Malaysia's state oil firm Petronas said on Friday it has not changed its policy of awarding licences to companies involved in its oil and gas production areas.
Petronas denied a local media report that said it would abolish its licensing system as part of a move to encourage greater competition in the oil and gas industry.
"All companies wishing to commence or continue any business or service related to Malaysia's oil and gas upstream operations and activities must apply for a licence from Petronas," the firm said in a statement.
"This policy... has not changed and applies to all local and foreign company service providers and suppliers," Petronas added.
Monday, 31 October 2011
Saturday, 29 October 2011
Kuantan residents threaten sit-in if rare earth ore arrives
Kuantan folk have threatened to block operations of a controversial rare earth plant by holding a sit-in as claims that Lynas Corp is ready to ship in ore has heightened tension among increasingly nervous residents.
Although the Australian miner has denied any plans to ship in material from its Mount Weld mine, it has also said it is confident of starting operations by the end of the year.
Leaders of local anti-Lynas movements told The Malaysian Insider that after more than six months of lobbying against the RM1.3 billion refinery due to fears of radiation pollution, residents are now threatening to stop the plant at all cost.
“They are threatening to lie down in front of the factory. People are getting nervous and some are planning to move out of Kuantan,” Save Malaysia Stop Lynas chief Tan Bun Teet said.
This is despite the federal government giving its assurance that “there will be no importation of raw materials into the country, and no operational activities will be allowed on site” until Lynas meets conditions set out in July by an international team of radiation experts.
Although none of the community leaders contacted by The Malaysian Insider have planned a sit-in, they also refused to take responsibility over public anger should the government allow Lynas to bring in the ore to Kuantan port.
“I am not in control of the people. If it comes down to that (ore in Kuantan), people have said that they are prepared to sit-in,” said Kuantan MP Fuziah Salleh, who has led protests against the plant.
Andansura Rabu, whose Badar represents Beserah residents living as close as two kilometres away from the plant in the Gebeng industrial zone, said that after last Sunday’s Green Gathering had its police permit pulled at the 11th hour, locals were “getting more tense.”
“Anything can happen,” he said.
PKR vice-president Fuziah said yesterday the Kuantan Port Consortium told occupants of the port area “that Malaysia can expect the rare earth oxide from Mount Weld to arrive in Kuantan by the end of this month.”
Some 1,000 people, led by Fuziah and Bersih chairman Datuk Ambiga Sreenevasan, gathered in Kuantan over the weekend in protest against Lynas.
Lynas has refuted claims of radiation pollution, assuring Kuantan residents they would face “zero exposure.”
It is awaiting approval from the government after submitting its proposals on 11 conditions recommended by an expert review panel from the International Atomic Energy Agency (IAEA).
These include a comprehensive, long-term and detailed plan for waste management that covers decommissioning and remediation.
Although the Australian miner has denied any plans to ship in material from its Mount Weld mine, it has also said it is confident of starting operations by the end of the year.
Leaders of local anti-Lynas movements told The Malaysian Insider that after more than six months of lobbying against the RM1.3 billion refinery due to fears of radiation pollution, residents are now threatening to stop the plant at all cost.
“They are threatening to lie down in front of the factory. People are getting nervous and some are planning to move out of Kuantan,” Save Malaysia Stop Lynas chief Tan Bun Teet said.
This is despite the federal government giving its assurance that “there will be no importation of raw materials into the country, and no operational activities will be allowed on site” until Lynas meets conditions set out in July by an international team of radiation experts.
Although none of the community leaders contacted by The Malaysian Insider have planned a sit-in, they also refused to take responsibility over public anger should the government allow Lynas to bring in the ore to Kuantan port.
“I am not in control of the people. If it comes down to that (ore in Kuantan), people have said that they are prepared to sit-in,” said Kuantan MP Fuziah Salleh, who has led protests against the plant.
Andansura Rabu, whose Badar represents Beserah residents living as close as two kilometres away from the plant in the Gebeng industrial zone, said that after last Sunday’s Green Gathering had its police permit pulled at the 11th hour, locals were “getting more tense.”
“Anything can happen,” he said.
