Theia

Article

SKK Migas Reports Record US$51.3 Billion in Upstream Oil and Gas Procurement

NATURAL GAS

SKK Migas reported a record procurement value of US$51.353 billion for upstream oil and gas activities, driven by major projects such as the Onshore LNG Inpex Masela and the Indonesia Deepwater Development by ENI. This unprecedented investment is expected to generate hundreds of thousands of jobs and reflects renewed interest in the sector. Additionally, SKK Migas plans to enhance transparency and efficiency in managing tenders with the upcoming launch of the Centralized Integrated Vendors Database.

SKK Migas Reports Record US$51.3 Billion in Upstream Oil and Gas Procurement
Feb 2, 2026, 1:39 PM

No comments yet. Be the first to share your thoughts!