EMP
Energi Mega Persada (EMP) is an Indonesian publicly listed upstream oil and gas company operating Production Sharing Contract blocks across Sumatra, Java, Sulawesi, and Mozambique, selling oil and gas primarily to state-owned industrial off-takers such as PLN and Pertamina under long-term take-or-pay contracts.
- Company typePublic
- Founded2001
- HeadquartersJakarta, Indonesia
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What EMP does
Energi Mega Persada Tbk (EMP) is a publicly listed Indonesian upstream oil and gas company (IDX: ENRG) that operates multiple Production Sharing Contract (PSC) blocks across Indonesia and Mozambique under the supervision of SKK Migas. The company's asset portfolio spans Sumatra (B PSC, Bireun Sigli, Gebang, Tonga, Malacca Strait, Siak, Kampar, Bentu, Korinci Baru, South CPP), Java (Kangean), Sulawesi (Sengkang), and Mozambique (Buzi EPCC), with approximately 95% of operated reserves in natural gas. Operational control runs through a network of wholly-owned subsidiaries such as Kangean Energy Indonesia Ltd, EMP Bentu Limited, EMP Gebang Limited, and PT Imbang Tata Alam, each holding interests in specific PSC blocks.
EMP's product set centers on crude oil and natural gas production, processed through dedicated infrastructure including the Segat Gas Plant I and II facilities at the Bentu PSC block in Riau (~60 mmscfd each) and the TSB offshore complex (Terang, Sirasun, and Batur fields) at the Kangean block in East Java, which is expected to produce around 200 mmscfd. The company sells gas under long-term take-or-pay Gas Sales & Purchase Agreements to Indonesian state-owned industrial off-takers, principally PT Pertamina (Refinery Unit II Dumai), PT Perusahaan Listrik Negara (PLN) for power generation in Pekanbaru, and state-owned electricity and fertilizer companies in East Java, with delivery via company-owned processing facilities and the PT Transportasi Gas Indonesia pipeline network.
The business model is structured around PSC economics with the Government of Indonesia, generating revenue from production entitlement shares on oil and gas sold to enterprise buyers, with take-or-pay clauses providing minimum-volume revenue visibility. The company is headquartered at Bakrie Tower in Jakarta and employs between 501 and 1,000 people. Reported scale metrics for 2025 include net profit of Rp 1.6 trillion (up 21% year-over-year) and 9M 2025 EBITDA above Rp 3.5 trillion; Q1 2026 average gross production was 41,042 boepd. Recent strategic moves — including the November 2025 acquisition of JAPEX's 25% stake in Kangean, a new JAPEX partnership on the Gebang asset, and a 2021 OJK-cleared Rights Issue — indicate active capital deployment to consolidate and develop the gas portfolio.
EMP firmographics
Firmographics- Name
- EMP
- Legal name
- PT Energi Mega Persada Tbk
- Website
- https://emp.id
- Company type
- Public
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Energi Mega Persada (EMP) is an Indonesian publicly listed upstream oil and gas company operating Production Sharing Contract blocks across Sumatra, Java, Sulawesi, and Mozambique, selling oil and gas primarily to state-owned industrial off-takers such as PLN and Pertamina under long-term take-or-pay contracts.
- Ownership category
- akta.pro rank
Where EMP is headquartered
LocationHeadquarters
- HQ city
- Jakarta
- HQ country
- Indonesia
- HQ region
- Asia
Offices1 record
Markets served
EMP business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Oil and Gas Production Sales: Revenue generated from production and sale of oil and natural gas through Production Sharing Contracts (PSC) with the Government of Indonesia. Gas contracts operate on take-or-pay basis ensuring minimum revenue regardless of actual gas utilization. Oil and gas sold to industrial buyers including PT Pertamina and state-owned utilities.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
EMP product offering
Product offeringCore offering
Energi Mega Persada (EMP) is an upstream oil and gas exploration and production company operating under Production Sharing Contract (PSC) framework with the Government of Indonesia. The company produces crude oil and natural gas from multiple asset blocks across Sumatra, Java, Sulawesi, and Mozambique, selling gas primarily under long-term take-or-pay Gas Sales & Purchase Agreements to industrial buyers including state-owned enterprises.
Product overview
EMP (Energi Mega Persada) is an upstream oil and gas company operating multiple Production Sharing Contract (PSC) blocks across Indonesia and Mozambique. The company's operations span Sumatra, Java, Sulawesi, and Mozambique, with primary products including oil and gas production from various PSC blocks, and gas processing through the Segat Gas Plant facilities in Riau (SGP I and SGP II) and the TSB Offshore Gas Field (Terang, Sirasun, and Batur) in the Kangean block. The company focuses on gas production, with approximately 95% of operated reserves in natural gas.
Differentiator
Problem solved
Functional benefit
Products and services
- Oil and Gas Production (PSC Blocks) EMP operates multiple upstream oil and gas Production Sharing Contract (PSC) blocks across Indonesia and Mozambique, including Sumatra (B PSC, Bireun Sigli PSC, Gebang PSC, Tonga PSC, Malacca Strait PSC, Siak PSC, Kampar PSC, Bentu PSC, Korinci Baru PSC, South CPP PSC), Java (Kangean PSC), Sulawesi (Sengkang PSC), and Mozambique (Buzi EPCC). Customers include industrial buyers such as PT Pertamina and state-owned utilities.
