PT Medco E&P Indonesia is a subsidiary of Medco Energi Internasional, Tbk. for oil and gas activities in Indonesia, focusing on upstream activity, exploration, development and production of crude oil and natural gas.

MedcoEnergi’s upstream activities began with its 1992 acquisition of Tesoro’s Oil and Gas E&P contracts (Sanga-Sanga / Samboja / Tarakan Blocks TAC and Tarakan Block PSC) in East Kalimantan, MedcoEnergi proceeded to successfully demonstrated its capability in redeveloping and improving the production of mature fields in East Kalimantan. The success in enhancing the performance of mature fields in East Kalimantan, on top of the successful stocks IPO in early fourth quarter 1994, strengthened MedcoEnergi’s confident to expand its upstream activities. In 1995 the Company acquired PT Stanvac Indonesia from Exxon and Mobil Oil. The Company acquired Oil and Gas E&P contracts (PSCs) in South Sumatra through this transaction.

The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) is an institution established by the government of the Republic of Indonesia through Presidential Regulation (Perpres) Number 9 of 2013 concerning the Management of Upstream Oil and Gas Business Activities. SKK Migas is tasked with managing upstream oil and gas business activities based on the Cooperation Contract. The establishment of this institution is intended so that the extraction of state-owned oil and gas natural resources can provide maximum benefits and revenues for the state for the greatest prosperity of the people.

PETRONAS is a multinational oil company of choice and ranked amongst the largest corporations in the world. The growing demand for energy inspires and strengthens our purpose to steadily drive for new solutions and push boundaries towards a sustainable energy future.

PETRONAS Indonesia is currently holding participating interest in 9 blocks across Indonesia, with 4 of them in the production stage. PETRONAS has consistently and successfully implemented various social and community programs, focusing on education, capacity building, environment, health, as well as community wellbeing and development which are governed by its large Corporate Sustainability Framework.

The change of Bank Sinar Harapan Bali name to be Bank Mandiri Taspen Pos (Bank Mantap) is not just a name change, but affirming our service commitment to the public and our stakeholders as well as to all Indonesian people. The name change also followed by a renewed commitment to improve performance and provide meaningful benefits to all Bank Mantap stakeholders.

PT ASABRI (Persero) is a State-Owned Enterprise (SOE) in the form of Limited Liability Company in which all shares are owned by the Republic of Indonesia represented by the Minister of SOEs as the Shareholders or GMS based on the Regulation of the Government Number 41 of 2003 on the Allocation of position, tasks and authority of the Minister of Finance on Persero, Perum and Perjan to the state Ministry of State-Owned Enterprise.