OIL & GAS
The oil and gas industry, both in Indonesia and globally, has experienced significant volatility in the past decade. Indonesia has a diverse geological basin that continues to offer considerable potential for oil and gas exploitation. Indonesia has 60 sedimentary basins, including 36 in Western Indonesia which have been thoroughly explored. Fourteen of them produce oil and gas. In unexplored areas in Eastern Indonesia, 39 tertiary and pre-tertiary basins show promise of rich hydrocarbons. Around 75% of exploration and production are located in Western Indonesia. The four oil producing regions are Sumatra, the Java Sea, East Kalimantan and Natuna. The three main gas producing regions are East Kalimantan, South Sumatra and Natuna.
The biggest challenge facing the oil and gas sector is the lack of available logistical infrastructure to support commercial distribution and exploration. The main production sites are located in areas very far from the electricity network and major population centers in Java.
With this challenge, PT Amro Asia Pacific opened an oil and gas business sector, which provided a great opportunity for all subsidiaries to work and assist the holding company in achieving its goals.