ABOUT PETRONAS Petronas turns 30 this year and for such a relatively young company it has earned a reputation as a serious and able player in the global oil and gas arena. Established on 17 August 1974, Petronas (Petroliam Nasional Berhad), Malaysia's national oil company had grown to become a multinational corporation with an increasingly significant global presence. From being a mere regulator and manager of Malaysia's upstream sector, it has evolved into a fully integrated company that is engaged in a broad spectrum of oil and gas operations worldwide. With business operations in just 35 countries, Petronas today derives about 80% of its revenue from international operations and exports.
Ranked among the Fortune Global 500 largest corporations in the world (no. 186, 2003), Petronas has now reached an important milestone in its journey towards its vision becoming a leading oil and gas multinational of choice as its turns 30 this year.