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Archive for October 29th, 2014

M3nergy Berhad Unveil their Latest FPSO vessel

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-M3nergy’s latest converted FPSO vessel, Ratu Nusantara, marks the company’s first-ever foray in the Indonesian Market

SINGAPORE, Oct. 28, 2014 /PRNewswire/ — M3nergy Berhad, Southeast Asia’s emerging oil and gas company, celebrates the completion of their latest FPSO vessel, Ratu Nusantara, at a launch ceremony today at the Keppel Shipyard in Singapore. Under the auspices of SKK Migas and PC Ketapang II Ltd (PCK2L), the newly named vessel will embark on its inaugural voyage for the Bukit Tua oil and gas field in Indonesia operated by PETRONAS.

Y.A.B Datuk Seri Panglima Musa Haji Aman, Chief Minister of Sabah and Y.A.B Datin Seri Panglima Datuk Hajjah Faridah Haji Tussin, wife of Chief Minister of Sabah with the distinguished guests on the launch of M3nergy Berhad's latest FPSO vessel -- Ratu Nusantara.
Y.A.B Datuk Seri Panglima Musa Haji Aman, Chief Minister of Sabah and Y.A.B Datin Seri Panglima Datuk Hajjah Faridah Haji Tussin, wife of Chief Minister of Sabah with the distinguished guests on the launch of M3nergy Berhad’s latest FPSO vessel — Ratu Nusantara.

Ratu Nusantara, a converted FPSO, has been constructed from a 1994-built Aframax tanker, ‘Scorpius’ which was meted out in the last quarter of 2013. In 16 months, extensive refurbishment and life extension works were performed on the tanker, transforming it into a well-outfitted FPSO. The vessel has a processing capacity of 25,000 bpd of oil, 77 mmscfd of gas, 20,000 bpd of water and a storage capacity of 630,000 barrels of processed oil.

The completion of the latest FPSO vessel falls in line with the company’s expansion plan to strengthen their FPSO/FSO component, which contributes to more than half of its annual turnover. In a vital move to expand its business, the company also plans to enter into strategic joint ventures with major oil partners.

The event was attended by distinguished guests and representatives from SKK Migas and PC Ketapang II Ltd (PCK2L) and other stalwarts of the Southeast Asian oil and gas industry. The Chief Minister of Sabah, Y.A.B. Datuk Seri Panglima Musa Haji Aman, graced the event in support of M3nergy Berhad’s latest accomplishment.

Commenting on the occasion, Musa said he was pleased that M3nergy was collaborating with established stakeholders such as SKK Migas and PC Ketapang II Ltd (PCK2L). The expertise and experience derived through this collaboration will be mutually beneficial with an aim of providing a wide array of solutions for the production of oil and gas.

He congratulated M3nergy Berhad on the success of their latest FPSO vessel and their first ever project, located off the coast of Madura Island, Indonesia. “This accomplishment, undeniably has been catalytic in further promoting the oil and gas sector in the region which has been and is a major contributor to the social and economic development of Sabah,” he added.

Musa added that PC Ketapang II Ltd (PCK2L) has been supportive of the State Government’s objective in developing outstream activities in Sabah for its sustainable development.

Sabah welcomes further opportunities to continue working with PETRONAS in the future to expand and establish industrial activities in Sabah, alongside our own local investments,” he states

In his opening remark at the launch ceremony of Ratu Nusantara, M3nergy’s Chairman, Tan Sri Sukarti Wakiman commented, “The completion of this facility marks yet another important milestone in our three-decade journey. In 2012, after marking our presence in three key regions, M3nergy Berhad’s participation in the development of oil fields in Bukit Tua is a strategy to strengthen our footing in Indonesia. The success of our new project is a reflection of our competitive edge and focused commitment resulting in progress and sustainable growth of the company.”

“PETRONAS is committed to continuously studying further field development opportunities at the Ketapang Block which may be tied in to the Ratu Nusantara FPSO to maximize its capacity utilisation,” said Encik Sharbini Suhaili, Vice President of Upstream International, PETRONAS.

The Bukit Tua field is operated by PC Ketapang II Ltd (PCK2L), of which 80% is owned by PETRONAS, with the remaining stake owned by PT Saka Ketapang Perdana.

Bukit Tua field is located in the Java C, 35 km to the north of Madura Island and about 110 km north-east of the city of Gresik, East Java.

