Success Stories of Petronas

Petronas, acronym of Petroliam Nasional Berhad, is a government oil company which was established in Malaysia in 1974. unique, many foreign tourists who know Powerhouse, this is not as oil and gas company, but just Petronas Tower. Petronas towers are two twin buildings in Kuala Lumpur which had been the highest building in the world and become a significant tourism object in Kuala Lumpur. Petronas is also join with Formula One racing car (F1) because he became a major sponsor the Formula One team Sauber and provide fuel and lubricants for the team.

Currently, Petonas have been make a big networking and has 103 subsidiaries. In Malaysia itself, everything can be said Petronas. Petronas is the largest fund in the development of Putra Jaya, Malaysia capital of the new ultra-modern and information-based technology.

Petronas does not only contribute in the sense of community pride for Malaysia, but also in the context of economic development. Petronas is the only Powerhouse Malaysia recorded in the Fortune 500 (ranking 120). In 2006, Petronas profits have been so large, reaching U.S. $ 15 billion, or equal to thirty percent of government revenues Malaysia.

Direct or indirect economic contribution is able to lift the Powerhouse income per capital of Malaysia to U.S. 6000% in the year 2006 (Economist, 10/2007) with the number of employees of 33,682 people.

Just as Saudi Aramco, the success of changing the face Petonas participate Malaysia also came from a melee that changes come from within himself. Ironically, the initiative changes began when Deputy Prime Minister of Malaysia - Tun Dr Ismail Al Jaj do honor visit for about an hour to head Pertamina in Jakarta on a lunch date on March 11 1972. Wikipedia (http://ms.wikipedia.org/wiki/Petronas), you will find written evidence of the recognition Petronas own.

In the documents can be read by the public is knowledgeable, is mentioned, leader of Petronas, Tan Sri Tengku Razaleigh Hamzah "triumph with Affected property syarikat Indonesia, Pertamina, namely". So, when grand launching on 1 October 1974 Petronas has a role that really special, which is not taken from Shell, the oil company's Dutch origin who have to build factory in Port Dickson since 1962.

So the meeting in the office Pertamina is the support for Petronas in the form of experts who will be supplied by Pertamina. In fact, until now there are quite a lot of Indonesian engineer working in Petronas and placed in the world, both in Africa and in Europe. Ironically, students always be smarter than the teachers themselves. Why be so? The answer is very simple. Malaysia to take the good things from Pertamina and cover "air-air" on the strength of the original Pertamina. What is adopted and modify it?

Taken raw is a system for the contract. Petronas contract for the system to adopt the findings in the Pertamina oil and gas concessions negotiated with foreign oil companies that have technology. Before Pertamina, very little oil and gas companies in Asia (non-Middle East) that is capable of producing a large economic contribution to the country. With this system, does not need to Pertronas practical interest in fiber-in and does not need to search for the model itself.
Then what needs to be taken?

Petronas finally able to prove that they are not simply "blade enclosure." Currently, Petronas has operations in fifty-nine locations located in 323 countries around the world. In 2005, a successful oil and gas reserves outside the domination of his country has reached 5.9 billion barrels, higher than the domestic reserves (4.2 billion barrels).

Source: Rhenald Kasali, DNA mutation Powerhouse, hal.16-19
translated by Budiyanto Tandean