PKR vice-president Fuziah said yesterday the Kuantan Port Consortium told occupants of the port area “that Malaysia can expect the rare earth oxide from Mount Weld to arrive in Kuantan by the end of this month.”
Some 1,000 people, led by Fuziah and Bersih chairman Datuk Ambiga Sreenevasan, gathered in Kuantan over the weekend in protest against Lynas.
Lynas has refuted claims of radiation pollution, assuring Kuantan residents they would face “zero exposure.”
It is awaiting approval from the government after submitting its proposals on 11 conditions recommended by an expert review panel from the International Atomic Energy Agency (IAEA).
These include a comprehensive, long-term and detailed plan for waste management that covers decommissioning and remediation.
Tuesday, 25 October 2011
Malaysia's Petronas announces tender in Uzbekistan
TASHKENT, Uzbekistan -- The Malaysian Petronas Carigali Baisun Operating Company, a wholly-owned subsidiary of Petronas Carigali Overseas, has announced a tender for the provision of comprehensive services for the appraisal drilling in 2011-2014 under the PSA to develop gas fields in Boysun investment bloc in the Surkhandarya region in southern Uzbekistan, local media reported.
The report did not specify the parameters of the appraisal drilling program.
The principal directions of the further implementation of the PSA are conducting in-depth evaluation work to open up new and evaluate hydrocarbon reserves in the identified fields.
The bids are accepted until Nov. 21, and it will be summarized in late 2011.
The report did not specify the parameters of the appraisal drilling program.
The principal directions of the further implementation of the PSA are conducting in-depth evaluation work to open up new and evaluate hydrocarbon reserves in the identified fields.
The bids are accepted until Nov. 21, and it will be summarized in late 2011.
Monday, 24 October 2011
Dayang shares up after Murphy contract extension
Shares of Malaysian oil and gas services provider Dayang Enterprise Holdings Bhd rose as much as 5.3 per cent today after its maintenance services contract with Murphy Oil was extended.
The value of the contract was estimated to range between RM50-RM100 million (US$15.9-US$31.8 million) to provide topside maintenance services.
Dayang shares were up 4.1 per cent to RM1.77 per share as at 0824 GMT, compared to the broader market’s rise of 1.1 per cent. – Reuters
The value of the contract was estimated to range between RM50-RM100 million (US$15.9-US$31.8 million) to provide topside maintenance services.
Dayang shares were up 4.1 per cent to RM1.77 per share as at 0824 GMT, compared to the broader market’s rise of 1.1 per cent. – Reuters
Petronas to award jobs to unlicensed firms, report says
State oil firm Petronas will award contracts to unlicensed energy services companies to encourage greater competition in the oil and gas industry, The Edge weekly newspaper said citing unidentified sources.
The move would be a departure from the current practice where Petronas only hands out jobs to licensed players in certain segments such as oil and gas equipment makers and offshore support vessel operators, the report said.
The liberalisation measure is aimed at drawing more foreign investment to develop Malaysia as a regional energy hub, it added.
Petronas was not immediately available for comment.
The move would expose local energy services companies such as Malaysia Marine and Heavy Engineering Holdings Bhd , Kencana Petroleum and Ramunia Holdings Bhd to competition.
But the change would not apply to the bumiputra vendor programme, where companies controlled by ethnic Malays are given preference under a policy aimed at redistributing national wealth, The Edge said.
The move would be a departure from the current practice where Petronas only hands out jobs to licensed players in certain segments such as oil and gas equipment makers and offshore support vessel operators, the report said.
The liberalisation measure is aimed at drawing more foreign investment to develop Malaysia as a regional energy hub, it added.
Petronas was not immediately available for comment.
The move would expose local energy services companies such as Malaysia Marine and Heavy Engineering Holdings Bhd , Kencana Petroleum and Ramunia Holdings Bhd to competition.
But the change would not apply to the bumiputra vendor programme, where companies controlled by ethnic Malays are given preference under a policy aimed at redistributing national wealth, The Edge said.
Thursday, 20 October 2011
MMHE to Fabricate Topsides and Jackets for Exxon's Project, Offshore Malaysia
ExxonMobil Exploration and Production Malaysia Inc. (EMEPMI), a subsidiary of Exxon Mobil Corporation, has signed a RM236 million contract with Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) to fabricate facilities for the Telok Gas development project in offshore Terengganu.
