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Indonesia’s upstream picks up the pace
The government is optimistic that increasing offshore activity and exploration will help revive flagging production, despite energy security fears
Indonesia prioritises domestic needs over LNG exports
The country’s hunger for energy will continue to compete with its LNG exports, even as more gas projects progress and new liquefaction capacity comes online
Jadestone sees opportunities in Southeast Asia
The AIM-listed independent is pushing ahead with developments in Indonesia, Malaysia and Vietnam, CEO Paul Blakeley tells Petroleum Economist
Indonesia looks to gas to cover growing energy needs
Recent elections and on-going LNG developments highlight the importance of domestic gas demand in the sprawling island nation
Optimism despite setbacks in NL offshore
The province’s government remains positive about the future of its offshore industry despite recent difficulties
Indonesia considers LNG export restrictions
Rising domestic demand and the pressures of net zero are prompting the Southeast Asian country to look at limiting outflows of gas
Global offshore market is on the upswing
Contractors set for multi-year recovery amid continually improving economics and efficiencies
Asia’s NOCs chart paths to decarbonisation
But none of the companies are poised to abandon oil and gas anytime soon
Gabon’s production set for further expansion
But significant discoveries are likely needed to prevent output from sliding again later this decade
Indonesia greenlights more projects
Jakarta is seeking to accelerate upstream developments and encourage more foreign investment
Jakarta’s skyline
Indonesia Offshore
Simon Ferrie
16 January 2023
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Indonesia greenlights more projects

Jakarta is seeking to accelerate upstream developments and encourage more foreign investment

Indonesia started the year by approving development plans for two new offshore projects, as the authorities continue their efforts to raise domestic oil and gas production. UK-listed independent Harbour Energy secured approval for its planned development of the Tuna gas field in Indonesia, near the maritime border with Vietnam. Indonesia’s Ministry of Energy and Mineral Resources greenlit Harbour’s plan of development (POD) for the offshore gas project, following recommendations from SKK Migas, the state agency tasked with turning around the country’s upstream. Harbour submitted the POD in October and plans to carry out a Feed study this year, with a target of reaching FID by the end of 2023

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