, Petronas Carigali Sarawak operations had been split into two entities, namely Sarawak Oil Operations in Miri and Sarawak Gas operation in Bintulu.

“As a result of the restructuring exercise, 29 permanent positions were abolished due to redundancy, of which 13 Sarawakians are affected. All those affected are offered Voluntary Separation Package (VSP),” said Awang Tengah in his winding up speech at the state legislative assembly sitting here today.

He said in spite of the restructuring exercise the expansion of Sarawak Gas operations had created 251 new positions in Bintulu.

In addition, he said there were also 134 new positions created for train nine operations and another 234 new positions for floating LNG Satu.

 


Petronas to expand LNG complex, says report

January 17, 2016

What the heck is Big P?

Dateline 2015-12-09, Borneo Post:

Petroliam Nasional Bhd (Petronas) has plans to raise sour gas output and expand capacity at its Bintulu liquefied natural gas (LNG) complex in Sarawak, according to Singapore’s The Business Times yesterday.

Business Times, quoting a Petronas executive as saying Petronas had developed gas fields with 35 per cent to 45 per cent carbon dioxide content and was looking to go beyond the 50 percent mark.

According to the report, Wood Group is said to have secured an engineering-studies contract involving the development concept for new Bintulu Integrated Gas Project.

“The Bintulu Integrated Gas Project Big P is understood to involve the construction of new onshore receiving facilities (ORF) in Sarawak as well as new onshore and offshore pipelines.