Posts Tagged ‘Natural Resources’

Oil & Gas Regulation 2017

Restrictions on Contractors in the Indonesian Oil and Gas Sector

By Fitriana Mahiddin and Syahdan Z. Aziz There are a number of rules for Production Sharing Contract (“PSC”) Contractors in Indonesia’s oil and gas sector, including those on the export of production, currency exchange and the transfer or disposal of development rights. Subject to obtaining requisite export approvals, a Contractor is entitled to export its [...]

ALB SE Asia Law Awards 2017

SSEK Nominated for 6 Awards at 2017 ALB SE Asia Law Awards

SSEK Indonesian Legal Consultants is a finalist in six categories at the Asian Legal Business SE Asia Law Awards, which recognize the leading law firms and lawyers in the region. SSEK is nominated for: Energy and Resources Law Firm of the Year Technology, Media and Telecommunications Law Firm of the Year M&A Deal of the [...]

Oil & Gas Regulation 2017

Indonesian Oil and Gas Sector: Role of the State

By Fitriana Mahiddin and Syahdan Z. Aziz Extracted oil and gas in Indonesia remains owned by the State until it passes the point of export or other delivery point. Thereafter, the Government is entitled to a certain percentage of the production output as apportioned under the Production Sharing Contract (“PSC”), as is the Contractor. Under [...]

Oil & Gas Regulation 2017

Development of Oil and Natural Gas in Indonesia

By Fitriana Mahiddin and Syahdan Z. Aziz Indonesia’s oil and gas sector is governed by Law No. 22 of 2001 regarding Oil and Gas (the “Oil and Gas Law”). The state retains mineral rights throughout Indonesian territory and the Government holds the mining authority. The oil and gas sector comprises upstream and downstream activities, which [...]

Chambers Asia 2017 Leading Individual

SSEK Lawyers Highly Ranked in New Chambers Directory

Five SSEK partners and foreign legal advisors have been recognized as leading practitioners in Indonesia across a host of practice areas in the 2017 Chambers Asia-Pacific directory of the leading lawyers in the region. SSEK founding partner Ira A. Eddymurthy received a Band 1 ranking from Chambers for Corporate/M&A. Darrell R. Johnson, a senior foreign [...]

Oil & Gas Regulation 2017

Overview of the Indonesian Natural Gas Sector

By Fitriana Mahiddin and Syahdan Z. Aziz Indonesia has approximately 150-153 trillion standard cubic feet (“TSCF”) of natural gas reserves. The BP Statistical Review of World Energy 2016 recorded 100.3 TSCF of proven reserves in Indonesia as of the end of 2015, with gas production reaching 75 billion m3, which is a slight decrease from [...]

Mining

Government Regulation No. 1 of 2017: Digging a Hole for Indonesian Downstream Mining Industry?

By Ira A. Eddymurthy and Miftahul Khairi The Government of Indonesia (“GOI“) began 2017 by issuing Government Regulation No. 1 of 2017 regarding the Fourth Amendment to Government Regulation No. 23 of 2010 regarding the Implementation of Mineral and Coal Mining Business Activities (January 11, 2017) (“GR 1/2017“). To better understand the policies introduced under [...]

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SSEK Partner Dyah Soewito Recognized in Expert Guides

SSEK founding partner Dyah Soewito has been recognized for Energy and Natural Resources, Real Estate, and Shipping in Legal Media Group’s Expert Guides 2016. Dyah was also selected for inclusion in Expert Guides: Guide to the World’s Leading Women in Business Law 2016. Dyah is supervising partner of SSEK’s real estate and shipping practices. She [...]

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Michael Carl of SSEK Speaks at China Mining Conference

Michael S. Carl, an international legal adviser at SSEK Indonesian Legal Consultants, was a featured speaker at the recent China Mining conference in Tianjin. China Mining has been held annually since 1999 and is one of the world’s top mining events. Michael heads SSEK’s mining practice. He advises multinationals and large domestic companies on all [...]

Geothermal

Indonesian Legal Review: Geothermal

By Fransiscus Rodyanto Indonesia’s geothermal resources are among the largest in the world, with 299 geothermal locations and a total potential of 28,807 MW, or around 40 percent of the total geothermal resources worldwide, according to a September 2014 press release from Indonesia’s Directorate General of Geothermal. In order to utilize this enormous energy potential, [...]