INSIDE HIGHLIGHTS Highlights from OTC Houston 2016• MY Pavilion launch and walkabout by En. Zamri...

• Tour toHouston TechnologyCentre(HTC)alongwithMIDA,MATRADEand4SMEs(ProEight,OTI,MIT,&EnergyQuest).

• MYPavilionlaunchandwalkaboutbyEn.ZamriJusoh,VicePresidentofMalaysiaPetroleumManagement,PETRONAS.

• Represented KL in the 2nd officialWECPworkingmeeting.

• MYPavilionvisitbyWECPPresident,TheHonorableMichaelSavage,MayorofHalifaxRegionalMunicipality,and

AsOTCAsiacloseditscurtainsonthe25ofMarch2016,MPRConceagain

embarkedonanotherOTCchapter, thistimeattheNRGPark,Houston,Texas,USAonthe2Mayto5May2016forthefifthconsecutiveyear.Morethan12Malaysianoil&gascorporationsincludingMuhibbahEngineering, InternationalConference&

ExhibitionProfessional(iCEP),10Oil&GasSMEsaswellasanumberofgovernmentagenciesparticipatedintheannualOTCHouston conference to showcase theircapabilitiesandpromoteMalaysia’sroleasthepreferreddestinationforoil&gasservicesandequipment(OGSE)activities.

J u l y 2 0 1 6 V O L U M E 1 9

e-NEWSLETTER

Highlights from OTC Houston 2016

HIGHLIGHTSINSIDEHIGHLIGHTS

EVENTS

PROMOTIONS

PRESS RELEASE

1 Highlights from OTC Houston 2016

3 SMM Oil & Gas to Iran: 3rd to 9th May 2016

12 MPRC-MATRADE Returns to OTC Houston, Malaysia OGSE Innovations in Spotlight

OTHERS

13 Industry Calendar

14 MPRC registration

Insights from MPRC Oil & Gas Innovation Forum7

McDermott Asia Head-Quarters Office Opening in Kuala Lumpur9

5th Sabah Oil & Gas Conference and Exhibition9

CiTECH Delivers 2 CiBAS WHRUs to Bardegg-2 Baronia Project9

ESTCON 2016:Making Waves in the Industry11

Introduction to MPRC OGSE Financial Assistance Catalogue 201610

MOGEC HAZOP Training For Team Members – A Practical Approach10

10 Be part of MOGSEC 2016

MPRC Industry Networking and Talk #2- Enabling SME Growth for Future Succses5

MPRC Industry Networking and Talk #1- OGSE Landscape and Business Opportunities in Brazil

5

(Fromleft)RusiahMohamed,KuaKiatChye,EnMuhammadZamriJusoh,IrDrShahreenMadros,SyedAzlanSyedIbrahim,duringtheplaquegivingceremonyintheMalaysiaPavillionatOTCHouston2016

Key Highlights fromt OTC Houston 2016

12Malaysia Companies Exhibited Under the

Malaysia Pavilion

4Government

Agencies Participated

8Industry Talks at Malaysia Pavilion

2nd

WECP Working Meeting

Malaysia Pavilion Launch and Walkabout lead by

En Zamri Jusoh, Vice President of Malaysia

Petroleum ManagementExternal Meetings

Organised

2Business

Matchings

125Meetings with Target MNCs

6

WECP Vice President, Mr. GarethMorgan,PrincipalTrade&InvestmentOfficer,CityofCapeTown.

• HoustonTechnologyCentre(HTC)andScottish Development International(SDI)sharedtheirrespectiveareasofexpertiseandinterestforcollaborationwithMalaysianplayersatthe2ndMYPavilionIndustryTalk.

• 125businessmatchingsfrommorethan35internationalcompaniesfromKorea,theUK,US,andtheMiddleEast.

RM1.30 billion generated in

potential sales (source: MATRADE)

DATE: 9September2016(Friday)

Write in to [email protected] to know more.

UPCOMING EVENT

mailto:industry.talk%40mprc.gov.my?subject=MPRC%20Industry%20Networking%20Talk

Continued from page 1

Highlights from OTC Houston 2016

GroupphotoofMalaysiaPavillionorganisers,MPRCandMATRADEwithMalaysiaPavillionExhibitorsatOTCHouston2016.

MITTechnologies’sManagingDirector,AhmedTahoun(farleft),explainingtheirproducts&servicestoEnMuhammadZamriJusoh,PETRONAS’VicePresident,MalaysiaPetroleumManagementaccompanybyIrDrShahreenMadros,MPRC’sExecutiveDirector,duringthePETRONASVIPTouratMalaysiaPavillionontheseconddayofOTCHouston2016.

TheMalaysiaPavilionthemed“Connect,PartnerandGrow”atOTCHouston2016.

SidVinyard,externalspeakerfromHoustonTechnologyCentre,Asia&MiddleEastdeliveringhistalkonHoustonTechnologyCentre(HTC)-USandprogrammesbyHTC-AsiaattheMalaysiaPavillionIndustryTalkarea.

EnMuhammadZamriJusoh(2ndfromright),PETRONAS’VicePresident,MalaysiaPetroleumManagementbeingbriefedbyBobJeffryofProEightSdn.Bhd.(farleft)duringthePETRONASVIPTouratMalaysiaPavillionontheseconddayofOTCHouston2016.

Groupphoto:MalaysiaPavillionorganisers,MPRCandMATRADEwithOTCHoustonChairman.(Fromlefttoright)AhmadAzwanAhmadShukor,HalimathonAhmad,KuaKiatChye,IrDrShahreenMadros,JoeFowler,StephenGraham,RusiahMohamed,StephanieGillett

MayorMikeSavagedeliveringhisopeningremarksatWECP2016NetworkingReception.

