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In a notable achievement for Malaysia's energy sector, Petronas, the state-owned oil and gas giant, has emerged as the strongest brand in the global oil and gas sector for the year 2024. According to Brand Finance, a renowned independent brand valuation and strategy consultancy, Petronas clinched the top spot in the Top 10 Strongest Oil & Gas Brands 2024 report, maintaining its prestigious AAA brand strength rating.
Petronas' Brand Strength Index (BSI) of 87.78 further solidifies its position as a powerhouse in the industry, reflecting its unwavering commitment to excellence, innovation, and customer satisfaction. Despite a slight decline from previous levels, Petronas' continued dominance underscores its resilience and enduring reputation as a global leader in the oil and gas sector.
Meanwhile, Indonesia's Pertamina secured the second position globally with a commendable BSI of 84.4, highlighting its significant presence and influence in the international energy landscape. Similarly, Thailand's PTT ranked fourth with a BSI of 82.4, underscoring its role as a key player in the region's oil and gas sector.
The Brand Finance report not only celebrates the achievements of top-performing brands but also provides valuable insights into the evolving dynamics of the oil and gas industry. Petronas' success reaffirms its status as a beacon of excellence and innovation, while Pertamina and PTT's strong performances reflect the growing prominence of Southeast Asian energy companies on the global stage.
As Petronas continues to uphold its reputation for reliability, sustainability, and operational excellence, its position as the strongest brand in the oil and gas sector serves as a testament to Malaysia's contribution to the global energy landscape and its potential for continued growth and success in the years to come.