PHE Boosts Oil and Gas Production through Collaboration and Investment Efficiency

JAKARTA – PT Pertamina Hulu Energi (PHE), as Pertamina’s Upstream Subholding, underscores the importance of strategic collaboration, investment efficiency, and regulatory support in efforts to increase national oil and gas production.

PHE’s Director of Investment and Business Development, Dannif Danusaputro, emphasised that production increases must be carried out effectively and efficiently. Government support through fiscal incentives is deemed crucial, given that many work areas (WK) still require sustainable investment.

“Collaboration is key. We continue to explore studies and joint exploration initiatives to boost national production capacity,” said Dannif on Monday (27/4/2026).

Dannif noted that, as an upstream oil and gas operator and contractor, PHE consistently evaluates investment feasibility and project economic thresholds. Support from regulators, particularly SKK Migas, further strengthens these efforts. Additionally, PHE supports government policies aimed at optimising oil and gas production from existing wells and structures.

As part of the Pertamina Group, PHE manages a vast portfolio of work areas. However, Dannif revealed that not all assets are economically viable under current conditions. Therefore, partnerships with local and international parties are a key strategy, especially for managing marginal assets.

PHE also reaffirms its commitment to health, safety, security, and environmental (HSSE) standards in all operations. Furthermore, the company continues to strengthen cooperation in the technology sector.

Amid global geopolitical dynamics, exploration remains a primary focus. Strategic partnerships are seen as essential to access technology and knowledge, particularly from international companies.

“Investment decisions must align with the company’s portfolio strategy and long-term goals. As an integrated energy company, we are committed to maintaining financial sustainability while driving growth. Cost efficiency is also a key factor in managing operations and investments,” said Dannif.

PHE will continue to invest in upstream oil and gas operations and business management in line with environmental, social, and governance (ESG) principles. PHE also maintains a zero-tolerance policy on bribery, ensuring fraud prevention and keeping the company free from corruption. This includes the implementation of the Anti-Bribery Management System (SMAP), which is standardised to ISO 37001:2016.