Petronas Signs Deal with BRP-Rotax
Petroleum giant Petroliam Nasional Bhd (Petronas) has signed a joint development agreement with BRP-Rotax to further develop and commercialize Petronas’ high performance engine family.
Under the agreement, the engines would be developed for commercialization in BRP-Rotax’s facility in Gunskirchen, Austria. Work began in November.
The agreement follows a Letter of Intent signed in July, and formalizes the mutual intent of both parties to explore the commercial feasibility of the Petronas engine technology and to establish a long-term strategic partnership.
With year-end net income of $9.4 billion, Petronas is one of the world’s largest integrated oil and gas companies, and operates the world’s largest liquefied natural gas production complex at Bintulu in Malaysia.
The Kuala Lumpur-based company often cooperates with partners experienced in engine technology and engine commercialization, allowing it to gain know-how in terms of advancing its own technology. The products of previous technical partnerships include the E01 automotive engine, the GP1 motorcycle engine, and the FP1 – Malaysia’s first superbike. BMW
BRP-Rotax, a wholly owned subsidiary of Montreal-based Bombardier Recreational Products Inc. (BRP), is a developer and manufacturer of engines for various applications, including motorcycles, general aviation aircraft and go-karts. The company’s core competencies include developing and launching market-shaping engines as well as integrating state-of-the-art engine technologies and engine applications destined to a wide range of recreational markets.
BRP-Rotax was appointed by Petronas in 2003 to perform a technical audit on Petronas’ 900cc superbike engine prior to the production of the FP1 superbike.
