Vestigo awarded small fields PSC offshore Malaysia

May 25, 2021

Dateline 2021-04-26, Offshore:

 Petronas has awarded Vestigo Petroleum a production sharing contract (PSC) for the shallow-water South East Collins Cluster, under Malaysia’s new Small Field Asset terms.

The cluster, in water depths of 42-45 m (138-147 ft), 70 km (43 mi) northeast of Labuan Island, comprises the South East Collins and Lokan fields discovered in the 1980s, with combined recoverable reserves estimated at 10 MMstb.


PETRONAS Approves Development Plan for Malaysia’s Offshore Ophir Oil Field

October 1, 2015

Finally.

Dateline 2015-09-01, Rigzone:

Australia’s Octanex N.L. disclosed Tuesday that Malaysia’s state-owned oil and gas company Petroliam Nasional Berhad (PETRONAS) has approved the revised field development plan (FDP) for the Ophir oil field in Block PM 305, offshore Peninsular Malaysia.

Work on the $90 million Ophir field project, which is being developed under a Risk Sharing Contract (RSC) granted in 2014 to Ophir Production Sdn Bhd (OPSB), will commence immediately. OPSB is a joint venture company comprising Octanex (50 percent), Scomi Energy Services Bhd (30 percent) and Vestigo Petroleum Sdn Bhd (20 percent).

 


VESTIGO Flows First Oil at Tembikai Field Offshore Peninsular Malaysia

August 25, 2015

Dateline 2015-07-14, Rigzone:

Malaysia’s national oil company Petroliam Nasional Berhad (PETRONAS) announced Tuesday the commencement of oil production at the Tembikai field under the Tembikai-Chenang Cluster small field Risk Service Contract (RSC) located offshore Terengganu, Peninsular Malaysia.

The field, which lies in water depth of approximately 230 feet (70 meters), is being developed and operated by VESTIGO Petroleum Sdn Bhd, a company established in 2013 and wholly-owned by PETRONAS Carigali Sdn Bhd — the upstream arm of PETRONAS.

The Tembikai-Chenang Cluster is the fourth RSC that has been brought into production, after the Kapal-Banang-Meranti (KBM) Cluster, Balai Cluster and Berantai RSCs.

 

 


Saturday Star 2015-04-04 – Job Opportunities

April 6, 2015

Happy Last Service Tax week. Please don’t audit me. Buy my recommendations, or through my Amazon store. Or get the Young Turks series (all 4 books). Where are those corporate sponsors? Or throw donations at me.

  • White Quest is looking for a Principal Eng, HSE & Risk Manager, and a Senior Eng. Email them here.
  • Oh yeah, Wood Group Kenny is looking for a GM /MD. What happened to your old one? I’d like to join the company he went to. Email them here.
  • An associate of mine is looking for a technical safety part-time adviser. Needs to be needle sharp with respect to QRAs, and HSE safety cases. A calm demeanor to handle nonsensical questions from young engineers helps as well. Either that, or a drinking problem.
  • Vestigo is here, Vestigo is here. Are they so ashamed that they are a PETRONAS linked company that they didn’t use .com.my for their web presence? If you think you are a hotshot Safety Manager, apply here. But I can’t get a ping at their web address, so snail mail to The Human Resources Department, Vestigo Petroleum Sdn Bhd, Level 3, Bangunan Getah Asli, 148 Jalan Ampang, 50450 Kuala Lumpur. Oo, and if you check the advert, your use of ‘incumbent’ is wrong.
  • Hess is still looking for a measurement and allocation engineer. I saw that the ITB is still floating around. If you want me, you know where to find me. Not Celebrity Fitness, if you need a hint.
  • Nothing else this week

Support your local bookshop!  Bookalicious at The Summit Subang is a good choice. I think they focus on trilogies, quadrilogies, and other ologies. Tell them I sent you, and enjoy the look of perplexity on their faces. Those of you who have dropped my name, thanks!

Food choice of the week? How if you visit Vietnam, how about visiting Alai in Melaka?