2 MPRCe-Newsletter| July2016| VOLUME 19

SMM Oil & Gas to Iran- 3rd to 9th May 2016HIGHLIGHTS

Iran is rebuilding its energy industryand seek to restore sales of crudeto international markets after US andEuropean Union sanctions were liftedin January 2016. Six months on, Iranis gearing up for tenders on oilfielddevelopmentrightstoIOCs.

Itsgoal: forproductionandexportstorise back to pre-sanctions level. Thethird-largestOPECproducerafterSaudiArabiaandIraqwaspumping4.2millionbarrels of oil a day towards end-2011,before theUSandEU intensifiedtheirsanctions.Tocircumventthesanctionsimposed between end-2 011 and end-2015, Iran adopted an “economy ofresistance”,focusingondevelopingaself-relianteconomy,increasinginvestments

O&G Opportunities in Post-Sanctions Iran

abroadandreducingtaxestoencouragedomesticindustries.

Bydevelopingindigenoustechnologyandexpertise,Irancontinuedtoproduceoil,albeitata lowerrate. In2013, Iran’soilproductiontotalled2.7millionbarrelsand2.8millionbarrelsin2014.

Thecountry’soilandgasindustryisincriticalneed of technology upgrade—improvedoil recovery and enhanced oil recovery,reservoirmodellingandmanagement,andoffshore—if itaims toboostproduction,therebypresentinginvestmentopportunitiesforMalaysianOGSEfirms.

Evidenceofgrowinginternationalinterestin Iran’s oil and gas industry can begaugedfromthestrongattendanceat

SERVICES Inspection, Testing, Accreditation, Asset Integrity Management, HSE

Training, Manpower Supply

TECHNOLOGY IOR/EOR-related technologies Reservoir modelling and management

Offshore expertise

SOURCINGPetroleum & petroleum-related products

INVESTMENT Upstream & downstream segments In-country facilities.

IRAN O&G OPPORTUNITIES FOR MALAYSIAN OGSE FIRMS

REFINERY

UPSTREAM

• Currentreservesestimatedat157.8billionbarrelsofoil(9.3%oftheworld’stotaloil)and34trillioncubicmetersofgas(18.2%ofworld’stotalnaturalgasreserves)

• 70%ofIran’scrudeoilreservesarelocatedonshore

DOWNSTREAM

• Planstoadd1.8mmb/dinrefiningcapacity;totalrefiningcapacitytargetby2019:3.5mmb/d

• Threemajoron-goingrefineryconstructionprojects:PersianGulfStarRefinery,SirafComprehensiveRefineryProjectandAnahitaRefinery

LNGDOWNSTREAM

• Plans to establish LNG facility (Iran LNG Co.)consistingof2LNGtrains,eachwithacapacity5.4mtoeperannum;targetcompleteddate2019

PETRO-CHEMICAL

DOWNSTREAM

• Largestpetrochemicalsproducer inMiddleEastwithannualoutputat54.7milliontonnes.Planstoincreaseannualoutputto105milliontons

• 280operationalfacilities

• 55newpetrochemicalprojectsinvariousstagesofplanningandcompletion.

• Largestpetrochemicalsproducer inMiddleEastwithtotalannualoutputat54.7million

its21stInternationalOil&Gas,Refining&PetrochemicalExhibitioninMay2016.Theeventattractedover100,000tradevisitorsand200exhibitors.Thisincludedas well national pavilions from China,SouthKorea, Spain,Austria,Denmark,France,Italy,theNetherlands,JapanandMalaysiaamongothers.

Atotalof11MalaysiaOGSEcompaniesparticipated in MATRADE’s inauguralspecialisedmarketingmission to Iranandtheexhibition.Theparticipatingfirmsexpressedoptimismabouttheirabilitytodobusiness in Iranwithin thenext12-18months, inviewof Iran’sdemandforservicessuchaspipelineinspectionsolution,mechanicalpipelineandpipingservices.


MPRC Industry Networking and Talk #1 EVENTS

OGSE Landscape and Business Opportunities in Brazil

foreign firms, from international oilcompaniestoserviceproviders,asstate-controlled oil company Petrobras stillplans to investaroundUS$98.4billionbetween2015and2019—althoughthisis significantly lower than the originalforecast of US$130.3 billion. Currentlytheworld’smostindebtedoilcompany,Petrobrashascommencedsaleofsomeofitsassets,trimmedcapitalexpenditureinabidtoreducedebt.

“Itisimportanttonotethatinternationaloperators’shareofproduction[inBrazil]have risen steadily in recent years,”Ferreirasaid,therebysignallingpotentialjobs. The Brazilian government alsoannouncedsomechangesthatallowmoreoperatorsbesidesPetrobrastoparticipateinBrazil’soilandgasindustry.

Apex’sFerreiraadded that “There isawindow of opportunity for Malaysianplayers. In many ways, Malaysian andBrazilianfirmssharealotofsimilarities,with themove to deeper waters. Thetechnological challenges are similarandwebelieveuniquebenefitscanbefoundwithMalaysian firms partneringwithBraziliancompaniesto jointlytapopportunities[inBrazil]viatheBrazilianPetroleumPartnershipProgrammes,”hesaid,addingthat21Brazilianfirmsfromthe subsea and naval parts segmentsuch as Micromazza, TMSA and DelpEngineeringwerepartoftheBPPP.

In April, MPRC hosted an industrynetworking and talk on oil & gas

opportunitiesinBrazil.RepresentativesfromtheNationalOrganisationof thePetroleumIndustry(ONIP)andBrazil’stradeandinvestmentpromotionagencyApex-BrasilsharedwithindustryplayersBrazil’sdeepwateropportunitiesoffshoreas well as thoughtful insights on thecurrent political developments in thenation. Participants also learnt aboutthenation’slocalcontentobligationsinitsoilandgas industry.StoryandkeystatisticsonBrazilbelow.

