Our history in Indonesia
1898Socony (Standard Oil Company of New York) opens a marketing office in Java, selling grease lubricants and kerosene from Singapore to Batavia, Tuban and Indramayu.
1911Standard Oil Trust dissolved-Vacuum and Socony go separate way.
1912Standard Oil of New Jersey (Esso, later known as Exxon) enters Indonesia as Nederlandsche Koninglike Petroleum Maatschappi (NKPM). We began exploration activities in Sumatera.
1933Socony Vacuum and Standard Oil of New Jersey form a joint venture combining the companies' interests in the Far East and Africa, creating the Standard-Vacuum Oil Company (Stanvac), which combines Socony Vacuum's marketing interests and Esso's exploration and production operations in Indonesia.
1940World War II in the Far East caused the destruction of Stanvac's Sungei Gerong refinery in Sumatra. Several of Stanvac's tankers were also lost, either sunk or scuttled.
1955Socony Vacuum changes its name to Socony Mobil Oil Co., Inc. to take better advantage of the brand name "Mobil" to improve recognition of the company.
1960The assets of Stanvac are split between Mobil and Esso as a result of a consent decree in a civil antitrust suit against Esso. Assets in Indonesia remained as a joint venture, PT. Stanvac Indonesia (PTSI).
PTSI entered into a Contract of Work agreement with Pertamina, in line with the agreement to sell its marketing to the national company.
Mobil Oil Indonesia becomes the first Production Sharing Contract (PSC) contractors for B Block and North Sumatera Offshore (NSO) in Aceh.
Arun field was discovered by Sudhyarto after 14 unsuccessful wells in the B Block, Lhoksukon, North Aceh.
PT. Arun LNG plant, in which Mobil Oil is a partner with Pertamina and Jilco, goes on stream and LNG exports to Japan begin.
Mobil establishes a sales office in Indonesia.
Esso establishes a sales office in Indonesia.
Achieved a significant milestone in its operations at the Arun field, marking the sale of its 3,000th cargo of Liquefied Natural Gas (LNG), reflecting its consistent and dedicated efforts in providing energy solutions worldwide.
The merger of Exxon and Mobil gave rise to Exxon Mobil Corporation. The marketing of the company's stocks under the ticker symbol XOM had its initiation on the New York Stock Exchange on December 1, 1999.
The Banyu Urip field, situated 1,200 - 1,500 meters beneath the Cepu block surface in Bojonegoro, East Java, was identified as a significant discovery, holding an estimated oil reserve of 450 million barrels.
PT ExxonMobil Lubricants Indonesia (PT EMLI) was established. Closing the loop of our long heritage as we first entered Indonesia selling grease lubricants and kerosene.
Production Sharing Contract (PSC) signing for Cepu block and Mobil Cepu Ltd. is assigned as operator under the Joint Operating Agreement of Cepu Block.
2008Banyu Urip's Early Production Facility start-up delivered crude oil from Well Pad A to the Mudi and Tri Wahana Universal refineries.
2011Five major Engineering, Procurement and Construction (EPC) contracts are awarded to five Indonesian-led consortiums-commencing works for the full field development of the Banyu Urip project.
2015The Arun operations and PT. Arun NGL are transferred to Pertamina. Start-up of Banyu Urip full field facilites after successful production of over 70 million barrels of early production.
2016Plan of Development (POD) production of 165,000 barrels of oil per day is achieved at Banyu Urip field. Started fuels business in Indonesia under PT EMLI, commenced sales of commercial Diesel Fuels.
2018Banyu Urip is producing over 25 percent of Indonesia's crude oil at a rate of over 200 thousand barrels per day, exceeding the Plan of Development production rate by over 25 percent. ExxonMobil completed the acquisition of PT Federal Karyatama (FKT), one of Indonesia's largest manufacturers and marketers of motorcycle lubricants, to enable its expansions in an important international market.
2023Marks over 125 years of ExxonMobil’s presence in Indonesia. ExxonMobil Cepu Limited has produced over 600 million barrels of oil from Cepu Block, and contributed 6.6 times its initial investment to the national revenue.