Indonesia has the highest gas reserves and the second highest oil reserves, after Vietnam, among the ASEAN countries. It plays an important role in providing energy needs in the region. With stable political climate and steady economic growth, Indonesia has attracted US$20.9 billion investment in oil and gas sector in 2012.
Major oil operators have increased their capital spending in this lucrative sector. Chevron has embarked a US$7 billion ‘Indonesia deepwater development’ involving drilling of 28 deepwater wells in five integrated fields in Makassar Strait. Inpex’s US$12 billion Abadi FLNG project is in the pipeline. Chevron, Pertamina, Medco have proposed to redevelop their mature fields using enhanced oil recovery technology. Total Indonesia remains committed to its investment in Indonesia.
Facts from OGI 2011
The exhibition spanned 8542m2, up almost 2000m2 from 2009
Over 10,000 visitors went to OGI 2011
There were 728 exhibiting companies at OGI, almost 200 more than in 2009
46 countries were represented – over 10 more than in 2009
The show had 6 International group pavilions – Canada, Germany, Italy, Korea, Singapore, and the UK.
FOR MORE INFO AND TO PARTICIPATE:
Overseas Events Administrator
EIC Overseas Events
Tel: +44 (0) 20 7091 8617
Fax: +44 (0) 20 7091 8601