The upstream regulator and the energy ministry are both pushing for the adoption of digital technologies to cut costs and boost output.
new data system that has been implemented in the country’s upstream oil and gas sector has saved US$84 million in contract service costs from this year's maintenance budget, the upstream regulator has said.
The Integrated Operation Center (IOC) is a collection of software applications that work together to gather and integrate data in managing oil and gas operations.
The system comprises eight applications and subsystems: the Integrated Operation System for Production Dashboard, the Oil and Gas Lifting Dashboard, the Stock Management Dashboard, the Plant Information Management System, the Facility Maintenance and Project Monitoring system, the Vessel Tracking Information System, the Real-Time Drilling Operation and the Emergency Response Center.
The government said oil and gas contractors in the country had adopted the IOC this year to optimize their maintenance plans and schedules.
Dwi Soetjipto, the Upstream Oil and Gas Regulatory Task Force (SKK Migas) chairman, said on Tuesday that there was an urgent need to adopt new technologies in the sector.
“As the global demand for oil and gas is growing, the need for new technologies to ease upstream activities is increasing, especially [because of] the increased difficulties in operation and exploration activities,” he said.
The former boss of state-owned energy giant Pertamina added that the upstream oil and gas industry needed to transform and to be more creative in finding new lines of business in the current era.
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