SKK Migas Warns Inpex Over Delayed Masela Block Project

An investment of US$15 billion has been made by ExxonMobil Corporation to establish a petrochemical refinery and carbon capture and storage (CCS) in Indonesia. This massive commitment of over Rp239 trillion aims to promote sustainable energy in the country by using an advanced technology to capture carbon dioxide (CO2) from industrial sources and store it underground. Carole Gall, President Director of ExxonMobil Indonesia, has underlined the corporation’s commitment in supporting environmental sustainability, including in achieving Indonesia's net-zero emission goals.Indonesia’s Minister of Investment and Downstream Industry, Rosan Roeslani, stated that ExxonMobil’s initiative was inspired by British Petroleum’s (BP) recent US$7 billion investment in the Tangguh Ubadari, Carbon Capture Utilization & Storage (CCUS), and Compression—or Tangguh UCC—project in Bintuni Bay, West Papua. This project is scheduled to start in 2028 and will include the development of the Ubadari gas field, the installation of CCUS and exhaust gas recirculation (EGR) at the Vorwata Field, and the improvement of the Tangguh LNG facilities with onshore compressors.While ExxonMobil's investment is twice that of BP's, both efforts share a common goal to cut greenhouse gas emissions and help Indonesia in transitioning to a more sustainable future. By implementing CCUS and EGR technologies, this project represents an important step toward increasing the country’s capacity for clean energy production. As more details of ExxonMobil's plans come to light, all eyes will turn to see how this investment would affect Indonesia's energy future.As the spotlight turns toward the execution of ExxonMobil's plans, this unprecedented investment holds the promise of reshaping Indonesia’s energy landscape. By fostering innovation, reducing environmental impact, and enhancing energy production capacity, ExxonMobil's CCS project could serve as a cornerstone for Indonesia's sustainable energy future. The successful implementation of this initiative will not only reinforce Indonesia's position as a key player in the global energy transition but also inspire other nations to follow suit in prioritizing sustainability and environmental stewardship

In a notable collaboration with SLB, the world's leading energy service company, SPE ITS SC held an enlightening seminar in the format of a talk show. This event was held both online and onsite at Aula BG Munaf at Institut Teknologi Sepuluh Nopember, Surabaya, on September 3, 2023. The main goals of this seminar were, firstly, it aimed to help participants understand the value of SLB in the energy industry, the impact it has, and the opportunities available through the student vacation trainee program. It also aimed to explain the path to getting a full-time job at SLB and shared potential opportunities for university students. This included insights into the selection process and the criteria for eligibility for the trainee program, as well as experiences from previous trainees at SLB.This event is divided into three sessions, the first one is the Introduction to SLB and its commitment toward sustainability: the current & future condition of the oil and gas industry presented by Indah Dwie Jayanti as SLB Campaign Manager to ITS. For decades the oil and gas industry has been in high demand which therefore leads to high profit. With future career prospects, many university fresh-graduates are interested in joining companies involved in the oil and gas industry such as SLB. Hence, the committee was inspired to organize this event to highlight SLB's dedication to sustainability and responsible practices in the oil and gas industry. “The event’s purpose is to serve as a platform to educate, engage, and attract individuals who share the company’s commitment to sustainability while also enhancing SLB’s reputation in the industry”.Sustainability was chosen as the central theme of this event because it addresses global environmental concerns which aligns with SLB's values and mission, and reflects the company's commitment to corporate responsibility and long-term viability. By emphasizing sustainability, SLB demonstrates its dedication to addressing the challenges of our time and contributing to a more sustainable and responsible future.The following segment promises to be an enlightening discussion centered on career prospects. It covered crucial topics such as student vacation trainee opportunities, internships, and insights into future careers in the oil & gas industry. This session was presented by Verra Lakshmi, who holds the esteemed position of SLB Recruiting Manager in Indonesia. This shed light on the question, "Why SLB?" for aspiring professionals.The final session of the event is a significant one, Career Masterclass. In this session, participants had the invaluable opportunity to receive CV feedback and engage in a mock interview, providing them with practical insights and guidance to enhance their professional journey.“Through this event, we strive to create a positive impact by promoting sustainability, sharing knowledge, and fostering innovation. We also aim to contribute to a more sustainable and responsible oil and gas industry while also supporting the professional development of attendees interested in sustainability and career opportunities within SLB.” Written By: Arya Nugraha Aulia Rahman Yusup

