The development of Cepu Block, which now contributes 30% to the national oil production, has been one of the focuses of Rukun Raharja’s business. Yet, this Upstream Investment will not be limited for the development of Cepu Block only, but also at several other prospective locations. Hence, it is expected that this business pillar will further expand the Company's business network.
Established in 2006, REC is engaged in business management and consulting and capital venture investment. Formerly known as PT DSME ENR Cepu, REC was acquired by Rukun Raharja in the effort to secure a participating interest in Cepu Block, which now contributes 30% to the national gas production. With a contract period that lasts until 2035, REC provides a great prospect for Rukun Raharja to further enhance its role in the future of national gas industry.
PT Raharja Energi Cepu
Office Park Thamrin Residences A01-05
Jl. Thamrin Boulevard, Kebon Melati
Tanah Abang, Jakarta, 10220
T : (+6221) 2357 9812
F : (+6221) 2357 9813