Ah, the new signage for the Terengganu Crude Oil Terminal (TCOT) and Onshore Slug Catcher (OSC) are up.
Nostalgia – TCOT and OSC, Kerteh
July 13, 2008
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engineering, Malaysia, oil and gas | Tagged: Kerteh, KIPP, OSC, Paka, TCOT | 
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Posted by Wata
TCOT – Officially handed over to PCSB
July 5, 2008Okay, sue me for repeating a previous article.
To quote an extract from a notice I saw:
Today, July 1, 2008, the operatorship of the Terengganu Crude Oil Terminal, Onshore Slugcatcher and condensate facilities was officially handed over to PETRONAS Carigali. The transfer of operatorship of these onshore facilities to PETRONAS Carigali is part of the terms of the Main Principles Agreement of the 2008 PSC that was signed by ExxonMobil, PETRONAS and PETRONAS Carigali last March 26.
Go visit Kerteh and visit the sites.
Leave a Comment » | Malaysia, oil and gas | Tagged: Kerteh, Kertih, OSC, PCSB, Petronas, TCOT | Permalink
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ExxonMobil – extension of PSCs
April 3, 2008I earlier reported that TCOT / OSC were being handed over to PCSB. Now I can note that ExxonMobil Exploration and Production Malaysia Inc’s (EMEPMI) Production Sharing Contracts (PSC) were extended.
At 3:00 p.m. on Wednesday, March 26, EMEPMI signed with PETRONAS and PETRONAS Carigali the Main Principles Agreement that will lead to the execution of a new Production Sharing Contract (PSC).
In summary, the new PSC will enable EMEPMI to continue production of the existing reserves in the seven fields currently under the 1995 PSC until 2033. It will also be pursuing additional oil development and will have the opportunity to pursue Enhanced Oil Recovery (EOR) activities.
As part of the arrangement, EMEPMI will retain operatorship of all the existing offshore fields, and will extend this to 2033. Operatorship of the onshore assets, and in particular the Terengganu Crude Oil Terminal (TCOT), will be transferred earlier than initially planned, and will be accelerated from 2012 to no later than June 2009 along with the gas and condensate facilities (i.e. OSC). This transfer is strategic to PETRONAS due to national interest considerations.
Other aspects of EMEPM’s current onshore operations at Kemaman Supply Base will
remain as is.
9 Comments | business opportunity, engineering, Malaysia, oil and gas | Tagged: EMEPMI, EOR, KSB, OSC, PCSB, Petronas, psc, TCOT | Permalink
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Deadly Industrial Area – Kertih
March 29, 2008I was working at the Onshore Slug Catcher (OSC) yesterday, performing tasks related to custody measurement. At about 3 o’clock, word came down that there was a accident in front of the Terengganu Crude Oil Terminal (TCOT). From secondhand information, it seems that a Proton was turning right into the TCOT offroad to perform a U-turn. A Sorento attempted to overtake the Proton at the same moment it was turning in.
The above scenario ended up with the Sorento taking a barrel roll, producing 6 victims. I saw the cars being towed in the direction of Paka at 7 pm. The Proton looked as it had been side swipped, whereas the Sorento had one side crushed in.
The Kawasan Industri Petroliam PETRONAS (KIPP) in front of the TCOT is undergoing extensive roadwork. The traffic flow also changes frequently, as they upgrade the road from two to four lanes. Traffic is fast, taking advantage of the already upgraded section. All this adds up to a dangerous and deadly situation.
I hope that authorities (not sure whether that is PETRONAS or the local Terengganu council) improve the situation, providing better traffic control, and finish the road upgrade soon.
1 Comment | Malaysia | Tagged: accident, OSC, Petronas, TCOT | Permalink
Posted by Wata
It’s official – TCOT handover from Exxon to PCSB
March 26, 2008On Tues, 25th March, 2008, the staff at Terengganu Crude Oil Terminal (TCOT) were informed that TCOT and the Onshore Slug Catcher (OSC) will be changing operatorship. By 1st quarter 2009, PETRONAS Carigali Sdn Bhd (PCSB) will be operating TCOT and OSC. ExxonMobil Exploration and Production Malaysia Inc. (EMEPMI) staff currently working at the two locations will be offered a voluntary separation scheme (VSS).
TCOT and OSC are located in the picturesque town of Kertih, Terengganu, Malaysia. TCOT is the terminal for all the offshore oil pipelines, whereas OSC, together with the PCSB operated Onshore Gas Terminal (OGT) are the collection points for offshore gas.
Carigali will send a handover team over on 1st April 2008, with the intention to be ready for full transfer of operatorship by 31st August, 2008.
11 Comments | engineering, Malaysia, oil and gas | Tagged: crude, EMEPMI, gas, Kerteh, Kertih, OGT, OSC, PCSB, Petronas, TCOT, terengganu, terminal | Permalink
Posted by Wata
Wata - Malaysian Oil and Gas Engineer 