Congratulations to I-Cell, UKM.
IEM / UPM – Chem-E-Car 2014
May 28, 2014
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Chemical, Malaysia | Tagged: CETD, ChemECar, IEM, UPM | 
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Posted by Wata
IEM Shout Out – Technical Visit To Aker Solutions Malaysia Sdn Bhd (Subsea Products And Services)
May 28, 2014This is a shout out for the IEM. My technical division will be hosting a trip to the Aker Solutions Malaysia Sdn Bhd (Subsea Products And Services) on the Wed 18th June, 2014. You will be anointed with 3 CPD / PDP hours.
Aker Solutions is a global provider of products, systems and services to the oil and gas industry. Their engineering, design and technology bring discoveries into production and maximize recovery from each petroleum field. They employ approximately 28,000 people in about 30 countries.Aker Solutions portfolio of oilfield products, systems and services, stretches all the way from the reservoir to the wellstream processing systems generating marketable and valuable hydrocarbon products. Their target is to deliver the best.
Each product, system and service competes on a standalone basis in the market but with their broad portfolio and experience, they understand the challenges and apply the knowledge to create optimal solutions. Aker Solutions ASA is the parent company in the group, which consists of a number of separate legal entities. Aker Solutions is used as the common brand and trademark for most of these entities. In 2012 Aker Solutions had aggregated annual revenues of approximately NOK 45 billion. The company is listed on the Oslo Stock Exchange.
Leave a Comment » | engineering, oil and gas | Tagged: Aker, IEM, OGMTD | Permalink
Posted by Wata
IEM Shout Out – 1 Day Seminar on The Application of Engineering Finance Methodology in Structuring A (Long-Term) Financially Sustainable Project
May 21, 2014This is a shout out for the IEM. My Technical Division will hosting the above seminar on the 5th June, 2014. by Ir. Prof. Madya Dr Maulud Abdul Latif.
Learn how to (re)structure projects to ensure sustainability using the Engineering Finance(c) methodology and its tool called Techno-Financial Model(c) (TFM). The seminar aims to inculcate cost consciousness amongst directors and senior and middle management facing heavy responsibilities in a borderless and globalised world and to expose them to the many uses of Techno-Financial Model in considering different Technology or Product options that could optimise returns.
Engineering Finance can be described as the ‘bridge’ that bridges the gap between “Engineering” and “Finance” to structure a cost-efficient project design/plan that is financially viable. This Engineering Finance methodology could also be used to evaluate the impact of “Technology” and “Product” changes on the IRR, i.e. financial viability. It can also be used to identify the project’s Critical Component (CCA) that could undermine the viability of the project. This TFM can also be used to prepare construction budget and O&M (post construction) budget.
Update with new terminologies in Engineering Finance e.g. Cost Efficiency Model, Economic Efficiency, Techno-Financial Model etc. Case studies from Biomass Power Plant to Biodiesel Plant to Mining and Property development.
The course will delve on:
- Understand the concept of Engineering Finance as a ‘bridge’ to develop a proper mindset for creating financial models.
- Understand common definition & terminologies used in Engineering Finance e.g. Critical Components Analysis (CCA) etc.
- Learn new Engineering Finance methodologies e.g. Techno-Financial Modelling (TFM), Cost Efficiency Model (CEM), Economic Efficiency (EE) and Product-Technology Option Matrix.
- Understanding thoroughly key criteria used to assess project viability such as Project IRR, Equity IRR, ROE, ROI, etc.
- Understand the importance of corporate structure in structuring the financial model.
- Know the types of project funding available, their difficulties and obligations.
- Learn how to conduct a full feasibility study using Engineering Finance Project Implementation Flow Chart. Definition and concept of Engineering Finance.
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.
Leave a Comment » | engineering, Malaysia, oil and gas | Tagged: engineering finance, IEM, Maulud, OGMTD | Permalink
Posted by Wata
IEM Shout Out – 1 Day Seminar on Construction Blasting: Current Issues
May 20, 2014This is a shout out for the IEM. My Technical Division will hosting the above seminar on Wednesday the 4th June, 2014 by Ir. Tony Chew, Juna Azleen bin Abdul Ghani, Ir. Look Keman Sahari.
