PT Pertamina (Persero)


1950s

PT Eksploitasi Tambang Minyak Sumatera Utara

1957

PT Perusahaan Minyak Nasional (PT PERMINA)

1960

PT PERMINA was restructured into a state-owned company known as PN PERMINA

1968

PN PERMINA was merged with PN PERTAMIN to became PN Pertambangan Minyak dan Gas Bumi Nasional (Pertamina)

1971

the Indonesian government issued Law No. 8/ 1971, which positioned Pertamina as the only state-owned enterprise tasked with managing the oil and gas business

17 Sept 2003

Pertamina became PT Pertamina (Persero) based on PP No. 31/2003

Pertamina Internasional Eksplorasi dan Produksi (PIEP):

Pertamina Internasional Eksplorasi dan Produksi (PIEP) is established on 18th November 2013, based on the need for an international asset management that is focused on overseas assets of PT Pertamina (Persero).

  • Asset Algeria

    Established on 21st August 2014 to manages Asset Algeria Asset Algeria post ConocoPhillips Algeria Ltd. (COPAL) liquidation. The oil production fields in the block 405a asset are Menzel Lejmet North (MLN) field, El-Merk (EMK) unitization field, Ourhoud (OHD) unitization field.

  • Asset Malaysia

    Established on 25th September 2014 and has assets in Sabah and Sarawak Malaysia blocks under a PSC (Production Sharing Contract) consisting of 6 blocks and 2 unitization fields.

  • Asset Iraq

    Pertamina Iraq, which manages asset in Iraq, was established on 21st November 2013 and its business implementation is focused on the management of West Qurna 1 field, which is one of the few giant fields in the world with recovered reserve of +/- 22 BBO (Billion Barrels of Oil), under the TSC (Technical Service Contract).

Partners


Sonatrach

South Oil Company

Petronas

Maurel & Prom

Repsol/Talisman

Murphy

Exxon

Anadarko

Cepsa

Maersk

Eni

PetroChina

Shell

ConocoPhillips