TANGERANG - Head of the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) Djoko Siswanto revealed, there are 25 oil and gas companies that have the potential and express interest in entering and investing in Indonesia.
Djoko said, there are big names such as Chevron, TotalEnergies, and Shell who have expressed their commitment to working on Indonesian oil and gas fields.
"There is a Total. Chevron has committed to come and see which one is big, right, he will take big companies to see big ones too. Shell too Alhamdulillah, cool right," Djoko told the media crew when met on the sidelines of The 49th IPA Convention and Exhibition at ICE BSD, Tangerang, Tuesday, May 20.
He explained that later the company would focus on exploration activities.
In fact, he continued, there are companies that have joint studies and some have completed joint study activities.
"Some have joined a study, some want to just walk, they just have to look for it, just choose it," explained Djoko.
Furthermore, Djoko said, many companies that want to enter the Indonesian oil and gas industry show that the upstream Indonesian oil and gas industry is still very exciting for foreign investors.
To support this investment interest, the government provides data, technology, good connectivity, and there are regulations for open data.
"They (investors) have tools to see that so they are interested (investing in Indonesia)," he continued.
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Meanwhile, in terms of fiscal policy, Djoko said it was very flexible to support the development of the upstream oil and gas industry, and the government also supported in terms of ease of licensing.
"And we also clearly target to increase production (oil and gas) as well as welcome for all technology to increase production. Now that's what makes them interested," said Djoko.
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