Enhancing the knowledge of SPE’s Board of Committee about materials used in the oil and gas industry, Company Visit Division SPE ITS SC conducted Inspect 3.0. The event was held in Pertamina Hulu Energi West Madura Offshore (PHE WMO) Lamongan Shorebase and involved a site visit, presentation, and discussion about the industry.Inspect 3.0 that has been conducted on 14th April is a series of company visit events and in this stewardship, visiting PHE WMO became the third company visit that has been conducted. PHE WMO is a subsidiary of PT Pertamina Hulu Energi (PHE), a subsidiary of PT Pertamina (Persero). PHE WMO primary focus is on exploration and production, but it also has a logistics base in Lamongan, which is crucial for the success of its operations. The PIC of the event Abdulah Abraham Abror explained, company visit this time provided an opportunity for the students to see and visit the shorebase/warehouse under oil and gas-based companies related to the core values of SPE ITS SC. “Through the visit and discussion with the company representative, the students gained insights into the oil and gas industry and how the company worked,” Abror added.More specifically, Abror said this event aims to provide knowledge about the materials used in the oil and gas industry, understand material management and handling processes, as well as introduce students to professions observed in the operating environment. “The event also discussed the end-to-end process of delivery material, including material management and how to handle it safely,” Abror explained.According to Abror, the event started with a safety induction by PHE WMO, followed by an introduction from SPE ITS SC. The opening was then given by PHE WMO, which provided an overview of the company and their role in the shorebase/warehouse. Representative from PHE WMO explained, shorebase management makes remote oil and gas operations more easily managed logistically from nearby ports. Furthermore, the role of shorebase as a support for offshore activities can take the form of a port, warehouse, field, or office.  In upstream oil and gas activities, starting from exploration, production, transportation to the refinery, and selling of oil or gas, shorebase is needed. Equipment such as casing and tubing require a long time to order, so supply chain management planning is needed.  After the introduction, the event proceeded to the site visit. The site visit involved observing the drilling equipment, such as drill bits, various sizes of drill pipes, christmas tree, and other equipments required for drilling process. A discussion of oil and gas from both parties was conducted to exchange knowledge and ideas. “During the visit, the students had the opportunity to ask questions and discuss with the representatives,” Abror added.Quoting one of the participants in the event, said Inspect 3.0 has been a great learning opportunity for me. He has gained valuable knowledge about the oil and gas industry, especially the materials and equipment used in the drilling process. "The visit to the Lamongan Shorebase has given me a real-life experience that cannot be gained through theory alone," he said.The event was successful in achieving its objectives, and the participants gained valuable insights into the oil and gas industry. The event was an excellent opportunity for the students to enhance their knowledge, and it was hoped that it would help them to become more competent professionals in the industry. “This event is expected to strengthen the relationship between SPE ITS SC and the oil and gas companies, including PHE WMO,” Abror concluded. By: Tyara Novia

Indonesia recorded a significant upstream milestone after Eni announced a giant gas discovery at the Geliga-1 exploration well in the Ganal Block, offshore East Kalimantan. The find holds an estimated 5 trillion cubic feet (Tcf) of gas and around 300 million barrels of condensate, making it one of the more consequential discoveries in the region in recent years.The well was drilled to roughly 5,100 meters in water depths of about 2,000 meters, approximately 70 kilometers from shore. Drilling encountered a substantial gas column within Miocene formations with strong petrophysical properties, a result that speaks to the quality of the reservoir even under technically demanding conditions.Geliga-1 is the latest in a string of exploration successes Eni has logged in the Kutei Basin, following Geng North in 2023 and Konta-1 in 2025. Taken together, these findings steadily reinforce the basin's standing as one of Indonesia's most promising gas provinces, with resource potential that scales across multiple structures.On the development side, Eni has already taken Final Investment Decisions (FID) for the South Hub and North Hub projects, both expected to come online around 2028. At full capacity, the two hubs are projected to produce up to 2 billion cubic feet per day (Bcfd) of gas alongside 90,000 barrels of condensate per day. The development will rely on subsea systems and FPSO infrastructure, tied into existing facilities at the Bontang LNG plant.The location of Geliga-1 also draws attention to the nearby Gula discovery, estimated at around 2 Tcf. Early assessments suggest that combining resources from both fields could add roughly 1 Bcfd of gas output and support the formation of a third production hub in the basin, sharing infrastructure and cutting time to market.To close the loop on the downstream side, Eni is looking at options to expand liquefaction capacity at Bontang. The rationale is straightforward: leverage what is already there, keep capital spending in check, and extend the working life of one of Indonesia's principal LNG export facilities.The Ganal Block is operated by Eni with an 82% interest, with Sinopec holding the remaining 18%. The block will eventually fold into a broader joint venture with Petronas, anchoring Eni's position in Southeast Asia's gas market over the longer term.Drilling is expected to continue through 2026 and 2027. If results hold, Geliga looks set to become a meaningful contributor to Indonesia's gas reserve base while reaffirming the Kutei Basin's role in both domestic supply and international LNG trade.Writer: Timothy Evan