Sime Darby and Mustang Engineering Forms JV

Evening guys.Seems that lately I have been posting more news instead of my common posting ;) Reasons why, there was a lot of biggie newzz hits local oil and gas. It is noted that Sime Darby's Energy and Utility division forms partnership with Houston's Mustang Engineering. Maybe they will sit close to his brother JP Kenny @ Kia Peng. Just wondering which projects they are gonna bid for, O I mean local hehe. Today's newspaper mention that PETRONAS are forward in developing marginal and enhanced recovery through RSC(Risk Sharing Contract) as an alternate for PSC.

HOUSTON -- Mustang and Sime Darby’s Energy & Utilities Division have entered into a joint-venture to form Mustang Sime Darby. The new company will provide project management, design, and procurement support services for the Southeast Asian oil and gas industry from a regional hub in Kuala Lumpur. The venture also will expand Mustang’s global presence in Southeast Asia

RNZ Integrated Denies SDE Claims

This gonna be a break-up period. Fabricator blames the consultant and fires it back. Is it b2b? Yeaww..However, as a lesson, never admits that you made a mistake. You never did and you'll never walk alone...Trust me,

KUALA LUMPUR: RNZ Integrated (M) Sdn Bhd has denied it was incapable of undertaking the detailed design work for the Maersk Oil Qatar (MOQ) project for Sime Darby Enginering Sdn Bhd (SDE).
Managing director/chief executive officer Rozali Ahmad said RNZ had achieved ISO9001 certification for provision of engineering, design, procurement assistance and project management services for the development and modification of oil and gas production, installation and process facilities.
“RNZ has the reputation for successful execution of numerous projects in Malaysia, Sudan, India, Vietnam, Turkmenistan, Iran and Qatar,” he told Bernama yesterday.
Rozali said RNZ had been involved in the Sumandak Selatan integrated development project (offshore Sabah), Bunga Tulip A development project (Malaysia-Vietnam border), Tanjong Langsat Port oil development project (Johor), Muglad Basin development project and Bashayer 2 marine terminal (Sudan) and Monopod development project (India).
“Hence, the allegations were baseless. RNZ has the expertise, competency and financial capacity to undertake the MOQ project,” he said.
In recent press reports, Sime Darby Bhd had claimed the decision made by its former president/group chief executive officer Datuk Seri Ahmad Zubir Murshid, along with four other executives, to appoint RNZ was a mistake.
It claimed that RNZ did not have the necessary experience nor the expertise to design the plans for the MOQ project.
Rozali said RNZ's involvement with SDE started in 2006 when it was awarded the Sumandak Selatan development project Phase 2, which has similar facilities like those in the MOQ project. “RNZ completed the project ahead of the time stipulated,” he said.
On the MOQ project, Rozali said SDE had proposed RNZ as an alternative engineering consultant in 2007 to undertake the detail engineering works based on the successful execution of the Sumandak Selatan project and especially when Ranhill Worley Parson's proposal for a multi-location to undertake the work was rejected by MOQ and SDE. - Bernama

Taken from The Star