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Just this week, a devastating crash occurred during load testing in an offshore wind farm installation vessel in Rostock, Germany. Investigation on the cause of the giant crane’s crash is still underway, with major damage to the hull. Industry officials who are based in Asia stated that the structure stayed afloat despite the amount of […]

May

Top 6 Events That Impacted Global Oil Prices

During the mid 19th century, the discovery of new technology (using pipelines) that allowed kerosene to be commercially viable led to the beginning of an oil rush. But it was the period after the second World War that oil was recognised as a global commodity [1]. Since then, black gold has had a long and […]

Apr

Project delays ahead, Petronas warns

As more countries continue to extend their quarantine period due to the pandemic and its ceaselessly rising numbers, Petroliam Nasional Berhad, Malaysia’s petroleum giant warns of incoming project delays. The state-owned energy company currently operates in over 20 countries that include the Americas and in an attempt to maintain capital expenditure, will see a number […]

Apr

The Home Office Environment

Work from Home: The Home Office Environment With the Movement Control Order (MCO) in Malaysia entering its third week, the dedicated men and women in the country continue to fight against the virus while the rest provide essential services. Many companies across the industry continue to conduct business as usual, albeit remotely. Speaking with one […]

Apr

Operations to reduce costs in Shell

With all happenings around the globe, Royal Dutch Shell stated that they will be proactively taking measures to ensure resilience and (financial) strength of the business. Shell has reduced at least 20% of the capital expenses including “material reductions in working capital”, with possible reductions in the near future. Chief Executive Ben van Beurden said […]

Mar

Adopting Effective Means for Remote Working

More than a week has passed since the Malaysian government mandated Movement Control Order similar to restrictions imposed by other countries globally, to minimise and control the spread of COVID-19 pandemic throughout the country beginning 18th March. With 2.5 weeks to go (following extension of MCO in Malaysia till mid April), many companies have either […]

Mar

BFI Workshop Completed in the Cyber Realm

SynergenOG Updates

Brunei Projects

Following the Movement Control Order in Malaysia, only essential services will be allowed to operate. While abiding by the laws, SynergenOG engineers continue to operate from the safety of their homes. We wrote a few pointers on how we execute our meetings! Productivity and efficiency do not stop however, as we just completed yet another […]

Mar

CapEx in Petronas Facing Possible Cuts

Capital Expenditure in Petronas facing possible cut due to low oil prices In this current situation, Affin Hwang Capital research found that Petronas is bound to reduce its capex, a move that could put pressure on the Malaysian oil and gas industry. The financial company further stated that Petronas has yet shown signs of significant […]

Mar

Lockdown and the Oil & Gas Industry