Corporate : Company Background : Philosophy : Vision Statement

Vision Statement

"To be A Leading Oil and Gas Multinational Of Choice"


"Leading"
  • Leading refers to an advantaged portfolio of business within PETRONAS.
  • Advantage will be increasingly based on capabilities.
  • Where PETRONAS cannot create advantage, it will outsource or divest.
  • PETRONAS will be both proactive and dynamic in developing a leading portfolio at its core - the oil and gas business.
  • PETRONAS seeks to be the vanguard of new developments.
  • In each of the functions that supports this drive - finance, human resource and technology - PETRONAS will also be proactive and dynamic.
  • The centre will be small, and add value, not cost.
  • Size will not be the key driver of portfolio development; PETRONAS aspires to achieve "quality growth".
  • PETRONAS will be customer focused.
"Multinational"
  • PETRONAS aims to be a multinational in outlook, both externally and internally.
  • Externally, PETRONAS will focus on establishing a portfolio of advantaged businesses internationally across the spectrum of its core oil and gas business.
  • Internally, PETRONAS aims to become more multinational and develop an increasingly international culture and world-class organisational, management and business practices while retaining a distinct Malaysian identity.
  • As PETRONAS becomes increasingly multinational, it aspires to be a good corporate citizen.
"of Choice"
  • PETRONAS aspires to be keenly preferred by all stakeholders; host Governments, oil and gas majors, suppliers, and employees.
  • To achieve this, PETRONAS, both the organisation and its individuals, will focus on three imperatives:
    • Adherence to its Mission
    • To conduct itself in a way wholly consistent with its Values
    • To maintain a resolute focus towards the realisation of its Goals

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