As crude prices are low, you need all the help you can get to nail that elusive 2k job:

Social Engineering: The Art of Human Hacking, Ghost in the Wires: My Adventures as the World’s Most Wanted Hacker, The Art of Deception: Controlling the Human Element of Security


OPSB Secures Financing to Develop the Ophir Oil Project Offshore Terengganu

October 7, 2014

Dateline 2014-07-27, Rigzone:

Octanex N.L. announced Thursday that limited recourse project finance has been secured for the development of the Ophir field, offshore Terengganu, Malaysia.

Octanex is a 50 percent shareholder in Ophir Production Sdn Bhd (OPSB) which was awarded the Ophir Risk Service Contract in June. Octanex’s joint venturers in OPSB are Scomi Energy Services Bhd, a Malaysian downstream oil and gas services company listed on the Main Board of Bursa Malaysia with a 30 percent interest, and Vestigo Petroleum Sdn Bhd, a wholly owned subsidiary of Petronas, incorporated in 2013 with a focus on the development of small, marginal and mature fields, holding a 20 percent interest.


Saturday Star 2014-10-04 – Job Opportunities

October 6, 2014

Buy my recommendations, or through my Amazon store. Or get the Young Turks series (all 4 books). Where are those corporate sponsors? Or throw donations at me. I need RM360 to get The Star ePaper. Or go to Hajj, whichever you prefer.

  • I’m lining up jobs for next quarter, for IGL Services. Whisper to (better yet, carpe jugulum) your boss, and send work my way.
  • Vestigo is here, Vestigo is here. Are they so ashamed that they are a PETRONAS linked company that they didn’t use .com.my for their web presence? If you think you are a hotshot Senior Reservoir Engineer apply here. But I can’t get a ping at their web address, so snail mail to The Human Resources Department, Vestigo Petroleum Sdn Bhd, Level 3, Bangunan Getah Asli, 148 Jalan Amplang, 50450 Kuala Lumpur.
  • I notice that there’s and advert for Hevilift. Are they looking to partake in the offshore aviation transportation pie?

Support your local bookshop!  Bookalicious at The Summit Subang is a good choice. I think they focus on trilogies, quadrilogies, and other ologies. Tell them I sent you, and enjoy the look of perplexity on their faces. Those of you who have dropped my name, thanks!

Food choice of the week? How if you visit Vietnam, how about visiting and updating GoHalalVietnam! for your food needs. For your other needs, talk to your local tour guide/ concierge / man on the street.

Need some new management techniques. How about these books?

The Dilbert Principle: A Cubicle’s-Eye View of Bosses, Meetings, Management Fads & Other Workplace Afflictions, Dogbert’s Top Secret Management Handbook, Dilbert and the Way of the Weasel


Ophir Production to Develop Ophir Oil Field Offshore Terengganu, Malaysia

August 10, 2014

Dateline 2014-6-12, Rigzone:

Scomi Energy Services Bhd (SESB or Company) announced Wednesday that Ophir Production Sdn Bhd (OPSB), a joint venture firm — in which SESB’s wholly-owned subsidiary Scomi D & P Sdn Bhd (SDP) has a 30 percent interest — signed a seven year Small Field Risk Service Contract (SFRSC) with Malaysia’s national oil and gas company Petroliam Nasional Berhad (Petronas) June 11 to develop and produce petroleum from the Ophir field, offshore Terengganu, Malaysia.

OPSB will execute the approved Field Development Plan (FDP) with planned development activities, which include the drilling of wells, the installation of a production platform and export and storage of oil via a floating storage facility. The development phase will cost an estimated $135 million, with first oil production expected in 18 months.

 


Saturday Star 2014-07-05 – Job Opportunities

July 7, 2014

Selamat Berpuasa.

Buy my recommendations, or through my Amazon store. Or get the Young Turks series (all 4 books). Where are those corporate sponsors? Or throw donations at me. I need RM360 to get The Star ePaper.

