Expertise: Oil & Gas

Update on Indonesia’s Omnibus Law and Implementing Regulations – Oil and Gas Sector

The Indonesian Government has enacted implementing regulations to Law No. 11 of 2020 on Jobs Creation (the “Omnibus Law“). The implementing regulation particularly relevant to the oil and gas sector is Government Regulation No. 5 of 2021 on the Implementation of Risk-Based Business Licensing (“GR 5/2021“), which was enacted on February 2, 2021. The regulation Update on Indonesia’s Omnibus Law and Implementing Regulations – Oil and Gas Sector

Indonesian Oil & Gas Regulation – Development of Oil and Natural Gas

Indonesia’s oil and gas sector is gove¬≠¬≠rned by Law No. 22 of 2001 regarding Oil and Natural Gas (November 22, 2001), as amended by Law No. 11 of 2020 regarding Job Creation (November 2, 2020) (“Job Creation Law”) (collectively, the “Oil and Gas Law”). The State retains mineral rights throughout Indonesian territory and the Government Indonesian Oil & Gas Regulation – Development of Oil and Natural Gas

Indonesia Omnibus Law – Changes to the Oil and Gas Law

Indonesia’s closely watched omnibus jobs creation bill recently became law. The stated aim of Law No. 11 Year 2020 on Jobs Creation (the “Omnibus Law“) is to boost investment and create jobs by streamlining regulations and simplifying the licensing process to improve the ease of doing business in Indonesia. The Omnibus Law amends various provisions Indonesia Omnibus Law – Changes to the Oil and Gas Law

Upstream Oil and Gas Short Course with SSEK and ET-Asia

SSEK Legal Consultants and ET-Asia, a leading provider in Indonesia of professional training programs, are teaming up to provide an Upstream Oil and Gas Short Course. Date: 16 – 17 November 2020 Presenting Speakers: Fransiscus Rodyanto, Partner, SSEK Legal Consultants Arief Budiman, Senior Counsel, SKK Migas This training course is designed to help participants understand Upstream Oil and Gas Short Course with SSEK and ET-Asia

Indonesia Omnibus Bill – Potential Changes to the Oil and Gas Law

The Indonesian House of Representatives (DPR) recently passed the Omnibus Bill on Job Creation (the “Omnibus Bill“). The stated aim of the Omnibus Bill is to bolster investment and create jobs by streamlining regulations and simplifying the licensing process to improve the ease of doing business in Indonesia. The Omnibus Bill amends various provisions in Indonesia Omnibus Bill – Potential Changes to the Oil and Gas Law

SSEK Contributes Chapter on Oil and Gas Regulation in Indonesia

SSEK partners Fitriana Mahiddin and Syahdan Z. Aziz have contributed the Indonesia chapter to the International Comparative Legal Guide to: Oil and Gas Regulation 2020. The guide covers common issues in oil and gas laws and regulations, including the development of oil and natural gas, import/export of natural gas, LNG, import/export of oil, transportation, transmission and distribution SSEK Contributes Chapter on Oil and Gas Regulation in Indonesia

Indonesian Government Grants Flexibility for Use of Gross Split and Cost Recovery PSCs

According to reports and anecdotal evidence, many players in the Indonesian upstream oil and gas industry consider the latest form of Production Sharing Contract (“PSC“) using the gross split mechanism less attractive than the cost recovery PSC. So, in an effort to attract new investors and maintain existing investors, the Minister of Energy and Mineral Indonesian Government Grants Flexibility for Use of Gross Split and Cost Recovery PSCs

SSEK Provides Online Training for Indonesia’s Pertagas

SSEK recently arranged a training webinar for about 300 participants from PT Pertamina Gas (Pertagas), a leading player in Indonesia’s midstream and downstream gas sector. SSEK founding partner Ira A. Eddymurthy opened the event. SSEK partner Dewi Savitri Reni gave a presentation on Joint Venture Agreements (JVAs), and Nico Mooduto discussed Joint Operations. SSEK also SSEK Provides Online Training for Indonesia’s Pertagas

SSEK Indonesia Leads Legal Training for Pertamina

SSEK partner Dewi Savitri Reni and associate Aldilla Stephanie Suwana recently provided legal training for employees of PT Pertamina (Persero), the Indonesian state-owned oil and natural gas corporation based in Jakarta. The legal training covered joint venture agreements, the merger and acquisition process in Indonesia, and liquidations. About SSEK SSEK is a leading full-service corporate SSEK Indonesia Leads Legal Training for Pertamina