What it Does: The organization is in charge of developing and enhancing the value of all Malaysian oil and gas resources, which are vested in it.
Mission: To enhance the quality of petroleum resources everywhere it operates by turning them into higher-value goods that would meet consumer demand and benefit the general public.
Size and Presence: With operations in 35 nations, Petronas has developed into a global, integrated oil and gas giant. The Group has 103 fully-owned subsidiaries since the end of March 2005, 19 partially-owned businesses, and 57 affiliated businesses.
Best Known For At the recently held Asian Experience Awards 2022, PETRONAS won the Malaysia Digital Experience of the Year - Oil & Gas category for its one-stop comprehensive asset integrity management platform, Integrated Pipeline Integrity Assurance Solutions (i-PIMS).
The Good Bits: A great deal of exposure and learning opportunities.
The Not So Good Bits: Promotion may occasionally take a while.
The largest international petroleum corporation in Malaysia was founded in 1974 and is called Petroliam Nasional Berhad (PETRONAS). It procures, create, and transport goods while serving as a custodian for Malaysia's national reserves to meet the society's expanding energy needs.
The increasing need for energy motivates and reinforces their commitment to providing the most important and trustworthy sources of energy, which the organizers hope to maintain for many years to come. They use cutting-edge technology to uncover and enhance energy resources from even the most isolated and challenging places. With activities in more than 50 nations worldwide, its pipeline and value chain are fully integrated, spanning from extraction to sales, logistics to technology infrastructures. The industry continually looks for new ways to emphasize its dedication to the ecosystem and the communities in which it operates throughout its quickly growing network.
To provide its stakeholders with long-term sustainable value, PETRONAS uses an integrated approach. To reach their business goals, they do this to obtain a comprehensive understanding of their operations by looking at how the environment, stakeholders' changing expectations, and their overall operations interact. This makes sure the company is robust, adaptable, and sustainable, helping businesses fulfill the energy needs of both the present and future generations.
Progress is only possible because of passion. An individual will have ample chances to learn, explore, and accomplish their goals at PETRONAS. Employees are free to take on challenges and work on initiatives where they may contribute significantly.
Petronas' recruitment process includes the following process:
The average annual salary of a fresh graduate at Petronas Malaysia is MYR 60,000.
Since its founding, PETRONAS has significantly contributed to CSR in Sarawak. The two most noteworthy ones are the RM5 million contribution to turn the Piasau camp in Miri into Piasau Nature Reserve and the RM10 million marine conservation project known as the BEACON Project undertaken by its partner Malaysia LNG Sdn Bhd at Similajau National Park in Bintulu.
Executives of Petronas Carigali Sdn Bhd were named in a civil lawsuit brought in December 2020 by a division of the upstream oil and gas company Deleum Bhd.
The management and services contracts Petronas Carigali had with a 60%-owned subsidiary of Deleum, Deleum Primera Sdn Bhd, were the subject of an alleged plot to defraud Petronas Carigali.