PT. STAR SHINE PETROLEUM
Proven Track Record In IOR/EOR Technology Investment and Project Delivery
Upstream Oil & Gas
SYSTEMS
PT. STAR SHINE PETROLEUM ("SSP") partners with oil and gas clients (including PT. Pertamina (Persero), an Indonesian National Oil Company) to help them succeed in a highly competitive and ever-changing hydrocarbon supply-chain by Full-Scale implementations of the proven IOR (Fracking in both conventional and unconventional reservoirs; and waterflooding) and EOR (Chemical EOR Injection, Thermal EOR/Steamflooding, Microbial EOR Injection).
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SSP offers a comprehensive range of product lines and fracturing fluid systems for both conventional and unconventional fracturing. Our team and partnered suppliers (under exclusive agreements) co-develops and co-manufactures effective, economical, and readily available formation stabilizers, surfactants, crosslinkers, and breakers, all backed by decades of well-documented, proven performance.
At SSP, we believe in collaboration, working closely with you to provide the best available technologies and solutions tailored to your specific fracturing fluids and formation geologies.
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TECHNOLOGIES
In IOR implementations, we sought to improve production from vertical and horizontal wells, implementing high-conductivity fractures that reach deep into the reservoir is crucial. This strategy increases production rates and helps prevent issues like frac hits and unwanted water or gas zones.
SSP provides an integrated expert services and equity investment for the full-scale implementations of EOR (of any technologies from Chemical, Microbial, Thermal/Steamflooding), completions or near-wellbore restimulation in mature and pressure-depleted oilfields, with built-to-purpose fluid systems (from frac fluids to EOR-specifics such as Alkali-Surfactant-Solymer, Alkali-Co-Solvent-Polymer) finely-tailored for both conventional and unconventional reservoirs. Our advanced proppants enhance fracture conductivity for optimal yield.
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At SSP, we prioritize cost-effectiveness, operational efficiency, and environmental responsibility, offering innovative solutions and customized support. Partnering with SSP helps you achieve successful outcomes in oil and gas extraction for many years to come.
INVESTMENTS
At SSP, we are the outcome-driven oil & gas technology investment, IOR/EOR implementor, and technical advisory company.
We believe behind every challenges of incremental oil recovery in mature and pressure-depleted oilfields, no matter how significant, lies opportunity. We make the full-scale implementation of IOR and EOR technologies simpler, better, faster, and cheaper.
We are confident with our technologies and dare to invest in our own projects to ensure smooth path to ROI and co-create the future with our oilfields' co-operators, partners, and assets owners.
At SSP, we work closely with oil & gas technology providers and a network of engineers and technical specialists service partners to ensure successful full-scale implementation of SSP's technologies for our clients. ​We project finance (with foreign equity investments to) the Indonesian oil & gas sector through various project finance ("PF") instruments to build new oil & gas facilities, drilling & completions, exploration studies, upgrade existing installations and refinance other major projects
WHAT IS PT. STAR SHINE PETROLEUM?
PT. STAR SHINE PETROLEUM ("SSP") was built on a strong foundation of upstream oil & gas expertise and project management. Led by talented, entrepreneurial, multi-disciplined Global Energy Executives, IOR/EOR industries' veterans, and management professionals in the oil & gas industry, versed in the language of oil & gas fields' owners-operators, financial partners, and institutional investors.
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​Our dedication to innovation is at the core of our business. We use state-of-the-art, custom-designed equipment in our IOR/EOR operations to maximize the oil well's output.
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At the heart of our corporate philosophy is our “SSP Gives Back” initiative. Our commitment to addressing poverty and hunger mirror the Sustainable Development Goals in Indonesia. Through our most recent initiation for collaborations with esteemed organizations like the "The Helping Hand for Relief and Development" and other charity organizations (in-progress), we endeavor to improve our local communities throughout the archipelago of Indonesia.
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Health, Safety, and Environmental (HSE) responsibilities aren’t just a list of standards; they’re integral to how SSP operates. We prioritize them, recognizing our duty to the broader Indonesian communities where we live and work.
Our Approach:
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Responsibility & Accountability: Our commitment to HSE goes beyond merely meeting basic requirements. We strive for excellence, establishing standards that not only benefit our clients but also set us apart in the industry.
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Efficiency & Safety: We believe that a strong HSE foundation enhances the quality of our services, ensuring maximum efficiency while prioritizing employee safety and environmental protection.
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Beyond Policies: At SSP, safety isn’t just a protocol—it’s part of our culture. We are steadfast in our dedication to safeguarding our team, partners, clients, and communities.​​
OUR CLIENTS
PARTNERSHIP
Delivering value in oil and gas
PT. STAR SHINE PETROLEUM ("SSP") works closely with its strategic partners in Indonesia to develop oil & gas projects. We can help structure unique deals to boost oil recovery from mature and pressure-depleted fields throughout Indonesia by leveraging unmatched technical upstream oil & gas project experiences (from Indonesia, China, U.S.A., Norway, Oman, Kuwait, and Azerbaijan) relationships with major project finance lenders — commercial banks, capital markets, export credit agencies, multilateral agencies and bilaterals — and works with partners through the Joint Finance Team approach.
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SSP's project execution record improves lenders’ perceptions of project risk and often results in our projects enjoying access to capital at superior rates. We have an extensive track record of successfully placing financing for Indonesian projects (oil & gas and mineral resources throughout Indonesia) with optimal financing terms at the lowest possible cost. We work with all types of partners on complex projects using innovative commercial and financing structures to facilitate business objectives. This enables us to achieve efficient deal execution with optimum commercial and financial terms for those involved in development. We have cumulatively project financed more than USD 8.9 billion in international energy (oil & gas and power) and mineral resources' projects since 2000.