TIS Energy
Company Overview
Company Background and Commitment
Started as a physical crude oil and petroleum products trading company, TIS Petroleum (Asia) Pte Ltd has been committed to delivering and supplying hydrocarbons to National Oil Companies (NOCs) and Oil Majors around the region through safe, on-time, and to specification delivery.
Reach and Reputation
TIS Petroleum (Asia) Pte Ltd is active in trading crude oil across Southeast Asia and the Middle East, making it widely recognized by major oil companies such as Exxon, Shell, and national oil companies like Pertamina, Petroleum Brunei, Petronas, and PTT. TIS Petroleum strives to maintain its competitiveness as a trading company and trusted partner in delivering crude oil to its customers.
Added Value for Customers
We provide full-cycle services between buyers and sellers to ensure the best service for our customers. We ensure that our customers are satisfied with the delivery service our business provides, saving them extra costs and invaluable time.
Our History
- 2026Takes Over Sebuku Block Operatorship
- 2023RBG Block I Gas Field On-Stream
- 2022Plan Of Development (POD) Approval
- 2019Operatorship
- 2013Upstream
- 2013Trading
In July 31st, 2025, TIS Energy has officially announced the completion of its strategic acquisition of the Sebuku Block from Mubadala Energy. Finalized in Singapore, the transaction marks a major milestone in the company’s upstream portfolio expansion in Indonesia. With this acquisition, TIS Energy assumes operatorship of the Sebuku Block, a mature offshore gas asset with established production and distribution infrastructure, offering strong optimization potential in the years ahead.
In 2023, we proudly reached a major operational landmark with the RBG Block I Gas Field coming On-Stream. This successful transition from development to production marks the fruition of years of strategic planning and execution. The consistent energy flow from this field is a testament to our delivery capabilities and commitment to meeting regional energy demands.
The year 2022 brought a significant regulatory achievement with the formal Plan of Development (POD) Approval. This authorization is crucial for advancing our key asset, validating our development strategy, and providing a clear pathway towards commercial production, ensuring the long-term sustainability and growth of the company.
A pivotal milestone was achieved in 2019 as we successfully transitioned to an Operatorship role. This elevated responsibility reflects our technical capability and operational maturity, enabling us to directly manage and optimize key energy projects. The Operatorship further solidified our position as an integrated energy company capable of delivering complex solutions.
The year 2013 marked our strategic entry into the dynamic energy sector. We began by establishing a robust trading business, focusing on the supply of crude oil and petroleum products. Simultaneously, we laid the groundwork for future expansion by initiating upstream operations, demonstrating our commitment to securing essential energy resources and building a foundation as a trusted regional energy partner.
In 2013, TIS Petroleum (Asia) Pte Ltd marked its entry into the energy sector by establishing its trading business. The company began with the supply of crude oil and petroleum products, laying the foundation for its growth as a trusted regional energy partner. This milestone not only demonstrated TIS’s capability in delivering essential energy resources but also set the stage for future expansion into upstream operations and integrated energy solutions.
Vision & Missions
Missions
Our mission is to excel as a leading regional player in energy trading, which forms the core strength of our business. Supported by our expertise in upstream oil and gas exploration and production, we ensure sustainability and reliability across the value chain.
Vision
To be a global leader in the energy sector, driving sustainable progress through responsible oil and gas exploration, production, dynamic energy trading, and transition to more environmentally friendly energy production practices.
Board of Management
Ivan T Handojo
Managing Director
Colin Soh
Deputy Managing Director
Monsicha Sasithron
Operation Director
Annisa Saugi
Head of Financing
Heri Suryanto
General Manager Blora
Argo Rusdibyo
General Manager Sebuku
Corporate Governance
TIS Energy is centered on our core values and the principles that define us. It outlines our commitment to integrity and our dedication to building trustworthy relationships, ensuring that every action we take contributes to a sustainable and responsible future.
50+ Years
Years of Experience
100+ Wells
Drilled & Operated
100+ Million
Barrels Traded
Code of Ethics
All employees must conduct themselves in an ethical manner
- Conducting business fairly with high moral integrity;
- Applying the highest ethical standards at all time;
- Understanding and following the Company’s ethics and Good Corporate Governance policies.
Business Partners Code of Conduct
Professionalism
All employees are expected to conduct themselves professionally at all times, including demonstrating respect toward supervisors, colleagues, clients, stakeholders, and others. They should maintain a neat and appropriate appearance and act in a manner that reflects the organization’s positive image.
Confidentiality
All employees must respect the confidentiality of sensitive information they have access to during their employment, this includes, but is not limited to, company data, financial information, intellectual property, etc. Any authorized disclosure or use of confidential information is strictly prohibited.
Conflict of Interest
Employees must avoid situations that create a conflict of interest between their personal interests and those of the organization. In the event of such a conflict, employees are required to promptly disclose it to their supervisor or the appropriate department.
