KKS Contractor Hulu Migas Signs Bali Commitment, Pursues Target Of 1 Million Barrels

Head of SKK Migas Dwi Soetjipto delivered his remarks to the 6th CEO of the Forum in Nusa Dua, Bali (Doc. SKK Migas)

NUSA Dua - CEO of Cooperation Contract Contractors (KKS Contractors) and management of the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) are committed to pursuing the target of 1 million bopd of oil and 12 BSCFD of gas by 2030.

This commitment is stated in the Bali Commitment which was signed at the 6th CEO of the Forum in Nusa Dua, Bali.

"Earlier, SKK Migas and KKS Contractors had prepared and signed the Bali Commitment, which is expected to guide us in carrying out our daily work," said Head of SKK Migas Dwi Soetjipto on the sidelines of the 4th International Convention on Indonesian Upstream Oil and Gas 2023 (ICIUOG 2023), Friday, September 22.

He explained that the Bali Commitment contains a declaration of the commitment of KKS Contractors CEOs to make short-term efforts to narrow the 2023 production gap to the 2023 APBN target and to the 2030 target by carrying out upstream oil and gas business activities massively, aggressively and efficiently.

The CEOs are also committed to massive, aggressive and efficient preparation of work and budget programs or Work Program and Budget (WP&B) in 2024 in accordance with commitments to the government and the 2030 target.

"All of this is of course also accompanied by a commitment to ensure that operational activities are carried out by implementing standard safety, occupational health and environmental protection," said Dwi.

He further explained that Bali Commitment does not only contain the commitment of the CEOs of KKS Contractors, but also contains a declration of SKK Migas management commitments.

In this case, the head of SKK Migas, deputy head, and other management are committed to accelerating the approval processes whose authority rests with SKK Migas; seek to accelerate licensing; mediate and speed up the land acquisition process; and recommend approval to get the necessary stimulus to support the economy of the KKS Contractor project. Dwi Soetjipto added, Bali is committed to encouraging KKS Contractors to carry out aggressive and massive activities.