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Why Indonesia?

HIGH GROWTH MARKET

With the World Bank suggesting that $500 billion of investment is required over the next five years, opportunities to supply a burgeoning local market are considerable. Recent moves from a gas exporter to importer reaffirms the potential for hydrocarbon exploration.

LOW COST

With the fall in oil prices to around $50/bbl, both the industry and supply chain has had to react to support profitable operations and developments. Indonesia is no different, with rig rates and service fees reaching recent lows.

WELL UNDERSTOOD BASIN

With the introduction of a new Petroleum Sharing Agreement in 2017, the Government of Indonesia's intention to support industry is clear. With further collaboration ongoing, additional measures are likely to support continuing investment in-country.

PROACTIVE GOVERNMENT INCENTIVISATION

With an oil and gas history reaching back nearly 130 years, Indonesia is an extremely well developed and understood basin that still holds significant upside potential. Extensive onshore, offshore and market infrastructure across the region offers low risk commercialisation opportunities.