dual-icons - · pdf filein this edition of nada, ... dual-icons new perspectives and facets...
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Petroliam Nasional Berhad, MalaysiaPP 2986/01/2010(023290)
3/2009
BIOREMEDIATION IN THE SUDAN
dual-IconsNew PersPectIves aNd Facets oF the
PetroNastwIN towers
New PersPectIves aNd Facets oF the
PetroNastwIN towers
PETRONAS IN TURkMENISTAN
A MUTUAlly BENEfIcIAl PARTNERSHIP
PETRONAS IN TURkMENISTAN
A MUTUAlly BENEfIcIAl PARTNERSHIP
Petroliam Nasional Berhad, MalaysiaPP 2986/01/2010(023290)
3/2009
BIOREMEDIATION IN THE SUDAN
dual-IconsNew PersPectIves aNd Facets oF the
PetroNastwIN towers
New PersPectIves aNd Facets oF the
PetroNastwIN towers
PETRONAS IN TURkMENISTAN
A MUTUAlly BENEfIcIAl PARTNERSHIP
PETRONAS IN TURkMENISTAN
A MUTUAlly BENEfIcIAl PARTNERSHIP
CONTENTSIN thIs Issue of NADA PetRoNAs
4 18PETRONAS in Turkmenistan A Mutually Beneficial
Partnership
Bioremediation in the SudanA natural and biodiversity-friendly
way to treat produced water
main story environment
25 corporate Roundup Notable events in PETRONAS
10 dual-IconsNew perspectives and facets of
the PETRONAS Twin Towers
pictorial
14 collaboration key to Enhancing OPI Initiatives
Increasing efficiency collectively
focus
12 A Sustainable Energy System The role of natural gas
and the way forward
focus
16 PETRONAS PRIMAX 95Better fuel economy and
efficiency
focus
21 PETRONAS’ Education SponsorshipsPaving the way for promising careers
community
24 PETRONAS Sustainability Report 2009
10 18
4
21
16
editorial note
YouR sAY...
Cover: Soaring above the Kuala Lumpur skyline, the PETRONAS Twin Towers are lasting monuments to the ambition and achievements of a nation on the move, as it marches into the future. The Twin Towers are featured in the PETRONAS Corporate Calendar 2010.
Nada PETRONAS is the corporate newsletter of the PETRONAS Group of Companies published quarterly by the Corporate Communications Department of the Legal and Corporate Affairs Division. Opinions expressed in the newsletter do not necessarily reflect the official views of PETRONAS and its Group of Companies.
PRINTED BYCetakrapi Sdn Bhd
© 2009 PETROLIAM NASIONAL BERHAD (PETRONAS)All rights reserved. PETRONAS makes no representation or warranty, whether express or implied, as to the accuracy or completeness of the facts presented. PETRONAS disclaims responsibility from any liability arising out of reliance on the contents of this publication.
Send us your feedback on what you want to see in future issues. We also welcome your views on stories featured in the current issue. To share your opinions or contribute articles, please write to:
The EditorNada PETRONASCorporate Communications DepartmentLevel 70, Tower 1, Petronas Twin TowersKuala Lumpur City Centre, 50080 Kuala Lumpur Malaysia
IN this edition of Nada, the main story features PETRONAS’ efforts in developing the petroleum industry in Turkmenistan. Read how PETRONAS is involved in the ongoing development of the Caspian region.
Also in this edition of Nada, we feature some new perspectives and facets of the PETRONAS Twin Towers in pictorial form. These pictures are also showcased in PETRONAS' Corporate Calendar for 2010.
In the Focus section, read about PETRONAS' ongoing efforts to achieve operational excellence through Operating Performance Improvement (OPI) initiatives. Recently, PETRONAS organised the OPI Forum 2009 to promote collaboration in OPI initiatives for both the upstream and downstream sectors.
We also feature a story on the recently launched PETRONAS PRIMAX 95. In support of the Malaysian government's aspiration to provide quality petrol at a reasonable price, PETRONAS was the first to introduce a RON 95 fuel in Malaysia, the PETRONAS PRIMAX 95.
In the Environment section, read about how PETRONAS’ bioremediation in the Sudan transforms produced water from our operations into safe, clean water for agricultural use. It is also helping to create a sanctuary for animals and plants.
Last but not least, read our Community section on how PETRONAS' education sponsorship at Universiti Teknologi PETRONAS resulted in life changing experiences for three Vietnamese graduates.
Nada Editorial Team
BuILDING AND sustAINING LoNG-teRM PARtNeRshIP
Petroliam Nasional Berhad, MalaysiaPP 2986/01/2010(023290)
3/2009
BIOREMEDIATION IN THE SUDAN
dual-IconsNew PersPectIves aNd Facets oF the
PetroNastwIN towers
New PersPectIves aNd Facets oF the
PetroNastwIN towers
PETRONAS IN TURkMENISTAN
A MUTUAlly BENEfIcIAl PARTNERSHIP
PETRONAS IN TURkMENISTAN
A MUTUAlly BENEfIcIAl PARTNERSHIP
cover story
4 PIoNeeRING PARtNeRshIP
tUrKMeNIstaN is an important player in the global energy market due to its vast oil and gas reserves and its strategic location in Central Asia. the country represents not only a substantial source of oil and gas but also a growing investment opportunity.
petronas in turkmenistan a mutually beneficial partnership
5PIoNeeRING PARtNeRshIP
As Turkmenistan looks to increase and diversify its oil
and gas exports to foreign markets, it has taken a series
of economic reforms to encourage collaboration with
foreign investors, especially in the oil and gas industry.
In recognising Turkmenistan’s huge oil and gas
potential in Central Asia early on, PETRONAS signed
the nation’s first Production Sharing Contract (PSC) for
Block 1 in 1996.
The various challenges in setting up operations
in Block 1 in the landlocked Caspian region aided
PETRONAS in laying the foundations for a long
term partnership with Turkmenistan in the field of
exploration and production, as well as infrastructure
and capability building.
Thirteen years on, this partnership has grown
in line with Turkmenistan’s national aspirations.
Through the application of technology, infrastructure
development, and the sharing of knowledge and
expertise, PETRONAS’ venture in Turkmenistan’s
petroleum industry has resulted in a mutually beneficial
collaboration for both PETRONAS and Turkmenistan.
In preparation for gas operations in the Magtymguly
field of Block 1, PETRONAS Carigali (Turkmenistan)
Sdn Bhd (PC(T)SB) took ownership, in July this year,
of the mobile offshore production unit (MOPU)
Saparmyrat Turkmenbasy and the floating storage and
offloading (FSO) vessel Ozughan from Single Buoy
Moorings Inc.
In infrastructure development, Malaysia Marine
and Heavy Engineering Sdn Bhd (MMHE), a wholly
owned company of PETRONAS’ shipping subsidiary
MISC Berhad, is the engineering, procurement,
construction, installation and commissioning (EPCIC)
main contractor for the ongoing construction of the Oil
and Gas Terminal (OGT) in Kiyanly on the coast of the
Caspian Sea to receive gas from the Magtymguly field.
Through MMHE, PETRONAS is working closely with
local Turkmenistan contractors in constructing the OGT.
MMHE also constructed the first fabrication yard
in Kiyanly to facilitate the construction of offshore
MMhe ALso CoNstRuCteD the fIRst fABRICAtIoN YARD IN KIYANLY to fACILItAte the CoNstRuCtIoN of offshoRe PLAtfoRMs to Be DePLoYeD IN BLoCK 1. oNe suCh PLAtfoRM Is the MAGtYMGuLY CoLLeCtoR AND RIseR PLAtfoRM, the MCR-A, AN offshoRe GAs PLAtfoRM whICh Is uNDeR CoNstRuCtIoN.
