(postponed) IEM Shout Out – 1 Day Seminar on The Application of Engineering Finance Methodology in Structuring A (Long-Term) Financially Sustainable Project

June 2, 2013

This is a shout out for the IEM. My Technical Division will hosting the above seminar on the 18th June, 2103.

The primary objectives of Engineering Finance are to Create Cost Conscious Global Professionals. Engineering Finance is a sub-set of Engineering using financial methodology to ensure the long-term viability and sustainability of a project.

The course will delve on:

  • Definition and concept of Engineering Finance.
  • Fundamental principles of the engineering finance methodology e.g. “Bridging” of “Engineering” with “Finance”, MAL Cost Efficiency Model, Economic Efficiency vs. Engineering Efficiency, Critical Component Analysis etc.
  • Applications of Engineering Finance – using actual cases to illustrate the uses of EF methodology in market positioning, product-technology option matrix etc.

The seminar will be led by Ir. Prof. Madya Dr Maulud Abdul Latif. He obtained his Engineering Doctorate (EngD) in Engineering Finance at the UTM/University of Warwick. He also holds an MBA Finance from the University of Queensland Business School, a B. Sc. (Hons) Mining Engineering from the University of Wales and a Diploma in Mechanical Eng. from Universiti Technologi Malaysia. In addition, he holds the Dredgemaster Certificate of Competency and is a member of the Board of Professional Engineers, Institute of Engineers and Institute of Mineral Engineers.

You can register here. Fliers may be obtained here.


Shout Out – One-Day Seminar On Drilling Engineering

April 10, 2012

This is a shout out for the IEM. My Technical Division will be  hosting a seminar on the 10th May, 2012. It’ll start at 9:00 and is worth 7 CPD hours.

Drilling Engineering Overview shall present the audience with the knowledge and arts of drilling wells, especially in Malaysia. It shall be presented in a way that is comprehensible to the engineers who are with or without the oil and gas background. The objectives of the seminar are to provide exposure to audiences on the drilling practices and issues as well as to familiarize the audience with an appreciation of a Drilling Engineer’s work scope.

Ir. (you gotta stress the Ir.) Razak Yakob has been in the oil and gas industry for 16 years working for companies such as ExxonMobil, Halliburton, and Talisman Energy. His core expertise is in Drilling Engineering but the working experience spans from development and exploration, technical support, training, finance and consultation, As a consultant, he has worked in countries such as China, India, Indonesia, Thailand, Algeria and others. Currently, he is an independent consultant providing consultancy services for Drilling Engineering at PETRONAS Carigali Sdn Bhd. He was a graduate of Colorado School of Mines in the United States with a degree majoring in Petroleum Engineering and a minor in Mechanical Design.

Register here or download the form here. A map to Wisma IEM is presented here.


Shout Out – One-Day Seminar On Drilling Engineering

March 27, 2012

This is a shout out for the IEM. My Technical Division will be  hosting a seminar on the 10th May, 2012. It’ll start at 9:00 and is worth 7 CPD hours.

Drilling Engineering Overview shall present the audience with the knowledge and arts of drilling wells, especially in Malaysia. It shall be presented in a way that is comprehensible to the engineers who are with or without the oil and gas background. The objectives of the seminar are to provide exposure to audiences on the drilling practices and issues as well as to familiarize the audience with an appreciation of a Drilling Engineer’s work scope.

Ir. (you gotta stress the Ir.) Razak Yakob has been in the oil and gas industry for 16 years working for companies such as ExxonMobil, Halliburton, and Talisman Energy. His core expertise is in Drilling Engineering but the working experience spans from development and exploration, technical support, training, finance and consultation, As a consultant, he has worked in countries such as China, India, Indonesia, Thailand, Algeria and others. Currently, he is an independent consultant providing consultancy services for Drilling Engineering at PETRONAS Carigali Sdn Bhd. He was a graduate of Colorado School of Mines in the United States with a degree majoring in Petroleum Engineering and a minor in Mechanical Design.

Register here or download the form here. A map to Wisma IEM is presented here.


IEM OGMTD – Drilling Seminar

August 20, 2009

The Oil, Gas and Mining Technical Division of the IEM hosted a one day ‘Drilling Engineering Overview’ seminar on August 5, 2009. It was conducted by Mr. Abdul Razak Yakob and held at the Wisma IEM, attracting 21 participants.

Razak started out with an icebreaking session with the participants, enquiring as to their backgrounds and what the participants wanted to get out of the course.

He then kicked off his seminar with an overall background to the topic. He described the differences between onshore and offshore drilling, and presented photos of various drilling rigs available in the market. He introduced the rig management structure, showing a slide summarizing the various personnel manning the drilling operations.

Razak then discussed the different mechanical parts that make up the drilling equipment, whether on the rig floor or the support peripherals. Among the different equipment that were described was the Christmas tree, drill bit, drilling fluids, casing and cementing. An introduction to interpretation of logging results formed a part of the seminar, giving the participants a taste of analyzing well data. To provide some feel as to the information technology involved in drilling, the software suites used for data management, engineering and facilities integration was shown.

He then moved on to describe the well life cycle stages, which is construction, implementation, analysis and improvement.

Razak introduced the participants to the economical side of the operations, showing some shocking numbers. He then scared the living daylights out of us by providing some insight into the hazards associated with drilling.

Directional drilling was the next topic of the day.

A quick overview of drilling analysis was provided.  Participants were reminded of their undergraduate statics courses, where force balances, and torque plays an important part of the analysis.

Casing design was touched upon. This section covered the types of casing integrated into a well, and design considerations.  The importance of a correct cement job was discussed, as well as the analytical tests  to ensure the cement has the correct properties for the job.

Last but not least was more detail into the drilling fluids, and the required properties for different types of jobs.

The participants were from a mix, covering well grounded engineers who wanted to network and share experiences, to water wellbore engineers looking to see how different types of drilling technologies may be applicable to similar circumstances. And it is always a delight to see Razak in full flow.


IEM Shout Out – Drilling Engineering Overview

July 27, 2009

This is a shout out for the IEM. My Technical Division will hosting the above seminar on the 5th August.

Drilling Engineering Overview shall present the audience with the knowledge and arts of drilling wells, especially in Malaysia. It shall be presented in a way that is comprehensible to the engineers who are with or without the oil and gas background. The objectives of the seminar are to provide exposure to audiences the drilling practices and issues as well as to assert the audience with an appreciation of a Drilling Engineer’s work scope.

The seminar will be led by En. Razak Yakob. He has been in the oil and gas industry for 13 years working for companies such as ExxonMobil, Halliburton, and Talisman Energy. As a consultant, he has worked in countries such as China, India, Indonesia, Thailand, Algeria and others.

Fliers for the above and other events may be obtained here.