PT Pertamina Hulu Energi (PHE) is a strategic operational subsidiary of PT Pertamina (Persero). PHE is designed to manage and develop portfolios in upstream oil and gas business through various schemes includes Joint Operating Body of Production Sharing Contract (JOB-PSC), Pertamina Participating Interest (PPI), and also other partnerships in operating overseas blocks. Besides developing the upstream business, PHE also expanding into the downstream business, it is proved by the participation of PHE as shareholder in the refinery project managed by PT Donggi Senoro LNG (DSLNG).OIL & GAS
PHE is now operating in 8 Fields of JOB-PSC, Pertamina Participating Interest (PPI) in 17 blocks and 9 overseas blocks (onshore & offshore) in 7 countries. PHE currently has two offshore blocks in which the PHE as the Shareholder and Operator. These two blocks are ONWJ and WMO which is the backbone of PHE production. Before it was acquired by PHE in 2009 for ONWJ and 2011 for WMO, the production of ONWJ block only reached 23,701 BOPD as for WMO block only reached 13,671 BOPD but now the production of these blocks has increased to 32,838 BOPD for ONWJ and 15,300 BOPD for WMO. In the future, PHE will continue developing offshore operations to raise the PHE production target.
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