Petronas Case Study

Decent Essays
Company name: Petroliam Nasional Berhad (PETRONAS)
Company Address (Corporate Headquarters): Petroliam Nasional Berhad (PETRONAS) (20076-K) Tower 1, PETRONAS Twin Towers Kuala Lumpur City Centre 50088 Kuala Lumpur Malaysia
Email: mesralink@petronas.com.my
Contact Number: 603 2051 5000 / 2026 5000
Principle subsidiaries: Asean Bintulu Fertilizer Sdn Bhd; Malaysia LNG Sdn Bhd; Petronas Carigali Sdn Bhd; Petronas Dagangan Sdn Bhd; Petronas Gas Sdn Bhd; Petronas Khidmat Sdn Bhd; Petronas Marine Sdn Bhd; Petronas Penapisan (Melaka) Sdn Bhd; Petronas Penapisan (Terengganu) Sdn Bhd. (PETRONAS, 2014)
b) History of company
In the year 1988, Malaysia hiked to be known as the world’s 22nd largest reserves of oil and also the 16th largest reserves of
…show more content…
Vision: PETRONAS’s vision would be, ‘To be a leading oil and gas multinational of choice’.
Mission statement: PETRONAS mission statement is, ‘We are a business entity, petroleum is our core business, our primary responsibility is to develop and add value to this national resource and our objective is to contribute to the well-being of the people and the
…show more content…
Senior Vice President Corporate Strategy and Risk- Adif Zulkifli viii. CEO of PETRONAS Refinery and Petrochemical Corporation Sdn Bhd- Dr. Colin Wong Hee Huing ix. Secretary- Abdul Rahman Musa

PETRONAS Upstream & PETRONAS Downstream
Upstream- PETRONAS goal is to make a difference in meeting energy needs. They explore, produce and develop oil and gas resource in Malaysia and abroad to deliver long term value to all their stakeholders. With onshore prospects in Canada, exploration in South America and deep-water drilling in Brunei, PETRONAS is venturing into a broad portfolio of reserves and play types, applying innovative technology and developing niche technical solutions to maximize their hydrocarbon.
Downstream- PETRONAS downstream plays a strategic role and a vital role in enhancing the value of Malaysia’s oil and gas resources. PETRONAS achieves this through integrated operations in refining, trading and marketing of crude oil and petroleum products locally and internationally, as well as through the manufacturing and marketing of petrochemical products. PETRONAS from this stream own and operate 3 refineries in Malaysia and one in Durban, South Africa through their shareholdings in Engen Petroleum Limited. (PETRONAS,

Related Documents

  • Superior Essays

    In addition to the mission statement, we would like to create a vision statement to guide the team 's path to success. Our ideal future state is “Providing, growing,…

    • 2391 Words
    • 10 Pages
    Superior Essays
  • Decent Essays

    Petro Pars

    • 273 Words
    • 2 Pages

    Phases 6, 7 & 8 of South Pars Gas Field Development Projects Portfolio, valued at $2.8 billion, and consisted of the offshore and onshore facilities. For offshore facilities, Petro Pars was the EPC contractor for three production platforms with 30 gas wells, three 32” subsea pipelines with more than 100 km length each for transferring gas to onshore refinery, three 4.5” pipeline for transferring Glycol solution, a Single Buoy Mooring (SBM) Terminal for exporting gas condensate, and a 30” pipeline with 5.4 km length for transferring gas condensate to the SBM. Petro Pars also developed the land based refinery facilities. Reza served as the Project Controls Lead and acted as the main point of contact between Petro Pars as the main contractor and…

    • 273 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Bazaar Case Study

    • 820 Words
    • 4 Pages

    Human basic is a admired and added deficient ability in the industry. As the Baby Boomer bearing alcove retirement age, abounding industries are adverse a assumption challenge, and the action industry is no exception. As this demographic ages, the bulk of accomplished workers, such as petroleum engineers, departure the workforce outweighs the new aptitude entering. Given the greater apropos about pricing, a animal basic arrears is not the top affair in the actual term.…

    • 820 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    Business Ethics & Corporate Social Responsibility Report: Bombardier Inc. Background Information: Bombardier is the world’s leading manufacturer of both planes and trains. It was founded in 1942 by Joseph-Armand Bombardier and it is focused in making mobility more efficient and sustainable. In 1947, during this time is when Bombardier goes into mass production. In 1969, Bombardier goes in public in the Toronto Stock Exchange. Throughout the years, there were many improvements and expansions that made Bombardier really well-known and by receiving awards.…

    • 1317 Words
    • 5 Pages
    Great Essays
  • Improved Essays

    Petro-Canada Case Study

    • 639 Words
    • 3 Pages

    Another factor to consider is the boom in petroleum-based commodities of the last decade, and the role that oil companies such as Petro-Canada plays from an environmental perspective. With the rapid expansions in petroleum comes many impacts to the environment as well as to society as a whole. There has been shifting economic landscape and government regulations to control the boom in this period. The world is dependent on fossil fuels for 80 percent of its energy, but at the same time, it is threatening life on Earth. As with the use of any fossil fuel, the environmental issues stemming from Alberta’s oil sands is an extremely divisive one.…