6 PIoNeeRING PARtNeRshIP
platforms to be deployed in Block 1. One such
platform is the Magtymguly collector and riser
platform, the MCR-A, an offshore gas platform which
is under construction.
In the future, the fabrication yard will be used to
construct offshore platforms for other projects in the
Caspian region. The fabrication yard will also be the
first facility in Tukmenistan to service offshore drilling
units, enhancing Turkmenistan’s position as a leading
fabrication and service centre.
The OGT and the fabrication yard in Kiyanly are
also expected to increase the economic activity in and
around Kiyanly, resulting in the creation of new jobs.
education and Capability Development
As Turkmenistan’s economic policy is ultimately
geared towards the welfare of its people and the
prosperity of the nation, its government pays special
attention to education and capability development.
Collaborating on this common objective,
PETRONAS together with the Turkmenistan
government implemented various initiatives that focus
on education and capability building to further develop
Turkmenistan’s oil and gas sector workforce.
In support of the government’s efforts to develop
Turkmenistan’s best and brightest students into
engineers in various fields, a sponsorship programme
was established for these students to attend
undergraduate and postgraduate courses at Universiti
Teknologi PETRONAS (UTP) in Malaysia. Fifty-two
Turkmenistan students have graduated from UTP since
A teChNICIAN tRAINING CeNtRe hAs BeeN estABLIsheD IN tuRKMeNBAshY IN CoLLABoRAtIoN wIth INstItut teKNoLoGI PetRoLeuM PetRoNAs (INsteP), wheRe tuRKMeNIstAN teChNICIANs sPeND ABout A YeAR At the tRAINING CeNtRe AND fuRtheR theIR tRAINING IN PetRoNAs’ MALAYsIAN oPeRAtIoNs.
7PIoNeeRING PARtNeRshIP
the first sponsorship in 1998, while 43 Turkmenistan
students are currently studying in UTP.
Also, a Technician Training Centre has been
established in Turkmenbashy in collaboration with
Institut Teknologi Petroleum PETRONAS (INSTEP),
where Turkmenistan technicians spend about a year
at the Training Centre and further their training
in PETRONAS’ Malaysian operations. Eighty-
five technicians have completed their training in
Turkmenbashy and are currently attending on-the-
job training at various locations in Malaysia.
Various activities are conducted on a regular basis
through PC(T)SB in the form of welfare, cultural as
well as sports programmes. For example, PETRONAS
supported the Children’s Fund of Turkmenistan by
providing books to a children’s library in the capital
Ashgabat, benefitting 64 schools and more than
150 institutions of learning. In 2008, PC(T)SB’s
staff organised a programme for underprivileged
children in conjunction with the holy month of
Ramadan. In that same year, PC(T)SB, together
with the PETRONAS Adventure Team, participated
in the government’s Green Belt Programme, where
trees were planted in Turkmenbashy to encourage
environmental awareness.
These activities also play a role in enhancing
good relations and networking, promoting cultural
understanding and communication among
PETRONAS’ employees in Turkmenistan.
Cultural performances were also organised in
Ashgabat to share Malaysian culture with the people
of Turkmenistan.
Going forward, PETRONAS is committed in
helping to further develop Turkmenistan’s oil and
gas industry, which is playing an increasing role in
addressing global energy needs.
8 PIoNeeRING PARtNeRshIP
CouNtRY fACts
total area488,100 sq km (Roughly the size of the United
Kingdom)
Population4.89 million (mid-2009 estimate; US Census Bureau)
CapitalAshgabat
ClimateContinental desert; summer temperatures regularly
reach 45-50°C
LanguagesTurkmen is the state language; Russian is widely spoken
in the towns and Uzbek is spoken by the ethnic Uzbek
minority, mainly in northern Turkmenistan
CurrencyManat (USD$1 = approx 2.85 Manat)
timeFive hours ahead of GMT
fiscal yearCalendar year
Major public holidaysJanuary 12th (Memorial Day); February 19th (Turkmen Flag
Day); March 21st-22nd (Spring holiday); May 9th (Victory
Day); May 18th (Revival and Unity Day); October 2nd (end of
Ramadan); October 6th (Remembrance Day for the victims of
the 1948 earthquake); October 27th-28th (Independence Day);
December 8th-10th (Kurban Bairam ); December 12th (Day of
Neutrality of Turkmenistan)
9PIoNeeRING PARtNeRshIP
1996• PC(T)SB was awarded Block 1 by the
Turkmenistan government through the
signing of the country’s first offshore PSC.
It is 100 per cent operated by PC(T)SB with
a production period of 20 years. Block 1
is a 1,900 sq km area in the Caspian Sea,
comprising the Magtymguly (East Livanov),
Owez (Central Livanov) and Diyarbekir
(Barinov) fields
1997• Completed the first acquisition of 1,749 line
km of 2D and 81,706 line km of 3D seismic
data in the Block 1 contract area
1998•PC(T)SB spudded its first well, Magtymguly –
1X (East Livanov), making it the first offshore
exploration well drilled in Turkmenistan since
the country’s independence in 1991
1999• Completed drilling of second commitment
well, Diyarbekir -1A (Barinov), in March
2001• Owez-1X (Central Livanov) commitment well
was spudded on 24 October
2002• PC(T)SB completed drilling its fourth well,
Magtymguly 2A (East Livanov), offshore
Block 1. It completed all its well commitments
under Block 1 PSC, including drilling of the
fourth well
2004•The MOPU and FSO fabrication works
began at Lamprell Energy Limited yard in
Jebel Ali, United Arab Emirates (UAE) and
Maritime Industrial Services yard in Sharjah,
UAE respectively
2005•PETRONAS successfully transported the
MOPU and FSO to the Caspian Sea for the
Diyarbekir field Extended Well Test (EWT).
This marked the first offshore EWT method
in Turkmenistan, an innovative concept to
develop small hydrocarbon facilities in the
country
2006•The inaugural lifting of 40,000 barrels of
Diyarbekir crude oil took place successfully,
marking a significant milestone in the
partnership between the Turkmenistan
government and PETRONAS
2007• Heads of Agreement (HOA) for the Gas
Development Project was signed on 10
March.
•The Turkmenistan Development Project
surpassed two million man hours worked
without Lost Time Incident
•Turkmenistan President, His Excellency Mr
Gurbanguly Berdimuhamedov, officiated
the ground breaking ceremony of PC(T)SB’s
fabrication yard at Kiyanly
2008•PC(T)SB discovered significant oil and
gas from the South Mashrykov-1 well
situated in the South Flank of Block 1.
It is part of an exploration programme
to assess and prove up additional
hydrocarbon resources to support the
overall oil and gas development in Block 1
•The installation of Magtymguly Drilling
Platform (MDP-A) was completed
2009•The MOPU Saparmyrat Turkemenbasy
and FSO vessel Ozughan were acquired
from Single Buoy Moorings Inc
•The first shipment of linepipes was
transported from Kuantan, Malaysia to
Kiyanly
• Construction of the two hulls of the
Derrick Lay Barge in Singapore was
completed. Joining of the two hulls
would be done in the Caspian
exPLoRAtIoN, DeveLoPMeNt AND PRoDuCtIoN of BLoCK 1
10 DuAL-ICoNs
SOARING above the Kuala Lumpur skyline, the
PETRONAS Twin Towers are lasting monuments to
the ambition and achievements of a nation on the
move, as it marches into the future.