Its chairman and president Hugh W. Thompson said MMHE will fabricate and construct the topsides and platform jackets for the project operated by ExxonMobil.
“The project will involve installation of two gas satellite platforms, Telok A and B, tied back to the existing Guntong gas hub and the installation of facilities is planned to commence in the third quater of 2012,” he said in his speech at the contract signing ceremony here today.
He said 14 development wells are planned in the project which is expected to start in the first quarter of 2013.
”This will provide additional supplies for Malaysia’s power and industrial needs and also help promote the overall growth of the natural gas sector,” he added.
Thompson said an estimated 1,400 workers will be involved in various aspects of the fabrication, project management and support services at the yard and at the site and main offices.
“The fabrication work will take appoximately 18 months and during this period, we expect that the presence of the large project workforce will also be contributing towards the local economy,” he said.
At the ceremony Thompson represented EMEPMI while MMHE was represented by its managing director-cum-chief executive officer Dominique De Soras.
De Soras in his speech said the project comprises two topsides and two corresponding jackets supporting the platforms.
“The topsides, known as Telok A and Telok B, are unmanned facilities wellhead topsides with an estimated weight of 1,735 metric tonnes (MT) and 1,648 MT respectively.
“Both topsides are expected to produce 450 million standard cubic foot (MSCF) of gas per day in the Telok field offshore peninsular Malaysia (Terengganu),” he added.
Its chairman and president Hugh W. Thompson said MMHE will fabricate and construct the topsides and platform jackets for the project operated by ExxonMobil.
“The project will involve installation of two gas satellite platforms, Telok A and B, tied back to the existing Guntong gas hub and the installation of facilities is planned to commence in the third quater of 2012,” he said in his speech at the contract signing ceremony here today.
He said 14 development wells are planned in the project which is expected to start in the first quarter of 2013.
”This will provide additional supplies for Malaysia’s power and industrial needs and also help promote the overall growth of the natural gas sector,” he added.
Thompson said an estimated 1,400 workers will be involved in various aspects of the fabrication, project management and support services at the yard and at the site and main offices.
“The fabrication work will take appoximately 18 months and during this period, we expect that the presence of the large project workforce will also be contributing towards the local economy,” he said.
At the ceremony Thompson represented EMEPMI while MMHE was represented by its managing director-cum-chief executive officer Dominique De Soras.
De Soras in his speech said the project comprises two topsides and two corresponding jackets supporting the platforms.
“The topsides, known as Telok A and Telok B, are unmanned facilities wellhead topsides with an estimated weight of 1,735 metric tonnes (MT) and 1,648 MT respectively.
“Both topsides are expected to produce 450 million standard cubic foot (MSCF) of gas per day in the Telok field offshore peninsular Malaysia (Terengganu),” he added.
CSWIP Welding Inspector 3.1 course at Shah Alam
Date :
14 ~ 18 November 2011
Time:
9.00am ~ 5.00pm
Exam date:
21 November 2011
Location:
ANGKASA TRAINING CENTER
JALAN TENGKU AMPUAN ZABEDAH
K9/9 SEC 9
40100 SHAH ALAM SELANGOR
(Behind Concorde Hotel)
Course fee & exam (initial) :
RM5,000 only
Lecturer :
From TWI
Please feel free to email us at duniandt@yahoo.com.my for further clarification.
Many thanks & best regards
Wednesday, 19 October 2011
Traditional owners meet Malaysian gas chiefs
Traditional owners from the Port Curtis Coral Coast Native Claimant Group travelled to Kuala Lumpur recently to meet with Petronas senior executives.
Gladstone resident Tony Blackman was among the delegation, which was led by Mackay-based Mal Walker. Santos Australia representatives also attended.
The delegation was briefed on the $16 billion GLNG Gladstone Project.
They were also given a tour of the Petronas LNG plant in Bintulu Sarawak - the largest stand alone LNG plant in the world.
Mr Walker said the visit could signal massive employment, training and business opportunities for Queensland's indigenous people.
"Everyone will benefit - not just Murris, all people."
