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About Us

PT Petrosea Tbk. is a multi-disciplinary mining, infrastructure and oil & gas services company with a track record of achievement in Indonesia for over 47 years. Drawing on rich and varied years of experience throughout the Indonesian archipelago, Petrosea is now recognized as one of Indonesia’s leading contractors.

We offer a competitive advantage through our ability to provide complete pit-to-port mining solutions, integrated engineering and construction capabilities as well as logistic support, whilst demonstrating absolute commitment to safety, health & environment, quality management and business integrity. We also provide services for the oil & gas industry in Indonesia through our Petrosea Offshore Supply Base (POSB) deep-water supply base located in Sorong, West Papua that consistently delivers international standard and cost-effective services to all of our clients.

Established in 1972, Petrosea in committed to adhering to sound principles of corporate governance and has adopted corporate governance practices that support the effective functioning of our Management and all elements as a public listed company.

By applying the principles of good corporate governance, we ensure that our company is accountable, independent and transparent for both our internal and external stakeholders.

Petrosea has been listed on the Indonesia Stock Exchange (IDX: PTRO) since 1990 and was the first publicly listed Indonesian engineering and construction company in Indonesia. Petrosea is supported by its main shareholder, PT Indika Energy Tbk., an integrated Indonesia energy company, providing its customers with integrated energy solutions through its complementary investments in the areas of energy resources, energy services and energy infrastructure.

 


vision

To be a leading service provider in mining, oil & gas and infrastructure in South East Asia.

mission

To deliver innovative solutions for mining, oil & gas and infrastructure to the satisfaction of all clients and stakeholders.

Our Core Values

All of Petrosea's achievements are inseparable from our core values that are consistently applied within all elements of our organization.

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  • Safety, Health & Environment

  • People

  • Corporate Social Responsibility

  • Quality Management

1972

1984

1990

2009

2012

2015

2016

2017

2018

Company Milestones

1972

Incorporated in Jakarta, Indonesia as PT Petrosea International Indonesia.

Company Milestones

1984

Acquired by Clough Limited.

Company Milestones

1990

Listed on Jakarta and Surabaya Stock Echanges (now Indonesia Stock Exchange) as PTRO, with the company name changed to PT Petrosea Tbk.

Company Milestones

2009

The company was acquired by PT Indika Energy Tbk. and by the end of the year, PT Indika Energy Tbk. owned 98.55% shares of the company.

Company Milestones

2012

In February, to comply with Otoritas Jasa Keuangan (“OJK) regulations (previously “Bapepam-LK”) regarding a public company take over, PT Indika Energy Tbk. re-floated 28.75% of its shares to the public.

At the end of the year, PT Indika Energy Tbk. held 69.80% share ownership in the Company.

Company Milestones

2015

In August, the Company through one of its subsidiaries, PT POSB Infrastructure Indonesia acquired 51.25% shares of PT Mahaka Industri Perdana.

Company Milestones

2016

On March 10, 2016, the Company was officially inaugurated by the Indonesian Government as a Bonded Logistics Center (PLB) for the oil & gas sector, located in Tanjung Batu, Balikpapan, East Kalimantan.

Company Milestones

2017

On August 10, 2017, the Company inaugurated Petrosea Offshore Supply Base (POSB) Sorong to provide support and services for the oil & gas sector in the eastern Indonesian region.

Company Milestones

2018

  • The Company signed a Transfer of Rights to Shares Agreement of PT Kuala Pelabuhan Indonesia in the amount of 380.000 shares from PT Indika Logistic & Support Services.
  • The Company released the share ownership from PT Santan Batubara of 99,999 shares to PT Harum Energy Tbk and 1 share to PT Sentral Batubara Jawa.
  • The Company released its entire shares ownership in PT Kariangau Gapura Terminal Energi to PT Interport Mandiri Abadi.