A singular idea expressed in two mirror-image
structures, the inception and completion of the
PETRONAS Twin Towers firmly placed Malaysia on the world
architectural map as the home to a distinctive contemporary marvel,
expressing through its construction the dynamic ideas of a country
aspiring to new heights.
Behind the completion of this contemporary architectural marvel
is the National Oil Company PETRONAS, which has come a long way
from its humble beginnings in 1974 to emerge as a global corporation.
The PETRONAS Twin Towers express of the Corporation’s
determination to overcome challenges to succeed in an increasingly
competitive world.
From the rudimentary sketches on paper to its final manifestation
in glass and steel, gleaming in the equatorial sun, the PETRONAS
“theY ARe uNIqueLY MALAYsIAN BuILDINGs But theIR IMAGes BeLoNG to the woRLD, IN the sAMe MANNeR
thAt the PYRAMIDs of eGYPt AND the eIffeL toweR ALso Do”
CesAR PeLLI– Architect of the PETRONAS Twin Towers
The design of the PETRONAS
Twin Towers is inspired by Islamic
culture, Kuala Lumpur’s equatorial
climate and Malaysia’s traditional
craft and design
dual-Icons
pictorial
Twin Towers have lived up to the aspirations of the visionaries
behind it, capturing the world’s admiration. The twin structures
are not merely architectural icons but also embodiments of a
nation’s determination and resilience.
For this edition of Nada, we provide some images featured in
the PETRONAS Corporate Calendar 2010 themed dual-Icons -
The PETRONAS Twin Towers.
New PeRsPeCtIves AND fACets of the PetRoNAs twIN toweRs
11DuAL-ICoNs
The motive of the lobby floors
and walls were inspired by similar
designs found on traditional
‘mengkuang’ mats and ‘bertam’ fibre
walls in traditional homes
The Dewan Filharmonik
PETRONAS, home to the
Malaysian Philharmonic
Orchestra
The As-Syakirin
Mosque, a place of
worship, reflection and
contemplation
Elegance - the Malaysian Petroleum
Club offers diners a unique experience to
remember
The Galeri PETRONAS
contributes to the
preservation, development
and promotion of art and
culture
• Standing at the height of about 452 metres above street level, with 88 storeys,
the PETRONAS Twin Towers are the tallest twin structures in the world.
• The construction utilised 300,000 tonnes of steel per tower and 77,000 square metres of glass.
• The two halves of the PETRONAS Twin Towers are linked by a two-storey ‘Sky Bridge’ added at the 41 and 42 floors, which also doubles as an exit during emergency evacuations.
• Occupants are ferried by 29 double-decker high speed passenger lifts and 10 escalators
in each tower.
• The building’s basement parking accommodates 5,400 parking bays
spread over five levels.
INteRestING fACts ABoutthe PetRoNAs twIN toweRs
a sustainable energy system the RoLe of NAtuRAL GAsAND the wAY foRwARD Collaboration and Cooperation among industry players, poliCy-makers and stakeholders are essential in ensuring natural gas plays a larger part in the world’s energy equation in the future.
IN light of the issue of climate change and the increasing push for
lower global carbon emissions, industry players at the 24th World
Gas Conference (WGC) in Buenos Aires, Argentina, said that
natural gas, being abundant and the cleanest-burning fossil fuel,
would be a strong candidate to bridge current carbon-intensive
fossil fuel with non-fossil energy of the future.
Fourteen keynote speakers including heads of energy
companies and government representatives identified several key
elements and measures to be taken by the industry, policy makers
and stakeholders to propel the attractiveness of natural gas in a
sustainable energy system.
Focusing on the WGC theme, “The Global Energy Challenge:
Reviewing the Strategies for Natural Gas”, speakers highlighted
that as living standards rise and urban populations expand,
satisfying ever-growing energy demand in a sustainable way has
become probably the world’s biggest challenge. It is one that is
political, practical and economic.
PETRONAS President and Chief Executive Officer Tan
Sri Mohd Hassan Marican, in his keynote address titled
“Contribution of the Natural Gas Industry to a Sustainable
Energy System”, added that although natural gas was well placed
to play a vital role in any emergent sustainable energy system, it
needed to be sustained through innovation, technology, credible
partnerships amongst all stakeholders, underpinned by the
adequate availability of skilled talent.
“While natural gas may clearly be today’s forerunner in an
emergent sustainable energy system, concerted efforts on the
part of the industry is still required to ensure that it remains safe,
reliable and above all affordable,” Tan Sri Hassan said.
In spurring gas utilisation within the context of developing
gas markets, the elements needed to sustain and enhance the
contribution of natural gas in a sustainable system includes
careful and coordinated planning, successful partnerships
between National Oil Companies
and International Oil Companies,
coherent policies to ensure adequate
and timely investments in both physical
infrastructure and human capital, as well
as the steady application of technology to
constantly add value to gas resources, he added.
Efforts to discover new resources will be essential not only
to ensure adequate supplies to meet rising demand, but also to
open up a more diverse array of supply options, to the extent
that they exist closer to market, can be marketed more affordably
and contribute towards overall energy security objectives, Tan Sri
Hassan elaborated.
Floating Liquefied Natural Gas technology that influences the
threshold field size that can be commercialised as well as combined
cycle gas turbine (CCGT) technologies that expand conversion and
end-user technologies would help enhance the attractiveness of
natural gas as a fuel of choice for power generation, undoubtedly
increasing the competitive edge of natural gas over other fuels such
as coal.
“In some cases, particularly where gas has to be transported
over large distances, small markets may be unable to support the
full potential of natural gas, requiring collaborative region-wide
approaches that forge a fully-functioning integrated gas market,
backed by a programme of inter-governmental cooperation and
mutually coherent energy policies, to generate the necessary
economies of scale,” he added.
An actively tradable international natural gas market was also
highlighted by several keynote speakers as an important element
in sustaining the healthy development of the gas industry, as this
would facilitate the true economic value of the resource, achieving
efficient resource allocation and help drive natural gas as a
sustainable energy source.
12 wGC
focus
Tan Sri Hassan elaborated that
where price discovery could not be
achieved through an actively tradable
market, then the best mechanism
may still be the “netback market value
approach”, with gas priced in relation to competing fuels within the
framework of long-term contracts.
Another key element he referred to was the human capital
dimension with a need for more collaborative efforts to forge a sound
collective position for effective solutions that address both short-
term imbalances and lay the foundations for the industry’s long-term
sustainability.
BP Group Chief Executive Mr Tony Hayward, in his keynote
address titled “The Role of Gas in the Future of Energy”, summed
up the drive for natural gas as “an evolution – not a revolution in
the energy mix” that required a roadmap for this transition to be
built around a clear and realistic understanding of the existing
infrastructure, changing technology, economic incentives and the
inevitable policy trade-offs that industry players would face along the
way.
The share of renewable energy in the world’s energy mix would
undoubtedly increase, with alternatives such as wind power and
nuclear energy fast gaining ground in the world.
“We need to take carbon out of the energy mix today and we need
to be realistic about achieving that. The technology, infrastructure
and regulatory framework for those alternative energies are expected
to take decades to be deployed at scale. Gas is the fuel that
offers the greatest potential to provide the largest reductions at
the lowest cost – and all that by using technology that’s available
today,” Mr Hayward said.