About M3nergy Berhad

Established in October 1980, M3nergy Berhad is a public limited company that primarily engages in the provision of floating facility solutions and services. The company’s portfolio ranges from Floating, Production, Storage and Offloading (FPSO) facilities to Floating, Storage and Offloading (FSO) facilities. For further information, please visit the company website at www.m3nergy.com

PC Ketapang II Ltd (PCK2L)

Operator in Ketapang Production Sharing Contractor (PSC), signed date on 11 June 1998. PETRONAS holds an 80% share in the Ketapang PSC, while the remaining 20% is held by PT Saka Ketapang Perdana. PCK2L now is developing  the Bukit Tua Field where located 35 km north of Madura Island and 110 km northeast of Gresik, and expected first hydrocarbon in the first semester of 2015.

CONTACT:

Kelly Thean
Senior Consultant
Geometry Global Public Relations
+6012 255 0049
kelly.thean@geometry.com;

Tanika Bansal
Consultant
Geometry Global Public Relations
+6017 238 7706
tanika.bansal@geometry.com

Photo – http://photos.prnasia.com/prnh/20141028/8521406307

Source: M3nergy Berhad

Written by asiafreshnews

October 29, 2014 at 6:03 pm

Posted in Uncategorized

Piab bypasses barriers to strategic IT with iland’s global enterprise cloud and disaster recovery services

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-A leader in factory automation offloads IT infrastructure burdens to focus on arming business with technology and processes that help fuel its competitive advantage

SINGAPORE, Oct. 28, 2014 /PRNewswire/ — Alleviating the complexity of IT infrastructure, iland today announced Piab is leveraging iland’s Enterprise Cloud Services and Disaster-Recovery-as-a-Service offerings in order to focus on strategic IT initiatives that help grow and protect the company. Piab is known for its innovative industrial automation solutions that dramatically improve the productivity of factories around the world, and its IT team plays a critical role in ensuring its own corporate user base maintains the highest levels of efficiency to drive business forward.

“Our competitive advantage from an IT perspective does not come from running servers,” said Greg Anderson, CIO of Piab. “We stay ahead by refining business processes and finding tools and applications that make our users more productive. With iland’s enterprise cloud and disaster recovery services, we can focus less on making sure things are running and more on strategic IT initiatives. We looked at multiple vendors and iland was the best fit–everything from services to pricing.”

Established in 1951, Piab specializes in the creation of cutting-edge vacuum solutions that improve the efficiency and working environments for many of the world’s largest manufacturers. Based in Taby, Sweden, it is a global organization with subsidiaries and distributors in more than 50 countries. Facing significant business growth, the IT team refused to waste resources on procuring and managing additional hardware infrastructure. Instead, they turned to iland to manage its move to the cloud for both production and disaster recovery.

Increased efficiency and performance of IT systems and processes
Like many companies today, Piab faced procedural, performance, cost and security issues with maintaining its own hardware infrastructure. The company was using its own servers at a co-location data center in Stockholm, but any time a hard drive failed or the IT team needed to add RAM or storage, a staff member had to physically drive to the location more than 30 minutes away. Then, they had to deal with security procedures and equipment delivery in and out of the data center. Faced with the prospect of purchasing all new hardware infrastructure, Anderson took a more strategic step and tapped iland’s enterprise cloud to host its entire production environment.

“The biggest benefit of moving to iland’s cloud is that we are able to dynamically adjust our environment at any time,” Anderson said. “The fact that we don’t have to maintain any sort of hardware or deal with hardware system failures makes life a lot easier. And iland’s ECS portal enables us to not only see what’s going on in our cloud, but gives us the ability to control and manage our resources and costs on a global scale.”

Established robust disaster recovery plan with Cloud-to-Cloud replication
Piab also set out to improve its business continuity capabilities, as the IT team struggled with its existing software solution that required significant infrastructure resources and did not ensure recovery time objectives because it was too difficult to test. The company turned to iland to help plan and implement a robust disaster recovery plan that could safeguard against downtime.

With iland Disaster Recovery Services Powered by Zerto, Piab can run regular tests to ensure the company’s resources are protected in a real disaster and that employees will have access to the systems and data they need. Now, Piab is confident it will meet a Recovery Point Objective of between 5 and 60 minutes, depending on the application.

“We were looking for something really simple, reliable and familiar,” Anderson said. “The best thing about iland and Zerto’s DR solution is that when we need to switch over, we’re basically just switching tunnels from one location to another. It’s really easy.”

“We pride ourselves in working directly with customers to ensure they are able to fully harness the benefits of cloud,” said Lilac Schoenbeck, VP of product management and marketing at iland. “Piab’s success exemplifies how strategic cloud implementation — from production systems to disaster recovery — can help streamline processes and alleviate technical burdens so that IT can take a more proactive role in achieving overall business objectives.”

