Pertamina Owns Assets in 13 Countries

Tuesday, 17 Aug 2021 16:33:17 WIBby

JAKARTA, CILACAP.INFO – On the 76th anniversary of the independence of the Republic of Indonesia, as a world-class energy State-Owned Enterprise (BUMN), Pertamina continues to grow its business to various foreign countries and encourage its subsidiaries to be competitive in the international arena.

This is in line with the SOE transformation carried out by the Minister of SOEs, Erick Tohir, to encourage more state-owned companies to become global preferences.

In addition to acknowledging operations abroad, Pertamina has also managed to become the only company from Indonesia to be included in the 2021 Fortune Global 500 list at position 287.

According to Erick, this recognition is evidence of ongoing improvements to the company’s organization.

“I am optimistic that Pertamina’s performance will be even better and the frame for Pertamina is to compete with competitors at the world level. Because Pertamina has all the requirements, both quality and capability to support it as one of the world’s big companies,” said Erick in a press release 3/8/2021 From the business side, Pertamina’s role in the global arena is carried out in the scope of several activities, namely upstream oil and gas, export and product sales, to shipping cooperation.

Through PT Pertamina Internasional EP (PIEP), Pertamina moves to innovate in acquiring and managing overseas oil and gas fields as well as looking for oil and gas sources in various countries.

The goal is to fulfill domestic oil and gas needs and support national energy security. Until now, Pertamina already has overseas oil and gas field assets spread across 13 countries, namely Algeria, Malaysia, Iraq, Canada, France, Italy, Namibia, Tanzania, Gabon, Nigeria, Colombia, Angola and Venezuela.