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GE and Pertamina ink drilling technology collaboration agreement in Indonesia

09th April 2015

GE has signed a Memorandum of Understanding (MoU) with Pertamina Drilling Services Indonesia (PDSI) to cooperate in developing integrated solutions for oil, gas and geothermal equipment and services

GE has signed a Memorandum of Understanding (MoU) with Pertamina Drilling Services Indonesia (PDSI) to cooperate in developing integrated solutions for oil, gas and geothermal equipment and services
The cooperation will allow GE’s Oil and Gas solutions to be more closely aligned with Pertamina’s strategic objectives to better anticipate technology needs and streamline the delivery process.

The MoU sets the framework for GE and PDSI to jointly develop efficient and innovative drilling equipment and solutions for onshore and offshore applications. In addition, the cooperation will allow GE’s Oil and Gas solutions to be more closely aligned with Pertamina’s strategic objectives to better anticipate technology needs and streamline the delivery process.

This will include assessing the possibility of joint business development to market equipment and services to support oil, gas and geothermal operations in Indonesia, as well as explore potential opportunities to develop equipment maintenance workshop facilities, spare parts inventory, and a technical training centre, which will build local service capabilities for Pertamina.

The MoU was signed by Faried Rudiono, president director of Pertamina Drilling Services Indonesia and Iwan Chandra, president director of GE Oil and Gas Indonesia, witnessed by Syamsu Alam, director of Upstream, PT Pertamina Persero, and Visal Leng, Asia Pacific regional general manager for GE Oil and Gas

“We hope through the support of GE’s Research & Development, PDSI will be able to deliver innovative solutions to our customers,” Rudiono said. “Furthermore, this partnership will allow PDSI to capture new opportunities to drive the company’s growth.”

“GE is encouraged by the government’s commitment to accelerate infrastructure development in the country, especially in the oil and gas sector. With the increasing complexity in the industry, it is critical to bring innovations that can help increase efficiency and improve operations, and this is where GE can help,” said Visal Leng, GE Oil and Gas regional general manager Asia Pacific.

Iwan Chandra, president director GE Oil and Gas Indonesia, added: “We are pleased to partner with PDSI in bringing the latest technology and solutions that can optimize operations for Indonesia’s Oil and Gas sector.”

PT Pertamina Drilling Services Indonesia (PDSI) is a subsidiary of PT Pertamina (Persero) that provides services and integrated drilling solutions for oil, gas and geothermal exploration , exploitation and work-over drilling.

PDSI owns 42 land rigs, one joint operating offshore rig, and project locations across Indonesia.

GE has been in Indonesia since 1940, providing the latest technology and solutions in aviation, transportation, power generation, energy management, oil and gas, health and lighting. GE has 800 employees in its 10 facilities and project locations in Indonesia in addition to its country head office in Jakarta, two factories in Batam and Yogjakarta, and a service centre in Bandung.

In 2013, GE Oil and Gas expanded the capabilities of its manufacturing facility in Batam to be the first manufacturing facility in Asia Pacific to produce vertical subsea trees for deep water oil and gas production. This expansion underscores GE’s commitment to localizing more of our company’s business capabilities in Southeast Asia, especially in Indonesia to support the country’s local economic and energy goals.

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