As a result of fast pace development housing, business centres, factories etc are being built near existing structures. Development within city areas for examples requires firm foundation below the surface where underground space are also used as car parks, LRT stations, bus station etc. Excavation of underground space requires the removal of soil and also rocks. In both Selangor and Penang Island the need for building new houses for expanding population requires the cutting and levelling of hilly areas. All these require the use of explosives.
Blasting of rock using explosives near existing structures especially where people live requires special expertise which ordinary shotfirers and even blasting engineers do not learn even in universities. Experience and guide from experienced engineers are needed to ensure successful and safe blasting work.
This one day seminar will discuss the current Regulatory requirements, procedures and also the need for proper competence persons to ensure the safety of the blasting work at construction sites. Standards that are being used as references will also be discussed. Current methodology being practiced will also be shown and case studies from previous project locally and overseas will also be referred.
Not forgetting, the peril of blasting work may result in incidents such as flyrock issues which had caused property damages and sometimes can be fatal. These incidents may result in long work stoppages. Techniques being applied to mitigate flyrock issues and also other environmental issues will be presented. The alternatives means of breaking rocks will also be discussed.
Leave a Comment » | engineering, Malaysia, oil and gas | Tagged: blasing, IEM, jmg, mining | Permalink
Posted by Wata
IEM Shout Out – Talk on Four Strategies to Improve Product Quality of Dehydrated Fruits
May 15, 2014This is a shout out for the IEM. My Technical Division will be having a talk on Thursday 22nd May, 2014. It’ll be at 5:30 pm (makan-makan at 5.00pm) at Wisma IEM.
Consumers are health conscious and seeking for healthier natural foodstuffs in order to have a nutritious diet, and this lead to the increase of dietary intake of fruit. Fresh fruit contains vitamins, minerals and high amount of water. However, it has a short shelf life due to biochemical changes. In engineering perspective, postharvest processing of excessive fresh fruit, such as drying is widely used. What kind of drying method to be used? What are the key factors necessary to produce high quality dehydrated fruits? This talk aim to share how to minimise changes in physical appearance, colour as well as bioactivity attributes such as total polyphenol contents and antioxidant capacity of dehydrated fruits.
The above will be presented by Engr Dr Chong. Engr Dr Chong is the Associate Dean (Learning and Quality) for the School of Engineering at Taylor’s University. He holds a PhD in Engineering, a Chartered Engineer of the Engineering Council, UK, Graduate Member of Institute of Engineers Malaysia (IEM), Graduate Member of Board of Engineers Malaysia (BEM), Member of Institution of Chemical Engineers (IChemE), UK and Member of Institution of Engineering Technology (IET), UK. He is one of the CDIOTM leaders in Asia Region. His academic research interest is in the area of drying technology, energy, health and engineering education. He published more than 40 international journals, conferences papers, technical bulletin/proceedings and a book chapter for the past 7 years. Recently, he published a paper in Food Chemistry with a viewing and downloading record of 197 within a month.
Leave a Comment » | Chemical, engineering, Malaysia, oil and gas | Tagged: CETD, fruits, IEM | Permalink
Posted by Wata
IEM Shout Out – Talk on Engineering Finance Made Easy For Engineers
May 14, 2014This is a shout out for the IEM. My Technical Division will be having a talk on Saturday 17th May, 2014. It’ll be at 9:00 am (makan-makan at 8.30) at Wisma IEM.
The talk will be an introduction on how to (re)structure projects to ensure sustainability using the Engineering Finance(c) methodology and its tool called Techno-Financial Model(c). It is also to inculcate cost consciousness amongst directors and senior and middle management facing heavy responsibilities in a borderless and globalised world and to expose them to the many uses of Techno-Financial Model (TFM) in considering different Technology or Product options that could optimise returns.