    • 639 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    The main companies I was hoping to talk to were Apache, Halliburton, and Schlumberger. They are all great oil companies, and as a petroleum engineering major I hope to get a job or internship with them. Internships and experience are becoming more and more important as the oil and gas market continues to fluctuate. Apache is an oil and gas exploration company based in Houston, Texas. Apache is a global company with oil reservoirs all over the world.…

    • 811 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    Jeff Bezos has publicly referred to the company’s mission statement as a driving force behind many of hs decisions during the company’s history. Therefore, the company’s success as the world’s top online retailer is due at least in part to management’s commitment to the execution of the mission. The company’s mission statement clearly articulates its values that will guide organizational actions (“to be earth’s most customer centric company”). It does not specify some narrow market; it rather expresses the company’s vision to perform on a global scale. The statement does not describe means by which company intends to develop in the future.…

    • 1443 Words
    • 6 Pages
    • 5 Works Cited
    Great Essays
  • Decent Essays

    Business Level Strategy (Exxon Mobil) Definition :( Business Level Strategy) “Business- Level strategies are actions firms take to gain competitive advantages in a single market or industry”. (BLS, 102).ExxonMobil is one the few companies that has been able to lead the oil and gas industry through its cost leadership. Its large economies of scale makes it dominant firm in the market as well as cost leader in the industry.…

    • 768 Words
    • 4 Pages
    Decent Essays
  • Improved Essays

    What Is BHP Billiton?

    • 712 Words
    • 3 Pages

    BHP Billiton: Case Study Overview BHP Billiton, formed 2001, is a multi-billion dollar single business entity established by parent companies BHP Billiton Ltd and BHP Billiton Plc, and is currently among the worlds’ top producers in major commodities such as iron-ore and copper. BHP’s main product, iron-ore, is primarily extracted within Australia and Brazil (Worlds’ Top Exports, 2017). Nonetheless, it attracts a largely diversified market, with the main purchasers being Asian nations such as China as well as European nations such as Germany. Similarly, BHP’s coal is largely mined within Queensland and purchased by specialised manufacturing nations such as China (IBISWorld: BHP Billiton Limited, 1999-2017).…

    • 712 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Much of Lockheed Martin’s success can be attributed to their leadership in defense throughout the company’s lifetime. However, it is one of the biggest problems the company faces as the times start changing. The only way for them to keep their powerful position in defense while also becoming more independent from that being their biggest source of income, is through innovation and globalization. Though Lockheed Martin has been largely successful, a majority has been due to the fact that seventy-eight percent of their sales come from military weapons. While it has been an asset to the company, it can also be their downfall due to the volatile nature of the market.…

    • 541 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Caltex Value Chain

    • 1824 Words
    • 7 Pages

    Compared with the ideal value chain, Caltex existing value chain has many shortcomings. Exploration and Development With the deepening of oil exploration, since non-renewable oil and gas resources, making the exploration and exploitation more and more difficult and the cost is rising year by year. The production cost of crude oil also increased, mainly due to investment in technology is not enough. In addition, Caltex costs in exploration and development aspects of the constitution should be further optimized, mainly the proportion of non-productive costs too much. Oilfield construction aspects of the costs, including infrastructure maintenance costs, large repairs wells, oil and gas processing and power costs and fuel expenses remain high…

    • 1824 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    Due to its size and international presence, this organization has very many stakeholders, who cannot be exhaustively be discussed within the provisions of this report. However, this report presents a list of the key stakeholders who are directly involved in the operations of the organization. This report further analyzes the interests of each stakeholder and how the company…

    • 1096 Words
    • 5 Pages
    Improved Essays
  • Superior Essays

    are embedded in ExxonMobil's culture. Systems are deployed consistently with high standards to be the best in class for the operational performance. Continued long-term focus on maximizing profitability and returns from every asset is key for all the business segments. This long-term approach has positioned each of Exxon’s business to be at the top of their respective areas of competition, which allows Exxon to maximize long-term shareholder…

    • 2906 Words
    • 12 Pages
    Superior Essays
  • Great Essays

    Pirelli Case Study

    • 1683 Words
    • 7 Pages

    The three Pirelli representatives that I have interview are: Mr. Paolo Benea - President Director Evoluzione Tyres (the JV between Astra and Pirelli) Mr. Vittorelli Antonio – R&D Pirelli Industrial Mr. Luca Zaccomer - APAC Marketing Director All three stakeholders were positive toward the decision of the group to open an additional production plant in Asia. Having a factory in Indonesia will help the group in reducing transportation cost, shortening transit time, improve product availability and keep inventories under control. Producing in an Asean country will grant a series of trade benefit among the southern Asian nations adhering to the free trade agreement.…

    • 1683 Words
    • 7 Pages
    Great Essays
  • Improved Essays

    SB Nutrition creators of the world’s first 3d printed Super Banana, which tailors nutritional and medicinal needs for each individual client. The Super Banana is a unique product unlike any other on the market, this in itself is both an opportunity and a threat. The Super Banana can be considered to be an opportunity due it’s unique product application. However, this is also the biggest threat to SB Nutrition.…

    • 1848 Words
    • 8 Pages
    Improved Essays