Global goal

VESTED WITH THE ownership of the nation's oil and gas resources since its incorporation in 1974, Petroliam Nasional Bhd (Petronas) envisions itself as a dynamic multinational oil corporation of the 21st century. It intends to take on an even more significant role in the nation's industrialisation. Petronas has carefully set the scene to realise its objectives. In 1990, it set up Petronas Carigali (Overseas) Sdn Bhd which spearheaded its global mission by foraying into overseas upstream activities. The wholly- owned subsidiary of Petronas now has participating interests in Vietnam, Syria and the Philippines, and is considering the possibility of exploration ventures in India, the Central…

Author(s): By Faridah Yaacob
Copyright: -
Published on: 16 October 1995
Publication: Malaysian Business
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