Indonesia remains a global player in energy markets with signifcant reserves. Though onshore production has declined, Indonesia continues to explore deepwater, and ultra-deepwater projects in order to sustain production. With licesnsing rounds and regulatory reforms improving, investments continue to pour in, and M&A activity further strengthens their goals of sustaining output levels.
With declines in onshore production being offset by a ramp-up in offshore and deepwater expansion, Indonesia is keen to continue its E&P activities, and incentivize domestic, and outside investment to do the same. Projects like Geng North, Gendalo-Galang, and renewed investments in Tangguh, will keep up production levels, while ultra-deepwater projects continue to come online.
Today, Pertamina dominates the hydrocarbon sector in Indonesia, but Eni’s acquisitions and drastic growth could reflect a change in market dynamics. Despite all the challenges, Indonesia’s commitment to technological advances to work on maturing fields to increase outputs, increased investments, and ET goals, maintains their status in Southeast Asia, and global energy markets.
With declines in onshore production being offset by a ramp-up in offshore and deepwater expansion, Indonesia is keen to continue its E&P activities, and incentivize domestic, and outside investment to do the same. Projects like Geng North, Gendalo-Galang, and renewed investments in Tangguh, will keep up production levels, while ultra-deepwater projects continue to come online.
Today, Pertamina dominates the hydrocarbon sector in Indonesia, but Eni’s acquisitions and drastic growth could reflect a change in market dynamics. Despite all the challenges, Indonesia’s commitment to technological advances to work on maturing fields to increase outputs, increased investments, and ET goals, maintains their status in Southeast Asia, and global energy markets.
Scope
- In-depth analysis of Indonesia's exploration and production sector. It covers crude oil and natural gas production, with focus on major oil developments, licesnsing rounds, and M&A activity.
Reasons to Buy
- Comprehensive, data-driven, timely, region-specific, strategic, insightful, forward-looking, geopolitical, investment-focused, and energy transition.
Table of Contents
1. Executive Insights2. Oil and Condensate Production Outlook
3. Natural Gas Production Outlook
4. Development Outlook
5. Exploration
6. Bidding & Licensing
7. Mergers & Acquisitions
8. Takeaway
List of Figures
Figure 1: Indonesia, Crude Oil Production (bd) by Terrain
Figure 2: Top Fields in Indonesia by Crude Oil Production
Figure 3: Indonesia, Natural Gas Production (bd) by Terrain
Figure 4: Top Fields in Indonesia by Natural Gas Production
Figure 5: Indonesia, Upcoming Oil & Gas Projects
Figure 6: Indonesia, Net Oil Entitlement (mbd) by Major Companies
Figure 7: Indonesia, Net Gas Entitlement (mmcfd) by Major Companies
Figure 8: Indonesia, Blocks Offered for License, Jan '24 - Dec ' 24
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- PT Pertamina
- Eni SpA
- BP Plc
- ExxonMobil
- Petroliam Nasional Berhad
- Petronas
- Harbour Energy
- Medco Energi
- Mubadala Energy
- Chevron Corporation
- Shell Plc
- Bharat Petroleum
- Sinopec
- KUFPEC
