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.
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2 Comments | 
Malaysia, oil and gas | Tagged: bintulu, Labuan, PCSB, Petronas | 
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Posted by Wata
November 25, 2016
And that settles my thoughts as to when Hibiscus was going to spend its money, and who would want to buy the Shell Sabah blocks.
Dateline 2016-10-12, The Star:
Shell has reached an agreement to sell its 50% equity interest in the 2011 North Sabah enhanced oil recovery (EOR) production sharing contract (PSC) to Hibiscus Petroleum Bhd’s indirect unit SEA Hibiscus Sdn Bhd for US$25mil (RM104.8mil).
The amount excludes post completion adjustments and reimbursements to Shell.
Currently, Sabah Shell Petroleum Co (25%) is the operator, partnering with Shell Sabah Selatan (25%) and Petronas Carigali Sdn Bhd (50%) in the PSC, which includes the Labuan Crude Oil Terminal, and the fields of St Joseph, South Furious, SF30 and Barton, all located offshore Sabah.
Total oil production (on a 100% PSC basis) averaged 18 kilobarrels (kbbls) per day last year, according to statements from Shell and Hibiscus.
Leave a Comment » | investment, Malaysia, oil and gas | Tagged: EOR, Hibiscus, North Sabah, PCSB, Shell, SSPC | Permalink
Posted by Wata
August 3, 2016
Dateline 2016-06-25, NST:
Malaysia’s first Tension Leg Platform (TLP), which was completed in April, is a result of a collaboration among major oil players — a signal that joint efforts are needed to remain sustainable during the “lower for longer” period. The Malikai deep-water platform was designed and built and will be operated by Malaysians. It was completed on time after 23 million man-hours, including 10 million work-hours, without a loss time injury recorded. The platform was a joint venture between Shell Malaysia as the operator (with a 35 per cent stake), ConocoPhilips Sabah (35 per cent) and Petronas Carigali Sdn Bhd (30 per cent). It was designed and engineered by Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) and Technip. It is a major milestone on what was once deemed difficult to achieve and is a national accomplishment.
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Leave a Comment » | Malaysia | Tagged: ConocoPhillips, Malikai, PCSB, TLP MMHE | Permalink
Posted by Wata
May 20, 2016
I think this is the first time that complaints about the quality of service providers moved from the whining stage to black and white. In case you didn’t know THHE is a subsidary of Tabung Haji.
Dateline 2016-04-05, Rigzone:
TH Heavy Engineering Berhad (THHE) reported Monday that its 70-percent owned unit THHE Fabricators Sdn. Bhd. (TFSB) had received a letter from PETRONAS Carigali Sdn Bhd in connection to TFSB’s ongoing contract for the procurement, construction and commissioning (PCC) of KNPG-B Topside PH II for the Kinabalu Non-Associated Gas (NAG) Development Project (Kinabalu Project) offshore Malaysia that was awarded Jan. 28, 2014.
PETRONAS Carigali stated in the letter that “due to performance related issues pertaining to the execution of the Kinabalu Project, TFSB will be excluded from participating in future PETRONAS Carigali’s tender for a duration of 2 years,” TTHE said in a filing with local stock exchange Bursa Malaysia.
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Leave a Comment » | investment, Malaysia | Tagged: PCSB, THHE | Permalink
Posted by Wata
May 6, 2015
Ever since the leaked letter about PCSB staff pay cuts (thrust and counter news articles), I assume the Management eventually had to find other income pipelines.
Disclaimer: I did not freaking set up this shot.
Leave a Comment » | Malaysia, oil and gas | Tagged: PCSB | Permalink
Posted by Wata
March 1, 2015
Before or after the oil crash of ’14?
Dateline 2014-12-12, Borneo Post Online:
Petronas, through its upstream arm, Petronas Carigali Sdn Bhd, will invest between US$500 million and US$1 billion to develop the K5 high carbon dioxide (CO2) concentration gas field off the coast of Sarawak until 2018.
For this purpose, Petronas Carigali has entered into an agreement with four companies, namely Technip Consultant (M) Sdn Bhd, UOP Malaysia Sdn Bhd, Twister BV and Generon Asia Sdn Bhd to provide the technology for the gas extraction.
