A Brief History of Company
PT Aroma Operations Services (AOS) was established in 1989 pursuant to Deed No. 245 dated 17 November 1989. AOS is a subsidiary of PT Pertamina (Persero), which was formed to support the operation of a petrochemical refinery in Cilacap, Central Java. AOS changed its name to PT Pertahulu Energy in 2002, and then to PT Pertamina Hulu Energi (PHE) in 2007. The name change was approved through Deed No. 5 dated 4 August 2008 and is pursuant to Law No. 22 of 2001 on Oil and Gas (Oil and Gas Law).
PT. Pertamina (Persero) is required by the Oil and Gas Law to separate its upstream and downstream oil and gas operations. PHE was handed over management of the upstream Work Area (WK), which was previously managed by PT Pertamina (Persero) in collaboration with third parties via a Joint Operating Body (OB) and Participating Interest (PI). The handover was followed by the transfer of oil and gas block operations to PHE's subsidiaries, as approved by the PT Pertamina (Persero) Board of Directors on 18 September 2007 and the PT Pertamina (Persero) Board of Commissioners on 6 November 2007, PHE is charged with the management of PT Pertamina's (Persero) oil and gas WK.
In line with the establishment of PT Pertamina (Persero) as an oil and gas holding, PHE was appointed as Subholding Upstream in 2021, pursuant to the Decree of the Board of Directors No. Kpts-19/C0000/2020-50 dated 16 June 2020. PHE acquired all shares owned by PT Pertamina (Persero) in 11 (eleven) Upstream Subsidiaries of PT Pertamina in accordance with the Circular Resolution of Shareholders dated 1 September 2021 regarding the Implementation of the Upstream Subholding Establishment (Legal End State), PHE Subholding Upstream manages work areas on a regional basis, taking into account factors such as production volume, regional geography, and operational complexity PHE Subholding Upstream sorves as a planner, validator, and police maker. Regional, on the other hand, focuses on optimizers and integrators, as well as on increasing safety, production, and oil and gas reserves. Until the end of 2021 PHE Subholding Upstream consisted of 68 Subsidiaries. Additionally, PHE has 6 (six) joint venture.
PHE Subholding Upstream Work Area is divided into 5 (five) Regionals, each of which covers 40 Domestic Work Areas made up of 27 operator blocks and 13 non-operator blocks, as well as 27 International Work Areas spread across 13 countries in Southeast Asia, Africa, Europe, and the Middle East.
Vision and Mission
Our Vision
Vision to Become the World-Class Oil and Gas Company.
Our Mission
To manage business and portfolios of the Upstream Oil and Gas sector in a professional and high-profit manner and provide added value to stakeholders.
Corporate Values
AMANAH | Trust
To uphold the trust given
KOMPETEN | Competent
Continuously to learn and develop capabilities
HARMONIS | Harmonious
Care and respect for the differences
LOYAL | Loyal
Dedicated and prioritize the interest of nation and state
ADAPTIF | Adaptive
Continuously to innovate and be enthusiastic in movement or facing the change
KOLABORATIF | Collaborative
Build synergistic cooperation
