- Business
- PT Energi Mega Persada Tbk is an Indonesia-based upstream oil and natural gas company engaged in the exploration, development, production, and sale of crude oil and natural gas. The company operates through its subsidiaries primarily in Indonesia and Mozambique. It manufactures and markets crude oil and natural gas products, manages various oil and gas production sharing contracts, and provides related services. Additionally, through its subsidiary PT EMP Daya Nusantara (EDN), the company operates infrastructure and energy assets, including Floating Storage and Regasification Units (FSRU), Floating Storage and Offloading Units (FSO), and renewable energy projects. PT Energi Mega Persada was founded in 2001 and is headquartered in Jakarta Selatan, Indonesia.
The company's core product portfolio comprises crude oil, natural gas, and associated hydrocarbons, with significant reserves supporting a long production life, approximately 26 years at current output. It also offers industrial solutions such as compressed air systems, lubricants, spare parts, and maintenance services tailored for the oil and gas and mining sectors. PT Energi Mega Persada caters to both domestic and international markets with its upstream assets in oil and gas blocks spread across Indonesia and Mozambique.
Recent major company developments include aggressively expanding its stake in various oil and gas blocks to increase production and reserves, illustrating a strategic shift towards consolidating assets with high production and reserve potential. In late 2025, the company acquired the remaining 25% stake in Kangean Energy Indonesia Ltd. from Japan Petroleum Exploration Co., Ltd., solidifying full control of key gas assets. Additionally, PT Energi Mega Persada formed a strategic partnership with Japan Petroleum Exploration Co., Ltd. (JAPEX) to monetize its Gebang gas asset in North Sumatera, targeting production commencement around 2027 with plans to boost production capacity significantly. These moves underscore the company's long-term growth focus from upstream production to downstream distribution, aiming to enhance operational efficiency and competitive positioning.
The company is part of the Bakrie Group and employs over 600 staff. Its comprehensive business segments include oil and gas exploration, production, infrastructure management, and renewable energy initiatives. PT Energi Mega Persada continues to leverage its diversified asset base and strategic partnerships to drive sustainable growth in Indonesia's energy sector and beyond.