Go Global, PHE Successfully Wins Taiwan Innotech Expo Award

Photo: Doc. Pertamina Hulu Energi

JAKARTA - PT Pertamina Hulu Energi (PHE), as Pertamina's Upstream Subholding, has proven its commitment to fulfilling energy needs, one of which is the management of mature fields and assets. Responding to this challenge, PHE continues to innovate in managing mature assets. The innovation became the flagship on the international stage through the Taiwan Innotech Expo (TIE) 2023 award, which was held on October 12-14, 2023 at the Taiwan World Trade Center, Taipei.

TIE 2023 is one of the leading innovation exhibitions in Taiwan and Asia. In a series of TIE activities, it was attended by more than 600 participants from 23 countries. TIE is a leading event for innovation in Taiwan and Asia organized by Taiwan's External Trade Development Council (TAITRA) and the Industrial Technology Research Institute (ITRI), with the aim of showcase innovative technology capabilities, creating international business opportunities, and encouraging industrial transformation.

On that occasion, PHE won four awards, namely:

1. Project Collaboration Improvement (PC Prov) Suparman Regional 2 PT Pertamina EP obtained Gold Medal with the title "SUPARMAN (Seking Unrained Potential in Mature Asset Production) Method to Increase 3,000 Barrel Oil Per Day Production and 2.3 Million Barrel Oil Proven Reserves in Krisna Field, Indonesia";

2. PC Provincial Machinist Regional 3 PT Pertamina Hulu Indonesia obtained a Silver Medal and the Korea Invention Promotion Association (KIPA) Special Award with the title "LOCOMOTIVE Methods - A Method of Determining Reactivation Candidate of Inactive Oil Wells";

3. Jambi Marebu Regional 1 Replication Team Improvement (RT Provincial) PT Pertamina Hulu Rokan received a Silver Medal and the National Research Council of Thailand (NRCT) Special Award with the title "Invention of Ultra Cyclone to Solve Pump Stuck Problem Due to Sand Ingression";

4. PC Prove EFA Regional 4 PT Pertamina EP Cepu obtained Bronze Medal and NRCT Special Award with the title "Increasing Oil & Gas Prospective Resources using EFA Software".

This award was given directly by the Director General Dr. Cheng-Wei Liao from Taiwan Intellectual Property Office in a series of awarding ceremony events held on October 14, 2023.

PHE's Director of Human Resources & Business Support, Oto Gurnita, revealed that PHE's success in the 2023 TIE event is an acknowledgment of international existence and is also proof of its contribution to the growth and development of the energy industry.

"This award is a form of external appreciation for PHE's performance in increasing production and continuing to innovate. PHE highly upholds its commitment to innovation and excellence and becomes a driving force in shaping the future of the energy industry. This award is proof of PHE's relentless efforts in achieving technological advances and dedication to support national energy resilience," explained Oto.

PHE will continue to invest in upstream oil and gas operations and business management in accordance with Environmental, Social, and Governance (ESG) principles. PHE has been registered with the United Nations Global Compact (UNGC) as a participant/member since June 2022. PHE is committed to Ten Universal Principles or Ten Principles of the UK in its strategy and operations, as part of implementing the ESG aspect.

PHE will continue to develop prudent and excellent operation management at home and abroad professionally to realize the achievements of becoming a world-class oil and gas company that is Environmentally Friendly, Socially Responsible and Good Governance.