Looking to Brazil

The oil and gas industry has been amainstay of Brazil’s economy for thelast decade, accounting about 12%of the Latin American nation’s GDP.Recentoffshoreoilandgasdiscoverieshave made Brazil one of the world’smajorproducers,thusprovidingampleinvestmentandpartnershipopportunitiesforsuppliersaroundtheworld,includingMalaysia’s oil and gas services andequipmentcompanies.

Itisworthnotingthatmuchofthenationcontinues to be underexplored—thisincludestheSantosandCamposbasin.Withanalystspeggingpre-saltoffshoreareainBraziltocontain56billionbarrelsof oil, Brazil’s geological opportunitycontinuestobeattractivetoforeignIOCs.

AtMPRC’s recent industrynetworkingand talk session on Brazil, MPRCexecutive director Ir Dr ShahreenMadrosopinedthatwithbothMalaysiaandBrazilpushingdeeperand fartherintotechnologicallydifficultfieldsforoildeposits,opportunitiesaboundforbothnationstocollaborateanddevelopcost-effectivesolutions.

“IseeplentyofopportunitiesforMalaysianOGSEfirmstoexpandtheirpresenceinBrazil. Similar toBrazil,we are seeingtheshifttodeeperwatersandmarginalfields in the search for oil deposits inMalaysia.Sothereisasignificantoverlapintechnologyandcapabilitiesthatwecantapinto,”hesaid.

APEX-Brasil’s representative SergioFerreirra shared that sentiment,emphasising ample opportunities for More on next page

MPRC’sPromotionandBusinessOpportunitiesteaminagroupphotowiththeesteemedspeakers,AloisioNobregafromNationalOrganizationofthePetroleumIndustry,BrazilandSergioFariasFerreirafromtheBrazilianTradeandInvestmentAgency

Opportunities in Libra Field

Brazilhasprovenoilreservesof14billionbarrels,makingitthe15thlargestoilandgasplayer intheworld.However, largeand promising discoveries in pre-saltarea in recent years couldmakeBrazilthe6thlargestproducerwithoilreservesestimatesreaching42billionbarrels.

“What Iwant topointout is that thesediscoveriesinoneofthelargefields,suchastheLibrafield,areundeveloped.ThereservesestimateforLibrafieldisastonishing.YetPetrobras does not have the financialstrengthnorthecapabilitytodevelopthisfield.Tome,thisisawonderfulproblemasitgivesopportunitytoforeignplayerstoparticipateinthisexcitingdevelopment,”saidAloisioNobrega,adirectoratONIP,a national organisationwhich serves asintermediaryforthecooperationbetweenupstream, midstream and downstreamcompanies, as well as suppliers andgovernmentwithintheoilsectorinordertoenhanceindustrycompetitiveness.

LocatedintheSantosbasinabout170kmsouthofRiodeJaneiro, thevastLibrafield was discovered in October 2010andhasoilreservesestimatedat12billionbarrels.Brazil’snationalPetroleumAgencyexpectsLibratoproducemorethanBrazil’scurrentoilfieldscombined:Roncador,Lula,Jubarte,MarlimSulandMarlim.



MPRC Industry Networking and Talk #1

Political, Local Content Concerns

WhileBrazil’soilandgas isoneof themost economically interesting industryinthecountry,thecountryhassunkintotheworstrecessionin25years.Businessconfidence was also undermined by aturbulentpoliticalsituation.

Askedwhetherdevelopmentinoil&gaswill be curtained significantly due toBrazil’spoliticalsituation.Nobregasharedthat“theoildiscoveriesareundercontract,andthus,thereisanobligationtocompletethecontracts.”

“WithPetrobrasinturmoil, internationaloilcompanieswillthereforeplayamoreimportant role in Brazil’s oil and gaslandscape.SoIhavenodoubtthattheoilandgasdevelopmentwillgoon.Itisstilleconomicallyviabletoexploreandproduce,”Nobregasaid.

In Nobrega’s second part of hispresentation,heexplainedthatthelocalcontent policy that was launched in2003,hasreachedacriticalphaseforthecountry,requiringatleast35%ofgoodsandservicestobesourcedfromdomestic

suppliers in exploration phase. In thecaseofLibrafield,thelocalcontentforproductionisaround50%to59%.

“The goal of the Brazilian governmentis to boost local content through asustainableway.Thereisahugedemandfor subsea but the existing Brazilian

suppliersaren’tequippedtomanufacturesubseahardware,leadingtoabacklogofdemandandrequirement.ThatiswhyIamhereinMalaysia.MalaysianfirmshavetheexperienceandexistingexpertiseinsubseatogotoBrazilandestablishyourfirmsthere.”

MPRC Industry Networking and Talk #2EVENTS

AtMPRC’ssecondindustrynetworkingandtalksessioninMay,participants

fromtheSMEsegmentofMalaysia’soil& gas services and equipment (OGSE)industrylearntaboutthevariousinitiativesand programmes that are in place tofacilitategrowthandcontributionoftheSMEstoMalaysia’seconomicgrowth.

BasedondatabyPETRONAS,Malaysia’snational oil company, about 82% ofthe 3613 companies registered withPETRONASareSMEs.

MPRC’sexecutivedirectorIrDrShahreenMadrossaid:“Whatisworthnotingisthatofthe3,613companies,lessthan5%haveventuredoutsideMalaysia.MalaysianSMEs

Enabling SME Growth for Future Success

areinwardlooking,andagainstthecurrentmarket landscape, there are significantconsequencesifSMEsdonotadjusttheirbusinessproposition.”

