PT PGAS Solution Competitors

PT Kilang Pertamina Balikpapan - KPB is a reputable oil and gas company in Indonesia with core business competencies in the refinery industry. KPB is an affiliate of state-owned oil giant PT Pertamina (Persero) or known as Pertamina Group which manages a new refinery in Balikpapan. The shareholders of PT Kilang Pertamina Balikpapan are PT Kilang Pertamina Internasional and PT Pertamina Pedeve Indonesia. PT Kilang Pertamina Balikpapan was formed to manage the Balikpapan Refinery Development Master Plan (RDMP) project as well as being a means for Pertamina Group

Indonesia State Electricity Corporation PLN has a long history in electricity industry of Indonesia. As the sole provider of electricity in Indonesia, PLN is striving to increase quality of services to all Indonesian. In 1972, in accordance with Government Regulation No.17, the State-owned Electricity Company was enacted as a State-owned General Electricity Company and as PKUK responsible to provide electricity to meet public needs. While the Government policy was giving opportunity to the Private Sectors to focus on the provision of electricity, the status of PLN was changed from a General Company to Corporation’ as well as PKUK in providing electricity for public needs until the present. Throughout the 75 years of journey, PT PLN (Persero) has succeeded in becoming one of the companies with the largest assets in Indonesia of IDR 1,589 Trillion (PT PLN (Persero) Financial Report 2020 Audited).

Medco E&P Indonesia, a subsidiary of Medco Energi Internasional Tbk, is dedicated to oil and gas operations in Indonesia, with a focus on upstream activities such as exploration, development, and production of crude oil and natural gas. The company manages a total of 15 oil and gas assets in Indonesia, of which 12 are currently in production. In 2023, these assets exceeded production targets, contributing 143 mboepd. We are committed to maintaining the highest standards and best practices throughout our operations. We continue to make progress on our ESG commitments. In 2023, we have implemented 41 GHG emission reduction initiatives through process optimization, fuel gas reduction, reducing fugitive emissions, and improving energy efficiency with lighting replacement and solar PV installation, such as in Matak (150 kWp) and Bronang Platform (11.5 kWp). These initiatives resulted in a reduction of 147,963 tCO2e/year, with a one-time reduction of 94,860 tCO2e from well cleanup & testing flare reduction. We are currently progressing CCS studies at the Natuna, Corridor and South Sumatera PSCs. We also planted 143,883 trees across our sites, and committed to their maintenance.