  • I’m looking for a senior process engineer, 7+ years experience. Also looking for technical safety persons, metering / measurement engineers and other seniors you think will catch my eye.
  • Hah, White Quest looking for a Senior Engineer, HSE & Risk Management, and Engineer / Senior Engineer, Asset Integrity. Come to us first, lah. We’ll help.  Send your CV here.
  • Who is Eversendai? I think they are positioning themselves to go into offshore structural work. Do they have a Tarpon killer app? They are looking for people, though not discipline engineers, mostly project people. Send your CV here.
  • Vestigo is here, Vestigo is here. Are they so ashamed that they are a PETRONAS linked company that they didn’t use .com.my for their web presence? If you think you are a hotshot Senior Project Engineer, Reservoir Engineer, or Legal Counsel, apply  here. But I can’t get a ping at their web address, so snail mail to The Human Resources Department, Vestigo Petroleum Sdn Bhd, Level 3, Bangunan Getah Asli, 148 Jalan Amplang, 50450 Kuala Lumpur.

Support your local bookshop!  Bookalicious at The Summit Subang is a good choice. I think they focus on trilogies, quadrilogies, and other ologies. Tell them I sent you, and enjoy the look of perplexity on their faces. Those of you who have dropped my name, thanks!

Food choice of the week? How if you visit Vietnam, how about visiting and updating GoHalalVietnam! for your food needs. For your other needs, talk to your local tour guide/ concierge / man on the street.

Some books for you to turn those bad numbers’ frown upside down.

  

Proofiness: The Dark Arts of Mathematical DeceptionBad Science: Quacks, Hacks, and Big Pharma FlacksHow to Lie with Statistics


Saturday Star 2014-05-10 – Job Opportunities

May 12, 2014

Happy Vung Tau Week (still).

Buy my recommendations, or through my Amazon store. Where are those corporate sponsors? Or throw donations at me. I need RM360 to get The Star ePaper

  • I’m looking for a senior process engineer, 7+ years experience. Also looking for technical safety persons, metering / measurement engineers and other seniors you think will catch my eye.
  • Vestigo has a low key advert. They are looking for head, commercial and strategy, senior analyst-planning, senior qa/qc manager, integrated planner, production engineer, project and operations coordinator/operations supervisor. Apply here.
  • Earthstream is recruiting for a ‘flagship oil & gas project’. I suppose the codename is Enterprise? They are looking for Project Manager, HSE Manager & Engineer, Contract Technicians, Safety and Risk Engineer (give that to me, please), Process Engineer (ditto), Civil / Structural Engineer (you get the point), Project Engineer, Project Control Engineers, Environment Engineer, Project Quality Manager. Send you details here.

Support your local bookshop!  Bookalicious at The Summit Subang is a good choice. I think they focus on trilogies, quadrilogies, and other ologies. Tell them I sent you, and enjoy the look of perplexity on their faces. Those of you who have dropped my name, thanks!
Since I had just noted the passing of Trevor Kletz, I would like to suggest that this week you dedicate to purchasing books written by him:

What Went Wrong?, Fifth Edition: Case Histories of Process Plant Disasters and How They Could Have Been Avoided (Butterworth-Heinemann/IChemE), Still Going Wrong!: Case Histories of Process Plant Disasters and How They Could Have Been Avoided, Process Plants: A Handbook for Inherently Safer Design, Second Edition


Third round RSCs still up for grabs

August 1, 2013

Dateline 2013-07-04, The Sun Daily:

The bidding process for the third licensing round to develop marginal oil and gas fields under the risk service contracts (RSC) is yet to be completed, Petroliam Nasional Bhd (Petronas) said.

The market is expecting Petronas-owned Vestigo Petroleum Sdn Bhd to speed things up and pave the way for more companies to join in the fray.

“No contract has yet been awarded in this licensing round as the bidding process is still ongoing,” the national oil company said in an email to SunBiz.

Interest in RSCs perked up yesterday after a relatively small player Handal Resources said it will partner MOE Australia Ltd to explore opportunities in development of marginal oil and gas fields – with an eye for RSC agreement with Petronas.