The event also included presentationsbySMECorporationBhdandSMEBankMalaysia. Representing SME Corp’sBusinessAdvisoryandSupportDivision,GhazaliHamzahsharedtheorganisation’swide-ranging initiatives aimed at thedevelopmentofdynamiccompetitiveandresilientSMEsintheMalaysianeconomy.Chief among these initiatives were theBusinessAcceleratorProgramme,ajointinitiativebetweenSMECorpandSMEBanktoassistSMEsinstrengtheningtheircorebusiness,buildcapacityandcapabilityin

ordertobettercompeteindomesticandglobaleconomies.

SME Bank’s Mohd Azhar Mohd Yusof,whoheadsthebank’sBusinessBankingdepartment said with increased callsfor consolidation within the oil & gassegment,thebankintroduceditsEquityFinancingProgrammethatwillhelptoincreaseBumiputeraequityownershiponBursaMalaysia.

“We’ve seen and heard about calls forconsolidation in oil and gas. To helpBumiputeraSMEscatchup,therearethreeprogrammeseligibleBumiputerafirmscanundertake,namelytheBumiputeraEquityFinancingFacility,BumiputeraFinancingFund and the Bumiputera SME EquityFinancingFacility,foracquisitionpurposes,”MohdAzharsaid.

For companies seeking financing forspecificcontractsawardedbygovernmentministries,departmentsoragencies,SMEBank’sSpecialisedBankingDepartmentHeadAzharKasanhighlighteditscontractfinancingschemeasanidealsolutiontoSMEs.

“Thepurposeof the contract financingschemeistohelpfinancetheimplementationofcontractsSMEshavesecureduntilfullcompletion[ofcontract]. InthecaseofOGSESMEs,aslongasSMEsareregisteredwithPETRONAS,thenwewouldbewell-placed tofinanceyourcontract,”Azharsaid.ViewthenextpageforanoverviewonSMECorpandSMEBankinitiativesforOGSESMEs.

More on next page

AT A GLANCE

Brazil Oil & Gas accounts 12% of the country’s GDP

Petrobras earmarked US$98.4 billion for 2015-2019 Investment Plan (revised down from previous estimate of US$130.3 billion)

Brazil’s oil and gas reserves are more than 300 km off its coast and 7,000m below ocean surface, beneath a thick layer of salt, sand and rocks. This makes exploration and extraction expensive due to the vast infrastructure as well as technological advances required to do so

The Libra Field was discovered in 2010 and covers a total area of around 1,500 square kilometres, more than double the entire area of Singapore. Estimated oil reserves around 12 billion barrels

Brazilian Petroleum Partnership Programme (BPPP) is a joint programme between ONIP and Apex Brasil to assist select Brazilian companies in seeking international partners to tap into oil & gas opportunities in Brazil

A total of 21 Brazilian companies from two priorty segments: subsea and naval parts subsectors are looking for international partnerships with Malaysian and Singaporean oil and gas services and equipment companies

(Fromleft)GhazaliBinHamzah,SeniorManager,BusinessAdvisory&SupportDivision,SMECorporationMalaysia,AzharKasan,Head,SpecialisedBankingDepartment,SMEBank,IrDrShahreenMadros,ExecutiveDirector,MPRC,MohdAzharMohdYusof,Head,BusinessBankingDepartment,SMEBank,JamesChan,VicePresident,IndustryandMarketEnabler,MPRC.


FINANCING PROGRAMME

• Mustdemonstratetheabilityto

controlorinfluencetheFLCor

havepotentialforlisting

• Financing:UptoRM50milor

more

• Marginoffinancing:Upto95%

• Tenure:Upto15years

• Listing‘story’notrequired.

• Seller/Vendorneednot tobe

Government/StateLinkedEntity

• Financing:Min.RM2mil&max.

RM10mil

• Marginoffinancing:Upto90%


• To support Government’s

Bumiputera agenda as per

NationalBudget2014

• For eligible Bumiputera

companies to takeover listed

companies/potentialforlisting

• Toencouragein-organicgrowth

byBumiputeraSMEs

Bumiputera Equity Financing Facility (EquiBumi)

Bumipetera SME Equity Financing Facility (BASE)

PURPOSE

KEY FEATURES

Bumiputera Financing Fund Facility (BFF)

• TosupportGovernment’s

mandateasperNational

Budget2013

• Toencourageentreprenueurship

andincreaseBumiputeraequity

participationinprivatesector

• Seller or Vendor must be

Government/StateLinkedEntity

• Financing:UptoRM50milor

more

• Marginoffinancing:upto95%


26 May 2016MPRC Industry Networking and Talk 2016


MPRC Industry Networking and Talk #2

SME Bank’s Contract Financing Scheme

• ContractFinancingSchemeisafinancingpackagebasedonproductbundlingconceptofSMEBank’sexistingfinancingfacilities

• TheschemeoffersfinancingtocustomerswhoareMainContractorsorNominatedSub-Contractorshavingsecuredcontract(s)fromapprovedawardingpartiesmainlygovernmentministries,departmentandagencies.

Collateral

Financing Concept

Financing Limit

Margin of Financing

Subject

Pre-Implementation Financing• Guarantees(asrequiredunderthecontracts)WorkingCapitalFinancing

Post-Completion Financing• Financingreceivablesduefromawardingparties,basedondiscountingofinvoices

alreadysubmittedtoaawardingorprogressclaimsdulycertifiedbytheawarding

partiesawardingparties’representative

RM750,000andabove (Guidedby thehighestdeficitposition fromthecontract’sprojectedcashflow)

Upto90%ofthecontractcost

Cash Collateral Placement• Bank Guarantee (Performance Bond and other contract related security deposits)

=Minimum 30% of the BG limit

• AdvancePaymentGuarantee(APG)=Between 30% and 50% of the APG limit

• OtherPre-FinancingFacilities=Minimum 10% of limit

Sinking Funds Deduction• Effecteduponreceiptofeverycollectionproceeds

Salient Features

EQUITY FINANCING PROGRAMME


EVENTS

Insights from MPRC Oil & Gas Innovation Forum

O il & gas services and equipmentcompanies (OGSE) in Malaysia

continue to invest in technologydevelopmentandinnovationdespitethecurrent stateof theglobal oil andgaslandscape.

