Extract from “The Young Turks of PETRONAS”

April 13, 2014

Anticipating MNC reactions to the PSC:

“The Task Force concluded that SSB, as a producing entity from offshore Sarawak, would want to stay at all costs in order to extract as much as they could under the new scheme of things and that SSPC would tag along and develop their meagre finds riding on SSB’s management and associated common infrastructure.”

Visit here and buy books so I have some spending money.


Saturday Star 2014-04-19 – Job Opportunities

April 21, 2014

Happy Chem E Car day.

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.
  • Qatar Petroleum is seeking dynamic and qualified professionals for their operations department. Examples of jobs are maintenance engineer, project engineer, senior engineer. Apply here or visit the website.
  • Murphy is seeking extraordinary talent. Examples are lead engineer, mechanical, structural, mechanical, lead facilities engineer, conceptualization engineer (are drugs supplied). Send your CV here.

Here’s a quick list of tech podcasts I follow:

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!

Let’s talk about maths:

  

Visions of Infinity: The Great Mathematical ProblemsIn Pursuit of the Unknown: 17 Equations That Changed the WorldAn Imaginary Tale: The Story of [the Square Root of Minus One] (Princeton Science Library)


Anniversary – Deepwater Horizon

April 20, 2014

Drilling Engineers never forget.


IRB loses RM3.34m in oil tax through delay, national audit shows

April 20, 2014

I think they are off by 2 orders of magnitude. Now can you lay off chasing me for pennies?

Dateline 2014-04-07, Malay Mail:

The Inland Revenue Board’s (IRB) Petroleum Division had failed to collect up to RM3.34 million in corporate income taxes, the Auditor-General’s (A-G) said in the first series of its 2013 report tabled in Parliament today.

The report also noted that a total of 31 field audits on corporate income tax cases were not completed on time, which involved additional taxes and penalties amounting to RM8.83 million.


Shell Discovers Oil at Limbayong Field in Offshore Sabah

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).


Adenan sets oil royalty as priority

April 18, 2014

All hail the new CM. 5% of gross?

Dateline 2014-03-16, The Star:

New Chief Minister Tan Sri Adenan Satem is showing signs he will speak up on contentious issues and take a different stand from his predecessor.

In an interview with The Star, Adenan spoke assertively on the Malaysia Agreement, but even more surprising were his views on the oil royalty for Sarawak.

“I would like to have 20% royalty, sure,” he said, “but what was agreed before was 5% of gross. I will ask the Federal Government if they can accommodate us but let us be realistic”.

 


Gas Malaysia, MMC unit agree on gas distribution project

April 17, 2014

Enigma is right. Who?

Dateline 2014-03-14, The Star:

 Gas Malaysia Bhd and MMC Corporation Bhd‘s unit Enigma Harmoni Sdn Bhd have agreed on the terms for the gas distribution pipeline project.

According to Gas Malaysia on Friday, the terms included the construction of the pipeline and other works for the supply of natural gas to Enigma Harmoni.

Enigma Harmoni is a unit of Senai Airport Terminal Services Sdn Bhd, which in turn is a unit of MMC. MMC also holds 30.93% of Gas Malaysia.

The estimated infrastructure cost is RM4.40mil. The project is slated for completion by Nov 30 this year.

 


Marketing Rounds – Tanjung Manis

April 16, 2014

Yup, I ended up here sometime this year.


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