Crunch time for Petronas


Dateline 2014-04-28, The Star:

PETROLIAM Nasional Bhd (Petronas), facing dwindling production at home, is in a race against time to scour for new oilfields beyond Malaysia’s shores.

But with depleting hydrocarbons on the homefront, where oil has been extracted for well over a century, and stiff competition abroad, how will Petronas fare in the new age of energy?

For Datuk Wee Yiaw Hin, the oil giant’s executive vice-president of exploration and production, this is exactly what Petronas has been planning for.

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This entry was posted on Sunday, April 27th, 2014 at 6:00 am and is filed under Malaysia, oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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