Convex News

CEO Forum: IPA CONVEX 2024, Upstream Oil and Gas Industry Agrees to Prioritize Collaboration to Pursue Oil and Gas Production Targets and Decarbonization

JAKARTA, May 13, 2024 – The upstream oil and gas industry is faced with challenges that are not easy besides having to meet increasing energy needs, business actors are also requested to reduce carbon emissions generated from production operations. Nicke Widyawati, President Director of PT Pertamina (Persero), explained that as a state-owned company, Pertamina is...

IPA Convex 2024 Emphasizes Energy Security as the Main Focus of the Upstream Oil and Gas Industry

JAKARTA, 14 May 2024 – The ever-increasing energy demand encourages the upstream oil and gas industry to secure energy supplies. For this reason, oil and gas exploration will increasingly be encouraged to achieve energy security and support national energy demand. Minister of Energy and Mineral Resources (ESDM), Arifin Tasrif said that currently the government continues...

Government and Business Actors Affirm Readiness Towards Environmentally-Friendly Upstream Oil and Gas Industry

CLOSING CEREMONY 47TH IPA CONVEX 2023   Stakeholders in the upstream oil and gas sector continue to improve and prepare for a new chapter in the oil and gas industry that shall be able to respond to challenges of environmental sustainability, particularly in minimizing carbon emissions. These preparations include efforts to immediately implement Carbon Capture...

ENERGY CULTURAL NIGHT

The 47th Indonesian Petroleum Association Convention and Exhibition (IPA Convex) 2023 held a ‘Energy Cultural Night’ on Wednesday (26/7) evening at Plaza A, ICE, BSD City. This event is a form of IPA’s appreciation to oil and gas personnel for their contribution and hard work in building the Indonesian oil and gas industry. In addition,...

The Urgency of Fiscal Improvement and Perspectives for the Monetization of Oil and Gas Reserves in Eastern Indonesia

The government has targeted  national oil and gas production of 1 million barrels of oil per day and 12 BSCFD of gas by 2030. These targets can be achieved by several strategies, such as optimizing existing production, accelerating reserves into production, utilizing Enhanced Oil Recovery (EOR) and Enhanced Gas Recovery (EGR) and boosting exploration.  ...

Head of  Aceh  Oil and Gas Management Agency (BPMA), Teuku Mohamad Faisal: Advancing Aceh Through Oil and Gas Industry

At the 47th IPA Convention & Exhibition (CONVEX) held at the Indonesian Convention Exhibition (ICE) BSD City, South Tangerang, on Tuesday, 25 July 25 2023, the Minister of Energy and Mineral Resources (ESDM) of the Republic of Indonesia, Arifin Tasrif signed a Cooperation Contract for the Bireuen-Sigli Work Area with Acting Governor of Aceh Ahmad...

Pertamina Cooperates with Partners from Japan, South Korea and the UAE to Boost Carbon Emission Reduction

PT Pertamina (Persero) signed a cooperation to discuss, explore, and energy transition initiatives with several partners, including Mubadala Energy, POSCO INTERNATIONAL, Japex, and Jogmec. The signing was carried out on the sidelines of the IPA Convex 2023, Tuesday 25 July 2023.   These companies intend to explore cooperation in the context of research and development...