EXPLORATION AND PRODUCTION
As custodian of Malaysia's coal and oil resources, PETRONAS was entrusted with the duty to build up and add value to the nation's hydrocarbon resources. In the first years, PETRONAS focused their initiatives on managing the production showing contractors who had been exploring Malaysian acreages, but PETRONAS soon found the necessity to take on a bigger plus more proactive role in augmenting the country's coal and oil reserves.
Through the exploration and production (E&P) subsidiary, PETRONAS Carigali Sdn Bhd is rolling out capacity as a hands-on operator with a track record of successful oil and gas improvements. PETRONAS Carigali works alongside a number of petroleum multinational companies through production showing contracts (PSCs) to explore develop and produce coal and oil in Malaysia. In another country, PETRONAS continue to reinforce its position by protecting new acreages while starting various development tasks.
The Petroleum Management Unit (PMU) of PETRONAS acts as learning resource owner and administrator of Malaysia's local coal and oil assets. It handles the optimal exploitation of hydrocarbon resources and enhances the prospectively of local acreages to catch the attention of investment and protect the national interest. One of the key motorists of its business expansion is deepwater E&P, with many positive prospects rising in Malaysian acreages.
PETRONAS continue steadily to harness and develop new solutions to maximise opportunities and further strengthen its functions in its efforts to become leading global E&P player.
As custodian of Malaysia's coal and oil resources, PETRONAS constantly aims to improve exploration and development (E&P) activities in the country. PETRONAS promote exploration purchases and facilitate oil and gas development and production activities through the Creation Sharing Agreement (PSC) device. We also strive to optimise Malaysia's E&P property and manage all E&P activities in the country, guaranteeing a conducive and progressive business environment.
New seismic data acquisition and basin studies form a fundamental element of PETRONAS' strategy to enhance prospectively. In the deepwater areas, significant discoveries have intensified exploration activity and spurred investments in functionality building, generating Malaysia's aspiration to be always a local deepwater centre of quality.
To support the introduction of oil and gas reserves, PETRONAS has also invested in an extensive subsea oil and gas pipeline to enable fields in more diverse locations to be monetised.
Globally, PETRONAS has exploration and production presence in over 22 countries in Southeast Asia, the Middle East, Central Asia, Latin America and Africa. These abroad ventures take into account almost a quarter of its total oil and gas reserves.
PETRONAS came into the international industry when PETRONAS secured its first international endeavor as an upstream operator in Vietnam in 1991. The success of the first enterprise spurred PETRONAS to distributed its wings further overseas since then. With its unique experience and know-how in contributing to nation building, in conjunction with its technical and operational competencies, PETRONAS has been significantly accepted as a strategic partner by international companies and the variety countries where PETRONAS operate.
OIL
PETRONAS gives value to the crude essential oil produced by its exploration and development businesses through its built in olive oil business that encompasses refining, marketing, trading and retail procedures. Comprising a variety of significant grades from various parts, the crudes are exchanged and promoted internationally as well as processed into petroleum products at its refineries for both local and export market segments. PETRONAS own and operate four refineries with a total refining capacity greater than 448, 000 barrels each day. The petroleum products from these refineries are promoted through its network of service channels in several countries, including in Indonesia, Malaysia, South Africa, Sudan and Thailand.
PETRONAS' other petroleum products:
Crude Oil
Lubricants
Base Ol
Vehicle Fuels
Aviation Fuels
LPG along with other Petroleum Products
Retail Stations
A well-established network of retail channels is crucial to the successful marketing of PETRONAS' petroleum products. In Malaysia, PETRONAS have through the years built a strong chain of service channels nation-wide.
On the international front side, PETRONAS subsidiary Engen Ltd is the leading petroleum products retailer in South Africa. Through various business partnerships with retail sites in other countries, PETRONAS are also steadily growing its existence in an increasing number of overseas market segments.
Retail Network in Malaysia
In Malaysia, PETRONAS local retail arm PETRONAS Dagangan Berhad (PDB) is the marketplace leader. It operates a network of more than 900 PETRONAS service channels nationwide.
Besides gas and other petroleum products, a lot of PDB's service stations also offer customer-friendly services and facilities such as its popular MyMesra convenience stores, restaurants and car rinse facilities. Over 120 of the service stations are equipped with facilities to dispense GAS for Vehicles (NGV).
PDB also performs a huge network of LPG and professional gas dealerships as well as an integrated logistics and syndication system comprising volume and aviation depots, bunkering facilities and LPG bottling plant life.
International Retail Network
Overseas, PETRONAS has retail businesses in the following countries:
South Africa
PETRONAS' Southern African subsidiary, Engen Ltd currently leads the country's petroleum products retail business functioning more than 1, 400 service stations across sub-Saharan Africa, with about 1, 250 stations in South Africa.
Sudan
In Sudan, PETRONAS' retail network comprises 74 service channels.
Indonesia
PETRONAS' retail network in Indonesia has expanded to 19 service channels in 2008. PETRONAS have also purchased land sites for future development.
