Cover Story: Petronas seeks to clear the air

May 24, 2022

And PETRONAS will give lip service, no? I don’t see rates going up.

Dateline 2022-04-28, The Edge:

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While most of the news was positive, there were also allegations made by the Malaysian Oil & Gas Services Council (MOGSC) and Malaysia OSV Owners’ Association (MOSVA) that Petronas had been squeezing them to cut corners and, as a result, the national oil company generated huge profits at the expense of O&G players.

Both MOGSC and MOSVA wrote to Petronas in February, stating their grouses. The Edge, which was given a copy of their letters, ran a story on the issues raised by the two organisations last month.

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Double cover: Petronas seeks to clear the air over allegations it faces; SC’s baffling move to compound Serba Dinamik’s top execs

May 13, 2022

Dateline 2022-004-16, The Edge:

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However, it has come to light that the Malaysia Oil & Gas Services Council (MOGSC) and the Malaysia OSV Association have written to Petronas to air their grouses, chiefly to suggest that Petronas was raking in billions at the expense of the O&G players’ margins. According to MOGSC, Petronas had in 2015 sought their assistance and renegotiated contracts, which is eating into their members’ profits.

There was also a claim that Petronas had been slow in disbursing Covid-19 claims that ran into the hundreds of millions to industry players, leaving them without adequate cash flow.

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Keep Sapura’s huge oil reserves out of foreign hands, says Najib

May 9, 2022

Yeah, gomen, listen to your Glorious Leader. Maybe MOGEC or MOGSC should take over ownership. Or MTEM.

Dateline 2021-04-02, FMT:

Former prime minister Najib Razak insists that the government offer a loan guarantee to Sapura Energy Bhd in order to save its oil reserves from falling into foreign hands before its full potential can be realised.

He said the company’s subsidiary, Sapura OMV, owned oil and gas reserves of 264 million barrels with a gross value of RM110.8 billion.

If the subsidiary is put up for sale, as is being speculated, Sapura’s joint venture partner OMV of Austria, would likely be the first choice buyer as it already holds a 50% stake in Sapura OMV with the remaining 50% held by Sapura Energy.

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O&G services players seek clarity on energy future

May 10, 2021

Dateline 2021-04-06, Malaysian Reserve:

PLAYERS in the oil and gas (O&G) services sector are still figuring out the direction of the country’s energy transition plan, which could guide the industry towards a more synergistic process in charting the course for a zero-carbon future in tandem with the global trend.

Malaysian Oil and Gas Services Council (MOGSC) president Sharifah Zaida Nurlisha Syed Ibrahim said more clarity on the issue could be furnished by major players in the field, along with other relevant stakeholders.

She said local O&G services companies are committed to finding and delivering the best solutions for the industry according to the country’s aspiration of future energy production and consumption.

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Associations engage Petronas to safeguard industry’s future

June 12, 2020

And the didn’t invite MOGEC. Where art thou?

Dateline 2020-05-21, NST:

Three associations representing the interests of the Malaysian oil and gas industry recently revealed they had engaged with Petronas to mitigate and address the current dire situation and circumstances affecting the industry.

Brought about by an unprecedented downturn due to the geopolitics of big oil producing countries, which has been amplified by the threat and spread of the Covid-19 pandemic, the associations — The Malaysian Oil & Gas Services Council (MOGSC), Malaysia Offshore Support Vessels (OSV) Owners’ Association (MOSVA), and the Malaysian Offshore Contractors Association (MOCA) — had a video conference meeting with the top leadership of Petronas last month.

During the meeting, the three associations representing over 500 companies and a workforce of 60,000, shared with Petronas the state of the industry and the challenges the companies were facing.

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MOGSEC 2018-09

September 4, 2018

I”ve been asked to spread the word. Please register soonish, so as you don’t have to line up like the other muggles.

We are looking for exhibitors as well. Give your bosses the 2016 post show report, the brochures for the Sabah and Sarawak Pavilions, SME Pavillion, and most importantly, the forms to book space and sweet sponsorship deals. IGL clients, I am looking at you.

Do come and spend some money. Please.

MOGSEC 2018 Sabah Sarawak Pavilions Application for Space
MOGSEC 2018 SME Pavillion Application for Space
MOGSEC 2018 Application for Space
MOGSEC 2018 Sponsorship Flyer
MOGSEC 2016 Post Show Report
MOGSEC 2018 Brochure

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No oil in Penang waters, says exco

June 30, 2017

And a follow on from a previous article. And MOGSC gets pulled in.

Dateline 2017-05-25, FMT:

There is no oil in Penang waters, an exco man told the state assembly today, following a DAP rep’s suggestion to halt reclamation and rely on possible oil reserves in the state’s waters for revenue.

Chow Kon Yeow (DAP-Padang Kota) said based on data from a petroleum industry study, there was no oil discovered in the waters of Penang.

Pointing out to an “Oil & Gas Map – Malaysia”, released during a petroleum industry convention in Kuala Lumpur in 2009, he said most of the oil was discovered on the east coast of Malaysia.

“Based on the National Oil and Gas Industries Body 2009 report published by the Malaysian Oil and Gas Services Council, there is no oil in Penang waters,” Chow said in winding up his debate of thanks to the governor’s address today.

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Marketing Rounds – MOGSEC 2016

November 16, 2016

Apart from a massive Pikachu spawn in the halls, I didn’t get to see much of the exhibition.

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MOGSEC offers good platform for O&G firms to showcase products, services

November 10, 2016

If you parse the sentence incorrectly, you wonder why Sharifah is called the First Lady. Is her husband Mr. President now?

Dateline 2016-09-29, NST:

Since it was first held in 2012, the Malaysian Oil and Gas Services Exhibition and Conference (MOGSEC) has become a prominent showcase for the local oil and gas (O&G) industry.

Jointly organised by Malaysian Oil and Gas Services Council (MOGSC) and Malaysian Exhibition Services Sdn Bhd, the third edition of the exhibition this year promises another excellent platform for local products and services providers to showcase their capabilities.

The event will also demonstrate the country’s strategic position as a hub for O&G services.

MOGSC first lady president Sharifah Zaida Nurlisha said MOGSEC 2016 is an excellent platform for those in the industry to update themselves on technological front as it will showcase local and home-based expertise, products and services from service providers in the oil, gas and energy industries.

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Marketing Rounds – MOGSC CORAL 2.0 Tech Standards and Late Life

September 9, 2015

I was honoured to be one of the facilitators for the day. Though, time will tell if they invite me back.

IMG_20150702_091452_HDR-001 IMG_20150702_091421_HDR-001 IMG_20150702_110631_HDR-001

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