Based on the Special Task Force for Upstream #Oil and Gas Business Activities (SKKMigas) @humasskkmigas data, there will be 42 main developments up to 2027 with a total investment of $43.3 billion. The projects are divided into 23 offshore projects and 19 onshore projects. Later, the projects are expected to contribute to oil production of 92,100 BOPD and 6.1 billion MSCFD.
Head of SKKMigas said, although the investment achievements in the 2019H1 are still far from the target, the realization of upstream #oilandgas investment increased 16% compared to the same period the previous year worth of $4.5 billion.
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Head of SKKMigas said, although the investment achievements in the 2019H1 are still far from the target, the realization of upstream #oilandgas investment increased 16% compared to the same period the previous year worth of $4.5 billion.
Access The Insider Stories' article through our Twitter account @iipc_newyork.
#InvestIndonesiaNOW
View on Instagram