Drilling for oil and gas in RI is getting harder, this is the worst part

Jakarta –

The oil and gas (oil and gas) industry faces increasing challenges in the future. With so many oil and gas projects underway, demand for equipment will increase which will also increase prices.

“We know that the challenges in the Upstream Oil and Gas industry will be higher and higher in the future. It is clear, with projects running everywhere, raw materials, OCTG both with rigs as well, it will definitely drive​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​way through the price, “said SKK Migas, Head of Communication Program Department Hudi D Suryodipuro at SKK Migas, Jakarta, Wednesday (7/8/2024).

This is accompanied by initiatives towards green energy. According to him, under these conditions, the development of fossil energy will have additional costs related to the problem of carbon sequestration.

In this regard, SKK Migas is holding the 2024 National Supply Chain & Capacity Conference at the Jakarta Convention Center (JCC), Jakarta on 14-16 August 2024.

“Well, that’s not to mention the challenge of how, with the initiative, we have to move towards green energy, net zero emissions, where we will certainly incur additional costs if we are going to develop fossil energy what is the problem of carbon sequestration. And this is where it really is.

He said that vendors, both local and international, were present at the event. He hopes that cooperative contract contractors (KKKS) will bring their needs directly to vendors.

“The hope is that industry players, from KKKS, will be able to tell exactly what their needs are. On the other hand, from retailers too, if, for example, there are specific concerns, that they can send them to KKKS actors,” he said. .

He also gave an example, when they talk about rigs, in the future contractors cannot rely on existing rigs. To solve this problem, contractors need to invest, either by buying or building a new rig.

“But if, for example, they build it, invest in it, the question becomes, is it worth it to them? Is this a program from the KKKS? Could it be that they bought a rig, next year the drilling will stop, the drilling will stop, that will not affect them.

(acd/rrd)