September 22, 2016
Are they saying the PETRONAS does kakistocracy?
Dateline 2016-08-11, Borneo Post:
Suarah Petroleum Group (SPG) said national oil corporation Petronas had forgotten its role and Sarawak’s sacrifice in making it a Fortune 500 company while its employment records contrasted sharply with its claims of meritocracy.
Speaking on behalf of SPG, its media communications officer Yusuf Abdul Rahman said Petronas’ claims that it’s latest manpower restructuring exercise was based on merit were off the mark and that there were plenty of qualified Sarawakians around.
He said Petronas owed a big chunk of its success to Sarawak; since its inception to a multi-national corporation listed in Fortune 500.
“Sarawakians are not asking or begging for jobs which they don’t deserve. All Sarawakians want is a fair chance. If that is denied to them because of pro-West Malaysian Petronas bias, then it has to answer to the state,” he said.
He accused Petronas in its quest to become a multi-national corporation of having forgotten its role as a national oil company and that citing meritocracy was only an excuse.
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Malaysia, Malaysian election | Tagged: Petronas, Suarah Petroleum Group, Yusuf Abdul Rahman | 
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Posted by Wata
September 11, 2016
I presume ‘foreigners’ means non-Sabahans?
Dateline 2016-08-09, The Malay Mail:
National oil giant Petronas is not giving priority to foreigners over Sabahans as claimed, as the firm had already been asked from the very beginning to consider the state residents first for jobs, Sabah Chief Minister Datuk Seri Musa Aman has said.
Musa said he had requested that Petronas fill up high-ranking positions in the company with Sabahans first, but noted that Sabah itself lack workers who have the skills required for the oil and gas industry.
“This includes to fill in the job vacancies and in fact many local youths are employed there in the two projects. I have also asked Petronas to also give priority to Sabahans for high level posts, not only rank and file.
“But I admit that we lack skilled workers in this sector and in view of this I have asked that our youths be given training so that they can obtain a degree and be employed to fill in these vacancies,” he was quoted saying at the state legislative assembly by local daily The Borneo Post’s portal.
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Leave a Comment » | Malaysia, Malaysian election, oil and gas | Tagged: Musa Aman, Petronas, Sabah | Permalink
Posted by Wata
September 10, 2016
Tg. Baram acreage may be returned?
Dateline 2016-08-08, Rigzone:
Malaysia’s upstream oil and gas services company Uzma Berhad, holder of a minority stake in the Tanjung Baram oil field in Block SK307 offshore Sarawak, is unfazed by talks that the risk service contract (RSC) for the acreage might be cancelled amid cost rationalization initiative undertaken by the country’s national oil firm Petroliam Nasional Berhad (PETRONAS), local media The Star reported Saturday.
Such views were triggered recently after PETRONAS reached an agreement last month with the joint venture comprising Petrofac Energy Developments Sdn Bhd and SapuraKencana Petroleum Berhad’s subsidiaries for the cessation of the Berantai RSC located in Block PM309 offshore Terengganu, Malaysia.
“The RSC’s cessation will allow PETRONAS to minimize the project’s long-term value erosion and optimize the development and production activities in Malaysia, in line with its efforts to reduce costs and increase the efficiency of its operations,” the Malaysian state-owned firm said in the July 11 press release.
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Leave a Comment » | Malaysia, oil and gas | Tagged: Berantai, Petronas, PM309, RSC, SK307, Tanjung Baram, Uzma | Permalink
Posted by Wata
September 8, 2016
Dateline 2016-08-05, FMT:
PKR lawmaker Rafizi Ramli believes introducing quotas for Sarawakians in Petronas’ operations in Sarawak will do them more harm than good.
Referring to Sarawak DAP chairman Chong Chieng Jen’s suggestion yesterday that Petronas have a 70 per cent quota of home-grown management and middle management staff in the state’s operations, Rafizi said he understood the sentiments of Sarawakians, but imposing such quotas could be detrimental to the staff.
“All Petronas executives are taken from the company’s headquarters and reassigned to the various units and subsidiaries around the world, as the oil company’s operations covered upstream, gas, Liquefied Natural Gas (LNG), oil refineries, petrochemicals, and downstream activities, such as marketing and international trade.
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Leave a Comment » | investment, Malaysia, oil and gas | Tagged: Chong Chieng Jen, Petronas, Rafizi Ramli | Permalink
Posted by Wata
August 30, 2016
Is this the same ex-EPMI Hanafi Talib? Either way, we wish him the best in this life and the next.
Dateline 2016-07-27, Trend New Agency:
Hanafi Talib has been appointed the new head of Malaysia’s oil and gas company Petronas in Azerbaijan.
Azerbaijan’s Energy Ministry said July 27 that Hanafi Talib was presented to Azerbaijan’s Energy Minister Natig Aliyev at the meeting with the delegation headed by Malaysia’s Ambassador to Azerbaijan Dato’ Roslan Tan Sri Abdul Rahman.
During the meeting, Hanafi Talib expressed satisfaction with the current level of cooperation between Azerbaijan and Malaysia, including in the energy sector.
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Leave a Comment » | Malaysia | Tagged: Azerbaijan, Hanafi Talib, Petronas | Permalink
Posted by Wata
August 28, 2016
Same topic as yesterday, a different slant on reporting, and an optimistic note.
Dateline 2016-07-22, Nikkei Asia Review:
Malaysia’s national oil company Petroliam Nasional, or Petronas, has awarded its first production sharing contract for 2016 to three oil companies to explore a hydrocarbon block off the Sarawak state.
Thailand’s PTT Exploration & Production will operate the SK410B oil field with joint venture partner Kuwait Foreign Petroleum Exploration Company, Petronas said in a statement. PTT and the state-run KUFPEC will each hold a 42.5% stake in the block while Petronas will own the remainder 15% through a wholly owned unit.
