Insight
New partnerships, new approaches in Indonesia's upstream sector
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Over the last eight years, Indonesia has seen a major shift in the upstream corporate landscape. Oil majors and international oil companies (IOCs) that contributed to nearly two-thirds of domestic production, have reduced their contribution to one-third in 2018. Companies have simplified portfolios, retrenched to core areas and are focused on opportunities that deliver the biggest bang for buck. At the same time, PERTAMINA has almost doubled its domestic production since 2010. But the NOC is juggling multiple financial commitments and will need to prioritize. Bringing on partners with the financial wherewithal and technical expertise could help ease the NOC's burden. Given the wealth of opportunities in Indonesia, healthy corporate diversity is essential to pursue a sustainable resource renewal strategy. Alignment between the government, regulator and NOC as well as competitive fiscal terms can help bring in the right partner for the right project.
Table of contents
- Summary
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Country Report
Denmark upstream summary
Denmark has a mature upstream sector which is in terminal decline. The Government has called time on the industry, with E&P to end by 2050.
$11,340
Asset Report
TSP Area
Teak, Samaan and Poui (TSP) are three oil and gas fields located offshore Trinidad's east coast. For many years, TSP was the ...
$3,720
Country Report
Cote d`Ivoire upstream summary
Côte d'Ivoire's upstream sector has undergone one of the most dramatic transformations in West Africa over the past five ...
$6,480
