Pertamina, state-owned oil and gas company
Pertamina activities are directed towards discovering new oil and gas reserves, both in onshore and offshore; and in enhancing production of the existing and newly discovered reserves in the most efficient manner. Therefore, maintaining a continued supply of oil and gas.To enhance oil production, Pertamina welcomes foreign oil companies to cooperate in accelerating exploration and development of oil and gas as contractors. One of the Pertamina contracts is the Production Sharing Contract (PSC). In this contract, Pertamina is responsible for the management of petroleum operations, whereas the Contractors incur capital outlays for exploration work at their risk. The Contractors may recover exploration costs when commercial production is started.

Pertamina Subsea Tags: pertamina subsea oil gas offshore