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PT Pertamina Internasional EP Ships 1 Million Barrels of Crude Oil from Algeria as Part of Long-term Partnership.

Dec 27, 20256 months ago

Contract Type

partnership

EnergyRenewable Energy

Description

PT Pertamina Internasional EP has successfully shipped 1 million barrels of crude oil from Algeria to Indonesia, the first delivery under its operations in the region. This shipment is part of a longstanding partnership with Algeria's state-owned oil company, Sonatrach, and signifies the importance of their Production Sharing Contract extension for Block 405A.

Company Information

Company

PT Pertamina Internasional EP

About

PT Pertamina Internasional EP (PIEP) is a subsidiary of Pertamina Hulu Energi focused on upstream operations. The company plays a crucial role in enhancing Indonesia's energy supply through international collaboration. PIEP engages in sustainable practices to strengthen energy resilience in Indonesia.

Predictive Intelligence
Strategic

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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