PETRONAS PMU – Should It Be Wholly Malaysian

From the website:

PETRONAS was incorporated on 17 August 1974 as the national oil company of Malaysia, vested with the entire ownership and control of the petroleum resources in the country. It has since grown from merely being the manager and regulator of Malaysia’s upstream sector into a fully integrated oil and gas corporation, ranked among the FORTUNE Global 500® largest corporations in the world.

From the Petroleum Development Act:

2. (1)The entire ownership in, and the exclusive rights, powers, liberties and privileges of exploring, exploiting, winning and obtaining petroleum whether onshore or offshore of Malaysia shall be vested in a Corporation to be incorporated under the Companies Act 1965 or under the law relating to incorporation of companies.

Of all the departments in PETRONAS, this is what PMU (insider link here) does:

The Petroleum Management Unit (PMU) of PETRONAS acts as resource owner and manager of Malaysia’s domestic oil and gas assets. It manages the optimal exploitation of hydrocarbon resources and enhances the prospectivity of domestic acreages to attract investment and protect the national interest. One of the key drivers of our business growth is deepwater E&P, with many positive prospects emerging in Malaysian acreages.

Which I think means, they are the MAN when it comes to dictating how the rakyat’s hydrocarbon resources are extracted.

Don’t you think you would want to staff the PMU with Malaysians from the rakyat who will have the national interest in mind? Don’t know about you, and statistics have not been made public, but I think there is a substantial amount of non-Malaysians in this critical organization. Examples are here, here, here. PETRONAS harps about Malaysianization of key positions in oil & gas exploration and production (E&P) companies, but maybe it should look at cleaning up its backyard first. It’s not like they don’t have talent in their other Business Units (BU), for example PCSB. And I am not saying that existing PMU foreign talent is incompetent, but maybe should be located in less critical PETRONAS units.

What say you?

15 Responses to PETRONAS PMU – Should It Be Wholly Malaysian

  1. Alien says:

    Mmm quite interesting topic. Then what shall we do? Change the gomen? Will this help? Is it because you are holding MY passport n therefore you are not competent. It seems we are not merdeka yet, I guess. Since you are the experts in this industry what is your proposal?

    • Wata says:

      Alien: Revolution. Jabba takes everything above ground, I take the seas, Hans can take the underworld… sorry, that Zeus, Poseidon and Hades, isn’t it? Same idea, we rule, everyone else is a rulee.

    • jabbathehutt says:

      Malaysian are COMPETENT. Let me tell you, there are no stupid people. Everyone is human, so your capability is the same.

      I am also baffled how come indonesians are taking up key position in PMU? Let’s bring it up at BEM, and have a swipe at the Petronas VP.

      Now, we need to ensure that a sense of proper nationalism, pride and responsibility. Dont talk about race, politics or anything, just do what you are paid for diligently, and everything will be all right.

      Have pride in your work. That’s all. Its the people that try to corrupt, and take what they shouldn’t.

  2. Noraini says:

    Some comments on Petronas are like a fly who lands on the skin of an elephant. When it lands on the nose, it will say ” aahhh the elephant is similar to a snake”. One lalat lands at the rear and just smell n think of poop. Better get the whole picture, man before u give a lot of nasty generalised comments on VDP and PETRONAS and PMU coz there are many bitter people out there who will bitch and bitch and fail to realize that they are actually the poop.

  3. Suhaimi says:

    I’ve seen the CV of non Malaysian in PMU and was really surprised when knowing they are graduating from rankingless university in this world…..what a good talent?

    • Wata says:

      Suhaimi: Send me a link to the CVs and I’ll send add it to PETRONAS’s Hall of Shame. BTW, renaming yourself from PMU to MPM? I thought it meant mult-phase meter. I still like the old name, it had more pizzazz when you were called Prime Minister’s Unit.

  4. Mat says:

    I think PMU is going towards Bollywood now. Sinetron started to become lesser.

  5. anuar says:

    You guys talk about nationalisation when malaysian themselves does not want to work in a lowly paid places like PMU and would rather go for the money working with more glamorous company.

    Even those in PCSB think lowly of those working in PMU due to its’ nature of work of not giving them the technical skills and not being able to acquire the skills for them to jump to a higher salary and other company in future.

    at the end of the day, we can talk about national interest and so on but the reality is that, those people will always look at dollar and cents …….even you would not consider a pay cut and work for PMU as a national interest right?

    • Wata says:

      anuar: thank you for your insight. I surmise that your opinion is that locals are paid pennies on the dollar with respect to buruh asing, no matter how less talent they have? Are you in a position of influence to change things?

  6. My name is Mohammad Bin Yunos the Managing Director of Permata Maritime Training Centre Sdn Bhd, Bintulu (972580-V). i have registered with Petronas under Skill Course and the validity of licence is from 12.02.2015 to 11.02.2018

    For your info I have liaise with Mazia Binti Ismail (SKO/PCSB) for the last two weeks asking the status of my training institute but till the present moment no reply. She is telling my to find her counter part in MPM and pls assist to solve this problem.

    Thank you

    Mohammad Bin Yunos
    M.D – PMTC

  7. N says:

    Somebody needs to talk to the President about this foreigner matter.

  8. Ikhwan Hafiz says:

    The new elected president? I believe he have more national interest than his predecessor.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: