PETRONAS (Petroliam Nasional Berhad) is a Malaysian multinational oil and gas company established in 1974, wholly owned by the Government of Malaysia. Entrusted with the responsibility of developing and adding value to the nation's oil and gas resources, PETRONAS has grown into a fully integrated energy corporation with a presence in over 100 countries. The company's operations encompass the entire spectrum of the oil and gas value chain, including exploration, development, production, refining, marketing, and distribution of petroleum products, as well as petrochemical manufacturing. Committed to sustainability, PETRONAS aims to play a key role in the energy transition by focusing on energy security and delivering energy solutions responsibly.
Under this partnership, both parties aim to establish a “One-Stop Centre”, offering end-to-end logistics services to support upstream oil and gas operations.
The collaboration advances PETRONAS’ growth strategy of partnering with purpose to create sustainable value for its shareholders while delivering reliable energy.
The five-year collaboration is expected to generate vital research data to advance carbon emissions reduction strategies, help conserve mangroves, and create local job and business opportunities.
Petronas supports cross-border renewable energy supply, enabling clean energy transmission between nations to enhance grid stability and regional sustainability.
This delivery signifies the beginning of PLL’s cooperation with PV Gas, a subsidiary of PETROVIETNAM (PVN), paving the way for future collaboration to support Vietnam’s energy security needs.
Designed to maximise resource recovery and enhance production efficiency, the project is tied back to the Gumusut-Kakap Floating Production System (FPS).