Lecturers of Heriot-Watt University Malaysia will enjoy 50% discount on PetroEdge Training Courses
PUTRAJAYA, 27th September – Heriot-Watt University Malaysia is pleased to announce that it has embarked on a three-year partnership with PetroEdge Pte. Ltd. (AsiaEdge Pte. Ltd.) and NrgEdge Pte. Ltd. today. This collaboration is aimed at nurturing Heriot-Watt University Malaysia students to be industry-ready upon graduation.
A Memorandum of Understanding (MoU) was signed by key representatives from each organisation, i.e. Professor Mushtak Al-Atabi and Ms Janice Yew, Provost & Chief Executive Officer and Chief Operating Officer and Registrar of Heriot-Watt University Malaysia respectively; as well as Mohammad Khalid and Mohd Anas Asalem, Chief Technology Officer and Regional Strategic Partnerships Manager of NrgEdge Pte Ltd respectively.
With the MoU, Heriot-Watt University Malaysia lecturers will obtain a 50% discount on PetroEdge Training Courses. Various volunteer and networking opportunities with industry players will also be made available to students and lecturers, allowing them to gain a more in-depth understanding of the oil and gas industry and enhance their skills and knowledge in the field. The partnership also encourages dialogue between students and lecturers as NrgEdge provides a knowledge-sharing platform via online forums and discussions.
Additionally, the students and lecturers will have access to NrgEdge’s digital learning platform at www.nrgedge.net/learning, which include e-learning courses, webinars and virtual reality modules. This marks another step forward for the university in digital technical learning.
According to Professor Mushtak, the partnership with PetroEdge and NrgEdge would bring great value to students. “The 21st Century has brought its unprecedented challenges and opportunities and for our students and academics to succeed and thrive professionally and personally, they will need to adopt a continuously learning and growing mindset. Making world class courses available to our community electronically is a very important initiative that will go a long way in supporting the professional development of our people.”
Mohammad Khalid from NrgEdge adds, “It is our vision to help members in the energy, oil and gas industry excel at every point in their career journey, by providing them with the tools to succeed, whether it be by networking, or by helping them learn new skills. We want to be able to bridge the skills gap and to prepare the students for a brighter future in the industry.”
Aina Jais, a second year MEng Petroleum Engineering student at Heriot-Watt University Malaysia adds that PetroEdge would certainly assist in helping her to gain an edge in these uncertain economic climate. “I am looking forward to using the platform to learn more. I have a huge passion towards the petroleum industry, and hope that we can gain a deeper insight into the industry, and glimpse into the career that will shape our future.” Aina Jais is also a NrgEdge Student Ambassador.
The event was held at Heriot-Watt University Malaysia in Putrajaya. Besides the MoU signing ceremony, the day’s itinerary also included speeches by Professor Mushtak and Mr. Khalid, as well as a testimonial by NrgEdge Student Ambassador Aina Jais. The event concluded with a group photo session and light refreshments.
About PetroEdge and NrgEdge
AsiaEdge Pte. Ltd. is the holding company of PetroEdge, the leading provider of Energy, Oil & Gas training in Asia. NrgEdge is the professional networking platform for Energy, Oil & Gas professionals, focusing on the Asia Pacific region. The company aims to create a holistic environment that will empower members to excel at every point in their career journey and to assist companies grow their business more effectively.
About Heriot-Watt University
Founded in 1821 as the world’s first mechanics institute, Heriot-Watt has a rich heritage and an established reputation as a leading research-led university. Now, our communities of scholars come from across the world and for a purpose: leaders in ideas and solutions, they deliver innovation and educational excellence in business, engineering, design and the physical, social and life sciences.
Working with leading academics, our students learn and thrive in our friendly community of campuses, with our partners and online. Our graduates are specialist, creative, professional and globally minded. With their research-informed education underpinned by the Heriot-Watt values, they develop character, leadership skills and social mobility, becoming professionally educated, globally employable, citizens of the world.
Our roots are in Scotland, our ambition and reach are truly international. A leader in transnational education, wherever we are, Heriot-Watt is a powerful driver and engine of the economy. Together with our alumni, civic community and industry partners, we transform people, society and the world we live in.
PetroEdge Pte. Ltd. (AsiaEdge Pte. Ltd.) & NrgEdge Pte. Ltd.
