Indonesia-Japan Fast Track Pitch Event 2023

Navigating Energy Transition, Digital Transformation, and Emerging Competition: Challenges Faced by the Largest Energy Company in Indonesia

Message from Pertamina

Director of Strategic Portfolio & New Ventures (Mr. A. Salyadi D. Saputra)

As the largest energy company in Indonesia, Pertamina plays a vital role in the energy transition and navigating the challenges of a volatile, uncertain, complex, and ambiguous (VUCA) business environment.
We recognize the emerging competition and the need to adapt to new trends and technologies. Pertamina is committed to being at the forefront of the energy industry by embracing innovation, sustainability, and collaboration.

Pertamina's Challenge

1. Energy Transition and Decarbonization:
Pertamina faces the challenge of transitioning its energy portfolio towards cleaner and more sustainable sources while reducing its carbon footprint. This requires a strategic shift towards renewable energy, increased investment in research and development of low-carbon technologies, and the implementation of energy efficiency measures.
2. Digital Energy Solution:
Pertamina needs to leverage digital technologies to enhance its operations, improve efficiency, and optimize decision-making processes. This includes leveraging data analytics, artificial intelligence, and Internet of Things (IoT) solutions to optimize exploration and production processes, improve supply chain management, and enhance customer experience.
3. Strengthening Current Business Operations:
Pertamina encounters rising competition from emerging market entrants, such as renewable energy startups and electric mobility companies. To maintain competitiveness in the dynamic energy landscape, Pertamina must proactively identify market trends, anticipate disruptions, and cultivate innovative business models. This is particularly crucial in Pertamina's upstream to downstream oil and gas operations, where the company should continuously enhance its operational efficiency and explore new avenues for growth. By strengthening its existing business operations, Pertamina can effectively navigate the evolving industry landscape and secure a strong market position.
Collaboration Needs
1. Technology and Innovation Partnerships:
Pertamina seeks collaboration with technology and innovation partners to drive research and development in clean energy technologies, energy storage, and carbon capture utilization and storage (CCUS). Collaborations can enable knowledge sharing, access to cutting-edge technologies, and joint projects to accelerate energy transition initiatives.
2. Cross-Industry Collaboration:
Pertamina recognizes the importance of collaborating with other industries, such as transportation and manufacturing, to drive integrated solutions for sustainable energy. Collaborations can focus on developing electric vehicle charging infrastructure, promoting green hydrogen production, and fostering circular economy practices.
3. International Partnerships:
Pertamina aims to establish strategic partnerships with international energy companies, research institutions, and organizations to exchange best practices, access global expertise, and explore joint investment opportunities. International collaborations can accelerate technology transfer, enhance operational excellence, and strengthen Pertamina's position in the global energy market.
Opportunity Collaborating with Indonesia's largest energy company presents an exciting opportunity for potential partners to participate in the challenges and collaborations surrounding energy transition, digital transformation, and emerging competition. By partnering with Pertamina, companies can:
1. Drive Innovation and Technology Development:
Potential partners can engage in joint research and development initiatives to foster innovation in clean energy technologies. Leveraging the Pertamina's expertise and resources, partners can accelerate the development and commercialization of their technologies.
2. Access the Indonesian Market:
Collaborating with Pertamina provides a gateway to the Indonesian energy market, one of Southeast Asia's largest and fastest-growing markets. Partners can tap into the extensive infrastructure and distribution networks, expanding their reach and seizing new business opportunities.
3. Foster Sustainable and Integrated Solutions:
By partnering with Pertamina, companies can drive cross-industry collaborations to develop integrated solutions for sustainable energy. Partnerships enable contributions to Indonesia's energy transition goals and cater to the rising demand for sustainable energy solutions.
1. Expertise and Knowledge:
Pertamina offers extensive expertise and knowledge in the energy sector, including oil and gas exploration, refining, distribution, and renewable energy. Potential partners can benefit from Pertamina's deep industry insights, technical know-how, and experience in navigating the Indonesian market.
2. Extensive Infrastructure:
As the largest energy company in Indonesia, Pertamina possesses a vast network of infrastructure, including refineries, storage facilities, pipelines, and fuel stations. Potential partners can leverage this infrastructure to enhance their operational capabilities, expand their reach, and optimize supply chain efficiency.
3. Market Access and Distribution Channels:
Pertamina's strong market presence and distribution channels provide potential partners with valuable market access. By collaborating with Pertamina, partners can tap into the company's extensive customer base and distribution networks, enabling them to reach a wider audience and accelerate market penetration.
4. Research and Development Capabilities:
Pertamina invests in research and development activities to drive innovation in the energy sector. Potential partners can leverage Pertamina's research facilities, technical expertise, and collaborative R&D programs to accelerate the development and commercialization of new technologies and solutions.

About Pertamina

Pertamina, as the largest energy company in Indonesia, is dedicated to ensuring national energy security and self-sufficiency while promoting the development of new and renewable energy sources. With a rich history dating back to the 1950s, Pertamina has continuously evolved and adapted to changing energy demands and regulations.

  1. Maximizing Existing Resources: Pertamina focuses on digital transformation to optimize operations and enhance efficiency across its business processes.
  2. Exploring New Resources: Pertamina actively participates in energy transition and decarbonization, investing in renewable energy projects to diversify its portfolio and align with the evolving global energy landscape.
  3. Optimizing Current Business Process: Pertamina commits to digital transformation and streamlining current operations through innovative technologies, improving productivity and customer experience.
  4. Supporting Business Continuity: Pertamina recognizes the importance of energy transition and decarbonization for long-term business continuity. The company engages in initiatives that promote sustainable practices and reduce carbon emissions, supporting the transition to a low-carbon economy.

Through its flexible organizational structure and commitment to transformation and investment, Pertamina is well-positioned to meet the challenges of the future and contribute to the nation's energy development as a leading global energy player.

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