#Upstream
SKK Migas, contractors committed to reviving idle wells, boosting oil output
The upstream oil and gas regulatory task force (SKK Migas), together with oil and gas contractors (KKKS), have reaffirmed their commitment to supporting the government’s vision of achieving national energy self-sufficiency as can be seen in a new initiative to reassess and rehabilitate community-managed oil wells and optimize the utilization of aging or idle wells across the archipelago.
Govt legalizes community oil wells under new rule to boost output, safety
The Ministry of Energy and Mineral Resources (ESDM) has issued a new regulation to legalize and regulate community-run oil wells − previously categorized as illegal − as part of the government’s broader strategy to boost national oil production and enhance environmental and operational safety standards.
SKK Migas expects output boost from Cepu Block to supplant oil lifting deficiency
The Upstream Oil and Gas Regulatory Task Force (SKK Migas), reported an average national crude oil lifting of 567,900 barrels of oil per day (bopd) as of May 31, 2025, approximately 94 percent of the state budget (APBN) target of 605,000 bopd.
MedcoEnergi acquires Repsol’s participating interest in Corridor PSC
Energy company PT Medco Internasional (MEDC) has strengthened its position in the domestic gas sector with a major acquisition from Spain’s Repsol E&P S.à.r.l., purchasing a 24 percent indirect participating interest in the Corridor Block for US$425 million (Rp6.8 trillion).
Kangean Energy denies environmental misconduct amid public scrutiny
Kangean Energy Indonesia Ltd. (KEI), an upstream oil and gas contractor operating in East Java waters, has refuted recent allegations suggesting that its offshore activities have caused environmental harm and failed to benefit surrounding communities.
Oil production on the rise, surpassing 2024 Output: SKK Migas
The national oil and gas sector has shown signs of recovery as oil production begins to climb steadily, surpassing last year’s levels, with the Upstream Oil and Gas Regulatory Task Force (SKK Migas) revealing that national crude oil output was recorded at 583,275 barrels of oil per day (BOPD) in June, up from 580,405 BOPD in May and exceeding the full-year 2024 average of 580,142 BOPD.
ExxonMobil Indonesia names Wade Floyd as new president
ExxonMobil Indonesia has announced the appointment of Wade Floyd as its new president, succeeding Carole Gall.
Government to offer 60 new oil&gas working areas in the next two years
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has reaffirmed its commitment to accelerating energy security and boosting investor confidence through increased upstream investments and production capacity.
Shell, TotalEnergies, and Chevron to reinvest in RI's upstream oil&gas sector
Twenty-five oil and gas companies, including major global players such as Shell, Chevron, and TotalEnergies, have expressed strong interest in exploring Indonesia’s upstream energy sector, a top government official revealed.
Badak LNG-INPEX Masela ink strategic MoU on LNG project development
Badak LNG, a subsidiary of State-owned energy company Pertamina Hulu Energi has signed a Memorandum of Understanding (MoU) with INPEX Masela Ltd., a subsidiary of Japan-based INPEX Corporation, to explore strategic cooperation in the development of Indonesia’s LNG industry.
PHM continues 2nd “sail away” phase of SNB AOI project in Mahakam
PT Pertamina Hulu Mahakam (PHM), a subsidiary of PT Pertamina Hulu Indonesia (PHI) Kalimantan Region, held a sail away ceremony for the second phase of the Sisi Nubi Area of Interest (SNB AOI) Project for topside platforms WPN7 and WPN8 at PT Meindo Elang Indah facility, Tanjung Pinang, Riau Islands on Tuesday, May 6, 2025.
Government inaugurates US$130 million Akatara Gas Project in Jambi
Deputy Minister of Energy and Mineral Resources (ESDM), Yuliot Tanjung, inaugurated on Wednesday, April 16, 2025 the US$130 million Akatara Gas Processing Facilities (AGPF) project in Bram Itam Raya Village, West Tanjung Jabung Regency, Jambi Province.