Musa Aman: Sabah’s oil royalty sharing formula due for REVIEW

September 8, 2012

Dateline 2012-08-21:

Sabah Chief Minister Datuk Seri Musa Aman believes that the state’s five percent petroleum royalty review issue is open for amicable discussions with the federal government.

He (Prime Minister Datuk Seri Najib Tun Razak) was a caring leader who was always prepared to listen to the people and their needs.

Musa, who is also state Finance Minister, said the good relationship between the state and federal governments also benefited Sabahans through large allocations which helped to propel the state forward.


Oil royalties: Why is Musa quiet?

August 23, 2012

When I first read this, I thought it was referring to Musa Hitam.

Dateline 2012-08-07:

Sabah Chief Minister Musa Aman’s reluctance to push the envelope on oil royalties and demand more of its wealth back from the federal government is puzzling Sabahans in and the opposition here.

Sabah receives a “ridiculous” 5% royalty and despite its natural wealth, is today the poorest state in Malaysia and relies on federal government handouts.


Sabah Offers Compressed Natural Gas Via Virtual Pipeline System

August 8, 2012

What the heck is a ‘virtual pipeline system’? Do you get virtual gas for your virtual car, and pay in virtual ringgit? Or is this part of WoW or Second Life?

Dateline 2012-07-19:

Sabah became the first state in Malaysia to offer compressed natural gas (CNG) via a virtual pipeline system.

Chief Minister Datuk Seri Musa Aman said the approach undertaken by Sabah Energy Corporation (SEC) would enable a wide spectrum of users to benefit from the project.

“It (project) is accessible to users who are located up to 70km from SEC’s station at the Kota Kinabalu Industrial Park.


MICCI wants enough gas for Sabah’s own devt

July 29, 2012

Dateline 2012-07-04:

Malaysia International Chambers of Commerce and Industry (MICCI) Sabah Branch wants the state government to continue pushing Petronas to ensure there is enough gas for Sabah’s own development.

“We strongly request the state government to urge Petronas to commit that in all its projects, the first opportunity is given to local consultants and qualified local companies so they will not end up being sub-contractors or sub, sub, sub contractors earning mere peanuts,” said MICCI Sabah Branch chairman, Datuk A Arulpragasam.

Speaking during MICCI Sabah Branch’s annual luncheon here yesterday, he added that despite the setting up of the Sipitang Oil and Gas Industrial Park (SOGIP), there would still be a shortage of gas for development of downstream industries as most of the Sabah gas would be piped to Bintulu.

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ConocoPhillips, Eastman Chemical To Invest $5.35 Billion In Malaysia

June 21, 2012

Dateline 2012-05-19:

ConocoPhillips (COP) is expected to make an additional $5 billion investment to ramp up its operations in Malaysia, the New Straits Times daily reported Saturday citing Malaysia’s Prime Minister Najib Razak.

The oil giant had invested $1.5 billion so far in three deepwater blocks offshore of Sabah state where production will start next year and hit a peak of 300,000 barrels of oil a day by 2016, the daily reported.

The paper also reported that Eastman Chemical Co. (EMN) is looking to increase its investment by $350 million on its polyester plastics plant in Pahang state.


A mountain of a project: the Sabah Sarawak Gas Pipeline

June 20, 2012

Dateline 2012-06-1701:

In order to develop the rich natural gas fields beneath the South China Sea, offshore Malaysia, Petronas proposed the Sabah Sarawak Gas Pipeline. However, construction of the project has by no means been a small feat, with construction contractor Punj Lloyd overcoming undulating mountains, dense rainforests, and unrelenting wet weather.

Petronas’ plans to develop the gas fields offshore Sabah involves construction of the proposed Sabah Oil and Gas Terminal (SOGT) at Kimanis, which is scheduled for completion in 2013. Once operational, the terminal will be able to receive, store, and export up to 300,000 bbl/d of crude oil, as well as receive, process, compress, and transport up to 1.25 Bcf/d of gas produced from the Gumusut/Kakap, Kinabalu Deep and East, Kebabangan, and Malikai fields.

