Prima Energy
22 Nov 2022
Prima Energy has officially signed a Production Sharing Contract (PSC) for the Bawean Working Area (WK), which is expected to make a significant contribution to the sustainability of the national energy supply.
Nusa Dua, Bali – Prima Energy has officially signed a Production Sharing Contract (PSC) for profit sharing with the Indonesian government for the Bawean Working Area (WK). This historic contract signing took place at the Nusa Dua Convention Center in Bali on November 22, 2022. The CEO of Prima Energy, Mr. Pieters Adyana Utomo, along with the Head of SKK Migas, Mr. Dwi Soetjipto, and the Director General of Oil and Gas, Mr. Tutuka Ariadji, were present as important witnesses during the ceremony.
The PSC contract for the Bawean WK is a significant step in strengthening energy exploration potential in Indonesia. Located off the coast of East Java, the Bawean WK is believed to have significant reserves of oil and natural gas. With the signing of this contract, Prima Energy is committed to conducting responsible energy exploration and production using advanced technology and international standards.
In his opening speech, the Head of SKK Migas, Mr. Dwi Soetjipto, stated, “The signing of the PSC contract for the Bawean WK is concrete evidence of the government’s commitment to promoting investment in the energy sector. We hope that this cooperation will provide significant economic benefits to the community and make a positive contribution to the national energy supply.”
Meanwhile, the Director General of Oil and Gas, Mr. Tutuka Ariadji, added, “I believe that Prima Energy is a reputable and professional company in the Indonesian energy industry. With the signing of this contract, we believe that Prima Energy will be able to optimize the natural resource potential in the Bawean WK and advance the domestic energy industry.”
As a working contractor in the Bawean WK, Prima Energy is committed to implementing sustainable Corporate Social Responsibility (CSR) programs, including improving the quality of life for the surrounding communities, preserving the environment, and enhancing the skills of the local workforce. The company will also collaborate with relevant parties to ensure safe and environmentally friendly operational activities.
The signing of the PSC contract for the Bawean WK marks a significant milestone in the development of the energy industry in Indonesia. With its large reserves of oil and natural gas, the Bawean WK is expected to make a significant contribution to the sustainability of the national energy supply. Prima Energy, as the working contractor, is poised to play a crucial role in harnessing the energy potential responsibly and advancing the energy industry in Indonesia.
In addition to the Head of SKK Migas, Mr. Dwi Soetjipto, and the Director General of Oil and Gas, Mr. Tutuka Ariadji, the signing ceremony of the PSC contract for the Bawean WK was attended by several important participants. One of them was the CEO of Prima Energy, Mr. Pieters Adyana Utomo.
Mr. Pieters Adyana Utomo, as the CEO of Prima Energy, is an experienced and knowledgeable figure in the energy industry. In the event, he acted as the representative of Prima Energy. With his presence, the contract signing further reinforces the company’s commitment to conducting sustainable energy exploration and production in the Bawean WK.
On that occasion, Mr. Pieters Adyana Utomo expressed Prima Energy's commitment to contributing to the development of the national energy sector. He stated, “We are proud and grateful for this opportunity. Prima Energy is committed to working optimally in utilizing the natural resources available in the Bawean WK. We will carry out our operational activities with a focus on sustainability, safety, and environmental preservation.”
The presence of Mr. Pieters Adyana Utomo at the contract signing event illustrates the importance of Prima Energy as a strategic partner in developing the energy potential in Indonesia. With his experience and leadership, it is expected that Prima Energy will make a significant contribution to enhancing energy self-sufficiency and economic growth in the country.
Therefore, the presence of Mr. Pieters Adyana Utomo, the CEO of Prima Energy, as a participant in the signing ceremony of the PSC contract for the Bawean WK demonstrates the company’s commitment to responsibly harnessing energy potential and advancing the energy industry in Indonesia.