Ramba Energy Limited (R:14) is a Singapore Stock Exchange-listed company engaged in oil and gas exploration and production in Indonesia. The group ventured into the energy sector in 2008 with the goal of becoming a significant energy producer in Indonesia. Now, shortly after embarking on this journey, the company has a growing portfolio of oil and natural gas assets. Ramba?s assets are located in proven basins in South Sumatra and West Java; both regions with existing oil and gas production. The company's strategy is to continue to grow in Western Indonesia through the acquisition and development of lower-risk, onshore assets. The group holds a 70% interest in the Jatirarangon block, located in West Java, Indonesia; a 100% interest in the West Jambi block, located in Sumatra, Indonesia; and its local subsidiary holds a 51% interest in the Lemang block, also located in Sumatra, Indonesia. Ramba's logistics business unit, RichLand Logistics, provides supply chain services including inbound and outbound transportation activities, distribution management, seaport and airport cargo handling services and chemical logistics distribution throughout the region. RichLand employs over 500 employees and has a fleet of over 400 trucks and more than 500 ISO tanks. Headquartered in Singapore with assets strategically located in Indonesia, Ramba Energy is an energy producer well-positioned to grow in the future.
Sector: Oil & Energy
Year Established: 2008