PHE reaffirms commitment to protecting national energy security
Jakarta — PT Pertamina Hulu Energi (PHE) has reaffirmed its commitment to protecting national energy security whilst simultaneously contributing to the energy transition programme.
Whisnu Bahriansyah, PHE’s Director of Risk Management, stated in Jakarta on Tuesday that this commitment is being realised through the implementation of a dual growth strategy: maximising core oil and gas operations whilst developing low-carbon business operations sustainably.
PHE management reiterated this commitment to Deputy Minister of Energy and Mineral Resources Yuliot Tanjung during a visit to PHE’s booth at the 50th IPA Convention and Exhibition (IPA Convex) 2026 in Tangerang, Banten, on Wednesday, 20 May 2026.
Upon arrival at PHE’s booth, Whisnu outlined that as the backbone of Indonesia’s upstream oil and gas sector, PHE currently contributes 65 per cent to national oil production and 37 per cent to national gas production. The company also operates 27 per cent of Indonesia’s oil and gas blocks.
During 2025 operations, PHE recorded oil production of 556,000 barrels of oil per day (BOPD) and gas production of 2.75 billion standard cubic feet per day (SCFD). This performance was supported by 887 development well drillings, well servicing for 37,266 wells, and 1,288 workover activities.
Whisnu also conveyed that the company’s strategy focuses not only on business sustainability but also on long-term risk management in navigating the global energy transition.
“PHE implements a balanced growth strategy between strengthening its core oil and gas business and developing low-carbon operations. Through an adaptive and integrated risk management approach, we ensure every step of the company’s transformation supports national energy security whilst creating sustainable value for the future,” he stated.
Regarding contributions to the energy transition, the company continues to strengthen sustainability initiatives through various strategic programmes. PHE has maintained an MSCI ESG rating of “BBB”, implemented more than 808 corporate social responsibility programmes, and achieved carbon emission reductions of 1,619,564 tonnes of CO2 equivalent.
The company is also developing carbon capture and storage (CCS) and carbon capture, utilisation, and storage (CCUS) projects in collaboration with global partners. By 2030, the planned total carbon storage capacity is projected to reach 7.3 gigatons.
Several strategic milestones have been achieved throughout 2024–2025, including the commencement of the Sukowati CO2 injection project with an estimated oil recovery increase of 19.2 million barrels; discovery of 2C resources at Tedong of 108.05 million barrels of oil equivalent (BOE); and implementation of the first multi-stage fracturing in a Kotabatak horizontal well.
Other achievements include development of North Duri A14 through the first steamflood injection for enhanced oil recovery (EOR); onstream of greenfield Akasia with initial production reaching 3,200 BOPD; and production from the Padang Pancuran I field with estimated reserves of 1.1 million barrels of oil.
Additional milestones include the development of an EOR chemical project in the Minas area; onstream of the Sisi Nubi area of interest with production capacity of 70 million standard cubic feet per day (MMSCFD); and development of the Abab step-out well as part of brownfield revitalisation.
Entering 2026 and beyond, PHE has prepared several advanced strategic projects, including the development of Lavender Block in East Natuna Sea, greenfield OO-OX ONWJ, deepwater exploration in East Natuna, and unconventional oil and gas (UOG) development projects in the Rokan Work Area.
In the innovation sector, the company is also developing the application of artificial intelligence (AI) to support drilling operations, asset management integration, and more effective and efficient subsurface development.
Meanwhile, the development of the Asri Basin CCS project is a key future focus for the company, with a target carbon storage potential of up to 2.9 gigatons.
PHE’s booth presentation attracted significant visitor interest at IPA Convex 2026. Visitors were presented with digital posters containing information on PHE’s upstream oil and gas business developments in efforts to support national energy security and energy transition, as well as various products from PHE’s partner enterprises.