AtMPRC’srecentOilandGasInnovationForum(OGIF)2016,wesawexpertsfromlocalandglobalcompanies reaffirmingcommitmentsoninnovationforsolutionsin greater efficiency and effectiveness.The forum gathered a diverse groupof individuals from the oil and gascommunity—fromtheoperatorstomajorserviceproviders,SMEsandresearchers—to explore industry collaboration ontechnologydevelopmentandsparknewideas in theOGSE industry.MPRCalsocarriedoutasurveywithforumparticipantsto learn about their current standingtowardsresearchanddevelopmentandthedevelopmentofindigenoustechnologies.

The survey outlined positive trends oftechnology development in the nexttwoyears.Atleast50%oflocalmid-tierOGSE companies are increasing R&Dexpenditure,particularlyinacquisitionoftechnology,whileanoverwhelming90%ofsmall-andmedium-sizedOGSEfirmsareinvestinginresearchanddevelopmentthrough collaborative efforts betweenUniversitiesandtheirrespectivein-houseR&Dteams.

Alsofromthesurvey,90%oflargeOGSEcompanies inMalaysia spendingon in-houseresearchcapabilitiesandacquisitionofnewtechnologies.

Theramp-upinR&Dduringadownturnin oil prices is hardly surprising, givenhowtechnologyisincreasinglybecomingan integral component of products forall manufacturers, not just within thetechnologysphere.Companiesalsorealisethattheirfutureandnear-termprofitabilityhingesongrowthdriversandnewproducts.

MPRC’s survey also found that OGSEcompanies are increasingly open orturning to external collaboration withuniversities. Following the one-day

OGIF2016,UniversitiTeknologiPetronas,UniversitiTeknologiMalaysiaandUniversitiMalayahaveembarkedondiscussionswithOGSEfirmsforcollaborationintechnologydevelopment.

Moving forward, asOGSEfirms chargeaheadwithtechnologydevelopment,beitinhouseorthroughcollaborativeeffortswithuniversities,establishinganenablingenvironmentiskeytogiveresearchersandinnovatorstheroomneededtoexperimentandinvent.

TheOil&GasInnovationForum(OGIF)2016bringstogethersomeofthemostinfluentialmembersoftheoil&gasbusinessandtechnologycommunitytodiscussnewideas,developmentsandtrendsintheOGSEsector.

Companies Charging Ahead with R&D Amid Oil Patch

• 1.90% of Large Companies are undertaking R&D, main modes are In-House and Technology Acquisition

• 2.50% of Mid-Tier OGSEs are increasing R&D spending, main mode is via Technology Acquisition

• 3.More than 90% SMEs are spending on R&D; main R&D modes are collaboration with Universities and In-House R&D teams

• 4.As OGSEs are inclined towards R&D, the setup of an Enabling environment is key

Overview of R&D Spending by Major OGSE Firms, Mid-Tier Co’s and SMEs in Malaysia

University

In-HouseR&D

TechnologyAcquisition

Decrease Spending Maintain Spending Increase Spending



Insights from MPRC Oil & Gas Innovation Forum

AsnapshotoftheQ&AsessionattheOGIF2016.

MohammadAzmelHarunRasheed,VicePresident,HumanCapital&TechnologyDevelopment,deliveringhisclosingremarks.

ParticipantsatOGIF2016networkingsession.

PanelspeakersVickneswaranVeloo(SCOMI)andZulkifleeIdrus(SOLARALERT)discussedpotentialcollaborationopportunitiesonchemicalsandsubsea-marinetechnologieswithmoderatorIrMegatZarimanAbdulRahim.

(FromLeft)AzleeAhmad,RahimiAbdulWahab,KeithCollins(Moderator)

(FromLeft)IrDrShahreenMadros,AhmedTahoun,MohdRazaliMohdNazir,SharifahZaidaNurlishaSyedIbrahim(Moderator)


CiTECH Delivers 2 CiBAS WHRUs to Bardegg-2 Baronia Project

EVENTS

EVENTS

EVENTS

The5thSabahOil&GasConferenceandExhibitionwasheldattheMagellanSuteraResort,onMay23-24,withthethemeof“OpportunitiesandGrowthintheSabahoil&GasIndustry–Findinganewbalance”.The2-dayconferencesaw internationalandlocalexhibitorsshowcasingthelatestequipment,technologyandsolutionstodemonstrate competitive advantagesandcompetenciesspecificallyintheoil&gasindustry.TheconferenceservedasanidealplatformforindustryplayerstoshareoperationalinsightsaswellasrolesthatarerequiredtotapintoMalaysia’supstreamanddownstreampotential.

April15marksanothermilestoneforMc-Dermott,aleadingproviderofintegratedengineering procurement, constructionand installation (EPIC) services foroffshoreandsubseafielddevelopmentsworldwide.McDermottestablisheditsAsiaheadquarters inKuala Lumpur, toworkcloselywiththeirclients,movingforward.Themove is alsopartof a larger trendwhichsawOGSEmultinationalcompaniesmovingitsoperationsfromSingaporetocost-efficientcitiessuchasKualaLumpur--increasinglyrecognisedasaregionalhubforoil&gasindustry.

