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PETRONAS SPONSORS CICM RESPONSIBLE CARE AWARDS 2005
PETRONAS is sponsoring the Responsible Care Awards 2005 organised by the Chemical Industries Council of Malaysia (CICM), reinforcing its commitment towards continuous improvement in all aspects of health, safety and environment protection.The Awards, initiated in 2002 under CICM’s Responsible Care Programme, is an annual recognition given to signatories of the Programme that have voluntarily pledged their commitment to manage their businesses according to the Programme’s 10 Guiding Principles and six Codes of Management Practices. Previously, DuPont, ExxonMobil and The Dow Chemical Company sponsored the Awards.
Originated in Canada in 1984, Responsible Care has since been voluntarily adopted by the chemical industry in 46 countries. In Malaysia, the Programme currently has 82 signatory companies, 10 of which are from the PETRONAS Group. (more…)
PETRONAS SPONSORS CICM RESPONSIBLE CARE AWARDS 2005
PETRONAS is sponsoring the Responsible Care Awards 2005 organised by the Chemical Industries Council of Malaysia (CICM), reinforcing its commitment towards continuous improvement in all aspects of health, safety and environment protection.
The Awards, initiated in 2002 under CICM’s Responsible Care Programme, is an annual recognition given to signatories of the Programme that have voluntarily pledged their commitment to manage their businesses according to the Programme’s 10 Guiding Principles and six Codes of Management Practices. Previously, DuPont, ExxonMobil and The Dow Chemical Company sponsored the Awards. (more…)
PETRONAS COMMEMORATES 10 YEARS IN FORMULA 1, KICKS OFF PROMOTIONAL ACTIVITIES FOR 2005 MALAYSIAN FORMULA 1 GP
PETRONAS today commemorates its 10 years of involvement in Formula 1, reflecting on a decade marked with significant value-adding developments and achievements resulting from its participation in the prestigious motor sport.In an austere yet very meaningful commemoration ceremony officiated by Prime Minister Dato’ Seri Abdullah Haji Ahmad Badawi, PETRONAS also kicks off its promotional and community relation activities for the 2005 PETRONAS Malaysian Formula 1 Grand Prix in the continuous efforts to share its Formula 1 experience with all Malaysians.
PETRONAS first entered into the world of Formula 1 in 1995 in search of a powerful platform that would enhance and position its brand name globally to support its expansion into the increasingly competitive international oil and gas business. (more…)
PETRONAS AND PARTNERS EXPORT FIRST LNG FROM EGYPT
Cairo, Egypt: PETRONAS, together with its partners BG International Limited (BG) and Egyptian General Petroleum Corporation (EGPC), have successfully delivered their first liquefied natural gas (LNG) cargo to Asean LNG Trading Company Ltd (ALTCO), a subsidiary of PETRONAS.
The delivery is the partners’ first cargo commitment under a five-year sale and purchase agreement signed with ALTCO and BG Gas Marketing Ltd (BGGM). Under the agreement, ALTCO and BGGM will on a 50:50 basis lift 1.45 million tonnes of LNG annually from the Damietta LNG Complex in Egypt, owned by Spanish Egyptian Gas Company (SEGAS). The plant receives its feed gas from the West Delta Deep Marine (WDDM) Concession Area under a separate five-year processing agreement it reached with Egyptian Natural Gas Company Holding (EGAS). PETRONAS has a 50 per cent working interest in the WDDM Concession Area, about 140 kilometres away from the LNG Complex.
The LNG was loaded into an ALTCO’s vessel at the Complex last Friday. The cargo is among the first batch of LNG shipments from Egypt and marks the product’s first export by PETRONAS and its partners from the country.
PETRONAS, which first entered Egypt in 2001 through a joint venture with Shell in the North Mediterranean Deep Water (NEMED) block, is an active player in the country’s upstream and downstream oil and gas activities. It has a strategic interest in the Egyptian LNG Project (ELNG) in partnership with BG, EGPC and EGAS. The ELNG project comprises the development and operation of LNG liquefaction plant and related infrastructure at Idku, approximately 50 kilometres east of Alexandria. The first of the plant’s two trains is expected to come on stream middle of this year.
Issued by
Media Relations & Information Department
PETRONAS AND PARTNERS EXPORT FIRST LNG FROM EGYPT
Cairo, Egypt: PETRONAS, together with its partners BG International Limited (BG) and Egyptian General Petroleum Corporation (EGPC), have successfully delivered their first liquefied natural gas (LNG) cargo to Asean LNG Trading Company Ltd (ALTCO), a subsidiary of PETRONAS.
The delivery is the partners’ first cargo commitment under a five-year sale and purchase agreement signed with ALTCO and BG Gas Marketing Ltd (BGGM). Under the agreement, ALTCO and BGGM will on a 50:50 basis lift 1.45 million tonnes of LNG annually from the Damietta LNG Complex in Egypt, owned by Spanish Egyptian Gas Company (SEGAS). The plant receives its feed gas from the West Delta Deep Marine (WDDM) Concession Area under a separate five-year processing agreement it reached with Egyptian Natural Gas Company Holding (EGAS). PETRONAS has a 50 per cent working interest in the WDDM Concession Area, about 140 kilometres away from the LNG Complex. (more…)
PETRONAS AWARDS CONTRACT FOR KEBABANGAN OIL FIELD TO PETRONAS CARIGALI AND CONOCOPHILLIPS
PETRONAS today signed a Production Sharing Contract with PETRONAS Carigali Sdn Bhd and ConocoPhillips for the Kebabangan Oil Field offshore Sabah.This contract is the third to have been awarded to ConocoPhillips in Malaysia; the other two for Deepwater Blocks G and J, also offshore Sabah, where the company is in partnership with PETRONAS Carigali and Shell.
The Kebabangan Oil Field, which covers an area of about 30 square kilometres, is situated about 94 kilometres northwest of Kota Kinabalu in water depths ranging from 120 metres to 250 metres. (more…)