What Saka Energi Indonesia does

PT Saka Energi Indonesia (PGN Saka) is an upstream oil and gas company incorporated in Indonesia on 27 June 2011 as a wholly owned subsidiary of PT Perusahaan Gas Negara Tbk (PGN), Indonesia's state-owned gas group. PGN holds 99.997% of the company and fellow PGN subsidiary PT PGAS Solution holds the remaining 0.003%, embedding PGN Saka inside an integrated gas subholding alongside PGN's midstream distribution business.

PGN Saka's core activity is the acquisition, exploration, development, and exploitation of oil and gas resources. It manages a portfolio of 11 blocks — 10 in Indonesia and one shale gas block in the United States — with six of the Indonesian blocks (Muriah, Pangkah, South Sesulu, Sangkar, West Yamdena, and Pekawai) operated at 100% working interest. Core technology is conventional and unconventional upstream exploration and production, with the US shale asset providing exposure to hydraulic fracturing and shale gas extraction methods.

The business model is contract-based B2B sale of produced oil and natural gas. Produced gas is primarily offtaken by parent PGN through its midstream distribution network, making PGN effectively the sole customer channel. Revenue, pricing, and contract structures are not publicly disclosed. The company also operates an ESG and decarbonization program surface spanning biodiversity, water, waste, and emissions management, and maintains investor relations, sustainability reporting, and active industry participation including the Indonesian Petroleum Association's IPA Convex 2025.

Name

Saka Energi Indonesia

Legal name

PT Saka Energi Indonesia

Website

https://sakaenergi.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

251–500 employees

Short description

PT Saka Energi Indonesia (PGN Saka) is the wholly owned upstream oil and gas subsidiary of Indonesian state-owned gas group PT Perusahaan Gas Negara. It operates 10 Indonesian blocks and one US shale gas block, supplying gas primarily to parent PGN's midstream network.

Ownership category

akta.pro rank

Product category

Upstream Oil and Gas

NAICS

Crude Petroleum Extraction (21112)

SIC

Crude Petroleum & Natural Gas (1311)

akta.pro primary industry

Production Operations & Well Optimization (Artificial Lift, Flow Assurance) (EUALAAAF)

akta.pro secondary industry

Mineral Rights, Leasing & Land Management (EUALAAAB)

Keywords

• Upstream oil and gas
• Natural gas exploration
• Oil and gas production
• Shale gas extraction
• Energy resource development

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Upstream Oil and Gas Production: PGN Saka generates revenue through the exploration, development, and production of oil and gas resources. The company operates multiple production blocks in Indonesia (Muriah, Pangkah, South Sesulu, Sangkar, West Yamdena, Pekawai) with 100% ownership in six blocks, and one shale gas block in the United States. Revenue is derived from the sale of produced oil and natural gas resources.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

PT Saka Energi Indonesia (PGN Saka) is the upstream oil and gas subsidiary of PT Perusahaan Gas Negara Tbk (PGN), engaged in the acquisition, exploration, development, and exploitation of natural gas resources. The company operates 10 production blocks across Indonesia and 1 shale gas block in the United States, with six Indonesian blocks (Muriah, Pangkah, South Sesulu, Sangkar, West Yamdena, and Pekawai) fully operated under 100% interest stake. Revenue is generated from the sale of produced oil and natural gas under contract-based arrangements.

Product overview

PT Saka Energi Indonesia (PGN Saka) is an upstream oil and gas company established on June 27, 2011, as a wholly owned subsidiary of PT Perusahaan Gas Negara Tbk (PGN). The company operates a portfolio of oil and gas blocks, including six fully operated blocks in Indonesia (Muriah, Pangkah, South Sesulu, Sangkar, West Yamdena, and Pekawai) plus additional joint venture blocks totaling 10 blocks in Indonesia, and one shale gas block in the United States. The business encompasses the full upstream lifecycle: acquisition, exploration, development, and exploitation of natural gas resources. Additionally, the company conducts environmental sustainability programs including biodiversity conservation, water management, waste management, emission reduction, and decarbonization initiatives.

