ENI Signs Memorandum of Understanding with Pertamina

Source Press Release
Company ENI S.p.A.Pertamina 
Tags Renewable Energy, Refining & Marketing Activities, Strategy - Corporate
Date September 21, 2018

Eni and PT PERTAMINA (Persero) signed today in Porto Marghera, at Eni Green Refinery, a Memorandum of Understanding further expanding the relationship into green refinery.

The Parties agreed to explore a wide array of new opportunities across the entire energy value chain.

This Memorandum of Understanding represents a step forward in Eni’s strategy to strengthen its presence in the Far East, looking for new business opportunities with a particular focus in the Downstream sector; leveraging also Eni unrivalled experience in converting & operating first-class bio-refinery assets.    

Eni has been present in Indonesia since 2001, conducting operations of exploration and production. Today production derives from Muara Bakau block (Eni’s interest 55%) where Jangkrik field started-up in 2017.

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