About PETRONAS
PETRONAS is a company based in Kuala Lumpur (Malaysia) founded in 1974 by Wan Jasonsus and Tengku Razaleigh Hamzah.. PETRONAS has completed 4 acquisitions, including Amplus Solar, BRB and Perstorp. PETRONAS offers products and services including Oil and Gas Exploration and Chemicals.
- Headquarter Kuala Lumpur, Malaysia
- Founders Wan Jasonsus, Tengku Razaleigh Hamzah
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Sectors
Energy & Utilities
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Petroliam Nasional Berhad
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$3 B (USD), Debt – Conventional
Apr 23, 2021
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Amplus Solar
& 3 more
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Products & Services of PETRONAS
PETRONAS offers a comprehensive portfolio of products and services, including Oil and Gas Exploration and Chemicals. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Exploration, development, and production of oil and gas are conducted globally by PETRONAS to support energy needs.
Refining and production of petrochemicals are managed by PETRONAS to deliver solutions for various industrial applications.
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Software Development Team
110 people
Leadership Team
66 people
Senior Team
44 people
Finance and Accounting
36 people
Legal and Compliance
33 people
Product Management Team
31 people
Human Resources and Administration
28 people
Head Team
25 people
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Funding Insights of PETRONAS
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $3.0B
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First Round
First Round
(23 Apr 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Debt – Conventional - PETRONAS | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by PETRONAS
PETRONAS has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Amplus Solar, BRB and Perstorp. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Solar installation services and renewable energy solutions are provided.
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2008 | ||||
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Exploration and production of natural gas
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1997 | ||||
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Lube oil additives, silicones, and specialty chemicals are manufactured.
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1981 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - PETRONAS
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Petronas Comparisons
Competitors of PETRONAS
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Petronas
Frequently Asked Questions about PETRONAS
When was PETRONAS founded?
PETRONAS was founded in 1974 and raised its 1st funding round 47 years after it was founded.
Where is PETRONAS located?
PETRONAS is headquartered in Kuala Lumpur, Malaysia.
Who is the current CEO of PETRONAS?
Tengku Razaleigh Hamzah is the current CEO of PETRONAS. They have also founded this company.
What does PETRONAS do?
PETRONAS was established in 1974 and is headquartered in Kuala Lumpur, Malaysia. Operations in the oil and gas sector focus on exploration, production, and related services. The company manages upstream activities across various international fields. In 2022, revenues totaling 6.58 billion were achieved, with a net profit of 1.44 billion reported. Energy resources are developed and supplied to meet regional and global demands.
What products or services does PETRONAS offer?
PETRONAS offers Oil and Gas Exploration and Chemicals.
How many acquisitions has PETRONAS made?
PETRONAS has made 4 acquisitions, including Amplus Solar, BRB, and Perstorp.
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