The above will be presented by Ir. Prof. Madya Dr. Maulud Abdul Latif. Ir. Prof. Madya obtained his Engineering Doctorate (EngD) in Engineering Finance from UTM/University of Warwick. He also holds an MBA Finance from the University of Queensland Business School, a B. Sc. (Hons) in Mining Engineering from the University of Wales and a Diploma in Mechanical Eng. from Universiti Teknologi Malaysia. In addition, he holds the Dredgemaster Certificate of Competency and is a member of the Board of Engineers, Malaysia, Institution of Engineers, Malaysia and the Institute of Mineral Engineers. You can register here and download the flyer here.
Leave a Comment » | Chemical, engineering, Malaysia, oil and gas | Tagged: engineering finance, IEM, OGMTD | Permalink
Posted by Wata
IEM Shout Out – 1 Day Seminar on The Application of Engineering Finance Methodology in Structuring A (Long-Term) Financially Sustainable Project
May 14, 2014This is a shout out for the IEM. My Technical Division will hosting the above seminar on the 5th June, 2014. by Ir. Prof. Madya Dr Maulud Abdul Latif.
Learn how to (re)structure projects to ensure sustainability using the Engineering Finance(c) methodology and its tool called Techno-Financial Model(c) (TFM). The seminar aims to inculcate cost consciousness amongst directors and senior and middle management facing heavy responsibilities in a borderless and globalised world and to expose them to the many uses of Techno-Financial Model in considering different Technology or Product options that could optimise returns.
Engineering Finance can be described as the ‘bridge’ that bridges the gap between “Engineering” and “Finance” to structure a cost-efficient project design/plan that is financially viable. This Engineering Finance methodology could also be used to evaluate the impact of “Technology” and “Product” changes on the IRR, i.e. financial viability. It can also be used to identify the project’s Critical Component (CCA) that could undermine the viability of the project. This TFM can also be used to prepare construction budget and O&M (post construction) budget.
Update with new terminologies in Engineering Finance e.g. Cost Efficiency Model, Economic Efficiency, Techno-Financial Model etc. Case studies from Biomass Power Plant to Biodiesel Plant to Mining and Property development.
The course will delve on:
- Understand the concept of Engineering Finance as a ‘bridge’ to develop a proper mindset for creating financial models.
- Understand common definition & terminologies used in Engineering Finance e.g. Critical Components Analysis (CCA) etc.
- Learn new Engineering Finance methodologies e.g. Techno-Financial Modelling (TFM), Cost Efficiency Model (CEM), Economic Efficiency (EE) and Product-Technology Option Matrix.
- Understanding thoroughly key criteria used to assess project viability such as Project IRR, Equity IRR, ROE, ROI, etc.
- Understand the importance of corporate structure in structuring the financial model.
- Know the types of project funding available, their difficulties and obligations.
- Learn how to conduct a full feasibility study using Engineering Finance Project Implementation Flow Chart. Definition and concept of Engineering Finance.
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.
Leave a Comment » | engineering, Malaysia, oil and gas | Tagged: engineering finance, IEM, Maulud, OGMTD | Permalink
Posted by Wata
IEM Shout Out – 1 Day Seminar on Construction Blasting: Current Issues
May 13, 2014This is a shout out for the IEM. My Technical Division will hosting the above seminar on Wednesday the 4th June, 2014 by Ir. Tony Chew, Juna Azleen bin Abdul Ghani, Ir. Look Keman Sahari.
As a result of fast pace development housing, business centres, factories etc are being built near existing structures. Development within city areas for examples requires firm foundation below the surface where underground space are also used as car parks, LRT stations, bus station etc. Excavation of underground space requires the removal of soil and also rocks. In both Selangor and Penang Island the need for building new houses for expanding population requires the cutting and levelling of hilly areas. All these require the use of explosives.
Blasting of rock using explosives near existing structures especially where people live requires special expertise which ordinary shotfirers and even blasting engineers do not learn even in universities. Experience and guide from experienced engineers are needed to ensure successful and safe blasting work.
