Energy, utilities and resources publications

eu&r publications

May 2025

Oil and Gas in Indonesia: Investment, taxation and regulatory guide - 14th Edition

The 14th edition of the guide provides updates on recent tax, regulatory, and commercial changes, focusing on Indonesia's energy transition. It explores the evolving global energy landscape, policy frameworks, and the integration of renewable energy sources like solar and wind into existing oil and gas infrastructure. The guide emphasises the importance of energy efficiency in reducing carbon emissions and highlights the development of Carbon Capture and Storage (CCS) technologies as a promising solution for mitigating emissions from fossil fuel industries, contributing to global climate change efforts.

Read more


May 2024

Oil and Gas in Indonesia: Investment, taxation and regulatory guide - 13th Edition

In recent years, we have witnessed a rapid transformation in the macroeconomic landscape, with sustainability taking centre-stage. However, this shift in focus presents a challenge, as many countries still heavily rely on fossil fuels for their energy needs and daily necessities, including petrochemical products. Recognising the need to balance sustainability with energy and petrochemical product demand, the investment climate for oil and gas has become even more crucial. In response, the Indonesian government has implemented alternative solutions, such as the establishment of a carbon credit market to promote emission offsetting. Additionally, there is a growing emphasis on carbon capture & storage (CCS) as a prominent solution, given Indonesia’s immense potential in this area. These initiatives align with the government’s broader focus on energy transition, aiming to strike a balance between energy demand and economic growth, and the country’s commitment to achieving net-zero emissions by 2060. 

This edition of the guide focuses on updating readers on the latest tax, regulatory and commercial changes since our previous edition, with a deep dive into the energy transition in Indonesia.

Read more


May 2025

Indonesian Oil and Gas Concessions and Major Infrastructure Map

PwC Indonesia recently released its updated Indonesian Oil and Gas Concessions and Infrastructure Map.

The map provides information on 267 oil and gas blocks by operator (including Government blocks); the operator name, location, block name and contract type. Additional information on major oil and gas infrastructure across Indonesia is also presented on the map.

Please fill out the form here to obtain a hard copy of the map.

 


July 2023

Oil and Gas in Indonesia: Investment and Taxation Guide 2023 - 12th Edition

Over the past three years, the COVID-19 pandemic and geopolitical instability from the Russia-Ukraine conflict, energy supply disruption and price volatility resulted in an unpredictable macroeconomic situation. The uncertainty has highlighted the "energy trilemma", with the competing interests of energy supply, affordability and environmental sustainability causing energy companies and governments across the world to re-think their net zero strategies. This edition of the guide focuses on updating readers on the latest tax, regulatory and commercial changes since our previous edition, with a brief update on the energy transition in Indonesia.

Read more


February 2021

Oil and Gas in Indonesia: Investment and Taxation Guide 2020 - 11th Edition

As we write, the world still finds itself in the midst of the COVID-19 pandemic, and so we have decided not to do a full update of our Guide, but rather to focus only on the latest tax and regulatory changes that have occurred from when we issued our last Guide in the last quarter of 2019 up to the end of the third quarter of 2020. The updates have been provided in the form of a summary of changes presented at the beginning of each section. The impact of the COVID-19 pandemic and uncertainty in the macroeconomic situation are the biggest concerns for stakeholders in the oil and gas industry in Indonesia similar to their counterparts around the world. We have attempted to summarise the changes in key regulations the Government of Indonesia has issued as a response in these uncertain times. 

Read more


2020

2020 Digital Operation Study for Energy - Oil and Gas

Even before the outbreak of the COVID-19 pandemic, the energy industry had been undergoing profound technological disruption. The “fracking revolution”, the rise of renewable energy, improvements in battery storage, a strong push for a hydrogen economy and the electrification of transport represent opportunities for transformation as well as a fundamental competitive threat. These new technologies – combined with digitization – can bring new skill sets and cost efficiencies to the energy, utilities and resources (EU&R) sector, even before they open the door to new competitors. Seen in this context, COVID-19 represents one more challenge in the complex set of issues the EU&R sector has already been grappling with.

 

2020

Drilling for Data - a Pragmatic Perspective on Demystifying Digitization in Oil and Gas

 

The oil and gas sector is making significant strides in digitization. After a few years of carrying out small-scale pilots, a number of oil companies are now leading the way. They have recruited chief digital officers, have designed digital strategies and established business units to promote them, have partnered with technology firms, and are striving to create a culture that nurtures new ways of working. We are witnessing a proliferation of technologies being deployed in the field, whether it’s the use of so-called digital twins to optimize production or drones carrying out offshore inspections.

 

September 2019

Oil and Gas in Indonesia: Investment and Taxation Guide 2019 - 10th Edition

This 10th edition of the PwC Indonesia "Oil and Gas in Indonesia - Investment and Taxation Guide" released in September 2019 outlines the latest tax and regulatory changes that have occurred in the oil and gas industry over recent years, including our views on recent regulatory developments surrounding the new “Gross Split” PSCs. 

