PT Pertamina (Persero) - Company Profile
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Business Description
PT Pertamina (Persero) (Pertamina) is an Indonesian state-owned enterprise, which is engaged in the integrated energy operations. It conducts upstream and downstream operations and also has considerable renewable energy operations.
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R&D Overview
The company’s Research & Technology Innovation (RTI) function is in charge of overseeing technological advancements in Pertamina. The RTI activities focus on leveraging the already-existing resources and boosting oil and gas output from active fields; granting new access to resources, especially uncharted resources in unknown areas; advancing concepts, offering answers, and promoting the adoption of new technologies; and business diversification, including operations in chemistry, petrochemicals, and clean energy. The primary goal is to periodically support the company's business priorities. The needs of the business include expanding geothermal and oil and gas production from already-existing fields, expanding oil and gas reserves through the exploration of unconventional resources, increasing productivity and operational efficiency, and also implementing industry best practices and decommissioning. RTI's primary research is divided into eight categories. These primary areas of study at RTI include operational excellence, geothermal combined cycle technology, petrochemical and chemical, reserves and production, green fuel, battery & energy storage, decommissioning & abandonment, and coal to chemicals. The company has executed 183 work plans, consisting of 106 research activities, 36 operational activities and 41 pre-commercialization activities. In FY2022, RTI was focuses on national strategic projects to implement new technologies such as DME, batteries and green energy (biohydrocarbons).
Business Segments
- Gas
- Integrated Marine Logistics (IML)
- Power and New & Renewable Energy (PNRE)
- Refinery & Petrochemical
- Upstream
- Commercial & Trading
- Financial & Services
- Holding
Overview
Operated by PT PGN Tbk. Oversees various activities such as natural gas transmission, LNG provision and sales to both local and foreign markets, compressed natural gas (CNG), and lead gas infrastructure projects, including building LNG regasification facilities, gas pipelines, and SPBGs (gas refueling stations).
Performance
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Overview
Operates through PT Pertamina International Shipping. It is in charge of shipping operations and offering services for marine transportation. In addition, it also manages the shipping industry through PT Pertamina Trans Kontinental.
Performance
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Overview
Operated by PT Pertamina Power Indonesia, which oversees the power and new and renewable energy activities. It focuses on boosting productivity through dependable and efficient operation, expanding business and capabilities through synergy and capacity enhancement, and being flexible in partnerships and funding. Consists of four main pillars: manufacturing, geothermal, gas to power, and new and renewable energy.
Performance
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Overview
PT Kilang Pertamina International oversees the Refining and Petrochemical operations. In its operational oil refineries as well as ongoing projects, the segment is in charge of managing the activities of the oil refining process into petroleum and petrochemical products. It operates six refineries: Dumai Refinery Unit (RU) II, Plaju RU III, Cilacap RU IV, Balikpapan RU V, Balongan RU VI, and Kasim RU VII.
Performance
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Overview
Under PT Pertamina Hulu Energi (PHE), the company unifies all of Pertamina's upstream operations. The upstream segment encompasses exploration and production of gas and oil throughout its domestic and international business sites. Its key subsidiaries include, PT Pertamina EP, PT Pertamina Internasional Eksplorasi Produksi, PT Pertamina EP Cepu, PT Pertamina EP Cepu Alas Dara Kemuning, PT Pertamina Geothermal Energy, PT Pertamina Drilling Services Indonesia, PT Pertamina Hulu Indonesia, and PT Elnusa Tbk.
Performance
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Overview
Operation are managed by PT Patra Niaga. Pertamina has sufficient infrastructure to support the marketing and distribution of its energy products, including fuel products, lubricants and LPG, as well as asphalt and petrochemicals, which are sold to the retail and corporate segments both domestically and abroad. Patra Niaga manages three more subsidiaries of Pertamina, namely PT Pertamina Lubricants, PT Pertamina Retail and Pertamina International Marketing and Distribution Pte Ltd.
Performance
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Performance
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Performance
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Geographical Segments
Performance
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Performance
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