Task 5: Organization Strategy of Maritime Industry

Organization Strategy of Maritime Industry of PETRONAS

                                                

Vision and Mission

These statements define PETRONAS as an organization, guiding our corporate activities and policies, setting our cost for the future

Vision Statements

To be a Leading Oil and Gas Multinational of Choice

Mission Statement

• We are a business entity
• Petroleum is our core business
• Our primary responsibility is to develop and add value to this national resource
• Our objective is to contribute to the well-being of the people and the nation

Shared Values

Our values are embedded in our culture as the backbone of our business conduct, reflecting our sense of duty and responsibility in upholding our commitment towards contributing to the well-being of people and nations wherever we operate

Loyalty

Loyal to nations and corporation

Integrity

Honest and upright

STRATEGY

                                       

                                                                        PICTURE 1

PETRONAS  is the national oil and gas company of Malaysia and is wholly-owned by the Government of Malaysia. Subsidiaries and associated companies are together, Petronas has fully integrated oil and gas operations in a spectrum of the oil and gas value chain. Petronas have business activities such as the exploration , the liquefaction ,the processing and transmission of natural gas and the sale of natural gas products, the refining and marketing of  petroleum products , the manufacture and sale of petrochemical products , the trading of crude oil, petroleum products including petrochemical products and finally is shipping and logistics. Petronas had committed to ensure business sustainability and also strives to responsibly manage natural resources in a way contributes holistically to be well being of the people and nations where they can operate.