Launch of the Second
Edition of The Oil & Gas Year Malaysia
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The Oil & Gas Year Malaysia 2014
was launched at Canada Place in Kuala Lumpur today. The second edition of The Oil & Gas Year Malaysia presents an in-depth look at
the domestic oilfield services sector and the nation’s goal of becoming the Asia
Pacific’s regional hub for oilfield services by 2017.
At the launch
Tan Sri Shahril Shamsuddin was awarded Man of the Year 2014 by Oil and Gas Year Malaysia 2014
The Oil & Gas Year Malaysia 2014 is published
by Wildcat International and produced in partnership with the Malaysian Gas
Association, the Malaysian Oil & Gas Service Council and
PricewaterhouseCoopers.
“The Oil
& Gas Year Malaysia 2014 focuses
on the nation’s three-pronged approach to boosting plateauing oil and gas
production, namely deepwater development, enhanced oil recovery projects and
marginal field development. It will be the key investment guide for the global
oil and gas community for the year ahead,” said The Oil & Gas Year’s
regional director, Jack Miller.
At the event, co-sponsored by Talisman Energy and PricewaterhouseCoopers, president and group CEO of SapuraKencana
Petroleum, Tan
Sri Dato’ Seri Shahril bin Shamsuddin was named The
Oil & Gas Year Malaysia 2014 Man
of the Year. SapuraKencana became the world’s largest tender rig owner and
operator in 2013 and solidified its role upstream by acquiring eight production-sharing
contracts and an alliance contract to become one of the five-largest producers
in Malaysia. Tan Sri Dato' Seri Shahril bin Shamsuddin gave an acceptance
speech upon receiving the award. Tying
in with Malaysia’s success in boosting investment across the nation’s
hydrocarbons value chain, Sridharan Nair,
Managing Partner at PWC also gave a speech in which he discussed the dynamic
investment climate in Malaysia’s domestic oil and gas industry.
UMW
Oil & Gas was also
presented an award, Initial Public
Offering of the Year, for its $740 million initial public offering in
November 2013. This was the largest public debut of the year and UMW is
planning to use 60 percent of the proceeds to acquire new offshore assets. The
award was presented to Rohaizad Darus,
President of UMW Oil & Gas.
The first project of
its kind in Asia, the tension leg platform (TLP) for Malaysia’s third deepwater
development, the Malikai field, was recognised as the Engineering and Construction Project of the Year. Representing
the JV project partners, Jamalludin
Obeng, General Manager, Commercial & Business Development, Offshore
Business Unit from MHB was present to receive the
award along with Syed Feizal
Syed Mohammad, Senior Vice President - Malaysia & Brunei for Technip.
Canada Place was a fitting
location for the launch as Malaysia became the largest foreign investor in
Canada in 2013 thanks Petronas’ $35-billion LNG project in British Columbia.
The Oil
& Gas Year is the flagship title of Wildcat International, a publisher of
business intelligence resources. The Oil
& Gas Year is a series of annual executive reports on more than 30
territories that are critical business tools for energy investors, highlighting
and promoting key actors and opportunities. Global circulation to a readership
of 69,000 readers in 101 countries is audited by BPA Worldwide.
1 comment:
Prodigy oil and gas is watching developments of reserves in and across the borders of these United States
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