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Bimonthly Report 2022
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Jakarta, the Government through the Ministry of Energy and Mineral Resources announced the Offer of Oil and Gas Working Areas Phase I in 2021. A total of 6 oil and gas working areas were offered in this first round, consisting of 4 working areas through the Direct Offer mechanism and 2 working ares through the Regular Auction mechanism. The announcement of the oil and …
Non-Technical Meeting 2021
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Tectonics of Indonesia Tectonics of Indonesia Download FileJSC Indonesian Tectonics (Awang Satyana, 15Apr2021).pdf – 23.7 MB Progress of Some Issues on Tectonic of Indonesia Progress of Some Issues on Tectonic of Indonesia Download FileJSC Technical Session#2-2021_Recent Progress of Some Issues on Tectonic of Indonesia_Implication for Petroleum Exploration.mp4 – 1.15 GB Kegiatan KK Migas PSG 2021 Kegiatan KK Migas PSG 2021 Download FileUpdate_Kegiatan_KK_Migas_PSG_2021_JSC_30062021.pptx – 80.6 …
Exploration is needed to support Indonesia’s future en...
Oil and gas are non-renewable energy resources and cannot be readily replaced by natural means at a quick enough pace to keep up with consumption. The Ministry of Energy and Natural Resources have stated that Indonesia’s oil reserves of around 3,77 billion barrels will run out in about 9 years at today’s production rate, while for the gas reserves of 77 trillion cubic feet …
Big Oil’s exit from South-east Asia may crimp su...
JAKARTA – The Covid-19 pandemic and an ongoing shift to renewables are accelerating an exodus of the world’s largest oil and gas companies from South-east Asia, dimming prospects for investment and raising the possibility of supply shortages once demand recovers. United States and European oil majors have either announced or are thought to be in talks to shed US$5.7 billion (S$7.7 billion) of oil …
Govt’s flexible oil and gas contract choice ‘positive’...
The government’s decision to allow oil and gas producers to choose production sharing contracts (PSCs) is a positive step forward for investors in the upstream industry, compared with the less favorable gas ceiling policy, according to energy consultancy Wood Mackenzie. The Energy and Mineral Resources Ministry ruled on July 15 that all producers may choose between either using a gross split-type PSC or a …
Rumitnya Menambal Cadangan Gas Nasional
Defisit gas diprediksi terjadi pada 2023. Empat proyek gas yang masuk dalam daftar strategis nasional guna menutup kurangnya pasokan gas belum berjalan hingga sekarang. Dalam beberapa tahun terakhir cadangan gas di Indonesia terus mengalami penurunan. Kondisinya semakin runyam karena kegiatan eksplorasi yang semakin sedikit. Akibatnya, negara ini diproyeksi mengalami defisit gas pada 2023. Direktur Pembinaan Program Migas Kementerian Energi dan Sumber Daya Mineral Soerjaningsih …
Government optimistic of realizing one million bpd oil...
We have a long-term program to realize the production target, our lifting target. We have targeted oil production at one million barrels per day by 2030. Jakarta (ANTARA) – The government remains sanguine about realizing the oil lifting target of one million barrels per day (bpd) in 2030. Energy and Mineral Resources Minister Arifin Tasrif shared the optimism by affirming that 68 of the …
Kementerian ESDM Temukan Potensi Migas untuk Ketahanan...
Kementerian ESDM melalui Badan Geologi telah melaksanakan survei seismik di enam wilayah yang menghasilkan 38 rekomendasi WK migas. Kementerian Energi dan Sumber Daya Mineral atau ESDM terus berupaya melaksanakan kegiatan eksplorasi untuk menemukan potensi migas baru. Dengan begitu, ketahanan energi nasional bisa terjaga. Kepala Badan Geologi Eko Budi Lelono menjelaskan kegiatan eksplorasi yang telah dilaksanakan pemerintah berupa akuisisi data seismik di enam lokasi. Kegiatan …
Money short, auctions delayed in virus-stricken petrol...
The domestic oil and gas industry is reeling under the pressures of the global pandemic as investment falls short and block auctions are delayed. Realized investment in 2020 hit US$5.56 billion in June, or 38 percent of the most recent year-end target of $14.5 billion, said the Energy and Mineral Resources (ESDM) Ministry’s acting oil and gas director general, Ego Syahrial, on Wednesday. “That …