In addressing security of supply and related investments, Mr
Alexey B Miller, Deputy Chairman of the Board of Directors and
Chairman of the Management Committee of GAZPROM, was
of the view that strengthening the trust among market players
through a variety of cooperative and coordinative measures
played a positive factor in ensuring gas market safety.
For example, the activities of the Gas Exporting Countries
Forum (currently engaged in forming a permanent organisational
structure) include joint analysis of supply and demand trends of
the global gas market, pricing issues, investment programmes and
coordination of major projects.
Mr Miller explained that despite the obvious benefits of
natural gas compared to other fuels, the role of gas in the global
energy balance was not guaranteed and further integration of
efforts by natural gas market stakeholders was still needed.
“We (GAZPROM) believe that all of us who are interested
in developing the natural gas industry, namely the International
Gas Union, should be more active in shaping the world energy
development model,” Mr Miller added.
He referred to the Russian government’s initiative to adopt a
new international energy treaty, that would also effectively protect
the interests of those countries that produce and consume energy
resources and to prevent future transit crises.
The keynote speakers shared their views on the gas industry
at the forum that brought together more than 3,500 participants
from over 83 countries. The forum was held from 5 – 9 October
2009.
13wGC
OPIFORUM 2009
14
OPIFORUM 2009
oPI
OPERATIONAl Performance Improvement (OPI) enables the
upstream and downstream sectors to manage their operations
more efficiently as well as confront and resolve emerging issues,
which will have a bearing on how well people and assets perform
to meet expectations.
With this upfront planning, there is an opportunity to
minimise cost overruns, while keeping equipment operating at
maximum capacity.
OPI strongly promotes the prudent management of costs,
in line with the industry’s best practices in today’s challenging
environment.
Using OPI, industry players can look closely at the links in the
performance chain, such as procurement practice, systems and
processes, and discover means for maximising production and
maintaining overall integrity.
In practising OPI, people also play a crucial role in ensuring
sustainable OPI performance at the operational level. Proper
succession planning must be put in place to maintain teams of
practitioners who would carry on their responsibilities, to further
improve overall OPI capability.
With new issues and challenges, there will be solutions that
need to be adopted, which would defy the conventional way of
doing things. This is only possible with some mindset change.
PETRONAS’ own experience shows that OPI initiatives can
generate substantial value. For example, at the end of Financial
Year 2009, the average Overall Equipment Effectiveness (OEE) at
PETRONAS’ downstream sector is 93 per cent, representing an
increase of 11 per cent from Financial Year 2005.
In the upstream sector, the successes of OPI were reflected
in the average OEE performance of 94 per cent in Financial Year
2009, representing an increase of nine per cent from 2006.
“I believe our PSC partners will agree that the OPI tools and
methodology introduced under this effort have been useful in
improving operational efficiency, as well as opening up a new
front for our mutual cooperation towards achieving common
goals,” said Datuk Anuar Ahmad, PETRONAS' Vice President of
Human Resource Management Division, during an OPI forum
held recently in Kuala Lumpur.
In the Keynote Address, which he delivered on behalf of
PETRONAS President and Chief Executive Officer Tan Sri Mohd
Hassan Marican, Datuk Anuar said, OPI in the upstream sector
has progressed from the awareness phase to the sustainability
phase.
In one of the forum’s panel discussions, panellist En
Mohamad Anuar Taib, Vice President, Malaysia for Shell
Upstream International Asia said that an area PS Contractors
could collaborate well was in technology. Sharing Shell’s
experience with its Real Time Operation Centre used in its well
engineering and completion group, he said the collaborative
efforts between offshore and onshore staff utilising the system’s
technology in all stages of a well delivery process resulted in
response time reduction from 15 days to just one day.
On the issue of cost, panellist Pn Wan Noor Aini M Noor,
Senior General Manager, Group Supply Chain Management
(GSCMD), PETRONAS, cited examples of GSCMD’s
collaboration with a number of partners to bring about cost
optimisation.
For instance, GSCMD collaborated with partners
and Original Equipment Manufacturers in standardising
requirements and renegotiating shared services, resulting in
substantial reduction of cost.
Cost optimisation is especially relevant in the current high
operating cost environment. OPI facilitates planning initiatives to
minimise cost overruns.
CoLLABoRAtIoN KeY to eNhANCING oPI INItIAtIves
the oil and gas industry is facing very challenging times, as highly volatile oil prices and high operating costs have adversely impacted the industry. In order to address this situation, the industry needs to increase efficiency collectively and one of the best ways to do this is by collaborating on operational excellence.
focus
OPIFORUM 2009
Mr Hugh W Thompson, Chairman, ExxonMobil Exploration
& Production Malaysia Inc (ExxonMobil) said he believed that
the downstream sector had a lot to offer in terms of cost focus,
operational excellence, mindset change and safety performance,
which the upstream sector can leverage on.
PETRONAS organised the 4th OPI Forum themed “Enhancing
Collaboration in Achieving and Sustaining Operational Excellence”
in Kuala Lumpur, from 8 - 10 November 2009. For the first time, the
annual forum’s participation was extended beyond the OPI fraternity
within PETRONAS to also include representatives from PETRONAS’
operating units and partners in the Production Sharing Contracts
(PSCs), namely ExxonMobil, Murphy Oil, Newfield, Nippon Oil,
Petrofac, Shell, Talisman and PETRONAS Carigali Sdn Bhd.
In accordance with the forum’s theme, the presentations and
discussions focused on the sharing of best practices, lessons learnt
and application of technologies, among others.
What is OPi?in PEtRONas, Operating Performance improvement
(OPi) provides a set of tools and methodologies that emphasise on instilling operational discipline, with the aim of improving operational excellence of PEtRONas’ producing assets. through proper application of the OPi methodology and tools, these assets will be able to operate at maximum capacity, with minimal downtime.
OPi was initiated as part of a ‘change programme’ mooted in PEtRONas’ Corporate strategic study (Css) in 2002. its implementation stage began in 2003, when OPi was first rolled out to PEtRONas refineries and petrochemical plants in the downstream sector. the original intent of the OPi initiative was to seize opportunities in the performance of the plants by identifying gaps and undertaking appropriate initiatives to address these gaps.
subsequently in 2004, the OPi programme was extended to PEtRONas’ upstream business where it was first piloted by PEtRONas Carigali sdn Bhd at the Bekok fields and the Onshore Gas terminal (OGt) in Kertih. the OPi initiative has helped to identify opportunities for operating improvement and the significant success achieved has further encouraged PEtRONas to introduce it to other Production sharing Contractors in mid 2006.
today, PEtRONas continues to implement OPi at other Operating Units in Malaysia and internationally. it is seen as the catalyst for the inculcation of the performance improvement culture across the PEtRONas Group, such that all wholly-owned Operating Units in Malaysia as well as three overseas have successfully embarked on the OPi journey.
PEtRONas’ Group technology solutions (Gts) of Research & technology Division is driving the implementation of OPi initiatives Group-wide, working closely with Operating Units at both the upstream and downstream sectors to close performance gaps.
15oPI
“oPI IN the uPstReAM seCtoR hAs PRoGResseD fRoM the AwAReNess PhAse
to the sustAINABILItY PhAse.”- DAtuK ANuAR AhMAD
16 PRIMAx 95
PetRoNAs PRIMAx 95 (PRIMAx 95) MADe Its DeBut IN the MALAYsIAN MARKet MoNths AheAD of the offICIAL LAuNCh of ReseARCh oCtANe NuMBeR (RoN) 95 PetRoL NAtIoNwIDe. seveRAL MoNths LAteR, It hAs BeCoMe the PRefeRReD fueL of ChoICe foR MANY.
by the honourable Prime Minister Dato' Sri Mohd Najib bin Tun Haji
Abdul Razak, themed "people first, performance now”.
