Shell Malaysia invests in largest upstream O&G laboratory in Sarawak
Apr 07, 2015
MALAYSIA, Sarawak, Miri, Tuesday, 7 April 2015:
Sarawak Shell Berhad unveiled another milestone with the earth breaking of its new production support building in Miri today.
Datu Len Talif Salleh, assistant minister in the Chief Minister’s office (promotion of technical education) officiated the earth breaking of the proposed new building.
Len Talif applauded Shell for its skills training and other capacity development programmes. He said, “It is important that the private sector continues to invest in developing skill capacity among the local folks, to achieve our national aspirations.”
He added that the Oil, Gas and Energy (OGE) industry has been identified as one of the 12 National Key Economics Areas (NKEA) under the Economic Transformation Programme (ETP).
According to Len Talif, OGE NKEA targets to achieve an annual growth of 5% between 2010 and 2020. “NKEA is expected to deliver RM131.4 billion GNI impact and consequently, create an additional 52,300 jobs within the sector” he added.
Under the ETP, the Government aspires to develop Malaysia into a leading oil and gas services hub in Asia, grow Malaysia’s role in oil storage, logistics and trading and import LNG to serve latent gas demand and attract new-gas based industries.
Speaking at the event, Chok Chee Tsong, Sarawak Shell Berhad’s general manager said the new building showcased the company’s commitment in continuing to invest in the oil and gas industry in Sarawak and in Malaysia.
He revealed, “The new building will include one of the largest upstream oil and gas laboratories in Malaysia and could possibly be the largest of such a facility in Sarawak.”
It will be built according to industry’s best practices for lab design, housing state of the art facilities, including high-tech analytical instruments and will have the capability of analyzing more than 50 analytical parameters for the purpose of sample investigation, sales product quality control, production optimization, well construction and legislative reporting.
These sophisticated facilities would enable Shell to efficiently deliver the demands of its deepwater exploration and production activities in Malaysia, and meeting the expanding analytical capability required by its existing and future projects.
The new laboratory will also provide support to the operation and projects of its partners, including Petronas Carigali and other oil and gas players.
Chok explained, “It will enable us to support local community laboratory service requests, such as testing on contaminated water source and oil spill. It also enables us to provide trainings in chemistry and chemical handling to staff and contractors.”
Chok said the project would provide more job opportunities for the local community. “There will be jobs available in the construction, landscaping, maintenance, commissioning and other areas of the project.”
Shell had also awarded the construction contract to a local Miri based contractor.
Len Talif was also taken to a visit to the Shell Asia Pacific Wells Learning Hub, the first in the region to use state-of-the-art advanced simulators.
Zulkifli Baba Noor
Upstream Communications Advisor, Shell Malaysia
The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this press release “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them.
These expressions are also used where no useful purpose is served by identifying the particular company or companies. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this press release refer to companies over which Royal Dutch Shell plc either directly or indirectly has control. Companies over which Shell has joint control are generally referred to “joint ventures” and companies over which Shell has significant influence but neither control nor joint control are referred to as “associates”.
In this press release, joint ventures and associates may also be referred to as “equity-accounted investments”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect (for example, through our 23% shareholding in Woodside Petroleum Ltd.) ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest.
This press release contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements.
Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘goals’’, ‘‘intend’’, ‘‘may’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘plan’’, ‘‘probably’’, ‘‘project’’, ‘‘risks’’, “schedule”, ‘‘seek’’, ‘‘should’’, ‘‘target’’, ‘‘will’’ and similar terms and phrases.
There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this press release, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks;
(h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions.
All forward-looking statements contained in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Royal Dutch Shell’s 20-F for the year ended December 31, 2014 (available at www.shell.com/investor and www.sec.gov ). These risk factors also expressly qualify all forward looking statements contained in this press release and should be considered by the reader.
Each forward-looking statement speaks only as of the date of this press release, 26 February 2015. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this press release
We may have used certain terms, such as resources, in this press release that United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov. You can also obtain these forms from the SEC by calling 1-800-SEC-0330.