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PT Pertamina Hulu Sanga Sanga (Indonesia)

Main Activities: Crude Petroleum Extraction
Full name: PT Pertamina Hulu Sanga Sanga Profile Updated: November 25, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Pertamina Hulu Sanga Sanga is primarily engaged in crude petroleum production activity. Its headquarters is located in Dki Jakarta. The company was founded in 2017. Pertamina Hulu Sanga Sanga is a subsidiary of PT Pertamina (Persero), Indonesia's state-owned oil and gas corporation. The company was established to manage the Sanga Sanga block, a significant oil and gas field in East Kalimantan, Indonesia. This block was previously operated by VICO Indonesia, a joint venture between BP and ENI, before Pertamina took over in 2018. The primary business line of Pertamina Hulu Sanga Sanga is the exploration and production of crude oil and natural gas. The company focuses on optimizing production from mature fields and enhancing recovery rates through advanced technologies and innovative methods. Pertamina Hulu Sanga Sanga operates several production facilities within the Sanga Sanga block, contributing significantly to Indonesia's energy supply. The company is committed to maintaining high safety and environmental standards in its operations. As part of Pertamina's broader strategy, Pertamina Hulu Sanga Sanga plays a crucial role in supporting Indonesia's energy security and sustainability goals. The company is involved in various initiatives to improve operational efficiency and reduce carbon emissions. Pertamina Hulu Sanga Sanga collaborates with various local and international partners to enhance its technical capabilities and ensure the sustainable development of its resources. The company is also a member of several industry associations, reflecting its commitment to best practices and continuous improvement in the oil and gas sector. With a focus on innovation and sustainability, Pertamina Hulu Sanga Sanga aims to contribute to Indonesia's energy independence while adhering to global environmental standards.

Headquarters
RT 003 RW 002
South Jakarta; Jakarta; Postal Code: 12710

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Website: http://www.phi.pertamina.com

Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
July 27, 2017
Key Executives
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Ownership Details
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency IDR. Absolute financial data is included in the purchased report.
Net sales revenue
-3.91%
Total operating revenue
-3.91%
Total assets
-2.26%

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