5TH Sabah Oil & Gas Conference and Exhibition

McDermott Asia Headquarters Office Opening in Kuala Lumpur

EnMuhammadZamriJusohspeakingatthe5thSabahOilandGasConferenceandExhibition(SOGCE)2016

VIPsandattendeesnetworkingandexchangingstorieswithoneanother

MrHughCuthbertson,thevice-presidentandgeneralmanagerforAsia-Pacific,speakingduringtheMCDermottAsiaHeadquartersopeningeventinKualaLumpur

5thSabahOil&GasConference&Exhibition2016openingandlaunchingceremonyofficiatedbyDatukRaymondTanShuKiah,MinisterofIndustrialDevelopmentforSabah

CiTECH Delivers 2 CiBAS WHRUs to Bardegg-2 Baronia Project

CiTECH, a member of the MuhibbahEngineering group of companies, hasdeliveredtwospecialisedheatrecoverypackages or CiBAS WHRUs for theBardegg-2Baroniaproject.

TheWasteHeatRecoveryUnitsorWHRUsare a staple of the oil & gas industry,capturingthermalenergy(heat)fromgasturbineexhaustandapplyingtheenergyelsewhereintheplanttoreduceoperatingcosts. Compared to a conventionalWHRU,theCiBASWHRUofferimprovedefficienciessuchasreduction inoverallweight and space, making it an idealsolutionforoffshoreplatformsandfloatingvesselsincurrentmarketconditions.

AllWHRUsrequireaheatexchangecoiland,abypasssystem(tocontroltheamountofheatrecovered);asilencerisalsorequiredwithintheutilitiespackagetoreducethegasturbinenoiseoutputtoacceptablelevels.WhileatraditionalWHRU(TWHRU)install

Groupphotoduringtheribbon-cuttingceremonytocelebrateCiTECH’scompletionof2xCiBASWHRUsforBardeggBaroniaCPP

For more information on CiBAS you can visit www.citech.co.uk; if you are looking for a compact WHRU solution, you can contact either [email protected] or [email protected] for a consultation.

thesecomponentsoneatopanother,theCiBAScontainsallthesekeycomponentsatthesameheight,withineachother,i.e.thecoilisbuiltaroundthebypasssystem,whichisbuiltaroundthesilencer.TheresultisalowerCOG,lessductingand,reducedpackageweight,whichleadstosignificantlyreducedcapitalcost.

ACiBASunitispre-assembledatCiTECH’sfactoryandincludesapre-installedsupportstructure,resultinginfastturnaroundtimefor installationandcommissioning.Thesavingsoninstallationlabourissignificant,but,therealbenefitisitallowstheEPCinstallationteamstofocusonotherissuesanddelivertheprojectonschedule.

Key benefits to owners

CiBASusesauniquesleevetypebypasssystem,whichonlymovesverticallyupordown.ThesleeveisCiBAS’sonlymovingpart, making it easy to understand &troubleshoot.Furthermore,thesleeveanditssealingedgesaremaintenancefree.

Theonlymaintenanceisrequiredfortheexternalpanelonly,andcanbeperformedwhileGTisrunning.ThebenefitislesstimeandmoneyspentonCiBASthanaTWHRU.


MOGEC- HAZOP Training for Team MemberPROMOTIONS

Per Participant (MOGEC Company Member)

Per Participant (non-MOGEC Company Member)

REGISTRATION FEE

RM 850.00

RM 1, 150.00

NORMAL

TheMalaysianOil&GasEngineeringCouncil(MOGEC)invitesyoutoattendtheHAZOPTrainingforTeamMembers-A

Practical Approach. A Hazard and Operability study is aformal,systematicanddetailedexaminationof theprocessandengineeringintentionsofneworexistingfacilitieswhichassessesthehazardpotentialandeffectsonthefacilityasawholewhenoperation isoutsideofthedesignenvelope,orindividualitemsofequipmentmalfunction.

Who should attend:

• EngineerswhoareexpectedtocontributetoaHAZOPsessionandwishtoimprovetheirefficiency.

• ProjectManagerswhowishtounderstandtheoutcomeandresourcesofaHAZOPsession.

• BusinessDevelopmentExecutiveswhoneedtounderstandwhereaHAZOPcontributestoaproject.

Training Details:

• Date:16thAugust2016(Tuesday)

• Time:9.00am-5.00pm

• Venue:HiltonHotel,PJ

Closing Date:

• 16thJuly2016(Saturday)

For further details please contact Khasmah/ Hidayah at 03-21813153.

Companies Charging Ahead with R&D Amid Oil Patch

Be part of MOGSEC 2016

Introduction to MPRC OGSE Financial Assistance Catalogue 2016

If your organisation wishes to participate in the upcoming MPRC Pavilion at OGSEC 2016, please email to [email protected] (Universities) [email protected] (Financial Institution)

PROMOTIONS

PROMOTIONS

The3rdMalaysianOil&GasServicesExhibitionandConferences(MOGSEC2016)willbeheldon28-30September2016

atKualaLumpurConventionCentre.MOGSEC2016willbeanexcellentavenuetomeet,discussandacquirethelatestintheregionalOilandGasindustry!

Recognisingtheneedstobridgetheoil&gasfirmswithourlocalacademicinstitutionsandthefinancial institutions,MPRCwillorganiseapavilioninMOGSEC2016toshowcaseabroadrange

Wearethrilledtoannounceanewpublicationthatwearecurrentlyworkingon,theMPRCOGSEFinancialAssistance

Catalogue2016.Thepublicationwillbethefirstcomprehensiveguidetogrants,loansandtaxincentivesprovidedbyMalaysian

governmentagenciesandDevelopmentFinancialinstitutionsthatarerelevanttotheoil&gasservicesandequipment(OGSE)sector.Staytunedformoreupdates!Alternatively,[email protected].

ofavailableoil&gascoursesandR&Dprogrammesofferedbylocaluniversitiesaswellastheavailablefinancialassistancesbythefinancialinstitutions.

Throughthisplatform,thefinancialinstitutionsandtheacademicinstitutionscanexploreopportunitiesoncollaboratingwiththelocaloil&gasfirms.

MPRCinvitesparticipationtoMOGSEC2016,andjoinourMPRCPavilionforBETTERaccess!