In his speech, Datuk Seri Ismail commended PETRONAS for
introducing this new fuel almost four months ahead of schedule.
He mentioned that the support from the industry players is core to
making the government's aspiration a success.
RON 95 replaced RON 92 fuel beginning 1 September. From
2000-2008, RON 92 fuel was not widely utilised and comprised only
between five and 10 per cent of total petrol consumption in Malaysia.
What is more, switching to RON 95 fuel is friendlier to the
environment, as it is based on the Euro 2-M petrol standards, which
focuses on reducing harmful emissions. Under these standards, total
sulphur and benzene emissions do not exceed 500 parts per million
and five per cent respectively, among others.
In support of the Malaysian government's aspiration, PETRONAS
had been the first to introduce its RON 95 fuel, PRIMAX 95. At the
same time, PRIMAX 95 has been produced to satisfy the Malaysian
ON 1 September 2009, PRIMAX 95 became available at PETRONAS’ retail
stations nationwide at the cost of RM1.80 per litre. Given its many attractive
attributes, especially its easy compatibility or suitability with most cars, it was
well received by motorists.
Initially, following the launch, some motorists were concerned that RON
95 fuel may not be compatible with their vehicles.
In anticipation of these concerns, PETRONAS raised awareness of RON
95 through advertisements and brochures. These highlighted the advantages
of switching to RON 95 fuel, its compatibility with different engines, as well
as the need to ascertain the recommended octane rating fuel for a vehicle,
among others.
When speaking at the launch ceremony of PRIMAX 95 in May 2009 at
PETRONAS retail station located at Precinct 9, Putrajaya, the honourable
Minister for Domestic Trade, Cooperative and Consumerism Datuk Seri
Ismail Sabri Yaakob said that the introduction of RON 95 was in line with
the government's aspiration to provide consumers with quality petrol at a
reasonable price. It also complements the "1 Malaysia" concept introduced
PetroNasPrIMaX 95 BetteR fueL eCoNoMY AND effICIeNCY
focus
17PRIMAx 95
feature
Choosing the best RONRON stands for Research Octane Number,
which is the measurement of the combustion
properties of a fuel. Fuel used by any vehicle
needs to meet the minimum RON requirement
to ensure optimum engine performance.
PetRoNAs DYNAMIC DIeseL foR LoweR eMIssIoNs
PETRONAS introduced the PETRONAS Dynamic Diesel
(Dynamic Diesel) on 20 August 2009, the first diesel fuel in
Malaysia to meet the Euro 2-M diesel standards.
Dynamic Diesel is specially formulated with the SINAR D-07
additive that cleans and maintains the cleanliness of a diesel
engine, resulting in better fuel economy and lower exhaust
emission. The additive’s anti-foaming property effectively
prevents foam build-up during refueling and its ‘de-hazer’
component prevents the formation of fuel-water emulsion, giving
Dynamic Diesel better stability and appearance.
The development of the fuel involved extensive tests and
research. This included field tests using different types of diesel
powered vehicles.
The results obtained exceeded the standard of the World Wide
Fuel Charter's (WWFC) most stringent category of engine tests.
On 1 September 2009, this more environment friendly diesel
became available to motorists at PETRONAS retail stations
nationwide.
motorists' demand for better engine performance and
efficiency, which results in better fuel economy.
PRIMAX 95 has been formulated with advanced
additives for greater performance. A friction modifier
protects engine components, while a combustion
improver enhances overall engine efficiency.
To clean and prevent the build-up of deposits that
degrade engine performance, detergents are also added
to the fuel.
For motorists who need to use RON 97 fuel because
their vehicles have high-powered engines, PETRONAS
continues to make PRIMAX 3 available at selected
stations nationwide. For a listing of PETRONAS retail
stations that offer PRIMAX 3, visit www.mymesra.com.
my.
PETRONAS Dagangan Berhad (PDB), PETRONAS'
domestic retail arm, operates more than 900 retail
stations nationwide. Apart from offering quality fuel, it
also offers various facilities and products to its customers
through its convenience store, Kedai Mesra.
In 2009, PDB was accorded the Readers' Digest
Trusted Gold Brand Award for the eighth consecutive
year for its retail operations in Malaysia.
INteRestING RoN 95 fACts• The octane rating was developed by chemist Russell Marker at
the Ethyl Corporation, a fuel additive company headquartered
in Richmond, Virginia, around the mid 1920s.
• The octane number is determined by evaluating the knock
intensity of the fuel under standard conditions with the blends
of two reference fuels - iso-octane, which resists knocking and
heptane, which knocks readily.
• A good quality petrol is not necessarily one with a higher
RON value but one which suits the needs of the engine.
• RON 95 is widely used globally. It is sold in Australia, Europe,
Ireland and the United Kingdom, among others. In Europe, it
constitutes more than 84 per cent of petrol usage.
• RON 95 petrol is also used widely in major car manufacturing
countries like Japan and the United States.
18 BIoReMeDIAtIoN
– A NAtuRAL AND BIoDIveRsItY-fRIeNDLY wAY to tReAt PRoDuCeD wAteR
bioremediationin the sudan
environment
IN the vAst exPANse of the MuGLAD BAsIN IN the westeRN uPPeR NILe AReA of the suDAN, A huMBLe NAtIve ReeD PItteD AGAINst thousANDs of CuBIC MetRes of 'PRoDuCeD wAteR'* MAY Be LIKeNeD to DAvID BAttLING GoLIAth. It Is ALL IN A DAY’s woRK foR the MoDest PhRAGMItes AustRALIs, the CoMMoN ReeD, As the MILLIoNs of MICRoBes IN Its Root sYsteM sYsteMAtICALLY DevouR effLueNts IN the wAteR, MAKING It sAfe foR AGRICuLtuRAL use.
IN the Sudan, PETRONAS' first bioremediation project began
in 2003 through the joint operating company Greater Nile
Petroleum Operating Company (GNPOC) as a means to treat
produced water efficiently through a natural and biodiversity-
friendly process.
The bioremediation project covers a 600-hectare area
surrounding PETRONAS operations in the Heglig field within
the Muglad Basin in the Western Upper Nile area and treats
more than 361,000 barrels of produced water per day.
The treated water is subsequently used for irrigation,
creating a sanctuary for birds, reptiles, mammals and plants.
As such, the diversity and abundance of birds have been
observed to have risen significantly over the past six years, in
that over 100 species of birds have been recorded in the area.
The avian population is expected to rise further in concurrence
with the maturing of the sanctuary’s ecosystem.
There has been an observable increase in the sanctuary’s
reptilian population, with the most visible being the Nile
monitor lizard and the red-headed rock agama – they feed on
the increasing number of insects, birds and amphibians.
Similarly, the mammalian population in the Heglig field has
shown signs of increase, along with the greater diversity of mammals
being observed. They include the serval cat, Thomson’s gazelle and
banded mongoose.
Such developments have been so encouraging that GNPOC
aims to have all produced water from the Heglig field treated by
bioremediation. Seven other bioremediation projects are underway
to enable GNPOC to meet this target.
Similarly for the Thar Jath field of the Muglad Basin, PETRONAS'
second bioremediation project is being carried out through the
White Nile Petroleum Operating Company. Once in place, the reeds
are expected to take six months to grow, and from there, another
six months are needed for the bioremediation system to stabilise
through monitoring and adjustments.
