An aggressive offshore exploration programme and enhanced oil recovery are poised to revitalise Indonesia’s oil and gas industry and possibly turn around declining production rates. Jero Wacik Minster of Energy and Natural Resources, heads the line up of interviews in The Oil & Gas Year Indonesia 2013. Wacik is promoting exploration by offering financial incentives to oil companies.
TOGY’s latest book features in-depth examinations of the country’s salient issues written by team of analysts on the ground in Indonesia. The repercussions of the sudden legal decision to dissolve the industry regulator BPMigas are being felt across the industry. The archipelago strict cabotage law ensures a vibrant shipping industry but a lack of technological skills means the offshore sector is still sourcing specialist vessels abroad.
Graphical resources detail statistic of the hydrocarbons industry in Indonesia, including a foldout poster map Indonesia’s Petroleum Contract Areas that shows ownership and exploration information for every oil and gas block in the country.