BADAN PELAKSANA KEGIATAN USAHA

"Badan Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi" (abbreviated as BP Migas) was an Indonesian government agency responsible for managing the upstream oil and gas activities in the country. Established under the Law No. 22 of 2001 concerning Oil and Gas, BP Migas aimed to ensure that exploration, production, and investment in the oil and gas sector were conducted efficiently and in a way that maximized benefits for the state and its people.

BP Migas was tasked with overseeing and regulating the activities of oil and gas companies operating in Indonesia, which included granting licenses, ensuring compliance with regulations and contracts, and facilitating investment in the sector. The agency played a pivotal role in managing the extraction of Indonesia's rich natural resources, and it worked closely with various national and international oil companies.

However, in 2012, the Constitutional Court of Indonesia ruled that BP Migas was unconstitutional, leading to its dissolution. Following this decision, the responsibilities and functions previously held by BP Migas were transferred to a new entity, SKK Migas (Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi). SKK Migas continues to operate as the regulatory body overseeing upstream oil and gas activities in Indonesia, ensuring the sector contributes effectively to the nation's economy.

Ships

ANOA NATUNA

Ship Type Unit | Flag: Republic of Indonesia | Port: Jakarta

Maritime News

China Shipbuilding Market Share Drops 20% Amid USTR Port Fees Concerns

16 hours ago

Chinese shipyards’ market share has dropped from 72% to 52% in the first half of 2025 amid growing concerns over the impact of US Trade Representative (USTR) port fees on Chinese ships, according to the latest report from BIMCO, the world’s largest shipping association.USTR port fees, set to take effect in October 2025, will impact both Chinese owners and operators, as well as ships built in China, BIMCO said.Smaller Chinese-built ships will be exempted from fees, depending on sector-specific criteria, along with exemptions for short haul voyages.Global newbuilding contracting in terms of Compensated Gross Tonnage (CGT) dropped 54% y/y during the first half of 2025.

U.S. Shipbuilding, Maritime Dominance Requires a New Ecosystem

2 days ago

With all the Legislative fanfare, Executive Orders, Committee meetings, lobbying efforts and media announcements concerning American Shipbuilding, Naval Warfare and Maritime Dominance, it is no surprise that the result of the uproar is shear confusion within the maritime industrial base (MIB). The April 9, 2025 Executive Order Restoring America’s Maritime Dominance lists more than several reports to the President due within 90 days. Following those initial updates other reports are due at 180 and 210 days. The industry as a whole has not seen references to any of the reports being completed.

Seatrium Makes First Turnkey FPSO Delivery to Petrobras

2 days ago

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Port Authority of Valencia Presents Strategic Plan 2035

2 days ago

The Port Authority of Valencia (PAV) presented its Strategic Plan at the Clock Building of the Port of Valencia, outlining a vision and series of projects with a clear target year of 2035.This is a ten-year plan designed to consolidate Valenciaport as a generator of wealth and quality employment, while also acting as a driver of investment and transformation in the port and logistics ecosystem. Its mission is to deliver the best possible service to the business sector.By 2035, Valenciaport aspires to handle up to 45% of Spain’s loaded container traffic for imports and exports.

European Ports Slow to Install Shore Power

3 days ago

Most European ports are lagging in installing the shore-side electrical infrastructure needed for ships to switch from highly polluting marine fuel to cleaner electricity while docked, a new study showed on Tuesday.European Union environmental rules have set a 2030 deadline for maritime ports to install the infrastructure to provide what is known as onshore power supply (OPS).To assess their roll-out, Brussels-based NGO Transport & Environment (T&E) commissioned a study covering 31 European ports.Findings show that just one in five of the required power supply connections have been installed or contracted so far, with slow uptake across most ports.