Overall, the Thar Jath bioremediation system is expected to take
a year-and-a-half to fully establish itself. Once established, the Thar
Jath system would be able to treat an estimated 110,000 barrels of
produced water a day, which would be used in the region’s forest.
Bioremediation is part of PETRONAS’ initiatives to promote
sustainability through efficient use of natural resources. For
19BIoReMeDIAtIoN
the tReAteD wAteR Is suBsequeNtLY useD foR
IRRIGAtIoN, CReAtING A sANCtuARY foR BIRDs, RePtILes, MAMMALs
AND PLANts. *When oil is extracted from the ground in the form of an oil/water fluid
mix, it is treated to separate the oil from the water. After processing, the oil is
removed, leaving the water with dissolved hydrocarbons. This by-product is
called 'produced water'.
PETRONAS, sustainability means carrying out business in a
socially responsible and holistic manner to ensure continued
growth and success for the benefit of both the present and future
generations.
20 BIoReMeDIAtIoN
aN ENviRONMENtally fRiENDly tEChNOlOGyBioremediation is a well-established method for treating organic wastewater using a living system. it is widely used in many countries, such as australia, New Zealand, the United Kingdom (UK) and the United states.
PEtRONas partnered Oceans-altakamul, a UK-based bioremediation consultant, to set up the heglig system, the first in the sudan and the largest bioremediation project in the world. David Knapp, Project Manager for Oceans-altakamul says, “the heglig system is just enhancing a natural process, which is why bioremediation using reed beds is such an environmentally friendly technology, as no extensive infrastructure is required.”
the produced water first undergoes mechanical treatment to remove impurities like oil, grease and suspended solids. the effluent is then pumped to a series of reed bed lagoons planted with the commonly found local reed, phragmites australis.
as the effluent flows through the soil mass rooted with the reeds, hydrocarbons and other chemicals are devoured by indigenous microbes that live in the soil, resulting in clean water.
the reeds also use some of the carbon and nitrogen contained in the water to synthesise their own cellular material. as the roots grow and extend themselves throughout the soil mass, the porosity of the soil increases, allowing for better percolation of the effluent.
the reeds also pump oxygen into the soil via its root system. Microbes along the root mass then use the oxygen to digest and break down the effluents.
the biggest challenge once the reeds are planted, says Knapp, is to keep weed reeds at bay. Due to their rapid growth rates, regular monitoring is carried out to ensure that such reeds do not hinder the growth of phragmites australis reeds.
this includes daily analysis of ph, conductivity, temperature and free oil content for a number of monitoring points within the system. Effluent samples are also routinely analysed for petroleum hydrocarbon, nutrient, dissolved solids and heavy metals.
so far, the established reed beds in heglig’s bioremediation system have proven to be effective. the water monitoring results show the quality of the discharge exceeds sudan’s environmental requirements.
As A ResPoNsIBLe CoRPoRAte CItIzeN, PetRoNAs CoNtINues to Be CoMMItteD to the sustAINABLe DeveLoPMeNt of PeoPLe IN PLACes wheRe we oPeRAte. As huMAN tALeNt Is AN IMPoRtANt eLeMeNt of sustAINABILItY, the CoRe foCus of ouR CoNtRIButIoN to CoMMuNItY DeveLoPMeNt Is oN eDuCAtIoN AND CAPABILItY BuILDING. eveRY YeAR, we sPoNsoR INteRNAtIoNAL stuDeNts to PuRsue teRtIARY eDuCAtIoN At uNIveRsItI teKNoLoGI PetRoNAs (utP) IN tRoNoh, MALAYsIA. the sPoNsoRshIPs hAve ResuLteD IN LIfe-ChANGING exPeRIeNCes foR MANY, the KIND thAt PAves the wAY foR PRoMIsING CAReeRs. IN thIs eDItIoN of NADA, we feAtuRe the stoRIes of thRee vIetNAMese GRADuAtes of utP.
Broadening of horizonsWHAT can one see, standing on the shoulders of giants? This is a
question that has inspired Nguyen Huu Phuoc Nguyen to imagine a life
very different from the reality of his surroundings.
Growing up in the industrial province of Nghe An, Phuoc Nguyen
did not have access to the educational resources available in Hanoi, a
city 300 km away from his provincial hometown surrounded by hills
and mountains. Nonetheless, he never gave up on his ambition to
further his studies and broaden his horizons.
Through his perseverance and belief, he obtained PETRONAS
sponsorship to study Mechanical Engineering at UTP in 2002.
He is now pursuing his doctorate in the US, specialising in
nanotechnology, and living in a modern American city with countless
opportunities.
“I heard about the UTP sponsorship programme during my first
year at university in Hanoi. My ambition was to find sponsorship
to study abroad, because I knew that it was the best option for my
PetroNas’ edUcatIoN sPoNsorshIPsPAvING the wAY foR PRoMIsING CAReeRs
community
education and future,” he says.
However, Phuoc Nguyen was not fluent in English and did not have
as much knowledge as those from Hanoi or other cities. So, he studied
very hard to make up for those limitations, in order to be prepared for
any opportunities that came his way.
His effort was rewarded when he obtained a PETRONAS
sponsorship. He was part of the third batch of Vietnamese students
given a sponsorship to study at the university.
Phuoc Nguyen, who is the President of the Vietnamese UTP Alumni,
now credits his UTP experience with equipping him to deal with the
rigours of postgraduate education in the United States.
“My UTP experience has been very valuable to my personal
development and career success so far. Academically, I had been exposed
to a well-designed programme with an international flavour. I was able
to use international textbooks and modern facilities in an English-
speaking environment,” says the 26 year old.
“There is not much difference between the University of Michigan at
21PetRoNAs sPoNsoRshIP
Ann Arbor and UTP. Sometimes, I think that UTP has better facilities
than my current university, which is a highly respected school for
Mechanical Engineering,” he says with a smile.
Socially, the experience in UTP broadened his mind, as he was
exposed to different cultures. This helped Phuoc Nguyen adapt to new
environments and made his learning experience more meaningful.
“I've been inspired by the difficulties I experienced in my childhood,
and wish to help people as much as I can, while fully realising my
potential. In that regard, the UTP sponsorship really helped me to be
where I am now, as it has given me an opportunity to enrich myself
greatly, both academically and socially,” he says.
Achieving Balance
The opportunity to experience life in a different country motivated
Le Phuong Anh to strive hard in obtaining a PETRONAS sponsorship
to pursue her studies in Business Information Systems at UTP.
“I really enjoyed my time at UTP, and in Malaysia overall. I always
ensured there was a balance between studying and socialising," she says.
"I only had four years at UTP, so I didn't want to waste a second.
I joined almost all the cultural events organised by the International
Students Committee and also by the Vietnamese Association. All those
experiences are things I will never forget,” she adds.
Indeed, Phuong Anh did not neglect her studies and was on the
Dean’s List every semester. She also received the Silver Medal for Best
Final Year Project.
“I think if a student just concentrates on studying or entertainment
alone, it will not be good. Life should be balanced,” she says.
After graduating from UTP, the 24 year old worked with the United
Nations Development Programme (UNDP) before assuming her
present position at Reuters as a Market Data Analyst. She is also the
Secretary of the Vietnamese UTP Alumni and has been offered an
Erasmus Mundus sponsorship to further her studies this year.
