After the merge, Pertamina's production rose considerably (about 15% each in 1968 and 1969, and nearly 20% in 1973). By the end of 1973, it directly produced 28.2% of Indonesia's oil, with agreements of Caltex and Stanvac to produce the rest (67.8% and 3.6%, respectively). Its assets included seven refineries, oil terminals, 116 tankers, 102 other vessels and an airline. It was also active in cement, fertilizer, liquid natural gas, steel, hospitals, real estate, a rice estate, and telecommunications.
In the 1980s, major partnerships with American and French firms produced vast quantities of petroleum. Caltex, a joint Chevron-Texaco company, and Total S.A. were some of the largest foreign players.
Human rights observers have long expressed concerns about Indonesia's hostility to labor unions. According to the Multinational Monitor: "In 1985, the government ordered the firing of over 1,600 workers at Pertamina and foreign oil companies, charging that they had been members of the Indonesian Communist Party, which had been banned 19 years earlier when Suharto took power."
In 2003 Pertamina legally became PT. Pertamina (Persero), as per the enactment of Government Regulation No.31/2003. Pertamina is now under the coordinator of the State Minister of State-owned Enterprises.
Like other contractors, Pertamina holds Cooperation Contract to Oil and Gas Regulatory Body. With its transformation into a limited liability company, Pertamina has become a business entity with the main target of making a profit.
Currently Pertamina owns six oil refineries which have a capacity of 1,041.2 thousand barrels (Refinery Unit (RU) II in Dumai, RU III in Plaju, RU IV in Cilacap, RU V in Balikpapan, RU VI in Balongan, and RU VII in Kasim/Sorong), two gas reserves with a capacity of 31 tons per year, and a petrochemical company. Pertamina's products include a great variety of fuels, chemicals, additives, and retail products.
Pertamina has by far the largest distribution network of petroleum products (filling stations, etc.) in Indonesia and is familiar to virtually all Indonesian citizens.
A vital element in the transformation is a change in our culture. We are committed to continuously develop performance-focused culture. We give you the same opportunity to develop ideas, creativity, and innovation. We give you the opportunity to unleash your potential. We sure that you can give the best performance to the company.
Assistant Manager, Upstream Evaluation
Assistant Manager, Refinery Business Development
Assistant Manager, Economy & Business Parameter
**) Job Positions available at PT Pertamina Hulu Energi West Madura Offshore (PHE WMO) for Experienced candidates :
Field Integrated Planner
Field Operation Scheduler