UniversitiTeknologiPETRONAS(UTP)willbeorganising theWorldEngineering,

Science and Technology Congress(ESTCON2016)withthesupportfromMinistryof Higher Education, Ministry of ScienceTechnologyandInnovationandYayasanUTP.

The main partners for exhibition arePlaTCOMVenturesSdnBhdandMalaysiaDigitalEconomyCorporation.Thecongresswillbeheldfrom15to17August2016atKualaLumpurConventionCentre.

Heldbienniallysince2010,ESTCON2016isanexcellent“centrestage”forknowledgesharing, intellectual discussions andnetworkingonvariousareasofinterestsforallacademics,researchers,scientists,engineers, interest groups and industryexpertsfromallaroundtheworld.

Morethan1,400speakersanddelegateswillconvergetothiseventwithananticipated3,000turnoutfromuniversities,industriesandthegeneralpublic.

Thethemeofthecongressis“Engineering,Science, Technology and Humanities:ConvergenceforaSustainableFuture.”Itstressesthebridgingofallcommunityofexpertsinresearchandinnovationthroughexchangeofknowledgeandideasamongresearchersand industries fromvariouscountriesintheworldforthebettermentofthesociety.

ESTCON2016: MAKING WAVES IN THE INDUSTRY

PROMOTION

UTP invites the industry to register as participants for the congress. To register or for more information, please visit http://www.utp.edu.my/estcon2016/

ESTCON2016 is the largest congress in the world with nine simultaneously-held international conferences:

• InternationalConferenceonIntegratedPetroleumEngineering&Geosciences(ICIPEG2016)

• International Conference on Civil,Offshore&EnvironmentalEngineering(ICCOEE2016)

• InternationalConferenceonProduction,EnergyandReliability(ICPER2016)

• International Conference on ProcessEngineeringandAdvancedMaterials(ICPEAM2016)

• InternationalConferenceonIntelligentandAdvancedSystems(ICIAS2016)

• InternationalConferenceonComputer&InformationSciences(ICCOINS2016)

• International Conference onFundamental and Applied Sciences(ICFAS2016)

• InternationalConferenceonLeadershipandManagement(ICLM2016)and

• InternationalConferenceonHumanitiesandSocialSciences(ICHSS2016)

YBDato'SeriIdrisJusoh,MinisterofHigherEducationwillofficiatethecongress,whiletheclosingceremonywillbeofficiatedbyYBDatukSeriPanglimaMadiusTangau,Minister of Science, Technology andInnovation.

TworeputablespeakerswillbedeliveringkeynoteaddressesduringESTCON2016opening ceremony. They are DatukWanZulkifleeWanAriffin,PETRONASPresident and Group Chief ExecutiveOfficerwiththetopic“ChallengesandIssuesandWayForwardRelatedtoOilPrices’andProfJackieY.Ying,ExecutiveDirector,InstituteofBioengineeringandNanotechnology,Singaporewiththetopic“Nanotechnology–Science,Engineering,TechnologyandEntrepreneurship.”


http://www.utp.edu.my/estcon2016

MPRC-MATRADE Returns to OTC Houston, Malaysia OGSE Innovations in Spotlight

MPRC PRESS RELEASE

Malaysia Petroleum ResourcesCorporation(MPRC),incollaboration

with the Malaysia External TradeDevelopment Corporation (MATRADE)showcasedthecapabilitiesof11Malaysia-basedoilandgasservicesandequipmentcompanies at the recent OffshoreTechnologyConference inHouston, thelargestoilandgassectortradeshowintheindustry.

Thecompanies,comprisingamixofsmall-mediumenterprisesandcorporations,aswellasMPRCandMATRADEwerehousedundertheMalaysiaPavilionthemed,“GrowinAsiafromMalaysia.”TomarkMPRCandMATRADE’s5thjointparticipationatoneofthemostestablishedandimportantplatformforoil andgas technology,MuhammadZamri Jusoh, Vice President, MalaysiaPetroleum Management, PETRONASlaunchedtheMalaysiaPaviliononMay3,2016,followedbyaPETRONASVIPtouroftheMalaysiaPavilion.Attheconference,the11companiesalsosuccessfullysecuredpotentialsalesofRM1.30billion,accordingtodataprovidedbyMATRADE.

Overthe4-dayconference,11representativesfromMalaysia’sleadingoilandgasservicesandequipment(OGSE)firmsandSMEsshowcasedtheirfirst-ratedevelopmentandmanufacturingcapabilities.Inadditiontotherepresentatives-ledtalksessions,specialtalksessionswillalsotooktplaceattheMalaysiaPavilion,withbusinessacceleratorHoustonTechnologyCentretosharetheguidancetheycanprovidetocompanieswhileScottishDevelopmentInternationalhighlightedcollaborationopportunitiesforMalaysianandScottishfirmsinOGSE.

KuaKiatChye,MATRADEDirectorofOil& Gas, Chemical and Plastic Unit said:“The Offshore Technology Conferenceis a good and suitable platform forMalaysian companies to expand theirbusinessnetworkingandlearnaboutnewtechnologiesthatevolveintheoil&gasindustry. Malaysia remains positive inmaintainingitscompetitivenessgloballyinthisindustry.”

DatukShahrolHalmi,MPRCchiefexecutivesaid:“WiththeAsia-Pacificregionwidelyseenasoneofthefastestgrowingoilfieldservices markets and projected to hitUSD107billion inmarketvalueby2019,webelievethatglobalOGSEcompanieswillbeabletoforgestrategicallianceswithMalaysianOGSEfirms to facilitate theirgrowthplansinAsia.”

The Malaysia Pavilion, will mostimportantly,help theMalaysianOGSEfirmsreachglobaldecision-makersfromkey country pavilionswith significantpetroleum resources, independentand national oil companies, industryprofessionals andacademicswhowillbeheadingtotheshow,hesaid.

