Expertise: Natural resources

Gross Split Production Sharing Contracts: Commercial Insights from Indonesia’s MEMR Regulation No. 13 of 2024

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In a decisive move to streamline Indonesia’s upstream oil and gas sector, the Minister of Energy and Mineral Resources (“MEMR”) issued Regulation No. 13 of 2024 (“MEMR Reg 13/2024”), introducing a revised framework for Gross Split Production Sharing Contracts (“Gross Split PSC”). MEMR Reg 13/2024 alters the commercial landscape for oil and gas upstream companies operating in … Gross Split Production Sharing Contracts: Commercial Insights from Indonesia’s MEMR Regulation No. 13 of 2024

Private Investment in Indonesia’s Midstream/Downstream Oil & Gas Industry

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Indonesia’s Oil and Gas Law (Law No. 22 of 2021 regarding Oil and Gas, as last amended by Law No. 6 of 2023 regarding the Stipulation of Government Regulation in lieu of Law No. 2 of 2022 regarding Job Creation) liberalized the downstream market and effectively ended Pertamina’s monopoly on the sector. Private entities can … Private Investment in Indonesia’s Midstream/Downstream Oil & Gas Industry

Diving into GR 30/2024: Water Resources Usage and Licensing for Companies in Indonesia

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Indonesia’s new Government Regulation No. 30 of 2024 regarding Water Resource Management (“GR 30/2024“), issued on August 14, 2024, seeks to establish a comprehensive framework for sustainable water resource management, aimed at protecting water resources while supporting productive use. The scope of resources covered includes surface water (from rivers, coasts, etc.) and groundwater. GR 30/2024 … Diving into GR 30/2024: Water Resources Usage and Licensing for Companies in Indonesia

Indonesia Mining Sector: Regulatory Changes Pave the Way for Local Empowerment

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From nickel to gold, Indonesia is recognized as having one of the world’s largest mineral reserves. Given the importance of the mining sector to the nation’s economic growth and the global market, there is a need for more favorable regulation of Indonesia’s mining sector to ensure standards of compliance that protect employees, communities, and the … Indonesia Mining Sector: Regulatory Changes Pave the Way for Local Empowerment

Indonesia Legal Update: Income Tax Relief for Foreign Export Proceeds Deriving from Natural Resources

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The Indonesian government has issued a new regulation that will, among other things, provide some tax relief for income from the placement of foreign export proceeds deriving from natural resources into the Indonesian financial system. Government Regulation No. 22 of 2024 (“GR 22/2024”) came into force on May 20, 2024. It amends Government Regulation No. … Indonesia Legal Update: Income Tax Relief for Foreign Export Proceeds Deriving from Natural Resources

SSEK Lawyers Highly Ranked for Indonesia in 2024 Legal 500 Guide

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SSEK Law Firm’s lawyers were highly ranked for Indonesia in The Legal 500 Asia Pacific 2024 directory of outstanding lawyers and law firms in the region. SSEK’s recognized lawyers are: Leading Individuals   Ira A. Eddymurthy – Corporate and M&A Denny Rahmansyah – Real Estate Michael S. Carl – Corporate and M&A; Restructuring and Insolvency … SSEK Lawyers Highly Ranked for Indonesia in 2024 Legal 500 Guide

SSEK Contributes to Publication on Navigating the Net Zero Transition

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SSEK Law Firm senior partner Ira A. Eddymurthy, senior associate Aldilla S. Suwana and associate Raisya Majory contributed the Indonesia chapter to a new publication, “Navigating the Net Zero Transition: Spotlight on Southeast Asia, Japan & the Republic of Korea.” The publication was the initiative of international law firm King & Wood Mallesons. “Navigating the … SSEK Contributes to Publication on Navigating the Net Zero Transition

SSEK Lawyers Highly Ranked for Indonesia in New Chambers Guide

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Eight SSEK lawyers have been recognized as leading practitioners in Indonesia across five practice areas in the 2024 Chambers Asia-Pacific directory of leading law firms and lawyers. SSEK’s ranked lawyers are:   Ira A. Eddymurthy – Corporate/M&A Fitriana Mahiddin – Projects & Energy Denny Rahmansyah – Real Estate Syahdan Z. Aziz – Employment Dewi Savitri … SSEK Lawyers Highly Ranked for Indonesia in New Chambers Guide

SSEK Again a Recommended Firm for Indonesia in Asia Pacific Green Guide

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For a second consecutive  year, SSEK Law Firm is a Recommended Firm in the Asia Pacific Green Guide. Asia Pacific Green Guide 2024 is published by The Legal 500 to showcase key firms engaging with sustainability across the region. SSEK is one of only three firms recognized from Indonesia. The Asia Pacific Green Guide features … SSEK Again a Recommended Firm for Indonesia in Asia Pacific Green Guide