Petronas Carigali head technology, technical global (sic) Dr Nasir Darman said Petronas would develop the world’s first offshore CO2 cryogenic distillation facility to enable it to recover four trillion square cubic feet (TSCF) of hydrocarbon gas from the 21 TSCF gas reserve at the field.
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Leave a Comment » | Malaysia, oil and gas | Tagged: K5, Nasir Darman, PCSB, Petronas | Permalink
Posted by Wata
February 1, 2015
Dateline 2014-10-20, Rigzone:
Royal Dutch Shell plc and the upstream division of Malaysia’s national oil and gas company Petroliam Nasional Berhad’ (Petronas) Petronas Carigali recently took the final investment decision (FID) to develop E6 field, offshore Sarawak, Malaysia, local news agency Bernama reported Wednesday .
The E6 field, discovered in 1970, will be the last field to be developed under the SK308 Production Sharing Contract (PSC).
The development concept leverages on existing infrastructure by evacuating gas from E6 to the E8 platform located around 10 miles (16 kilometers) away and crude oil to D35 located 41 miles (66 kilometers) away.
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Leave a Comment » | Malaysia, oil and gas | Tagged: E6, PCSB, Petronas, Shell | Permalink
Posted by Wata
January 29, 2015
Dateline 2014-11-19, The Star:
Shell and Petronas Carigali recently took the final investment decision (FID) to develop the E6 field, offshore Malaysia.
Discovered in 1970, the E6 field is the last field to be developed under the SK308 production sharing contract. SK308 is about 200km offshore Sarawak.
A joint statement issued on Wednesday said the development concept leverages on existing infrastructure by evacuating gas from E6 to the E8 platform located 16km away and crude oil to D35 located 66km away.
Shell Malaysia chairman Iain Lo said: “The development of the E6 field further strengthens Shell’s position in Malaysia. It will enable Shell to sustain gas supply to Malaysia LNG Tiga Plant and produce crude oil concurrently by 2017.”
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Leave a Comment » | Malaysia, oil and gas | Tagged: E6, Iain Lo, PCSB, Shell | Permalink
Posted by Wata
September 18, 2014
Dateline 2014-07-03, The Star:
Petronas, Petronas Carigali Sdn Bhd and Shell Malaysia have expanded the terms of the 2011 Baram Delta (BDO) production sharing contract (PSC) for enhanced oil recovery projects (EOR) offshore Sarawak (2011 Baram Delta EOR PSC) to include gas rights.
With the signing of the Heads of Agreement (HOA) for Baram Delta Gas Gathering Project 2 (BARDEGG2), associated and non-associated gas rights linked with the Baram Delta Operations will be incorporated into the 2011 Baram Delta EOR PSC, said Shell Malaysia in a statement on Thursday.
The Tukau Timur field, previously part of the SK307 PSC, will also be integrated into the 2011 Baram Delta EOR PSC enabling non-associated gas to be developed as part of a single integrated development project.
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Leave a Comment » | Malaysia, oil and gas | Tagged: Baram Delta, BARDEGG, Carigali, EOR, PCSB, Petronas, Shell, SK307, Tukau Timur | Permalink
Posted by Wata
April 19, 2014
Dateline 2014-03-17, Rigzone:
Malaysia’s national oil and gas company Petroliam Nasional Berhad (Petronas) and Royal Dutch Shell plc announced Monday an oil discovery offshore Sabah, Malaysia.
The discovery was made via the Limbayong-2 well during the appraisal of the Limbayong gas field by Shell. The appraisal well encountered 446 feet (136 meters) of oil bearing sands, and there are plans to conduct more appraisal work on the discovery to determine its recoverable volume.
Petronas’ Executive Vice President of Exploration and Production Wee Yiaw Hin said: “We are indeed pleased with the discovery which affirms the hydrocarbon prospects of Malaysia’s deep water areas.”
Iain Lo, chairman of Shell Malaysia and managing director of Sabah Shell Petroleum Company Ltd said: “This discovery attests to the significant potential in this area and is a positive development for exploration activities in East Malaysia.”
The drilling of the Limbayong-2 appraisal well was carried out by the consortium of Shell Malaysia (35 percent), ConocoPhillips (35 percent) and Petronas Carigali Sdn Bhd (30 percent).
2 Comments | Malaysia, oil and gas | Tagged: Limbayong, PCSB, Petronas, Shell | Permalink
Posted by Wata
Wata - Malaysian Oil and Gas Engineer 