With the Asia-Pacific region widely seen as one of the fastest growing oilfield services markets and projected to hit USD107 billion in market value by 2019, we believe that global OGSE companies will be able to forge strategic alliances with Malaysian OGSE firms to facilitate their growth plans in Asia

DATUK SHAHROL HALMI MPRC CHIEF EXECUTIVE


UPCOMING CONFERENCES

CONFERENCES IN MALAYSIA

ICCOEE 2016 : International Conference on Civil Offshore and Environmental Engineering

15-17August2016

KualaLumpurConventionCentre(KLCC),Malaysia

http://usite.utp.edu.my/iccoee2016/index.php?option=com_content&view=article&id=62&Itemid=63

Malaysian Oil & Gas Services Exhibition and Conference (MOGSEC)

28-30September2016

KualaLumpurConventionCentre(KLCC),KualaLumpur,Malaysia

http://www.mogsec.com.my/home/home.php

CONFERENCES IN OTHER PARTS OF THE WORLD

Oil & Gas Thailand and Petrochemical Asia 2016

6-8September2016

BITECBangkokThailand

http://oilgasthai.com/

Oil & Gas Timor Leste Expo (OTIM) 2016

28-29September2016

MercadoMunicipalBuilding/DCC,Dili,TimorLeste

http://www.oilgastimorleste.com/about-the-event.html

Kazakhstan International Oil & Gas Exhibition and Conference

4-7October2016

Almaty,Kazakhstan

http://www.kioge.kz/en/home/30-conference/19-conf

Rio Oil & Gas Expo & Conference

24-27October2016

AvSalvadorAllende6555,RiodeJaneiro,Brazil

http://www.riooilgas.com.br/en/

Singapore International Energy Week 2015

24-28October2016

MarinaBaySands,Singapore

http://www.siew.sg/

Offshore Energy 2016 Exhibition & Conference

25&26October2016

AmsterdamRAI,Amsterdam,TheNetherlands

http://www.offshore-energy.biz/home/

Asia Pacific Oil & Gas Conference & Exhibition

25-27October2016

CrownPerth,Australia

http://www.spe.org/events/apogce/2016/

9th Annual Asian Downstream Week

26-27October2016

SandsExpo&ConventionCentre,Singapore

http://www.downstream-asia.com/

2nd International Conference and Expo on Oil and Gas

3-5November2016

Istanbul,Turkey

http://oil-gas.omicsgroup.com/#conference2016

Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC)

7-10November2016

ADNEC,AbuDhabi

https://www.adipec.com/

The 10th edition of the International Petroleum Technology Conference (IPTC)

14-16November2016

BangkokConventionCentreatCentralWorldinBangkok,Thailand

http://www.iptcnet.org/2016

The 21st International Oil & Gas Exhibition & Conference (OSEA)

29November-2December2016

MarinaBaySands,Singapore

http://osea-asia.com/the-event/


Want your company to be featured in the next edition of Malaysia OGSE Catalogue?

STEP ONEDownload the Malaysia OGSE

Catalogue form and MPRC Industry Data Gathering form

*BothformsaredownloadableviaMPRC’sofficialwebsiteatwww.mprc.gov.my

STEP TWOFill in and complete

both forms

*Pleasereadtheinstructionswhencompletingtheforms

STEP THREESend it back to us

*PleasesendALLthecompletedformsto:

[email protected]

The Malaysia Oil & Gas Services and Equipment (OGSE) Catalogue 2016 summarises the background and project experiences of

Malaysian OGSE companies.

Additionally,thiscatalogueaimstomapthecapabilitiesof

MalaysianOGSEcompaniestocomplementthe13major

segmentsoftheoilandgasvaluechaininauser-friendly

matrix.Officeaddresses,telephone&faxnumbersaswell

ascontactpersonsandemailaddressesareprovidedfor

eachindividualcompany.Thepurposeofthiscatalogue

istopromoteMalaysianoilandgascapabilitiesin

internationalmarkets. Itwill alsobe used as a

referencepointforinternationaloilcompanies,

nationaloilcompanies,andcontractors.

Follow the simple step-by-step guide below:

NOTE: AcompanyisdefinedasaMalaysianOGSEcompanyif:•ItisaMalaysianregisteredlegalentity•Asubstantialproportionofitsrevenueisgeneratedfromtheoilandgassector

MalaysiaPetroleumResourcesCorporationreservestherighttodeterminethesuitabilityofMalaysianOGSEcompaniesthatwillbefeaturedinthispublication.MalaysiaPetroleumResourcesCorporationalsoreservestherighttoamend,modifyand/oreliminateanyoftheMalaysiaOGSEcompanyprofilesatitssolediscretion,withorwithoutpriornotice.

MPRC REGISTRATION


Tell uswhat you think!

We’dlovetohearfromyou!Dropusyourfeedbackorsuggestionsat

[email protected]

Malaysia Petroleum Resources Corporation

Suite20-11,Level20,GTower,199JalanTunRazak,50400,KualaLumpur,Malaysia.

tel +60328588555fax +60328588599email [email protected] www.mprc.gov.my

About MPRCMalaysia Petroleum Resource Corporation

(MPRC),anagencyunderthePrimeMinister’s

Departmentwasestablishedin2011.Theagency

isresponsibleforgrowingMalaysianOil&Gas

Services and Equipment (OGSE) firms and

leveragingonMalaysia’sstrategicgeographical

locationtoenhanceitspositionasthepreferred

hub forOGSEactivities in the region.As the

OGSE development agency, MPRC helps

promote,catalyseandglobalisethecountry’s

OGSEcapabilitiesintheupstream,midstream

anddownstreamsegments.Tolearnmoreabout

whatwedo,dovisitwww.mprc.gov.my

mailto:scd%40mprc.gov.my?subject=

http://www.mprc.com.my

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