Perdana Karya Perkasa
Indonesian oil and gas support services and energy company listed on the Indonesia Stock Exchange.
Last updated September 29, 2026
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Overview
PT Paragon Karya Perkasa Tbk (PKPK), commonly known as Perdana Karya Perkasa, is an Indonesian company established in 1983 to support oil and gas block operations in East Kalimantan. Its primary customers have included major operators such as PT Vico Indonesia, Total E&P Indonesie, Salamander Energy Ltd, and Santos Energy Ltd. Over time, PKPK expanded into other regions including the Kangean and Pagerungan blocks for PT EMP Kangean and the Sampang (Madura) area for Santos Energy Ltd, while maintaining East Kalimantan as its core business area. The company diversified beyond oil and gas support services. In the late 1990s it entered coal transportation for PT Pamapersada Nusantara in Bontang, and in 2005 it added coal mining and plantation support. This diversification led to a public offering of 20.83% of its shares and a listing on the Indonesia Stock Exchange in July 2007. Today PKPK operates in oil and gas supporting construction services, plantation services (including for the Smart group of companies), coal mining, and heavy equipment rental. Ownership has changed significantly in recent years. In 2021, PT Deli Putra Bangsa acquired 900,000,000 shares, representing 75% of the issued and fully paid shares. In 2026, Resources Global Development Limited acquired 612,000,000 shares (51% of share capital), while PT Deli Pratama Nusantara acquired 288,000,000 shares (24% of the share capital of PT Deli Putra Bangsa). The company remains active and listed, with a focus on supporting Indonesia's energy and resources sectors.
History
PT Paragon Karya Perkasa Tbk (PKPK) was established in 1983 primarily to support the operation of oil and gas blocks by PT Vico Indonesia, Total E&P Indonesie, and later Salamander Energy Ltd (from 2011). Its main business area has always been East Kalimantan. Over time, PKPK expanded its operations to other areas, including the Kangean and Pagerungan blocks for PT EMP Kangean, and the Sampang (Madura) area for Santos Energy Ltd. In the late 1990s, PKPK diversified into coal transportation for PT Pamapersada Nusantara in Bontang. In 2005, it further expanded into coal mining and the plantation support sector. This business development in the coal sector also marked a development in management, as PKPK carried out a public offering of 20.83% to the public and listed its shares on the Indonesia Stock Exchange in July 2007. The latest business sectors operated by PKPK include oil and gas supporting construction services for PT Vico Indonesia, Total E&P Indonesie, Salamander Energy Ltd, and Santos Energy Ltd; plantation services, including for the Smart group of companies; coal mining; and heavy equipment rental as a support sector for these key business activities. In 2021, PT Deli Putra Bangsa acquired 900,000,000 shares, or 75 percent of all issued and fully paid shares in PT Paragon Karya Perkasa Tbk. In 2026, Resources Global Development Limited acquired 612,000,000 shares, representing 51% of the share capital, while PT Deli Pratama Nusantara acquired 288,000,000 shares, representing 24% of the share capital of PT Deli Putra Bangsa.
- 2026
Resources Global Development Limited acquired 612,000,000 shares (51% of share capital); PT Deli Pratama Nusantara acquired 288,000,000 shares (24% of PT Deli Putra Bangsa).
- 2021
PT Deli Putra Bangsa acquired 900,000,000 shares (75% of issued and fully paid shares).
- 2011
Salamander Energy Ltd became a new customer.
- 2007
Public offering of 20.83% and listing on the Indonesia Stock Exchange in July.
- 2005
Expanded into coal mining and plantation support sector.
- 1990
Entered coal transportation for PT Pamapersada Nusantara in Bontang (late 1990s).
- 1983
PT Paragon Karya Perkasa Tbk (PKPK) established to support oil and gas block operations in East Kalimantan.
Products and positioning
A diversified Indonesian energy support services provider with a core focus on East Kalimantan oil and gas operations.
Oil and gas supporting construction services
Services for PT Vico Indonesia, Total E&P Indonesie, Salamander Energy Ltd, and Santos Energy Ltd.
Plantation services
Including for the Smart group of companies.
Coal mining
Coal mining operations.
Heavy equipment rental
Support sector for key business activities.
Coal transportation
For PT Pamapersada Nusantara in Bontang (late 1990s).
Sources4 sources
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