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Annual Report 2016

In 2016, PT Saka Energi Indonesia successfully navigated the challenges of the oil and gas industry with a solid strategy. Amidst low oil prices, the company remained capable of increasing revenue as well as oil and gas production. The acquisition of the Sanga-Sanga PSC was a strategic move that strengthened the asset portfolio, opening new opportunities for future growth. With increasingly optimal operational efficiency, SAKA continued to drive innovation and performance improvement across various lines. Commitment to business sustainability was also reflected in more effective resource management and the strict application of safety and environmental standards. Supported by a long-term vision and strong synergy with its parent company, SAKA continued to grow as a major player in the Indonesian energy industry. This annual report provides a complete overview of the compelling achievements, strategies, and future prospects to explore.

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