2002
Raised US$2.675 billion equivalent from a global bond issue, the largest corporate bond issue ever concluded by an Asian corporation. Raised US$950 million through the re-opening of its 10-year and 20-year Global Bond offerings.
Signed a Petroleum Contract with PetroVietnam and Pertamina to jointly explore for and develop hydrocarbon resources in Blocks 10 and 11.1 offshore Vietnam.
Official opening of IPPL LPG Terminal, a joint venture with Indian Oil Corporation.
Secured two reconnaissance contracts in Morocco.
Official opening of the PETRONAS Petroleum Industry Complex in Kertih, Terengganu.
Signed an Exploration Contract with ENH, Mozambique’s national oil company for the offshore Zambezi Delta Block.
Launched Foggy PETRONAS Racing, a team sponsored by PETRONAS to race in the World Superbike Championship.
Received the first natural gas from West Natuna, Indonesia.
Entered into an agreement with Premier Oil Plc to swap its 25% share in Premier for Premier’s interests in producing fields in Myanmar and Indonesia.
Discovered oil and gas reserves in the Turkmen sector of the Caspian Sea, Turkmenistan.
Announced the development of its own Formula One fuel for the Sauber PETRONAS cars in the 2003 FIA Formula One World Championship.
Announced the financial close of the purchase by Transasia Pipeline Company Pvt. Ltd, of a 40 per cent stake in PT Transportasi Gas Indonesia.
Key
Glossary
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Exploration and Production
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Oil Business
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Gas Business
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Petrochemical Business
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Logistics and Maritime Business
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Research and Technology
LPG
– Liquefied Petroleum Gas
LNG
– Liquefied Natural Gas
PSC
– Production Sharing Contract
E&P
– Exploration & Production
LOI
– Letter of Intent
SPA
– Sales & Purchase Agreement