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Back in Jakarta: Indonesia upstream research takeaways

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01 June 2022

Back in Jakarta: Indonesia upstream research takeaways

Report summary

After a two-year hiatus, we were back in Indonesia to reconnect with our contacts. Highlights included preparations for the G20 summit to be held in Bali and multiple Covid-19 swab tests. We spoke with industry leaders about: exploration bouncing back with some high-impact wells lined up, the outlook for gas and LNG production, decarbonisation ambitions and carbon capture policy, and finally- a smaller corporate landscape where remaining IOCs can call the shots.

Table of contents

  • Executive Summary
    • Upcoming high-impact wells in Indonesia 2022
    • 2. Long-term gas supply outlook looks increasingly challenged
    • Indonesia's gas supply outlook and 2030 production target
    • Key Memorandums of Understanding signed by PERTAMINA since 2021

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    Back in Jakarta: Indonesia upstream research takeaways

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