The Minister of Energy and Mineral Resources (“MEMR”) has issued a regulation that places new restrictions and requirements on foreign workers in Indonesia’s oil and gas sector and encourages companies to prioritize the hiring and training of local workers. MEMR Regulation No. 31 of 2013 regarding Provisions and Procedures for the Utilization of Foreign Workers … Rules for Foreign Workers in the Indonesian Oil and Gas Industry
By Michael S. Carl On March 13, 2014, Indonesia’s Ministry of Forestry (“MOF”) issued MOF Regulation No. P.16/Menhut-II.2014 (Reg P.16/2014), which sets out the currently applicable requirements and procedures for the issuing of Borrow-Use Permits. The new regulation replaces but does not fundamentally alter the previous regulation governing Borrow-Use Permits, MOF Regulation No. P.18/Menhut-II/2011 dated … MOF Issues New Regulation Governing Borrow-Use Permit for Mining Activities in Indonesia
Michael S. Carl, a foreign legal advisor at SSEK Indonesian Legal Consultants, spoke on Friday, June 6, at the Petromindo mine-mouth power plant workshop in Jakarta. Michael discussed the legal implications of Ministry of Energy and Mineral Resources Regulation No. 10/2014 on security of coal supply and the pricing of coal for mine-mouth power plants. The … SSEK Speaks at Indonesia Mine-Mouth Power Plant Workshop
Ira A. Eddymurthy, a founding partner of SSEK Legal Consultants, has been recognized by Who’s Who Legal as one of Indonesia’s leading lawyers in the areas of mergers and acquisitions, banking and capital markets. Ira is lauded by clients for her sophisticated knowledge of Indonesian law and her comprehensive knowledge and understanding of the commercial … SSEK Partner Recognized as Leading Lawyer in Indonesia for M&A, Banking, Capital Markets
SSEK has advised GlaxoSmithKline (GSK) on a three-part deal that sees the pharmaceutical company take full control of its Indonesian Consumer Healthcare business, while divesting a non-core brand and a manufacturing facility in the country. GSK Consumer Healthcare paid 465 billion Rupiah ($40.7 million) to Sarasvati Venture Capital for the 30% of the Indonesian Consumer … SSEK Advises GSK on Indonesian Transaction
SSEK Legal Consultants is a finalist in six categories at the Asian Legal Business SE Asia Law Awards, which recognize the region’s leading law firms and the top deals of 2013. SSEK has been shortlisted for Energy and Resources Law Firm of the Year, Real Estate Law Firm of the Year, Shipping Law Firm of … SSEK Shortlisted in 6 Categories at ALB SE Asia Law Awards
By Fitriana Mahiddin and Syahdan Z. Aziz Indonesia’s oil and gas sector is regulated mainly by Law No. 22 of 2001 regarding Oil and Natural Gas (the “Oil and Gas Law”). Oil and gas business activities classified as upstream, i.e., exploration and exploitation, are further regulated by Government Regulation No. 35 of 2004, as lastly … Indonesian Oil and Gas Sector: Legal Framework
SSEK has been recognized for its work on the BlueScope Steel and Nippon Steel joint venture, which was named a 2013 Deal of the Year by Asian-MENA Counsel. This US$1.36 billion deal involved a tie-up between Australia’s BlueScope Steel and Japan’s Nippon Steel. Nippon Steel acquired a 50 percent stake in BlueScope Steel as part … SSEK Wins Asian-MENA Counsel Deal of the Year
SSEK celebrated World Book Day on April 23 by organizing an office book drive, with the collected books donated to worthy organizations that are helping to spread the joy of reading in Jakarta. Thanks to everyone at SSEK, we were able to collect close to 250 books. The collected children’s books were donated to Yayasan … SSEK Celebrates World Book Day
By Mahareksha Dillon and Dewi Savitri Reni Article 24 of the Indonesian Constitution stipulates that two institutions have judicial authority in the country, namely the Supreme Court (Mahkamah Agung or “MA”) and the Constitutional Court (Mahkamah Konstitusi or “MK”). These two institutions are independent of one another. Law No. 48 of 2009 regarding Judicial Authority (the … Review of Indonesian Courts under the Supreme Court
