Pertamina25 Oct 2015 08:29
Upstream activities cover exploration and production of oil, gas, and geothermal. The aim of exploration activities is to discover new oil and gas reserves as a replacement of hydrocarbon that has been produced. This effort is intended to maintain the production continuity. The exploration and production activities are performed through its own operation and joint operation arrangements.
The business partnership forms are JOB-EOR (Joint Operating Body for Enhance Oil Recovery), JOB-PSC (Joint Operating Body for Production Sharing Contract), TAC (Technical Assistance Contract), Consortium Cooperation System, IP (Indonesian Participation), PPI (Pertamina Participating Interest) and project loan. While for the geothermal sector, the business partnership is JOC (Joint Operating Contract) arrangement.
The company has concession block operated as own operation arrangement covering 7 (seven) oil and gas Operation Area , i.e. Nangroe Aceh Darussalam (NAD) Northern Sumatra Operation Area with the main office in Rantau, Central Sumatra Operating Area with the main office in Jambi, Southern Sumatra Operation Area with main office in Prabumulih, Western Java Operation Area with main office in Cirebon, Eastern Java Operation Area with main office in Cepu, Kalimantan Operation Area with main office in Balikpapan, and Papua Operation Area with main office in Sorong