Expertise: Natural resources

SSEK Lawyers Highly Ranked for Indonesia in 2024 Legal 500 Guide

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

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

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

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

Renewable Energy Consumption, Policy and General Regulation – Indonesia

Until mid-2020, the share of renewable energy in Indonesia’s total primary energy supply had only reached 10.9 percent. Coal-fired power plants still dominate the supply of electrical energy in Indonesia, while renewable energy power plants account for 14.69 percent of the total national installed power generation capacity. Hydropower and geothermal power account for a majority Renewable Energy Consumption, Policy and General Regulation – Indonesia

New Regulation on Revenue Sharing Funds for Palm Oil Plantations in Indonesia

The Indonesian government recently issued a regulation on revenue sharing funds for palm oil plantations, Government Regulation No. 38 of 2023 dated July 24, 2023, regarding Palm Oil Plantation Revenue Sharing Fund (“Palm Oil RSF”) (“GR 38/2023”). Before the enactment of GR 38/2023, only two types of revenue sharing funds were recognized under Minister of New Regulation on Revenue Sharing Funds for Palm Oil Plantations in Indonesia

ESG Regulations: Indonesia

SSEK Law Firm partner Denny Rahmansyah, senior associate Aldilla Stephanie Suwana and associate Albertus Jonathan Sukardi have contributed the Indonesia chapter to a regional guide on ESG regulations. With growing awareness of the impact of environmental, social and governance (ESG) standards pushing companies in Asia and around the globe to higher levels of accountability, Asia Business ESG Regulations: Indonesia

Indonesia Natural Resources Sector – New Requirements for Depositing Foreign Exchange Export Proceeds into Indonesian Financial System

The President of Indonesia, Joko Widodo, recently enacted Government Regulation No. 36 of 2023 regarding Foreign Exchange Export Proceeds from the Business, Management, and/or Processing of Natural Resources (“GR 36”). GR 36 stipulates new requirements for exporters of natural resources to deposit their foreign exchange export proceeds (Devisa Hasil Ekspor dari Barang Ekspor Sumber Daya Indonesia Natural Resources Sector – New Requirements for Depositing Foreign Exchange Export Proceeds into Indonesian Financial System

Indonesia Oil & Gas Regulation – Currency Exchange Restrictions

The Indonesian Currency Law and Bank Indonesia (“BI”) Regulation No. 17/3/PBI/2015 regarding the Mandatory Use of Rupiah restrict most transactions within Indonesian territory from being carried out using foreign currency. Core upstream activities in Indonesia are exempted from this requirement for a certain period of time, such as expenditures in relation to the first three Indonesia Oil & Gas Regulation – Currency Exchange Restrictions