Industry
Industry

PHM, SKK Migas Inaugurate SMGS to RU V Project

Pertamina Hulu Mahakam and SKK Migas inaugurated the South Mahakam Gas Supply to Refinery Unit V (SMGS to RU V) Project. The US$25.1 million-worth project cut Balikpapan Refinery operating cost by up to US$12 million per year.

PEP Asset 3’s JAS-022 Output Far Exceeds Target

PT Pertamina EP Asset 3 made quite excellent progress in the JAS-022 well drilling, which started since December 31, 2020. The company’s oil output shot 267 percent above the target, while gas was 160 percent above the target.