Milestone PT Pertamina (Persero)

1957

On December 10th, 1957, the company changed its name into PT Perusahaan Minyak Nasional, abbreviated PERMINA. This date is now celebrated as the anniversary date of Pertamina. In 960, PT Permina again changes its status into Perusahaan Negara (PN) Permina. PN Permina was then merged with PN Pertamin to be PN Pertambangan Minyak dan Gas Bumi Negara (Pertamina) on August 20th, 1968.

1971

Later on, through Law No.8 of the year of 1971, government introduced the new role of Pertamina, namely to produce and process the oil and gas from oil fields as well as to ensure the availability of fuel and gas in Indonesia. Then through Law No.22 of 2001, government changed the status of Pertamina, thus the Public Service Obligation (PSO) was served through business activites.

2003

Pursuant to Government Regulation No.31 of 2003 dated 18 June 2003, Perusahaan Pertambangan Minyak dan Gas Bumi Negara changed its name into PT Pertamina (Persero) that operated in Upstream and Downstream Oil and Gas Sectors. On December 10th, 2005, Pertamina announced the arrow to replace the sea horse as its new corporate logo, with green, blue and red as basic colors to reflect the dynamic and environmental-care spirit.

2006

On July 20th, 2006, PT Pertamina (Persero) launched fundamental and business transformation. PT Pertamina (Persero) then on December 10th, 2007 changed its vision, “To be World-Class National Oil Company”. In 2011, Pertamina reaffirmed its commitment through a new vision, namely “To be Class National Energy Company “. In EGMS on July 19th, 2012, Pertamina successfully executed additional issued and paid-up capital and expanded the business.

2015

On December 14th, 2015, Minister of SOEs in a GMS gave approval to the amendment of Pertamina’s Articles of Association, regarding the optimum utilization of resources, addition of issued and paid-up capital by the state and actions taken by Board of Directors which required written approval from Board of Commissioners. Such amendment was stated in a Deed Number 10 dated 11 January 2016, by Notary Lenny Janis Ishak, SH.

2016

On November 24th, 2016, through the Decree of Minister of State of Enterprises No. S-690/MBU/11/2016, Minister of SOEs in a GMS gave approval to the amendment of Pertamina’s Articles of Association, regarding change in composition of Board of Directors and Board of Commissioners, scope of authorities of President Director, delegation of duties sand authorities among Board of Directors, attendance at the joint meeting between President Director and Board of Commissioners. 

2018

In 2018, PT Perusahaan Gas Negara (PGN) was promoted to be Gas Sub Holding of Pertamina. The establishment of Gas Sub Holding represented the further step in transformation agenda of consolidating gas businesses run by SOEs, i.e. to consolidate gas businesses of Pertamina and PGN, as well as was a concrete implementation of the roadmap of establishing State Holding in Oil and Gas.

2020

On June 22nd, 2020, Pertamina experienced structural transformation following the determination of new role of Pertamina by Ministry of State of Enterprises of Republic of Indonesia as Energy Holding Company with 6 Subholdings, i.e. Upstream Subholding led by PT Pertamina Hulu Energi, Gas Subholding run by PT Perusahaan Gas Negara, Refinery & Petrochemical Subholding run by PT Kilang Pertamina Internasional, Power & NRE Sub holding run by PT Pertamina Power Indonesia, Commercial & Trading Subholding led by PT Patra Niaga, and Integrated Marine Logistics Subholding operated under PT Pertamina International Shipping.