"After meeting the senior executives of Petronas at the official launch of the GLNG project on Curtis Island in May this year we were extended a personal invitation to meet with them in Malaysia, to see for ourselves what impact the plant may have on our traditional lands.
"Additionally, Petronas, its partners Santos, Korea Gas and European energy conglomerate Total along with construction contractors Bechtel, have given major undertakings in regard to indigenous employment, training and business opportunities that we wished to pursue on a personal level.'
'Santos, Petronas and partners in the GLNG Project have been considerate of the community's needs, and wish to ensure that this project will leave a positive and lasting legacy, particularly in regard to the traditional owners," Mr Walker said.
Gladstone resident Tony Blackman was among the delegation, which was led by Mackay-based Mal Walker. Santos Australia representatives also attended.
The delegation was briefed on the $16 billion GLNG Gladstone Project.
They were also given a tour of the Petronas LNG plant in Bintulu Sarawak - the largest stand alone LNG plant in the world.
Mr Walker said the visit could signal massive employment, training and business opportunities for Queensland's indigenous people.
"Everyone will benefit - not just Murris, all people."
"After meeting the senior executives of Petronas at the official launch of the GLNG project on Curtis Island in May this year we were extended a personal invitation to meet with them in Malaysia, to see for ourselves what impact the plant may have on our traditional lands.
"Additionally, Petronas, its partners Santos, Korea Gas and European energy conglomerate Total along with construction contractors Bechtel, have given major undertakings in regard to indigenous employment, training and business opportunities that we wished to pursue on a personal level.'
'Santos, Petronas and partners in the GLNG Project have been considerate of the community's needs, and wish to ensure that this project will leave a positive and lasting legacy, particularly in regard to the traditional owners," Mr Walker said.
Tuesday, 18 October 2011
SILK bags Petronas Carigali jobs
SILK Holdings Bhd unit Jasa Merin (Malaysia) Sdn Bhd has been awarded three long-term charter contracts from Petronas Carigali Sdn Bhd worth RM55.3 million.
In a filing to Bursa Malaysia today, SILK said each contract is for the provision of one Anchor Handling Tug Supply Vessel (AHTSV).
The long-term contracts for two of the vessels, which will commence in October, are for a primary period of one year each, with an option to extend a further year.
The third vessel, to commence in early November, has a two-year primary contract period, with an option to extend another year.
The contracts are expected to contribute positively to SILK's earnings and net assets for the financial years ending July 31, 2012 and July 31, 2013 but will not affect the company's share capital and shareholding structure, it added.
In a filing to Bursa Malaysia today, SILK said each contract is for the provision of one Anchor Handling Tug Supply Vessel (AHTSV).
The long-term contracts for two of the vessels, which will commence in October, are for a primary period of one year each, with an option to extend a further year.
The third vessel, to commence in early November, has a two-year primary contract period, with an option to extend another year.
The contracts are expected to contribute positively to SILK's earnings and net assets for the financial years ending July 31, 2012 and July 31, 2013 but will not affect the company's share capital and shareholding structure, it added.
Friday, 14 October 2011
KNM wins US$200m Sri Lanka contractel
Units of Malaysian oil and gas services provider KNM Group Bhd’s have secured a Sri Lankan waste-to-energy plant contract worth US$200 million (RM624 million), the company said in a stock exchange filing today.
The subsidiaries, led by KNM Process Systems Sdn Bhd, will undertake the engineering, procurement, construction and commissioning of the plant in Colombo awarded by Orizon Renewable Energy (Pvt) Ltd.
Orizon is a subsidiary of Malaysia’s Octagon Consolidated Bhd. The construction of the plant will commence in the second quarter of 2012 and will be completed in 2014, Octagon said in an earlier statement.
The project is not expected to contribute positively to KNM’s financial performance until 2012. — Reuters
The subsidiaries, led by KNM Process Systems Sdn Bhd, will undertake the engineering, procurement, construction and commissioning of the plant in Colombo awarded by Orizon Renewable Energy (Pvt) Ltd.
Orizon is a subsidiary of Malaysia’s Octagon Consolidated Bhd. The construction of the plant will commence in the second quarter of 2012 and will be completed in 2014, Octagon said in an earlier statement.
The project is not expected to contribute positively to KNM’s financial performance until 2012. — Reuters
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