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It represents the company’s presence in Indonesia’s upstream oil and gas industry. We have delivered more than 550 million barrels of cumulative crude oil production from Cepu Block through safe, reliable, and efficient production operations.
It represents ExxonMobil’s downstream presence in lubricants, chemicals, and fuels businesses in the country. PT EMLI had successfully entered the fuels market for industrial and commercial customers in 2016. Our chemical business also supports the pandemic response in Indonesia. ExxonMobil has also acquired PT Federal Karyatama (FKT), one of Indonesia’s largest manufacturers and marketers of automotive lubricants, in 2018.
In collaboration with Pertamina, ExxonMobil signs several agreements toward Indonesia’s low carbon future, assessing the prospect of large-scale implementation of low-carbon technologies and the development of a regional Carbon Capture and Storage (CCS) Hub to support Indonesia’s 2060 net-zero ambition.
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