“We use iland’s enterprise cloud to run our full production environment,” said Anderson. “The solution allows us to forget about the hassles associated with maintaining a data center while at the same time providing us with a cost efficient, dynamically scalable and reliable solution. The Cloud2Cloud Disaster Recovery-as-a-Service allows me to sleep better knowing we have a fully managed solution in place if needed.”

iland is ranked as a leader in Forrester Research, Inc.’s report entitled, “The Forrester Wave™: Disaster-Recovery-As-A-Service Providers, Q1 2014.” Forrester refers to iland as “the dark horse champion” in the report. In the research firm’s evaluation, iland received the highest scores possible for its core DRaaS offerings, recovery objective capabilities, platform and application support, data resiliency and risk mitigation, security, value proposition and vision, as well as pricing, service levels and contract terms.

For more information on iland’s enterprise cloud and disaster recovery services, go to:

About iland
With data centers in the U.S., U.K. and Singapore, iland delivers proven enterprise cloud solutions that help companies do business faster, smarter and more flexibly. Unlike any other provider, iland’s technology and consultative approach mean anyone–regardless of expertise, location or business objective–can experience the benefits of a hassle-free cloud. From scaling production workloads, to supporting testing and development, to disaster recovery, iland’s secure cloud and decades of experience translate into unmatched service.  Underscoring the strength of its platform, the company has been recognized as VMware’s Service Provider Partner of the Year, Global and Americas; is part of the Cisco Cloud Managed Service Provider Program for IaaS and DRaaS; and partners with other industry leaders including Zerto and Veeam. Visit www.iland.com.

Trademarks
All registered trademarks and other trademarks belong to their respective owners.

US Media Contact:
Kellie Willman
iland
+1713-337-1347
kwillman@iland.com

Singapore Media Contact:
Melinda Ilagan/May Tan
EASTWEST Public Relations for iland
Tel: +6562220306
Email: ilandcloud@eastwestpr.com

Source: iland

Written by asiafreshnews

October 29, 2014 at 12:33 pm

iXBlue launches the MARINS M Series inertial navigation system (INS) at EURONAVAL 2014

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— The MARINS M series sets new standards in strategic-grade naval navigation and strengthens the iXBlue INS product range by delivering up to three times the performance of other systems.

MARLY-LE-ROI, France, Oct. 27, 2014 /PRNewswire/ — iXBlue, a global leader in naval and civil navigation and positioning systems, is unveiling its new MARINS M series INS at EURONAVAL 2014, in Paris, France. The series includes the MARINS M3, M5 and M7 systems and is designed to address the needs of the world’s most advanced navies for surface-vessel and submarine operations in littoral and open-sea environments.

Photo – http://photos.prnewswire.com/prnh/20141024/154220

Accurate and reliable navigation, including missile alignment, is critical to the success of submarine and surface-vessel missions. The MARINS M series raises the bar in performance and scalability by addressing the needs of surface ship navigation under a GPS-denied environment. For submarines, MARINS M7 enables three times longer autonomous stealth navigation compared with any available system by offering drifts of less than 1 Nm/72 h.

The MARINS M series represents the state of the art in strap-down, fiber-optic gyroscope (FOG) technology, and is combat ready against GNSS denial. The military-specification units output position, heading, roll, pitch, depth and velocities, and are perfectly silent. The systems are compatible with a wide range of aiding sensors and can be up and running within minutes.

The extended iXBlue product range, including QUADRANS, OCTANS, PHINS and MARINS M series systems, now represents even higher scalability of solutions, from attack craft to aircraft carriers and submarines.

More than 30 navies worldwide have selected the iXBlue product range, including previous generations of MARINS systems. For example, the UK Royal Navy’s has adopted advanced iXBlue solutions for its Astute Class submarines. iXBlue products are consistently selected for their overall performance, reliability and through-life cost benefits. With no moving parts or critical elements that deteriorate over time, the units offer the best available total cost of ownership. Consequently, their reliability is high and they require no maintenance. They are also compact, lightweight and power efficient, and, unlike the systems generally used in submarines, are extremely easy to integrate.

With more than 30 years of experience, iXBlue is a global leader in ultimate-performance FOG navigation for naval defense applications.

For further information about iXBlue naval products, including the MARINS M series, please visit the iXBlue stand (F64).

CONTACT:
Anne Colliou, +33-1-30-08-88-88 (France), anne.colliou@ixblue.com
Majid Foodeei, +33-631-66-3999, majid.foodeei@ixblue.com

RELATED LINKS
http://www.ixblue.com

Source: iXBlue

Written by asiafreshnews

October 29, 2014 at 11:29 am