Royal Golden Eagle
RGE Pte. Ltd. operates oil and gas fields, power plants, palm oil farms, tree farms, paper mills, and textile mills. Operations are organized into eight subsidiary companies: APRIL, Asia Symbol, Asian Agri, Apical, Bracell, Sateri, Asia Pacific Rayon (APR), and Pacific Oil & Gas. The company is controlled by founder Sukanto Tanoto who established Raja Garuda Mas (RGM) in 1973.
Pacific Oil & Gas (PO&G) was established in 2003, and Canbriam Energy was formed in 2007 by Paul Meyers with funding from Warburg Pincus and ARC Financial in 2008. RGM was renamed Royal Golden Eagle in 2009. In 2017, Warburg Pincus, ARC Financial, BlackRock, State Street, and the Ontario Teachers Pension provided additional funding to Canbriam. Pacific Oil & Gas acquired Canbriam in 2019 and renamed this business Pacific Canbriam.