Pertamina EP, subsidiary of state oil and gas firm Pertamina booked net profit of US$508 million in Jan-Aug 2018 period, representing 93% of target for this year (US$547 million). Increase in oil prices and production in oil and gas supported the profit. Oil production reached 80,000 barrel per day (bpd) and gas production reached 1020 million metric cubic feet per day (mmscfd).