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upstream-industry

Why cacao-rich Indonesia is not (yet) a global chocolate producer

Economy 3 months ago

PREMIUM
Why cacao-rich Indonesia is not (yet) a global chocolate producer

Building on its decades-old role as a major cacao producer, Indonesia wants to push into the global chocolate market with a comprehensive supply chain from plantations via processing facilities to factories, but some key hurdles lie in the way.

Navigating cost pressures in Indonesia’s upstream oil and gas industry

Companies 1 year ago

Navigating cost pressures in Indonesia’s upstream oil and gas industry

Boston Consulting Group estimates that Indonesia's upstream energy sector could achieve substantial cost savings of up to 30 percent, or approximately US$2 billion, through comprehensive performance improvement measures, while maintaining or even enhancing production, asset integrity and HSE performance.

Local producers lament relaxed solar panel import rules

Regulations 1 year ago

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Local producers lament relaxed solar panel import rules

Local industry players worry easing import and local content rules would make projects opt to procure solar cells and modules from abroad instead of using those domestically made.

Indonesia must transform into know-how and technology-driven economy

Academia 2 years ago

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Indonesia must transform into know-how and technology-driven economy

To achieve 4-5 percent annual GDP growth, China might need to aggressively expand into other countries' investment and manufacturing sectors, including, most strategically, Indonesia.

Oil and gas giants mulling switch to cost recovery scheme

Regulations 2 years ago

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Oil and gas giants mulling switch to cost recovery scheme

Pertamina's upstream arm PHE and MedcoEnergi are seeking to switch their contracts from a gross split to a cost recovery scheme for certain oil and gas fields to improve their profitability and overall output.

South Jambi B gas block begins production

Business 4 years ago

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South Jambi B gas block begins production

Hong Kong Jindi Group resumes production at a gas block in South Jambi that was inactive for nine years.

Domestic oil, gas lifting falls 2.7% off target in Q1

Business 4 years ago

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Domestic oil, gas lifting falls 2.7% off target in Q1

Lifting, or ready-to-use production, reached 1,665.25 mboepd as of March 31, which is 97.3 percent of the target set in the state budget, according to SKK Migas data.

Brewing tension: Coffee producers call for help as virus saps demand

Business 5 years ago

Brewing tension: Coffee producers call for help as virus saps demand

Rahmah of Ketiara Cooperatives in Central Aceh said on Wednesday that some 400 tons of coffee were being held under a warehouse receipt, 150 tons of which had yet to be sold.

Gas price reductions harm upstream industry

Opinion 5 years ago

PREMIUM
Gas price reductions harm upstream industry

According to ministerial decree No.8/2020, the cut in the gas price at the wellhead – the producer level – will not affect the revenue of gas production contractors in the upstream business.

Four upstream oil and gas projects worth $45m set to kick off in first quarter

Business 5 years ago

PREMIUM
Four upstream oil and gas projects worth $45m set to kick off in first quarter

The four oil and gas projects which are scheduled to begin operation in the first quarter this year include three gas projects that have a collective output of 80 million cubic feet per day (mmscfd).

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