“[The] signing not only marks Petronas’ first PSC award in 2016, but also welcomes PTT for their first operatorship in Malaysia,” said Petronas’ executive vice president for upstream Mohd Anuar Taib. “We are also pleased to collaborate with our long term partners, KUFPEC once again.”
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Leave a Comment » | engineering, Malaysia, oil and gas | Tagged: KUFPEC, Mohd Anuar Taib, Petronas, PTTEP, SK410B | Permalink
Posted by Wata
August 25, 2016
Again, this is old news for those who are in the business. I didn’t even know there was a bidding exercise, if not I would have put in a bid.
Dateline 2016-07-21, Rigzone:
Malaysia’s national oil company Petroliam Nasional Berhad (PETRONAS) appointed Wednesday its wholly-owned subsidiary Vestigo Petroleum Sdn Bhd as operator of the Berantai field in Block PM 309, located about 93 miles (150 kilometers) offshore Terangganu, Malaysia, following the cessation of the Berantai Risk Service Contract (RSC) with the previous contractors announced July 11.
“The appointment of Vestigo is in line with PETRONAS’ effort to extend the economic life of the field and maximize the long term value of the asset,” the company said in a press release.
Vestigo specializes in the development and production of small and marginal fields and currently operates the Tembikai field under the Tembikai-Chenang Cluster Small Field RSC since June 2015.
The Bertantai field comprises a wellhead platform connected to a floating production storage and offloading (FPSO) vessel, which processes and exports gas to the neighboring Angsi field via a 18.6 mile (30 kilometer) subsea pipeline before being exported onshore. First gas from Berantai commenced in October 2012.
Leave a Comment » | Malaysia, oil and gas | Tagged: Berantai, Chenang, Petronas, PM309, RSC, Tembikai | Permalink
Posted by Wata
August 22, 2016
This is a shout out for the IEM. My Technical Division will be hosting a talk on the Monday 29th August, 2016 by Ir. Alzakri. It’ll start at 5:30pm and is worth 2 CPD hours.
The talk will provide an overview on types of heat exchangers commonly used in Oil & Gas industry based on the Codes & Standards used during the design. Common types will be the Shell & Tube Heat Exchangers, Air Cooled Heat Exchangers, Double Pipe Heat Exchangers and Plate Heat Exchangers. This will be followed by the sample fabrication processes which touch on the common welding processes such as GTAW, SMAW, SAW and main forming processes such as plate rolling and tube bending.
Ir Alzakri Ekhwan is a Custodian Engineer for Static Equipment based in PETRONAS Group Technical Solutions and has more than 23 years of experience in maintenance, design, fabrication, inspection and construction of Static Equipment in Oil and Gas industry. Previously, he was the Principal Engineer, Field Engineering Manager for MG3 Lube Base Oil (MG3) Project and Hydrogen Processing Unit 2 (HPU-2) Project and Senior Inspection Engineer of PETRONAS Penapisan (Melaka) Sdn Bhd . He was also the Head of Mechanical Section of PETRONAS Methanol (Labuan) Sdn Bhd.
Register here or download the form here. A map to Wisma IEM is presented here.
Leave a Comment » | engineering, Malaysia, oil and gas | Tagged: alzakri, IEM, OGMTD, Petronas | Permalink
Posted by Wata
August 15, 2016
This is a shout out for the IEM. My Technical Division will be hosting a talk on the Monday 29th August, 2016 by Ir. Alzakri. It’ll start at 5:30pm and is worth 2 CPD hours.
The talk will provide an overview on types of heat exchangers commonly used in Oil & Gas industry based on the Codes & Standards used during the design. Common types will be the Shell & Tube Heat Exchangers, Air Cooled Heat Exchangers, Double Pipe Heat Exchangers and Plate Heat Exchangers. This will be followed by the sample fabrication processes which touch on the common welding processes such as GTAW, SMAW, SAW and main forming processes such as plate rolling and tube bending.
Ir Alzakri Ekhwan is a Custodian Engineer for Static Equipment based in PETRONAS Group Technical Solutions and has more than 23 years of experience in maintenance, design, fabrication, inspection and construction of Static Equipment in Oil and Gas industry. Previously, he was the Principal Engineer, Field Engineering Manager for MG3 Lube Base Oil (MG3) Project and Hydrogen Processing Unit 2 (HPU-2) Project and Senior Inspection Engineer of PETRONAS Penapisan (Melaka) Sdn Bhd . He was also the Head of Mechanical Section of PETRONAS Methanol (Labuan) Sdn Bhd.
Register here or download the form here. A map to Wisma IEM is presented here.
Leave a Comment » | engineering, Malaysia, oil and gas | Tagged: alzakri, IEM, OGMTD, Petronas | Permalink
Posted by Wata
August 14, 2016
Who pulled whose plug? And notice that Petrofac’s share prices went up.
Dateline 2016-07-11, City AM (who?)
Petrofac shares popped today after the oilfield services provider scrapped a contract with Malaysia’s state-owned oil firm.
Petrofac’s Malaysian subsidiary and its partners agreed an early stoppage to the development of the the Berantai gas field, located about 150km offshore Peninsular Malaysia, with Petronas.
Petronas was due to pay Petrofac $357m (£275.4m) for the contract last year, which resulted in a profit of just $1m during this period.
The London-listed firm had the right to end it ahead of the expected end date in 2020, depending on the project’s economics.
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Leave a Comment » | investment, Malaysia, oil and gas | Tagged: Berantai, Petrofac, Petronas | Permalink
Posted by Wata
Wata - Malaysian Oil and Gas Engineer 