- Segat Gas Plant I (SGP I) Gas processing facility located in Riau, Sumatera. Gas output sold primarily to PT Perusahaan Listrik Negara (PLN) for power generation in Pekanbaru, Riau.
- Segat Gas Plant II (SGP II) Second gas processing facility at Bentu PSC Block in Riau, Sumatera with production capacity of 60 million cubic feet of gas per day. Gas output sold to PT Pertamina's Refinery Unit II Dumai via pipeline operated by PT Transportasi Gas Indonesia.
- TSB Offshore Gas Field (Terang, Sirasun, and Batur) Offshore gas field located approximately 90 km north of Bali Island with water depth of 90 to 230 meters, situated within the Kangean block in East Java. The TSB field consists of Terang, Sirasun, and Batur gas fields, sold to state-owned electricity and fertilizer companies.
Companies that use EMP
Customer profileNamed customers4 records
Segments2 records
Ideal customer profiles2 records
EMP technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
EMP partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- JAPEX (Japan Petroleum Exploration Co., Ltd.)coreEMP acquired JAPEX's 25% stake in the Kangean gas block, giving EMP full control of the Kangean gas asset. Previously, EMP formed a joint venture with JAPEX to monetize the Gebang gas asset in North Sumatra.
- SKK Migas (Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi)coreSKK Migas is the special task force overseeing upstream oil and gas business activities in Indonesia. EMP operates under Production Sharing Contracts supervised by SKK Migas.
- Yayasan Bakrie AmanahminorCorporate social responsibility partner supporting disaster relief efforts and community development programs in areas where EMP operates.
Scale indicators9 records
Recent moves6 records
Expansion highlights5 records
EMP competitors and assessment
Company assessmentDirect peers
- Star Energy Group Holdings Pte. Ltd. Indonesian-focused geothermal and upstream energy company with major Indonesian gas asset operations and PSC contract exposure. Operates in adjacent energy domains under similar regulatory framework.
- RH Petrogas Limited: Asia-Pacific-focused upstream oil and gas E&P company with Indonesian and Southeast Asian PSC operations. Similar market cap and gas-weighted production profile to EMP.
- KrisEnergy Ltd. Asia-focused upstream E&P company with PSC operations in Southeast Asia. Operates similar small-to-mid cap oil and gas assets in the region with comparable reliance on take-or-pay contracts and government partnerships.
- Japan Petroleum Exploration Co. (JAPEX): Japanese upstream E&P company and former 25% partner in EMP's Kangean block. Operates PSC-style upstream assets in Indonesia and Asia Pacific with similar gas-focused production profile and government contract structures.
- PT Apexindo Pratama Duta: Indonesian upstream E&P and drilling services company operating PSC blocks in Indonesia with similar regulatory dependency on SKK Migas and comparable focus on domestic gas and oil production.
- Medco Energi Internasional: Indonesian-listed upstream oil and gas E&P company operating domestic and international assets with similar PSC framework exposure and gas-weighted production mix. Closely comparable in scale, geography, and customer base anchored to state-owned enterprises.
Broad incumbents
- PT Pertamina (Persero): Indonesia's state-owned integrated energy major and the largest domestic oil and gas producer. Functions as both a regulator-adjacent counterparty (offtaker of EMP's gas) and a competitor for upstream acreage under the same PSC framework.
Emerging players
- Singapore Petroleum Company Limited: Asia-Pacific upstream E&P company focused on exploration and production across Southeast Asia. Comparable in size and asset profile to EMP, with similar government-contracted upstream operations in the region.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
EMP social profiles
Digital presenceEMP financial estimates
Financial estimateRevenue estimate
Valuation estimate
EMP leadership team
Management profileNumber of profiles
Profiles3 records
EMP subsidiaries and ownership
Company hierarchySubsidiaries13 records
EMP funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EMP M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EMP
What does EMP do?
Energi Mega Persada (EMP) is an upstream oil and gas exploration and production company operating under Production Sharing Contract (PSC) framework with the Government of Indonesia. The company produces crude oil and natural gas from multiple asset blocks across Sumatra, Java, Sulawesi, and Mozambique, selling gas primarily under long-term take-or-pay Gas Sales & Purchase Agreements to industrial buyers including state-owned enterprises.
Is EMP a public or private company?
EMP is a public company. It is classified as public and is currently operating.
When was EMP founded?
EMP was founded in 2001. It employs 501 to 1,000 people.
Where is EMP based?
EMP is headquartered in Jakarta, Indonesia, in the Asia region.
How does EMP make money?
One revenue line is on record: oil and Gas Production Sales.
Who are EMP's main competitors?
Direct peers on record are Star Energy Group Holdings Pte. Ltd., RH Petrogas Limited, KrisEnergy Ltd., Japan Petroleum Exploration Co. (JAPEX), PT Apexindo Pratama Duta and Medco Energi Internasional. PT Pertamina (Persero) is listed as a broad incumbent. Singapore Petroleum Company Limited is listed as an emerging player.
Does EMP have an API?
No public API is recorded for EMP.