SSEK partners Ira A. Eddymurthy and Dewi Savitri Reni (Vitri) led a seminar in Bandung, West Java, for employees of Indonesian state-owned oil and natural gas corporation Pertamina on the recent establishment of the State-Owned Oil and Gas Holding Company. Ira and Vitri led the SSEK team that advised on the formation of the Oil and Gas … SSEK Partners Give Presentation to Pertamina on Oil and Gas Holding Company
With the increasing number of Production Sharing Contracts (“PSCs“) that will expire in the coming years, discussion of PSC extensions and who has the right to operate expiring PSCs becomes unavoidable. In this regard, Indonesia’s Minister of Energy and Mineral Resources (“MEMR“) first issued MEMR Regulation No. 15 of 2015 regarding Management of Oil and … Does Recent Supreme Court Decision Give Pertamina Priority Over Expiring PSCs in Indonesia?
On January 10, 2019, the Government of Indonesia (GOI) issued Government Regulation No. 1 of 2019 regarding Foreign Exchange Export Proceeds from the Business, Management, and/or Processing of Natural Resources (GR 1/2019). In essence, GR 1/2019 requires that foreign exchange export proceeds deriving from natural resources (DHE SDA) be deposited in special accounts (Special DHE … New Limitation on the Foreign Exchange Proceeds from the Export of Natural Resources
The Indonesian Minister of Energy and Mineral Resources has issued Regulation No. 42 of 2018 regarding the Prioritization of the Use of Crude Oil for the Fulfilment of Domestic Demand (MEMR Reg 42/2018), which came into effect on September 6, 2018. MEMR Reg 42/2018 was issued in response to the order by Indonesian President Joko … Indonesia Issues Regulation to Prioritize the Domestic Use of Crude Oil
SSEK partner Fransiscus Rodyanto led a session at a legal training seminar on Indonesian oil and gas contracts. The three-day seminar, held in Jakarta at the Pertamina Corporate University, was organized by Gadjah Mada University for junior, middle and senior legal staff members of the Indonesian state-owned oil and natural gas corporation and its subsidiaries … SSEK Lawyers Lead Training on Indonesian Oil and Gas Contracts
The Minister of Energy and Mineral Resources (MEMR) has issued MEMR Regulation No. 23 of 2018 regarding the Management of Oil and Gas Working Areas which Production Sharing Contract Will Expire dated April 24, 2018 (MEMR Reg 23/2018). MEMR Reg 23/2018 revokes MEMR Regulation No. 15 of 2015 regarding the Management of Oil and Gas … New Regulation in Indonesia on the Management of Oil and Gas Working Areas with Expiring PSCs
Indonesia’s Minister of Energy and Mineral Resources (“MEMR“), after a long wait, has regulated abandonment and site restoration (“ASR“) activities, or post-operation activities, for the upstream oil and gas sector. MEMR Regulation No. 15 of 2018 regarding Post-Operation Activities in Upstream Oil and Gas Business Activities (“MEMR Reg. 15/2018“) came into effect on February 23, … MEMR Imposes New Abandonment and Site Restoration Obligations for Indonesian Upstream Oil and Gas Activities
By Fitriana Mahiddin and Syahdan Z. Aziz Indonesia’s new Negative Investment List, as recently issued in Presidential Regulation No. 44 of 2016 regarding List of Business Fields that Are Closed and Business Fields that Are Open with Requirements in the Field of Capital Investment, stipulates the foreign shareholding limitations for various business fields. Among others, … Foreign Investment and Dispute Resolution in the Indonesian Oil and Gas Sector
By Fitriana Mahiddin and Syahdan Z. Aziz Gas transportation by pipeline in Indonesia is regulated under Government Regulation No. 36 of 2004 regarding Upstream Oil and Natural Gas Business Activities, as has been amended by Government Regulation No. 30 of 2009 (GR 36) and Ministry of Energy and Mineral Resources (MEMR) Regulation No. 19 of … Oil and Gas Transportation and Infrastructure in Indonesia
By Fransiscus Rodyanto The Indonesian Minister of Energy and Mineral Resources (MEMR) on January 13, 2017 issued Regulation No. 08 of 2017 regarding Gross Split Production Sharing Contracts (MEMR Reg. 8/2017), which came into force on January 16, 2017. The main features of MEMR Reg. 8/2017 are as follows: Gross Split PSC MEMR Reg. 8/2017 … Indonesia Regulates Gross Split Production Sharing Contracts for Conventional and Non-Conventional Oil and Gas
