The Korea-Indonesia Offshore Plant Service Industry Business Week Successfully Held in Busan

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12-14 December 2023 – The Korean Ministry of Oceans and Fisheries (KMOF) along with KIORCC hosted and arranged the Korea-Indonesia Offshore Plant Service Industry Business Week (“Offshore Business Week”) in Busan. This event invited key government institutions and industry players of both nations and facilitated networking opportunities, project and technology promotions, and potential collaborations in related fields.

The Offshore Business Week consisted of various events, including a Deputy Dialogue, Offshore Forum, Conference, business-to-business (B2B) matching, and site visits for the visiting Indonesian Delegation. In attendance during this event included Mr. Song Myeong-Dal, Deputy Minister of the Ministry of Oceans and Fisheries, Republic of Korea, along with the Assistant Deputy of Maritime Sovereignty and Safety of the Coordinating Ministry for Maritime Affairs and Investment (CMMAI), Mr. Nanang Widiyatmojo, and also the Assistant Deputy of Energy of CMMAI, Mr. Ridha Yasser. Notable participating institutions from both nations included Pertamina, PLN EPI, SKK Migas, PT APCA Tirta Engineering, POSCO International, Karbon Korea, Gas Entech, Donghwa Entec, and more.

Amongst the government-to-government (G2G) discussions included topics of interest between both nations. The topics involved potential collaborations in the energy field, comprising of decommissioning; offshore platform reutilization such as Rig-to-CCS, and Rig-to-LNG Terminal; monitoring results and plans of the Pilot Project for Decommissioning and Rig-to-Reef Re-utilization of Offshore Plants in Indonesia; gas infrastructure development; and also, capacity building opportunities such as technology exchanges, government personnel training, and seafarer training opportunities.

During the conference event on the afternoon of the 13th, various experts from Indonesia presented the current offshore trends and project opportunities in Indonesia to participating Korean companies. The speakers of the first session, titled “Offshore Decommissioning and Reutilization”, included Mr. I Gede Dian Aryana, Head of the ASR and Decommissioning Working Group of SKK Migas, presenting Prospective Decommissioning Projects in Indonesia, and Mr. Raden Bambang Adhitya Nugraha, Deputy Director of Marine Services, who presented the monitoring results and lessons learned from the Pilot Project.

The second session of the conference, titled “Energy Transition Infrastructure Development”, included three speakers. The first speaker, Mr. Rakhmad Dewanto, Director of Gas and Fuel of PLN EPI, discussed LNG Infrastructure Development for Power Plants. Next was Mr. Devi Putra, Lead Specialist Drilling Research of PT Pertamina (Persero) Upstream Research and Technology Innovation who presented Rig to CCUS potential in Indonesia. The third and final speaker was Mr. Aditya Wardhana Yosafat, CEO of PT APCA Tirta Engineering, who shared offshore wind farm potential in Indonesia.

Following the conference was a B2B matching event. This agenda provided a 1:1 opportunity for visiting Indonesian companies to meet interested Korean counterparts to further discuss objective alignments and potential projects to come. Through these meetings, it is hoped that the technology and knowledge-sharing experience can pave firmer collaborations in the future.

On top of the formal agenda of the Offshore Business Week, the event organizers arranged various site visits for the Indonesian Delegation. These site visits included Busan Newport International Terminal (Busan Port Authority and Hanjin Terminal), Hanwha Ocean, KHAN, and Donghwa Entec facilities. This provided the delegation with a first-hand look at the systems and processes provided in the Korean offshore Industry.

Through events such as the Offshore Business Week, KIORCC hopes to increase industry and government collaborations in the offshore plant service industry of both nations. Through open discussions and networking opportunities, firmer project developments in the future are to be expected and are anticipated to be implemented for the advancement of both nations.