Extract from “The Will to Compete” – Cooking Gas

July 29, 2015

About Retail Cooking Gas:

 

Liquefied Petroleum Gas (LPG) for household use was initially marketed by PETRONAS in 12kg cylinders whilst the 50kg cylinders were for industrial use. Dagangan’s survey indicated that on average a household would use 12kg of LPG per month for cooking purposes thus giving the 12kg cylinders a slight advantage in cash outlay as opposed to Shell’s 14kg cylinders….

Visit here and buy books so I have some spending money. I expect you to buy the whole set of 4.


Too many oil hubs?

August 2, 2015

Dateline 2015-06-13, The Star:

IT is surprising that Benalec Holdings Bhd is calling off its plans to build a petroleum hub in Tanjung Piai in Johor.

In an announcement this week, the company said the agreement with its partners had lapsed and that there was no intention to pursue the matter further.

Notably, Benalec has influential partners in the form of the Johor royalty and businessman Datuk Daing Malek Daing A Rahman.

The plan included reclaiming and selling about 1,000 acres off the coast of Tanjung Piai for the purpose of constructing and operating a crude oil and petroleum storage facility together with a private jetty.

What is clear though is that with oil and gas (O&G) prices being where they are, all parties planning ventures into this sector have to rethink their business plans, just as the oil majors the world over are admittedly doing.

There are also a significant number of O&G hubs being planned in the state of Johor.


More consolidation seen in O&G industry

August 1, 2015

Check out the gentleman in the article’s picture.

Dateline 2015-06-13, The Star:

It will be driven by current weak oil price, as companies need to grow in terms of size and capability to stay competitive

IT is hard to predict when oil prices will rise to more profitable levels again.

But with the economic reasons behind the collapse of global crude oil prices unlikely to go away anytime soon, industry players will just have to brace for a prolonged period of tough business environment.

To remain in the game, many will likely seek consolidation or other merger and acquisition (M&A) exercises.

In Malaysia, such trend is already emerging, with industry observers regarding Dayang Enterprise Holdings Bhd’s buyout offer for Perdana Petroleum Bhd last month as the start of a consolidation phase for the local oil and gas (O&G) sector.

 


O&G players must grow in terms of technology, says MPRC

July 31, 2015

Dateline 2015-06-11, The Sun:

Malaysia Petroleum Resources Corp (MPRC) is pushing for oil and gas (O&G) players to be more innovative in terms of technology in order to be more competitive and to remain sustainable when natural resources are depleted.

Executive director Dr. Shahreen Zainooreen Madros said the majority of O&G service providers are only servicing the local market, despite the sector being a mature industry with an established value chain.

“Eventually when our oil is completely depleted, we hope there is still a services industry in Malaysia to serve the region. The important thing to know is the urgency to develop our services sector. We cannot depend on our natural resource forever because it is a reserve that one day will run out,” he told reporters at the launch of MPRC 100 yesterday. MPRC 100 is a list of top 100 O&G companies operating in Malaysia.


IEM Shout Out – Full-Day HAZOP Training For Team Members – A Practical Approach

July 30, 2015

My technical division will be hosting a 1 day seminar on the 13th August, 2015. It is worth 6.5 CPD points, and held at Wisma IEM. Since I’m giving it, I expect hoards will have to be turned away at the gates. And it’s a big room, so I need to fill the seats.

A Hazard and Operability study is a formal and systematic and detailed examination of the process and engineering intentions of new or existing facilities which assesses the hazard potential and effects on the facility as a whole when operation is outside of the design envelope, or individual items of equipment malfunction.

This course is designed to educate participants in the HAZOP process from the perspective of a HAZOP team member. It is meant to provide both instruction and workshop sessions so that the participants:

  • Are familiar with the concept of ‘risk’
  • Are familiar with the theory behind HAZOP
  • Are familiar with the actual HAZOP workshop process
  • Have expectations as to what the HAZOP will (and won’t provide)
  • Understand what deliverables can be expected from a HAZOP
  • Have the opportunity to participate in HAZOP exercise in a safe environment
  • Opportunity to share HAZOP experiences

At the end of the session, the participants should:

  • Understand the responsibilities of all parties in the HAZOP
  • Have experience in a HAZOP session.
  • Understand the outcomes from a HAZOP session

Wata has 19 years of experience in the oil and gas industry, in both design and operations.

Register here, or download the form here.


Marketing Rounds – Clear Instructions

July 29, 2015

I await the day when someone confuses this with AirAsia’s requirements,and complains.

IMG_20150428_085600_HDR-001


Shout Out – Talk on Microfluidic Technology: Theory and How It Can Transform Industrial Practice

July 28, 2015

This is a shout out for the IEM. My Technical Division will be  hosting a talk on the 12th August, 2015, by Dr Jitkai Chin. It’ll be at 5:30 pm  (makan-makan at 5:00).

Since microfluidic technology was introduced nearly two decades ago, it has attracted attention from researchers around the world because of its unique features of miniaturisation – reduced raw material consumption and waste generated, large surface area to volume ratio and etc. In recent years, the technology has been introduced and adapted by pharmaceutical and food industries to improve product quality and energy efficiency. In this talk, the important theories of microfluidic technology will be introduced with examples of application. The talk is suitable for chemical engineers, mechanical engineers as well as electrical and electronic engineers.

This talk intends to raise awareness of participants on the increasing importance of CFD in the oil and gas industry. This is achieved by sharing real life examples of CFD applications in Malaysia and how it helped companies in understanding process and equipment issues and assisted them in making sound engineering decisions.

 

Dr Jitkai Chin obtained his BEng (Hons) in Chemical and Process Engineering with Biotechnology and PhD from Department of Chemical and Process Engineering, University of the Sheffield, UK in 2001 and 2007 respectively. He was appointed Assistant Professor in University of Nottingham Malaysia Campus in 2007. He was then promoted to Associate Professor in 2011 with 15 ranking international journal papers and awards behind him. His research interests including the droplet microfluidics, microthrusters, propellants and graphene.

 

Register here or download the form here. A map to Wisma IEM is presented here.


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