13 June 2024 – The Korea Maritime and Ocean University Consortium (KMOUC) hosted a meeting at the Korea Maritime and Ocean University (KMOU) campus in Busan, South Korea, to discuss offshore plant industry collaborations between the Governments and Businesses of Korea Indonesia. 

This meeting was attended by the KMOUC Chairman, Mr. Oh Jin Seok, and various key stakeholders of the industry, including the Coordinating Ministry for Maritime Affairs and Investments (CMMAI), represented by the Deputy Coordinating Minister for Maritime Navigation and Safety, Mr. Jodi Mahardi, and Director of Marine Services of the Ministry of Marine Affairs and Fisheries (MMAF), Mr. Miftahul Huda.

Besides government institutions, varying state-owned enterprises and industry players were in attendance, such as PT Pertamina (Persero), represented by Corporate Secretary Mr. Brahmantya Satyamurti Poerwadi; PT Pertamina Hulu Energi represented by the Director of Exploration, Mr. Muharram Panguriseng; PT Pertamina Gas, represented by the Director of Strategy and Business Development Mr. Agung Indri Pramantyo; PT Pertamina International Shipping; and POSCO International.

This meeting facilitated various agendas and discussions connected to the industry, covering offshore decommissioning, platform re-utilization, CCS, and LNG. Furthermore, a signing ceremony was processed for a Letter of Intent on Cooperation for Feasibility Studies on Decommissioning and Re-utilization of Offshore Oil and Gas Platforms between KMOUC, MMAF, PT Pertamina (Persero), and PT Pertamina Hulu Energi. Additionally, a Memorandum of Understanding for future collaborations was signed and concluded between KMOUC and PT Pertamina Gas.

This meeting not only introduces collaboration potential and plans in the offshore plant service industry, but also highlights mutually beneficial opportunities between both countries, and the importance of unified cooperation in the planning process. KMOUC, along with its operating arm in Indonesia, KIORCC, will continue to support collaborations and development of the industry between both countries.