Thailand
PETRONAS continue steadily to improve its position in Thailand's petroleum products market with more than 100 retail channels, and PETRONAS has came into the aviation business at the Suvarnabhumi Air port.
Philippines
PETRONAS' car gas train station network has been expanded to 54 channels.
GAS
Gas as an important way to obtain clean and efficient energy for powering growth is a key emphasis area for PETRONAS. Over time, PETRONAS has developed distinctive functions in its totally integrated gas business and built a strong reputation as a reliable partner and reliable company of gas in Malaysia and overseas.
PETRONAS gas business activities cover the complete value chain right from the exploration and creation of natural gas to gas processing and liquefaction, gas transmitting pipeline businesses, marketing and trading, liquefied natural gas (LNG) shipping and regasification, gas region cooling and offer of industrial resources. .
PETRONAS' proven ability in operating a completely integrated LNG operation is among our ideal talents. Through joint projects with other global players, PETRONAS has efficiently developed one of the world's most significant LNG production facilities at an individual location - the PETRONAS LNG Complex in Bintulu, Sarawak. This built-in LNG complex has managed an unblemished record of over 6, 000 safe and well-timed deliveries to its long-term customers in the Far East, adopting a versatile approach in get together their LNG requirements.
Overseas, PETRONAS' jv in the Egyptian LNG (ELNG) flower at Idku, Egypt which arrived on-stream in 2005, coupled with PETRONAS' desire for the Dragon LNG receiving and regasification terminal in Wales, UK (UK) help as the springboard for its strategic expansion into the Atlantic Basin market. Through its possession of Legend Energy plc, PETRONAS also have gas safe-keeping facilities in the UK.
In Australia, PETRONAS is venturing into unconventional gas development with a joint venture to build up and operate a coal seam gas to LNG (CSG-to-LNG) seed using its first cargo planned for 2014.
PETRONAS' LNG business is ably backed by the world's most significant LNG carrier fleet had and managed by its subsidiary, MISC Berhad.
Gas Storage
PETRONAS' strategic acquisition of Celebrity Energy plc in 2008 has empowered its expansion in to the gas storage business, to further strengthen its position as an integrated global LNG player.
From being the next major onshore UK olive oil producer, Star Energy has shifted its business concentration to expanding and operating gas storage space facilities. In the united kingdom, Star Energy leverages on its depleted oil and gas fields which provide a ready-made infrastructure for gas storage. The first center anticipated to be operational is Humbly Grove, the first of a new era of gas storage space facilities which can only help meet UK's future gas storage space requirements.
Besides the UK, the Company also offers interests in the gas storage area business in Denmark, Italy and the Netherlands (Waalwijk).
PETRONAS desire for gas safe-keeping through Legend Energy will position PETRONAS to expand its export of gas to Europe by means of LNG.
PETRONAS gets the capacity to design, build, operate and maintain gas processing and transmitting pipeline infrastructure to world-class standards. Aiming at monetising the gas reserves found out offshore Terengganu in Peninsular Malaysia. PETRONAS has spearheaded the development of these gas resources with the execution of the Peninsular Gas Utilisation (PGU) project. Operated by its subsidiary PETRONAS Gas Berhad (PGB), the PGU system forms the backbone of Peninsular Malaysia's gas supply infrastructure.
In East Malaysia, PETRONAS is also developing the Sabah-Sarawak Integrated Coal and oil Project. The job involves the engineering and procedure of the Sabah Oil and Gas Terminal and the Sabah-Sarawak Gas Pipeline - a 500 km gas pipeline from Kimanis, Sabah to the PETRONAS LNG Complex in Bintulu, Sarawak. Scheduled to be completed by the end of 2010, the pipeline managed by PGB will permit the gas from fields just offshore Sabah to be utilised for domestic needs as well as for export.
PETRONAS is also spearheading the development of the Trans-ASEAN Gas Pipeline project to ensure regional energy security. Abroad, PETRONAS has equity interest in pipeline networks in several countries.
PETROCHEMICALS
PETRONAS' venture in to the petrochemical industry offers further value to the nation's gas resources. It partner foreign multinational companies to obtain the best petrochemical know-how and technological know-how. With adequate feedstock via the Peninsular Gas Utilisation (PGU) pipeline, PETRONAS is positioning Malaysia to be always a competitive petrochemical hub with the establishment of two designed petrochemical complexes (IPCs) with superior logistics and infrastructure capacities.
Since 1992, the IPCs have become to be home to more than 20 petrochemical crops. The IPCs are aimed to improve competitiveness through the establishment of synergistic linkages and integration both within vegetation as well as between common infrastructure and support facilities, making the whole manufacturing process more cost effective and successful.
PETRONAS is also promoting the plastics manufacturing sector by growing the Kertih Plastics Recreation area to take advantage of readily available feedstock from the adjacent IPC.
PETRONAS' subsidiary, Malaysian International Trading Corporation Sdn Bhd (MITCO), marketplaces and trades its petrochemical products to both Malaysian and international customers.
LOGISTICS AND MARITIME
PETRONAS' Logistics and Maritime Business is principally performed by its shipping and delivery subsidiary, MISC Berhad.
