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Related company : PERTAMINA (PERSERO)

Related company : PERTAMINA (PERSERO)

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Tone : Neutral

 

Pertamina signs Rokan contract, paves way for transition

Summary
The Jakarta Post, May 14, 2019
PT Pertamina has become the official operator of the Rokan Block in Riau, allowing the state energy holding company to put the necessary investment into maintaining output after signing a new production sharing contract (PSC) with the government recently. Pertamina officially became the new operator for one of the country's lucrative oil and gas blocks. The company has taken over the operatorship from US-based Chevron, whose contract will end in August 2021.
 
 

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