+65 6741 9927
Heriot-Watt University Malaysia
+6012 377 3945
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Many of Indonesia’s oil and gas fields, both on and offshore, are coming to the end of their commercially viable operational lifespan. More than 60% of Indonesia’s oil and more than 30% of gas production comes from late-life-cycle resources spread across the world's largest island country. Despite investment and use of enhanced oil field recovery measures, as well as increasing automation to extend the economic lifespan of these assets, decommissioning will soon become necessary.
However Indonesia, like many countries new to the prospect of decommissioning energy infrastructure, face many key technological, fiscal, environmental, regulatory and industrial capacity issues, which need to be addressed by both government and industry decision makers.
This report, commissioned by the consulting and advisory arm of London and Aberdeen based Precision Media & Communications aims to takes a look at many of the issues Indonesia and other South East Asian oil producing nations are likely to face with the prospect of decommissioning the region's oil and gas aging energy infrastructure both onshore and offshore... To find out more Click here
Headline crude prices for the week beginning 2 December 2019 – Brent: US$61/b; WTI: US$55/b
Headlines of the week
The Global Small-Scale LNG Market is projected to grow from 30.8 MTPA in 2016 to 48.3 MTPA by 2022, at a CAGR of 6.7% between 2017 and 2022. The small-scale LNG market across the globe is driven by their increasing LNG demand from remote locations by applications, such as industrial & power, and the ability to transport LNG over long distances without the need for heavy investment such as pipelines. By terminal type, regasification terminal is expected to grow at a highest CAGR between 2017 and 2022. The increasing demand for LNG from the remote locations and global commoditization of LNG are some of the major factors that are driving the demand for small-scale LNG in this segment.
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The Linde Group (Germany), Wärtsilä (Finland), Honeywell International Inc. (U.S.), General Electric (U.S.), and Engie (France), among others are the leading companies operating in the small-scale LNG market. These companies are expected to account for significant shares of the small-scale LNG market in the near future.
Critical questions the report answers:
Growth Drivers are :
Energy cost advantage of LNG over alternate energy sources for end-users
Heavy duty transport companies save approximately 30% on fuel costs on LNG-fueled trucks, compared to diesel fueled trucks, and produce 30% lower emissions. Air pollution from diesel engines is one of the biggest concerns, especially in areas that struggle to meet air-quality standards. On the other hand, natural gas causes complete combustion and fewer emissions than diesel. It is estimated that increasing environmental concerns from the utilization of diesel vehicles is likely to increase the adoption of green fuel technologies such as natural gas. In the case of electric power generation, natural gas engines below 150 KW are more cost effective than oil fueled engines. Fuel cost is one of the major cost for road transportation, which is strongly subject to excise taxation. Typically, an LNG-fueled Volvo FM truck can travel up to 600 km with LNG. With an additional 150 litres of diesel, it can travel up to 1,000 km without refuelling. Thus, reducing the cost of travel. With additional LNG liquefaction capacity expected to come online in the next few years, an oversupply of LNG is expected, which will drive the price of LNG further lower. Considering all these factors, both developed and developing countries are undertaking feasibility studies to recognize the techno-economics of shifting their economies from diesel to natural gas. Therefore, the cheap price of small-scla LNG over others alterantive fuels will drive the growth during the forecast period.
Small-scale LNG terminals are regarded as facilities, including liquefaction and regasification terminals, with a capacity of less than 1 million tons per annum (MTPA) within the scope of this study. It includes the LNG produced from small-scale liquefaction terminals and regasified at small-scale regasification terminals for catering to applications such as LNG-fueled heavy-duty transport, LNG-fueled ships, and industrial & power generation.
North America small-scale LNG market is projected to grow at the highest CAGR during the forecast period.
The North America small-scale LNG market is projected to grow at the highest CAGR during the forecast period. In North America, most of the small-scale LNG demand in industrial & power applications is met through peak shaving facilities. The peak shaving facilities are used to meet adequate supply of LNG to address the peak demand. In 2015, there were more than 100 peak shaving facilities in the U.S., among which one-half of the peak shaving facilities were located in the Northeast, while a quarter of them were located in the Midwest. Currently, the U.S. has among the highest number of peak shaving plants. However, less than 10% of them are available for any other use due to the current electricity demand. The commissioning of small-scale liquefaction plants can expand the peak shaving capacities in the region.
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Major Market Developments:
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