Read more


May 2018

Oil and Gas in Indonesia: Investment and Taxation Guide 2018 - 9th Edition

This 9th edition of the PwC Indonesia "Oil and Gas in Indonesia - Investment and Taxation Guide" released in May 2018 captures the latest tax and regulatory updates that have occurred in the oil and gas industry over the past year, including our early views on the new "Gross Split" PSCs.

The development of the oil and gas industry in Indonesia has been successful in many areas, including the pioneering of the Production Sharing Contract (PSC) model and the commercialisation of Liquefied Natural Gas (LNG). However, oil production has waned over recent years, with Indonesia's production and opportunity profile moving steadily away from oil and towards gas - a trend which is likely to continue.

Read more


May 2017

Oil and Gas in Indonesia ─ Investment & Taxation Guide

Investment and Taxation Guide ─ 8th edition

The eighth edition of PwC Indonesia Oil and Gas in Indonesia ─ Investment and Taxation Guide 2017 captures the latest tax and regulatory changes that have occurred in the oil and gas industry during the past two years. Oil and gas production has a long and relatively successful history in Indonesia, with the sector historically characterized by its relatively stable and well-understood regulatory framework. In many years, including the development of the Production Sharing Contract (PSC) model and the commercialization of Liquefied Natural Gas (LNG), Indonesia has been an international pioneer.

Read more


May 2016

Oil and Gas in Indonesia

Investment and Taxation Guide – 7th edition

The 7th edition captures the latest tax and regulatory changes that have occurred in the oil and gas industry during the past two years.

The industry is arguably now in a transitional phase, with a growing domestic need for gas (both for consumers and industrial use), the commencement of LNG imports and the construction of further LNG regasification units - all amid chronically low crude oil prices. Indonesia’s production and opportunity profile has also moved steadily away from oil and towards gas - a trend which may ultimately represent a permanent shift. In short, the age of relative stability in this sector has probably passed. The pace of change is likely only to accelerate. It is hoped that this guide will provide readers with the information necessary to better understand these dynamics.

Read more


May 2016

Is the drum half full or half empty?

An investor survey of the Indonesian oil and gas industry - 8th edition

This is the eighth edition of our survey of the Indonesian oil and gas industry. The purpose of the survey is to help inform the public and private sectors about Indonesia’s petroleum industry and to highlight some of the challenges in attracting optimal investment and achieving its full potential. Where possible, we have compared current results with the results from prior surveys to highlight trends and to assess whether conditions are deteriorating or improving.

Read more


February 2016

New Energy Futures: Perspectives on the transformation of oil and gas sector

Global demand for affordable, reliable energy will continue to grow for the foreseeable future, but there is a new longer-term backdrop as the world transitions to a low carbon system. Companies in the oil and gas sector need to reconsider their portfolio and related capabilities to not only survive, but thrive, in this new future. 

Read more


May 2015

Challenges for a new era

An investor survey of the Indonesian oil and gas industry – May 2015

This is the seventh edition of our survey of the Indonesian oil and gas industry, and where applicable we have analyzed the collective trends in survey participants’ responses using the current and prior reports. The survey responses come from 95 respondents from 75 different companies currently operating in the Indonesian oil and gas sector and therefore can be used to draw credible conclusions about the issues preventing the industry from reaching its full potential.

Read more


May 2014

Opportunities, Risks, Rewards – a balancing act

An investor survey of the Indonesian oil and gas industry – May 2014

Read more


May 2014

Oil and Gas in Indonesia

Investment and Taxation Guide – 6th edition

The 6th edition captures the latest tax and regulatory changes that have occurred in the oil and gas industry during the past two years. In particular, this edition covers the most recent developments related to GR 79, land and building tax and the new negative investment list. This publication has been written as a general investment and taxation tool for all stakeholders and those interested in the oil and gas sector in Indonesia. We have therefore endeavoured to create a publication which can be of use to existing investors, potential investors, and others who might have a more casual interest in the status of this important sector in Indonesia.

As outlined on the contents page, this publication is broken into chapters which cover the following broad topics:

  1. an industry overview
  2. the regulatory framework
  3. the upstream sector
  4. the downstream sector
  5. oilfield service providers
  6. unconventional gas

Read more


Check out our NewsFlash

Contact us

Sacha  Winzenried

Sacha Winzenried

Director, PwC Indonesia

Tel: +62 21 509 92901

Antonius  Sanyojaya

Antonius Sanyojaya

Partner, PwC Indonesia

Tel: +62 21 509 92901

Joshua R Wahyudi

Joshua R Wahyudi

Partner, PwC Indonesia

Tel: +62 21 509 92901

We unite expertise and tech so you can outthink, outpace and outperform
See how
Follow PwC Indonesia