TASK 5

ORGANIZATION STRATEGY IN MARITIME INDUSTRY

(PETROLIAM NATIONAL BERHAD)



ABOUT PETRONAS

PETRONAS, short for Petroliam Nasional Berhad, is a Malaysian oil and gas company that was founded on August 17, 1974. Wholly owned by the Government of Malaysia, the corporation is vested with the entire oil and gas resources in Malaysia and is entrusted with the responsibility of developing and adding value to these resources. Since its incorporation, PETRONAS has grown to be an integrated international oil and gas company with business interests in 35 countries. As of the end of March 2005, the PETRONAS Group comprised 103 wholly owned subsidiaries, 19 partly owned outfits and 57 associated companies. The group is engaged in a wide spectrum of petroleum activities, including upstream exploration and production of oil and gas to downstream oil refining, marketing and distribution of petroleum products, trading, gas processing and liquefaction, gas transmission pipeline network operations, marketing of liquefied natural gas, petrochemical manufacturing and marketing, shipping, automotive engineering and property investment.



VISION

To be a leading and gas multinational of choice.

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


POLICY

1. Transactions with E-Commerce partners
To provide personal financial and other personally identifiable information as well as transaction. Transaction will occur on the e-commerce partner’s site not at My Mesra.

2. Security
The industry standard security enhanced systems in order to prevent third party access to user information. PETRONAS also have put in place privacy protection control systems designed to ensure that PETRONAS members’ personal data remains safe and private.

3. Directories of member
My Mesra provide a directory services to PETRONAS members. Selected information will be collated from customer’s registration from to be included in these directories of members.





STRATEGY

1. Create lasting social benefits

      PETRONAS creates lasting social benefits by employing local people, using local contracts and suppliers, and setting good example through its business practices and ethics through operations done by PETRONAS.

2. To reduce environment and social impacts

      PETRONAS strive to work hard in order to reduce environmental and social impacts out of its operations by safeguarding the health and safety of its employees and neighbors, reducing disruptions to the community, lowering its emissions including greenhouse gases, reducing its impact on biodiversity and depletion of natural capital through using less energy, water and other resources to produce the energy the world needs for development.

3. Ensure protection for the environment

    Not only will PETRONAS gain the competitive advantage that most energy companies require at this important stage in time, it will also ensure the protection that the environment needs for the people to co-exist a little bit longer on this planet and safeguard the future of the next generations.

4. Providing the modern energy

    Through PETRONAS’s portfolio and products, benefits are delivered by providing the modern energy that people need to prosper, and help reduce energy’s impacts by offering cleaner products like natural gas, better bio fuels, and petrol and diesel that help customers drive more fuel efficiently.




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