“UTP has given me a strong foundation, so that I can dream of
22 PetRoNAs sPoNsoRshIP
23PetRoNAs sPoNsoRshIP
PetRoNAs sPoNsoRshIP PRoGRAMMe foR vIetNAMese stuDeNtsthe PEtRONas sponsorship programme for vietnamese students began in 2000 with assistance and support from the vietnam government through the vietnam Ministry of Education & training (MOEt). vietnamese students are sponsored to pursue studies at UtP for four to five years.
Candidates are shortlisted from various leading universities in vietnam with assistance from MOEt. they are normally first or second year students.
since the programme’s implementation, PEtRONas has sponsored 84 vietnamese students and 48 have graduated.
after graduation, they either continue with postgraduate studies or begin working life.
almost anything and make my dream come true. The sponsorship has really changed my life,”
she says emphatically.
“It’s not only about finances, but also about pride and reputation. I believe that anyone who
takes this opportunity to study at UTP and tries his or her best will achieve almost anything,”
she adds.
Pioneering success
Nguyen My Anh Hoa left her comfort zone when she successfully became part of the
pioneer batch of sponsored Vietnamese students to pursue tertiary education at UTP in 2000.
She was a first year student at the University of Technology, Ho Chi Minh City, when the
sponsorship announcement was made. She applied for it and was successful, but she had some
misgivings.
“I was happy when I got the sponsorship offer because my efforts were finally rewarded,
but I was also nervous because no one I knew had been given this sponsorship before,” she
explained.
As a result, the idea of studying abroad and leaving her family and hometown for the first
time made Anh Hoa anxious.
Nevertheless, she made the decision to leave home and take up the sponsorship. Little did
she know of the profound change that would take place in her life because of it.
“The sponsorship has changed my life indeed. It was a big turning point for me, as I went
from being timid to an open and intrepid person,” she says.
Challenging situations are usually opportunities for personal growth and Anh Hoa realised
that, once she decided to try new things, her life would be enriched in many ways. She decided
not to let her initial difficulties in conversing in English stop her from interacting with others
for instance.
“I was quite shy and sometimes did not have enough courage to speak up. However, at UTP,
students have to participate in group projects, assignments and presentations, as well as other
university activities, such as design exhibitions, cultural shows and student club activities.
Through participation in and contributions to these activities, I spurred myself on to be more
active and have been successful in articulating my thoughts,” she says.
She has also made many friends and says that she has learnt about other cultures through
them.
After graduating with a degree in Chemical Engineering, Anh Hoa leapt at the opportunity
to work with PETRONAS.
“As with UTP, PETRONAS provides many opportunities to develop your skills and that’s
the reason I wanted to work with PETRONAS. I’m a Process Engineer with the Vietnam
Development Project department at PETRONAS Carigali Sdn Bhd. I love my job, as I have
been given many opportunities to develop myself,” she says.Nguyen My Anh Hoa
Phuoc Nguyen
Phuong Anh
sINCe PetRoNAs’ INCePtIoN IN 1974 As the owNeR AND CustoDIAN of MALAYsIA’s PetRoLeuM ResouRCes, we hAve BeeN CoMMItteD to CoNDuCtING ouR BusINess IN AN ethICALLY, eNvIRoNMeNtALLY AND soCIALLY ResPoNsIBLe MANNeR. ouR LAtest sustAINABILItY RePoRt CAPtuRes ouR CoNtINuING CoMMItMeNt to sustAINABLe DeveLoPMeNt.
PETRONAS' Sustainability Report 2009 features the Group’s
performance in the economic, environmental and social spheres.
The reporting framework for 2009 was based on the International
Petroleum Industry Environmental Conservation Association
(IPIECA) guideline, referencing the Global Reporting Initiative
Sustainability Reporting Guidelines (GRI-G3) where appropriate.
For PETRONAS, sustainability means carrying out business in a
socially responsible and holistic manner to ensure continued growth
and success for the benefit of both the present and future generations.
In pursuing this philosophy, we are guided by the PETRONAS
Guidelines for Business Conduct and our Corporate Sustainability
Framework which set out the principles and key elements to be
adhered to in order to ensure integrity and consistency in all our
business undertakings.
The PETRONAS Guidelines for Business Conduct addresses the
challenges of sustainable development as a core focus of our business
approach: It outlines the general principles that govern how
PETRONAS conducts its business, stipulating the requirements
to which all employees must adhere to business integrity; quality;
health; safety and environmental protection; human rights;
commitment to the community; employment practices and
compliance with the local law. It also provides for periodic review
and audit to ensure the continued relevance of and conformance
to the guidelines.
The PETRONAS Corporate Sustainability Framework
focuses on seven key result areas across the social, economic and
environmental dimensions in which our activities have a material
impact to facilitate Group-wide implementation, measurement
and reporting of our economic, environmental and social
performance.
The PETRONAS Sustainability Report 2009 is available at
www.petronas.com.
petronas sustainability report 2009
24 PetRoNAs sustAINABILItY RePoRt
25CoRPoRAte RouNDuP
corporate roundup
DRAGoN LNG offICIALLY oPeNeD
The official opening ceremony of Dragon LNG was held on
2 October 2009 at Dragon Terminal in Milford Haven, South
West Wales to commemorate the completed commissioning
phase as well as commencement of commercial operations
of the receiving and regasification terminal. This terminal
can supply up to five per cent of current UK demand with
the ability to transmit six billion cubic metres of natural gas
per annum to the UK’s National Transmission System.
The shareholders of Dragon LNG include BG Group
(50%), PETRONAS (30%) 4Gas (20%). PETRONAS’
involvement in Dragon LNG enables it to further enhance
its presence in the UK market by strengthening its position
as a gas supplier, creating more opportunities along the gas
value chain.
The first commercial cargo by British Diamond arrived
at the terminal on 8 September 2009, carrying PETGAS’
nominated cargo.
Initially, three cargoes were delivered to the terminal
during the commissioning phase.
PetRoNAs Issues GLoBAL IsLAMIC AND CoNveNtIoNAL BoNDs
In August 2009, PETRONAS issued global Islamic and
conventional bonds, with the deal representing the Group’s
re-entry into the capital markets since 2002. The USD3
billion 5.250 per cent guaranteed notes, due on 12 August
2019, were issued by PETRONAS Capital Limited, while
the USD1.5 billion Shari’a-compliant Ijara Sukuk Trust
Certificates at an annual rate of 4.250 per cent, due on 12
August 2014, were issued by PETRONAS Global Sukuk and
priced on 5 August 2009.
The deal, which was closed on 12 August 2009, was
significantly oversubscribed from the original benchmark
size guidance and has been fully placed to institutional and
accredited investors.
PetRoNAs INtRoDuCes two B-DouBLe tANKeRs
On 5 October 2009, PETRONAS Dagangan Berhad (PDB)
included two units of B-Double tankers into its fleet of
product movers, adding to existing 650 road tankers used for
distribution system throughout Malaysia. PDB is the first in
Malaysia to have such high capacity tankers equipped with
technologically advanced features, such as an an electronic
braking system and roll stability support system.
Each of the tankers consists of a prime mover hauling two
trailers, with a total length of 18 metres. It has a gross train
weight of 61,000 kg and the ability to carry a maximum load
of 54,600 litres.
The PETRONAS B-Double tanker also offers easy
maneuverability and flexible structure. It is designed and
manufactured according to the stringent international UN/
ADR standards for road transportation of hazardous goods.
The European Agreement concerning the International
Carriage of Dangerous Goods by Road is commonly known
as ADR and formulated under the aegis of the United
Nations' Economic Commission for Europe.
The inclusion of these tankers also aims to support the
Ministry of Transport’s aspiration for higher Malaysian road
safety levels, as it reduces the number of smaller capacity
tankers plying between destinations.
