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Upstream regulator wants FPSOs to be built domestically

Floating Storage and Offloading at Banyuurip Field, Cepu Block (Photo: SKK Migas)
Floating Storage and Offloading at Banyuurip Field, Cepu Block (Photo: SKK Migas)

JAKARTA (rambuenergy.com) – The Special Task Force for Upstream Oil and Gas Business (SKK Migas) at the Energy and Mineral Resources Ministry (FPSO) said it supports the drive of the government to develop the country’s maritime business. One way to show its support is to issue ruling that requires oil and gas companies to purchase domestically developed floating production storage and offloading (FPSO).

The Head of SKK Migas said at a seminar on The Building of FPSO at the SKK Migas building last week that so far oil and gas companies bought FPSOs made abroad.

“We are going to draft and issue the ruling,” Amien said.

He hopes with this policy, domestic shipbuilders can take larger portion in meeting the vessel needs of domestic oil and gas companies, in particular FPSO which are needed to support their offshore oil and gas production.

At present, SKK Migas in cooperation with production sharing contractors (FPSO) are currently operating 620 vessels that are used for long-term and 80 vessels for short term needs. Out of 24 FSOs (floating storages offloading) and FPSOs that are currently in operation, 7 units are owned by the state and operated by SKK Migas. The government and private oil and gas companies spent US$820 million to operate those FSOs and FPSOs. (*)

 

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JAKARTA (rambuenergy.com) - The Special Task Force for Upstream Oil and Gas Business (SKK MIgas) ...

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