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KIORCC Hosts 3rd Quarter Webinar

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1 December 2022 – The Korea-Indonesia Offshore Research Cooperation Center (KIORCC) hosts its quarterly webinar for the third quarter (Q3 Webinar). This webinar was held in hybrid, where the Indonesian speakers presented online, and Korean participating businesses gathered and engaged from the Westin Chosun Hotel in Busan. These webinars are held quarterly and aim to give quarterly updates regarding project statuses in Indonesia, as well as to expand collaboration opportunities between Indonesian and Korean companies, especially in the offshore and energy sector. These events facilitate a space for Korean companies to be informed about the industry and inquire about any needs with regard to the Indonesian system and procedures.

The 2022 Q3 Webinar had three sessions covering decommissioning, natural gas and LNG infrastructure, and offshore project opportunities. The guest list included various parties ranging from representatives of the Korean Ministry of Fisheries (KMOF), Korean companies in the offshore and energy sector, and distinguished speakers from Indonesian businesses and institutions.

To commence the event, opening remarks were given by Ms. Roh Jae-ok, Deputy Minister of the Marine Policy Office of KMOF, and Dr.Prof. Oh Jin-seok, Chairman of KMOUC.

Subsequently, the first session was first delivered by Mr. I Gede Aryana, Facility Specialist, Division of Operations of SKK Migas (Special Task Force for Upstream Oil and Gas Business Activities). Mr. Gede presented the topic of Platform Decommissioning in Indonesia; itemizing matters on the decommissioning roadmap, project statuses, potential projects, challenges, funding, and the Rig to LNG concept.

The next presentation was delivered by Mr. Choi Hyun-Cheol, a Senior Researcher of KIORCC. His session provided information for Korean companies interested in participating in Decommissioning projects, providing a summary and lessons learned on the recently accomplished Decommissioning Pilot Project. This provided Korean parties a light to expectations of future involvement in heftier projects in Indonesia.

Senior Advisor of KIORCC, Mr. Jugi Prajogio opened the second session by sharing updates on new regulations of power plant gasification, namely the Ministerial Decree (Kepmen) 249/2022. Here, Mr Jugi painted a picture of the process of LNG infrastructure development within the regulatory sphere in Indonesia, along with the challenges necessary to overcome in the future.

Mr. Shantanu Gangras, Director of SANTI Group, an Indonesian company providing consulting services and Engineered Package Units solutions in the energy sector, presented next. In this session, SANTI introduced their services to attending companies, along with Indonesian regasification potential, and also challenges faced by the Indonesian market.

The last session focused on upcoming offshore projects in Indonesia. Mr. Sudjono Suhardjo, President Commissioner of PT Solusi Energy Nusantara (SENA), informed the attendants of the recent state of the oil and gas landscape in Indonesia. Furthermore, he explained attractive projects that Korean companies may be interested in joining, concerning FEED, FPSO, and material provision opportunities.

To close, Mr. Kwak Chong-Ho, CEO of the Korean company Gasentec shared insights on the company’s experiences in participating in the oil and gas sector in Indonesia. Like Gasentec, KIORCC hopes to aid in the increase of Korean involvement in the Indonesian offshore plant industry. With confidence, webinars such as this will boost Korean companies’ understanding and assurance to get involved.