PRIMe MINIsteR PReseNts MeRDeKA AwARD 2009 to fouR ReCIPIeNts
On 19 October 2009, four outstanding Malaysians from
diverse backgrounds were presented with the Merdeka Award
2009 by the Prime Minister of Malaysia and Patron of the
Award, Dato’ Sri Mohd Najib bin Tun Abdul Razak, at the
Dewan Filharmonik PETRONAS in Kuala Lumpur.
The recipients honoured for their contributions to the
nation were: Tun Fatimah Hashim and Dato’ Lim Phaik
Gan as joint recipients for the Education and Community
category; Professor Dr Halimaton Hamdan of Universiti
Teknologi Malaysia (UTM) for the Health, Science &
Technology category; and Professor Dato’ Ir Dr Zaini Ujang,
Vice-Chancellor of UTM for the Outstanding Scholastic
Achievement category. The recipient of each category received
RM500,000 cash, a trophy, a work of art by renowned
Malaysian artist Latiff Mohidin and a certificate from the
Patron.
The Merdeka Award was established in August 2007 by
PETRONAS, ExxonMobil and Shell as a combined effort by
the Malaysian oil and gas industry to recognise and reward
Malaysians and non-Malaysians who have made outstanding
and lasting contributions to the nation and people of
Malaysia.
The Award, launched in conjunction with Malaysia’s
Golden Jubilee in 2007, is so named not only in
commemoration of the country’s 50th Merdeka, but also, and
more importantly, to celebrate the true spirit of independence
that drives exceptional individuals or organisations to push
boundaries in their pursuit of excellence.
PetRoNAs CARIGALI wINs Msosh GoLD MeRIt AwARD
PETRONAS carigali Sdn Bhd - Sabah Operations (PcSB-SBO) won the Gold Merit Award at the Malaysian Society
for Occupational Safety and Health (MSOSH) Awards 2008
under the Petroleum, Gas, Petrochemicals and Allied Sectors
category. PCSB-SBO received the award in recognition of
its excellent practices at the Sabah Gas Terminal in Tuaran,
Sabah.
Deputy Minister of Human Resource who is also
Chairman of the National Council for Occupational Safety
and Health, Senator Datuk Maznah bt Mazlan, presented
the award to PCSB’s Senior General Manager of Operations
Division Mr Lau Nai Tuang and General Manager of Sabah
Operations Mr Chris Poheng Uji, at a ceremony held on 7
August 2009 in Kuala Lumpur.
26 CoRPoRAte RouNDuP
PetRoNAs AMMoNIA sDN BhD BAGs the RosPA Best New eNtRY AwARD 2009
PETRONAS Ammonia Sdn Bhd (PASB) was among the winners of
Royal Society for the Prevention of
Accidents’ (RoSPA) Occupational
Health and Safety Awards 2009. It
received the Best New Entry Award,
in addition to the RoSPA Gold
Award received in May, at a ceremony held at the Glasgow
Hilton Hotel in September 2009.
RoSPA awards involve an assessment of a broad
portfolio pertaining to the level of development and
performance in an organisation’s occupational health and
safety management system. Reportable accident rate and
enforcement experience are also taken into consideration.
These awards recognise the dedication and commitment
of PASB’s Management and staff in creating a safer work
environment while striving for a healthier work-life balance.
The award was organised by MSOSH to give due
recognition to organisations that are committed to
protecting the health and safety of personnel and others,
and ensuring a conducive working environment. The
participating organisations were subject to audits by
auditors from the Department of Occupational Safety and
Health, Social Security Organisation, National Institute of
Occupational Safety and Health, Federation of Malaysian
Manufacturers, Malaysian Department of Occupational
Safety and Health, and SIRIM Berhad, among others.
PCSB-SBO was also conferred the Gold Merit Award in
2005.
27CoRPoRAte RouNDuP
PetRoNAs LAuNChes eNGLIsh LANGuAGe PRoGRAMMe 2009
In Vietnam, PETRONAS held the opening ceremony for
the PETRONAS English Language Programme 2009 on 14
August 2009. The objective of the programme is to enable
final year university students in Vietnam to have a better
command of English, making them more marketable in the
job market upon graduation.
Selected students would undergo a four-month course
in several language proficiency skills, such as writing
curriculum vitae, job applications and general business
correspondence, to help increase their chances in securing
employment. Many students who have attended the course
have secured good job opportunities both locally and
abroad, while some of them are pursuing their post-graduate
studies in Australia, US and other countries.
This is the fourth year that PETRONAS has sponsored
the English Language Programme for university students
in Vietnam. With the success of some 160 students from
the first batch in 2006, PETRONAS has extended the
programme in the year 2007, 2008 and 2009. So far, 1,060
students from 14 universities in Hanoi, Hai Phong and Ho
Chi Minh City have benefited from the programme.
ALAM PRoDuCes fIRst BAtCh of feMALe GRADuAtes
Akademi laut Malaysia (AlAM) held its Convocation
Ceremony on 24 October 2009, celebrating the graduation
of 302 of its cadets in Diploma in Nautical Studies and
Diploma in Marine Engineering, as well as the graduation
of the first batch of female cadets. While ALAM was
previously an all-male institution, the academy opened its
doors in 2007 to young women to pursue careers as sea-
going professionals.
This inaugural graduation of female maritime cadets
from ALAM also signals the entry of Malaysian women into
the seafaring profession. As the premier training ground for
maritime professionals in the country, ALAM plays a role in
developing the nation’s human capital seriously.
It is in line with the academy’s aspiration in becoming a
world-class training institution of choice for both men and
women.
LeCtuRe BY RoYAL PRofessoR uNGKu AzIz oN ‘ReAL PoveRtY’
Royal Professor Ungku Abdul Aziz B Ungku Abdul Hamid,
recipient of the Merdeka Award 2008 for the Education &
Community category, delivered a lecture on ‘Real Poverty’ at the
Chancellor Hall of Universiti Teknologi PETRONAS (UTP) on
14 October 2009. He spoke on the causes of poverty in the rural
areas and discussed issues in poverty eradication as well as rural
development.
In his lecture, Royal Professor Ungku Aziz argued that
the provision of nutritious food, good education, good
health care and an improved transportation system will
provide more opportunities for the rural poor and aid rural
development. He advocated the use of a card system to help
the poor to buy groceries or even petrol at selected shops. The
system could be supported by the government to provide up
to RM300 to RM500 each family every month.
The event was part of the Merdeka Award Lecture Series
which was launched early this year and is aimed at providing
an opportunity and platform for the public to hear and be
inspired by the recipients of the Merdeka Award.
PetRoNAs BRINGs MotoGP exPeRIeNCe to the PuBLIC
fiat yamaha Team’s Valentino Rossi made a pit
stop at the PETRONAS
MotoGP Showcase in
KLCC on 21 October 2009
after achieving his eleventh
podium of the season at the
Australian Grand Prix held
at Phillip Island. He was
accompanied by Spaniard
Jorge Lorenzo, teammate and fellow title contender for the 2009 FIM
Road Racing World Championship or MotoGP honours.
The duo met and obliged fans in an autograph session
organised by PETRONAS, the Premium Partner to the Fiat
Yamaha Team.
Rossi and Lorenzo had earlier been presented with the
winning artwork from a group of underprivileged students from
Sekolah Kebangsaan Saujana Utama Sungai Buloh. The students
were participants in an art contest together with the riders from
the PETRONAS Sprinta Yamaha Teams as part of an outreach
programme held earlier that day.