The 512 km, 36 inch diameter Sabah Sarawak Gas Pipeline (SSGP) will transport 750 MMcf/d of gas from the SOGT to the Petronas LNG Complex at Bintulu, Sarawak. It is being constructed using API 5L X70 steel grade pipe, with a thickness range of 14, 17, and 20 mm, and will have a design pressure of 96 bar.

In 2008, Petronas awarded Punj Lloyd an engineering, procurement, construction, and commissioning contract for the SSGP, which includes:

  • Cathodic protection
  • A launcher station at Kimanis
  • A compressor station at Bintulu
  • Metering stations at both Kimanis and Bintulu
  • Intermediate pigging stations at Lawas, Long Lama, and Bintulu
  • 22 block valve stations
  • Six future tap-off points along the pipeline.


Murphy contracts McDermott for deepwater Malaysia oil development Mc

May 19, 2012

How do I get in touch with Berlian  McDermott? How big is their cubicle in Regis?

Dateline 2012-05-09:

McDermott International Inc. (NYSE: MDR) subsidiary Berlian McDermott Sdn Bhd has won a contract for subsea engineering, procurement, construction, transportation, installation, and commissioning in deepwater offshore Malaysia.

The subsea infrastructure work is on Murphy Sabah Oil Co. Ltd’s Siakap North – Petai development and covers rigid flowlines, flexible risers, an umbilical, and subsea hardware and controls. Siakap is northwest of Labuan Island in waters 3,900 – 4,900 ft (1,189 – 1,494 m) deep.

Field architecture consists of two rigid, insulated, pipe-in-pipe production flowlines, one rigid water injection flowline, and one main umbilical connecting eight new manifolds and subsea distribution units to existing riser slots on the Kikeh FPSO. The development calls for five water injection and eight production wells, drilled from the manifolds at each of the four drill centers.


Sabah varsity to set up petroleum faculty

May 11, 2012

Been there. And what’s this ‘soon become a rich state’? I thought it already was.

Dateline 2012-05-02:

A petroleum engineering faculty will be set up soon in Universiti Malaysia Sabah (UMS).

Former prime minister Tun Dr Mahathir Mohamad said it was about time that UMS established a new faculty focusing on oil and gas as Sabah would soon become a rich state because of its natural resources.

With the setting up of the petroleum engineering faculty, Dr Mahathir was confident that Sabah would benefit from its oil resources.

 


O&G Industry Set To Stimulate Sabah’s Growth In North Asia, BIMP-EAGA

April 29, 2012

Dateline 2012-04-09:

The oil and gas industry is set to play a leading role in stimulating growth for Sabah within the North Asia and the Brunei-Indonesia-Malaysia-Philippines East Asia Growth Area (BIMB-EAGA), said Chief Minister Datuk Seri Musa Aman.

He said Sabah is strategically located between the two major economic regions.

“One is the affluent markets of North Asia including Japan, Korea, Taiwan, Hong Kong and China, and second is the growth of developing markets within the BIMP-EAGA,” he said in his remarks when opening the 2012 Sabah Oil and Gas Conference and Exhibition here Monday.


Petronas should underwrite our PTPTN loans

March 15, 2012

Dateline 2012-02-24:

A citizens movement in Sabah, calling themselves ‘Oil for Future Movement’ (OFF) wants Petronas to repay all the PTPTN (National Higher Education Fund Corporation) study loans taken by Sabahan students.

OFF chairman Phillip Among said it is only logical for Petronas to help out Sabah students if the federal government wants to give real meaning to its slogan “People First, Performance Now”.

He said thousands from Sabah who had taken study loans from the government-controlled PTPTN are now jobless and have become victims of the scheme which is now demanding they repay their respective aids.