This executive training provides a practical and strategic understanding of the upstream oil and gas business, with a particular focus on fiscal frameworks, regional issues, and their broader economic impacts.
The course explains the principles behind Indonesia’s Production Sharing Contract (PSC) systems, including Cost Recovery and Gross Split, as well as the mechanisms of government revenue distribution such as DBH Migas, Participating Interest (PI) 10%, and PBB Migas. It also explores how upstream investment contributes to regional economic development through multiplier effects.
The IPA organization is run by a Board which is responsible for setting priorities and implementing the Association's activities. The Board of Directors is composed of Company Representatives and consists of five Officers of the Association and in addition not more than eight other duly elected Company Representatives.Members of the Board are elected by the company members every year through a voting process to carry out the tasks of the Association for a period of one year. Board members can be re-elected for successive periods.