| PT Lapindo Brantas | |
| Industry: | Oil and gas |
| Predecessors: | --> |
| Successors: | --> |
| Founders: | --> |
| Hq Location: | Sidoarjo, Indonesia |
| Areas Served: | --> |
| Key People: | Rinov Putra Laksono |
| Products: | Petroleum Natural gas |
| Profit: | --> |
| Profit Year: | --> |
| Owners: | --> |
PT Lapindo Brantas is an Indonesian oil and gas exploration company. It was established as a joint venture between PT. Energi Mega Persada Tbk. (50%), PT. Medco Energi Tbk. (32%) and Santos Australia (18%). The Bakrie family, through its investments, held a controlling stake in PT. Energi Mega Persada Tbk. Lapindo Brantas currently employs a staff of 77 permanent and contract employees and 142 personnel working for the company through a third party contract.[1]
Lapindo Brantas operates in the Brantas Block in East Java, Indonesia. The working area covers encompassing two onshore and three offshore sites:
In 2009, Lapindo Brantas started to supply households in East Java with natural gas.[2] The project involves supplying of gas to households in surrounding villages of Surabaya.[3]
See main article: Sidoarjo mud flow. The Sidoarjo mud flow is the result of an erupting mud volcano[4] in the subdistrict of Porong, Sidoarjo in East Java, Indonesia that has been in eruption since May 2006. It is the biggest mud volcano in the world; responsibility for it was credited to the blowout of a natural gas well drilled by Lapindo Brantas, although some scientists[5] and company officials contend it was caused by a distant earthquake.
Lapindo Brantas took responsibility in covering the cost of emergency response and victim resettlement, paying more than Rp.5 trillion (approx. US$550 million)[6] despite its acquittal as the cause of the mudflow in 2009 by Indonesia's Supreme Court.[7]