During ICIUOG In Bali, There Were 16 Oil And Gas Agreements Worth 4.76 Billion US Dollars Signed

Illustration collaboration (Photo: Unsplash)

NUSA Dua - There are at least 16 commercialization agreements between the 4th International Convention on Indonesian Upstream Oil and Gas (ICIUOG) 2023 events in Nusa Dua, Bali, on Wednesday, September 20.

These 16 collaborations include 9 (Nine) gas buying and selling agreements (PJBG) and 7 (seven) signed Head of Agreement (HOA).

Head of the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas), Dwi Soetjipto, revealed that the implementation of the 2023 ICIUOG is the right momentum for business actors to strengthen cooperation in line with the program to increase oil and gas use. "Various oil and gas sales agreements will be signed today and on Friday with an estimated revenue of 4,760.66 million US dollars," Dwi said as quoted on Thursday, September 21.

Dwi said the upstream oil and gas industry always strives to achieve long-term targets in meeting energy needs. This will also be a discussion in ICIUOG 2023. "We hope that support and input from stakeholders can be an important basis in efforts to increase upstream oil and gas investment in order to get reserves while reducing emissions," said Dwi.

The following is a list of agreement tagging in the ICIUOG 2023:1. PJBG signing between PT Pertamina EP and PT Surya Esa Perkasa Tbk2. PJBG signed PT Pertamina EP with PT Energasindo Heksa Karya3. PJBG signed PT Pertamina EP with PT Bayu Buana Gemilang4. PJBG signed PT Pertamina EP with PT PLN Energi Primary5. PJBG signed PHE Tuban East Java with PT Sumber Aneka Gas6. PJBG signed PT Pertamina EP Cepu with PT Petrokimia Gresik7. PJBG signed PT Medco E & P Indonesia and PT Medco E & P Lematang with PT Pupuk Sriwidjaja Palembang8. PJBG signed Genting Oil Kasuri Pte. Ltd. with PT Pupuk Kalimantan Timur

9. The signing of PJBG between SDA South Bengara II Pte. Ltd. with PT National Energy Solutions10. The signing of the HOA between PT Energi Mineral Langgeng and PT National Energy Solutions11. The signing of the HOA between PT Pertamina (Persero) Supply from WK Sanga Sanga and WK East Kalimantan & Attaka with PT Amman Mineral Nusa Tenggara12. The signing of the HOA between Husky CNOOC Madura Ltd. with PT Berkah Buana Energi13. The signing of the MOU between Husky CNOOC Madura Ltd with PT Temas Tbk14. The signing of the MOU between Husky CNOOC Madura Ltd with PT Sinergi Gas Indoraya15. The signing of the MOU between Husky CNOOC Madura Ltd with PT Likuid Nusantara Gas16. The signing of the MOU between Husky CNOOC Madura Ltd with PT Petrokimia Gresik

All commercial agreement documents signed at the ICIUOG series of events are 19 PJBG Oil, 4 PJBG LPG/LNG, 3 HoA, 2 ENTIK Procedures and 1 MSA DES LNG.