Our Subsidiaries

PT. Mitra Energi Prima

Formed in March 2004, PT Mitra Energi Prima is specializing in upstream services in the oil and gas industry.

PT. Global Synergy

Formed in March 2004, PT. Global Synergy specializes in Engineering, procurement, and construction (EPC), individual power producers (IPP).

PT. Valco Mulia Internasional

PT. Valco Mulia Internasional was incorporated in June 1998 to address the opportunities of investments in energy, infrastructure and commodity sectors in Indonesia.

On the downstream oil and gas sector, PT. Valco Mulia Internasional will undertake and construct LNG receiving terminal project and gas pipeline project. Throughout the period from 2002 to 2007 PT. Valco Mulia Internasional was acted as a partner for one of the world’s largest independent oil and gas exploration and production companies. During said period, PT. Valco Mulia Internasional had successfully performed its services in the form of acquisition of certain oil and gas assets within Indonesian territory and or overseas.


Upstream Services
  • Pertamina EP
  • Pertamina Geothermal
  • Pertamina Hulu Energi (PHE)
  • Petrochina
  • Star Energy
  • Total EP
  • Chevron
  • BP
  • ConocoPhillips
  • ExxonMobil
Upstream Investments
  • ANADARKO Petroleum – USA:
    • As Local Partner since 2000 - 2007, 20 PSC, USD. 1 Billion invested
Power / Electricity Sector
  • Valco – Black and Veatch (1994 – 1998):
    • EPC: CCPP (PLTGU) Muara Tawar, Tambak Lorok, Belawan
    • Client: State Owned Electricity Co (PLN)
    • Total Contract Acquired: USD 1 Billion Contract p.a
  • Valco:
    • Barge Mounted MFO Diesel Power Plant - 60 MW in Medan
    • Client: State Owned Electricity Co (PLN)
    • Contract Value: USD 70 Mio (awarded)
  • Exclusive local partner of Babcock Power International for Indonesia.
Downstream Investments
  • Gas Transportation (Plan Development)
  • LNG Receiving Terminal (Plan Development) in Java
Operation / Maintenance
  • Solar (Centaur 40) Rental for Vico Indonesia
  • Centaur 40 Control System Retrofit