Differentiator

Problem solved

Functional benefit

Products and services

• Upstream Oil and Gas Operations End-to-end upstream oil and gas operations covering acquisition, exploration, development, and exploitation of natural gas resources across 10 blocks in Indonesia and 1 shale gas block in the United States. Targeted at supplying gas to PGN's midstream network and serving Indonesia's domestic energy security objectives.
• Muriah Block Indonesian upstream production block operated by PGN Saka with 100% interest, producing oil and natural gas as part of the company's domestic operations.
• Pangkah Block Indonesian upstream production block operated by PGN Saka with 100% interest, producing oil and natural gas as part of the company's domestic operations.
• South Sesulu Block Indonesian upstream production block operated by PGN Saka with 100% interest, producing oil and natural gas as part of the company's domestic operations.
• Sangkar Block Indonesian upstream production block operated by PGN Saka with 100% interest, producing oil and natural gas as part of the company's domestic operations.
• West Yamdena Block Indonesian upstream production block operated by PGN Saka with 100% interest, producing oil and natural gas as part of the company's domestic operations.
• Pekawai Block Indonesian upstream production block operated by PGN Saka with 100% interest, producing oil and natural gas as part of the company's domestic operations.
• US Shale Gas Block International upstream shale gas block located in the United States, providing PGN Saka with exposure to advanced hydraulic fracturing and shale gas extraction technologies as part of its international upstream portfolio.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• PT Perusahaan Gas Negara Tbk (PGN)coreStrategic or Co-development Partner · 27 June 2011PGN Saka was established on June 27, 2011, as a wholly owned upstream oil and gas subsidiary of PT Perusahaan Gas Negara Tbk (PGN). PGN Saka works in close cooperation with its parent to acquire, explore, and develop natural gas resources and complements PGN's role as the sole gas midstream player in Indonesia. PGN holds 99.997% ownership stake.
• PT PGAS SolutioncoreStrategic or Co-development Partner · 27 June 2011PT PGAS Solution is another PGN subsidiary that holds a 0.003% direct shareholding in PGN Saka, alongside PGN's 99.997% stake. This structure creates an integrated gas subholding ecosystem.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• BP Indonesia: Indonesian operations of global supermajor BP with upstream activities in the country. Comparable as a major international operator with substantial Indonesian upstream assets.
• Eni Indonesia: Subsidiary of Italian major Eni operating upstream oil and gas assets in Indonesia. Comparable as an international integrated operator with Indonesian upstream presence.
• Chevron Indonesia: Indonesian operations of global supermajor Chevron, one of the largest foreign operators in Indonesia's upstream sector. Comparable as a multinational E&P operating in the same regulatory environment.

Direct peers

• PT Pertamina Hulu Energi: Upstream oil and gas subsidiary of Indonesia's national oil company Pertamina. Directly comparable to PGN Saka as an Indonesian state-affiliated E&P operator holding multiple production blocks across the country.
• PT Energi Mega Persada: Indonesian upstream oil and gas company operating multiple production blocks in Indonesia. Directly comparable to PGN Saka as a domestic E&P operator with multi-block portfolios.
• PT Medco Energi Internasional: Indonesian publicly listed E&P company with significant upstream oil and gas operations across Indonesia and Southeast Asia. Comparable to PGN Saka in operating model, geographic focus, and asset portfolio composition.

Emerging players

• KrisEnergy: Smaller Southeast Asian E&P company focused on shallow-water and onshore production assets in the region. Comparable as a smaller-scale E&P operator with similar geographic focus on Southeast Asia.

Regional players

• Petronas Indonesia: Indonesian operations of Malaysian state-owned oil company Petronas. Comparable as an Asian state-affiliated E&P operator active in Indonesia's upstream sector.
• CNOOC Southeast Asia: Chinese state-owned E&P major with offshore Indonesia operations. Comparable as an Asian state-owned upstream operator active in the same geographic basin.
• Mubadala Energy Indonesia: International E&P player with Indonesian upstream operations including upstream gas assets. Comparable as a foreign-invested operator focusing on Indonesian gas resources, similar to PGN Saka's US shale gas operation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/pgnsaka
• YouTubeyoutube.com/channel/UCNaiQkkslWB_tZcsPBCLdPA
• Facebookfacebook.com/SakaEnergiIndonesia
• LinkedInlinkedin.com/company/sakaenergi
• Instagraminstagram.com/pgnsaka

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Saka Energi Indonesia