Convex News

Omnibus Law to Make Upstream Oil and Gas Industry Licensing Faster, with Certainty

JAKARTA. The business certainty in the upstream oil and gas industry will be clearer after the promulgation of the Omnibus Law. The Law will be followed up by a Presidential Regulation (Perpres) that makes it easier for cooperation contract contractors (KKKS) to manage permits in carrying out operations. The system will be integrated, with the...

CLOSING CEREMONY OF THE 45TH IPA CONVEX 2021: INDUSTRY PREPARES TO OPTIMIZE NATURAL GAS UTILIZATION IN SUPPORT OF ENERGY SECURITY

The 45th IPA Convex which was held on 1-3 September 2021 was officially closed virtually by the Head of SKK Migas Dwi Soetjipto on Friday (3/9) afternoon. All stakeholders in the upstream oil and gas sector agreed to optimize the use of natural gas as a solution in reducing carbon emissions, while improving the investment...

Safeguarding the Indonesian Energy Security by Optimizing Natural Gas Utilization

Indonesia’s Energy Security is still facing obstacles. The declining oil and gas production, due to the COVID-19 pandemic and global pressure to reduce carbon emissions, is one of the factors that clog the national energy supply, especially from the oil and gas sector. However, natural gas as clean energy can be a solution to meet...

Optimization of Natural Gas for Indonesia’s Energy Independence, Sovereignty and Security

Satya Widya Yudha, Member of The National Energy Council   The continued rise of the National Energy Demand is expected. In his presentation, a Member of the National Energy Council, Satya Widya Yudha, said that based on the assumption of the General Draft of National Energy (RUEN), to meet domestic gas consumption the country needs...

CSR to Develop Dignified Communities

The presence of the oil and gas industry in an area must have a positive impact on the surrounding community. The benefits of the upstream oil and gas industry can manifest in the surrounding community through the implementation of corporate social responsibility (CSR) programs. The company’s responsibility must touch all aspects of the life of...

The Utilization of Natural Gas Has Not Been Widespread, Creating The Market Is A Must

JAKARTA. The government has prepared various incentives for the upstream oil and gas industry to ensure gas production running more smoothly from the supply side. However, immediate demand creation is a must to ensure that domestic needs can absorb the gas supply. The national gas balance shows that the gas demand in 2020 is 6.04...

To Reach the Carbon Emission Target, Increase Natural Gas Utilization

As one of the largest archipelagic countries, Indonesia has abundant energy sources, including natural gas. The country needs optimal utilization of natural gas to support its huge energy needs in various sectors, as well as for national development. Data from the Ministry of Energy and Mineral Resources, compiled from the Indonesia Natural Gas Balance 2018-2027,...

An Introduction Into The Geology of Indonesia

  We are honored to announce that an important geology book titled, “An Introduction into The Geology of Indonesia” has been compiled and ready to be presented to INDONESIA and the world. The book is a historic work that guides us to a deeper and more comprehensive understanding of Indonesia’s geology. The book is the...