This one day seminar will discuss the current Regulatory requirements, procedures and also the need for proper competence persons to ensure the safety of the blasting work at construction sites. Standards that are being used as references will also be discussed. Current methodology being practiced will also be shown and case studies from previous project locally and overseas will also be referred.
Not forgetting, the peril of blasting work may result in incidents such as flyrock issues which had caused property damages and sometimes can be fatal. These incidents may result in long work stoppages. Techniques being applied to mitigate flyrock issues and also other environmental issues will be presented. The alternatives means of breaking rocks will also be discussed.
Leave a Comment » | engineering, Malaysia, oil and gas | Tagged: blasing, IEM, jmg, mining | Permalink
Posted by Wata
IEM Shout Out – Talk on Four Strategies to Improve Product Quality of Dehydrated Fruits
May 8, 2014This is a shout out for the IEM. My Technical Division will be having a talk on Thursday 22nd May, 2014. It’ll be at 5:30 pm (makan-makan at 5.00pm) at Wisma IEM.
Consumers are health conscious and seeking for healthier natural foodstuffs in order to have a nutritious diet, and this lead to the increase of dietary intake of fruit. Fresh fruit contains vitamins, minerals and high amount of water. However, it has a short shelf life due to biochemical changes. In engineering perspective, postharvest processing of excessive fresh fruit, such as drying is widely used. What kind of drying method to be used? What are the key factors necessary to produce high quality dehydrated fruits? This talk aim to share how to minimise changes in physical appearance, colour as well as bioactivity attributes such as total polyphenol contents and antioxidant capacity of dehydrated fruits.
The above will be presented by Engr Dr Chong. Engr Dr Chong is the Associate Dean (Learning and Quality) for the School of Engineering at Taylor’s University. He holds a PhD in Engineering, a Chartered Engineer of the Engineering Council, UK, Graduate Member of Institute of Engineers Malaysia (IEM), Graduate Member of Board of Engineers Malaysia (BEM), Member of Institution of Chemical Engineers (IChemE), UK and Member of Institution of Engineering Technology (IET), UK. He is one of the CDIOTM leaders in Asia Region. His academic research interest is in the area of drying technology, energy, health and engineering education. He published more than 40 international journals, conferences papers, technical bulletin/proceedings and a book chapter for the past 7 years. Recently, he published a paper in Food Chemistry with a viewing and downloading record of 197 within a month.
Leave a Comment » | Chemical, engineering, Malaysia, oil and gas | Tagged: CETD, fruits, IEM | Permalink
Posted by Wata
IEM Shout Out – Talk on Engineering Finance Made Easy For Engineers
May 7, 2014This is a shout out for the IEM. My Technical Division will be having a talk on Saturday 17th May, 2014. It’ll be at 9:00 am (makan-makan at 8.30) at Wisma IEM.
The talk will be an introduction on how to (re)structure projects to ensure sustainability using the Engineering Finance(c) methodology and its tool called Techno-Financial Model(c). It is also to inculcate cost consciousness amongst directors and senior and middle management facing heavy responsibilities in a borderless and globalised world and to expose them to the many uses of Techno-Financial Model (TFM) in considering different Technology or Product options that could optimise returns.
The above will be presented by Ir. Prof. Madya Dr. Maulud Abdul Latif. Ir. Prof. Madya obtained his Engineering Doctorate (EngD) in Engineering Finance from UTM/University of Warwick. He also holds an MBA Finance from the University of Queensland Business School, a B. Sc. (Hons) in Mining Engineering from the University of Wales and a Diploma in Mechanical Eng. from Universiti Teknologi Malaysia. In addition, he holds the Dredgemaster Certificate of Competency and is a member of the Board of Engineers, Malaysia, Institution of Engineers, Malaysia and the Institute of Mineral Engineers.
Leave a Comment » | Chemical, engineering, Malaysia, oil and gas | Tagged: engineering finance, IEM, OGMTD | Permalink
Posted by Wata
Wata - Malaysian Oil and Gas Engineer 