Eko Lumadyo, managing director of Neptune’s Indonesian business
Neptune targets Indonesian growth
The company is focused on increasing throughput at its Jangkrik FPU but is keen to consider fresh opportunities
UK-headquartered Neptune Energy is seeking to raise its gas production in Indonesia, says Eko Lumadyo, managing director of the firm’s local business, although he adds the country may struggle to reverse the overall decline in its output. Indonesia’s bureaucracy can be challenging to navigate, particularly compared with some neighbouring countries, admits Lumadyo. That is especially the case for the developers of onshore projects, which must deal with overlapping regulators and authorities from the central and regional governments as well as engage with local communities. Offshore projects, on the other hand, face fewer complications, as those more than 12 miles from the coast are handled di
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
