Is the Petronas gravy train a slippery slope?

October 4, 2013

From Seatrade Global, dateline 2013-08-02:

There is no doubt that Malaysia’s national oil company (NOC) Petroliam Nasional (Petronas) is a behemoth in the country’s oil and gas (O&G) industry. But that the initial public offering of a company can be derailed by the suspension of a licence from it just illustrates the size of its influence.

Just over the last week, news broke that Perunding Ranhill Worley Sdn Bhd (PRW), an affiliate of Ranhill Energy has had its Petronas licence suspended for both upstream and downstream projects. Ranhill was on the verge of a MYR753m ($232m) listing on the Malaysian bourse and was to have made its debut on 31 July before being forced to pull the plug at the last minute.

 


Ranhill Withdraws Plan to List on Bursa Malaysia

September 17, 2013

Ah, Ranhill, what shall we do with thee? Dateline 2013-07-29, Rigzone:

Ranhill Energy and Resources Bhd announced that it has withdrawn an initial public offering (IPO) to raise $236 million (MYR 753 million) on Malaysia’s stock exchange Bursa Malaysia.

This follows the disclosure last week that Malaysia’s national oil and gas firm Petroliam Nasional Bhd (Petronas) has suspended an affiliate’s license following a review of a construction project. The affiliate Perunding Ranhill Worley Sdn Bhd (PRW) cannot bid for any projects from Petronas without the license.


Saturday Star 2012-03-03 – Job Opportunities

March 5, 2012

Support me by purchasing my recommendations, or buying through my Amazon store. I need the money to pay for running this site. Corporate level sponsors are encouraged.

If you need my help to submit your CVs, donate to the blog, and I’ll review your CV to see if it is worthy of my (and my associates’) expectations. If you can’t figure out how to donate, no need to ask.

  • I’m looking for a senior process engineer, 7+ years experience. Send your cv here . Also looking for process safety persons, lead piping designer, lead instrument engineer, and other seniors you think will catch my eye.
  • Ranhill WorleyParsons has an advert. Visit the website (select ‘Search Jobs’ and select country ‘Malaysia’, or ‘Advanced Job Search’).

May I suggest that readers install the Waze app on their phones? And use it as much as possible? It says its a “a social mobile application providing free turn-by-turn navigation based on the live conditions of the road. 100% powered by users, the more you drive, the better it gets. Join the community of drivers in your area today!” It’s definitely getting better for the Klang Valley area, though we need more users from East Malaysia.

Support your local bookshop! Visit Bookalicious at The Summit Subang, good selection of imported books. I think they focus on trilogies, quadrilogies, and otherologies. Tell them I sent you, and enjoy the look of perplexity on their faces

Let’s talk a bit about deepwater books:

  

Deepwater Petroleum Exploration & ProductionA Sea in FlamesDisaster on The Horizon

This week’s food promotion is the Shangri La, Jakarta.


Saturday Star 2011-12-17 – Job Opportunities

December 19, 2011

Support me by purchasing my recommendations, or buying through my Amazon store. I need the money to pay for running this site. Corporate level sponsors are encouraged.

If you need my help to submit your CVs, donate to the blog, and I’ll review your CV to see if it is worthy of my (and my associates’) expectations. If you can’t figure out how to donate, no need to ask.

  • I’m looking for a senior process engineer, 7+ years experience. Send your cv here . Also looking for process safety persons, lead piping designer, lead instrument engineer, and other seniors you think will catch my eye.
  •  Shell is looking for people for their Floating LNG Facility. You can visit www.shell.com/careers and select Job Search & Apply → Malaysia.
  • Carigali Hess is has a full page advert. Send your cv here,  with a detailed resume stating references, expected remuneration, contact telephone and email address, before 31st December.
  • BC Petroleum, a JV company comprising of Roc Oil Malaysia and Dialog D&P Sdn Bhd, are looking for people. Send your cv here.
  • Ranhill WorleyParsons has an advert. Visit the website (select ‘Search Jobs’ and select country ‘Malaysia’, or ‘Advanced Job Search’).
  • Murphy is looking for a gaggle of engineers. Apply here, or visit here. When was the last time you saw a .aspx in a published website address?
  • I see that Qatar Petroleum is looking for people to support Dukhan. Apply here or visit the website.
  • Talisman is looking for a Senior Well Intervention Engineer. Apply here, and visit their site.

May I suggest that readers install the Waze app on their phones? And use it as much as possible? It says its a “a social mobile application providing free turn-by-turn navigation based on the live conditions of the road. 100% powered by users, the more you drive, the better it gets. Join the community of drivers in your area today!” The more you use it, the better info I get in planning my journey round KL, and hopefully the rest of Malaysia.

If you are fans of classic gaming, support those old time PC classics at Good Oil Games. I wish they had a local setup here. And they just started their Xmas 50% off drive!

Support your local bookshop! Visit Bookalicious at The Summit Subang, good selection of imported books. I think they focus on trilogies, quadrilogies, and otherologies. Tell them I sent you, and enjoy the look of perplexity on their faces

Let’s talk a bit about deepwater books:

  

Deepwater Petroleum Exploration & ProductionA Sea in FlamesDisaster on The Horizon

This week’s food recommendation is anything strawberrish from Cameron Highlands. Or from Offshore Bintulu.