MISC is Malaysia's leading international shipping range and one of the very best 10 transport companies on earth by market capitalisation. Like a subsidiary of PETRONAS, MISC contributes value to its petroleum business by providing the Group with reliable carry and logistics support as well as the flexibility to operate its products in the international market segments.
Its modern and well-diversified fleet of more than 100 vessels with a put together tonnage of more than eight million deadweight tonnes (DWT) traverses the world, calling at most major ports throughout the world.
Through its subsidiary, Malaysia Sea and Heavy Anatomist Sdn Bhd (MMHE), MISC in addition has built a solid groundwork in the sea and heavy executive industry. Today, MMHE is well coming to become a centre of choice for marine repair, marine alteration and anatomist & engineering for a wide spectrum of coal and oil production facilities, adding specifically to the development of PETRONAS' deepwater procedures.
MISC's liner and integrated logistics services have also evolved to become an integral link to a broad network of jacks and box routes, offering clients customised solutions to meet their requirements locally, regionally and internationally.
RESEARCH AND TECHNOLOGY
Recognising that technology is a key driver of expansion, PETRONAS pursues the proper deployment and software of technology to help expand enhance operational quality and maximise the probable of its existing belongings and appearing opportunities. Towards this end, PETRONAS has produced its Technology Agenda to focus on systems for future positioning of its businesses in both the upstream and downstream sectors.
In the short term, PETRONAS technology emphasis is on improving operational superiority through better flower and Health, Protection and Environment (HSE) performance. For the longer term, PETRONAS try to develop niche systems to improve the performance of its primary businesses.
Upstream, PETRONAS initiatives are centered on developing solutions to increase hydrocarbon resources, specifically in deepwater areas, and enhance the production and restoration of its domains.
In the downstream sector, PETRONAS seek to increase throughput and produce in its essential oil, gas and petrochemical businesses through the application of technology. By studying and applying the correct technological answers to its operations, facilities and materials, PETRONAS continue steadily to achieve higher degrees of operational excellence. At the same time, as quality standards and demand for new applications increase, PETRONAS is increasing its selection of petroleum, polymer and special products to meet up with the needs of an fast-evolving world. Through tactical alliances with world-class institutions, PETRONAS is also creating a renewable energy lab to permit PETRONAS to go to another phase in learning to be a technology-driven company.
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PART2
Environmental factors that impact organisation particularly sustainability related issues. (Sustainability and economical)
Economic decision-making consistent with business responsibility for ecological development and PETRONAS continuous growth in the future, environmental considerations and communal balance, to assimilate, is it possible for PETRONAS work. These concerns other HSE in creating a strong ongoing long-term and overall contribution to the community people and PETRONAS and performance management are included.
PETRONAS' Commercial Sustainability Framework
PETRONAS is led by corporate sustainability construction covering the key results of the s15 areas.
Shareholder Value
Natural Resource Use
Health, Safety and Environment (HSE)
Product Stewardship
Societal Needs
Climate Change
Business Integrity
Quality
Health, Safe practices and Environmental Protection
Human Rights
Commitment to Community
Employment Practices
Compliance with Local Law
Review and Audit
Biodiversity
As a dependable corporate citizen, PETRONAS is accountable for all areas of operations management procedures focused on HSE. PETRONAS is fairly practicable to reduce the risk of this group-wide HSE is jogging, the administration pressured that the responsibility for preventing traumas, and extensive to permit HSE occupational disease and environmental management systems to remove harm to property. HSE experience learned this system is constantly enhanced based on best practice and lessons to be kept up to date. PETRONAS, as well as do training for crisis operations in every units, improvement activities to enhance the effectiveness of status and emergency response plans checked regularly to carry out. Constant work is 0. 48 compared to 0. 35 last year resulted in a reduction in the regularity of further personal injury by the time the group lost a total of 1 1 million per hour in 2008. Environmental preservation and conservation area, the PETRONAS stepped proactive step to address the many concerns about the surroundings. These exact things include the pursuing:
Group Greenhouse Gas (GHG) Inventory
GHG inventory is to fortify the operation of most resources of emissions, to track emission levels. Based on data from this catalog, Petronas has put a aim for to lessen emissions to leverage appropriate clean development device under the Kyoto Protocol.
Cogeneration
Simultaneous generation of heating and power or heat technology GHG effort is one of the very most recent PETRONAS significantly reduce emissions. Melaka waste heat power era products are installed in the refinery facilities are completely useful, fuelled by clean-burning gas, waste heat vitality generation systems using waste heat produced from gas turbines. Immediate environmental benefits associated with carbon per yr to 2, 000 per yr in addition to lowering GHG emissions in metric lots 500, 000 tons of acid filled with an equivalent reduction in emissions. Kertih and Gebeng misuse heat power technology is also of practical equipment was mainly gas and region cooling plant life (CUF) are integrated. .
Energy Loss Management System
PETRONAS and the group continue steadily to enhance the GHG efficiency of the flower by minimizing emissions. Energy reduction management system has been assumed that the current initiative to boost operational execution period of the procedure product 12 PETRONAS, in conditions of energy conservation demonstrates the excellent results already.
