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Berita Hari Ini Oil Drilling

  • Indonesia to Replace Oil Recovery Scheme by Gross Profit Sharing

    Indonesia to Replace Oil Recovery Scheme by Gross Profit Sharing

    Indonesia's Energy and Mineral Resources Ministry targets to replace the cost recovery scheme in the oil and gas industry in January 2017. Instead, the government would use contracts with a gross profit sharing mechanism. The new scheme would simplify procedures (making the investment climate more attractive) while Indonesia "continues to prioritize the interests of the nation and optimize the use of local resources and labor", Deputy Energy Minister Arcandra Tahar said. The proposed changes will not affect existing contracts between contractors and the Indonesian government.

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  • Profile of Elnusa: Indonesia's Integrated Upstream Oil & Gas Company

    Indonesia Investments updated the company profile of Elnusa, an integrated upstream oil and gas company. Core business of Elnusa, which is part of the state-owned Pertamina Group, involves geoscience, drilling and oilfield services. As the company is closely connected to the Indonesian government, it would benefit of the government's commitment to increase oil lifting. However, the current condition of Indonesia's oil and gas sector is still not conducive for large investments. Elnusa is listed as ELSA on the Indonesia Stock Exchange (IDX).

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  • Minyak & Gas Indonesia: Produksi Minyak Mentah Meningkat di 2015?

    Update Oil & Gas Sector Indonesia: Crude Oil Output to Rise in 2015?

    Produksi minyak mentah Indonesia diharapkan untuk berningkat mulai pertengahan Maret 2015 karena sumur-sumur minyak baru mulai berproduksi tahun ini, termasuk ladang minyak Bukit Tua (bagian dari blok Ketapang di Jawa Timur yang dioperasikan Petronas Carigali). Selama dua dekade terakhir produksi minyak Indonesia telah menurun drastis karena ladang-ladang minyak tua mulai jenuh dan kurangnya eksplorasi dan investasi lain di sektor minyak dan gas Indonesia. Pada 2014, Indonesia memproduksi kira-kira 794.000 barrel minyak per hari (bmph).

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