Indonesia Oil and Gas Sector Report 2023-2024

Indonesia is relying on its oil and gas sector to fuel its energy-hungry economy. However, depleting hydrocarbons fields and a lack of significant new discoveries of reserves have seen Indonesia's oil and gas production decline in recent years. As a result, the sector's contribution to Indonesia's GDP fell to approximately 3% in 2022 from 4.8% in 2014. As of June 2023, Indonesia had an estimated 4.17 Bbbl of oil and 54.8 tcf of proven natural gas reserves. In 2022, the country ranked third and fourth in the Asia Pacific area for oil and gas production, respectively. In 2022, oil and gas exports accounted for 5.4% of overall exports, while imports accounted for 7.7%.

This report provides a complete and detailed analysis of the "Oil exploration" sector for Indonesia. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Oil exploration" sector in Indonesia
• Crystallise the forces both driving and restraining this sector in Indonesia
• Ascertain Indonesia’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Indonesia.
• Build a clear picture of trends, output and consumption for specific sub-sectors