SSEK Law Firm foreign legal advisor Michael D. Twomey, partner Fransiscus Rodyanto and associate Fadhira Mediana have contributed the Indonesia chapter to The Legal 500 guide to oil and gas law. The oil and gas legal guide provides a pragmatic overview of the law and practice of oil and gas law. Indonesia: Energy – Oil … Indonesia Oil and Gas: SSEK Law Firm Authors Chapter in Global Legal Guide
With its vast CO₂ storage potential, Indonesia is positioning itself as a key player in global carbon capture and storage (“CCS”) efforts. Recognizing the need for clear regulations, the Government introduced Presidential Regulation No. 14 of 2024 (“PR 14/2024”), establishing a legal framework for CCS activities. This regulation outlines two distinct CCS schemes: one within … New Implementing Regulation in Indonesia on Carbon Capture Storage Activities in Licensed Areas
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
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
Under 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) and Government Regulation No. 35 of 2004 regarding Upstream Oil and Gas Business Activities, … Private Investment in Indonesia’s Upstream Oil & Gas Industry
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
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
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 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 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
