Pertamina

Known as the second-largest crude oil producer in Indonesia, Pertamina shows a lot to back up that title. With $50.37 Billion in assets, the company is able to carry out financially-risky oil exploration activities despite the slumping oil prices; proving that it still has a firm grip and confidence on Indonesia’s oil and gas industry. The state-owned company also has its eyes on $1.61 Billion profit this year.

It was founded in August 1968 by the merger of Pertamin (established 1961) and Permina (established 1957). In 2020, Pertamina was the third-largest crude oil producer in Indonesia behind US-based companies ExxonMobil's Mobil Cepu Ltd and Chevron Pacific Indonesia.

Founded: August 1968
Headquarters: Jl. Medan Merdeka Timur, Gambir, Central Jakarta, Indonesia
Market cap: updating
Revenue: $41,469.5 million in 2021
Website: http://www.pertamina.com/